GLP Q4 2023 Earnings — Global Partners LP Revenue & Financial Results | Market Cap Arena

GLPGlobal Partners LP

$2B

Q4 2023 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$4.4B-0.4% YoY

Gross Profit

$280M6.4% margin

Operating Income

$82M1.9% margin

Net Income

$55M1.3% margin

EPS (Diluted)

$1.41

QoQ Revenue Growth

+4.5%

Cash Flow

Operating Cash Flow

$167M

Free Cash Flow

-$180M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$3.5B

Total Liabilities

$2.7B

Stockholders' Equity

$799M

Cash & Equivalents

$20M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.4B	$4.4B	-0.4%
Gross Profit	$280M	$282M	-0.4%
Operating Income	$82M	$79M	+3.3%
Net Income	$55M	$57M	-3.8%

Revenue Segments

Wholesale

$4.3B47%

GDSO

$4.2B46%

Commercial

$604M7%