Global Partners LP
GLP
Operating Margin for Global Partners LP (GLP)
Operating Margin as of April 2024 (TTM): 2.04%
According to Global Partners LP's latest financial reports and stock price the company's current Operating Margin is 2.04%. At the end of 2021 the company had an Operating Margin of 1.07%.
Operating Margin history for Global Partners LP from 2005 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 1.07% | -51.74% |
| 2020 | 2.22% | 130.71% |
| 2019 | 0.96% | -38.03% |
| 2018 | 1.56% | 15.87% |
| 2017 | 1.34% | -172.67% |
| 2016 | -1.85% | -266.14% |
| 2015 | 1.11% | 15.91% |
| 2014 | 0.96% | 120.08% |
| 2013 | 0.44% | -9.15% |
| 2012 | 0.48% | 40.63% |
| 2011 | 0.34% | -46.05% |
| 2010 | 0.63% | -27.48% |
| 2009 | 0.87% | 82.67% |
| 2008 | 0.48% | -37.34% |
| 2007 | 0.76% | -26.73% |
| 2006 | 1.04% | -0.7% |
| 2005 | 1.05% | 84.97% |
| 2004 | 0.57% | -22.03% |
| 2003 | 0.73% | 15.77% |
| 2002 | 0.63% | -69.19% |
| 2001 | 2.04% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Phillips 66 PSX | 9.97% | 388.73% | 🇺🇸 USA |
 World Fuel Services
INT | 0.23% | -88.73% | 🇺🇸 USA |
 Star Group SGU | 2.44% | 19.61% | 🇺🇸 USA |
 Clean Energy Fuels CLNE | -36.78% | -1,902.94% | 🇺🇸 USA |
 Suburban Propane Partners SPH | 9.33% | 357.35% | 🇺🇸 USA |
 CrossAmerica Partners CAPL | 0.51% | -75.00% | 🇺🇸 USA |
 Crestwood Equity Partners CEQP | 7.97% | 290.69% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.