Global Partners LP
GLP
#4471
Rank
$1.56 B
Marketcap
$46.05
Share price
-2.08%
Change (1 day)
30.42%
Change (1 year)

Operating Margin for Global Partners LP (GLP)

Operating Margin as of February 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
20211.07%-51.74%
20202.22%130.71%
20190.96%-38.03%
20181.56%15.87%
20171.34%-172.67%
2016-1.85%-266.14%
20151.11%15.91%
20140.96%120.08%
20130.44%-9.15%
20120.48%40.63%
20110.34%-46.05%
20100.63%-27.48%
20090.87%82.67%
20080.48%-37.34%
20070.76%-26.73%
20061.04%-0.7%
20051.05%84.97%
20040.57%-22.03%
20030.73%15.77%
20020.63%-69.19%
20012.04%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
9.97% 388.73%๐Ÿ‡บ๐Ÿ‡ธ USA
0.23%-88.73%๐Ÿ‡บ๐Ÿ‡ธ USA
2.44% 19.61%๐Ÿ‡บ๐Ÿ‡ธ USA
-36.78%-1,902.94%๐Ÿ‡บ๐Ÿ‡ธ USA
9.33% 357.35%๐Ÿ‡บ๐Ÿ‡ธ USA
0.51%-75.00%๐Ÿ‡บ๐Ÿ‡ธ USA
7.97% 290.69%๐Ÿ‡บ๐Ÿ‡ธ 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.