Global Partners LP
GLP
#4560
Rank
โ‚ฌ1.66 B
Marketcap
49,43ย โ‚ฌ
Share price
2.55%
Change (1 day)
58.91%
Change (1 year)

Operating Margin for Global Partners LP (GLP)

Operating Margin as of November 2024 (TTM): 0.76%

According to Global Partners LP's latest financial reports and stock price the company's current Operating Margin is 0.76%. At the end of 2023 the company had an Operating Margin of 1.49%.

Operating Margin history for Global Partners LP from 2005 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20231.49%-38.76%
20222.44%127.13%
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%-14.94%
20120.51%37.37%
20110.37%-41.02%
20100.63%-27.48%
20090.87%82.93%
20080.48%-37.42%
20070.76%-26.73%
20061.04%39.8%
20050.74%31.38%
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
2.35% 209.21%๐Ÿ‡บ๐Ÿ‡ธ USA
8.70% 1,044.74%๐Ÿ‡บ๐Ÿ‡ธ USA
7.97% 948.68%๐Ÿ‡บ๐Ÿ‡ธ USA
1.02% 34.21%๐Ÿ‡บ๐Ÿ‡ธ USA
0.23%-69.74%๐Ÿ‡บ๐Ÿ‡ธ USA
-23.64%-3,210.53%๐Ÿ‡บ๐Ÿ‡ธ USA
3.64% 378.95%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.