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Global Partners GLP Wholesale — Labor And Related Expense

Other segment segments

Gasoline Distribution And Station Operations
$28.9M-1.7%

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AUBWholesale Banking — Labor And Related Expense
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$16.01M+22.1%
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FHNWholesale — Personnel expense
$56M+9.8%
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FHNWholesale — Noninterest expense
$83M+10.7%
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SHOOWholesale Footwear — Less: Salaries and related expense
$21.17M+25.2%
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LZBWholesale — Selling, General and Administrative Expense
$71.56M-3.0%

Other financials

Income statement

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Revenue$5.3B+15.9%
Gross profit$332.2M+30.1%
Operating income$105.7M+89.2%
Net income$70.1M+275%

Balance sheet

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Cash & equivalents$18.4M+146%
Total debt$499.9M+14.0%
Total assets$4.3B+12.9%

Cash flow

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Operating cash flow-$104.7M-103%
CapEx$31.9M+78.1%
Free cash flow-$136.6M-96.6%

Valuation

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Market cap$1.57B-20.9%
Enterprise value$2.05B-14.6%
P/E10.5×-4.2×
P/S0.1×0.0×

Profitability

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Gross margin5.9%-0.3pp
Operating margin1.5%-0.1pp
Net margin0.8%0.0pp
FCF margin0.7%—

Returns & leverage

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Current ratio1.1×0.0×

Where this comes from

Reported directly by Global Partners in its filing.

Tagged under the XBRL concept us-gaap:LaborAndRelatedExpense.

The official record: Global Partners’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Global Partners's wholesale — labor and related expense?
Global Partners (GLP) reported wholesale — labor and related expense of $12.04M in Q1 2026.
How has Global Partners's wholesale — labor and related expense changed year-over-year?
Global Partners's wholesale — labor and related expense increased by 1.4% year-over-year, from $11.88M to $12.04M.
What is the long-term trend for Global Partners's wholesale — labor and related expense?
Over 3 years (2022 to 2025), Global Partners's wholesale — labor and related expense has grown at a 27.1% compound annual growth rate (CAGR), from $22.22M to $45.63M.
What does wholesale — labor and related expense mean?
Includes all compensation, benefits, and payroll-related costs for personnel directly supporting the wholesale segment's operations. This metric tracks the human capital investment required to maintain logistics and marketing functions. It is a key component of the segment's fixed and variable operating cost structure.