Global Partners LP

Global Partners LP reported fiscal year 2025 results with sales of $18.56 billion, gross profit of $1.06 billion, and net income of $98.0 million. Operating income was $234.7 million, driven by a gross margin of 5.7% and operating margin of 1.3%. The company generated $284.8 million in net cash from operating activities, but used $101.0 million in investing activities primarily for acquisitions and capital expenditures, and used $179.8 million in financing activities for debt repayments and distributions. Key financial metrics include basic and diluted EPS of $2.00 per common limited partner unit, with net income attributable to common limited partners of $79.2 million after accounting for the general partner's interest and preferred unit redemptions. The balance sheet shows total assets of $3.85 billion, total liabilities of $3.18 billion, and partners' equity of $675.5 million, with total debt of approximately $1.56 billion as disclosed in risk factors.

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