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Benzinga
Benzinga
Business
Benzinga Insights

Looking Into Global Partners's Return On Capital Employed

Global Partners GLP NYSE

According to Benzinga Pro data Global Partners (NYSE:GLP) posted a 42.57% decrease in earnings from Q3. Sales, however, increased by 23.1% over the previous quarter to $4.09 billion. Despite the increase in sales this quarter, the decrease in earnings may suggest Global Partners is not utilizing their capital as effectively as possible. Global Partners reached earnings of $33.64 million and sales of $3.32 billion in Q3.

What Is Return On Capital Employed?

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