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Side-by-side financial comparison of CME Group (CME) and GLOBAL PARTNERS LP (GLP). Click either name above to swap in a different company.
GLOBAL PARTNERS LP is the larger business by last-quarter revenue ($2.2B vs $1.9B, roughly 1.2× CME Group). GLOBAL PARTNERS LP runs the higher net margin — 1.1% vs 0.1%, a 1.1% gap on every dollar of revenue. On growth, CME Group posted the faster year-over-year revenue change (14.5% vs 7.0%). Over the past eight quarters, CME Group's revenue compounded faster (10.8% CAGR vs 0.2%).
CME Group Inc. is an American financial services company based in Chicago, Illinois. It operates financial derivatives exchanges, including the Chicago Mercantile Exchange (CME), the Chicago Board of Trade (CBOT), the New York Mercantile Exchange (NYMEX), and the Commodity Exchange (COMEX). The company owns 27% of S&P Dow Jones Indices. It is the world's largest operator of financial derivatives exchanges. Its exchanges are platforms for trading in agricultural products, currencies, energy, i...
Global Partners LP is an American energy supply company ranked 361 in the 2018 Fortune 500. The company is organized as a master limited partnership, and its operations focus on the importing of petroleum products and marketing them in North America. It wholesales products like crude oil, diesel oil, gasoline, heating oil and kerosene.
CME vs GLP — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $1.9B | $2.2B |
| Net Profit | $1.2M | $25.1M |
| Gross Margin | — | 11.9% |
| Operating Margin | 0.1% | 2.6% |
| Net Margin | 0.1% | 1.1% |
| Revenue YoY | 14.5% | 7.0% |
| Net Profit YoY | 20.7% | 5.0% |
| EPS (diluted) | — | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $1.9B | — | ||
| Q4 25 | $1.6B | $2.2B | ||
| Q3 25 | $1.5B | $2.2B | ||
| Q2 25 | $1.7B | $2.1B | ||
| Q1 25 | $1.6B | $2.2B | ||
| Q4 24 | $1.5B | $2.1B | ||
| Q3 24 | $1.6B | $2.1B | ||
| Q2 24 | $1.5B | $2.3B |
| Q1 26 | $1.2M | — | ||
| Q4 25 | $1.2B | $25.1M | ||
| Q3 25 | $908.0M | $29.0M | ||
| Q2 25 | $1.0B | $25.2M | ||
| Q1 25 | $956.2M | $18.7M | ||
| Q4 24 | $874.6M | $23.9M | ||
| Q3 24 | $912.8M | $45.9M | ||
| Q2 24 | $883.2M | $46.1M |
| Q1 26 | — | — | ||
| Q4 25 | — | 11.9% | ||
| Q3 25 | — | 12.1% | ||
| Q2 25 | — | 13.1% | ||
| Q1 25 | — | 11.7% | ||
| Q4 24 | — | 13.0% | ||
| Q3 24 | — | 13.4% | ||
| Q2 24 | — | 12.6% |
| Q1 26 | 0.1% | — | ||
| Q4 25 | 61.8% | 2.6% | ||
| Q3 25 | 63.3% | 2.7% | ||
| Q2 25 | 66.7% | 2.9% | ||
| Q1 25 | 67.5% | 2.6% | ||
| Q4 24 | 62.1% | 2.8% | ||
| Q3 24 | 64.6% | 3.9% | ||
| Q2 24 | 65.3% | 3.7% |
| Q1 26 | 0.1% | — | ||
| Q4 25 | 71.7% | 1.1% | ||
| Q3 25 | 59.1% | 1.3% | ||
| Q2 25 | 60.6% | 1.2% | ||
| Q1 25 | 58.2% | 0.9% | ||
| Q4 24 | 57.3% | 1.2% | ||
| Q3 24 | 57.6% | 2.1% | ||
| Q2 24 | 57.6% | 2.0% |
| Q1 26 | — | — | ||
| Q4 25 | $3.24 | — | ||
| Q3 25 | $2.49 | — | ||
| Q2 25 | $2.81 | — | ||
| Q1 25 | $2.62 | — | ||
| Q4 24 | $2.40 | — | ||
| Q3 24 | $2.50 | — | ||
| Q2 24 | $2.42 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.4B | — |
| Total DebtLower is stronger | $3.4B | — |
| Stockholders' EquityBook value | — | — |
| Total Assets | $202.0B | $3.9B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $2.4B | — | ||
| Q4 25 | $4.5B | — | ||
| Q3 25 | $2.6B | — | ||
| Q2 25 | $2.1B | — | ||
| Q1 25 | $1.5B | — | ||
| Q4 24 | $3.0B | — | ||
| Q3 24 | $2.4B | — | ||
| Q2 24 | $1.9B | — |
| Q1 26 | $3.4B | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | $28.7B | — | ||
| Q3 25 | $28.2B | — | ||
| Q2 25 | $27.7B | — | ||
| Q1 25 | $27.0B | — | ||
| Q4 24 | $26.5B | — | ||
| Q3 24 | $28.2B | — | ||
| Q2 24 | $27.6B | — |
| Q1 26 | $202.0B | — | ||
| Q4 25 | $198.4B | $3.9B | ||
| Q3 25 | $187.1B | $3.7B | ||
| Q2 25 | $179.9B | $3.8B | ||
| Q1 25 | $157.8B | $3.8B | ||
| Q4 24 | $137.4B | $3.8B | ||
| Q3 24 | $137.8B | $3.7B | ||
| Q2 24 | $123.4B | $3.8B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | — | $101.0M |
| Free Cash FlowOCF − Capex | — | $62.2M |
| FCF MarginFCF / Revenue | — | 2.8% |
| Capex IntensityCapex / Revenue | — | 1.8% |
| Cash ConversionOCF / Net Profit | — | 4.03× |
| TTM Free Cash FlowTrailing 4 quarters | — | $193.3M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $101.0M | ||
| Q3 25 | $968.1M | $19.0M | ||
| Q2 25 | $1.1B | $216.3M | ||
| Q1 25 | $1.1B | $-51.6M | ||
| Q4 24 | $1.0B | $67.2M | ||
| Q3 24 | $1.0B | $122.7M | ||
| Q2 24 | $776.9M | $24.3M |
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $62.2M | ||
| Q3 25 | $949.7M | $-678.0K | ||
| Q2 25 | $1.0B | $201.3M | ||
| Q1 25 | $1.1B | $-69.5M | ||
| Q4 24 | $991.7M | $20.4M | ||
| Q3 24 | $973.2M | $98.4M | ||
| Q2 24 | $758.7M | $8.7M |
| Q1 26 | — | — | ||
| Q4 25 | 66.8% | 2.8% | ||
| Q3 25 | 61.8% | -0.0% | ||
| Q2 25 | 61.5% | 9.7% | ||
| Q1 25 | 67.1% | -3.2% | ||
| Q4 24 | 65.0% | 1.0% | ||
| Q3 24 | 61.4% | 4.6% | ||
| Q2 24 | 49.5% | 0.4% |
| Q1 26 | — | — | ||
| Q4 25 | 2.0% | 1.8% | ||
| Q3 25 | 1.2% | 0.9% | ||
| Q2 25 | 1.1% | 0.7% | ||
| Q1 25 | 0.9% | 0.8% | ||
| Q4 24 | 1.7% | 2.3% | ||
| Q3 24 | 1.9% | 1.1% | ||
| Q2 24 | 1.2% | 0.7% |
| Q1 26 | — | — | ||
| Q4 25 | 0.96× | 4.03× | ||
| Q3 25 | 1.07× | 0.66× | ||
| Q2 25 | 1.03× | 8.58× | ||
| Q1 25 | 1.17× | -2.76× | ||
| Q4 24 | 1.16× | 2.82× | ||
| Q3 24 | 1.10× | 2.67× | ||
| Q2 24 | 0.88× | 0.53× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CME
Segment breakdown not available.
GLP
| Gasoline | $1.0B | 46% |
| Refined Petroleum Products Renewable Fuels Crude Oil And Propane | $884.7M | 40% |
| Commercial Segment | $187.6M | 8% |
| Station Operations | $110.5M | 5% |