vs
GLOBAL PARTNERS LP（GLP）与ICON PLC（ICLR）财务数据对比。点击上方公司名可切换其他公司
GLOBAL PARTNERS LP的季度营收约是ICON PLC的1.1倍（$2.2B vs $2.0B），GLOBAL PARTNERS LP净利率更高（1.1% vs 0.1%，领先1.0%），GLOBAL PARTNERS LP同比增速更快（7.0% vs 0.6%），ICON PLC自由现金流更多（$333.9M vs $62.2M），过去两年ICON PLC的营收复合增速更高（0.6% vs 0.2%）
Global Partners LP是一家美国能源供应企业，2018年位列《财富》世界500强第361位，采用业主有限合伙制架构，核心业务为石油产品进口，深耕北美市场开展营销活动，批发的产品涵盖原油、柴油、汽油、取暖油及煤油等品类。
ICON plc是总部位于爱尔兰的跨国医疗智能与临床研究服务机构，专注为全球医药健康领域客户提供专业研究及情报支持，截至2025年2月，已在全球55个国家布局业务，员工规模约4.19万人。
GLP vs ICLR — 直观对比
营收规模更大
GLP
是对方的1.1倍
$2.0B
营收增速更快
GLP
高出6.4%
0.6%
净利率更高
GLP
高出1.0%
0.1%
自由现金流更多
ICLR
多$271.7M
$62.2M
两年增速更快
ICLR
近两年复合增速
0.2%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.2B | $2.0B |
| 净利润 | $25.1M | $2.4M |
| 毛利率 | 11.9% | — |
| 营业利润率 | 2.6% | 4.2% |
| 净利率 | 1.1% | 0.1% |
| 营收同比 | 7.0% | 0.6% |
| 净利润同比 | 5.0% | -98.8% |
| 每股收益（稀释后） | — | $0.03 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收GLPICLR
| Q4 25 | $2.2B | — | ||
| Q3 25 | $2.2B | $2.0B | ||
| Q2 25 | $2.1B | $2.0B | ||
| Q1 25 | $2.2B | $2.0B | ||
| Q4 24 | $2.1B | — | ||
| Q3 24 | $2.1B | $2.0B | ||
| Q2 24 | $2.3B | $2.1B | ||
| Q1 24 | $2.2B | $2.1B |
净利润GLPICLR
| Q4 25 | $25.1M | — | ||
| Q3 25 | $29.0M | $2.4M | ||
| Q2 25 | $25.2M | $183.0M | ||
| Q1 25 | $18.7M | $154.2M | ||
| Q4 24 | $23.9M | — | ||
| Q3 24 | $45.9M | $197.1M | ||
| Q2 24 | $46.1M | $146.9M | ||
| Q1 24 | $-5.6M | $187.4M |
毛利率GLPICLR
| 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 24 | 9.8% | — |
营业利润率GLPICLR
| Q4 25 | 2.6% | — | ||
| Q3 25 | 2.7% | 4.2% | ||
| Q2 25 | 2.9% | 10.4% | ||
| Q1 25 | 2.6% | 11.0% | ||
| Q4 24 | 2.8% | — | ||
| Q3 24 | 3.9% | 14.1% | ||
| Q2 24 | 3.7% | 10.8% | ||
| Q1 24 | 1.2% | 13.7% |
净利率GLPICLR
| Q4 25 | 1.1% | — | ||
| Q3 25 | 1.3% | 0.1% | ||
| Q2 25 | 1.2% | 9.1% | ||
| Q1 25 | 0.9% | 7.7% | ||
| Q4 24 | 1.2% | — | ||
| Q3 24 | 2.1% | 9.7% | ||
| Q2 24 | 2.0% | 6.9% | ||
| Q1 24 | -0.3% | 9.0% |
每股收益（稀释后）GLPICLR
| Q4 25 | — | — | ||
| Q3 25 | — | $0.03 | ||
| Q2 25 | — | $2.30 | ||
| Q1 25 | — | $1.90 | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $2.36 | ||
| Q2 24 | — | $1.76 | ||
| Q1 24 | — | $2.25 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | — | $468.9M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | — | $9.3B |
| 总资产 | $3.9B | $16.5B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资GLPICLR
| Q4 25 | — | — | ||
| Q3 25 | — | $468.9M | ||
| Q2 25 | — | $390.4M | ||
| Q1 25 | — | $526.7M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $695.5M | ||
| Q2 24 | — | $506.6M | ||
| Q1 24 | — | $396.1M |
股东权益GLPICLR
| Q4 25 | — | — | ||
| Q3 25 | — | $9.3B | ||
| Q2 25 | — | $9.6B | ||
| Q1 25 | — | $9.5B | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $9.8B | ||
| Q2 24 | — | $9.6B | ||
| Q1 24 | — | $9.4B |
总资产GLPICLR
| Q4 25 | $3.9B | — | ||
| Q3 25 | $3.7B | $16.5B | ||
| Q2 25 | $3.8B | $16.6B | ||
| Q1 25 | $3.8B | $16.7B | ||
| Q4 24 | $3.8B | — | ||
| Q3 24 | $3.7B | $17.2B | ||
| Q2 24 | $3.8B | $17.0B | ||
| Q1 24 | $3.5B | $17.0B |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $101.0M | $387.6M |
| 自由现金流经营现金流 - 资本支出 | $62.2M | $333.9M |
| 自由现金流率自由现金流/营收 | 2.8% | 16.3% |
| 资本支出强度资本支出/营收 | 1.8% | 2.6% |
| 现金转化率经营现金流/净利润 | 4.03× | 164.59× |
| 过去12个月自由现金流最近4个季度 | $193.3M | $1.0B |
8季度趋势，按日历期对齐
经营现金流GLPICLR
| Q4 25 | $101.0M | — | ||
| Q3 25 | $19.0M | $387.6M | ||
| Q2 25 | $216.3M | $146.2M | ||
| Q1 25 | $-51.6M | $268.2M | ||
| Q4 24 | $67.2M | — | ||
| Q3 24 | $122.7M | $402.7M | ||
| Q2 24 | $24.3M | $218.6M | ||
| Q1 24 | $-182.7M | $327.1M |
自由现金流GLPICLR
| Q4 25 | $62.2M | — | ||
| Q3 25 | $-678.0K | $333.9M | ||
| Q2 25 | $201.3M | $113.9M | ||
| Q1 25 | $-69.5M | $239.3M | ||
| Q4 24 | $20.4M | — | ||
| Q3 24 | $98.4M | $359.3M | ||
| Q2 24 | $8.7M | $182.3M | ||
| Q1 24 | $-199.3M | $299.9M |
自由现金流率GLPICLR
| Q4 25 | 2.8% | — | ||
| Q3 25 | -0.0% | 16.3% | ||
| Q2 25 | 9.7% | 5.6% | ||
| Q1 25 | -3.2% | 12.0% | ||
| Q4 24 | 1.0% | — | ||
| Q3 24 | 4.6% | 17.7% | ||
| Q2 24 | 0.4% | 8.6% | ||
| Q1 24 | -9.0% | 14.3% |
资本支出强度GLPICLR
| Q4 25 | 1.8% | — | ||
| Q3 25 | 0.9% | 2.6% | ||
| Q2 25 | 0.7% | 1.6% | ||
| Q1 25 | 0.8% | 1.4% | ||
| Q4 24 | 2.3% | — | ||
| Q3 24 | 1.1% | 2.1% | ||
| Q2 24 | 0.7% | 1.7% | ||
| Q1 24 | 0.8% | 1.3% |
现金转化率GLPICLR
| Q4 25 | 4.03× | — | ||
| Q3 25 | 0.66× | 164.59× | ||
| Q2 25 | 8.58× | 0.80× | ||
| Q1 25 | -2.76× | 1.74× | ||
| Q4 24 | 2.82× | — | ||
| Q3 24 | 2.67× | 2.04× | ||
| Q2 24 | 0.53× | 1.49× | ||
| Q1 24 | — | 1.74× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
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% |
ICLR
| Other Customers | $681.3M | 33% |
| Clients1125 | $549.4M | 27% |
| Clients15 | $503.3M | 25% |
| Clients610 | $308.8M | 15% |
