GLP vs. TPL
Compare and contrast key facts about Global Partners LP (GLP) and Texas Pacific Land Corporation (TPL).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GLP or TPL.
Correlation
The correlation between GLP and TPL is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
GLP vs. TPL - Performance Comparison
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Key characteristics
GLP:
0.58
TPL:
2.53
GLP:
1.19
TPL:
2.91
GLP:
1.15
TPL:
1.43
GLP:
1.14
TPL:
3.70
GLP:
2.48
TPL:
8.21
GLP:
11.50%
TPL:
16.90%
GLP:
40.02%
TPL:
55.92%
GLP:
-81.18%
TPL:
-73.05%
GLP:
-14.79%
TPL:
-17.91%
Fundamentals
GLP:
$1.67B
TPL:
$32.31B
GLP:
$3.14
TPL:
$20.39
GLP:
15.73
TPL:
68.95
GLP:
-0.62
TPL:
0.00
GLP:
0.10
TPL:
44.41
GLP:
2.41
TPL:
26.79
GLP:
$21.75B
TPL:
$727.66M
GLP:
$965.14M
TPL:
$653.55M
GLP:
$424.31M
TPL:
$586.43M
Returns By Period
In the year-to-date period, GLP achieves a 11.02% return, which is significantly lower than TPL's 28.28% return. Over the past 10 years, GLP has underperformed TPL with an annualized return of 13.39%, while TPL has yielded a comparatively higher 40.76% annualized return.
GLP
11.02%
3.53%
4.13%
22.90%
52.85%
13.39%
TPL
28.28%
12.09%
4.33%
140.14%
54.58%
40.76%
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Risk-Adjusted Performance
GLP vs. TPL — Risk-Adjusted Performance Rank
GLP
TPL
GLP vs. TPL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global Partners LP (GLP) and Texas Pacific Land Corporation (TPL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
GLP vs. TPL - Dividend Comparison
GLP's dividend yield for the trailing twelve months is around 5.84%, more than TPL's 1.10% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GLP Global Partners LP | 5.84% | 6.14% | 8.42% | 9.63% | 9.68% | 11.30% | 10.14% | 11.50% | 11.08% | 9.51% | 15.57% | 7.66% |
TPL Texas Pacific Land Corporation | 1.10% | 1.58% | 0.83% | 1.37% | 0.88% | 3.58% | 0.77% | 0.75% | 0.30% | 0.10% | 0.22% | 0.23% |
Drawdowns
GLP vs. TPL - Drawdown Comparison
The maximum GLP drawdown since its inception was -81.18%, which is greater than TPL's maximum drawdown of -73.05%. Use the drawdown chart below to compare losses from any high point for GLP and TPL. For additional features, visit the drawdowns tool.
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Volatility
GLP vs. TPL - Volatility Comparison
Global Partners LP (GLP) and Texas Pacific Land Corporation (TPL) have volatilities of 10.67% and 10.66%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
GLP vs. TPL - Financials Comparison
This section allows you to compare key financial metrics between Global Partners LP and Texas Pacific Land Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
GLP vs. TPL - Profitability Comparison
GLP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Global Partners LP reported a gross profit of 255.24M and revenue of 4.59B. Therefore, the gross margin over that period was 5.6%.
TPL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Texas Pacific Land Corporation reported a gross profit of 172.92M and revenue of 195.98M. Therefore, the gross margin over that period was 88.2%.
GLP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Global Partners LP reported an operating income of 55.89M and revenue of 4.59B, resulting in an operating margin of 1.2%.
TPL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Texas Pacific Land Corporation reported an operating income of 150.07M and revenue of 195.98M, resulting in an operating margin of 76.6%.
GLP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Global Partners LP reported a net income of 18.68M and revenue of 4.59B, resulting in a net margin of 0.4%.
TPL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Texas Pacific Land Corporation reported a net income of 120.65M and revenue of 195.98M, resulting in a net margin of 61.6%.