GLOP-PA Financials

GLOP-PA

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2024 Currency USD FYE December

This page shows GLOP-PA (GLOP-PA) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 10 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 51/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Growth

GLOP-PA's revenue declined 10.5% year-over-year, from $397.8M to $356.3M. This contraction results in a growth score of 16/100.

Leverage

100

GLOP-PA carries a low D/E ratio of 0.05, meaning only $0.05 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

GLOP-PA's current ratio of 0.45 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 3/100, which could limit financial flexibility.

Cash Flow

100

GLOP-PA converts 73.4% of revenue into free cash flow ($261.4M). This strong cash generation earns a score of 100/100.

Returns

GLOP-PA's ROE of 11.6% shows moderate profitability relative to equity, earning a score of 37/100. This is up from 9.1% the prior year.

Piotroski F-Score Neutral

5/9

GLOP-PA passes 5 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.

Earnings Quality Cash-Backed

1.79x

For every $1 of reported earnings, GLOP-PA generates $1.79 in operating cash flow ($269.9M OCF vs $150.9M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$356.3M

YoY-10.5%

5Y CAGR-1.2%

GLOP-PA generated $356.3M in revenue in fiscal year 2024. This represents a decrease of 10.5% from the prior year.

EBITDA

N/A

Net Income

$150.9M

YoY+8.8%

GLOP-PA reported $150.9M in net income in fiscal year 2024. This represents an increase of 8.8% from the prior year.

EPS (Diluted)

N/A

Cash & Balance Sheet

Free Cash Flow

$261.4M

YoY+5.7%

5Y CAGR-2.0%

GLOP-PA generated $261.4M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 5.7% from the prior year.

Cash & Debt

$7.8M

YoY-34.6%

5Y CAGR-39.6%

GLOP-PA held $7.8M in cash against $64.9M in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

N/A

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

42.4%

YoY+7.5pp

5Y CAGR+51.6pp

GLOP-PA's net profit margin was 42.4% in fiscal year 2024, showing the share of revenue converted to profit. This is up 7.5 percentage points from the prior year.

Return on Equity

11.6%

YoY+2.5pp

5Y CAGR+15.2pp

GLOP-PA's ROE was 11.6% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 2.5 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$8.5M

YoY-44.1%

5Y CAGR-9.5%

GLOP-PA invested $8.5M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 44.1% from the prior year.

GLOP-PA Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$356.3M-10.5%	$397.8M+7.2%	$371.0M+13.8%	$326.1M-2.3%	$333.7M-11.9%	$378.7M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$4.7M+23.2%	$3.8M+126.9%	$1.7M+400.9%	$333K+909.1%	$33K-41.1%	$56K
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	$150.9M+8.8%	$138.7M+16.6%	$119.0M+1978.0%	$5.7M-89.9%	$56.9M+263.5%	-$34.8M
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'24	Q4'23	Q4'22	Q2'22	Q4'21	Q2'21	Q4'20	Q2'20
Revenue	N/A	N/A	N/A	$84.9M	N/A	$70.4M	N/A	$84.4M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	$397K	N/A	$4K	N/A	$9K
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	N/A	N/A	$761K	N/A	$14.7M	N/A	$8.2M
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

GLOP-PA Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$1.4B-13.2%	$1.7B-17.3%	$2.0B-5.5%	$2.1B-8.6%	$2.3B-2.7%	$2.4B
Current Assets	$38.3M-36.5%	$60.2M-75.2%	$243.0M+50.8%	$161.1M+28.1%	$125.7M+15.0%	$109.4M
Cash & Equivalents	$7.8M-34.6%	$11.9M-94.0%	$198.1M+36.1%	$145.5M+40.3%	$103.7M+7.1%	$96.9M
Inventory	$2.7M-6.4%	$2.9M+0.6%	$2.9M-3.2%	$3.0M-1.5%	$3.0M-9.5%	$3.4M
Accounts Receivable	$13.4M-45.3%	$24.4M+118.5%	$11.2M+0.3%	$11.2M-31.4%	$16.3M+127.6%	$7.1M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$149.4M+2.5%	$145.8M-86.2%	$1.1B-13.0%	$1.2B-12.1%	$1.4B-3.6%	$1.4B
Current Liabilities	$84.3M+4.9%	$80.3M-54.7%	$177.2M+1.0%	$175.5M-5.2%	$185.2M-0.8%	$186.7M
Long-Term Debt	$64.9M-0.3%	$65.1M+44.2%	$45.1M-0.9%	$45.6M+40575.0%	$112K-72.9%	$414K
Total Equity	$1.3B-14.7%	$1.5B+58.2%	$960.9M+4.5%	$919.5M-3.6%	$953.8M-1.3%	$966.0M
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'24	Q4'23	Q4'22	Q2'22	Q4'21	Q2'21	Q4'20	Q2'20
Total Assets	$1.4B-13.2%	$1.7B-17.3%	$2.0B-3.1%	$2.1B-2.5%	$2.1B-8.0%	$2.3B-0.7%	$2.3B-0.5%	$2.3B
Current Assets	$38.3M-36.5%	$60.2M-75.2%	$243.0M-16.7%	$291.6M+81.0%	$161.1M+13.8%	$141.6M+12.6%	$125.7M+18.7%	$105.9M
Cash & Equivalents	$7.8M-34.6%	$11.9M-94.0%	$198.1M+34.5%	$147.3M+1.2%	$145.5M+21.5%	$119.8M+15.5%	$103.7M+43.7%	$72.2M
Inventory	$2.7M-6.4%	$2.9M+0.6%	$2.9M-8.2%	$3.2M+5.4%	$3.0M-4.9%	$3.1M+3.6%	$3.0M-28.1%	$4.2M
Accounts Receivable	$13.4M-45.3%	$24.4M+118.5%	$11.2M-29.3%	$15.8M+41.9%	$11.2M-20.0%	$13.9M-14.2%	$16.3M+25.7%	$12.9M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$149.4M+2.5%	$145.8M-86.2%	$1.1B-8.9%	$1.2B-4.5%	$1.2B-8.1%	$1.3B-4.3%	$1.4B-1.9%	$1.4B
Current Liabilities	$84.3M+4.9%	$80.3M-54.7%	$177.2M-26.1%	$239.8M+36.6%	$175.5M-4.2%	$183.2M-1.1%	$185.2M-52.2%	$387.2M
Long-Term Debt	$64.9M-0.3%	$65.1M+44.2%	$45.1M+11.8%	$40.4M-11.4%	$45.6M+23024.9%	$197K+75.9%	$112K-50.0%	$224K
Total Equity	$1.3B-14.7%	$1.5B+58.2%	$960.9M+4.2%	$921.9M+0.3%	$919.5M-7.8%	$997.7M+4.6%	$953.8M+1.5%	$939.9M
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

GLOP-PA Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$269.9M+2.9%	$262.4M-5.5%	$277.7M+19.0%	$233.4M+6.9%	$218.4M-28.1%	$303.9M
Capital Expenditures	$8.5M-44.1%	$15.2M+499.8%	$2.5M-87.0%	$19.4M-17.7%	$23.6M+69.4%	$13.9M
Free Cash Flow	$261.4M+5.7%	$247.2M-10.2%	$275.2M+28.6%	$213.9M+9.9%	$194.7M-32.8%	$289.9M
Investing Cash Flow	$139.4M-6.7%	$149.4M+95.6%	$76.4M-22.2%	$98.2M+521.5%	-$23.3M-525.4%	$5.5M
Financing Cash Flow	-$413.4M+30.9%	-$598.4M-98.0%	-$302.3M-4.3%	-$289.8M-54.0%	-$188.2M+45.6%	-$345.8M
Dividends Paid	$226.4M-22.5%	$292.3M+904.3%	$29.1M-8.7%	$31.9M-54.2%	$69.6M-49.6%	$138.0M
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'24	Q4'23	Q4'22	Q2'22	Q4'21	Q2'21	Q4'20	Q2'20
Operating Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

GLOP-PA Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	42.4%+7.5pp	34.9%+2.8pp	32.1%+30.3pp	1.8%-15.3pp	17.0%+26.2pp	-9.2%
Return on Equity	11.6%+2.5pp	9.1%-3.3pp	12.4%+11.8pp	0.6%-5.3pp	6.0%+9.6pp	-3.6%
Return on Assets	10.4%+2.1pp	8.3%+2.4pp	5.9%+5.6pp	0.3%-2.2pp	2.4%+3.9pp	-1.5%
Current Ratio	0.45-0.3	0.75-0.6	1.37+0.5	0.92+0.2	0.68+0.1	0.59
Debt-to-Equity	0.050.0	0.040.0	0.050.0	0.05+0.0	0.000.0	0.00
FCF Margin	73.4%+11.2pp	62.1%-12.0pp	74.2%+8.6pp	65.6%+7.2pp	58.4%-18.2pp	76.6%

Metric	Q4'24	Q4'23	Q4'22	Q2'22	Q4'21	Q2'21	Q4'20	Q2'20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	0.9%	N/A	20.8%	N/A	9.7%
Return on Equity	N/A	N/A	N/A	0.1%	N/A	1.5%	N/A	0.9%
Return on Assets	N/A	N/A	N/A	0.0%	N/A	0.6%	N/A	0.4%
Current Ratio	0.45-0.3	0.75-0.6	1.37+0.2	1.22+0.3	0.92+0.1	0.77+0.1	0.68+0.4	0.27
Debt-to-Equity	0.050.0	0.040.0	0.050.0	0.040.0	0.05+0.0	0.000.0	0.000.0	0.00
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: The current ratio is below 1.0 (0.45), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Frequently Asked Questions

What is GLOP-PA's annual revenue?

GLOP-PA (GLOP-PA) reported $356.3M in total revenue for fiscal year 2024. This represents a -10.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is GLOP-PA's revenue growing?

GLOP-PA (GLOP-PA) revenue declined by 10.5% year-over-year, from $397.8M to $356.3M in fiscal year 2024.

Is GLOP-PA profitable?

Yes, GLOP-PA (GLOP-PA) reported a net income of $150.9M in fiscal year 2024, with a net profit margin of 42.4%.

How much debt does GLOP-PA have?

As of fiscal year 2024, GLOP-PA (GLOP-PA) had $7.8M in cash and equivalents against $64.9M in long-term debt.

What is GLOP-PA's net profit margin?

GLOP-PA (GLOP-PA) had a net profit margin of 42.4% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is GLOP-PA's return on equity (ROE)?

GLOP-PA (GLOP-PA) has a return on equity of 11.6% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is GLOP-PA's free cash flow?

GLOP-PA (GLOP-PA) generated $261.4M in free cash flow during fiscal year 2024. This represents a 5.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is GLOP-PA's operating cash flow?

GLOP-PA (GLOP-PA) generated $269.9M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are GLOP-PA's total assets?

GLOP-PA (GLOP-PA) had $1.4B in total assets as of fiscal year 2024, including both current and long-term assets.

What are GLOP-PA's capital expenditures?

GLOP-PA (GLOP-PA) invested $8.5M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

What is GLOP-PA's current ratio?

GLOP-PA (GLOP-PA) had a current ratio of 0.45 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.

What is GLOP-PA's debt-to-equity ratio?

GLOP-PA (GLOP-PA) had a debt-to-equity ratio of 0.05 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is GLOP-PA's return on assets (ROA)?

GLOP-PA (GLOP-PA) had a return on assets of 10.4% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is GLOP-PA's Piotroski F-Score?

GLOP-PA (GLOP-PA) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are GLOP-PA's earnings high quality?

GLOP-PA (GLOP-PA) has an earnings quality ratio of 1.79x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is GLOP-PA?

GLOP-PA (GLOP-PA) scores 51 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.