Global Partners Q4 net income drops 57% YoY to $23.9M; storage capacity expands to 22M bbl

GLOBAL PARTNERS LP

Q4 2024 net income $23.9M ($0.52 diluted unit) vs $55.3M ($1.41) in Q4 2023.
Full-year 2024 net income $110.3M ($2.41/unit) vs $152.5M ($3.76) in 2023.
Q4 adjusted EBITDA $97.8M vs $112.1M; full-year adjusted EBITDA $388.9M vs $356.3M.
DCF $45.7M in Q4 vs $59.4M; full-year DCF $205.8M vs $202.7M.
Since late 2023, added 30 terminals, storage capacity up 12.1M bbl to 22M bbl.

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