Global Partners (GLP) vs Plains All American Pipeline L.P. (PAA)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Plains All American Pipeline L.P. (PAA) has outperformed Global Partners (GLP) over the past year, gaining 44.3% versus a gain of 3.1%. Over five years, PAA leads with a +116.8% price change compared with +115.3% for GLP. Plains All American Pipeline L.P. is the larger company by market cap ($17.00 billion vs $1.59 billion), about 10.7 times the size.
On valuation, Plains All American Pipeline L.P. trades at a lower forward P/E (12.6x vs 18.8x for Global Partners). Plains All American Pipeline L.P. offers the higher dividend yield (6.78% vs 6.49%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | GLP | PAA |
|---|---|---|
| Share price | $47.09 | $24.09 |
| Market cap | $1.59B | $17.00B |
| 1-day change | -1.07% | +0.12% |
| YTD return | +13.74% | +33.96% |
| 1-year return | +3.05% | +44.33% |
| 5-year return | +115.29% | +116.76% |
| P/E ratio (TTM) | 9.61 | 20.77 |
| Forward P/E | 18.76 | 12.59 |
| EPS (TTM) | $4.90 | $1.16 |
| Dividend yield | 6.49% | 6.78% |
| Annual dividend | $3.06 | $1.63 |
| Revenue (latest FY) | — | $44.26B |
| Revenue growth (YoY) | — | -9.46% |
| Net income (latest FY) | — | $1.44B |
| Gross margin | — | 8.65% |
| Operating margin | — | 3.24% |
| Net margin | — | 3.24% |
| 52-week high | $54.29 | $26.39 |
| 52-week low | $39.58 | $15.69 |
| Distance from 52-week high | -13.26% | -8.72% |
| Analyst consensus | none | buy |
| Avg. price target upside | — | +8.47% |
| Average volume | 67.69K | 2.52M |
| Shares outstanding | 33.85M | 705.57M |
| Employees | 3,265 | 3,900 |
| Sector | Energy | Energy |
| Industry | Oil Refining/Marketing | Natural Gas Distribution |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Plains All American Pipeline L.P. is about 10.7 times larger than Global Partners by market value ($17.00B vs $1.59B).
- PAA has outperformed GLP by 41.3 percentage points over the past year.
- Plains All American Pipeline L.P. trades at a higher earnings multiple (20.8x vs 9.6x trailing P/E).
About Global Partners
GLP stock →Global Partners LP engages in the purchasing, selling, gathering, blending, storing, and logistics of transporting gasoline and gasoline blendstocks, distillates, residual oil, renewable fuels, crude oil, and propane to wholesalers, retailers, and commercial customers. The company operates through three segments: Wholesale, Gasoline Distribution and Station Operations (GDSO), and Commercial.
Energy · Oil Refining/Marketing · 3,265 employees
About Plains All American Pipeline L.P.
PAA stock →Plains All American Pipeline, L.P., through its subsidiaries, engages in the pipeline transportation, terminalling, storage, and gathering of crude oil and natural gas liquids (NGL) in the United States and Canada. The company operates through two segments, Crude Oil and NGL.
Energy · Natural Gas Distribution · 3,900 employees
GLP vs PAA FAQ
Which is bigger, Global Partners or Plains All American Pipeline L.P.?
Plains All American Pipeline L.P. (PAA) is larger, with a market capitalization of $17.00B compared with $1.59B for Global Partners (GLP).
Which stock has performed better over the past year, GLP or PAA?
PAA returned +44.33% over the past 12 months, compared with +3.05% for GLP (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, GLP or PAA?
GLP has the lower trailing P/E at 9.6, versus 20.8 for PAA. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Global Partners or Plains All American Pipeline L.P.?
Plains All American Pipeline L.P. has the higher yield at 6.78%, compared with 6.49% for Global Partners.
Are Global Partners and Plains All American Pipeline L.P. in the same industry?
Both are in the Energy sector, but in different industries: Oil Refining/Marketing for Global Partners and Natural Gas Distribution for Plains All American Pipeline L.P..