GasLog Partners LP financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data GasLog Partners LP files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2017	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	317	402	383	379	334	326	371	398	356	278
General and administrative	4.8	6.55	10.4	8.96	7.84	4.71	8.51	9	9	8.25
Operating income	167	218	198	48.1	122	40.5	155	197	156	-15.2
Interest expense	60.2	70.8	72.7	72	51	37.3	47.6	67.1	4.83	5.04
Interest income	0.21	1.04	2.45	1.89	0.3	0.04	2.36	7.61	0.19	0.09
Net income	22.4	54	25.4	2.65	56.9	5.73	119	139	151	-20.2

Balance sheet

	FY2017	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash and equivalents	67	154	133	96.9	104	146	198	11.9	7.77	5.22
Short-term investments	7.5		10
Receivables	5.26	3.88	13.8	7.15	16.3	11.2	11.2	24.4	13.4	17
Inventory	3.4	3.32	3.38	3.35	3.04	2.99	2.89	2.91	2.73	4.64
Total current assets	97.5	163	181	109	126	161	243	60.2	38.3	29.7
Property, plant and equipment	2,439	2,563	2,509	2,286	2,207	1,889	1,678	1,477	1,276	1,117
Lease right-of-use assets				1.03	0.52	82	93.3	127	130	55
Total assets	2,544	2,732	2,696	2,397	2,333	2,132	2,015	1,666	1,446	1,202
Accounts payable	2.25	4.64
Short-term debt	78.6	108
Total current liabilities	149	196	513	187	185	176	177	80.3	84.3	81
Lease liabilities				0.41	0.11	45.6	45.1	65.1	64.9	26.2
Total liabilities	1,577	1,606	1,443	1,431	1,379	1,212	1,055	146	149	107
Total debt	1,245	1,400	1,366	1,346	1,286	1,086	922
Shareholders' equity	277	216	73.1
Total equity	967	1,126	1,253	966	954	919	961	1,520	1,297	1,095
Total liabilities and equity	2,544	2,732	2,696	2,397	2,333	2,132	2,015	1,666	1,446	1,202

Cash flow statement

	FY2017	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Net income	99.7	148	128	-34.8	56.9	5.73	119	139	151	-20.2
Cash from operations	205	254	197	304	218	233	278	262	270	192
Capital expenditures	-502	-5.06	-24.2	-13.9	-23.6	-19.4	-2.53	-15.2	-8.48	-16.1
Cash from investing	-506	4.97	-31.8	5.48	-23.3	98.2	76.4	149	139	35.3
Debt issued	1,214	60	25.9	445	480
Debt repaid	-791	-230	-209	-465	-541	-205	-169	-217
Share buybacks				-22.9	-1	-18.4	-49.2
Dividends paid	-65.6	-90.3	-118	-138	-69.6	-31.9	-29.1	-292	-226	-130
Cash from financing	295	-172	-185	-346	-188	-290	-302	-598	-413	-230
Exchange rate effect							0.69	0.31
Net change in cash	-6.11	86.7	-20.3	-36.5	6.85	41.8	52.6	-186	-4.12	-2.55
Free cash flow	-297	249	172	290	195	214	275	247	261	176
Interest paid	36	62	63.2	67.8	47.1

Key metrics

Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $25.31 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Operating margin	-5.5%	Operating income / revenue.
Net margin	-7.2%	Net income / revenue.
FCF margin	63.1%	Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin	68.9%	Cash from operations / revenue.
Return on assets (ROA)	-1.5%	Net income / average total assets.
Capex / revenue	5.8%	Capital expenditures / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	-21.9%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	-9.2%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y	-3.6%	Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating income growth, 1y	-109.8%	Operating income vs the same period a year earlier. Only from a positive base.
Net income growth, 1y	-113.4%	Net income vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y	-29.0%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y	-11.6%	Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y	-2.6%	Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Free cash flow growth, 1y	-32.8%	Free cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow CAGR, 3y	-13.9%	Compound annual growth of free cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Free cash flow CAGR, 5y	-2.0%	Compound annual growth of free cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	-16.9%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	-15.8%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	-12.4%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.

Balance sheet health

Metric	Value	How it is calculated
Current ratio	0.37x	Current assets / current liabilities.
Quick ratio	0.27x	(Cash + short-term investments + receivables) / current liabilities.
Cash ratio	0.06x	(Cash + short-term investments) / current liabilities.
Liabilities / assets	8.9%	Total liabilities / total assets.
Interest coverage	-3.01x	Operating income / interest expense.
Working capital	-$51.3M	Current assets - current liabilities.

Efficiency

Metric	Value	How it is calculated
Asset turnover	0.21x	Revenue / average total assets.
Fixed asset turnover	0.23x	Revenue / average property, plant and equipment.
Receivables turnover	18.3x	Revenue / average receivables.
Days sales outstanding	20 days	365 x average receivables / revenue.
Capex / operating cash flow	8.4%	Capital expenditures / cash from operations, when that is positive.

Per share

Metric	Value	How it is calculated
Dividends / FCF	74.2%	Dividends paid / free cash flow, when free cash flow is positive.

Valuation

Metric	Value	How it is calculated
Market cap	$1.20B	Share price x shares outstanding.
Enterprise value	$1.20B	Market cap + total debt - cash - short-term investments.
P/S	4.32x	Market cap / revenue.
P/FCF	6.85x	Market cap / free cash flow. Only when free cash flow is positive.
P/OCF	6.27x	Market cap / cash from operations, when positive.
EV/Sales	4.30x	Enterprise value / revenue.
EV/FCF	6.82x	Enterprise value / free cash flow, when both are positive.
FCF yield	14.6%	Free cash flow / market cap.
Earnings yield	-1.7%	Net income / market cap (the inverse of P/E).
Dividend yield	10.8%	Dividends paid over the period / market cap.
Shareholder yield	10.8%	(Dividends paid + share buybacks) / market cap.

What was GasLog Partners LP's revenue in fiscal 2025?

GasLog Partners LP reported revenue of $278.2M for fiscal 2025, 21.9% lower than the year before.

Was GasLog Partners LP profitable in fiscal 2025?

No. It reported a net loss of $20.2M.

How much free cash flow did GasLog Partners LP generate in fiscal 2025?

Cash from operations of $191.7M minus capital expenditures of $16.1M left free cash flow of $175.6M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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