WKC · World Kinect Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.69B | - | $9.39B | $9.04B | $9.45B | - | $10.49B | $10.97B | $10.95B | - |
| Cost of Revenue | $9.41B | - | $9.14B | $8.81B | $9.22B | - | $10.22B | $10.72B | $10.70B | - |
| Gross Profit | $271.20M | - | $249.60M | $232.40M | $230.40M | - | $268.10M | $245.20M | $254.10M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $77.40M | - | $69.50M | $67.30M | $72.40M | - | $71.80M | $72.80M | $75.10M | - |
| Total Operating Expenses | $214.90M | - | $186.80M | $577.50M | $237.00M | - | $195.80M | $200.00M | $190.80M | - |
| D&A | $20.00M | - | $25.50M | $23.80M | $25.30M | - | - | - | $25.30M | - |
| Operating Income | $56.30M | - | $62.90M | ($345.10M) | ($6.60M) | - | $72.30M | $45.20M | $63.30M | - |
| Interest Expense | $27.60M | - | $28.40M | $28.20M | $26.60M | - | $29.00M | $29.20M | $30.90M | - |
| Income Tax | $6.60M | - | $10.70M | ($109.60M) | ($6.80M) | - | $14.60M | $9.70M | $3.30M | - |
| Net Income | $26.20M | - | $25.70M | ($339.40M) | ($21.10M) | - | $33.50M | $108.30M | $27.40M | - |
| EPS - Basic | $0.51 | - | $0.46 | ($6.06) | ($0.37) | - | $0.57 | $1.81 | $0.46 | - |
| EPS - Diluted | $0.50 | - | $0.46 | ($6.06) | ($0.37) | - | $0.57 | $1.81 | $0.45 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $151.10M | $193.50M | $473.60M | $403.20M | $456.40M | $382.90M | $373.80M | $524.60M | $321.30M | $304.30M |
| Accounts Receivable | $2.84B | $2.21B | $2.08B | $2.14B | $2.25B | $2.43B | $2.48B | $2.59B | $2.68B | $2.74B |
| Inventory | $739.20M | $454.20M | $501.30M | $474.90M | $503.70M | $513.50M | $619.90M | $646.70M | $654.60M | $664.60M |
| Accounts Payable | $3.41B | $2.59B | $2.52B | $2.54B | $2.53B | $2.73B | $2.75B | $2.98B | $2.97B | $3.10B |
| Current Assets | $4.39B | $3.50B | $3.64B | $3.57B | $3.83B | $3.96B | $4.17B | $4.40B | $4.39B | $4.50B |
| Total Assets | $6.80B | $5.86B | $6.06B | $6.05B | $6.59B | $6.73B | $6.98B | $7.19B | $7.17B | $7.38B |
| Current Liabilities | $4.20B | $3.31B | $3.15B | $3.15B | $3.34B | $3.44B | $3.58B | $3.82B | $3.86B | $4.05B |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $5.59B | $4.56B | $4.43B | $4.45B | $4.66B | $4.78B | $4.93B | $5.15B | $5.22B | $5.43B |
| Stockholders' Equity | $1.20B | $1.30B | $1.62B | $1.60B | $1.92B | $1.95B | $2.04B | $2.03B | $1.95B | $1.94B |
| Retained Earnings | $1.26B | $1.32B | $1.63B | $1.62B | $1.98B | $2.01B | $2.12B | $2.10B | $2.00B | $1.98B |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($46.40M) | - | - | - | $114.40M | - | - | - | $110.20M | - |
| Investing Cash Flow | ($11.60M) | - | - | - | ($5.80M) | - | - | - | ($16.90M) | - |
| Financing Cash Flow | $15.40M | - | - | - | ($32.40M) | - | - | - | ($64.30M) | - |
| CapEx | $13.80M | - | $18.20M | $14.60M | $15.20M | - | - | - | $17.50M | - |
| Free Cash Flow | ($60.20M) | - | - | - | $99.20M | - | - | - | $92.70M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 2.8% | - | 2.7% | 2.6% | 2.4% | - | 2.6% | 2.2% | 2.3% | - |
| Operating margin | 0.6% | - | 0.7% | -3.8% | -0.1% | - | 0.7% | 0.4% | 0.6% | - |
| EBITDA margin | 0.8% | - | 0.9% | -3.6% | 0.2% | - | - | - | 0.8% | - |
| Net margin | 0.3% | - | 0.3% | -3.8% | -0.2% | - | 0.3% | 1.0% | 0.3% | - |
| Free cash flow margin | -0.6% | - | - | - | 1.0% | - | - | - | 0.8% | - |
| FCF / Net income | -2.30 | - | - | - | -4.70 | - | - | - | 3.38 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 0.8% | - | 0.7% | 0.7% | 0.8% | - | 0.7% | 0.7% | 0.7% | - |
| Effective tax rate | 20.1% | - | 29.4% | - | - | - | 30.4% | 8.2% | 10.7% | - |
| Return on assets | 0.4% | - | 0.4% | -5.6% | -0.3% | - | 0.5% | 1.5% | 0.4% | - |
| Return on equity | 2.2% | - | 1.6% | -21.2% | -1.1% | - | 1.6% | 5.3% | 1.4% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.05 | 1.06 | 1.15 | 1.13 | 1.15 | 1.15 | 1.16 | 1.15 | 1.14 | 1.11 |
| Quick ratio | 0.87 | 0.92 | 0.99 | 0.98 | 1.00 | 1.00 | 0.99 | 0.98 | 0.97 | 0.95 |
| Cash ratio | 0.04 | 0.06 | 0.15 | 0.13 | 0.14 | 0.11 | 0.10 | 0.14 | 0.08 | 0.08 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | 2.0x | - | 2.2x | -12.2x | -0.2x | - | 2.5x | 1.5x | 2.0x | - |
| Equity multiplier | 5.65 | 4.51 | 3.75 | 3.79 | 3.43 | 3.45 | 3.42 | 3.54 | 3.68 | 3.80 |
| Liabilities / Assets | 0.82 | 0.78 | 0.73 | 0.73 | 0.71 | 0.71 | 0.71 | 0.72 | 0.73 | 0.74 |
| Efficiency | ||||||||||
| Asset turnover | 1.42 | - | 1.55 | 1.49 | 1.43 | - | 1.50 | 1.53 | 1.53 | - |
| Inventory turnover | 12.74 | - | 18.24 | 18.55 | 18.31 | - | 16.49 | 16.58 | 16.34 | - |
| Days sales outstanding | 107d | - | 81d | 87d | 87d | - | 86d | 86d | 89d | - |
| Days inventory outstanding | 29d | - | 20d | 20d | 20d | - | 22d | 22d | 22d | - |
| Days payable outstanding | 132d | - | 101d | 105d | 100d | - | 98d | 101d | 101d | - |
| Cash conversion cycle | 3d | - | 0d | 1d | 7d | - | 10d | 7d | 10d | - |
| Valuation | ||||||||||
| P / E | 46.1x | - | 56.4x | - | - | - | 54.2x | 14.3x | 58.8x | - |
| P / B | 1.0x | - | 0.9x | 1.0x | 0.8x | - | 0.9x | 0.8x | 0.8x | - |
| P / S | 0.1x | - | 0.2x | 0.2x | 0.2x | - | 0.2x | 0.1x | 0.1x | - |
| EV / EBITDA | 13.7x | - | 11.1x | - | 61.7x | - | - | - | 14.4x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 2.5% | - | -10.5% | -17.5% | -13.7% | - | -14.3% | -0.1% | -12.3% | - |
| Revenue CAGR (3y) | -8.1% | - | -15.7% | -19.2% | -8.6% | - | 7.9% | 15.7% | 22.5% | - |
| Revenue CAGR (5y) | 10.2% | - | 15.9% | 23.4% | 3.4% | - | 2.4% | 3.0% | 4.8% | - |
| Gross profit growth (YoY) | 17.7% | - | -6.9% | -5.2% | -9.3% | - | -4.7% | -13.0% | -3.3% | - |
| Operating income growth (YoY) | - | - | -13.0% | - | - | - | -1.4% | -40.1% | -2.0% | - |
| Net income growth (YoY) | - | - | -23.3% | - | - | - | -4.0% | 262.2% | 20.2% | - |
| EPS growth (YoY) | - | - | -19.3% | - | - | - | -1.7% | 277.1% | 25.0% | - |
| EPS CAGR (3y) | 11.6% | - | -12.2% | - | - | - | 18.8% | 86.3% | 14.5% | - |
| EPS CAGR (5y) | 10.8% | - | -18.6% | - | - | - | -4.8% | 26.9% | -3.9% | - |
| FCF growth (YoY) | - | - | - | - | 7.0% | - | - | - | -25.4% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -37.3% | -33.3% | -20.9% | -21.3% | -1.6% | 0.3% | 3.9% | 3.7% | -2.8% | -2.1% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$36.92B totalAviation Segment$18.99B · 51.4%
Land Segment$10.24B · 27.7%
Marine Segment$7.68B · 20.8%
Geographic
$58.08B totalUS$19.28B · 33.2%
North America$9.85B · 17.0%
EMEA$7.94B · 13.7%
Americas Excluding United States$5.13B · 8.8%
Asia Pacific$4.57B · 7.9%
SG$4.50B · 7.7%
Latin America$3.72B · 6.4%
GB$3.10B · 5.3%
Peer comparison
Same SIC group: Wholesale-Petroleum & Petroleum Products (No Bulk Stations)
Comparing WORLD KINECT CORP against the 5 most active filers in the same SIC group.
Dividends
$0.80/share trailing 12 months · +17.6% YoY
| Ex-date | Per share |
|---|---|
| Mar 30, 2026 | $0.2000 |
| Dec 15, 2025 | $0.2000 |
| Sep 30, 2025 | $0.2000 |
| Jun 17, 2025 | $0.2000 |
| Mar 31, 2025 | $0.1700 |
| Dec 23, 2024 | $0.1700 |
| Sep 30, 2024 | $0.1700 |
| Jun 17, 2024 | $0.1700 |
| Mar 22, 2024 | $0.1700 |
| Dec 15, 2023 | $0.1400 |
| Sep 29, 2023 | $0.1400 |
| Jun 23, 2023 | $0.1400 |
| Apr 5, 2023 | $0.1400 |
| Dec 22, 2022 | $0.1400 |
| Sep 22, 2022 | $0.1400 |
| Jun 2, 2022 | $0.1200 |
| Mar 24, 2022 | $0.1200 |
| Dec 16, 2021 | $0.1200 |
| Sep 16, 2021 | $0.1200 |
| Jun 3, 2021 | $0.1200 |
| Mar 25, 2021 | $0.1200 |
| Dec 10, 2020 | $0.1000 |
| Sep 24, 2020 | $0.1000 |
| Jun 4, 2020 | $0.1000 |