World Kinect Corp
WKC- Exchange
- NYSE
- Industry
- Wholesale-Petroleum & Petroleum Products (No Bulk Stations)
- SEC CIK
- 0000789460
In the last 90 days, World Kinect Corp insiders filed 0 open-market purchases and 5 sales; 296 institutions reported holding it in 13F filings for Q2 2026, worth $1.96B in total; no superinvestor holds it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 31, 2026, 1:10 AM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Net loss for FY2025: $614.4M (1.7% of revenue).
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 19, 2026 | Feb 20, 2025 | Feb 22, 2024 | Feb 23, 2023 | Feb 24, 2022 |
| Revenue | $36.9B | $42.2B | $47.7B | $59.0B | $31.3B |
| Cost of revenue | $36.0B | $41.1B | $46.7B | $58.0B | $30.5B |
| Gross profit | $947.8M | $1.03B | $1.06B | $1.09B | $788.2M |
| Operating expenses | $1.51B | $815.7M | $860.2M | $815.8M | $645.6M |
| Selling, general and administrative | $282.5M | $297.1M | $308.0M | $308.7M | $247.6M |
| Operating income | -$564.7M | $210.6M | $198.0M | $273.2M | $142.6M |
| Interest expense | $112.0M | $116.0M | $135.5M | $117.4M | $47.2M |
| Income tax | -$127.9M | $27.6M | $13.0M | $29.2M | $25.8M |
| Net income | -$614.4M | $67.4M | $52.9M | $114.1M | $73.7M |
| EPS, basic | $-10.99 | $1.14 | $0.86 | $1.83 | $1.17 |
| EPS, diluted | $-10.99 | $1.13 | $0.86 | $1.82 | $1.16 |
| Weighted shares, basic | 55.9M | 59.0M | 61.4M | 62.3M | 62.9M |
| Weighted shares, diluted | 55.9M | 59.5M | 61.7M | 62.7M | 63.3M |
| Margins and growth | |||||
| Gross margin | 2.6% | 2.4% | 2.2% | 1.8% | 2.5% |
| Operating margin | -1.5% | 0.5% | 0.4% | 0.5% | 0.5% |
| Net margin | -1.7% | 0.2% | 0.1% | 0.2% | 0.2% |
| Revenue growth, year over year | −12.5% | −11.6% | −19.2% | +88.4% | +53.9% |
| Net income growth, year over year | −1,011.6% | +27.4% | −53.6% | +54.8% | −32.8% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 19, 2026 | Feb 20, 2025 | Feb 22, 2024 | Feb 23, 2023 | Feb 24, 2022 |
| Cash and equivalents | $193.5M | $382.9M | – | – | – |
| Accounts receivable | $2.21B | $2.43B | $2.74B | $3.29B | $2.36B |
| Inventory | $454.2M | $513.5M | $664.6M | $779.9M | $477.9M |
| Total current assets | $3.50B | $3.96B | $4.50B | $5.24B | $4.02B |
| Property, plant and equipment | $348.4M | $513.3M | $515.3M | $484.2M | $348.9M |
| Goodwill | $737.5M | $1.18B | $1.24B | $1.23B | $861.9M |
| Intangible assets | $311.7M | $261.2M | $299.7M | $336.2M | $189.1M |
| Total assets | $5.86B | $6.73B | $7.38B | $8.16B | $5.94B |
| Accounts payable | $2.59B | $2.73B | $3.10B | $3.53B | $2.40B |
| Total current liabilities | $3.31B | $3.44B | $4.05B | $4.61B | $3.10B |
| Total liabilities | $4.56B | $4.78B | $5.43B | $6.17B | $4.03B |
| Shareholders' equity | $1.31B | $1.96B | $1.95B | $1.99B | $1.92B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 19, 2026 | Feb 20, 2025 | Feb 22, 2024 | Feb 23, 2023 | Feb 24, 2022 |
| Operating cash flow | $292.9M | $259.9M | $271.3M | $138.5M | $173.2M |
| Capital expenditures | $65.6M | $68.2M | $87.6M | $78.6M | $39.2M |
| Free cash flow | $227.3M | $191.7M | $183.7M | $59.9M | $134.0M |
| Depreciation and amortization | $98.2M | $106.4M | $104.5M | $107.8M | $81.0M |
| Stock-based compensation | $25.5M | $28.1M | $24.2M | $17.6M | $19.6M |
| Dividends paid | $41.3M | $38.5M | $34.0M | $31.0M | $28.7M |
| Share buybacks | $85.0M | $100.0M | $60.1M | $48.7M | $50.5M |
| Investing cash flow | -$170.0M | $64.5M | -$101.1M | -$724.9M | -$58.3M |
| Financing cash flow | -$315.1M | -$230.6M | -$152.4M | $237.3M | -$113.6M |
| Net change in cash | -$189.4M | $78.7M | $5.90M | -$353.8M | -$6.60M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 0.1% | 0.1% | 0.1% | 0.0% | 0.1% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Oct 23, 2026 | 51.2M | −7.9% | SEC |
| Jul 17, 2026 | 51.2M | −7.9% | SEC |
| Apr 17, 2026 | 51.4M | −9.3% | SEC |
| Feb 13, 2026 | 51.3M | −9.6% | SEC |
| Oct 17, 2025 | 55.6M | −4.3% | SEC |
| Jul 25, 2025 | 55.5M | −6.0% | SEC |
| Apr 18, 2025 | 56.6M | −5.5% | SEC |
| Feb 21, 2025 | 56.7M | −5.2% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.