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NYSE · Industrials

WORLD KINECT CORP (WKC)

As-reported financials and SEC filings for WORLD KINECT CORP. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About WORLD KINECT CORP

World Kinect Corporation is a global energy management company that provides fuel and related services to customers in the aviation, marine, and land transportation sectors. The company supplies aviation fuel and services to airlines, airports, and government customers worldwide, sells liquid fuels and natural gas to commercial and industrial clients primarily in North America, and markets marine fuel and lubricants to shipping fleets and cruise lines. World Kinect operates through multiple locations globally and focuses on fuel resales, supply chain management, and sustainability-related products.

Snapshot

Revenue
$36.92B
Revenue growth (YoY)
-12.5%
Net income
$-614.4M
Diluted EPS
$-10.99
Gross margin
2.6%
Operating margin
-1.5%
Net margin
-1.7%
FCF margin
0.6%
ROE
-47.0%
net income / fiscal-year-end equity
P/E
trailing when available, otherwise FY EPS
Market cap
$1.83B
Long-term debt / equity
0.52×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at World Kinect

  • Revenue fell 12.5% to $36.9B in FY2025, after a 11.6% decline the year before.
  • Operating margin is now a 1.5% loss in FY2025, from 0.5% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $13.6B, up 50.3% from Q2 FY2025.
  • Free cash flow was $227M in FY2025, 0.6% of revenue.
  • Net income turned to a $614M loss in FY2025, from a $67M profit in FY2024.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where World Kinect’s fundamentals sit among the 684 Industrials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin2.6%
5th percentile of 466
Operating margin-1.5%
26th percentile of 605
Net margin-1.7%
26th percentile of 645
FCF margin0.6%
32nd percentile of 562
Revenue growth (YoY)-12.5%
12th percentile of 668
ROE-47.0%
10th percentile of 600
Long-term debt / equity0.52×
53rd percentile of 409
Short interest7.09d
89th percentile of 676

World Kinect’s gross margin of 2.6% ranks in the 5th percentile of the 466 Industrials companies reporting it. World Kinect’s return on equity of -47.0% ranks in the 10th percentile of the 600 Industrials companies reporting it. World Kinect’s revenue growth of -12.5% ranks in the 12th percentile of the 668 Industrials companies reporting it.

No reported insider purchases (code P) in the last 90 days; 8 insider sales totaling $4.2M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 6 quant / multi-strat books among the superinvestors we track; no conviction manager currently reports a position.

Conviction investors
0
+6 quant / multi-strat
Initiated / added
5
0 new, 5 added
Reduced / exited
3
1 trimmed, 2 exited
Combined position
$113.7M
reported long value
InvestorAs ofPosition valueSharesChange
AQR Capital ManagementquantQ2 2026$45.5M1.4MAdded
Two Sigma InvestmentsquantQ2 2026$28.4M861.1KAdded
Millennium ManagementquantQ2 2026$15.3M464.5KReduced
Citadel AdvisorsquantQ2 2026$11.8M358.9KAdded
D. E. ShawquantQ2 2026$10.9M332.2KAdded
Renaissance TechnologiesquantQ2 2026$1.7M52.9KAdded

No longer held by: Gotham Asset Management (as of Q2 2026), Point72 Asset Management (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
8
$4.2M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-13
filed 2026-08-17
Tejada Jose-MiguelEVP, Chief Financial OfficerSell6.0K$37.16$223K
2026-08-03
filed 2026-08-05
KASBAR MICHAEL JExecutive ChairmanSell10.0K$39.41$394K
2026-07-29
filed 2026-07-31
STEBBINS PAUL HDirectorSell33.4K$39.93$1.3M
2026-07-29
filed 2026-07-31
Manley John LDirectorSell10.0K$39.88$399K
2026-07-10
filed 2026-07-14
KASBAR MICHAEL JExecutive ChairmanSell25.0K$35.04$876K
2026-07-02
filed 2026-07-07
KASBAR MICHAEL JExecutive ChairmanSell10.0K$33.38$334K
2026-06-08
filed 2026-06-09
KASBAR MICHAEL JExecutive ChairmanSell19.3K$30.17$582K
2026-06-05
filed 2026-06-09
KASBAR MICHAEL JExecutive ChairmanSell700$30.00$21K
2026-06-02
filed 2026-06-04
KASBAR MICHAEL JExecutive ChairmanSell10.0K$29.15$292K
2026-05-11
filed 2026-05-12
KASSAR RICHARD ADirectorSell10.0K$26.97$270K
2026-05-05
filed 2026-05-07
STEBBINS PAUL HDirectorSell20.8K$27.69$577K
2026-05-05
filed 2026-05-06
KASBAR MICHAEL JExecutive ChairmanSell500$27.50$14K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
7.8M
settled 2026-08-14
Change vs prior
+16.4%
vs previous settlement
Days to cover
7.09
at avg daily volume
Avg daily volume
1.1M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-147.8M+16.4%7.09
2026-07-316.7M+3.2%3.85
2026-07-156.5M-3.7%6.90
2026-06-306.7M+9.8%4.69
2026-06-156.1M-4.6%8.18
2026-05-296.4M+4.3%8.25
2026-05-156.2M-1.7%8.07
2026-04-306.3M+5.6%5.78

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$36.92B$42.17B$47.71B$59.04B$31.34B
Gross profit$947.8M$1.03B$1.06B$1.09B$788.2M
Operating income$-564.7M$210.6M$198.0M$273.2M$142.6M
Net income$-614.4M$67.4M$52.9M$114.1M$73.7M
Diluted EPS$-10.99$1.13$0.86$1.82$1.16

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$193.5M$382.9M$304.3M$298.4M$652.2M
Current assets$3.50B$3.96B$4.50B$5.24B$4.02B
Total assets$5.86B$6.73B$7.38B$8.16B$5.94B
Current liabilities$3.31B$3.44B$4.05B$4.61B$3.10B
Long-term debt$685.2M$796.8M$809.1M$829.9M$478.1M
Total liabilities$4.56B$4.78B$5.43B$6.17B$4.03B
Total equity$1.31B$1.96B$1.95B$1.99B$1.92B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$292.9M$259.9M$271.3M$138.5M$173.2M
Capital expenditure$65.6M$68.2M$87.6M$78.6M$39.2M
Free cash flow$227.3M$191.7M$183.7M$59.9M$134.0M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$13.59B50.3%$48.4M$0.94
Q1 FY2026$9.69B2.5%$26.2M$0.50
Q4 FY2025$9.03B-7.5%$-279.7M$-5.08
Q3 FY2025$9.39B-10.5%$25.7M$0.46
Q2 FY2025$9.04B-17.5%$-339.4M$-6.06
Q1 FY2025$9.45B-13.7%$-21.1M$-0.37
Q4 FY2024$9.76B-18.7%$-101.8M$-1.75
Q3 FY2024$10.49B-14.3%$33.5M$0.57

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorIndustrials
SIC industryWholesale-Petroleum & Petroleum Products (No Bulk Stations)
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2010
SEC CIK789460

Selected SEC filings

10-Q2026-07-24
View on EDGAR →
10-Q2026-04-24
View on EDGAR →
8-K2026-07-23
View on EDGAR →
8-K2026-07-02
View on EDGAR →
8-K2026-04-23
View on EDGAR →

Largest Industrials peers

All Industrials companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.