MARKETS / NYSE / WKC

NYSE · WHOLESALE-PETROLEUM & PETROLEUM PRODUCTS (NO BULK STATIONS) · LARGE CAP

World Kinect Corp. WKC

18 fiscal years on record · USD · FY2025 reported · SEC filings only

7 YEARS OF DIVIDEND GROWTH

Revenue

$36.9B

▼ 12.5% YoY

Net income

$-614.4M

▼ 1011.6% YoY

Free cash flow

$227.3M

▲ 18.6% YoY

In brief

What this company does

World Kinect offers fulfillment and related services to customers across the aviation, marine and land transportation sectors. It conducts its operations through numerous locations within the United States and throughout various foreign jurisdictions. Those three sectors are its reportable segments, in each of which it offers fuel and related products and services. In aviation it supplies fuel and service solutions to commercial, international and regional airlines, cargo carriers, airports, fixed-based operators, corporate fleets, and charter and fractional operators, with service offerings that include fuel management, ground handling, dispatch and trip support. In the land segment it sells liquid fuels, natural gas and related products and services to commercial, industrial and government customers, as well as to retail fuel outlets under long-term contracts. There it typically serves as a reseller, buying fuel from a supplier and reselling it through contract and spot sales and through its cardlock network, primarily throughout North America. In marine it markets fuel, lubricants and related products and services to container, dry bulk and tanker fleets, cruise lines, yachts and time-charter operators, governments and other fuel suppliers. World Kinect Corporation was incorporated in Florida in July 1984.

Written from the business description in WORLD KINECT CORP's annual report to the U.S. Securities and Exchange Commission, filed 24 February 2026. Every sentence was checked against that document before publication.

Growth

USD 36.9B

Revenue, FY2025 · full 18-year series below

Revenue $B Net income $B

FY2025 · Revenue 36.9 · Net income -0.6

Compound annual growth

Revenue

−14.5%

+12.6%

+2.0%

+4.5%

Dividend / share

+14.0%

+12.4%

+11.5%

Returned to shareholders

+16.6%

+6.1%

+3.9%

+19.3%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at +12.6% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−2 cents

lost on every revenue dollar

Operating margin Net margin

FY2025 · Operating -1.5% · Net -1.7%

ROE

FY2025 · ROE -37.8%

Gross margin2.6%

Operating margin-1.5%

Net margin-1.7%

Return on assets-9.7%

EBITDAUSD -466.5M

Each USD of equity lost 38 cents this year.

Cash & shareholders

USD 126.3M

returned in FY2025 · dividends + net buybacks

Free cash flow $M

FY2025 · FCF 227.3

Net buybacks $M Dividends $M

FY2025 · Dividends 41.3 · Net buybacks 85.0

Dividends paidUSD 41.3M

Net buybacksUSD 85.0M

Share of profit-20.6%

Consecutive raises7 years

USD 41.3M in dividends and USD 85.0M in buybacks went back to shareholders in a year without profit.

Total assetsUSD 5.9B

EquityUSD 1.3B

CashUSD 193.5M

Gross debtUSD 685.2M

Net debtUSD 491.7M

Current ratio1.06×

Net debt stands at 38% of equity.

The 18-year record

18 fiscal years

Every figure from documents filed with the SEC · USD

row low → row highnegative

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Revenue $B	36.9	42.2	47.7	59.0	31.3	20.4	36.8	39.8	33.7	27.0	30.4	43.4	41.6	38.9	34.6	19.1	11.3	18.5
Operating income $B	−0.6	0.2	0.2	0.3	0.1	0.1	0.3	0.3	0.0	0.2	0.2	0.3	0.3	0.3	0.3	0.2	0.2	0.2
EBITDA $B	−0.5	0.3	0.3	0.4	0.2	0.2	0.4	0.3	0.1	0.2	0.3	0.3	0.3	0.3	0.3	0.2	0.2	·
Income tax $B	−0.1	0.0	0.0	0.0	0.0	0.1	0.1	0.1	0.1	0.0	0.0	0.1	0.0	0.0	0.0	0.0	0.0	0.0
Net income $B	−0.6	0.1	0.1	0.1	0.1	0.1	0.2	0.1	−0.2	0.1	0.2	0.2	0.2	0.2	0.2	0.1	0.1	0.1
Free cash flow $B	0.2	0.2	0.2	0.1	0.1	0.6	0.1	−0.3	−0.2	0.0	0.4	0.1	0.2	0.1	−0.2	−0.0	0.1	0.4
EPS, diluted $	−10.99	1.13	0.86	1.82	1.16	1.71	2.69	1.89	−2.50	1.81	2.47	3.15	2.83	2.64	2.71	2.31	1.96	1.80
Dividend / sh $	0.77	0.68	0.56	0.52	0.48	0.40	0.36	0.24	0.24	0.24	0.24	0.15	0.15	0.15	0.15	0.15	0.15	·
Payout %	−7	57	64	27	39	23	12	13	−10	13	9	5	5	5	5	6	7	4
ROE %	−37.8	3.5	2.7	5.9	3.9	5.8	9.7	7.2	−9.3	6.6	9.3	12.5	13.0	14.1	16.2	15.8	16.0	·
Shares out B	0.05	0.06	0.06	0.06	0.06	0.06	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.06	·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Compare

This company against its peers

World Kinect Corp.vsSysco Corp.Same industry: Wholesale-Petroleum & Petroleum Products (No Bulk Stations)World Kinect Corp.vsPerformance Food Group Co.Same industry: Wholesale-Petroleum & Petroleum Products (No Bulk Stations)World Kinect Corp.vsUS Foods Holding Corp.Same industry: Wholesale-Petroleum & Petroleum Products (No Bulk Stations)World Kinect Corp.vsUnited Natural Foods Inc.Same industry: Wholesale-Petroleum & Petroleum Products (No Bulk Stations)World Kinect Corp.vsGlobal Partners LPSame industry: Wholesale-Petroleum & Petroleum Products (No Bulk Stations)World Kinect Corp.vsAndersons, Inc.Same industry: Wholesale-Petroleum & Petroleum Products (No Bulk Stations)World Kinect Corp.vsSeaboard Corp.Same industry: Wholesale-Petroleum & Petroleum Products (No Bulk Stations)

Provenance

Company facts, as filed

How we verify · 0 failures in 88 reconciliationsAUDITED

Reconciled in 18 of 19 fiscal years. 7 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures

ActivityWholesale-Petroleum & Petroleum Products (No Bulk Stations)

Listed onNYSE

Incorporated inFlorida

Fiscal year endsDecember 31

Data on record since2008