Security
WKC · WORLD KINECT CORP
WKCNYSECommon stockCurrentCIK 789460Updated Sep 26, 2026
Name history
WORLD FUEL SERVICES CORP · through Jun 7, 2023INTERNATIONAL RECOVERY CORP · through Feb 8, 1995
WKC price & chart
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NYSE:WKC on TradingView ↗About the company
Headquartered in Miami, Florida, World Kinect Corporation (NYSE: WKC) is a global energy management company offering fulfillment and related services to customers across the aviation, marine, and land-based transportation sectors. The company also supplies natural gas and power in the United States and Europe along with a broad suite of sustainability-related products and services.
In the news
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Recent filings
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Regulation FD Disclosure
Items 5.02, 7.01, 9.01
4 filing
144 filing
144 filing
144 filing
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 5,863,900,000Source | 6,731,800,000Source | 7,375,300,000Source | 8,164,600,000Source |
| Property, Plant and Equipment, NetUSD | 348,400,000Source | 513,300,000Source | 515,300,000Source | 484,200,000Source |
| GoodwillUSD | 737,500,000Source | 1,181,700,000Source | 1,238,000,000Source | 1,233,000,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 311,700,000Source | 261,200,000Source | 299,700,000Source | 336,200,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 193,500,000Source | 382,900,000Source | — | — |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 2,208,500,000Source | 2,432,600,000Source | 2,735,500,000Source | 3,294,100,000Source |
| Inventory, NetUSD | 454,200,000Source | 513,500,000Source | 664,600,000Source | 779,900,000Source |
| Assets, CurrentUSD | 3,500,500,000Source | 3,959,200,000Source | 4,503,800,000Source | 5,238,100,000Source |
| Operating Lease, Right-of-Use AssetUSD | 156,200,000Source | 172,500,000Source | 180,500,000Source | 188,500,000Source |
| Other Assets, NoncurrentUSD | 965,900,000Source | 816,400,000Source | — | — |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 4,556,100,000Source | 4,775,800,000Source | 5,425,700,000Source | 6,173,800,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 500,000Source | 600,000Source | 600,000Source | 600,000Source |
| Retained Earnings (Accumulated Deficit)USD | 1,315,900,000Source | 2,009,200,000Source | 1,981,600,000Source | 1,962,500,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -17,300,000Source | -91,000,000Source | -148,900,000Source | -160,600,000Source |
| Stockholders' Equity Attributable to ParentUSD | 1,299,100,000Source | 1,948,700,000Source | 1,943,000,000Source | 1,984,900,000Source |
| Additional Paid in Capital, Common StockUSD | 0Source | 30,000,000Source | 109,600,000Source | 182,400,000Source |
| Liabilities and EquityUSD | 5,863,900,000Source | 6,731,800,000Source | 7,375,300,000Source | 8,164,600,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 3,310,400,000Source | 3,437,800,000Source | 4,049,700,000Source | 4,608,600,000Source |
| Operating Lease, Liability, CurrentUSD | 28,200,000Source | 32,100,000Source | 32,200,000Source | 35,900,000Source |
| Accounts Payable, CurrentUSD | 2,586,900,000Source | 2,726,500,000Source | 3,097,600,000Source | 3,529,500,000Source |
| Operating Lease, Liability, NoncurrentUSD | 132,700,000Source | 144,100,000Source | 157,900,000Source | 164,200,000Source |
| Other Liabilities, NoncurrentUSD | 560,400,000Source | 541,200,000Source | 566,900,000Source | 522,500,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 8,800,000Source | 7,200,000Source | 6,700,000Source | 5,900,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 658,900,000Source | 535,800,000Source | 745,000,000Source | 469,300,000Source |
| Deferred Tax Liabilities, NetUSD | 0Source | 0Source | 0Source | 9,900,000Source |
| Dividends PayableUSD | 10,700,000Source | 9,700,000Source | — | — |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -611,700,000Source | 67,900,000Source | 53,700,000Source | 115,900,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 98,200,000Source | 106,400,000Source | 104,500,000Source | 107,800,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 25,500,000Source | 28,100,000Source | 24,200,000Source | 17,600,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -106,400,000Source | -259,100,000Source | -569,200,000Source | 870,700,000Source |
| Increase (Decrease) in InventoriesUSD | -1,000,000Source | -133,000,000Source | -186,800,000Source | 252,100,000Source |
| Increase (Decrease) in Accounts PayableUSD | -32,600,000Source | -355,900,000Source | -441,900,000Source | 1,060,700,000Source |
| Deferred Income Tax Expense (Benefit)USD | -176,400,000Source | -15,300,000Source | -30,700,000Source | -18,500,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 292,900,000Source | 259,900,000Source | 271,300,000Source | 138,500,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 153,600,000Source | 40,000,000Source | 13,700,000Source | 643,900,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -170,000,000Source | 64,500,000Source | -101,100,000Source | -724,900,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | -25,900,000Source | 36,300,000Source | 9,100,000Source | 2,500,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 65,600,000Source | 68,200,000Source | 87,600,000Source | 78,600,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | 85,000,000Source | 100,000,000Source | 60,100,000Source | 48,700,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -315,100,000Source | -230,600,000Source | -152,400,000Source | 237,300,000Source |
| Payments of Ordinary Dividends, Common StockUSD | 41,300,000Source | 38,500,000Source | 34,000,000Source | 31,000,000Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | -9,900,000Source | -8,000,000Source | -12,200,000Source | -16,600,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -189,400,000Source | 78,700,000Source | 5,900,000Source | -353,800,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 193,500,000Source | 382,900,000Source | 304,300,000Source | 298,400,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 105,800,000Source | 113,600,000Source | 130,400,000Source | 113,400,000Source |
| Income Taxes Paid, NetUSD | 97,000,000Source | 60,600,000Source | 61,300,000Source | 66,600,000Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | -15,200,000Source | -12,000,000Source | -4,700,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 34,600,000Source | 34,100,000Source | 36,200,000Source | 43,400,000Source |
| Capitalized Computer Software, AmortizationUSD | 20,600,000Source | 23,200,000Source | 25,400,000Source | 21,000,000Source |
| DepreciationUSD | 63,600,000Source | 72,300,000Source | 68,300,000Source | 64,400,000Source |
| Disposal Group, Not Discontinued Operation, Gain (Loss) on DisposalUSD | -81,900,000Source | -15,200,000Source | — | — |
| Dividends PayableUSD | 10,700,000Source | 9,700,000Source | — | — |
| Equity Method Investment, Other than Temporary ImpairmentUSD | — | — | 14,100,000Source | — |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual AmountUSD | 5,400,000Source | — | — | — |
| Foreign Currency Transaction Gain (Loss), UnrealizedUSD | -14,400,000Source | -30,600,000Source | 16,500,000Source | -21,700,000Source |
| Gain (Loss) on Disposition of BusinessUSD | — | — | — | -7,700,000Source |
| Gain (Loss) Related to Litigation SettlementUSD | — | — | — | -6,500,000Source |
| General and Administrative ExpenseUSD | 282,500,000Source | 297,100,000Source | 308,000,000Source | 308,700,000Source |
| GoodwillUSD | 737,500,000Source | 1,181,700,000Source | 1,238,000,000Source | 1,233,000,000Source |
| Goodwill, Impairment LossUSD | 528,300,000Source | — | — | — |
| Income Tax Expense (Benefit)USD | -127,900,000Source | 27,600,000Source | 13,000,000Source | 29,200,000Source |
| Investment Income, InterestUSD | — | — | 7,800,000Source | 6,800,000Source |
| Net Income (Loss) Attributable to ParentUSD | -614,400,000Source | 67,400,000Source | 52,900,000Source | 114,100,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 2,700,000Source | 500,000Source | 800,000Source | 1,700,000Source |
| Nonoperating Income (Expense)USD | -174,900,000Source | -115,100,000Source | -131,300,000Source | -128,100,000Source |
| Operating ExpensesUSD | 1,512,500,000Source | 815,700,000Source | 860,200,000Source | 815,800,000Source |
| Operating Lease, ExpenseUSD | — | — | 34,700,000Source | — |
| Other Nonoperating Income (Expense)USD | -74,300,000Source | -12,900,000Source | -3,600,000Source | -17,500,000Source |
| Unrealized Gain (Loss) on DerivativesUSD | -28,300,000Source | -24,900,000Source | 267,500,000Source | -179,900,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 36,916,600,000Source | 42,168,000,000Source | 47,710,600,000Source | 59,043,100,000Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Operating Income (Loss)USD | -564,700,000Source | 210,600,000Source | 198,000,000Source | 273,200,000Source |
| Other Nonoperating Income (Expense)USD | -74,300,000Source | -12,900,000Source | -3,600,000Source | -17,500,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -739,700,000Source | 95,500,000Source | 66,700,000Source | 145,100,000Source |
| Income Tax Expense (Benefit)USD | -127,900,000Source | 27,600,000Source | 13,000,000Source | 29,200,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 2,700,000Source | 500,000Source | 800,000Source | 1,700,000Source |
| Net Income (Loss) Attributable to ParentUSD | -614,400,000Source | 67,400,000Source | 52,900,000Source | 114,100,000Source |
| Earnings Per Share, BasicUSD per share | -10.99Source | 1.14Source | 0.86Source | 1.83Source |
| Earnings Per Share, DilutedUSD per share | -10.99Source | 1.13Source | 0.86Source | 1.82Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 55,900,000Source | 59,000,000Source | 61,400,000Source | 62,300,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 55,900,000Source | 59,500,000Source | 61,700,000Source | 62,700,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 34,600,000Source | 34,100,000Source | 36,200,000Source | 43,400,000Source |
| Capitalized Computer Software, AmortizationUSD | 20,600,000Source | 23,200,000Source | 25,400,000Source | 21,000,000Source |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | 0.77Source | 0.68Source | 0.56Source | 0.52Source |
| Current Income Tax Expense (Benefit)USD | 47,400,000Source | 50,200,000Source | 34,800,000Source | 49,200,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | — | — | 104,500,000Source | 107,800,000Source |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual AmountUSD | 5,400,000Source | — | — | — |
| Gain (Loss) Related to Litigation SettlementUSD | — | — | — | -6,500,000Source |
| General and Administrative ExpenseUSD | 282,500,000Source | 297,100,000Source | 308,000,000Source | 308,700,000Source |
| Goodwill, Impairment LossUSD | 528,300,000Source | — | — | — |
| Gross ProfitUSD | 947,800,000Source | 1,026,400,000Source | 1,058,200,000Source | 1,089,100,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -609,900,000Source | -20,500,000Source | -34,800,000Source | -90,300,000Source |
| Interest ExpenseUSD | 112,000,000Source | 116,000,000Source | 135,500,000Source | 117,400,000Source |
| Interest Income (Expense), Nonoperating, NetUSD | -100,600,000Source | -102,200,000Source | — | — |
| Interest Income, OtherUSD | 11,400,000Source | 13,800,000Source | — | — |
| Investment Income, InterestUSD | — | — | 7,800,000Source | 6,800,000Source |
| Labor and Related ExpenseUSD | 437,400,000Source | 482,500,000Source | 512,300,000Source | 507,400,000Source |
| Nonoperating Income (Expense)USD | -174,900,000Source | -115,100,000Source | -131,300,000Source | -128,100,000Source |
| Operating ExpensesUSD | 1,512,500,000Source | 815,700,000Source | 860,200,000Source | 815,800,000Source |
| Operating Lease, ExpenseUSD | — | — | 34,700,000Source | — |
Filing attachments
d809353dex991.htm · 8-K · 2025-11-13
EX-99.1 3 d809353dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Nov 11, 2025 4:15 PM Eastern Standard Time World Kinect Corporation Extends $2 Billion Credit Facility to 2030 MIAMI - (BUSINESS WIRE) - World Kinect Corporation (NYSE: WKC) today announced the amendment and extension of its $2 billion senior unsecured credit facility, which includes both a revolving credit facility and a term loan. The maturity date has been extended to November 2030, with an option to further extend to November 2…
Read attachment ↗d23429dex991.htm · 8-K · 2025-10-28
EX-99.1 3 d23429dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 World Kinect Corporation Names Andrea Smith to the Board of Directors October 22, 2025 - MIAMI - World Kinect Corporation (NYSE: WKC) today announced the appointment of Andrea B. Smith to the Board of Directors of the company, effective October 24, 2025. “We are delighted to have Andrea join our Board of Directors,” said Michael J. Kasbar, Chairman and Chief Executive Officer. “She is an accomplished financial services executive who…
Read attachment ↗d23429dex992.htm · 8-K · 2025-10-28
EX-99.2 4 d23429dex992.htm EX-99.2 EX-99.2 Exhibit 99.2 World Kinect Corporation Appoints Ira M. Birns as Chief Executive Officer and Member of the Board of Directors Chairman & CEO Michael Kasbar to Transition to Executive Chairman John Rau Promoted to President Jose-Miguel (Mike) Tejada Appointed Executive Vice President and Chief Financial Officer Miami, Florida - Oct 23, 2025 - World Kinect Corporation (NYSE: WKC), a global energy management, logistics and solutions company, toda…
Read attachment ↗d937777dex991.htm · 8-K · 2025-07-23
EX-99.1 2 d937777dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 World Kinect Corporation Names Greg Piper to the Board of Directors July 18, 2025 - MIAMI - World Kinect Corporation (NYSE: WKC) today announced the appointment of Greg Piper to the Board of Directors of the company. “We are delighted to have Greg join our Board of Directors,” said Michael J. Kasbar, chairman and chief executive officer. “He is an accomplished energy and commodities executive who brings a wealth of operational and …
Read attachment ↗d800759dex991.htm · 8-K · 2025-04-29
EX-99.1 2 d800759dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 World Kinect Corporation Announces Promotion of Ira M. Birns to President and John P. Rau to Chief Operating Officer April 25, 2025 - MIAMI - World Kinect Corporation (NYSE: WKC) announced today that Ira M. Birns, currently EVP and Chief Financial Officer, has been promoted to President and will continue in his CFO role, and that John P. Rau, currently EVP of Global Aviation, Land and Marine, has been promoted to Chief Operating Off…
Read attachment ↗d800450dex991.htm · 8-K · 2025-04-25
EX-99.1 2 d800450dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 World Kinect Corporation Names Jeffrey M. Kottkamp to the Board of Directors April 23, 2025 - MIAMI - World Kinect Corporation (NYSE: WKC) today announced the appointment of Jeffrey M. Kottkamp to the Board of Directors of the company. “We are delighted to have Jeff join our Board of Directors,” said Michael J. Kasbar, chairman and chief executive officer. “He is an accomplished audit and financial services executive who brings a w…
Read attachment ↗