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World Kinect Corporation

INT US

INT USWorld Kinect Corporation

United States Composite

24.67

USD

-0.20

(-0.80%)

0.86EPS Dil.

28.65P/E

1.48BMarket Cap

2.25%Div. Yield

Next Earnings

April 25

Ex-Dividend Date

March 22

Dividend Date

April 16

Held by Insiders

3.45%

Held by Institutions

107.22%

Short % of Float

8.93%

YTD Yield

5.43%

3Y Yield

-28.80%

5Y Yield

-19.09%

Capital Structure

FRC

•

in mil. unless spec.

Jun'23

Sep'23

Dec'23

ST Debt

LT Borrowings

816

812

809

LT Finance Leases

- -

Preferred Equity and Hybrid Capital

- -

Shares Outstanding

Market Capitalization

1,245

1,350

1,362

Working Capital

FRC

•

in mil. unless spec.

Jun'23

Sep'23

Dec'23

Total Current Assets

4,045

4,591

4,504

Cash, Cash Equivalents & STI

294

336

304

Accounts Receivable, Net

2,473

2,882

2,736

Inventories

553

654

665

Total Current Liabilities

3,572

4,114

4,050

Payables & Accruals

3,298

3,901

3,843

ST Debt

Deferred Revenue

- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years

5 years

1 year

Sales/Revenue/Turnover

7.71%

14.21%

-19.19%

Net Income, GAAP

-47.89%

-6.18%

-53.51%

Free Cash Flow

-100.76%

38.26%

206.67%

Total Cash Common Dividend

12.70%

16.63%

9.68%

Total Equity

1.65%

1.28%

-2.06%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

2021

5,958

7,086

8,351

9,943

31,337

2022

12,382

17,122

15,661

13,878

59,043

2023

12,482

10,981

12,245

12,003

47,711

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

2021

0.30

0.28

0.34

0.25

1.17

2022

0.41

0.39

0.69

0.34

1.83

2023

0.37

0.48

0.58

-0.58

0.86

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

2021

0.10

0.12

0.46

2022

0.12

0.14

0.50

2023

0.14

0.55

Company Description

CEO: Mr. Michael J. Kasbar
Full Time Employees: 5,289
Sector: Energy
Industry: Oil & Gas Refining & Marketing
Address: 9800 N.W 41st Street Miami FL United States 33178
IPO Date: Aug 28, 1986
CIK: 0000789460
Website: worldkinect.com
Business: World Kinect Corporation operates as an energy management company in the United States, the Americas, Europe, the Middle East, Africa, and the Asia Pacific. This segment also offers fuel management, price risk management, ground handling, dispatch services, and trip planning services, such as flight planning and scheduling, weather reports and overflight permits; payment and processing services; and operates a web-based marketplace platform. The Land segment offers fuel, lubricants, heating oil, and related products and services to retail petroleum operators, as well as industrial, commercial, residential and government customers. This segment also provides sustainability solutions, such as renewable fuel products, carbon management, and renewable energy solutions; distributes fuel under long-term contracts to branded and unbranded distributors, convenience stores, and retail fuel outlets operated by third parties; distributes heating oil and unbranded fuel; and transportation logistics. The Marine segment markets fuel, lubricants, and related products and services to international container, dry bulk and tanker fleets, commercial cruise lines, yachts and time charter operators, offshore rig owners and operators, the U.S. and foreign governments, and other fuel suppliers. This segment also offers marine fuel-related services include management services to procurement of fuel, price risk management, cost control, quality control, and claims management services; and engages in the fueling of vessels, and transportation and delivery of fuel and fuel-related products. The company was formerly known as World Fuel Services Corporation and changed its name to World Kinect Corporation in June 2023. World Kinect Corporation was incorporated in 1984 and is headquartered in Miami, Florida.

Company News

GuruFocus.com
9 days ago
Insider Sale: Director Ken Bakshi Sells Shares of World Kinect Corp (WKC)
Zacks
10 days ago
Should Invesco S&P SmallCap 600 Revenue ETF (RWJ) Be on Your Investing Radar?
GuruFocus.com
16 days ago
World Kinect Corporation Completes Sale of the Avinode Group and Portfolio of Aviation Software Products
Yahoo Finance
16 days ago
World Kinect Corporation Completes Sale of the Avinode Group and Portfolio of Aviation Software Products
Yahoo
19 days ago
World Kinect First Quarter 2024 Earnings: Misses Expectations
Yahoo Finance
19 days ago
World Kinect First Quarter 2024 Earnings: Misses Expectations
Seekingalpha
21 days ago
SLCA, SOI among major energy gainers; OIS, TS among major losers
seekingalpha
21 days ago
SLCA, SOI among major energy gainers; OIS, TS among major losers
GuruFocus.com
21 days ago
World Kinect Corp (WKC) Q1 2024 Earnings Call Transcript Highlights: Key Financial Metrics and Strategic Insights
GuruFocus.com
21 days ago
Q1 2024 World Kinect Corporation Earnings Call Transcript
Zacks
22 days ago
World Kinect (WKC) Lags Q1 Earnings and Revenue Estimates
GuruFocus.com
22 days ago
World Kinect Corp Reports Q1 2024 Earnings: A Comparative Analysis with Analyst Expectations
Yahoo
22 days ago
World Kinect Corporation Reports First Quarter 2024 Results
Yahoo Finance
22 days ago
World Kinect Corporation Reports First Quarter 2024 Results
Zacks
24 days ago
WKC vs. ORA: Which Stock Is the Better Value Option?
Yahoo
a month ago
World Kinect (WKC) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Zacks
a month ago
World Kinect (WKC) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Yahoo Finance
a month ago
World Kinect (WKC) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Zacks
a month ago
World Kinect (WKC) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Yahoo
2 months ago
World Kinect Corporation to Host First Quarter 2024 Earnings Conference Call on April 25, 2024

Company Description

CEO: Mr. Michael J. Kasbar
Full Time Employees: 5,289
Sector: Energy
Industry: Oil & Gas Refining & Marketing
Address: 9800 N.W 41st Street Miami FL United States 33178
IPO Date: Aug 28, 1986
CIK: 0000789460
Website: worldkinect.com
Business: World Kinect Corporation operates as an energy management company in the United States, the Americas, Europe, the Middle East, Africa, and the Asia Pacific. This segment also offers fuel management, price risk management, ground handling, dispatch services, and trip planning services, such as flight planning and scheduling, weather reports and overflight permits; payment and processing services; and operates a web-based marketplace platform. The Land segment offers fuel, lubricants, heating oil, and related products and services to retail petroleum operators, as well as industrial, commercial, residential and government customers. This segment also provides sustainability solutions, such as renewable fuel products, carbon management, and renewable energy solutions; distributes fuel under long-term contracts to branded and unbranded distributors, convenience stores, and retail fuel outlets operated by third parties; distributes heating oil and unbranded fuel; and transportation logistics. The Marine segment markets fuel, lubricants, and related products and services to international container, dry bulk and tanker fleets, commercial cruise lines, yachts and time charter operators, offshore rig owners and operators, the U.S. and foreign governments, and other fuel suppliers. This segment also offers marine fuel-related services include management services to procurement of fuel, price risk management, cost control, quality control, and claims management services; and engages in the fueling of vessels, and transportation and delivery of fuel and fuel-related products. The company was formerly known as World Fuel Services Corporation and changed its name to World Kinect Corporation in June 2023. World Kinect Corporation was incorporated in 1984 and is headquartered in Miami, Florida.

Company News

GuruFocus.com
9 days ago
Insider Sale: Director Ken Bakshi Sells Shares of World Kinect Corp (WKC)
Zacks
10 days ago
Should Invesco S&P SmallCap 600 Revenue ETF (RWJ) Be on Your Investing Radar?
GuruFocus.com
16 days ago
World Kinect Corporation Completes Sale of the Avinode Group and Portfolio of Aviation Software Products
Yahoo Finance
16 days ago
World Kinect Corporation Completes Sale of the Avinode Group and Portfolio of Aviation Software Products
Yahoo
19 days ago
World Kinect First Quarter 2024 Earnings: Misses Expectations
Yahoo Finance
19 days ago
World Kinect First Quarter 2024 Earnings: Misses Expectations
Seekingalpha
21 days ago
SLCA, SOI among major energy gainers; OIS, TS among major losers
seekingalpha
21 days ago
SLCA, SOI among major energy gainers; OIS, TS among major losers
GuruFocus.com
21 days ago
World Kinect Corp (WKC) Q1 2024 Earnings Call Transcript Highlights: Key Financial Metrics and Strategic Insights
GuruFocus.com
21 days ago
Q1 2024 World Kinect Corporation Earnings Call Transcript
Zacks
22 days ago
World Kinect (WKC) Lags Q1 Earnings and Revenue Estimates
GuruFocus.com
22 days ago
World Kinect Corp Reports Q1 2024 Earnings: A Comparative Analysis with Analyst Expectations
Yahoo
22 days ago
World Kinect Corporation Reports First Quarter 2024 Results
Yahoo Finance
22 days ago
World Kinect Corporation Reports First Quarter 2024 Results
Zacks
24 days ago
WKC vs. ORA: Which Stock Is the Better Value Option?
Yahoo
a month ago
World Kinect (WKC) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Zacks
a month ago
World Kinect (WKC) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Yahoo Finance
a month ago
World Kinect (WKC) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Zacks
a month ago
World Kinect (WKC) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Yahoo
2 months ago
World Kinect Corporation to Host First Quarter 2024 Earnings Conference Call on April 25, 2024