← WORLD KINECT CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $27.0b |
$33.7b
+24.73%
|
$39.8b
+17.97%
|
$36.8b
-7.37%
|
$20.4b
-44.71%
|
$31.3b
+53.93%
|
$59.0b
+88.41%
|
$47.7b
-19.19%
|
$42.2b
-11.62%
|
$36.9b
-12.45%
|
$41.7b
+12.95%
|
|
| Cost of Goods and Services Sold | $26.1b |
$32.8b
+25.45%
|
$38.7b
+18.22%
|
$35.7b
-7.81%
|
$19.5b
-45.37%
|
$30.5b
+56.61%
|
$58.0b
+89.71%
|
$46.7b
-19.50%
|
$41.1b
-11.81%
|
$36.0b
-12.57%
|
$40.6b
+12.81%
|
|
| Cost of revenue | $26.1b |
$32.8b
+25.45%
|
$38.7b
+18.22%
|
$35.7b
-7.81%
|
$19.5b
-45.37%
|
$30.5b
+56.61%
|
$58.0b
+89.71%
|
$46.7b
-19.50%
|
$41.1b
-11.81%
|
$36.0b
-12.57%
|
$40.6b
+12.81%
|
|
| Gross Profit | $899.0m |
$932.2m
+3.69%
|
$1.0b
+9.26%
|
$1.1b
+9.18%
|
$851.8m
-23.40%
|
$788.2m
-7.47%
|
$1.1b
+38.18%
|
$1.1b
-2.84%
|
$1.0b
-3.01%
|
$947.8m
-7.66%
|
$1.1b
+18.31%
|
|
| General and Administrative Expense | $281.4m | $306.9m | $299.6m | $322.2m | $311.1m | $247.6m | $308.7m | $308.0m | $297.1m | $282.5m | $840.7m | |
| Labor and Related Expense | $413.3m | $428.2m | $442.1m | $470.4m | $366.9m | $386.7m | $507.4m | $512.3m | $482.5m | $437.4m | — | |
| Amortization of Intangible Assets | $39.7m | $41.9m | $35.9m | $32.9m | $33.1m | $30.1m | $43.4m | $36.2m | $34.1m | $34.6m | — | |
| Operating Lease, Expense | — | — | — | — | — | — | — | $34.7m | — | — | — | |
| Restructuring and Exit Activities Charges | $0 | $59.6m | $17.1m | $19.7m | $10.3m | $6.6m | ($800k) | $7.2m | $7.1m | $103.1m | — | |
| Operating Expenses | $710.1m | $886.6m | $758.8m | $812.3m | $714.0m | $645.6m | $815.8m | $860.2m | $815.7m | $1.5b | $840.7m | |
| Operating Income (Loss) | $188.9m |
$45.6m
-75.86%
|
$259.7m
+469.52%
|
$299.7m
+15.40%
|
$137.9m
-53.99%
|
$142.6m
+3.41%
|
$273.2m
+91.58%
|
$198.0m
-27.53%
|
$210.6m
+6.36%
|
($564.7m)
-368.14%
|
$280.6m
+149.69%
|
|
| Interest Expense | $43.7m | $66.3m | $74.8m | $80.0m | $48.6m | $47.2m | $117.4m | $135.5m | $116.0m | $112.0m | $118.0m | |
| Interest expense and other financing costs, net | ($39.2m) | ($60.3m) | ($71.0m) | ($73.9m) | ($44.9m) | ($40.2m) | ($110.6m) | ($127.7m) | ($102.2m) | ($100.6m) | $118.0m | |
| Interest Income, Other | — | — | — | — | — | — | — | — | $13.8m | $11.4m | $9.0m | |
| Investment Income, Interest | $4.5m | $6.0m | $3.9m | $6.2m | $3.6m | $7.0m | $6.8m | $7.8m | — | — | — | |
| Gain (Loss) Related to Litigation Settlement | — | — | — | — | — | — | ($6.5m) | — | — | — | — | |
| Nonoperating Income (Expense) | ($46.7m) | ($66.7m) | ($74.8m) | ($62.4m) | $23.9m | ($42.5m) | ($128.1m) | ($131.3m) | ($115.1m) | ($174.9m) | — | |
| Other Nonoperating Income (Expense) | ($7.5m) | ($6.4m) | ($3.8m) | $11.5m | $68.8m | ($2.3m) | ($17.5m) | ($3.6m) | ($12.9m) | ($74.3m) | — | |
| Other income (expense), net | ($7.5m) | ($6.4m) | ($3.8m) | $11.5m | $68.8m | ($2.3m) | ($17.5m) | ($3.6m) | ($12.9m) | ($74.3m) | ($336.2m) | |
| Interest Income (Expense), Nonoperating, Net | $46.7m | $66.7m | $74.8m | $62.4m | $23.9m | $42.5m | $128.1m | $131.3m | ($102.2m) | ($100.6m) | $9.0m | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | ($85.4m) | ($152.3m) | ($63.6m) | ($59.1m) | $51.2m | ($47.7m) | ($90.3m) | ($34.8m) | ($20.5m) | ($609.9m) | ($164.4m) | |
| Income (loss) before income taxes | $142.1m | ($21.1m) | $184.9m | $237.3m | $161.7m | $100.0m | $145.1m | $66.7m | $95.5m | ($739.7m) | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $126.4m | $170.3m | $129.0m | $181.1m | $109.6m | $100.0m | $145.1m | $66.7m | $95.5m | ($739.7m) | ($164.4m) | |
| Cash flow hedges, net of income tax expense (benefit) of ($0.3), ($3.5), and ($2.7) for 2025, 2024, and 2023, respectively | ($6.6m) | ($300k) | $21.0m | ($25.5m) | ($100k) | $9.6m | $21.6m | ($8.1m) | ($9.6m) | ($900k) | — | |
| Current Income Tax Expense (Benefit) | $38.7m | $134.4m | $52.9m | $33.5m | $55.6m | $28.2m | $49.2m | $34.8m | $50.2m | $47.4m | $11.7m | |
| Income Tax Expense (Benefit) | $15.7m | $149.2m | $55.9m | $56.2m | $52.1m | $25.8m | $29.2m | $13.0m | $27.6m | ($127.9m) | $11.7m | |
| Net Income (Loss) Attributable to Parent | $126.5m |
($170.2m)
-234.55%
|
$127.7m
+175.03%
|
$178.9m
+40.09%
|
$109.6m
-38.74%
|
$73.7m
-32.76%
|
$114.1m
+54.82%
|
$52.9m
-53.64%
|
$67.4m
+27.41%
|
($614.4m)
-1011.57%
|
($179.4m)
+70.80%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | $0 | ($100k) | $1.3m | $2.2m | $100k | $500k | $1.7m | $800k | $500k | $2.7m | ($179.4m) | |
| Net income (loss) including noncontrolling interest | $126.4m | ($170.3m) | $129.0m | $181.1m | $109.6m | $74.2m | $115.9m | $53.7m | $67.9m | ($611.7m) | ($179.4m) | |
| Earnings Per Share, Basic | $1.82 | ($2.50) | $1.89 | $2.71 | $1.72 | $1.17 | $1.83 | $0.86 | $1.14 | ($10.99) | ($3.16) | |
| Earnings Per Share, Diluted | $1.81 | ($2.50) | $1.89 | $2.69 | $1.71 | $1.16 | $1.82 | $0.86 | $1.13 | ($10.99) | ($3.17) | |
| Common Stock, Dividends, Per Share, Declared | $0.24 | $0.24 | $0.24 | $0.36 | $0.40 | $0.48 | $0.52 | $0.56 | $0.68 | $0.77 | — | |
| Basic weighted average common shares (in shares) | $69.3m | $68.1m | $67.4m | $66.1m | $63.7m | $62.9m | $62.3m | $61.4m | $59.0m | $55.9m | — | |
| Diluted weighted average common shares (in shares) | $69.8m | $68.1m | $67.7m | $66.5m | $64.0m | $63.3m | $62.7m | $61.7m | $59.5m | $55.9m | — | |
| Weighted Average Number of Shares Outstanding, Basic | 69.3m | 68.1m | 67.4m | 66.1m | 63.7m | 62.9m | 62.3m | 61.4m | 59.0m | 55.9m | 53.4m | |
| Weighted Average Number of Shares Outstanding, Diluted | 69.8m | 68.1m | 67.7m | 66.5m | 64.0m | 63.3m | 62.7m | 61.7m | 59.5m | 55.9m | 53.5m | |
| Additional Financial Items | ||||||||||||
| Capitalized Computer Software, Amortization | — | — | — | $17.8m | $18.5m | $17.6m | $21.0m | $25.4m | $23.2m | $20.6m | — | |
| Compensation and employee benefits | $413.3m | $428.2m | $442.1m | $470.4m | $366.9m | $386.7m | $507.4m | $512.3m | $482.5m | $437.4m | — | |
| Comprehensive income (loss) attributable to World Kinect | $77.9m | ($142.0m) | $123.8m | $166.5m | $123.3m | $69.6m | $90.2m | $64.7m | $125.3m | ($540.7m) | — | |
| Comprehensive income (loss) attributable to noncontrolling interest | $1.6m | $1.5m | ($1.2m) | ($2.7m) | $0 | $500k | $1.7m | $800k | $500k | $2.7m | — | |
| Comprehensive income (loss) including noncontrolling interest | $79.5m | ($140.5m) | $122.6m | $163.7m | $123.3m | $70.1m | $91.9m | $65.5m | $125.8m | ($538.0m) | — | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | — | — | — | — | — | $5.4m | — | |
| Foreign currency translation adjustments | ($40.4m) | $30.1m | ($27.3m) | $8.2m | $13.8m | ($13.7m) | ($45.5m) | $19.9m | $67.4m | $74.6m | — | |
| Goodwill and other asset impairments | $0 | $91.9m | $0 | $0 | $25.6m | $4.7m | $600k | $32.8m | $29.0m | $689.6m | — | |
| Goodwill, Impairment Loss | — | $72.3m | $0 | — | $0 | — | — | — | — | $528.3m | $243.8m | |
| Income (loss) from operations | $188.9m |
$45.6m
-75.86%
|
$259.7m
+469.52%
|
$299.7m
+15.40%
|
$137.9m
-53.99%
|
$142.6m
+3.41%
|
$273.2m
+91.58%
|
$198.0m
-27.53%
|
$210.6m
+6.36%
|
($564.7m)
-368.14%
|
$280.6m
+149.69%
|
|
| Total other comprehensive income (loss) | ($47.0m) | $29.8m | ($6.3m) | ($17.3m) | $13.7m | ($4.1m) | ($24.0m) | $11.8m | $57.9m | $73.7m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.