WKCNYSEWholesale-Petroleum & Petroleum Products (No Bulk Stations)Fiscal year ends December 31
WORLD KINECT CORP
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 24, 2026
$35.62−0.45 (-1.25%)
Close on Oct 19, 2026
- Market cap
- $1.84B
- P/E (TTM)
- –
- Dividend yield
- 2.16%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
2.6%−1.6 pts over 5 years
Operating margin
-1.5%−2.2 pts over 5 years
Net margin
-1.7%−2.2 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -12.5% | -14.5% | +12.6% | +2.0% | |
| Gross profit | -7.7% | -4.5% | +2.2% | +1.0% | |
| Free cash flow | +18.6% | +56.0% | -16.3% | -5.4% | |
| Dividend per share | +13.2% | +14.0% | +14.0% | +12.4% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 6.6% | 5.8% | -37.8% | |
| Return on assets | 2.5% | 2.1% | -9.8% | |
| Current ratio | 1.76 | 1.57 | 1.06 | |
| Debt to equity | 0.62 | 0.27 | 0.54 | |
| Net debt to EBITDA | 1.80× | -0.60× | -1.08× | |
| Interest coverage | 4.3× | 2.8× | -5.0× | |
| Inventory turnover | 63.9× | 41.6× | 74.3× | |
| Capex to revenue | 0.1% | 0.3% | 0.2% | |
| Diluted shares | 70M | 64M | 56M |
Where the cash went
Fiscal 2021 to 2025, five years combined
World Kinect generated $1.14B from operations and spent $857.00M on capital expenditure, dividends and share buybacks. 40% of that went back into the business.
Generated
$1.14B
Used
$857.00M
Capital expenditure$339.20M40%Dividends$173.50M20%Share buybacks$344.30M40%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-1.7%
×Asset turnover5.86×
×Equity multiplier3.88×
=Return on equity, FY2025-37.8%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -1.7% | 5.86× | 3.88× | -37.8% |
| FY2024 | 0.2% | 5.98× | 3.62× | 3.5% |
| FY2023 | 0.1% | 6.14× | 3.96× | 2.7% |
| FY2022 | 0.2% | 8.37× | 3.62× | 5.9% |
| FY2021 | 0.2% | 6.00× | 2.73× | 3.9% |
| FY2020 | 0.5% | 3.88× | 2.76× | 5.8% |
| FY2019 | 0.5% | 6.31× | 3.15× | 9.7% |
| FY2018 | 0.3% | 7.06× | 3.18× | 7.2% |
| FY2017 | -0.5% | 6.13× | 3.02× | -9.3% |
| FY2016 | 0.5% | 5.44× | 2.60× | 6.6% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$614.40M
- Cash generatingOperating cash flow above zero$292.90M
- Return on assets improvedROA up on the prior year0.9% → -9.1%
- Earnings backed by cashOperating cash flow above net income$292.90M vs -$614.40M
- Less leverageLong-term debt to assets fell11.8% → 11.7%
- Better liquidityCurrent ratio rose1.15 → 1.06
- No dilutionShare count did not rise60M → 56M
- Gross margin improvedGross margin up on the prior year2.43% → 2.57%
- More efficientAsset turnover rose5.72 → 5.48