WORLD KINECT CORP
Close on Oct 19, 2026
- Market cap
- $1.84B
- P/E (TTM)
- –
- Dividend yield
- 2.16%
About World Kinect
Wholesale-Petroleum & Petroleum Products (No Bulk Stations), SIC 5172
World Kinect Corporation is an energy management company that provides fuel fulfillment and related services across three primary segments: aviation, marine, and land transportation. In addition to delivering liquid fuels, the company supplies natural gas and a suite of sustainability-related products. Its service portfolio includes fuel management, ground handling, flight planning, dispatch, price risk management, quality control, and consulting. World Kinect serves diverse clients, such as commercial and regional airlines, cargo carriers, airports, corporate fleets, shipping operators, cruise lines, commercial and industrial enterprises, retail fuel outlets, and government and military organizations.
The company operates globally through numerous facilities located across the United States and within various international jurisdictions. Its aviation fuel distribution relies on a worldwide network of airport operations and third-party partners, while its land-based fueling and cardlock activities primarily serve North America. World Kinect maintains its principal executive offices in Miami, Florida.
Summary of the business section of World Kinect's latest annual report, written by StockData.
Company profile
Company
- Legal name
- WORLD KINECT CORP
- Founded
- 1984
- Headquarters
- Miami, FL
- Address
- 9800 N.W. 41st Street 33178
- Phone
- (305) 428-8000
- Website
- world-kinect.com
- Employees
- 4,300, Dec 31, 2020
- Industry
- Wholesale-Petroleum & Petroleum Products (No Bulk Stations)
- Incorporated in
- Florida
- Fiscal year ends
- December 31
- Auditor
- PricewaterhouseCoopers LLP, Miami, Florida
Stock & identifiers
- Ticker
- WKC
- Exchange
- NYSE
- Shares outstanding
- 51M, Jul 17, 2026
- Public float
- $1.53B, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 2-for-1, Dec 8, 2009; 2-for-1, Feb 16, 2005; 3-for-2, Dec 1, 1997; 3-for-2, Jun 28, 1995
- SEC CIK
- 789460
- CUSIP
- 981475106
- ISIN
- US9814751064
- LEI
- D3W7PCXCBRQLL17DZ313
- EIN
- 59-2459427
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Michael J. Kasbar | Executive Chairman, Director | 967,790 |
| Jose-Miguel Tejada | EVP, Chief Financial Officer | 35,676 |
| Michael John Kroll | SVP & Chief Accounting Officer | 9,991 |
| John Peter Rau | President | 192,837 |
| Ira M. Birns | Chief Executive Officer | 269,409 |
| Paul H. Stebbins | Director | 85,656 |
| John L. Manley | Director | 54,116 |
| Ken Bakshi | Director | 59,306 |
| Jorge L. Benitez | Director | 68,924 |
| Andrea B. Smith | Director | 10,686 |
| Jeffrey Michael Kottkamp | Director | 14,014 |
| Gregory F. Piper | Director | 12,164 |
| Sharda Cherwoo | Director | 48,874 |
| Richard A. Kassar | Director | 57,812 |
| Stephen K. Roddenberry | Director | 133,644 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Michael J. Kasbar | $6.43M | -$96.64K | $2.69M | $84 | $291 |
| FY2024 Michael J. Kasbar | $6.70M | $11.85M | $2.77M | $96 | $267 |
| FY2023 Michael J. Kasbar | $6.80M | -$1.16M | $2.82M | $78 | $253 |
| FY2022 Michael J. Kasbar | $15.27M | $14.20M | $3.72M | $91 | $256 |
| FY2021 Michael J. Kasbar | $5.14M | $4.05M | $1.80M | $86 | $155 |
| FY2020 Michael J. Kasbar | $6.51M | -$7.07M | $2.13M | $73 | $66 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of February 19, 2021, we employed approximately 4,300 employees globally who are based in the following regions:”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Jun 7, 2023 | Name change | Name changed from WORLD FUEL SERVICES CORP to WORLD KINECT CORP |
| Jan 3, 2022 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Nov 10, 2005 | Late filing | Notification of late filing |
| Mar 17, 2005 | Late filing | Notification of late filing |
| Feb 8, 1995 | Name change | Name changed from INTERNATIONAL RECOVERY CORP to WORLD FUEL SERVICES CORP |