World Kinect Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	37,149	36,917	42,168	47,711	59,043	31,337
Revenue Growth (YoY)	-8.65%	-12.45%	-11.62%	-19.19%	88.41%	53.93%
Cost of Revenue	36,161	35,969	41,142	46,652	57,954	30,549
Gross Profit	988.6	947.8	1,026	1,058	1,089	788.2
Selling, General & Admin	750.6	719.9	779.6	820.3	816.1	634.3
Other Operating Expenses	739.9	792.7	36.1	40	-0.2	11.3
Total Operating Expenses	1,491	1,513	815.7	860.3	815.9	645.6
Operating Income	-501.8	-564.7	210.6	198	273.2	142.6
Interest Expense	104.1	100.6	102.2	127.7	110.6	40.2
Other Non-Operating Income (Expense)	-73.5	-74.3	-12.9	-3.6	-17.5	-2.3
Total Non-Operating Income (Expense)	30.6	26.3	89.3	124.1	93.1	37.9
Pretax Income	-679.4	-739.7	95.5	66.7	145.1	100
Provision for Income Taxes	-114.4	-127.9	27.6	13	29.2	25.8
Net Income	-567.2	-614.4	67.4	52.9	114.1	73.7
Minority Interest in Earnings	2.2	2.7	0.5	0.8	1.7	0.5
Net Income to Common	-567.2	-614.4	67.4	52.9	114.1	73.7
Net Income Growth	-	-	27.41%	-53.64%	54.82%	-32.76%
Shares Outstanding (Basic)	55	56	59	61	62	63
Shares Outstanding (Diluted)	55	56	60	62	63	63
Shares Change (YoY)	-6.34%	-6.05%	-3.57%	-1.59%	-0.95%	-1.09%
EPS (Basic)	-10.20	-10.99	1.14	0.86	1.83	1.17
EPS (Diluted)	-10.21	-10.99	1.13	0.86	1.82	1.16
EPS Growth	-	-	31.39%	-52.75%	56.90%	-32.16%
Shares Outstanding	51.4	54.1	56.7	59.8	62	61.7
Free Cash Flow	67.9	227.3	191.7	183.7	59.9	134
Free Cash Flow Growth	-70.13%	18.57%	4.35%	206.68%	-55.30%	-75.76%
Free Cash Flow Per Share	1.24	4.07	3.22	2.98	0.96	2.12
Dividends Per Share	0.800	0.770	0.680	0.560	0.520	0.480
Dividend Growth	3.90%	13.23%	21.43%	7.69%	8.33%	20.00%
Gross Margin	2.66%	2.57%	2.43%	2.22%	1.84%	2.52%
Operating Margin	-1.35%	-1.53%	0.50%	0.42%	0.46%	0.46%
Profit Margin	-1.52%	-1.66%	0.16%	0.11%	0.20%	0.24%
FCF Margin	0.18%	0.62%	0.45%	0.39%	0.10%	0.43%
EBITDA	-409.2	-466.5	317	302.5	381	223.6
EBITDA Margin	-1.10%	-1.26%	0.75%	0.63%	0.65%	0.71%
EBIT	-501.8	-564.7	210.6	198	273.2	142.6
EBIT Margin	-1.35%	-1.53%	0.50%	0.42%	0.46%	0.46%
Effective Tax Rate	16.84%	17.29%	28.90%	19.49%	20.12%	25.80%

Updated Apr 23, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q