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WK

World Kinect Corporation

WKCEnergyNASDAQ

Oil & Gas Refining & Marketing

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Financials · Annual
Revenue
$36.92B
-12.5% YoY
Net Income
-$614.4M
-1011.6% YoY
EBITDA
-$529.5M
-266.6% YoY
Free Cash Flow
$202.2M

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About World Kinect Corporation

Part of the energy sector, World Kinect Corporation (WKC) is listed under Oil & Gas Refining & Marketing. The company carries a $1.48B market cap, placing it firmly in the small-cap category. It operates in three segments: Aviation, Land, and Marine.

Key stats
Market Cap$1.48B
Fwd P/E11.84
EPS$-10.12
Beta1.23
52W Change+4.9%
Dividend Yield2.78%
ROE-36.0%
Analysis

On the balance sheet, WKC has $151.1M in cash with $798.7M in obligations. The ability to service this debt comfortably depends on continued operational cash generation. The company generates $202.2M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. ROE of -36.0% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 2.2% is on the lower side, which is common in asset-heavy industries. Revenue has pulled back from $59.04B (2022) to $36.92B (2025), a 37% decline worth watching.

The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence World Kinect Corporation's trajectory.

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