World Kinect (WKC) AI Stock Analysis

• Market Cap: $1.48B
• Dividend Yield: 2.78%
• Average Volume (3M): 684.08K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.08
• Revenue Growth: -15.32%
• EPS Growth: -442.37%
• Country: US
• Employees: 4,745
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Refining & Marketing
• EPS (TTM): 0.54
• Shares Outstanding: 55,544,560
• 10 Day Avg. Volume: 542,478
• 30 Day Avg. Volume: 684,075
• PEG Ratio: 0.74
• Price to Book (P/B): 0.83
• Price to Sales (P/S): 0.04
• P/FCF Ratio: 8.47
• Enterprise Value/Market Cap: 1.20
• Enterprise Value/Revenue: 0.05
• Enterprise Value/Gross Profit: 1.83
• Enterprise Value/Ebitda: -5.50
• 1Y Price Target: $28.67
• Price Target Upside: 7.54% Upside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 3

• Rating: 54 Neutral
• Price Target: $27.00 ▲(1.28% Upside)

World Kinect's overall stock score reflects significant financial challenges, with declining revenues and profitability. Technical analysis provides mixed signals, and the valuation is concerning due to a negative P/E ratio. However, strategic acquisitions and strong cash flow generation from the earnings call offer some positive outlook.

Positive Factors

Leadership Transition

The appointment of Ira M. Birns as CEO is a strategic move that can provide fresh leadership and potentially drive new growth initiatives, ensuring continuity and stability in the company's long-term strategy.

Strategic Acquisition

The acquisition is expected to enhance earnings, indicating strategic growth and expansion into complementary services, which can strengthen market position and diversify revenue streams.

Strong Cash Flow Generation

Strong cash flow generation provides financial flexibility to invest in growth opportunities, reduce debt, or return capital to shareholders, supporting long-term financial health.

Negative Factors

Revenue Decline

A significant revenue decline suggests potential market challenges or competitive pressures, which could impact the company's ability to sustain growth and profitability.

Profitability Issues

Negative profitability metrics indicate operational challenges and inefficiencies, which may hinder the company's ability to invest in growth and maintain competitive advantages.

Cash Flow Decline

Declining cash flow limits the company's ability to fund operations and strategic initiatives, potentially affecting long-term growth and financial stability.

World Kinect Business Overview & Revenue Model

Company Description

World Kinect (WKC) is a leading global provider of energy solutions, specializing in the supply and management of fuels, energy logistics, and related services. Operating across various sectors including commercial, industrial, and governmental markets, WKC delivers innovative energy products such as natural gas, heating oil, propane, and electricity. The company is committed to sustainability and offers customers tailored solutions that enhance efficiency and reduce environmental impact.

How the Company Makes Money

World Kinect generates revenue primarily through the sale of energy products and services, including fuel supply contracts, energy management solutions, and logistics services. Key revenue streams include direct sales of natural gas, propane, and heating oil, as well as long-term contracts with businesses and government entities for energy procurement. Additionally, WKC earns revenue from value-added services like energy consulting and sustainability solutions. Significant partnerships with energy producers and logistics providers enhance WKC's market reach and operational efficiency, contributing to its earnings. The company's focus on sustainable practices also positions it favorably in a market increasingly driven by environmental considerations.

World Kinect Financial Statement Overview

Summary

World Kinect faces a challenging financial environment with declining revenues and profitability. The income statement shows significant weaknesses, including a negative net income and EBIT margin. The balance sheet is moderately stable with manageable leverage, but negative trends in income and cash flow metrics indicate potential risks.

Income Statement

World Kinect's income statement shows significant weaknesses, with a negative net income and EBIT margin in the TTM period. Revenue has decreased from previous years, with a sharp decline of 8.1% from 2024 to TTM. The gross profit margin is relatively low at 2.55%, indicating potential inefficiencies in cost management or declining market conditions.

Balance Sheet

The balance sheet reflects a moderate financial position with a debt-to-equity ratio of 0.51, suggesting manageable leverage. However, the return on equity is negative due to net losses, which is a concern for long-term sustainability. The equity ratio stands at 26.4%, providing a stable capital structure despite recent challenges.

Cash Flow

Cash flow analysis highlights a decline in operating cash flow compared to previous years, with a drop of 13.6% from 2024. The free cash flow to net income ratio is negative, reflecting insufficient cash generation relative to reported losses. While the company maintains positive free cash flow, the growth rate has declined substantially.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	37.65B	42.17B	47.71B	59.04B	31.34B	20.36B
Gross Profit	971.30M	1.03B	1.06B	1.09B	788.20M	851.80M
EBITDA	-324.10M	332.40M	306.70M	366.10M	226.80M	295.60M
Net Income	-436.50M	67.40M	52.90M	114.10M	73.70M	109.60M
Balance Sheet
Total Assets	6.06B	6.73B	7.38B	8.16B	5.94B	4.50B
Cash, Cash Equivalents and Short-Term Investments	473.60M	382.90M	304.30M	298.40M	652.20M	658.80M
Total Debt	795.40M	1.06B	1.08B	1.05B	508.70M	682.20M
Total Liabilities	4.43B	4.78B	5.43B	6.17B	4.03B	2.59B
Stockholders Equity	1.62B	1.95B	1.94B	1.98B	1.91B	1.91B
Cash Flow
Free Cash Flow	334.00M	191.70M	183.70M	59.90M	134.00M	552.80M
Operating Cash Flow	396.10M	259.90M	271.30M	138.50M	173.20M	604.10M
Investing Cash Flow	-38.20M	64.50M	-101.10M	-724.90M	-58.30M	72.80M
Financing Cash Flow	-231.60M	-230.60M	-152.40M	237.30M	-113.60M	-213.00M

World Kinect Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 26.66
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For WKC, the sentiment is Positive. The current price of 26.66 is above the 20-day moving average (MA) of 25.59, above the 50-day MA of 25.88, and below the 200-day MA of 26.76, indicating a neutral trend. The MACD of -0.04 indicates Negative momentum. The RSI at 63.06 is Neutral, neither overbought nor oversold. The STOCH value of 91.33 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for WKC.

World Kinect Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SUN	68 Neutral	$8.29B	26.63	6.62%	6.62%	-8.65%	-73.25%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
WKC	54 Neutral	$1.48B	―	-23.84%	2.78%	-15.32%	-442.37%
CAPL	54 Neutral	$803.91M	19.10	―	10.32%	-10.51%	101.44%
PARR	52 Neutral	$2.03B	-147.47	-1.59%	―	-13.09%	-103.24%
DK	50 Neutral	$2.25B	―	-200.75%	2.73%	-29.94%	-723.41%
PBF	50 Neutral	$3.91B	-3.93	-17.30%	3.25%	-18.73%	-236.79%

World Kinect Corporate Events

World Kinect Corporation Reports Q3 2025 Results

World Kinect Corporation is a global energy management company based in Miami, Florida, providing services across the aviation, marine, and land-based transportation sectors, and offering natural gas and power in the United States and Europe. In its third-quarter 2025 earnings report, World Kinect Corporation announced a gross profit of $250 million and a GAAP net income of $26 million, reflecting a slight decrease in revenue compared to the previous year. The company highlighted strong performance in its Aviation segment, which saw an 11% increase in gross profit, while its Land and Marine segments experienced declines due to unfavorable market conditions and strategic exits from certain operations.

World Kinect’s Mixed Earnings Call: Growth Amid Challenges

The recent earnings call for World Kinect Corporation painted a mixed picture, reflecting both achievements and challenges. While the company celebrated leadership transitions and growth in the aviation segment, it also faced hurdles in gross profit and specific segments like land and marine. The strong cash flow generation and strategic acquisitions provide a positive outlook, although ongoing challenges in core segments temper the overall sentiment.

World Kinect’s Earnings Call: Mixed Outlook with Strong Aviation Performance

World Kinect Corporation’s recent earnings call presented a mixed sentiment, highlighting both strong and challenging aspects of its performance. The company reported robust results in the aviation segment and increased dividends, signaling confidence in its business operations. However, it also faced difficulties in the land and marine segments, with declines in volumes and gross profit, alongside significant non-cash impairments. This balance of positive and negative elements suggests a cautiously optimistic outlook.

World Kinect Corporation’s Q2 2025 Financial Performance

World Kinect Corporation is a global energy management company based in Miami, Florida, providing services across aviation, marine, and land-based transportation sectors, along with natural gas and power supply in the U.S. and Europe. In its second quarter of 2025, World Kinect Corporation reported a gross profit of $232 million but faced a GAAP net loss of $339 million. Despite the loss, the company achieved an adjusted net income of $33 million and repurchased $35 million of common stock, reflecting strategic financial maneuvers. Key financial metrics included an 8% increase in gross profit for the Aviation segment, while the Land and Marine segments saw declines due to strategic divestitures and tax settlements. The company recognized significant non-cash asset impairments and restructuring charges as part of its transformation initiatives. Looking ahead, World Kinect Corporation remains focused on optimizing its operations and enhancing shareholder value, with management expressing confidence in the company’s cash flow generation and strategic direction.