WKC Stock Analysis: World Kinect | NYSE
Oil & Gas Refining & Marketing | NYSE, USA | Market Cap: 2.032m USD | 12M Return: 50.8% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 44.8M
EPS Trend: 61.9%
Qual. Beats: 2
Rev. Trend: -88.1%
Qual. Beats: 2
Warnings
Tailwinds
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
World Kinect Corporation (NYSE: WKC) is a Miami-headquartered energy management company that operates across the United States, the Americas, Europe, the Middle East, Africa, and Asia Pacific. It runs three business segments-Aviation, Land, and Marine-each focused on the sale and distribution of fuel and related products to commercial, industrial, governmental, and military customers. The Aviation segment supplies jet fuel and sustainable aviation fuel along with ground handling, dispatch, and trip support services; the Land segment sells liquid fuels and natural gas under long-term contracts to commercial, industrial, residential, and government users; and the Marine segment markets fuel and lubricants to international container, bulk, tanker, and cruise operators, offering bunkering, procurement management, and claims services. The company was incorporated in 1984, originally as World Fuel Services Corporation, and rebranded to World Kinect Corporation in June 2023.
WKCs business model is best described as a downstream fuel distribution and energy services platform rather than an upstream producer. The company earns revenue by sourcing, transporting, and reselling petroleum-based products across multiple transportation modes, with aviation fueling and marine bunkering serving as the higher-margin specialty segments. Its classification under GICS places it within the Energy sector, though its operations are tied to fuel logistics and trading rather than oil and gas exploration and production.
- Sustainable aviation fuel adoption lifts Aviation segment margins
- Marine segment margins pressured by IMO emissions compliance costs
- Land segment benefits from industrial natural gas and data center demand
| Net Income: -177.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.00 > 0.02 and ΔFCF/TA -2.86 > 1.0 |
| NWC/Revenue: 0.55% < 20% (prev 1.09%; Δ -0.54% < -1%) |
| CFO/TA 0.01 > 3% & CFO 46.9m > Net Income -177.6m |
| Net Debt (610.0m) to EBITDA (31.5m): 19.37 < 3 |
| Current Ratio: 1.06 > 1.5 & < 3 |
| Outstanding Shares: last quarter (51.8m) vs 12m ago -8.32% < -2% |
| Gross Margin: 1.95% > 18% (prev 1.51%; Δ 0.44% > 0.5%) |
| Asset Turnover: 661.1% > 50% (prev 640.1%; Δ 20.97% > 0%) |
| Interest Coverage Ratio: -0.10 > 6 (EBIT TTM -17.2m / Interest Expense TTM 166.8m) |
| A: 0.03 (Total Current Assets 4.22b - Total Current Liabilities 3.99b) / Total Assets 6.60b |
| B: 0.20 (Retained Earnings 1.29b / Total Assets 6.60b) |
| C: -0.00 (EBIT TTM -17.2m / Avg Total Assets 6.33b) |
| D: 0.24 (Book Value of Equity 1.26b / Total Liabilities 5.33b) |
| Altman-Z'' = 1.10 = BB |
| DSRI: 1.27 (Receivables 2.94b/2.14b, Revenue 41.8b/38.8b) |
| GMI: 0.77 (GM 1.51% / 1.95%) |
| AQI: 0.92 (AQ_t 0.31 / AQ_t-1 0.34) |
| SGI: 1.08 (Revenue 41.8b / 38.8b) |
| TATA: -0.03 (NI -177.6m - CFO 46.9m) / TA 6.60b) |
| Beneish M = -3.00 (Cap -4..+1) = AA |
As of August 02, 2026, the stock is trading at USD 39.86 with a total of 1,184,482 shares traded. Over the past week, the price has changed by +4.51%, over one month by +21.01%, over three months by +48.81% and over the past year by +50.84%.
Current recommended Stop Loss: 38.30 (which is 3.9% or 1.2 ATR below the current price).
World Kinect has received a consensus analysts rating of 2.50. Therefore, it is recommended to sell WKC.
- StrongBuy: 0
- Buy: 1
- Hold: 1
- Sell: 1
- StrongSell: 1
| Analysts Target Price | 37.7 | -5.5% |
P/E Forward = 14.0252
P/S = 0.0487
P/B = 1.6371
P/EG = 1.3189
Revenue TTM = 41.8b USD
EBIT TTM = -17.2m USD
EBITDA TTM = 31.5m USD
Long Term Debt = 736.6m USD (from longTermDebt, last quarter)
Short Term Debt = 8.70m USD (from shortTermDebt, last quarter)
Debt = 745.3m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 610.0m USD (calculated: Debt 745.3m - CCE 135.3m)
Enterprise Value = 2.64b USD (2.03b + Debt 745.3m - CCE 135.3m)
Interest Coverage Ratio = -0.10 (Ebit TTM -17.2m / Interest Expense TTM 166.8m)
EV/FCF = -163.1x (Enterprise Value 2.64b / FCF TTM -16.2m)
FCF Yield = -0.61% (FCF TTM -16.2m / Enterprise Value 2.64b)
FCF Margin = -0.04% (FCF TTM -16.2m / Revenue TTM 41.8b)
Net Margin = -0.42% (Net Income TTM -177.6m / Revenue TTM 41.8b)
Gross Margin = 1.95% ((Revenue TTM 41.8b - Cost of Revenue TTM 41.0b) / Revenue TTM)
Gross Margin QoQ = 2.93% (prev 1.45%)
Tobins Q-Ratio = 0.40 (Enterprise Value 2.64b / Total Assets 6.60b)
Interest Expense / Debt = 22.38% (Interest Expense 166.8m / Debt 745.3m)
Taxrate = 25.04% (16.6m / 66.3m)
NOPAT = -12.9m (EBIT -17.2m * (1 - 25.04%)) [loss with tax shield]
Current Ratio = 1.06 (Total Current Assets 4.22b / Total Current Liabilities 3.99b)
Debt / Equity = 0.59 (Debt 745.3m / totalStockholderEquity, last quarter 1.26b)
Debt / EBITDA = 19.37 (Net Debt 610.0m / EBITDA 31.5m)
Debt / FCF = -37.65 (negative FCF - burning cash) (Net Debt 610.0m / FCF TTM -16.2m)
Total Stockholder Equity = 1.34b (last 4 quarters mean from totalStockholderEquity)
RoA = -2.81% (Net Income -177.6m / Total Assets 6.60b)
RoE = -13.21% (Net Income TTM -177.6m / Total Stockholder Equity 1.34b)
RoCE = -0.83% (EBIT -17.2m / Capital Employed (Equity 1.34b + L.T.Debt 736.6m))
RoIC = -0.52% (negative operating profit) (NOPAT -12.9m / Invested Capital 2.49b)
WACC = 10.15% (E(2.03b)/V(2.78b) * Re(7.72%) + D(745.3m)/V(2.78b) * Rd(22.38%) * (1-Tc(0.25)))
Discount Rate = 7.72% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -96.99 | Cagr: -6.53%
[DCF] Fair Price = unknown (Cash Flow -16.2m)
EPS Correlation: 61.88 | EPS CAGR: 7.66% | SUE: 2.93 | # QB: 2
Revenue Correlation: -88.07 | Revenue CAGR: -9.62% | SUE: 4.0 | # QB: 2
EPS current Quarter (2026-09-30): EPS=0.96 | Chg30d=+29.86% | Revisions=+0% | Analysts=3
EPS current Year (2026-12-31): EPS=3.60 | Chg30d=+28.88% | Revisions=+40% | GrowthEPS=+88.5% | GrowthRev=+27.8%
EPS next Year (2027-12-31): EPS=2.56 | Chg30d=+5.21% | Revisions=+0% | GrowthEPS=-28.9% | GrowthRev=-8.0%
[Analyst] Revisions Ratio: +22% (up=4, down=2)