WKC Stock Analysis: World Kinect | NYSE
Oil & Gas Refining & Marketing | NYSE, USA | Market Cap: 1.706m USD | 12M Return: 15.7% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 30.8M
EPS Trend: 45.7%
Qual. Beats: 1
Rev. Trend: -98.8%
Qual. Beats: 1
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: -566.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -2.73 > 1.0 |
| NWC/Revenue: 0.51% < 20% (prev 1.20%; Δ -0.69% < -1%) |
| CFO/TA 0.02 > 3% & CFO 132.2m > Net Income -566.6m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 1.05 > 1.5 & < 3 |
| Outstanding Shares: last quarter (52.0m) vs 12m ago -8.45% < -2% |
| Gross Margin: 1.50% > 18% (prev 1.52%; Δ -0.02% > 0.5%) |
| Asset Turnover: 555.2% > 50% (prev 617.8%; Δ -62.58% > 0%) |
| Interest Coverage Ratio: -5.16 > 6 (EBIT TTM -570.1m / Interest Expense TTM 110.5m) |
| A: 0.03 (Total Current Assets 4.39b - Total Current Liabilities 4.20b) / Total Assets 6.80b |
| B: 0.19 (Retained Earnings 1.26b / Total Assets 6.80b) |
| C: -0.09 (EBIT TTM -570.1m / Avg Total Assets 6.70b) |
| D: 0.22 (Book Value of Equity 1.20b / Total Liabilities 5.59b) |
| Altman-Z'' = 0.44 = B |
| DSRI: 1.39 (Receivables 2.84b/2.25b, Revenue 37.2b/40.7b) |
| GMI: 1.01 (GM 1.52% / 1.50%) |
| AQI: 0.88 (AQ_t 0.30 / AQ_t-1 0.35) |
| SGI: 0.91 (Revenue 37.2b / 40.7b) |
| TATA: -0.10 (NI -566.6m - CFO 132.2m) / TA 6.80b) |
| Beneish M = -2.84 (Cap -4..+1) = A |
As of July 05, 2026, the stock is trading at USD 33.21 with a total of 733,200 shares traded. Over the past week, the price has changed by +3.88%, over one month by +14.52%, over three months by +43.95% and over the past year by +15.66%.
Current recommended Stop Loss: 32.10 (which is 3.3% or 1.3 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 | 29.3 | -11.7% |
P/E Forward = 14.0252
P/S = 0.0459
P/B = 1.4229
P/EG = 1.3189
Revenue TTM = 37.2b USD
EBIT TTM = -570.1m USD
EBITDA TTM = -477.5m USD
Long Term Debt = 789.6m USD (from longTermDebt, last quarter)
Short Term Debt = 9.10m USD (from shortTermDebt, last quarter)
Debt = 798.7m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 647.6m USD (calculated: Debt 798.7m - CCE 151.1m)
Enterprise Value = 2.35b USD (1.71b + Debt 798.7m - CCE 151.1m)
Interest Coverage Ratio = -5.16 (Ebit TTM -570.1m / Interest Expense TTM 110.5m)
EV/FCF = 34.66x (Enterprise Value 2.35b / FCF TTM 67.9m)
FCF Yield = 2.89% (FCF TTM 67.9m / Enterprise Value 2.35b)
FCF Margin = 0.18% (FCF TTM 67.9m / Revenue TTM 37.2b)
Net Margin = -1.52% (Net Income TTM -566.6m / Revenue TTM 37.2b)
Gross Margin = 1.50% ((Revenue TTM 37.2b - Cost of Revenue TTM 36.6b) / Revenue TTM)
Gross Margin QoQ = 1.45% (prev 1.34%)
Tobins Q-Ratio = 0.35 (Enterprise Value 2.35b / Total Assets 6.80b)
Interest Expense / Debt = 13.83% (Interest Expense 110.5m / Debt 798.7m)
Taxrate = 20.50% (6.60m / 32.2m)
NOPAT = -453.2m (EBIT -570.1m * (1 - 20.50%)) [loss with tax shield]
Current Ratio = 1.05 (Total Current Assets 4.39b / Total Current Liabilities 4.20b)
Debt / Equity = 0.66 (Debt 798.7m / totalStockholderEquity, last quarter 1.20b)
Debt / EBITDA = -1.36 (negative EBITDA) (Net Debt 647.6m / EBITDA -477.5m)
Debt / FCF = 9.54 (Net Debt 647.6m / FCF TTM 67.9m)
Total Stockholder Equity = 1.43b (last 4 quarters mean from totalStockholderEquity)
RoA = -8.46% (Net Income -566.6m / Total Assets 6.80b)
RoE = -39.63% (Net Income TTM -566.6m / Total Stockholder Equity 1.43b)
RoCE = -25.69% (EBIT -570.1m / Capital Employed (Equity 1.43b + L.T.Debt 789.6m))
RoIC = -18.42% (negative operating profit) (NOPAT -453.2m / Invested Capital 2.46b)
WACC = 9.07% (E(1.71b)/V(2.50b) * Re(8.16%) + D(798.7m)/V(2.50b) * Rd(13.83%) * (1-Tc(0.20)))
Discount Rate = 8.16% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -91.11 | Cagr: -6.23%
[DCF] Terminal Value 70.46% ; FCFF base≈139.1m ; Y1≈121.9m ; Y5≈98.5m
[DCF] Fair Price = 14.93 (EV 1.41b - Net Debt 647.6m = Equity 767.0m / Shares 51.4m; r=9.07% [WACC]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 45.65 | EPS CAGR: 3.00% | SUE: 4.0 | # QB: 1
Revenue Correlation: -98.85 | Revenue CAGR: -12.57% | SUE: 2.11 | # QB: 1
EPS current Quarter (2026-06-30): EPS=0.71 | Chg30d=+28.52% | Revisions=+40% | Analysts=3
EPS next Quarter (2026-09-30): EPS=0.74 | Chg30d=+3.76% | Revisions=+0% | Analysts=3
EPS current Year (2026-12-31): EPS=2.79 | Chg30d=+28.43% | Revisions=+40% | GrowthEPS=+46.2% | GrowthRev=+10.3%
EPS next Year (2027-12-31): EPS=2.43 | Chg30d=-0.55% | Revisions=+0% | GrowthEPS=-12.9% | GrowthRev=-3.7%
[Analyst] Revisions Ratio: +36% (up=6, down=2)