WORLD KINECT CORP (WKC)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
|---|---|---|---|---|
| Revenue | 9,043,300 | 9,452,500 | 10,490,900 | 10,965,200 |
| Cost of revenue | 8,810,900 | 9,222,100 | 10,222,800 | 10,720,000 |
| Gross profit | 232,400 | 230,400 | 268,100 | 245,200 |
| Restructuring charges | 6,000 | 15,000 | - | 5,600 |
| Compensation and employee benefits | 105,500 | 105,100 | 122,900 | 119,200 |
| General and administrative | 67,300 | 72,400 | 71,800 | 72,800 |
| Goodwill and other asset impairments | 398,600 | 44,500 | 1,200 | 2,400 |
| Total operating expenses | 577,500 | 237,000 | 195,800 | 200,000 |
| Income (loss) from operations | -345,100 | -6,600 | 72,300 | 45,200 |
| Other income (expense), net | -78,000 | 1,300 | 1,300 | 98,900 |
| Interest expense and other financing costs, net | -25,700 | -22,900 | -24,000 | -27,500 |
| Total non-operating income (expense), net | -103,600 | -21,500 | -22,600 | 71,400 |
| Income (loss) before income taxes | -448,700 | -28,100 | 49,600 | 116,600 |
| Provision for income taxes | -109,600 | -6,800 | 14,600 | 9,700 |
| Net income (loss) including noncontrolling interest | -339,100 | -21,300 | 35,000 | 106,900 |
| Net income (loss) attributable to noncontrolling interest | 300 | -200 | 1,500 | - |
| Net income (loss) attributable to world kinect | -339,400 | -21,100 | 33,500 | 117,700 |
| Foreign currency translation adjustments | - | - | - | 11,200 |
| Cash flow hedges, net of income tax expense (benefit) of ($0.7) and $0.6 for the three months ended june 30, 2024 and 2023, respectively, and net of income tax expense (benefit) of ($1.1) and ($0.2) for the six months ended june 30, 2024 and 2023, respectively | - | - | - | -1,800 |
| Total other comprehensive income (loss) | - | - | - | 9,400 |
| Comprehensive income (loss) including noncontrolling interest | - | - | - | 116,300 |
| Comprehensive income (loss) attributable to noncontrolling interest | - | - | - | -1,400 |
| Comprehensive income (loss) attributable to world kinect | - | - | - | 117,700 |
| Basic earnings (loss) per common share | -6.06 | -0.37 | 0.57 | 1.81 |
| Basic weighted average common shares | 56,000,000 | 56,800,000 | 58,800,000 | 59,800,000 |
| Diluted earnings (loss) per common share | -6.06 | -0.37 | 0.57 | 1.81 |
| Diluted weighted average common shares | 56,000,000 | 56,800,000 | 59,200,000 | 60,000,000 |