WKC Q1 2020 Earnings — World Kinect Corporation Revenue & Financial Results | Market Cap Arena

WKCWorld Kinect Corporation

$1B

Q1 2020 Earnings

Energy Oil & Gas Refining & Marketing

Income Statement

Revenue

$7.9B-8.0% YoY

Gross Profit

$53M0.7% margin

Operating Income

-$31M-0.4% margin

Net Income

$41M0.5% margin

EPS (Diluted)

$0.63

QoQ Revenue Growth

-14.6%

Cash Flow

Operating Cash Flow

$10M

Free Cash Flow

-$8M

Stock-Based Comp.

-$2M

Balance Sheet

Total Assets

$5.5B

Total Liabilities

$3.6B

Stockholders' Equity

$1.8B

Cash & Equivalents

$537M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$7.9B	$8.6B	-8.0%
Gross Profit	$53M	$143M	-62.9%
Operating Income	-$31M	$73M	-142.1%
Net Income	$41M	$37M	+11.3%