WKC Q1 2023 Earnings — World Kinect Corporation Revenue & Financial Results | Market Cap Arena

WKCWorld Kinect Corporation

$1B

Q1 2023 Earnings

Energy Oil & Gas Refining & Marketing

Income Statement

Revenue

$12.6B+1.9% YoY

Gross Profit

$242M1.9% margin

Operating Income

$163M1.3% margin

Net Income

$23M0.2% margin

EPS (Diluted)

$0.36

QoQ Revenue Growth

-9.4%

Cash Flow

Operating Cash Flow

$143M

Free Cash Flow

$124M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$7.5B

Total Liabilities

$5.5B

Stockholders' Equity

$2.0B

Cash & Equivalents

$217M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$12.6B	$12.3B	+1.9%
Gross Profit	$242M	$67M	+263.8%
Operating Income	$163M	-$8M	+2086.6%
Net Income	$23M	$26M	-13.3%