WKC Q1 2024 Earnings — World Kinect Corporation Revenue & Financial Results | Market Cap Arena

WKCWorld Kinect Corporation

$1B

Q1 2024 Earnings

Energy Oil & Gas Refining & Marketing

Income Statement

Revenue

$10.9B-13.5% YoY

Gross Profit

$63M0.6% margin

Operating Income

-$13M-0.1% margin

Net Income

$27M0.3% margin

EPS (Diluted)

$0.45

QoQ Revenue Growth

-9.6%

Cash Flow

Operating Cash Flow

-$13M

Free Cash Flow

-$30M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$7.2B

Total Liabilities

$5.2B

Stockholders' Equity

$2.0B

Cash & Equivalents

$321M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$10.9B	$12.6B	-13.5%
Gross Profit	$63M	$242M	-74.1%
Operating Income	-$13M	$163M	-107.7%
Net Income	$27M	$23M	+20.2%