WKC Q2 2020 Earnings — World Kinect Corporation Revenue & Financial Results | Market Cap Arena

WKCWorld Kinect Corporation

$1B

Q2 2020 Earnings

Energy Oil & Gas Refining & Marketing

Income Statement

Revenue

$3.1B-67.0% YoY

Gross Profit

-$20M-0.7% margin

Operating Income

-$105M-3.4% margin

Net Income

-$10M-0.3% margin

EPS (Diluted)

$-0.16

QoQ Revenue Growth

-60.9%

Cash Flow

Operating Cash Flow

$236M

Free Cash Flow

$220M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$4.9B

Total Liabilities

$3.1B

Stockholders' Equity

$1.8B

Cash & Equivalents

$646M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.1B	$9.4B	-67.0%
Gross Profit	-$20M	$122M	-116.6%
Operating Income	-$105M	$43M	-343.5%
Net Income	-$10M	$37M	-127.6%