WKC Q2 2023 Earnings — World Kinect Corporation Revenue & Financial Results | Market Cap Arena

WKCWorld Kinect Corporation

$1B

Q2 2023 Earnings

Energy Oil & Gas Refining & Marketing

Income Statement

Revenue

$11.0B-36.0% YoY

Gross Profit

$222M2.0% margin

Operating Income

$141M1.3% margin

Net Income

$30M0.3% margin

EPS (Diluted)

$0.48

QoQ Revenue Growth

-12.3%

Cash Flow

Operating Cash Flow

$44M

Free Cash Flow

$16M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$7.0B

Total Liabilities

$5.0B

Stockholders' Equity

$2.0B

Cash & Equivalents

$294M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$11.0B	$17.2B	-36.0%
Gross Profit	$222M	$242M	-8.5%
Operating Income	$141M	$160M	-12.0%
Net Income	$30M	$24M	+22.5%