WKC Q2 2024 Earnings — World Kinect Corporation Revenue & Financial Results | Market Cap Arena

WKCWorld Kinect Corporation

$1B

Q2 2024 Earnings

Energy Oil & Gas Refining & Marketing

Income Statement

Revenue

$11.0B-0.2% YoY

Gross Profit

$173M1.6% margin

Operating Income

$100M0.9% margin

Net Income

$108M1.0% margin

EPS (Diluted)

$1.81

QoQ Revenue Growth

+1.3%

Cash Flow

Operating Cash Flow

$115M

Free Cash Flow

$101M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$7.2B

Total Liabilities

$5.2B

Stockholders' Equity

$2.0B

Cash & Equivalents

$525M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$11.0B	$11.0B	-0.2%
Gross Profit	$173M	$222M	-21.9%
Operating Income	$100M	$141M	-28.7%
Net Income	$108M	$30M	+262.2%

Revenue Segments

Aviation Segment

$5.4B49%

Land Segment

$3.3B30%

Marine Segment

$2.3B21%

Geographic Segments

North America

$5.7B52%

EMEA

$2.6B23%

Asia Pacific

$1.4B13%

Latin America

$1.3B12%