WKC Q3 2023 Earnings — World Kinect Corporation Revenue & Financial Results | Market Cap Arena

WKCWorld Kinect Corporation

$1B

Q3 2023 Earnings

Energy Oil & Gas Refining & Marketing

Income Statement

Revenue

$12.3B-21.3% YoY

Gross Profit

$186M1.5% margin

Operating Income

$110M0.9% margin

Net Income

$35M0.3% margin

EPS (Diluted)

$0.58

QoQ Revenue Growth

+11.3%

Cash Flow

Operating Cash Flow

$80M

Free Cash Flow

$59M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$7.5B

Total Liabilities

$5.5B

Stockholders' Equity

$2.0B

Cash & Equivalents

$336M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$12.3B	$15.6B	-21.3%
Gross Profit	$186M	$122M	+52.4%
Operating Income	$110M	$40M	+172.3%
Net Income	$35M	$43M	-17.9%