WKC Q3 2024 Earnings — World Kinect Corporation Revenue & Financial Results | Market Cap Arena

WKCWorld Kinect Corporation

$1B

Q3 2024 Earnings

Energy Oil & Gas Refining & Marketing

Income Statement

Revenue

$10.5B-14.2% YoY

Gross Profit

$176M1.7% margin

Operating Income

$104M1.0% margin

Net Income

$34M0.3% margin

EPS (Diluted)

$0.57

QoQ Revenue Growth

-4.4%

Cash Flow

Operating Cash Flow

-$39M

Free Cash Flow

-$57M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$7.0B

Total Liabilities

$4.9B

Stockholders' Equity

$2.0B

Cash & Equivalents

$374M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$10.5B	$12.3B	-14.2%
Gross Profit	$176M	$186M	-5.4%
Operating Income	$104M	$110M	-5.2%
Net Income	$34M	$35M	-4.0%

Revenue Segments

Aviation Segment

$5.2B50%

Land Segment

$3.2B30%

Marine Segment

$2.1B20%

Geographic Segments

North America

$5.3B51%

EMEA

$2.6B25%

Asia Pacific

$1.3B13%

Latin America

$1.3B12%