WKC Q4 2023 Earnings — World Kinect Corporation Revenue & Financial Results | Market Cap Arena

WKCWorld Kinect Corporation

$1B

Q4 2023 Earnings

Energy Oil & Gas Refining & Marketing

Income Statement

Revenue

$12.0B-13.3% YoY

Gross Profit

$125M1.0% margin

Operating Income

$53M0.4% margin

Net Income

-$35M-0.3% margin

EPS (Diluted)

$-0.58

QoQ Revenue Growth

-2.0%

Cash Flow

Operating Cash Flow

$5M

Free Cash Flow

-$15M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$7.4B

Total Liabilities

$5.4B

Stockholders' Equity

$1.9B

Cash & Equivalents

$304M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$12.0B	$13.9B	-13.3%
Gross Profit	$125M	$162M	-22.9%
Operating Income	$53M	$92M	-42.6%
Net Income	-$35M	$21M	-266.5%