WKC Stock Analysis: World Kinect | NYSE
Oil & Gas Refining & Marketing | NYSE, USA | Market Cap: 1.826m USD | 12M Return: 48.6% | US9814751064 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 32.9M
EPS Trend: 69.1%
Qual. Beats: 0
Rev. Trend: -57.2%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 11.9 years of data, until 10/2026
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, ≥40 worth a closer look and ≥60 is strong.
World Kinect Corporation (NYSE: WKC) is a Miami-headquartered energy management company that distributes fuel and related products across three segments: Aviation, Land, and Marine. The Aviation segment supplies jet fuel, sustainable aviation fuel, and aviation gasoline to commercial airlines, cargo carriers, governments, and military customers, while also offering fuel management, ground handling, and trip support services. The Land segment sells liquid fuels and natural gas to commercial, industrial, residential, and government customers, serving industries such as transportation, manufacturing, mining, and construction. The Marine segment markets fuel and lubricants to international container, dry bulk, and tanker fleets, cruise lines, and government customers, and provides bunker fuel services including vessel fueling in ports and at sea.
The company was incorporated in 1984 and previously operated as World Fuel Services Corporation before adopting its current name in June 2023. As a fuel distributor and reseller rather than a primary producer, World Kinect operates across more than 100 countries, with its business model centered on physical supply, logistics, and value-added services such as fuel management, procurement, and quality control for its customers.
- Aviation segment revenue grows on commercial airline fuel demand
- Sustainable aviation fuel volumes scale across airline contracts
- Marine segment margins compress on volatile bunker fuel spreads
| Net Income: -165.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -4.57 > 1.0 |
| NWC/Revenue: 0.36% < 20% (prev 1.29%; Δ -0.92% < -1%) |
| CFO/TA 0.02 > 3% & CFO 106.0m > Net Income -165.3m |
| Net Debt (475.9m) to EBITDA (89.9m): 5.29 < 3 |
| Current Ratio: 1.04 > 1.5 & < 3 |
| Outstanding Shares: last quarter (54.4m) vs 12m ago -2.68% < -2% |
| Gross Margin: 2.08% > 18% (prev 1.50%; Δ 0.58% > 0.5%) |
| Asset Turnover: 697.6% > 50% (prev 620.9%; Δ 76.72% > 0%) |
| Interest Coverage Ratio: 0.02 > 6 (EBIT TTM 2.70m / Interest Expense TTM 169.2m) |
| A: 0.02 (Total Current Assets 4.62b - Total Current Liabilities 4.46b) / Total Assets 7.04b |
| B: 0.19 (Retained Earnings 1.32b / Total Assets 7.04b) |
| C: 0.00 (EBIT TTM 2.70m / Avg Total Assets 6.55b) |
| D: 0.22 (Book Value of Equity 1.28b / Total Liabilities 5.75b) |
| Altman-Z'' = 1.00 = BB |
| DSRI: 1.24 (Receivables 3.13b/2.08b, Revenue 45.7b/37.6b) |
| GMI: 0.72 (GM 1.50% / 2.08%) |
| AQI: 0.90 (AQ_t 0.29 / AQ_t-1 0.33) |
| SGI: 1.21 (Revenue 45.7b / 37.6b) |
| TATA: -0.04 (NI -165.3m - CFO 106.0m) / TA 7.04b) |
| Beneish M = -2.99 (Cap -4..+1) = A |
As of November 12, 2026, the stock is trading at USD 35.13 with a total of 644,343 shares traded. Over the past week, the price has changed by -7.55%, over one month by -2.74%, over three months by -4.02% and over the past year by +48.64%.
Current recommended Stop Loss: 33.60 (which is 4.4% or 1.3 ATR below the current price).
World Kinect has received a consensus analysts rating of 2.33. Therefore, it is recommended to sell WKC.
- StrongBuy: 0
- Buy: 1
- Hold: 0
- Sell: 1
- StrongSell: 1
| Analysts Target Price | 37.7 | 7.2% |
P/E Forward = 14.0252
P/S = 0.0401
P/B = 1.4652
P/EG = 1.3189
Revenue TTM = 45.7b USD
EBIT TTM = 2.70m USD
EBITDA TTM = 89.9m USD
Long Term Debt = 683.9m USD (from longTermDebt, last quarter)
Short Term Debt = 9.90m USD (from shortTermDebt, last quarter)
Debt = 693.8m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 475.9m USD (calculated: Debt 693.8m - CCE 217.9m)
Enterprise Value = 2.30b USD (1.83b + Debt 693.8m - CCE 217.9m)
Interest Coverage Ratio = 0.02 (Ebit TTM 2.70m / Interest Expense TTM 169.2m)
EV/FCF = 49.83x (Enterprise Value 2.30b / FCF TTM 46.2m)
FCF Yield = 2.01% (FCF TTM 46.2m / Enterprise Value 2.30b)
FCF Margin = 0.10% (FCF TTM 46.2m / Revenue TTM 45.7b)
Net Margin = -0.36% (Net Income TTM -165.3m / Revenue TTM 45.7b)
Gross Margin = 2.08% ((Revenue TTM 45.7b - Cost of Revenue TTM 44.7b) / Revenue TTM)
Gross Margin QoQ = 2.17% (prev 2.93%)
Tobins Q-Ratio = 0.33 (Enterprise Value 2.30b / Total Assets 7.04b)
Interest Expense / Debt = 24.39% (Interest Expense 169.2m / Debt 693.8m)
Taxrate = 32.68% (18.4m / 56.3m)
NOPAT = 1.82m (EBIT 2.70m * (1 - 32.68%))
Current Ratio = 1.04 (Total Current Assets 4.62b / Total Current Liabilities 4.46b)
Debt / Equity = 0.54 (Debt 693.8m / totalStockholderEquity, last quarter 1.28b)
Debt / EBITDA = 5.29 (Net Debt 475.9m / EBITDA 89.9m)
Debt / FCF = 10.30 (Net Debt 475.9m / FCF TTM 46.2m)
Total Stockholder Equity = 1.26b (last 4 quarters mean from totalStockholderEquity)
RoA = -2.52% (Net Income -165.3m / Total Assets 7.04b)
RoE = -13.12% (Net Income TTM -165.3m / Total Stockholder Equity 1.26b)
RoCE = 0.14% (EBIT 2.70m / Capital Employed (Equity 1.26b + L.T.Debt 683.9m))
RoIC = 0.08% (NOPAT 1.82m / Invested Capital 2.37b)
WACC = 9.56% (E(1.83b)/V(2.52b) * Re(6.96%) + D(693.8m)/V(2.52b) * Rd(24.39%) * (1-Tc(0.33)))
Discount Rate = 6.96% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -91.81 | Cagr: -4.26%
[DCF] Terminal Value 68.69% ; FCFF base≈154.5m ; Y1≈135.5m ; Y5≈109.5m
[DCF] Fair Price = 19.33 (EV 1.46b - Net Debt 475.9m = Equity 988.9m / Shares 51.2m; r=9.56% [WACC]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 69.13 | EPS CAGR: 13.05% | SUE: 0.12 | # QB: 0
Revenue Correlation: -57.16 | Revenue CAGR: -5.77% | SUE: 0.66 | # QB: 0
EPS current Quarter (2027-03-31): EPS=0.54 | Chg30d=+3.15% | Revisions=+50% | Analysts=3
EPS current Year (2026-12-31): EPS=3.58 | Chg30d=-0.65% | Revisions=+50% | GrowthEPS=+87.3% | GrowthRev=+34.8%
EPS next Year (2027-12-31): EPS=2.68 | Chg30d=+4.69% | Revisions=+40% | GrowthEPS=-25.1% | GrowthRev=-2.6%
[Analyst] Revisions Ratio: +73% (up=8, down=0)