Earnings summaries and quarterly performance for WORLD KINECT.
Executive leadership at WORLD KINECT.
Board of directors at WORLD KINECT.
AB
Andrea B. Smith
Detailed
Director
GP
Greg Piper
Detailed
Director
JM
Jeffrey M. Kottkamp
Detailed
Director
JL
John L. Manley
Detailed
Director
JL
Jorge L. Benitez
Detailed
Director
KB
Ken Bakshi
Detailed
Director
PH
Paul H. Stebbins
Detailed
Director
RA
Richard A. Kassar
Detailed
Director
SC
Sharda Cherwoo
Detailed
Director
SK
Stephen K. Roddenberry
Detailed
Lead Independent Director
Research analysts who have asked questions during WORLD KINECT earnings calls.
Ken Hoexter
BofA Securities
6 questions for WKC
Also covers: ARCB, CHRW, CNI +21 more
JR
John Royall
JPMorgan Chase & Co.
3 questions for WKC
Also covers: CASY, CNQ, CVE +13 more
AR
Adam Rutkowski
Bank of America
2 questions for WKC
BN
Benjamin Nolan
Stifel
2 questions for WKC
Also covers: ASC, CDLR, CMRE +17 more
JJ
Justin Jenkins
Raymond James
1 question for WKC
Also covers: LNG, PSX, SUN
PM
Pavel Molchanov
Raymond James
1 question for WKC
Also covers: ADSE, ALTM, AMRC +14 more
Recent press releases and 8-K filings for WKC.
World Kinect Announces Q4 and Full Year 2025 Financial Results
WKC
Earnings
Guidance Update
Demand Weakening
- For Q4 2025, World Kinect reported a net loss of $280 million and diluted EPS of ($5.11), compared to a net loss of $101 million and diluted EPS of ($1.77) in Q4 2024.
- Full Year 2025 saw a net loss of $612 million and diluted EPS of ($10.99), a significant decline from net income of $68 million and diluted EPS of $1.13 in FY 2024.
- Adjusted diluted EPS was $0.30 for Q4 2025 and $1.91 for the full year 2025, down from $0.62 and $2.18 respectively in the prior year periods.
- Consolidated Gross Profit decreased to $235 million in Q4 2025 from $259 million in Q4 2024, primarily due to a 32% decrease in Land segment Gross Profit to $70.6 million, partially offset by an 8% increase in Aviation segment Gross Profit to $129.9 million.
- The company provided Adjusted diluted EPS guidance for FY 2026 of $2.20-$2.40.
Feb 19, 2026, 10:00 PM
World Kinect Corporation Announces New Leadership and Strategic Portfolio Reshaping in Q4 2025 Earnings
WKC
M&A
Guidance Update
Management Change
- World Kinect Corporation announced new leadership, with Ira Birns appointed CEO, Mike Tejada as CFO, and John Rau as President, signaling a strategic shift towards simplifying the business model and focusing on core, higher-return segments.
- The company is actively reshaping its portfolio, including the acquisition of Universal Weather and Aviation's trip support services business in aviation, and strategic exits from European power, energy management, and sustainability services, as well as the sale of North American tank wagon and lubricants businesses, which is expected to shed approximately 1 billion gallons of volume.
- For the full year 2025, World Kinect generated $293 million in operating cash flow and $227 million in free cash flow, returning $126 million to shareholders through dividends and share repurchases, including $85 million in buybacks. An incremental $150 million share repurchase authorization was approved, with $75 million already completed subsequent to year-end.
- The company provided full-year 2026 adjusted EPS guidance in the range of $2.20-$2.40, anticipating that the strategic changes in the Land segment will lead to a nearly doubled adjusted operating income despite expected meaningfully lower volumes and gross profit year-over-year.
Feb 19, 2026, 10:00 PM
World Kinect Corporation Reports Q4 2025 Results and Outlines Strategic Repositioning
WKC
Guidance Update
M&A
Share Buyback
- World Kinect Corporation reported Q4 2025 gross profit of $235 million, a 9% year-over-year decrease, and full-year 2025 consolidated gross profit of $948 million, down 8% from 2024.
- The company is undergoing a significant strategic repositioning of its Land segment, including exiting lower-return businesses in Europe and selling its tank wagon delivery and lubricants businesses in North America, which will shed approximately 1 billion gallons of volume and generate about $100 million in proceeds.
- For the full year 2026, World Kinect expects adjusted EPS to be in the range of $2.20-$2.40, reflecting anticipated year-over-year growth from portfolio actions and disciplined execution.
- In Q4 2025, the company generated $34 million in operating cash flow and $13 million in free cash flow, and repurchased $40 million worth of shares, contributing to $126 million in total capital return for 2025.
Feb 19, 2026, 10:00 PM
World Kinect Corporation Reports Q4 2025 Results Amidst Strategic Portfolio Transformation
WKC
Earnings
M&A
Guidance Update
- World Kinect Corporation reported Q4 2025 consolidated gross profit of $235 million, a 9% year-over-year decrease, contributing to a full-year 2025 gross profit of $948 million, down 8% from 2024, with overall performance falling short of expectations.
- The company is undergoing a significant portfolio transformation, including the acquisition of Universal Weather and Aviation's trip support services business in November 2025, expected to add $70 million in gross profit in 2026. Simultaneously, WKC is exiting non-core Land segment businesses, such as the sale of its North American tank wagon and lubricants businesses, which is projected to return $100 million in capital and reduce volumes by approximately 1 billion gallons.
- For the full year 2026, World Kinect expects adjusted EPS to be in the range of $2.20-$2.40, reflecting anticipated benefits from these strategic actions and disciplined execution. The company also approved an incremental $150 million share repurchase authorization, with $75 million completed subsequent to year-end 2025.
Feb 19, 2026, 10:00 PM
World Kinect Corporation Announces Q4 and Full Year 2025 Results, Strategic Repositioning, and 2026 Outlook
WKC
Earnings
Guidance Update
M&A
- World Kinect Corporation reported a GAAP net loss of $280 million or $5.11 per diluted share and Adjusted net income of $17 million or $0.30 per diluted share for Q4 2025, with full-year 2025 Adjusted diluted EPS of $1.91.
- The company substantially completed the strategic repositioning of its Land segment, which involved recognizing $247 million in non-cash intangible and other asset impairments and $77 million in restructuring and exit-related costs during Q4 2025.
- For the full year 2026, World Kinect Corporation expects Adjusted diluted EPS to be in the range of $2.20 to $2.40.
- In 2025, the company generated $293 million in operating cash flow and $227 million in free cash flow, and repurchased $85 million of common stock.
- World Kinect also completed the acquisition of Universal Weather and Aviation's Trip Support Services division in November 2025 and amended and extended its $2 billion senior unsecured credit facility to November 2030.
Feb 19, 2026, 9:23 PM
World Kinect Corporation Extends $2 Billion Credit Facility
WKC
Debt Issuance
- World Kinect Corporation (WKC) announced the amendment and extension of its $2 billion senior unsecured credit facility on November 10, 2025.
- The maturity date for the credit facility has been extended to November 2030, with an option for further extension to November 2031, subject to lender consent.
- The amended facility includes improved pricing terms and expanded covenant flexibility.
Nov 13, 2025, 10:15 PM
World Kinect Corporation Extends $2 Billion Credit Facility
WKC
Debt Issuance
New Projects/Investments
- World Kinect Corporation (WKC) has extended its $2 billion senior unsecured credit facility, which includes both a revolving credit facility and a term loan.
- The maturity date for the credit facility has been extended to November 2030, with an option to further extend to November 2031.
- The amended facility includes improved pricing terms and expanded covenant flexibility to support the company's capital allocation priorities and growth plans.
Nov 11, 2025, 9:15 PM
World Kinect Corporation Announces Leadership Transition and Q3 2025 Results
WKC
Management Change
Earnings
M&A
- World Kinect Corporation announced significant leadership changes, with Ira Birns appointed as the next CEO, John Rau as President, and Mike Tejada as CFO, effective January 1, 2026.
- For Q3 2025, consolidated volume was 4.3 billion gallons, a 4% year-over-year decrease, and consolidated gross profit declined 7% to $250 million; however, aviation gross profit increased 11% to $143 million.
- The company expects to close the acquisition of Universal Trip Support Services in Q4, anticipated to be 7% accretive to adjusted EPS in the first 12 months, and generated strong Q3 operating cash flow of $116 million and free cash flow of $102 million.
- World Kinect projects Q4 2025 consolidated gross profit to be between $237 million-$245 million and operating expenses in the range of $181 million-$187 million.
Oct 23, 2025, 9:00 PM
World Kinect Corporation Announces Leadership Changes and Q3 2025 Results
WKC
CEO Change
Earnings
M&A
- World Kinect Corporation announced a significant leadership transition, with Ira Birns elected CEO and John Rau as President, effective January 1, 2026, and Mike Tejada succeeding Birns as CFO.
- For Q3 2025, consolidated gross profit was $250 million, a 7% year-over-year decline, which was below guidance, though operating expenses were $181 million, down 7% year-over-year and also below guidance, leading to operating income within the expected range.
- The company generated strong cash flow in Q3 2025, with $116 million in operating cash flow and $102 million in free cash flow, reducing its net debt to adjusted EBITDA ratio to under one times.
- World Kinect anticipates Q4 2025 consolidated gross profit to be between $237 million and $245 million and operating expenses in the range of $181 million to $187 million.
- The acquisition of Universal Weather and Aviation Trip Support Services, expected to close in Q4, is projected to be 7% accretive to adjusted EPS in the first 12 months, with $15 million in annual cost synergies within two years.
Oct 23, 2025, 9:00 PM
Quarterly earnings call transcripts for WORLD KINECT.
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