WORLD KINECT CORPORATION
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $36.92B | $42.17B | $16.00B | $15.20B | $14.20B | $13.60B | $12.60B | $12.60B |
| Snacks | — | — | $8.00B | $7.60B | $7.10B | $6.80B | $6.30B | $6.30B |
| North America | — | — | $8.00B | $7.60B | $7.10B | $6.80B | $6.30B | $6.30B |
| International | — | — | $8.00B | $7.60B | $7.10B | $6.80B | $6.30B | $6.30B |
| Cost of Revenue | $35.97B | $41.14B | $46.65B | $57.95B | $30.55B | $19.51B | $35.71B | $38.73B |
| Gross Profit | $947.8M | $1.03B | $1.06B | $1.09B | $788.2M | $851.8M | $1.11B | $1.02B |
| Gross Margin | 2.6% | 2.4% | 6.6% | 7.2% | 5.6% | 6.3% | 8.8% | 8.1% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $282.5M | $297.1M | $308.0M | $308.7M | $247.6M | $311.1M | $322.2M | $299.6M |
| Operating Income | $-564.7M | $210.6M | $198.0M | $273.2M | $142.6M | $137.9M | $299.7M | $259.7M |
| Operating Margin | -1.5% | 0.5% | 1.2% | 1.8% | 1.0% | 1.0% | 2.4% | 2.1% |
| Interest Expense | $112.0M | $116.0M | $135.5M | $117.4M | $47.2M | $48.6M | $80.0M | $74.8M |
| Pretax Income | $-739.7M | $95.5M | $66.7M | $145.1M | $100.0M | $161.7M | $237.3M | $184.9M |
| Income Tax Expense | $-127.9M | $27.6M | $13.0M | $29.2M | $25.8M | $52.1M | $56.2M | $55.9M |
| Net Income | $-614.4M | $67.4M | $52.9M | $114.1M | $73.7M | $109.6M | $178.9M | $127.7M |
| Net Margin | -1.7% | 0.2% | 0.3% | 0.8% | 0.5% | 0.8% | 1.4% | 1.0% |
| EPS (Basic) | $-10.99 | $1.14 | $0.86 | $1.83 | $1.17 | $1.72 | $2.71 | $1.89 |
| EPS (Diluted) | $-10.99 | $1.13 | $0.86 | $1.82 | $1.16 | $1.71 | $2.69 | $1.89 |
| Shares Outstanding (Basic) | 55.9M | 59.0M | 61.4M | 62.3M | 62.9M | 63.7M | 66.1M | 67.4M |
| Shares Outstanding (Diluted) | 55.9M | 59.5M | 61.7M | 62.7M | 63.3M | 64.0M | 66.5M | 67.7M |
| Dividends Per Share | $0.77 | $0.68 | $0.56 | $0.52 | $0.48 | $0.40 | $0.36 | $0.24 |