📊 WKC Key Takeaways
Is World Kinect Corp. (WKC) a Good Investment?
World Kinect exhibits critical financial distress with negative operating cash flow (-$46.4M) and free cash flow (-$60.2M) despite reported net income, indicating severe earnings quality issues. Razor-thin profitability (0.3% net margin), 12.5% revenue contraction, and tight liquidity (1.05x current ratio) combined with $789.6M debt create an unsustainable capital structure that cannot support operations or debt service.
Why Buy World Kinect Corp. Stock? WKC Key Strengths
- Moderate leverage ratio of 0.66x debt-to-equity provides some balance sheet cushion
- Positive net income of $26.2M maintains technical solvency despite operational challenges
- Market position as petroleum wholesale distributor in essential commodity sector
WKC Stock Risks: World Kinect Corp. Investment Risks
- Negative operating cash flow of -$46.4M and negative free cash flow indicate structural operational issues and potential insolvency risk within 12-24 months
- Extremely tight liquidity with current ratio of 1.05x and quick ratio of 0.87x leaves minimal buffer for disruptions or working capital swings
- Declining revenue (-12.5% YoY) combined with sub-1% operating margins demonstrates inability to scale profitably in cyclical commodity environment
- Interest coverage of only 2.0x provides inadequate cushion given negative cash generation and refinancing risk
- Disconnect between reported net income and negative operating cash flow suggests accounting-driven profits rather than genuine economic cash generation
Key Metrics to Watch
- Operating cash flow trend—critical indicator of sustainability; must return to positive immediately
- Liquidity runway—monitor cash depletion rate relative to $151.1M cash balance
- Revenue stabilization and margin recovery—assess whether decline is cyclical or structural
- Working capital management—investigate source of operating cash flow deterioration
- Debt covenant compliance—high refinancing risk if metrics continue deteriorating
World Kinect Corp. (WKC) Financial Metrics & Key Ratios
💡 AI Analyst Insight
World Kinect Corp. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.
WKC Profit Margin, ROE & Profitability Analysis
WKC vs Energy Sector: How World Kinect Corp. Compares
How World Kinect Corp. compares to Energy sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is World Kinect Corp. Stock Overvalued? WKC Valuation Analysis 2026
Based on fundamental analysis, World Kinect Corp. shows some fundamental concerns relative to the Energy sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
World Kinect Corp. Balance Sheet: WKC Debt, Cash & Liquidity
WKC Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: World Kinect Corp.'s revenue has grown significantly by 30% over the 5-year period, indicating strong business expansion. The most recent EPS of $0.86 reflects profitable operations.
WKC Revenue Growth, EPS Growth & YoY Performance
WKC Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $9.5B | -$21.1M | $-0.37 |
| Q3 2025 | $9.4B | $25.7M | $0.46 |
| Q2 2025 | $9.0B | $108.3M | $1.81 |
| Q1 2025 | $9.5B | -$21.1M | $-0.37 |
| Q3 2024 | $10.5B | $33.5M | $0.57 |
| Q2 2024 | $11.0B | $29.9M | $0.48 |
| Q1 2024 | $11.0B | $22.8M | $0.36 |
| Q3 2023 | $12.2B | $34.9M | $0.58 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
World Kinect Corp. Dividends, Buybacks & Capital Allocation
WKC SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for World Kinect Corp. (CIK: 0000789460)
📋 Recent SEC Filings
❓ Frequently Asked Questions about WKC
What is the AI rating for WKC?
World Kinect Corp. (WKC) has an AI rating of STRONG SELL with 85% confidence, based on fundamental analysis of SEC EDGAR filings.
What are WKC's key strengths?
Claude: Moderate leverage ratio of 0.66x debt-to-equity provides some balance sheet cushion. Positive net income of $26.2M maintains technical solvency despite operational challenges.
What are the risks of investing in WKC?
Claude: Negative operating cash flow of -$46.4M and negative free cash flow indicate structural operational issues and potential insolvency risk within 12-24 months. Extremely tight liquidity with current ratio of 1.05x and quick ratio of 0.87x leaves minimal buffer for disruptions or working capital swings.
What is WKC's revenue and growth?
World Kinect Corp. reported revenue of $9.7B.
Does WKC pay dividends?
World Kinect Corp. pays dividends, with $10.7M distributed to shareholders in the trailing twelve months.
Where can I find WKC SEC filings?
Official SEC filings for World Kinect Corp. (CIK: 0000789460) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is WKC's EPS?
World Kinect Corp. has a diluted EPS of $0.50.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is WKC a good stock to buy right now?
Based on our AI fundamental analysis in May 2026, World Kinect Corp. has a STRONG SELL rating with 85% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is WKC stock overvalued or undervalued?
Valuation metrics for WKC: ROE of 2.2% (sector avg: 14%), net margin of 0.3% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.
Should I buy WKC stock in 2026?
Our dual AI analysis gives World Kinect Corp. a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is WKC's free cash flow?
World Kinect Corp.'s operating cash flow is $-46.4M, with capital expenditures of $13.8M. FCF margin is -0.6%.
How does WKC compare to other Energy stocks?
Vs Energy sector averages: Net margin 0.3% (avg: 12%), ROE 2.2% (avg: 14%), current ratio 1.05 (avg: 1.3).