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World Kinect Corp. (WKC) Stock Fundamental Analysis & AI Rating 2026

WKC NYSE Wholesale-Petroleum & Petroleum Products (No Bulk Stations) FL CIK: 0000789460
Recently Updated • Analysis: Apr 19, 2026 • SEC Data: 2025-12-31
STRONG SELL
85% Conf
Pending
Analysis scheduled

📊 WKC Key Takeaways

Revenue: $36.9B
Net Margin: -1.7%
Free Cash Flow: $227.3M
Current Ratio: 1.06x
Debt/Equity: 0.53x
EPS: $-10.99
AI Rating: STRONG SELL with 85% confidence
World Kinect Corp. (WKC) receives a STRONG SELL rating with 85% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $36.9B, net profit margin of -1.7%, and return on equity (ROE) of -47.3%, World Kinect Corp. demonstrates mixed fundamentals in the Energy sector. Below is our complete WKC stock analysis for 2026.

Is World Kinect Corp. (WKC) a Good Investment?

Claude

World Kinect is experiencing severe operational distress with a $564.7M operating loss and declining revenue (-12.5% YoY) despite $36.9B in sales, indicating fundamental business deterioration in a thin-margin petroleum wholesale sector. The company cannot cover interest from operations (interest coverage: -5.0x), faces liquidity tightness (quick ratio: 0.92x), and generates negative returns (ROE: -47.3%), creating significant financial stress despite positive free cash flow from working capital management.

Why Buy World Kinect Corp. Stock? WKC Key Strengths

Claude
  • + Positive free cash flow generation of $227.3M despite net losses, indicating some operational cash generation capability
  • + Moderate leverage at 0.53x debt-to-equity ratio avoids dangerous over-leverage
  • + Maintained positive gross profit of $947.8M demonstrating underlying business generates some margin

WKC Stock Risks: World Kinect Corp. Investment Risks

Claude
  • ! Operating loss of $564.7M with negative operating margin of -1.5% indicates core business is unprofitable
  • ! Revenue declined 12.5% year-over-year signaling market share loss or demand destruction in petroleum wholesale
  • ! Critical liquidity concern with quick ratio of 0.92x and cash of only $193.5M relative to $685.2M long-term debt, limiting financial flexibility
  • ! Interest coverage ratio of -5.0x means operating earnings cannot service debt, raising solvency risk
  • ! Negative ROE of -47.3% and ROA of -10.5% demonstrate severe capital inefficiency and shareholder value destruction

Key Metrics to Watch

Claude
  • * Quarterly operating income trend and path to operating profitability
  • * Revenue stabilization and any signs of market recovery in petroleum wholesale segment
  • * Free cash flow sustainability and working capital management given divergence from net income
  • * Debt reduction progress and leverage ratio trends given inability to cover interest from operations
  • * Quick ratio and cash position monitoring for potential liquidity crisis

World Kinect Corp. (WKC) Financial Metrics & Key Ratios

Revenue
$36.9B
Net Income
$-614.4M
EPS (Diluted)
$-10.99
Free Cash Flow
$227.3M
Total Assets
$5.9B
Cash Position
$193.5M

💡 AI Analyst Insight

The relatively thin 0.6% FCF margin may limit capital allocation flexibility.

WKC Profit Margin, ROE & Profitability Analysis

Gross Margin 2.6%
Operating Margin -1.5%
Net Margin -1.7%
ROE -47.3%
ROA -10.5%
FCF Margin 0.6%

WKC vs Energy Sector: How World Kinect Corp. Compares

How World Kinect Corp. compares to Energy sector averages

Net Margin
WKC -1.7%
vs
Sector Avg 12.0%
WKC Sector
ROE
WKC -47.3%
vs
Sector Avg 14.0%
WKC Sector
Current Ratio
WKC 1.1x
vs
Sector Avg 1.3x
WKC Sector
Debt/Equity
WKC 0.5x
vs
Sector Avg 0.6x
WKC Sector

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.

Return on Equity
-47.3%
Sector avg: 14%
Net Profit Margin
-1.7%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.53x
Sector avg: 0.6x

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

Current Ratio
1.06x
Quick Ratio
0.92x
Debt/Equity
0.53x
Debt/Assets
77.7%
Interest Coverage
-5.04x
Long-term Debt
$685.2M

WKC Revenue & Earnings Growth: 5-Year Financial Trend

WKC 5-year financial data: Year 2021: Revenue $36.8B, Net Income $178.9M, EPS $2.69. Year 2022: Revenue $59.0B, Net Income $109.6M, EPS $1.71. Year 2023: Revenue $59.0B, Net Income $73.7M, EPS $1.16. Year 2024: Revenue $59.0B, Net Income $114.1M, EPS $1.82. Year 2025: Revenue $47.7B, Net Income $52.9M, EPS $0.86.
Revenue
Net Income
EPS (right axis)

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

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
0.6%
Free cash flow / Revenue

WKC Quarterly Earnings & Performance

Quarterly financial performance data for World Kinect Corp. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
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
Q2 2023 $11.0B $24.4M $0.39

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

World Kinect Corp. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$292.9M
Cash generated from operations
Stock Buybacks
$85.0M
Shares repurchased (TTM)
Capital Expenditures
$65.6M
Investment in assets
Dividends Paid
$41.3M
Returned to shareholders

WKC SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for World Kinect Corp. (CIK: 0000789460)

📋 Recent SEC Filings

Date Form Document Action
Mar 31, 2026 4 xslF345X06/ownership.xml View →
Mar 31, 2026 4 xslF345X06/ownership.xml View →
Mar 31, 2026 4 xslF345X06/ownership.xml View →
Mar 17, 2026 4 xslF345X05/ownership.xml View →
Mar 17, 2026 4 xslF345X05/ownership.xml View →

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: Positive free cash flow generation of $227.3M despite net losses, indicating some operational cash generation capability. Moderate leverage at 0.53x debt-to-equity ratio avoids dangerous over-leverage.

What are the risks of investing in WKC?

Claude: Operating loss of $564.7M with negative operating margin of -1.5% indicates core business is unprofitable. Revenue declined 12.5% year-over-year signaling market share loss or demand destruction in petroleum wholesale.

What is WKC's revenue and growth?

World Kinect Corp. reported revenue of $36.9B.

Does WKC pay dividends?

World Kinect Corp. pays dividends, with $41.3M 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 $-10.99.

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 April 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 -47.3% (sector avg: 14%), net margin of -1.7% (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 $292.9M, with capital expenditures of $65.6M. FCF margin is 0.6%.

How does WKC compare to other Energy stocks?

Vs Energy sector averages: Net margin -1.7% (avg: 12%), ROE -47.3% (avg: 14%), current ratio 1.06 (avg: 1.3).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 19, 2026 | Data as of: 2025-12-31 | Powered by Claude AI