# WORLD KINECT CORPORATION (WKC) · Edgar & Edgarette company card

> World Kinect (WKC) saw revenue fall 12.5% in FY2025 to $36.9 billion, operating margin -1.5% against a 1.4% median for petroleum & petroleum products (no bulk stations), equity 22.2% of assets, and dividend per share up 7 years running. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 789460 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/WKC) · [JSON](https://www.pops4.com/boards/company/WKC.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $36.9B |
| Revenue growth, 1 year | -12.5% |
| Revenue growth per year | 4.2% |
| Operating margin | -1.5% (prior year 0.5%) |
| Net margin | -1.7% |
| Operating cash flow | $293M |
| Capital spending | $66M |
| Free cash flow | $227M |
| Cash | $194M |
| Long-term debt | $697M |
| Total assets | $5.9B |
| Total equity | $1.3B |
| Equity ÷ assets | 22.2% |
| Return on equity | -47.3% |
| Dividend per share | $0.77 |
| Dividend years rising | 7 |

## Readings, computed from those figures

- Altman Z: 0.6 (distress zone)
- Piotroski F: 6 of 9 (solid)
- Health Harbor boat: Old boat · three warning signs · slow and jumpy: growing slower than its size class, with revenue that swings more; operating loss: a margin of -1.5% in FY2025; revenue is hard to predict: its 80% range is ±37%
- Cash Compass: Fading · slow and jumpy, lagging its peers

## Edgarette's reading

Exposure: revenue $36.9B (FY2025), total debt $697.1M. Experience: revenue down 12.5% on the year, up 4.2% a year over 4 years; operating margin -1.5%, down from 0.5%. Soundness: equity 22.2% of assets, return on equity -47.3%, dividend per share up 7 years running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $20.7B and $44.9B next year (method v4.1: its own 4-year record of growth weighed at 50% against $10B+ filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $14.7B to $61.2B. A statistical range, not company guidance. Against peers (30 filers, $50M+ revenue, its industry group): operating margin -1.5% against a 1.4% median; growth -12.5% against 0.9%.

Range logged 2026-09-24, receipt 8c408e75d64158bf, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 2, latest 2026-09-17 ([filing](https://www.sec.gov/Archives/edgar/data/789460/000078946026000046/0000789460-26-000046-index.htm))

## Recent filings

- 10-Q · filed 2026-10-30 · [filing](https://www.sec.gov/Archives/edgar/data/789460/000078946026000059/0000789460-26-000059-index.htm)
- 8-K · filed 2026-10-29 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/789460/000078946026000054/0000789460-26-000054-index.htm)
- 8-K · filed 2026-09-17 · 5.02 Departure or Election of Directors; Appointment of Officers; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/789460/000078946026000046/0000789460-26-000046-index.htm)
- 10-Q · filed 2026-07-24 · [filing](https://www.sec.gov/Archives/edgar/data/789460/000078946026000040/0000789460-26-000040-index.htm)
- 8-K · filed 2026-07-23 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/789460/000078946026000035/0000789460-26-000035-index.htm)
- 8-K · filed 2026-07-02 · 5.07 Submission of Matters to a Vote of Security Holders; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/789460/000119312526294559/0001193125-26-294559-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0000789460.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=789460

## Cite

POPS4, Edgar & Edgarette: WORLD KINECT CORPORATION (WKC) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/WKC. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.

