World Kinect (NYSE:WKC) Issues Earnings Results, Beats Expectations By $0.54 EPS

Posted by Stanley Muller on Jul 23rd, 2026

World Kinect (NYSE:WKC – Get Free Report) announced its quarterly earnings data on Thursday. The company reported $1.29 EPS for the quarter, topping analysts’ consensus estimates of $0.75 by $0.54, Zacks reports. World Kinect had a positive return on equity of 8.27% and a negative net margin of 1.53%.The company had revenue of $13.59 billion during the quarter, compared to the consensus estimate of $10.50 billion. World Kinect updated its FY 2026 guidance to 3.200-3.400 EPS.

Here are the key takeaways from World Kinect’s conference call:

World Kinect reported a record quarterly adjusted EPS of $1.29 and record consolidated gross profit of $350 million, reflecting both favorable market conditions and strong execution.
Aviation delivered an all-time quarterly gross profit record of $208 million, helped by elevated fuel price movements and the contribution from the Universal Trip Support acquisition.
Marine posted its strongest quarter ever, with gross profit nearly tripling year over year to $80 million as volatility and bunker fuel pricing created favorable trading opportunities.
Land profitability improved sharply after portfolio simplification, with operating income rising to $20 million from $1 million a year ago and the company saying it is on track to roughly double 2025 operating income in 2026.
Management raised full-year 2026 adjusted EPS guidance to $3.20-$3.40 from $2.65-$2.85, but cautioned that the second half is expected to be less exceptional than the record first half and that recent market volatility may not persist.

World Kinect Price Performance

Shares of WKC traded up $0.10 on Thursday, hitting $36.39. The company’s stock had a trading volume of 1,470,501 shares, compared to its average volume of 922,608. The company has a market capitalization of $1.87 billion, a PE ratio of -3.56, a PEG ratio of 0.75 and a beta of 1.19. World Kinect has a fifty-two week low of $22.21 and a fifty-two week high of $37.88. The company has a 50 day moving average price of $31.88 and a 200 day moving average price of $27.60. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.05 and a quick ratio of 0.87.

World Kinect Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 16th. Stockholders of record on Tuesday, June 30th were issued a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend was Tuesday, June 30th. This is an increase from World Kinect’s previous quarterly dividend of $0.20. World Kinect’s dividend payout ratio (DPR) is presently -9.01%.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Weiss Ratings raised shares of World Kinect from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, June 29th. Zacks Research downgraded World Kinect from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 2nd. Wall Street Zen upgraded World Kinect from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Finally, Morgan Stanley increased their target price on World Kinect from $26.00 to $28.00 and gave the stock an “underweight” rating in a report on Tuesday. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $30.50.

Read Our Latest Analysis on World Kinect

Insiders Place Their Bets

In other World Kinect news, Director Richard A. Kassar sold 10,000 shares of World Kinect stock in a transaction on Monday, May 11th. The stock was sold at an average price of $26.97, for a total value of $269,700.00. Following the completion of the transaction, the director owned 53,812 shares in the company, valued at approximately $1,451,309.64. The trade was a 15.67% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Michael John Kroll sold 2,100 shares of the business’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $27.30, for a total value of $57,330.00. Following the completion of the transaction, the chief accounting officer directly owned 10,390 shares in the company, valued at approximately $283,647. This represents a 16.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 132,928 shares of company stock worth $3,983,065. 3.80% of the stock is owned by company insiders.

Institutional Investors Weigh In On World Kinect

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Aquatic Capital Management LLC acquired a new position in shares of World Kinect during the third quarter worth approximately $61,000. Aster Capital Management DIFC Ltd raised its position in World Kinect by 977.9% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 2,630 shares of the company’s stock worth $62,000 after purchasing an additional 2,386 shares during the last quarter. Raymond James Financial Inc. bought a new position in World Kinect in the 2nd quarter worth approximately $96,000. Tower Research Capital LLC TRC boosted its position in World Kinect by 72.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 6,021 shares of the company’s stock valued at $171,000 after buying an additional 2,534 shares during the last quarter. Finally, Corient Private Wealth LLC acquired a new stake in shares of World Kinect in the 2nd quarter valued at $214,000. Institutional investors and hedge funds own 97.06% of the company’s stock.

World Kinect Company Profile

(Get Free Report)

World Kinect Energy Services, Inc (NYSE: WKC) is a global energy services company specializing in fuel procurement, supply chain management and risk mitigation solutions. The company offers an integrated platform that facilitates the sourcing, trading and logistics of refined fuels, natural gas, liquefied natural gas (LNG) and renewable energy products. Its services are designed to help industrial, commercial and institutional clients optimize energy costs, comply with environmental regulations and manage price volatility.

In addition to traditional commodity trading and delivery, World Kinect provides a suite of value-added services that include carbon offset and decarbonization strategies, energy efficiency consulting and emissions reporting.