Is the business good?
How good a business is WKC?
World Kinect Corporation earns −21% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
−21%
Return on invested capital · cost of capital 9.0% · 30 points below what the capital costs: growth destroys value
- Operating margin
- −1.4%
Operating margin · Oil & Gas Refining & Marketing median 5.8% · 12 months to Q1 2026
- Share count, year on year
- −8.5%
Share count, year on year · bought back, each share owns more of the company
- Gross margin
- 2.7%
Gross margin
| Year | Operating margin |
|---|---|
| FY2020 | 0.68% |
| FY2021 | 0.46% |
| FY2022 | 0.46% |
| FY2023 | 0.42% |
| FY2024 | 0.50% |
| FY2025 | −1.5% |
Details›
- Gross margin12 months to Q1 2026
- 2.7%
- Operating margin12 months to Q1 2026
- −1.4%
- Net margin12 months to Q1 2026
- −1.5%
- Free cash flow margin
- 0.18%
- Revenue, trailing twelve months
- $37.1B
- Free cash flow, trailing twelve months
- $68M
- Net income, trailing twelve months
- −$567M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- −21%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Oil & Gas Refining & Marketing
Ranks #9 of 11 by Smart Score