← WORLD KINECT CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||||
| Current assets: | |||||||||||
| Accounts receivable, net of allowance for credit losses of $15.6 million and $22.5 million as of December 31, 2025 and 2024, respectively | $2.3b | $2.7b | $2.7b | $2.9b | $1.2b | $2.4b | $3.3b | $2.7b | $2.4b | $2.2b | |
| Cash and Cash Equivalents, at Carrying Value | $698.6m | $372.3m | $211.7m | $186.1m | — | — | — | — | $382.9m | $193.5m | |
| Cash and cash equivalents | $698.6m | $372.3m | $211.7m | $186.1m | $658.8m | $652.2m | $298.4m | $304.3m | $382.9m | $193.5m | |
| Other current assets | $230.6m | $241.9m | $279.5m | $358.8m | $280.4m | $305.9m | $479.9m | $446.4m | $382.2m | $457.2m | |
| Prepaid expenses | $46.5m | $64.4m | $65.7m | $80.6m | $51.1m | $59.2m | $83.6m | $77.6m | $71.4m | $86.6m | |
| Inventory, Net | $458.0m | $505.0m | $523.1m | $593.3m | $344.3m | $477.9m | $779.9m | $664.6m | $513.5m | $454.2m | |
| Assets, Current | $3.8b | $3.9b | $4.0b | $4.2b | $2.6b | $4.0b | $5.2b | $4.5b | $4.0b | $3.5b | |
| Total current assets | $3.8b | $3.9b | $4.0b | $4.2b | $2.6b | $4.0b | $5.2b | $4.5b | $4.0b | $3.5b | |
| Property, Plant and Equipment, Net | $311.2m | $329.8m | $350.3m | $360.9m | $342.6m | $348.9m | $484.2m | $515.3m | $513.3m | $348.4m | |
| Goodwill | $835.8m | $845.5m | $852.7m | $843.7m | $858.6m | $861.9m | $1.2b | $1.2b | $1.2b | $737.5m | |
| Identifiable intangible assets, net | — | — | — | — | — | $189.1m | $336.2m | $299.7m | $261.2m | $311.7m | |
| Intangible Assets, Net (Excluding Goodwill) | $282.3m | $279.7m | $245.4m | $221.7m | $202.8m | $189.1m | $336.2m | $299.7m | $261.2m | $311.7m | |
| Operating Lease, Right-of-Use Asset | — | — | — | $153.7m | $140.8m | $150.6m | $188.5m | $180.5m | $172.5m | $156.2m | |
| Other Assets, Noncurrent | — | — | — | — | — | — | — | — | $816.4m | $965.9m | |
| Additional Financial Items | |||||||||||
| Accounts Receivable, after Allowance for Credit Loss, Current | $2.3b | $2.7b | $2.7b | $2.9b | $1.2b | $2.4b | $3.3b | $2.7b | $2.4b | $2.2b | |
| Accrued Liabilities, Current | $306.0m | $344.9m | $377.0m | $378.9m | $290.6m | $292.7m | $469.3m | $745.0m | $535.8m | $658.9m | |
| Accrued expenses and other current liabilities | $306.0m | $344.9m | $377.0m | $378.9m | $290.6m | $292.7m | $469.3m | $745.0m | $535.8m | $658.9m | |
| Capital in excess of par value | $399.9m | $354.9m | $340.4m | $274.7m | $204.6m | $168.1m | $182.4m | $109.6m | $30.0m | $0 | |
| Other non-current assets | — | — | — | — | — | $522.8m | $873.2m | $818.6m | $816.4m | $965.9m | |
| Short-term derivative assets, net | $58.9m | $51.1m | $155.2m | $59.5m | $66.4m | $169.2m | $302.1m | $275.4m | $176.5m | $100.5m | |
| Short-term derivative liabilities, net | — | — | — | — | $50.9m | $168.4m | $325.2m | $128.2m | $91.5m | $52.7m | |
| Total World Kinect shareholders' equity | $1.9b | $1.7b | $1.8b | $1.9b | $1.9b | $1.9b | $2.0b | $1.9b | $1.9b | $1.3b | |
| Total equity | $1.9b | $1.7b | $1.8b | $1.9b | $1.9b | $1.9b | $2.0b | $1.9b | $2.0b | $1.3b | |
| Assets | $5.4b | $5.6b | $5.7b | $6.0b | $4.5b | $5.9b | $8.2b | $7.4b | $6.7b | $5.9b | |
| Total assets | $5.4b | $5.6b | $5.7b | $6.0b | $4.5b | $5.9b | $8.2b | $7.4b | $6.7b | $5.9b | |
| LIABILITIES AND EQUITY | |||||||||||
| Current liabilities: | |||||||||||
| Accounts Payable, Current | $1.8b | $2.2b | $2.4b | $2.6b | $1.2b | $2.4b | $3.5b | $3.1b | $2.7b | $2.6b | |
| Current maturities of long-term debt | $15.4m | $25.6m | $41.1m | $54.1m | $22.9m | $30.6m | $15.8m | $78.8m | $84.0m | $11.9m | |
| Dividends Payable | $4.1m | $4.0m | $4.0m | $6.5m | $6.3m | $7.4m | — | — | $9.7m | $10.7m | |
| Operating Lease, Liability, Current | — | — | — | $35.6m | $33.2m | $31.1m | $35.9m | $32.2m | $32.1m | $28.2m | |
| Operating Lease, Liability, Noncurrent | — | — | — | $124.7m | $124.3m | $133.8m | $164.2m | $157.9m | $144.1m | $132.7m | |
| Liabilities, Current | $2.2b | $2.7b | $2.9b | $3.2b | $1.7b | $3.1b | $4.6b | $4.0b | $3.4b | $3.3b | |
| Total current liabilities | $2.2b | $2.7b | $2.9b | $3.2b | $1.7b | $3.1b | $4.6b | $4.0b | $3.4b | $3.3b | |
| Deferred Income Tax Liabilities, Net | — | — | $44.8m | $54.1m | — | — | — | — | — | — | |
| Long-term debt | $1.2b | $884.6m | $659.9m | $574.7m | $501.8m | $478.1m | $829.9m | $809.1m | $796.8m | $685.2m | |
| Other Liabilities, Noncurrent | — | $44.2m | $54.9m | $151.3m | $186.1m | $236.8m | $522.5m | $566.9m | $541.2m | $560.4m | |
| Other long-term liabilities | $34.5m | $44.2m | $54.9m | $151.3m | $186.1m | $236.8m | $522.5m | $566.9m | $541.2m | $560.4m | |
| Deferred Tax Liabilities, Net | — | $31.7m | $33.4m | $34.0m | $20.2m | $15.5m | $9.9m | $0 | $0 | $0 | |
| Liabilities | $3.5b | $3.8b | $3.8b | $4.1b | $2.6b | $4.0b | $6.2b | $5.4b | $4.8b | $4.6b | |
| Total liabilities | $3.5b | $3.8b | $3.8b | $4.1b | $2.6b | $4.0b | $6.2b | $5.4b | $4.8b | $4.6b | |
| Stockholders’ equity: | |||||||||||
| Accumulated Other Comprehensive Income (Loss), Net of Tax | ($154.8m) | ($126.5m) | ($131.7m) | ($146.3m) | ($132.6m) | ($136.7m) | ($160.6m) | ($148.9m) | ($91.0m) | ($17.3m) | |
| Accumulated other comprehensive income (loss) | ($154.8m) | ($126.5m) | ($131.7m) | ($146.3m) | ($132.6m) | ($136.7m) | ($160.6m) | ($148.9m) | ($91.0m) | ($17.3m) | |
| Additional Paid in Capital, Common Stock | $399.9m | $354.9m | $340.4m | $274.7m | $204.6m | $168.1m | $182.4m | $109.6m | $30.0m | $0 | |
| Common Stock, Value, Issued | $700k | $700k | $700k | $700k | $600k | $600k | $600k | $600k | $600k | $500k | |
| Common stock, $0.01 par value; 100.0 shares authorized, 54.1 and 56.7 issued and outstanding as of December 31, 2025 and 2024, respectively | 700k | 700k | 700k | 700k | 600k | 600k | 600k | 600k | 600k | 500k | |
| Preferred Stock, Value, Issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Preferred stock, $1.00 par value; 0.1 shares authorized, none issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Retained Earnings (Accumulated Deficit) | $1.7b | $1.5b | $1.6b | $1.8b | $1.8b | $1.9b | $2.0b | $2.0b | $2.0b | $1.3b | |
| Stockholders' Equity Attributable to Parent | $1.9b | $1.7b | $1.8b | $1.9b | $1.9b | $1.9b | $2.0b | $1.9b | $1.9b | $1.3b | |
| Noncontrolling interest | $15.0m | $16.0m | $16.1m | $3.5m | $3.6m | $4.1m | $5.9m | $6.7m | $7.2m | $8.8m | |
| Stockholders' Equity Attributable to Noncontrolling Interest | $15.0m | $16.0m | $16.1m | $3.5m | $3.6m | $4.1m | $5.9m | $6.7m | $7.2m | $8.8m | |
| Liabilities and Equity | $5.4b | $5.6b | $5.7b | $6.0b | $4.5b | $5.9b | $8.2b | $7.4b | $6.7b | $5.9b | |
| Total liabilities and equity | $5.4b | $5.6b | $5.7b | $6.0b | $4.5b | $5.9b | $8.2b | $7.4b | $6.7b | $5.9b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.