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World Kinect WKC Noncontrolling interests in subsidiaries

Noncontrolling interests in subsidiaries at other companies

Clean Energy Fuels logo
Clean Energy FuelsCLNE
$5.35M-11.2%
Marathon Petroleum logo
Marathon PetroleumMPC
$6.67B+0.1%
MarineMax logo
MarineMaxHZO
$11.42M+5.8%

Other financials

Income statement

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Revenue$13.6B+50.3%
Gross profit$365.2M+57.1%
Operating income$96.1M+128%
Net income$48.4M+114%
EPS (diluted)$0.94+116%

Balance sheet

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Cash & equivalents$135.3M-66.4%
Total debt$754.1M-12.5%
Total equity$1.3B-21.3%
Total assets$6.6B+9.0%

Cash flow

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Operating cash flow-$21.3M-176%
CapEx$13.8M-8.0%
Free cash flow-$35.1M-364%

Valuation

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Market cap$1.86B+33.9%
Enterprise value$2.48B+34.2%
P/S0.0×

Profitability

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Gross margin2.7%+0.1pp
Operating margin-0.1%-0.1pp
Net margin-0.4%
FCF margin0%

Returns & leverage

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Return on equity-12.6%
Debt / equity0.6×+0.1×
Current ratio1.1×-0.1×

Where this comes from

Reported directly by World Kinect in its filing.

Tagged under the XBRL concept us-gaap:MinorityInterest.

The source filing: World Kinect’s 10-Q, filed July 24, 2026.

Filed
Jul 24, 2026, 4:13 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q3 2026
Accession
0000789460-26-000040
Line itemJune 30, 2026December 31, 2025
Common stock, $0.01 par value; 100.0 shares authorized, 51.2 and 54.1 issued and outstanding as of June 30, 2026 and December 31, 2025, respectively0.50.5
Capital in excess of par value
Retained earnings1,289.81,315.9
Accumulated other comprehensive income (loss)(32.7)(17.3)
Total World Kinect shareholders' equity1,257.61,299.1
Noncontrolling interest9.58.8
Total equity1,267.11,307.9
Total liabilities and equity$6,598.9$5,863.9

Item 1. Financial Statements (Unaudited)

FAQ

What is World Kinect's noncontrolling interests in subsidiaries?
World Kinect (WKC) reported noncontrolling interests in subsidiaries of $9.5M in Q2 2026.
How has World Kinect's noncontrolling interests in subsidiaries changed year-over-year?
World Kinect's noncontrolling interests in subsidiaries increased by 53.2% year-over-year, from $6.2M to $9.5M.
What is the long-term trend for World Kinect's noncontrolling interests in subsidiaries?
Over 5 years (2020 to 2025), World Kinect's noncontrolling interests in subsidiaries has grown at a 19.6% compound annual growth rate (CAGR), from $3.6M to $8.8M.
What does noncontrolling interests in subsidiaries mean?
This represents the portion of a subsidiary's net assets that is owned by outside shareholders rather than the parent company. It is reported within equity to show the total value of the subsidiary's assets and liabilities that are not attributable to the parent. It reflects the non-controlling stake in consolidated entities.

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