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World Kinect WKC Land — D&A

Other segment segments

Aviation
$8.7M+19.2%
Marine
$800K0.0%

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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$1.9B+36.3%
Enterprise value$2.52B+36.0%
P/S0.1×0.0×

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:DepreciationDepletionAndAmortization.

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 itemAviationLandMarineSegment TotalCorporate - UnallocatedConsolidated
Depreciation and amortization (1)$8.7$8.9$0.8$18.4$1.8$20.2
Capital expenditures10.31.40.512.11.713.8
For the Six Months Ended June 30, 2026
AviationLandMarineSegment TotalCorporate - UnallocatedConsolidated
Depreciation and amortization (1)$17.1$17.7$1.6$36.4$3.8$40.2
Capital expenditures17.46.01.124.53.127.6

Item 1. Financial Statements (Unaudited)

FAQ

What is World Kinect's land — D&A?
World Kinect (WKC) reported land — D&A of $8.9M in Q2 2026.
How has World Kinect's land — D&A changed year-over-year?
World Kinect's land — D&A decreased by 36.4% year-over-year, from $14M to $8.9M.
What is the long-term trend for World Kinect's land — D&A?
Over 4 years (2021 to 2025), World Kinect's land — D&A has grown at a 10.0% compound annual growth rate (CAGR), from $39M to $57.1M.
What does land — D&A mean?
This metric represents the non-cash expense allocated to the Land segment for the systematic reduction in the value of tangible and intangible assets over their useful lives. It reflects the consumption of capital investments required to support land-based energy distribution and logistics operations. Monitoring this helps investors understand the capital intensity and asset replacement cycle of the segment.

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