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World Kinect WKC Land — Operating Income (Loss)

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Other financials

Income statement

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Revenue$9.7B+2.5%
Gross profit$271.2M+17.7%
Operating income$56.3M+953%
Net income$26.2M+224%
EPS (diluted)$0.50+235%

Balance sheet

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Cash & equivalents$151.1M-66.9%
Total debt$807.9M-16.3%
Total equity$1.2B-37.3%
Total assets$6.8B+3.2%

Cash flow

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Operating cash flow-$46.4M-141%
CapEx$13.8M-9.2%
Free cash flow-$60.2M-161%

Valuation

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Market cap$1.64B-26.5%
Enterprise value$2.3B-13.2%
P/S0.0×

Profitability

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Gross margin2.7%+0.2pp
Operating margin-1.4%-1.7pp
Net margin-1.5%
FCF margin0.2%

Returns & leverage

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Return on equity-36.3%
Debt / equity0.7×+0.2×
Current ratio-0.1×

Where this comes from

Reported directly by World Kinect in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The official record: World Kinect’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is World Kinect's land — operating income (loss)?
World Kinect (WKC) reported land — operating income (loss) of $2.2M in Q1 2026.
How has World Kinect's land — operating income (loss) changed year-over-year?
World Kinect's land — operating income (loss) increased by 104.9% year-over-year, from -$45.3M to $2.2M.
What is the long-term trend for World Kinect's land — operating income (loss)?
Over 3 years (2021 to 2025), World Kinect's land — operating income (loss) has grown at a 149.5% compound annual growth rate (CAGR), from $44.6M to -$692.7M.
What does land — operating income (loss) mean?
This is the primary measure of profitability for the Land segment, calculated as revenue minus all operating costs, including labor, depreciation, and impairments. It reflects the core operational health and efficiency of the segment's business activities before interest and taxes. A consistent operating income is essential for demonstrating the segment's ability to generate sustainable value from its energy management services.