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World Kinect WKC Land — Other Cost and Expense, Operating

Other segment segments

Aviation
$12.3M+28.1%
Marine
$6.8M+28.3%

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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:OtherCostAndExpenseOperating.

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 itemAviationLandMarineTotal
Cost of revenue(7,751.5)(2,790.4)(2,684.1)(13,226.0)
Compensation and related costs(39.8)(29.5)(8.8)(78.0)
Incentive compensation(21.0)(5.0)(8.9)(34.8)
Corporate allocations (1)(12.3)(4.3)(6.8)(23.5)
Depreciation and amortization(5.2)(6.8)(0.3)(12.3)
Provision for credit losses(3.2)(4.0)(22.3)(29.6)
Goodwill and other asset impairments4.0(1.4)2.7
Restructuring and exit costs(0.6)(5.3)(0.1)(6.0)

Item 1. Financial Statements (Unaudited)

FAQ

What is World Kinect's land — other cost and expense, operating?
World Kinect (WKC) reported land — other cost and expense, operating of $4.3M in Q2 2026.
How has World Kinect's land — other cost and expense, operating changed year-over-year?
World Kinect's land — other cost and expense, operating increased by 13.2% year-over-year, from $3.8M to $4.3M.
What does land — other cost and expense, operating mean?
This encompasses miscellaneous operational expenditures within the Land segment that are not categorized as direct labor, depreciation, or specific impairment charges. It includes general administrative overhead, facility costs, and other day-to-day expenses necessary to maintain business continuity. This metric is useful for identifying trends in non-core operational spending and general cost control.

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