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World Kinect WKC Land — Other Cost and Expense, Operating

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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:OtherCostAndExpenseOperating.

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 — other cost and expense, operating?
World Kinect (WKC) reported land — other cost and expense, operating of $4.7M in Q1 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 17.5% year-over-year, from $4M to $4.7M.
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.