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World Kinect WKC Land — Payments for Restructuring

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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$1.62B-26.5%

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:PaymentsForRestructuring.

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 — payments for restructuring?
World Kinect (WKC) reported land — payments for restructuring of $5.7M in Q1 2026.
How has World Kinect's land — payments for restructuring changed year-over-year?
World Kinect's land — payments for restructuring increased by 72.7% year-over-year, from $3.3M to $5.7M.
What is the long-term trend for World Kinect's land — payments for restructuring?
Over 2 years (2023 to 2025), World Kinect's land — payments for restructuring has grown at a 419.6% compound annual growth rate (CAGR), from $300K to $8.1M.
What does land — payments for restructuring mean?
This metric tracks the actual cash disbursements made to execute restructuring initiatives within the Land segment. It provides transparency into the timing and magnitude of cash outflows associated with strategic downsizing or operational realignment. Comparing this to the restructuring reserve helps assess the progress and completion of cost-saving programs.