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World Kinect WKC Land — Restructuring and exit costs

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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:RestructuringCharges.

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 — restructuring and exit costs?
World Kinect (WKC) reported land — restructuring and exit costs of $1.7M in Q1 2026.
How has World Kinect's land — restructuring and exit costs changed year-over-year?
World Kinect's land — restructuring and exit costs decreased by 76.7% year-over-year, from $7.3M to $1.7M.
What does land — restructuring and exit costs mean?
This includes expenses related to organizational changes, such as severance, facility closures, or the divestiture of business units within the Land segment. These costs are typically incurred to improve long-term operational efficiency or to pivot the business strategy. Tracking these charges helps investors evaluate the cost of transformation and the potential for future margin improvement.