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World Kinect WKC Land — Restructuring Reserve

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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:RestructuringReserve.

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 reserve?
World Kinect (WKC) reported land — restructuring reserve of $27.7M in Q1 2026.
How has World Kinect's land — restructuring reserve changed year-over-year?
World Kinect's land — restructuring reserve increased by 386.0% year-over-year, from $5.7M to $27.7M.
What does land — restructuring reserve mean?
This metric represents the accrued liability for costs associated with planned restructuring activities, such as severance, facility closures, or contract terminations within the Land segment. It reflects management's commitment to optimizing operational efficiency and cost structures. Tracking this reserve helps investors anticipate future cash outflows related to organizational changes.