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World Kinect WKC Marine — Payments for Restructuring

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$8.3M+337%
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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:PaymentsForRestructuring.

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 itemAviationLandMarineCorporateConsolidated
Accrued charges as of December 31, 2025$3.3$31.6$1.2$10.5$46.6
Restructuring and exit activity charges1.05.42.26.314.9
Paid during the period(2.1)(14.0)(1.8)(8.9)(26.8)
Accrued charges as of June 30, 2026$2.1$23.0$1.6$8.0$34.7

Item 1. Financial Statements (Unaudited)

FAQ

What is World Kinect's marine — payments for restructuring?
World Kinect (WKC) reported marine — payments for restructuring of $900K in Q2 2026.
What does marine — payments for restructuring mean?
Tracks the actual cash outflows incurred by the Marine segment to execute restructuring initiatives. This metric helps investors assess the cash impact of strategic realignments and the progress made in completing planned organizational changes.

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