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World Kinect WKC Marine — 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 marine — restructuring and exit costs?
World Kinect (WKC) reported marine — restructuring and exit costs of $2.1M in Q1 2026.
How has World Kinect's marine — restructuring and exit costs changed year-over-year?
World Kinect's marine — restructuring and exit costs increased by 425.0% year-over-year, from $400K to $2.1M.
What does marine — restructuring and exit costs mean?
This metric captures expenses related to organizational changes, facility closures, or the exit of specific business lines within the marine segment. It reflects management's efforts to optimize the segment's cost structure and strategic focus in response to changing market conditions.