What is World Kinect's marine — restructuring reserve?

World Kinect (WKC) reported marine — restructuring reserve of $2.4M in Q1 2026.

How has World Kinect's marine — restructuring reserve changed year-over-year?

World Kinect's marine — restructuring reserve increased by 700.0% year-over-year, from $300K to $2.4M.

What does marine — restructuring reserve mean?

Represents the liability set aside to cover future costs associated with organizational changes, such as workforce reductions or facility closures within the Marine segment. It indicates the magnitude of planned operational shifts and potential future cash outflows related to restructuring.

World Kinect WKC Marine — Restructuring Reserve

Other segment segments

Land

$27.7M+386%

Aviation

$2.7M+68.8%

Similar metrics at other companies

MTRNOther — Restructuring Reserve

$104K-66.5%

CEOther — Restructuring Reserve

$8M-38.5%

HLFOthers — Restructuring Reserve

$0—

TNLRestructuring Reserve

$18M+5.9%

KMTRestructuring Reserve

$20M+80.3%

ATKRRestructuring Reserve

$2.09M—

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

See full

Return on equity-36.3%—

Debt / equity0.7×+0.2×

Current ratio1×-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 marine — restructuring reserve?: World Kinect (WKC) reported marine — restructuring reserve of $2.4M in Q1 2026.
How has World Kinect's marine — restructuring reserve changed year-over-year?: World Kinect's marine — restructuring reserve increased by 700.0% year-over-year, from $300K to $2.4M.
What does marine — restructuring reserve mean?: Represents the liability set aside to cover future costs associated with organizational changes, such as workforce reductions or facility closures within the Marine segment. It indicates the magnitude of planned operational shifts and potential future cash outflows related to restructuring.