| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 54 | — | 17.3x | Around median | |
Growth | 21 | 7.6% | 7.1% | Bottom tier | |
Quality | 15 | -3.1% | 4.5% | Bottom tier | |
Safety | 50 | 21.7x | 2.6x | Around median | |
Capital Return | 95 | 2.28% | 0.06% | Top tier | |
Momentum | 95 | 42.2% | -1.6% | Top tier | |
Sentiment | 32 | 3 | 3 | Bottom tier |
10-year US Treasury yield 4.96% as of 2026-10-22. Estimates computed from company data and analyst targets, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
World Kinect Corporation operates through three main segments: Aviation, Marine, and Land, generating revenue from fuel distribution and resale and supply management, along with aviation services that are not directly tied to fuel volumes. Aviation benefits from jet fuel distribution, physical inventory activities, and the Universal Trip Support platform, while Marine relies on marine fuel resale and physical supply locations. Following the sale of its tank-wagon fuel delivery and lubricants businesses on June 1, 2026, Land became more focused on cardlock and retail, with approximately 3,100 retail customers versus about 2,900 a year earlier.
In fiscal Q2 2026, the financial statements reported revenue of $13.6 billion, gross profit of $365.1 million, net income of $48.4 million, and earnings per share of $0.94. These results represent a gross margin of approximately 2.7% and a net income margin of approximately 0.4%. On the adjusted basis presented by management, gross profit reached $350 million, up 50% year over year, while adjusted earnings per share reached $1.29, the highest quarterly level in the company’s history.
Adjusted gross profit in fiscal Q2 2026 was distributed among $208 million for Aviation, $80 million for Marine, and $62 million for Land, representing approximately 59%, 23%, and 18% of the total, respectively. Aviation and Marine generated record quarterly gross profits despite lower volumes, while Land operating income rose to $20 million from $1 million a year earlier, with its operating margin exceeding 32% of gross profit. However, the fiscal 2025 statements show a net loss of $614.4 million, while one trailing twelve-month period in fiscal 2026 shows a net loss of $179.4 million, illustrating the substantial gap between quarterly improvement and cumulative profitability under GAAP.
The analyst consensus on WKC is “Neutral,” with an average price target of $30 and identical high and low targets of $30, meaning there is no diverse estimate range on which to rely. The consensus target is approximately 35% above the 52-week range low of $22.21, but approximately 27% below its high of $41.20. No positive price-to-earnings multiple is available because of cumulative losses under GAAP, so the valuation depends more heavily on the sustainability of adjusted earnings per share guidance of $3.20–$3.40 for fiscal 2026 and the extent to which Aviation and Marine earnings normalize after the exceptional conditions.
Figures in the text are as of 2026-09-01; the live price is shown at the top of the page.
World Kinect benefited from higher fuel prices and volatility associated with the Middle East conflict, particularly in Aviation and Marine. Adjusted gross profit rose 50% year over year to $350 million, while adjusted earnings per share reached a record $1.29. Aviation generated gross profit of $208 million and Marine approximately $80 million despite lower volumes. Management emphasized during the July 23, 2026 call that this quarter was exceptional and did not represent a normal operating run rate.
The company raised its adjusted earnings per share range for fiscal 2026 to $3.20–$3.40 from $2.65–$2.85. The increase primarily reflects earnings achieved in the first half and expectations for strong performance during the remainder of the year. However, the guidance assumes more moderate performance in the second half and does not assume a repeat of the exceptional market conditions of fiscal Q2 2026. Management expects Aviation and Marine gross profit to rise year over year in fiscal Q3 2026, while declining sequentially from the previous quarter.
Automated analysis for informational purposes only — not investment advice.
The Universal Trip Support transaction closed in fiscal Q4 2025 and helped build a broader Aviation platform alongside fuel distribution. Services not tied to fuel volumes represented approximately 18% of Aviation gross profit in fiscal Q2 2026. The contribution from the services business more than doubled year over year, and its performance was broadly consistent with management’s expectations at the beginning of the year. Aviation recorded gross profit of $208 million despite a 5% volume decline to 1.8 billion gallons.
On June 1, 2026, World Kinect completed the sale of its tank-wagon fuel delivery and lubricants businesses, receiving approximately $85 million in cash. Land operating income reached $20 million in fiscal Q2 2026, compared with $1 million a year earlier, while its operating margin reached more than 32% of gross profit. Cardlock and retail became the core of the portfolio, and the number of retail customers increased to approximately 3,100 from about 2,900 a year earlier. Management expects Land to generate approximately twice the operating income recorded in fiscal 2025 during fiscal 2026.
Operating cash flow used approximately $21 million, and free cash flow used approximately $35 million in fiscal Q2 2026 because of higher commodity prices and working capital requirements. Net interest expense rose 90% year over year to $31 million as average borrowings increased. The company also increased its bad-debt provision because of higher credit exposures and a specific customer that sought protection from creditors. Management said the overall credit portfolio remained sound, but acknowledged that recovering more than $200 million of working capital during the remainder of the year would be difficult.