Core Insights - World Kinect (WKC) reported a revenue of $9.03 billion for the quarter ended December 2025, reflecting a year-over-year decline of 7.5% and an EPS of $0.30 compared to $0.62 a year ago [1] - The reported revenue fell short of the Zacks Consensus Estimate of $9.22 billion, resulting in a surprise of -2.12%, while the EPS surprise was -36.17% against a consensus estimate of $0.47 [1] Financial Performance Metrics - The company’s performance metrics indicate a decline in operational income across various segments: - Land: Income loss of $292.2 million compared to an average estimate of $12.35 million [4] - Aviation: Income of $54.2 million versus an average estimate of $69.35 million [4] - Marine: Income of $7 million compared to an average estimate of $9.47 million [4] - Volume metrics also showed discrepancies with: - Land volume at 1,392.70 million gallons against an average estimate of 1,412.81 million gallons [4] - Aviation volume at 1,763.10 million gallons compared to an average estimate of 1,771.94 million gallons [4] Stock Performance - Over the past month, shares of World Kinect have returned -0.8%, aligning with the Zacks S&P 500 composite's -0.8% change, and the stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]

分组1 - World Kinect reported quarterly earnings of $0.3 per share, missing the Zacks Consensus Estimate of $0.47 per share, and down from $0.62 per share a year ago, representing an earnings surprise of -36.17% [1] - The company posted revenues of $9.03 billion for the quarter ended December 2025, missing the Zacks Consensus Estimate by 2.12%, and down from $9.76 billion year-over-year [2] - World Kinect has not surpassed consensus revenue estimates over the last four quarters [2] 分组2 - The stock has gained approximately 12.8% since the beginning of the year, outperforming the S&P 500's gain of 0.5% [3] - The current consensus EPS estimate for the coming quarter is $0.35 on revenues of $8.98 billion, and for the current fiscal year, it is $2.41 on revenues of $37.47 billion [7] - The Oil and Gas - Refining and Marketing industry is currently in the bottom 15% of the Zacks industries, indicating potential challenges for stocks in this sector [8]

Financial Data and Key Metrics Changes - The fourth quarter consolidated volume was 4.2 billion gallons, down 5% year-over-year, with full-year volume totaling 16.9 billion gallons, down approximately 4% [16] - Fourth quarter gross profit was $235 million, down 9% year-over-year, and full-year gross profit was $948 million, down 8% from 2024 [16][17] - Total non-GAAP adjustments in the fourth quarter were $325 million, with significant impairments primarily within the land segment [15] Business Line Data and Key Metrics Changes - Aviation volumes in the fourth quarter were 1.8 billion gallons, down 5% year-over-year, but gross profit increased approximately 8% to $130 million due to the Universal Trip Support acquisition [17][18] - Land volumes declined 9% year-over-year in the fourth quarter, with gross profit down 32% to $71 million, driven by unfavorable market conditions and exit activities [20][21] - Marine volumes were approximately 4.1 million metric tons in the fourth quarter, flat year-over-year, while gross profit increased 2% to $35 million [23] Market Data and Key Metrics Changes - The company is focusing on North America for its land business, emphasizing higher margin activities such as cardlock and retail, as well as natural gas [8][10] - The exit from European power and energy management businesses shifts focus to core areas that deliver consistent profitability [10] Company Strategy and Development Direction - The company is reshaping its portfolio to concentrate on businesses that deliver attractive and predictable returns, enhancing financial discipline and operational efficiency [6][12] - The acquisition of Universal Weather and Aviation's trip support services is expected to strengthen the company's role in global aviation services [7] - The strategic shift in the land segment aims to enhance returns and improve profitability, with a focus on cardlock, retail, and natural gas [22] Management's Comments on Operating Environment and Future Outlook - Management acknowledges that the fourth quarter performance fell short of expectations due to competitive pressures and underperformance in certain business lines [12] - The outlook for 2026 reflects confidence in the structural changes made, aiming for more consistent performance and growth in core businesses [13][30] - Management expects adjusted EPS for 2026 to be in the range of $2.20-$2.40, indicating solid year-over-year growth [27] Other Important Information - The company generated $34 million of operating cash flow and $13 million of free cash flow in the fourth quarter, with full-year free cash flow totaling $227 million [28] - An incremental $150 million share repurchase authorization was approved, reflecting confidence in the business [29] Q&A Session Summary Question: Impact of Universal Trip acquisition and tank wagon business sale - The Universal Trip Support business is expected to contribute approximately $70 million in gross profit for 2026, while the tank wagon business exit will shed about 1 billion gallons of volume [34][36] Question: Seasonality in land business after exiting European operations - The seasonality in the land business is expected to improve, with the main seasonality now related to aviation demand [41][42] Question: New model for managing fuel operations with independent operators - The new hybrid model allows for better cash flow and higher margins, with opportunities for growth in the convenience store space [46][47] Question: Competitive pressure in aviation and its implications - While competitive pressure is present, management is optimistic about finding new opportunities to expand airport locations and drive additional volume [50][51] Question: Factors for rebound in marine business - The marine business is influenced by macro factors such as price and volatility, with expectations for stability in 2026 [53][54]

World Kinect (NYSE:WKC) Q4 2025 Earnings call February 19, 2026 05:00 PM ET Company ParticipantsBraulio Medrano - Vice PresidentIra Birns - CFOMike Tejada - EVP and CFOConference Call ParticipantsKen Hoexter - AnalystOperatorThank you for standing by, and welcome to World Kinect Corporation's Q4 2025 earnings conference call. At this time, all participants are in a listen-only mode. After the speaker presentation, there will be a question-and-answer session. To ask a question during this session. To remove ...

World Kinect (NYSE:WKC) Q4 2025 Earnings call February 19, 2026 05:00 PM ET Speaker4Thank you for standing by, and welcome to World Kinect Corporation's fourth quarter 2025 earnings conference call. At this time, all participants are in a listen-only mode. After the speaker presentation, there will be a question-and-answer session. To ask a question during this session. To remove yourself from the queue. I would now like to hand the call over to Braulio Medrano, Senior Director of FP&A and Investor Relation ...

Fourth Quarter 2025 Earnings Call February 19, 2026 © Copyright 2026 World Kinect Corporation. Proprietary & Confidential. All Rights Reserved. 1 Disclaimer and Cautionary Note Regarding Forward-Looking Statements Certain statements, including comments about World Kinect Corporation's expectations regarding future plans, performance and acquisitions are forward-looking statements that are subject to a range of uncertainties and risks that could cause World Kinect's actual results to materially differ from t ...

Exhibit 99.1 World Kinect Corporation Reports Fourth Quarter and Full Year 2025 Results; Substantially Completes the Strategic Repositioning of the Land Segment Provides Full Year 2026 Outlook MIAMI—February 19, 2026—World Kinect Corporation (NYSE: WKC) today reported financial results for the fourth quarter and full year 2025. Fourth Quarter 2025 Highlights Fourth Quarter 2025 – Goodwill and Other Asset Impairments and Restructuring Full Year 2025 Highlights "2025 marked the beginning of a strategic transf ...

Analysts on Wall Street project that World Kinect (WKC) will announce quarterly earnings of $0.47 per share in its forthcoming report, representing a decline of 24.2% year over year. Revenues are projected to reach $9.22 billion, declining 5.5% from the same quarter last year.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Prior to a company's earnings re ...

World Kinect Corporation to Host Fourth Quarter and Full Year 2025 Earnings Conference Call on February 19, 2026Feb 4, 2026 4:45 PM Eastern Standard Time# World Kinect Corporation to Host Fourth Quarter and Full Year 2025 Earnings Conference Call on February 19, 2026Share---MIAMI--([BUSINESS WIRE])-- [World Kinect Corporation](NYSE: WKC) invites you to participate in a conference call with its management team on Thursday, February 19, 2026, at 5:00 p.m. ET to discuss the company's fourth quarter and full ye ...

Core Points - World Kinect Corporation has amended and extended its $2 billion senior unsecured credit facility [1] - The maturity date of the credit facility has been extended to November 2030, with an option to extend to November 2031, subject to lender consent [1] - The facility is led by Bank of America and reflects strong support from a diversified syndicate of global financial institutions [1]