---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-004839"
form_type: "8-K"
ticker: "WKC"
cik: "0000789460"
company_name: "WORLD KINECT CORP"
filed_at: "2023-02-23T23:59:59+00:00"
generated_at: "2026-06-19T03:37:53.715990+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# World Fuel Services Q4 net income $21M, adjusted EPS $0.54; FY gross profit up 38%

## Summary
- Q4 revenue $13.9B (+40% YoY), gross profit $282.4M (+31%), net income $20.9M (+36%).
- Full year revenue $59.0B (+88%), gross profit $1.09B (+38%), net income $114.1M (+55%).
- Full year GAAP EPS $1.82, adjusted EPS $2.04 (+50%); Adjusted EBITDA $380.3M (+60%).
- Segment: Land gross profit +54% in Q4 (Flyers Energy acquisition); Marine +85% (higher bunker prices).
- Capital return to shareholders of nearly $80M through share repurchases and dividends.

## SEC filing metadata
- accession: 0001628280-23-004839
- form_type: 8-K
- ticker: WKC
- cik: 0000789460
- company_name: WORLD KINECT CORP
- filed_at: 2023-02-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/789460/000162828023004839/0001628280-23-004839-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/789460/000162828023004839/int-20230223.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-004839
- JSON: https://secwatch.observer/filing/0001628280-23-004839.json
- Plain text: https://secwatch.observer/filing/0001628280-23-004839.txt

## Key facts
- Earnings Releases
  WORLD KINECT CORP reported the fourth quarter ended December 31, 2022 results: revenue $13.9 billion, net income $20.9 million, EPS $0.33.
  - Period: the fourth quarter ended December 31, 2022
  - Revenue: $13.9 billion
  - Net income: $20.9 million
  - EPS: $0.33
  - Result: reported results
  source text: Fourth Quarter 2022 Compared to 2021 Highlights • Revenue of $13.9 billion, an increase of 40% year-over-year • Gross profit of $282.4 million, an increase of 31% year-over-year • Net income of $20.9 million, an increase of 36% year-over-year • Adjusted EBITDA of $106.5 million, an increase of 93% year-over-year
  evidence_url: https://www.sec.gov/Archives/edgar/data/789460/000162828023004839/0001628280-23-004839-index.htm
- Earnings Releases
  WORLD KINECT CORP reported the full year ended December 31, 2022 results: revenue $59.0 billion, net income $114.1 million, EPS $1.82.
  - Period: the full year ended December 31, 2022
  - Revenue: $59.0 billion
  - Net income: $114.1 million
  - EPS: $1.82
  - Result: reported results
  source text: Full Year 2022 Compared to 2021 Highlights • Revenue of $59.0 billion, an increase of 88% year-over-year • Gross profit of $1.1 billion, an increase of 38% year-over-year • Net income of $114.1 million, an increase of 55% year-over-year • Adjusted EBITDA of $380.3 million, an increase of 60% year-over-year
  evidence_url: https://www.sec.gov/Archives/edgar/data/789460/000162828023004839/0001628280-23-004839-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.