---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-006374"
form_type: "8-K"
ticker: "WKC"
cik: "0000789460"
company_name: "WORLD KINECT CORP"
filed_at: "2024-02-22T23:59:59+00:00"
generated_at: "2026-06-05T21:21:44.588564+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# World Kinect Q4 net loss $34.8M; adjusted EPS flat at $0.54; Land segment hit by erroneous Finnish power bid

## Summary
- Q4 revenue $12.0B (-14% YoY); net loss $34.8M vs net income $21M; diluted EPS loss $0.58.
- Adjusted diluted EPS $0.54 (flat YoY); adjusted EBITDA $99.8M (-6%).
- Aviation gross profit +19% to $131.4M; Marine -21% to $44.0M.
- Land gross profit -51% due to erroneous Finnish power market bid; adjusted -9% to $105M.
- Full year operating cash flow $271M; liquidity strong; Investor Day to be held.

## SEC filing metadata
- accession: 0001628280-24-006374
- form_type: 8-K
- ticker: WKC
- cik: 0000789460
- company_name: WORLD KINECT CORP
- filed_at: 2024-02-22T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/789460/000162828024006374/0001628280-24-006374-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/789460/000162828024006374/wkc-20240222.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-006374
- JSON: https://secwatch.observer/filing/0001628280-24-006374.json
- Plain text: https://secwatch.observer/filing/0001628280-24-006374.txt

## Key facts
- Earnings Releases
  WORLD KINECT CORP reported quarter and year ended December 31, 2023 results: revenue $12,003, net income $(0.58) per diluted share, EPS $(0.58) per diluted share.
  - Period: quarter and year ended December 31, 2023
  - Revenue: $12,003
  - Net income: $(0.58) per diluted share
  - EPS: $(0.58) per diluted share
  - Result: reported results
  source text: and per share data): Three Months Ended December 31, Year Ended December 31, 2023 2022 Change 2023 2022 Change Volume (1) 4,533 4,575 (1)% 18,006 18,331 (2)% Revenue $ 12,003 $ 13,878 (14)% $ 47,711 $ 59,043 (19)% Gross profit $ 232 $ 282 (18)% $ 1,058 $ 1,089 (3)% Adjusted gross profit $ 280 $ 282 (1)% $ 1,106 $ 1,089 2% Operating expenses $ 248 $ 204
  evidence_url: https://www.sec.gov/Archives/edgar/data/789460/000162828024006374/0001628280-24-006374-index.htm

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