---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-032997"
form_type: "8-K"
ticker: "WKC"
cik: "0000789460"
company_name: "WORLD KINECT CORP"
filed_at: "2024-07-25T23:59:59+00:00"
generated_at: "2026-05-31T16:31:01.743757+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# World Kinect Q2 adjusted EPS flat at $0.48; Land gross profit down 28% YoY

## Summary
- Revenue $11.0B flat, gross profit $245M (-13%); adjusted EBITDA $80.9M (-18%).
- Net income $107M (+251%) includes $86.9M after-tax gain from Avinode sale; adjusted EPS $0.48 flat YoY.
- Aviation gross profit flat at $127.7M; Land down 28% to $80.8M on unfavorable market conditions; Marine down 13%.
- Operating cash flow $68M in Q2; liquidity increased from Avinode sale proceeds and working capital management.
- Management cited unfavorable Land market conditions in North America and Brazil, oversupplied natural gas.

## SEC filing metadata
- accession: 0001628280-24-032997
- form_type: 8-K
- ticker: WKC
- cik: 0000789460
- company_name: WORLD KINECT CORP
- filed_at: 2024-07-25T23:59:59+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/789460/000162828024032997/0001628280-24-032997-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/789460/000162828024032997/wkc-20240725.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-032997
- JSON: https://secwatch.observer/filing/0001628280-24-032997.json
- Plain text: https://secwatch.observer/filing/0001628280-24-032997.txt

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