secwatch.observer — SEC 8-K summary
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Issuer:     WORLD KINECT CORP (WKC)
CIK:        0000789460
Form:       8-K
Filed at:   2025-02-20T23:59:59+00:00
Accession:  0001628280-25-006762
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

World Kinect Q4 GAAP net loss $102M ($1.77/diluted EPS); adjusted EPS $0.62
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- Full year 2024: GAAP net income $67M ($1.13 EPS); adjusted net income $130M ($2.18 EPS); operating cash flow $260M.
- Returned $139M to shareholders via dividends and share repurchases in 2024, up 47% YoY.
- Q4 Brazil divestiture triggered $111M pre-tax loss; additional $9M exit costs in North America land and $22M asset impairments.
- Aviation gross profit $120M (-8% YoY), Land $104M (+83%, adjusted -1%), Marine $34M (-22%).
- Repurchased $43M of common stock in Q4; generated $120M operating cash flow in the quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/789460/000162828025006762/0001628280-25-006762-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/789460/000162828025006762/wkc-20250220.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-006762

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer