Highest-materiality recent filing
World Kinect Q1 adj EPS $0.75 beats; raises FY guidance; rebrands to World Fuel
GAAP net income $26M ($0.50 diluted EPS) vs loss of $21M ($0.37 loss) in Q1 2025; adjusted net income $39M ($0.75 adj EPS).
World Kinect reports Q4 GAAP net loss of $280M, $247M impairment; guides 2026 adj. EPS $2.20-2.40
Q4 GAAP net loss $280M ($5.11 loss per diluted share) vs. net loss $101M a year ago.
World Kinect sets CAO compensation and amends executive severance policy
CAO Michael Kroll salary raised to $390k; receives $50k PSU with performance period ending 2027, vesting Dec 3, 2028.
World Kinect extends $2B credit facility to 2030, ups revolver to $1.65B
Revolving commitments increased from $1.50B to $1.65B; new $350M term loan replaces $500M original term loan; total capacity unchanged at $2.0B.
Ira M. Birns, current President & CFO, appointed CEO effective Jan 1, 2026; Michael Kasbar becomes Executive Chairman.
World Kinect Q3 net income falls 20% to $26M, Aviation gross profit up 11%
GAAP net income $26M ($0.46 diluted EPS) vs $35M ($0.57) a year ago.
Q2 GAAP net loss of $339M ($6.06 diluted loss); adjusted net income $33M ($0.59 diluted).
World Kinect appoints Gregory F. Piper to Board of Directors
Appointed effective July 17, 2025; will serve on Compensation Committee.
World Kinect grants $700K performance RSUs to new President/CFO Birns and COO Rau
Birns promoted to President and CFO; Rau promoted to COO, effective prior filing.
Shareholders approve 2025 Omnibus Plan and elect all nine directors at annual meeting
Shareholders approved 2025 Omnibus Plan authorizing 1.85M new shares plus any unused shares from prior plans.
appointed John P. Rau, the Company’s then current Executive Vice President, Global Aviation, Land and Marine, as Chief Operating Officer
appointed Ira M. Birns, the Company’s then current Executive Vice President and Chief Financial Officer, as President and Chief Financial Officer
Max materiality 0.80 · Median 0.68 · Most common event earnings