World Kinect Corporation reported a decrease in revenue and net income for the first quarter of 2025. The company's gross profit was $230 million, with a GAAP net loss of $21 million. Despite the net loss, the company generated $114 million in operating cash flow and repurchased $10 million of common stock. Strategic actions included the sale of its U.K. land fuels business and the initiation of cost management actions.

World Kinect Corporation announced its financial results for the fourth quarter and full year 2024. The company reported a gross profit of $259 million and generated $120 million of operating cash flow for the quarter. Despite a GAAP net loss of $102 million, adjusted net income was $36 million. Full year highlights included a gross profit of $1.03 billion and adjusted EBITDA of $361 million.

World Kinect Corporation reported a revenue of $10.5 billion, a decrease of 14%. Net income was $33.5 million, a decrease of 4%. Adjusted EBITDA was $100.1 million, a decrease of 1%. The company repurchased $28 million of shares during the quarter.

World Kinect Corporation reported effectively flat revenue year-over-year, but experienced a decrease in gross profit and adjusted EBITDA. Net income increased significantly due to an after-tax gain on the sale of Avinode. The Aviation segment performed well, while the Land segment faced unfavorable market conditions.

World Kinect Corporation reported a decrease in revenue but an increase in net income for Q1 2024. While weather impacted land results, aviation and marine performed well. The company remains focused on driving growth and profitability across its three business segments.

World Kinect Corporation reported a decrease in revenue and net loss for Q4 2023, with revenue at $12.0 billion, a decrease of 14%, and a net loss of $34.8 million, a decrease of 266%. Adjusted EBITDA decreased by 6% to $99.8 million. However, the Aviation segment showed strong growth in gross profit, increasing by 19%.

World Kinect Corporation reported a decrease in gross profit by 13% to $281 million and a decrease in net income by 18% to $35 million for the third quarter of 2023. The company's GAAP diluted earnings per share and Adjusted diluted earnings per share were $0.58, with Adjusted EBITDA decreasing by 18% to $101 million.

World Kinect Corporation reported an 11% increase in gross profit to $282 million and a 23% increase in net income to $30 million for the second quarter of 2023. The company's GAAP diluted earnings and adjusted diluted earnings per share were $0.48, and adjusted EBITDA increased 29% to $99 million.

World Fuel Services Corporation reported mixed results for Q1 2023. Gross profit increased by 14%, and adjusted EBITDA rose by 16%. However, net income decreased by 13%, and both GAAP and adjusted diluted earnings per share decreased.

World Kinect Services Corporation reported Q4 2022 results with a 40% increase in revenue to $13.9 billion and a 36% increase in net income to $20.9 million compared to the same period last year. Adjusted diluted earnings per share increased by 93% to $0.54.

World Fuel Services Corporation reported a strong third quarter in 2022, marked by a 63% year-over-year increase in total gross profit, reaching $322.3 million. The company's GAAP net income was $42.5 million, or $0.68 per diluted share, while adjusted net income stood at $41.8 million, or $0.67 per diluted share. Adjusted EBITDA reached $122.5 million, reflecting solid performance across all business segments amidst global macroeconomic uncertainty.

World Fuel Services reported a 38% year-over-year increase in total gross profit, reaching $253.4 million. GAAP net income was $24.4 million, or $0.39 per diluted share, while adjusted net income was $25.8 million, or $0.41 per diluted share. The company's marine segment achieved record gross profit due to market volatility and high bunker fuel prices, and the land segment performed strongly due to the Flyers acquisition.

World Fuel Services Corporation reported a 21% increase in total gross profit year-over-year, reaching $230.9 million. GAAP net income was $26.3 million, or $0.41 per diluted share, while adjusted net income was $26.8 million, or $0.42 per diluted share. Adjusted EBITDA was $74.9 million.

World Fuel Services Corporation reported a 30% year-over-year increase in total gross profit for Q4 2021, reaching $215.2 million. GAAP net income was $15.4 million, or $0.25 per diluted share, while adjusted net income was $17.6 million, or $0.28 per diluted share. The company's adjusted EBITDA stood at $56.2 million. They are positioned for growth with a more ratable and leverageable business model.

World Fuel Services Corporation reported third-quarter results with a decrease in total gross profit, but net income and adjusted net income were reported. The aviation segment saw growth due to increased travel demand, while the marine and land segments experienced declines. The company generated significant cash flow and maintained a solid balance sheet.

World Fuel Services Corporation reported a decrease in total gross profit by 14% year-over-year, but GAAP net income increased to $17.6 million, or $0.28 per diluted share. Adjusted net income was $25.0 million, or $0.39 per diluted share, and adjusted EBITDA was $59.8 million.

World Fuel Services Corporation reported a decrease in total gross profit by 26% year-over-year, a GAAP net income of $18.9 million, and an adjusted net income of $20.7 million for the first quarter of 2021. The company is optimistic about demand improvement as vaccination rates increase and the global economy recovers.

World Fuel Services Corporation reported fourth-quarter results with a total gross profit of $165.2 million, a GAAP net loss of $3.6 million, and an adjusted net income of $1.1 million. The company highlighted the resilience of its diversified business model amidst challenging market conditions.

World Kinect Services Corporation reported a GAAP net income of $82.0 million, or $1.29 per diluted share, which included an after-tax gain on the sale of Multi Service of $63.9 million, or $1.00 per diluted share. Adjusted net income was $20.7 million, or $0.33 per diluted share. The company's performance was influenced by the ongoing COVID-19 pandemic and related economic impacts, with some moderate improvement in demand during the third quarter.

World Fuel Services Corporation reported a GAAP net loss of $10.2 million, or $0.16 per diluted share, and an adjusted net income of $8.1 million, or $0.13 per diluted share. The company's total gross profit was $213.9 million, a 20% decrease year-over-year. The results were impacted by the global shutdown due to the COVID-19 pandemic, which negatively affected volumes across all operating segments.

World Fuel Services Corporation reported a 9% year-over-year increase in total gross profit to $286.6 million and GAAP net income of $56.5 million, or $0.86 per diluted share for the fourth quarter of 2019.