World Kinect Corporation (WKC) - Net Assets

Latest as of March 2026: $1.21 Billion USD

Based on the latest financial reports, World Kinect Corporation (WKC) has net assets worth $1.21 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($6.80 Billion) and total liabilities ($5.59 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check tangible equity quality of World Kinect Corporation to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets $1.21 Billion
% of Total Assets 17.81%
Annual Growth Rate 18.87%
5-Year Change -31.77%
10-Year Change -32.58%
Growth Volatility 40.52

World Kinect Corporation - Net Assets Trend (1985–2025)

This chart illustrates how World Kinect Corporation's net assets have evolved over time, based on quarterly financial data. See World Kinect Corporation defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for World Kinect Corporation (1985–2025)

The table below shows the annual net assets of World Kinect Corporation from 1985 to 2025. For live valuation and market cap data, see market value of World Kinect Corporation.

Year Net Assets Change
2025-12-31 $1.31 Billion -33.13%
2024-12-31 $1.96 Billion +0.32%
2023-12-31 $1.95 Billion -2.07%
2022-12-31 $1.99 Billion +3.86%
2021-12-31 $1.92 Billion +0.20%
2020-12-31 $1.91 Billion +1.00%
2019-12-31 $1.89 Billion +3.41%
2018-12-31 $1.83 Billion +5.39%
2017-12-31 $1.74 Billion -10.42%
2016-12-31 $1.94 Billion +0.97%
2015-12-31 $1.92 Billion +3.03%
2014-12-31 $1.86 Billion +11.08%
2013-12-31 $1.68 Billion +8.90%
2012-12-31 $1.54 Billion +14.47%
2011-12-31 $1.35 Billion +19.54%
2010-12-31 $1.13 Billion +53.64%
2009-12-31 $733.25 Million +20.62%
2008-12-31 $607.89 Million +25.63%
2007-12-31 $483.88 Million +13.59%
2006-12-31 $425.97 Million +20.55%
2005-12-31 $353.35 Million +87.45%
2004-12-31 $188.50 Million +27.04%
2003-12-31 $148.38 Million +27.43%
2001-12-31 $116.44 Million +12.11%
2000-12-31 $103.86 Million +4.21%
1999-12-31 $99.66 Million +1.38%
1998-12-31 $98.30 Million +6.96%
1997-12-31 $91.90 Million +22.21%
1996-12-31 $75.20 Million +17.87%
1995-12-31 $63.80 Million +22.46%
1994-12-31 $52.10 Million +30.25%
1993-12-31 $40.00 Million +16.28%
1992-12-31 $34.40 Million +5.20%
1991-12-31 $32.70 Million +25.29%
1990-12-31 $26.10 Million +25.48%
1989-12-31 $20.80 Million +156.79%
1988-12-31 $8.10 Million +65.31%
1987-12-31 $4.90 Million +28.95%
1986-12-31 $3.80 Million +192.31%
1985-12-31 $1.30 Million --

Equity Component Analysis

This analysis shows how different components contribute to World Kinect Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 438533.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings $1.32 Billion 101.29%
Common Stock $500.00K 0.04%
Other Comprehensive Income $-17.30 Million -1.33%
Total Equity $1.30 Billion 100.00%

World Kinect Corporation Competitors by Market Cap

The table below lists competitors of World Kinect Corporation ranked by their market capitalization.

Company Market Cap
SEAZEN GROUP LTD. HD-001
F:6FLA
 $1.40 Billion
Jinan Acetate Chemical Co Ltd
TW:4763
 $1.40 Billion
Jinlongyu Group Co Ltd Class A
SHE:002882
 $1.40 Billion
Zhejiang Jiecang Linear Motion Technology Co Ltd
SHG:603583
 $1.40 Billion
Foosung
KO:093370
 $1.40 Billion
Befesa SA
XETRA:BFSA
 $1.39 Billion
Global Ship Lease Inc
NYSE:GSL
 $1.39 Billion
Golden Ocean Group Limited
F:KT31
 $1.39 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in World Kinect Corporation's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 1,948,700,000 to 1,299,100,000, a change of -649,600,000 (-33.3%).
  • Net loss of 614,000,000 reduced equity.
  • Dividend payments of 41,300,000 reduced retained earnings.
  • Share repurchases of 85,000,000 reduced equity.
  • Other comprehensive income increased equity by 73,700,000.
  • Other factors increased equity by 17,000,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income $-614.00 Million -47.26%
Dividends Paid $41.30 Million -3.18%
Share Repurchases $85.00 Million -6.54%
Other Comprehensive Income $73.70 Million +5.67%
Other Changes $17.00 Million +1.31%
Total Change $- -33.34%

Book Value vs Market Value Analysis

This analysis compares World Kinect Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 1.32x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 386.09x to 1.32x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1985-12-31 $0.08 $31.37 x
1986-12-31 $0.14 $31.37 x
1987-12-31 $0.16 $31.37 x
1988-12-31 $0.25 $31.37 x
1989-12-31 $0.51 $31.37 x
1990-12-31 $0.61 $31.37 x
1991-12-31 $0.76 $31.37 x
1992-12-31 $0.75 $31.37 x
1993-12-31 $0.94 $31.37 x
1994-12-31 $1.18 $31.37 x
1995-12-31 $1.32 $31.37 x
1996-12-31 $1.52 $31.37 x
1997-12-31 $1.83 $31.37 x
1998-12-31 $1.96 $31.37 x
1999-12-31 $2.07 $31.37 x
2000-12-31 $2.44 $31.37 x
2001-12-31 $2.73 $31.37 x
2003-12-31 $3.32 $31.37 x
2004-12-31 $4.02 $31.37 x
2005-12-31 $7.01 $31.37 x
2006-12-31 $7.36 $31.37 x
2007-12-31 $8.32 $31.37 x
2008-12-31 $10.47 $31.37 x
2009-12-31 $12.24 $31.37 x
2010-12-31 $17.77 $31.37 x
2011-12-31 $18.64 $31.37 x
2012-12-31 $21.13 $31.37 x
2013-12-31 $23.31 $31.37 x
2014-12-31 $26.01 $31.37 x
2015-12-31 $27.04 $31.37 x
2016-12-31 $27.58 $31.37 x
2017-12-31 $25.28 $31.37 x
2018-12-31 $26.82 $31.37 x
2019-12-31 $28.43 $31.37 x
2020-12-31 $29.83 $31.37 x
2021-12-31 $30.22 $31.37 x
2022-12-31 $31.66 $31.37 x
2023-12-31 $31.49 $31.37 x
2024-12-31 $32.75 $31.37 x
2025-12-31 $23.71 $31.37 x

Capital Efficiency Dashboard

This dashboard shows how efficiently World Kinect Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): -47.26%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -1.66%
  • • Asset Turnover: 6.30x
  • • Equity Multiplier: 4.51x
  • Recent ROE (-47.26%) is below the historical average (10.58%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1985 15.38% 2.74% 1.92x 2.92x $70.00K
1986 5.26% 2.17% 1.35x 1.79x $-180.00K
1987 20.41% 2.43% 4.15x 2.02x $510.00K
1988 27.16% 3.41% 3.96x 2.01x $1.39 Million
1989 19.23% 2.81% 3.55x 1.93x $1.92 Million
1990 18.39% 2.05% 4.70x 1.91x $2.19 Million
1991 18.04% 2.87% 3.71x 1.69x $2.63 Million
1992 4.65% 0.63% 4.66x 1.59x $-1.84 Million
1993 13.00% 2.08% 4.66x 1.34x $1.20 Million
1994 15.55% 2.24% 4.04x 1.72x $2.89 Million
1995 17.08% 1.70% 5.73x 1.76x $4.52 Million
1996 17.69% 1.72% 6.28x 1.64x $5.78 Million
1997 17.30% 1.98% 5.59x 1.56x $6.71 Million
1998 15.36% 2.03% 4.74x 1.60x $5.27 Million
1999 9.67% 0.80% 5.29x 2.28x $-331.10K
2000 10.24% 0.70% 6.88x 2.14x $248.00K
2001 14.80% 1.26% 5.29x 2.22x $5.59 Million
2003 14.74% 0.82% 7.44x 2.41x $7.04 Million
2004 15.15% 0.51% 7.94x 3.78x $9.71 Million
2005 11.21% 0.45% 8.61x 2.87x $4.27 Million
2006 15.01% 0.59% 8.44x 3.00x $21.35 Million
2007 13.39% 0.47% 7.64x 3.72x $16.39 Million
2008 17.28% 0.57% 13.18x 2.31x $44.25 Million
2009 15.98% 1.04% 6.48x 2.38x $43.84 Million
2010 13.03% 0.77% 7.45x 2.28x $34.14 Million
2011 14.56% 0.56% 9.36x 2.77x $60.73 Million
2012 12.48% 0.49% 9.48x 2.71x $37.63 Million
2013 12.13% 0.49% 8.76x 2.83x $35.69 Million
2014 11.95% 0.51% 8.88x 2.63x $36.21 Million
2015 9.78% 0.62% 6.62x 2.38x $-4.24 Million
2016 6.57% 0.47% 4.98x 2.81x $-66.00 Million
2017 -9.88% -0.50% 6.04x 3.25x $-342.39 Million
2018 7.03% 0.32% 6.97x 3.13x $-53.84 Million
2019 9.46% 0.49% 6.10x 3.17x $-10.14 Million
2020 5.74% 0.55% 4.47x 2.36x $-81.33 Million
2021 3.85% 0.24% 5.27x 3.11x $-117.57 Million
2022 5.75% 0.19% 7.22x 4.11x $-84.39 Million
2023 2.72% 0.11% 6.50x 3.80x $-141.40 Million
2024 3.46% 0.16% 6.28x 3.45x $-127.47 Million
2025 -47.26% -1.66% 6.30x 4.51x $-743.91 Million

Industry Comparison

This section compares World Kinect Corporation's net assets metrics with peer companies in the Oil & Gas Refining & Marketing industry.

Industry Context

  • Industry: Oil & Gas Refining & Marketing
  • Average net assets among peers: $2,691,755,600
  • Average return on equity (ROE) among peers: 9.26%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
World Kinect Corporation (WKC) $1.21 Billion 15.38% 4.61x $1.40 Billion
ARKO Petroleum Corp. (APC) $-42.05 Billion 0.00% 0.00x $245.62 Million
Crossamerica Partners LP (CAPL) $94.67 Million 19.09% 3.14x $830.24 Million
Clean Energy Fuels Corp (CLNE) $465.04 Million -19.28% 1.50x $416.22 Million
Cosan SA ADR (CSAN) $48.17 Billion 2.44% 1.79x $3.96 Billion
CVR Energy Inc (CVI) $888.00 Million 0.79% 3.80x $2.87 Billion
HF Sinclair Corp (DINO) $6.51 Billion 11.87% 0.87x $12.00 Billion
Delek US Energy Inc (DK) $41.90 Million -1.19% 4.59x $2.70 Billion
Delek Logistics Partners LP (DKL) $-110.70 Million 0.00% 0.00x $2.67 Billion
Delixy Holdings Limited Ordinary Shares (DLXY) $1.82 Million 63.12% 4.72x $3.23 Million
Icahn Enterprises LP (IEP) $12.90 Billion 15.80% 0.81x $4.41 Billion

About World Kinect Corporation

NYSE:WKC USA Oil & Gas Refining & Marketing
Market Cap
$1.61 Billion
Market Cap Rank
#7697 Global
#2239 in USA
Share Price
$31.37
Change (1 day)
+0.32%
52-Week Range
$22.59 - $31.72
All Time High
$44.82
Categories
Companies in USA Oil & Gas Refining & Marketing
About

World Kinect Corporation, together with its subsidiaries, operates as an energy management company in the United States, rest of the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in three segments: Aviation, Land, and Marine. The Aviation segment supplies jet fuel, sustainable aviation fuel, aviation gasoline, and aviation fuel to commercial and international airlin… Read more