World Kinect Corp.
- WKC · NYSE
- Wholesale-Petroleum & Petroleum Products (No Bulk Stations)
- Miami, FL
- CIK 0000789460
Updated from SEC filings through
Top things to know
Executives
- Ira M. Birns Chief Executive Officer 8-K, 2026-10-29
- Mike Tejada Executive Vice President and Chief Financial Officer 8-K, 2026-10-29
- Jose-Miguel Tejada EVP, Chief Financial Officer 4, 2026-08-17
- Michael John Kroll SVP & Chief Accounting Officer 4, 2026-05-12
- John Peter Rau President 4, 2026-03-31
- Michael Kroll Senior Vice President and Chief Accounting Officer 10-K, 2026-02-24
What leadership is saying
“We delivered another strong quarter, supported by healthy fundamentals in Aviation, strong performance in Marine and continued progress in Land”
Earnings press release (8-K Ex. 99.1), filed October 29, 2026
World Kinect Corp is a U.S. public company in wholesale-petroleum & petroleum products (no bulk stations) (SIC 5172), headquartered in Miami, FL. It trades as WKC on NYSE. Revenue was $36.9B in the fiscal year ending December 31, 2025, -12.5% from the year before. Ira M. Birns is Chief Executive Officer.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $36.9B 10-K, 2026-02-24 | $42.2B 10-K, 2026-02-24 | $47.7B 10-K, 2026-02-24 | $59.0B 10-K, 2025-02-25 | $31.3B 10-K, 2024-02-23 |
| Operating income | -$565M 10-K, 2026-02-24 | $211M 10-K, 2026-02-24 | $198M 10-K, 2026-02-24 | $273M 10-K, 2025-02-25 | $143M 10-K, 2024-02-23 |
| SG&A | $283M 10-K, 2026-02-24 | $297M 10-K, 2026-02-24 | $308M 10-K, 2026-02-24 | $309M 10-K, 2025-02-25 | $248M 10-K, 2024-02-23 |
| Net income | -$614M 10-K, 2026-02-24 | $67.4M 10-K, 2026-02-24 | $52.9M 10-K, 2026-02-24 | $114M 10-K, 2025-02-25 | $73.7M 10-K, 2024-02-23 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Ira M. Birns Chief Executive Officer @ World Fuel | Chief Executive Officer | 8-K, 2026-10-29 |
| Mike Tejada at World Kinect | Executive Vice President and Chief Financial Officer | 8-K, 2026-10-29 |
| Jose-Miguel Tejada | EVP, Chief Financial Officer | 4, 2026-08-17 |
| Jose-Miguel (Mike) Tejada | Named in proxy bio: Executive Vice President and Chief Financial Officer (“CFO”) | DEF 14A, 2026-04-28 |
| Michael John Kroll | SVP & Chief Accounting Officer | 4, 2026-05-12 |
| John P. Rau | Named in proxy bio: President, former Chief Operating Officer, and former Executive Vice President, Global Aviation, Land and Marine | DEF 14A, 2026-04-28 |
| John Peter Rau | President | 4, 2026-03-31 |
| Michael Kroll | Senior Vice President and Chief Accounting Officer | 10-K, 2026-02-24 |
| Ken Bakshi | independent chair of the Board | 8-K, 2026-09-17 |
| Andrea B. Smith | Director | 10-K, 2026-02-24 |
| Greg Piper | Director | 10-K, 2026-02-24 |
| Jeffrey M. Kottkamp | Director | 10-K, 2026-02-24 |
| John L. Manley | Director | 10-K, 2026-02-24 |
| Jorge L. Benitez | Director | 10-K, 2026-02-24 |
| Paul H. Stebbins | Director | 10-K, 2026-02-24 |
| Richard A. Kassar | Director | 10-K, 2026-02-24 |
What World Kinect Corp does
World Kinect Corporation (the "Company") was incorporated in Florida in July 1984 and along with its consolidated subsidiaries is referred to collectively in this Annual Report on Form 10-K ("2025 10-K Report") as "World Kinect," "we," "our," and "us."
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 51.2 million (as of October 23, 2026) | 10-Q, October 30, 2026 |
|---|---|---|
| Public float | $1.5B (as of June 30, 2025) | 10-K, February 24, 2026 |
| Reportable segments | 3 (period ending September 30, 2026) | 10-Q, October 30, 2026 |
| Latest proxy statement | Meeting June 18, 2026 (filed April 28, 2026) | DEF 14A, April 28, 2026 |
| Auditor | PricewaterhouseCoopers LLP (Miami, Florida) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| November 5, 2026 | Jorge L. Benitez Director | Sale | 18,000 | $665K | Form 4, November 6, 2026 |
| November 2, 2026 | Michael J. Kasbar Executive Chairman | Sale | 10,000 | $364K | Form 4, November 4, 2026 |
| October 2, 2026 | Michael J. Kasbar Executive Chairman | Sale | 10,000 | $357K | Form 4, October 6, 2026 |
| September 2, 2026 | Michael J. Kasbar Executive Chairman | Sale | 10,000 | $354K | Form 4, September 4, 2026 |
| August 13, 2026 | Jose-Miguel Tejada EVP, Chief Financial Officer | Sale | 6,000 | $223K | Form 4, August 17, 2026 |
| August 3, 2026 | Michael J. Kasbar Executive Chairman | Sale | 10,000 | $394K | Form 4, August 5, 2026 |
| July 29, 2026 | John L. Manley Director | Sale | 10,000 | $399K | Form 4, July 31, 2026 |
| July 29, 2026 | Paul H. Stebbins Director | Sale | 33,445 | $1.3M | Form 4, July 31, 2026 |
Recent 8-K events
- 8-K filed 2026-10-29
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-09-17
- Item 5.02 Departure or appointment of directors or officers; compensation
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-07-23
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-07-02
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-04-23
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-02-19
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2025-12-09
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2025-11-13
- Item 1.01 Entry into a material definitive agreement
- Item 2.03 Creation of a direct financial obligation
- Item 7.01 Regulation FD disclosure
- 8-K filed 2025-10-28
- Item 5.02 Departure or appointment of directors or officers; compensation
- Item 5.03 Amendments to articles or bylaws; change in fiscal year
- Item 7.01 Regulation FD disclosure
- 8-K filed 2025-10-23
- Item 2.02 Results of operations and financial condition (earnings release)
Frequently asked questions about World Kinect Corp
- What does World Kinect Corp do?
- In its own words, from Item 1 of its 10-K: "World Kinect Corporation (the "Company") was incorporated in Florida in July 1984 and along with its consolidated subsidiaries is referred to collectively in this Annual Report on Form 10-K ("2025 10-K Report") as "World Kinect," "we," "our," and "us.""
- What is World Kinect Corp's revenue?
- $36.9B for the fiscal year ending December 31, 2025, from its 10-K filed February 24, 2026.
- Is World Kinect Corp profitable?
- World Kinect Corp reported net income of -$614M for the fiscal year ending December 31, 2025.
- Who is the CEO of World Kinect Corp?
- Ira M. Birns, Chief Executive Officer, as named in a 8-K filed October 29, 2026.
- Who is the CFO of World Kinect Corp?
- Mike Tejada, Executive Vice President and Chief Financial Officer, as named in a 8-K filed October 29, 2026.
- Where is World Kinect Corp headquartered?
- Miami, FL.
- What is World Kinect Corp's stock ticker?
- WKC on NYSE.
- What industry is World Kinect Corp in?
- Wholesale-Petroleum & Petroleum Products (No Bulk Stations), SIC code 5172.
- What is World Kinect Corp's website?
- world-kinect.com. Investor relations: https://ir.worldkinect.com/.
- When does World Kinect Corp report earnings next?
- February 4, 2027. Source: estimate_8k_pattern.
- Is World Kinect Corp a public company?
- Yes. World Kinect Corp files with the SEC under CIK 0000789460 and trades as WKC.
- Who audits World Kinect Corp?
- PricewaterhouseCoopers LLP, Miami, Florida, as named in its latest annual report (10-K).
- How many shares of World Kinect Corp are outstanding?
- 51.2 million shares as of October 23, 2026, from its 10-Q filed October 30, 2026.
- What is World Kinect Corp's public float?
- $1.5B as of June 30, 2025, as reported on the cover of its 10-K filed February 24, 2026.
- How many business segments does World Kinect Corp report?
- 3 reportable segments for the period ending September 30, 2026, from its 10-Q filed October 30, 2026.
- When is World Kinect Corp's annual shareholder meeting?
- June 18, 2026, per its proxy statement (DEF 14A) filed April 28, 2026.
- Have World Kinect Corp insiders traded stock recently?
- Since March 2, 2026, officers and directors reported 19 open-market sales worth about $8.3M and 0 purchases on Forms 4 and 5. The most recent: Jorge L. Benitez (Director) sold 18,000 shares on November 5, 2026.