World Kinect Corporation (WKC) Stock Grade

About World Kinect Corporation's fundamentals

World Kinect Corporation is a $1.3 billion oil and gas refining and marketing company that experienced a 12.7% decline in revenue year-over-year and reported a net loss with a negative 1.7% net margin in its latest annual statement. Despite the accounting losses, the company generated positive free cash flow, suggesting its underlying operations produced cash even as reported earnings turned negative. The company currently offers a 3.3% dividend yield, though investors should note this is being paid during a period of reduced profitability and declining revenues.