World Net Income from 2010 to 2026

WKC Stock   26.65  0.95  3.44%   
World Kinect's Net Income is decreasing over the years with slightly volatile fluctuation. Net Income is expected to dwindle to about 67.4 M. During the period from 2010 to 2026 World Kinect Net Income annual values regression line had coefficient of variation of  89.02 and r-squared of  0.08. View All Fundamentals
 
Net Income  
First Reported
1985-09-30
Previous Quarter
-339.3 M
Current Value
25.7 M
Quarterly Volatility
40.5 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check World Kinect financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among World Kinect's main balance sheet or income statement drivers, such as Depreciation And Amortization of 128.5 M, Interest Expense of 140.1 M or Total Revenue of 51.1 B, as well as many indicators such as Price To Sales Ratio of 0.0419, Dividend Yield of 0.0224 or PTB Ratio of 0.91. World financial statements analysis is a perfect complement when working with World Kinect Valuation or Volatility modules.
  
Build AI portfolio with World Stock
Check out the analysis of World Kinect Correlation against competitors.
For information on how to trade World Stock refer to our How to Trade World Stock guide.

Latest World Kinect's Net Income Growth Pattern

Below is the plot of the Net Income of World Kinect over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in World Kinect financial statement analysis. It represents the amount of money remaining after all of World Kinect operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is World Kinect's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in World Kinect's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 67.9 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

World Net Income Regression Statistics

Arithmetic Mean107,105,853
Coefficient Of Variation89.02
Mean Deviation68,333,820
Median114,100,000
Standard Deviation95,347,929
Sample Variance9091.2T
Range391.9M
R-Value(0.29)
Mean Square Error8895.3T
R-Squared0.08
Significance0.26
Slope(5,430,191)
Total Sum of Squares145459.6T

World Net Income History

202667.4 M
202577.5 M
202467.4 M
202352.9 M
2022114.1 M
202173.7 M
2020109.6 M

Other Fundumenentals of World Kinect

World Kinect Net Income component correlations

About World Kinect Financial Statements

World Kinect stakeholders use historical fundamental indicators, such as World Kinect's Net Income, to determine how well the company is positioned to perform in the future. Although World Kinect investors may analyze each financial statement separately, they are all interrelated. For example, changes in World Kinect's assets and liabilities are reflected in the revenues and expenses on World Kinect's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in World Kinect. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Income78.1 M68 M
Net Income From Continuing Ops61.1 M80.3 M
Net Income Applicable To Common Shares60.7 M79.5 M
Net Income Per Share 1.03  0.78 
Net Income Per E B T 0.64  0.86 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether World Kinect offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of World Kinect's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of World Kinect Stock. Outlined below are crucial reports that will aid in making a well-informed decision on World Kinect Stock:
Check out the analysis of World Kinect Correlation against competitors.
For information on how to trade World Stock refer to our How to Trade World Stock guide.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of World Kinect. If investors know World will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about World Kinect listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.19)
Dividend Share
0.74
Earnings Share
(7.65)
Revenue Per Share
666.043
Quarterly Revenue Growth
(0.10)
The market value of World Kinect is measured differently than its book value, which is the value of World that is recorded on the company's balance sheet. Investors also form their own opinion of World Kinect's value that differs from its market value or its book value, called intrinsic value, which is World Kinect's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because World Kinect's market value can be influenced by many factors that don't directly affect World Kinect's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between World Kinect's value and its price as these two are different measures arrived at by different means. Investors typically determine if World Kinect is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, World Kinect's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.