WORLD KINECT CORP
For the period ended Dec 31, 2025. Filed Feb 24, 2026.
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FY2025 · Filed Feb 24, 2026
WKC$35.34-1.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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(ii)Consolidated Balance Sheets
CONSOLIDATED BALANCE SHEETS
(In millions, except per share data)
| December 31, 2025 | December 31, 2024 | |
|---|---|---|
| Assets: | ||
| Current assets: | ||
| Cash and cash equivalents | $193.5 | $382.9 |
| Accounts receivable, net of allowance for credit losses of $15.6 million and $22.5 million as of December 31, 2025 and 2024, respectively | 2,208.5 | 2,432.6 |
| Inventories | 454.2 | 513.5 |
| Prepaid expenses | 86.6 | 71.4 |
| Short-term derivative assets, net | 100.5 | 176.5 |
| Other current assets | 457.2 | 382.2 |
| Total current assets | 3,500.5 | 3,959.2 |
| Property and equipment, net | 348.4 | 513.3 |
| Goodwill | 737.5 | 1,181.7 |
| Identifiable intangible assets, net | 311.7 | 261.2 |
| Other non-current assets | 965.9 | 816.4 |
| Total assets | $5,863.9 | $6,731.8 |
| Liabilities: | ||
| Current liabilities: | ||
| Current maturities of long-term debt | $11.9 | $84.0 |
| Accounts payable | 2,586.9 | 2,726.5 |
| Short-term derivative liabilities, net | 52.7 | 91.5 |
| Accrued expenses and other current liabilities | 658.9 | 535.8 |
| Total current liabilities | 3,310.4 | 3,437.8 |
| Long-term debt | 685.2 | 796.8 |
| Other long-term liabilities | 560.4 | 541.2 |
| Total liabilities | 4,556.1 | 4,775.8 |
| Commitments and contingencies | ||
| Equity: | ||
| World Kinect shareholders' equity: | ||
| Preferred stock, $1.00 par value; 0.1 shares authorized, none issued | — | — |
| Common stock, $0.01 par value; 100.0 shares authorized, 54.1 and 56.7 issued and outstanding as of December 31, 2025 and 2024, respectively | 0.5 | 0.6 |
| Capital in excess of par value | — | 30.0 |
| Retained earnings | 1,315.9 | 2,009.2 |
| Accumulated other comprehensive income (loss) | (17.3) | (91.0) |
| Total World Kinect shareholders' equity | 1,299.1 | 1,948.7 |
| Noncontrolling interest | 8.8 | 7.2 |
| Total equity | 1,307.9 | 1,955.9 |
| Total liabilities and equity | $5,863.9 | $6,731.8 |
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