World Kinect Corporation (WKC) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | -46.4M | 34.2M | 116.1M | 28.3M | 114.4M | 120.3M | -38.5M | 115.4M | -12.6M | 4.5M | 80.4M | 43.5M | 143M | -90.8M | 258.5M | 42.8M | -72M | -50.1M | 82.7M | 37.2M |
| Operating CF Margin % | -0.48% | 0.38% | 1.23% | 0.31% | 1.21% | 1.24% | -0.37% | 1.05% | -0.12% | 0.04% | 0.66% | 0.39% | 1.14% | -0.65% | 1.66% | 0.25% | -0.58% | -0.52% | 0.99% | 0.53% |
| Operating CF Growth % | -140.56% | -71.57% | 401.56% | -75.48% | 1007.94% | 2573.33% | -147.89% | 165.29% | -108.81% | 104.96% | -68.9% | 1.64% | 298.61% | -81.24% | 212.58% | 15.05% | -169.63% | -144.14% | -66.31% | -84.21% |
| Net Income | 25.6M | -279.5M | 28.2M | -339.1M | -21.3M | -101.2M | 33.4M | 108.3M | 27.4M | -34.8M | 35.5M | 30.5M | 22.6M | 20.9M | 43.9M | 24.8M | 26.3M | 15.5M | 22.3M | 17.6M |
| Depreciation & Amortization | 20M | 25.2M | 23.5M | 23.8M | 25.6M | 31.1M | 25.5M | 24.5M | 25.3M | 26.7M | 26.1M | 25.8M | 25.8M | 27.6M | 26.6M | 26.3M | 27.2M | 20.7M | 19.7M | 20.7M |
| Stock-Based Compensation | 7.5M | 11.7M | 4.6M | 2.4M | 6.8M | 10.3M | 5.9M | 0 | 0 | 8M | 6.1M | 4M | 6.1M | 3.6M | 7.3M | 3M | 3.7M | 4.2M | 3.4M | 3.3M |
| Deferred Taxes | 5.4M | -63.1M | 26.5M | -107.3M | -32.5M | 2.7M | 13.5M | -5.6M | -25.9M | -26.3M | -4.3M | 2.7M | -2.8M | -10.5M | 7.6M | -11.6M | -4M | 10.5M | -2.7M | -8.6M |
| Other Non-Cash Items | 17.1M | 250.1M | 40M | 527.2M | 70.2M | 158.6M | 4.4M | -45.9M | 54.7M | -35.8M | -28.9M | -45.1M | -112.7M | 106.3M | 128.3M | 100K | -18.6M | 8.9M | 6.2M | 19.1M |
| Working Capital Changes | -122M | 89.8M | -6.7M | -78.7M | 65.6M | 18.8M | -121.2M | 34.1M | -94.1M | 66.7M | 45.9M | 25.6M | 204M | -238.6M | 44.8M | 100K | -106.6M | -109.9M | 33.8M | -14.9M |
| Change in Receivables | -629.3M | -112.7M | 50.6M | -35.7M | 204.3M | 6.9M | 137.5M | 78.6M | 36.1M | 180.1M | -431.3M | 524.6M | 295.7M | -72.1M | 740.5M | -487.7M | -1.05B | -324.7M | -207.2M | -161.9M |
| Change in Inventory | -260.5M | 8M | -27M | 11.1M | 8.9M | 89.9M | 24.6M | 7.2M | 11.3M | 58.7M | -100M | 66.6M | 161.4M | -44.9M | 175.8M | -242.4M | -140.6M | -42.7M | -15.1M | -88.4M |
| Change in Payables | 825.1M | 57.6M | -200K | 119.9M | -210M | -2.3M | -250.8M | 19.8M | -122.6M | -225M | 609.7M | -523.6M | -322.3M | 249.8M | -692.6M | 506.9M | 996.7M | 359.8M | 178.1M | 211.6M |
| Cash from Investing | -11.6M | -165.1M | 0 | 1M | -5.8M | -34.4M | -64.9M | 180.7M | -16.9M | -23.7M | -21.3M | -32.5M | -23.5M | -25.7M | -20.7M | -21.2M | -657.3M | -48.5M | 9.9M | -17M |
| Capital Expenditures | -13.8M | -21.4M | -14.1M | -15M | -15.2M | -17.8M | -18.2M | -14.6M | -17.5M | -19.7M | -21.4M | -27.7M | -18.8M | -22.4M | -18.5M | -21M | -16.7M | -10.9M | -14.1M | -12.2M |
| CapEx % of Revenue | 0.14% | 0.24% | 0.15% | 0.17% | 0.16% | 0.18% | 0.17% | 0.13% | 0.16% | 0.16% | 0.17% | 0.25% | 0.15% | 0.16% | 0.12% | 0.12% | 0.14% | 0.11% | 0.17% | 0.17% |
| Acquisitions | 0 | -153.6M | 0 | 0 | 0 | -40M | -300K | 200.4M | 0 | -4.4M | 0 | 0 | 0 | -2.2M | -2.3M | 0 | -639.4M | -37.1M | 25M | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 2.2M | 9.9M | 14.1M | 16M | 9.4M | 23.4M | -46.4M | -5.1M | 600K | 400K | 100K | -4.8M | -4.7M | -1.1M | 100K | -200K | -1.2M | -500K | -1M | -4.8M |
| Cash from Financing | 15.4M | -151.5M | -32.6M | -98.6M | -32.4M | -68M | -47.9M | -50.4M | -64.3M | -12M | -11.2M | 63.6M | -192.8M | 122.3M | -336M | 107.3M | 343.7M | -43.3M | -34.6M | -14.9M |
| Debt Issued (Net) | 102.1M | -91M | -21.9M | -50.4M | -8.4M | -13.1M | -8M | -7.2M | -3.9M | 8.8M | -1.3M | 92.5M | -123.1M | 134.3M | -328.6M | 151.9M | 376.1M | -7.7M | -7.6M | -4.3M |
| Equity Issued (Net) | -75M | -40M | 0 | -35M | -10M | -42.6M | -28.3M | -29.1M | 0 | -10.1M | -40M | -50M | 0 | 0 | 0 | -35M | -13.7M | -26.1M | -24.4M | 0 |
| Dividends Paid | -10.7M | -11M | -11.1M | -9.5M | -9.7M | -9.9M | -10.1M | -10.1M | -8.4M | -8.3M | -8.4M | -8.7M | -8.6M | -8.6M | -7.4M | -7.6M | -7.4M | -7.5M | -7.6M | -7.5M |
| Share Repurchases | -75M | -40M | 0 | -35M | -10M | -42.6M | -28.3M | -29.1M | 0 | -10.1M | -40M | -50M | 0 | 0 | 0 | -35M | -13.7M | -26.1M | -24.4M | 0 |
| Other Financing | -1M | -9.5M | 400K | -3.7M | -4.3M | -2.4M | -1.5M | -4M | -52M | -2.4M | 38.5M | 29.7M | -61.1M | -3.4M | 0 | -2M | -11.3M | -2M | 5M | -3.1M |
| Net Change in Cash | -42.4M | -280.1M | 70.4M | -53.2M | 73.5M | 9.1M | -150.8M | 203.3M | 17M | -31.3M | 41.7M | 77.2M | -81.7M | 18.1M | -105.5M | 119.6M | -386M | -143.8M | 53.3M | 7.4M |
| Free Cash Flow | -60.2M | 12.8M | 102M | 13.3M | 99.2M | 102.5M | -56.7M | 100.8M | -30.1M | -15.2M | 59M | 15.8M | 124.2M | -113.2M | 240M | 21.8M | -88.7M | -61M | 68.6M | 25M |
| FCF Margin % | -0.62% | 0.14% | 1.08% | 0.15% | 1.05% | 1.05% | -0.54% | 0.92% | -0.28% | -0.13% | 0.48% | 0.14% | 0.99% | -0.82% | 1.54% | 0.13% | -0.72% | -0.64% | 0.82% | 0.35% |
| FCF Growth % | -160.69% | -87.51% | 279.89% | -86.81% | 429.57% | 774.34% | -196.1% | 537.97% | -124.24% | 86.57% | -75.42% | -27.52% | 240.02% | -85.57% | 249.85% | -12.8% | -187.48% | -156.64% | -70.55% | -88.64% |
| FCF per Share | -1.16 | 0.23 | 1.82 | 0.24 | 1.75 | 1.72 | -0.96 | 1.68 | -0.50 | -0.25 | 0.98 | 0.25 | 1.98 | -1.81 | 3.85 | 0.35 | -1.39 | -0.98 | 1.08 | 0.39 |
| FCF Conversion (FCF/Net Income) | -1.81x | -0.12x | 4.52x | -0.08x | -5.42x | -1.18x | -1.15x | 1.07x | -0.46x | -0.13x | 2.30x | 1.45x | 6.27x | -4.34x | 6.08x | 1.75x | -2.74x | -3.23x | 3.81x | 2.11x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |