World Kinect Corporation (WKC)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 67,400 | 134,400 | 135,800 | 57,400 | 52,800 | 108,500 | 116,100 | 110,600 | 114,100 | 108,700 | 87,900 | 81,100 | 73,700 | 54,600 | 114,900 | 87,100 | 109,600 | 169,700 | 135,900 | 183,100 |
| Revenue (ttm) | US$ in thousands | 42,168,000 | 44,410,500 | 46,164,900 | 46,180,400 | 47,710,600 | 49,585,300 | 53,001,300 | 59,142,700 | 59,043,100 | 55,108,200 | 47,797,800 | 37,761,200 | 31,337,100 | 26,096,400 | 22,228,200 | 18,301,000 | 20,358,300 | 25,014,300 | 29,854,300 | 36,155,400 |
| Net profit margin | 0.16% | 0.30% | 0.29% | 0.12% | 0.11% | 0.22% | 0.22% | 0.19% | 0.19% | 0.20% | 0.18% | 0.21% | 0.24% | 0.21% | 0.52% | 0.48% | 0.54% | 0.68% | 0.46% | 0.51% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $67,400K ÷ $42,168,000K
= 0.16%
The net profit margin of World Kinect Corporation has shown fluctuations over the periods analyzed. The margin started at 0.51% in March 2020, decreased to 0.46% in June 2020, and then increased to 0.68% by September 2020. However, there was a decrease to 0.54% by December 2020. This trend continued with fluctuations in subsequent periods, with the margin generally hovering around the 0.5% mark.
In the latest period reported, December 2024, the net profit margin was at 0.16%, which is lower compared to previous periods. The downward trend from the peak in September 2020 highlights potential challenges in maintaining profitability efficiency.
Overall, the net profit margin trend suggests that World Kinect Corporation has experienced variability in generating profits relative to its revenue. This variability could be influenced by factors such as changes in costs, pricing strategies, economic conditions, and competition within the industry.