World Kinect Corporation (WKC)
Net profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | 178,900 | 152,000 | 142,000 | 133,700 |
| Revenue (ttm) | US$ in thousands | 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 | 36,819,000 | 37,449,500 | 38,556,300 | 39,247,700 |
| Net profit margin | 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% | 0.49% | 0.41% | 0.37% | 0.34% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $52,800K ÷ $47,710,600K
= 0.11%
Based on the data provided, World Kinect Corp's net profit margin has shown some fluctuations over the past eight quarters. The net profit margin in Q4 2023 was 0.11%, lower than in the previous quarter, Q3 2023, which was 0.22%. This indicates a decrease in the company's profitability from the previous quarter.
Comparing the net profit margin in Q4 2023 to the same quarter in the previous year, Q4 2022, we see that there has been a slight decrease from 0.19% to 0.11%. This suggests that the company's profitability in Q4 2023 was lower than in the same quarter the year before.
Overall, the net profit margin of World Kinect Corp has shown some variability in the recent quarters, with quarterly fluctuations ranging from 0.11% to 0.22%. It is important for the company to monitor and analyze the factors influencing its profitability to maintain sustainable financial performance in the future.