World Kinect Corporation (WKC)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 210,600 | 198,000 | 273,200 | 142,600 | 137,900 |
| Revenue | US$ in thousands | 42,168,000 | 47,710,600 | 59,043,100 | 31,337,000 | 20,358,300 |
| Operating profit margin | 0.50% | 0.42% | 0.46% | 0.46% | 0.68% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $210,600K ÷ $42,168,000K
= 0.50%
Based on the data provided, World Kinect Corporation's operating profit margin has exhibited some variability over the past five years. The operating profit margin was 0.68% as of December 31, 2020, but it decreased to 0.46% for both December 31, 2021 and December 31, 2022. The margin further decreased slightly to 0.42% by December 31, 2023, indicating a potential trend of declining profitability.
However, there was a notable improvement in the operating profit margin to 0.50% by December 31, 2024, which could suggest a slight recovery in profitability for the company. It is essential for World Kinect Corporation to closely monitor and assess the factors influencing its operating profit margin to make informed strategic decisions and sustainably enhance its financial performance over time.