World Kinect Corporation (WKC)

Operating 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
Operating income (ttm)	US$ in thousands	198,100	292,200	319,200	296,500	273,200	226,800	168,200	146,300	142,600	126,600	123,700	104,700	137,900	182,000	236,800	300,100	299,700	302,500	287,100	273,000
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
Operating profit margin		0.42%	0.59%	0.60%	0.50%	0.46%	0.41%	0.35%	0.39%	0.46%	0.49%	0.56%	0.57%	0.68%	0.73%	0.79%	0.83%	0.81%	0.81%	0.74%	0.70%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $198,100K ÷ $47,710,600K
= 0.42%

World Kinect Corp's operating profit margin has shown a stable performance over the past eight quarters. The company's operating profit margin ranged between 0.36% and 0.60% during this period. The highest operating profit margin was recorded in Q2 2023 at 0.60%, while the lowest was in Q2 2022 at 0.36%. Overall, the operating profit margin has been relatively consistent, indicating a moderate level of profitability in relation to the company's revenue generation and expenses. It is essential for World Kinect Corp to closely monitor and manage its operational efficiency to sustain and potentially improve its profitability in the future.