World Kinect Corporation (WKC)

Pretax 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
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	65,800	139,800	155,500	137,700	143,400	136,500	106,800	104,500	99,500	78,500	154,200	132,100	161,800	219,500	181,800	241,300	235,100	220,700	212,200	196,300
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
Pretax margin		0.14%	0.28%	0.29%	0.23%	0.24%	0.25%	0.22%	0.28%	0.32%	0.30%	0.69%	0.72%	0.79%	0.88%	0.61%	0.67%	0.64%	0.59%	0.55%	0.50%

December 31, 2023 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $65,800K ÷ $47,710,600K
= 0.14%

World Kinect Corp's pretax margin has shown some fluctuation in recent quarters. In Q4 2023, the pretax margin was at 0.14%, which was lower compared to Q3 2023 (0.28%) and Q2 2023 (0.29%). However, it was slightly higher than Q1 2023 (0.23%).

Compared to the same period last year, the pretax margin in Q4 2023 was similar to Q4 2022 (0.24%) and Q3 2022 (0.25%). It was slightly lower than Q1 2022 (0.28%) but higher than Q2 2022 (0.23%).

Overall, the pretax margin for World Kinect Corp has shown some variability but has generally remained within a relatively narrow range over the past eight quarters. Further analysis may be required to understand the factors driving these fluctuations and to assess the company's overall profitability and financial performance.