World Kinect Corporation

What World Kinect Corporation does

World Kinect Corporation (NYSE: WKC), founded in 1984 and headquartered in Miami, Florida, is a global energy management company that distributes transportation fuels and provides energy advisory, procurement, and sustainability services across aviation, marine, and land segments. The company serves commercial, business, cargo, and government aviation operators at 4,000+ airports, global shipping counterparties at 1,200+ seaports, and commercial/industrial and municipal customers across more than 200 countries and territories. Following the November 2025 acquisition of Universal Weather and Aviation's Trip Support Services division, the company also offers integrated international trip support, regulatory services, and flight planning.

The technology platform is built around proprietary digital portals — myWorld (Aviation, Marine, Land, Carbon Management), Trip View, avPOS (cloud-hosted AWS payment processing for FBOs), World Fuel FBO Network Online, Connected Truck telemetry, and the World Kinect Online energy services portal — together with sub-brands including AVCARD payment solutions, Air Elite FBO network, and World Fuel Rewards. Sustainability capabilities include Carbon Accounting, renewable energy sourcing, carbon offsets, and a Sustainable Aviation Fuel partnership with Neste covering 100+ UK and European airports. The company maintains enterprise field sales teams plus self-serve digital channels across six continents.

World Kinect generates revenue primarily as a transaction-based fuel distributor, earning thin margins (approximately 2.6% gross profit margin) on the volume and commodity price of fuel sold, supplemented by professional services fees from energy procurement, brokerage, price risk management, sustainability advisory, and trip support. Pricing is contract-negotiated and not publicly disclosed. The company trades on NYSE under ticker WKC, is led by CEO Ira M. Birns and Executive Chairman Michael J. Kasbar, and is actively returning capital via dividends (recently raised 15% to $0.23 per share quarterly) and share repurchases ($150M authorization in December 2025, with $192M remaining from the prior program).

Name

World Kinect Corporation

Legal name

World Kinect Corporation

Website

https://world-kinect.com

Company type

Public

Founded year

1984

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

World Kinect Corporation (NYSE: WKC) is a global energy management company that distributes transportation fuels and provides energy advisory, procurement, and trip support services across aviation, marine, and land markets in 200+ countries, serving operators at 4,000+ airports and 1,200+ seaports.

Ownership category

akta.pro rank

Product category

Fuel Distribution and Energy Management Services

NAICS

Other Support Activities for Water Transportation (48839), Support Activities for Transportation (488)

SIC

Wholesale-Petroleum Bulk Stations & Terminals (5171), Oil & Gas Field Services, Nec (1389)

akta.pro primary industry

Marine Bunkering & Port Fuel Supply (EUALAIAG)

Keywords

• Fuel distribution services
• Aviation fuel supply
• Marine bunkering services
• Energy procurement services
• Fleet fuel cards

Headquarters

HQ city

Miami

HQ country

United States

HQ region

North America

Offices14 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Fuel Sales and Distribution (Aviation, Marine, Land): World Kinect generates the majority of its revenue through the sale and distribution of transportation fuels across aviation, marine, and ground-based transportation markets. The company acts as an intermediary connecting fuel supply to global movement, earning margins on fuel transactions. Revenue is driven by volume of fuel sold and prevailing commodity prices, with the company reporting Q1 2026 revenue of $9.69 billion. The company operates at thin gross profit margins (approximately 2.57% gross profit margin cited) with revenue scale driven by commodity volume.
2. Energy Services and Procurement: Provides energy procurement, brokerage, supply, price risk management, energy data management, water procurement, and sustainability services to commercial and industrial customers. Services include natural gas procurement, renewable energy sourcing, carbon accounting, and power purchase agreements. Revenue derived from professional service fees and transaction-based arrangements.
3. Trip Support Services: Following the acquisition of Universal Weather and Aviation's Trip Support Services division in November 2025, World Kinect provides international and commercial trip support, regulatory services, handling network coordination, and flight planning services. Expected to be approximately 7% accretive to earnings in the first year.
4. Capital Market Transactions: The company completed a $350 million private offering of convertible senior notes due 2028 (upsized from $250 million due to strong investor demand) for general corporate purposes including debt repayment and share repurchases, aiming to reduce interest expenses.

Pricing tiers

Go-to-market motion2 records

Distribution channels8 records

Marketing channels7 records

Core offering

World Kinect Corporation is a global energy management company that distributes transportation fuels across aviation, marine, and land segments, serving customers at 4,000+ airports, 1,200+ seaports, and across 200+ countries. The company also provides energy procurement, brokerage, price risk management, water procurement, sustainability (carbon accounting, SAF, renewables), and trip support services for commercial and industrial customers.

Product overview

World Kinect Corporation operates a multi-segment energy management platform offering fuel, logistics, and energy solutions across aviation, marine, and land transportation markets. The portfolio architecture consists of core fuel distribution services (Aviation Fuel Solutions, Marine Fuel Solutions, Land Fuel Solutions) supplemented by customer-facing digital portals (myWorld for Aviation/Land/Marine, World Kinect Online), specialized payment solutions (AVCARD, avPOS), technology products (Connected Truck), and energy management services (Energy Procurement, Brokerage, Price Risk Management). Sustainability offerings include Carbon Accounting, Sustainable Aviation Fuel partnerships, and Renewable Energy Sourcing. The company recently expanded its aviation trip support capabilities through the acquisition of Universal Weather and Aviation's Trip Support Services division.

Differentiator

Problem solved

Functional benefit

Brands

• myWorld: Customer portal and mobile app for aviation, land, and marine fuel management and transactions
• Aviation
• Marine
• Land
• Energy Services
• Sustainability Services
• World Fuel Rewards
• Air Elite
• AVCARD
• avPOS
• Trip Support Services

Products and services

• Aviation Fuel Solutions Global aviation fuel distribution and related services across 4,000+ airports, serving commercial, business, cargo, and government operators with fuel, fuel cards, and integrated flight support.
• Marine Fuel Solutions Global marine fuel and fuel management services across major shipping routes and 1,200+ seaports worldwide, acting as operational and financial counterparty for vessel operators.
• Land Fuel Solutions Ground-based transportation fuel solutions including bulk fuel delivery, fleet fueling, fuel cards, lubricants, DEF/AdBlue, and fuel retailer solutions for commercial and industrial customers in North America.
• Energy Procurement Services Strategic sourcing and purchasing of natural gas, electricity, and water for commercial and industrial customers across deregulated and regulated markets.
• Energy Brokerage Energy market intermediation services helping commercial and industrial customers access competitive supplier rates across deregulated markets.
• Price Risk Management Hedging and risk management services to protect commercial and industrial customers from energy price volatility.
• Carbon Accounting Carbon accounting services helping organizations track and report greenhouse gas emissions across scopes.
• Sustainable Aviation Fuel (SAF) Sustainable aviation fuel supply services for aviation operators, including partnership with Neste for SAF availability at 100+ European airports under ReFuelEU and UK SAF mandates.
• avPOS Entry-level web-based point-of-sale payment processing software for FBOs with PCI and PA-DSS compliance, fuel and revenue reporting, and CRM capabilities, cloud-hosted on AWS.
• AVCARD by World Fuel Charge card solution for aviation customers providing payment processing and card management for fuel and related aviation services.
• World Fuel Rewards Loyalty rewards program for aviation customers providing points and benefits for fuel purchases at participating FBO locations.
• Air Elite Network Network of premium independent FBO locations offering consistent service standards for business aviation operators, with brand programs and marketing support for FBO partners.
• Trip Support Services International and commercial trip support services including regulatory services, handling coordination, and flight planning for aviation operators.
• Connected Truck Digital fuel meter technology for FBOs that captures fuel meter information wirelessly and syncs with World Fuel FBO software, eliminating manual errors in fuel dispensing.
• Decarbonization Strategy Strategic consulting services for organizations designing decarbonization roadmaps and emissions reduction strategies.
• Renewable Energy Sourcing Sourcing and procurement services for renewable energy including power purchase agreements, community solar, onsite solar and storage, and energy attribute certificates.
• Water Procurement and Management Water procurement and management services for commercial and industrial customers.

Quantifiable outcome

• Q1 2026 adjusted EPS of $0.75 vs $0.31 consensus estimate (120.6% beat); Q1 2026 revenue of $9.69B vs $9.29B estimate (10.87% beat)
• +3 more outcomes

Named customers2 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Five partnerships are on record, tiered core and minor.

• NestecoreStrategic or Co-development Partner · 17 February 2026Finnish renewable fuels company Neste extended its five-year agreement with World Fuel Services to expand sustainable aviation fuel (SAF) availability at more than 100 airports across World Fuel's UK and European network. The partnership combines World Fuel's aviation fuel distribution infrastructure with Neste's SAF production capabilities, including its Rotterdam refinery capable of producing up to 500,000 tons of SAF annually. Neste is scaling global SAF production capacity from 1.5 to 2.2 million tons per annum by 2027. The partnership helps both companies meet regulatory requirements including the ReFuelEU Aviation Regulation and UK SAF mandate.
• HiiROC / Zeleno Ltd / Stratus Energy PartnersminorStrategic or Co-development Partner · 23 January 2026HiiROC, through its Scottish subsidiary Zeleno Ltd, is conducting a feasibility study for developing a low-power, negative carbon Sustainable Aviation Fuel (SAF) business in Scotland using Thermal Plasma Reforming technology. The project is supported by Airbus, World Kinect, and other stakeholders including Stratus Energy Partners, with the goal of informing a full-scale SAF production plant in Scotland. World Kinect is one of several stakeholders supporting the project.
• Airbus (as project stakeholder)minorStrategic or Co-development Partner · 23 January 2026Airbus is a supporting stakeholder in the HiiROC feasibility study for negative carbon SAF production in Scotland. World Kinect is also a supporting stakeholder in the same initiative.
• Universal Weather and AviationcoreStrategic or Co-development Partner · 5 November 2025World Kinect Corporation completed its acquisition of the Trip Support Services (TSS) division of Universal Weather and Aviation. The acquisition aims to expand World Kinect's service capabilities and is expected to be approximately 7% accretive to earnings in the first year. This follows the signing of a definitive agreement in September 2025, with the combined entity offering integrated trip support and fuel services.
• Air Elite Network PartnerscoreChannel Partner/ Reseller/ DistributorWorld Fuel operates the Air Elite by World Fuel network, a global network of independent FBO partners at key aviation locations. The network expanded in 2026 with new locations including MJets Company Limited in Bangkok and Augusta Regional Airport Aviation Services in Augusta, Georgia. The network provides brand programs, marketing services, and operational support to FBO partners.

Scale indicators15 records

Recent moves10 records

Expansion highlights5 records

Broad incumbents

• BP plc: BP operates BP Air and Castrol marine lubricants, directly competing in aviation and marine fuel markets where World Kinect distributes. As a major integrated oil major, BP is much larger but competes at the wholesale fuel supply and bunker level against World Kinect's distribution platform.
• Shell plc: Shell Aviation and Shell Marine supply jet fuel and bunker fuel globally, directly overlapping with World Kinect's core aviation and marine segments. Shell's integrated upstream-to-retail footprint gives it scale advantages, but it also competes in the same aviation fuel and bunkering markets where World Kinect serves as distributor.
• Pilot Travel Centers: Pilot Travel Centers is a major North American travel center and fuel retailer that overlaps with World Kinect's Land segment in fleet fuel cards, bulk delivery, and retail fuel solutions. Operates at much larger retail scale but in adjacent rather than identical fuel distribution channels.
• Chevron Corporation: Chevron supplies aviation fuel and marine lubricants globally as part of its integrated energy portfolio, overlapping with World Kinect's wholesale fuel distribution in aviation and marine segments. Phillips 66 — which has recognized World Kinect's Land retail fuel growth — was historically part of Chevron, and the two compete at the supply and downstream distribution interface.

Direct peers

• Vitol Group: Vitol is the world's largest independent energy trader and a direct competitor to World Kinect's core fuel distribution and trading business. Both companies act as intermediaries moving physical barrels across geographies and into transportation end-markets including marine bunkering and aviation.
• Trafigura: Trafigura is a global commodity trader active in marine fuels, refined products, and energy distribution — directly overlapping with World Kinect's marine bunkering and physical fuel trading operations. Both operate as financial and operational counterparties in shipping and aviation fuel.
• Gunvor Group: Gunvor is a leading independent commodity trader with significant marine fuel and bunker trading activity. It directly competes with World Kinect's Marine segment in global shipping fuel supply, credit intermediation, and physical fuel logistics.
• Peninsula Petroleum: Peninsula is a specialist marine fuel supplier and one of the largest independent bunker traders globally, directly competing with World Kinect's 1,200+ seaport marine fuel business. Both companies focus on physical bunker supply, credit, and logistics coordination for global shipping operators.
• Bunker Holding: Bunker Holding is one of the world's largest marine fuel suppliers, offering physical and financial bunker services across global shipping routes. It directly competes with World Kinect's Marine segment for shipping-operator bunker contracts and credit intermediation.
• Mansfield Energy: Mansfield Energy is a North American fuel distributor focused on commercial, industrial, and government customers with bulk fuel delivery and card-based fleet solutions. It competes directly with World Kinect's Land segment in the U.S. fleet fuel card and bulk delivery market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/world-kinect
• Facebookfacebook.com/wfscorpcareers

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries2 records

Funding overview

Funding rounds2 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A26 records

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about World Kinect Corporation