World Kinect Q4 GAAP loss of $102M on $111M Brazil sale loss; adjusted EPS up 15%
World Kinect reported a fourth-quarter 2024 GAAP net loss of $102 million, or $1.77 per diluted share, after a one-time non-cash pre-tax loss of approximately $111 million on the sale of its Brazil subsidiaries. Adjusted diluted EPS rose 15% to $0.62, but revenue fell 19% to $9.76 billion in the quarter and 12% to $42.17 billion for the full year, while full-year GAAP net income was $67 million, or $1.13 per diluted share.
Key points
- Q4 2024 revenue was $9.76 billion, down 19% from $12.00 billion a year earlier.
- Q4 2024 GAAP net loss was $102 million, or $1.77 per diluted share, compared with a loss of $0.58 per share in Q4 2023.
- Q4 2024 adjusted diluted EPS was $0.62, up 15% from $0.54.
- Full-year 2024 GAAP net income was $67 million, or $1.13 per diluted share; adjusted diluted EPS was $2.18, up 12%.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:55 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 20, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.