World Kinect (WKC) Change in Taxes (2010 - 2023)

World Kinect's (WKC) quarterly Change in Taxes came in at -$3.6 million in Q4 2023, down 136.36% year-on-year from $9.9 million in Q4 2022, and down 110.65% quarter-over-quarter from $33.8 million in Q3 2023.

World Kinect (WKC) Change in Taxes (2010 - 2023) Analysis & Trends

World Kinect has disclosed Change in Taxes across 14 years of filings, most recently posting -$3.6 million for Q4 2023.

  • Change in Taxes for Q4 2023 came in at -$3.6 million, down 136.36% year-over-year; the trailing twelve-month figure through Dec 2023 was -$10.1 million (up 87.48% YoY), and the FY2023 annual result was -$10.1 million, up 87.48% from the prior year.
  • Change in Taxes came in at -$3.6 million for Q4 2023 at World Kinect, down from $33.8 million in the prior quarter.
  • In the past five years, Change in Taxes ranged from a high of $146.0 million in Q2 2022 to a low of -$323.2 million in Q3 2022.
  • The 5-year median for Change in Taxes is $3.8 million (2020), against an average of -$4.2 million.
  • Across the five-year window, Change in Taxes plunged 1208.0% in 2021 and soared 4911.11% in 2022, its largest moves.
  • World Kinect's Change in Taxes stood at $93.0 million in 2019, then tumbled by 86.56% to $12.5 million in 2020, then slumped by 1208.0% to -$138.5 million in 2021, then jumped by 107.15% to $9.9 million in 2022, then sank by 136.36% to -$3.6 million in 2023.
  • The last three Change in Taxes figures came in at -$3.6 million (Q4 2023), $33.8 million (Q3 2023), and -$1.5 million (Q2 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 Marathon Petroleum 77.58 Bn 82.10 Bn 3.31 Bn -
2 Valero Energy 77.02 Bn 74.35 Bn 30.79 Bn -
3 Phillips 66 72.14 Bn 68.14 Bn 31.12 Bn 470.00 Mn
4 HF Sinclair 12.82 Bn 11.74 Bn 1.19 Bn 9.00 Mn
5 Sunoco 8.94 Bn 8.22 Bn 1.69 Bn -
6 Cosan 5.09 Bn 222.07 Mn 552.94 Mn -
7 Icahn Enterprises 4.71 Bn 3.41 Bn -134.00 Mn -
8 PBF Energy 4.49 Bn 4.08 Bn 278.50 Mn -
9 Cvr Energy 3.07 Bn 2.75 Bn -103.00 Mn -
10 World Kinect 1.64 Bn 1.41 Bn 271.20 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2023 -3.60 Mn
Dec 31, 2023 -3.60 Mn
Sep 30, 2023 33.80 Mn
Sep 30, 2023 33.80 Mn
Jun 30, 2023 -1.50 Mn
Jun 30, 2023 -1.50 Mn
Mar 31, 2023 -38.80 Mn
Mar 31, 2023 -38.80 Mn
Dec 31, 2022 9.90 Mn
Dec 31, 2022 9.90 Mn
Sep 30, 2022 -323.20 Mn
Sep 30, 2022 -323.20 Mn
Jun 30, 2022 146.00 Mn
Jun 30, 2022 146.00 Mn
Mar 31, 2022 86.60 Mn
Mar 31, 2022 86.60 Mn
Dec 31, 2021 -138.50 Mn
Dec 31, 2021 -138.50 Mn
Sep 30, 2021 54.10 Mn
Sep 30, 2021 54.10 Mn