World Kinect Corp - Company Profile
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World Kinect Corp (WKC), formerly known as World Fuel Services Corp, is a fuel services company. The company is primarily involved in the distribution of fuel and related products and services. The company distributes various fuels such as aviation fuel, natural gas, lubricants, and natural gas. WKC offers its services to various industries including aviation, defense and military and marine sectors. The company’s services include fuel management, price risk management, flight planning and scheduling , LNG supply management, storage and consulting, inventory management and operational support. The company has operations across North America, Asia Pacific, Europe, the Middle East, and Africa. WKC is headquartered in Miami, Florida, the US.
World Kinect Corp premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Land Fuel and Lubricants | Fuel and Lubricants: |
| Lubricants and DEF/AdBlue | Bulk Fuel Delivery |
| Bulk Diesel Delivery | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Acquisitions/Mergers/Takeovers | In November, the company acquired Universal Weather and Aviation's trip support services business. |
| 2025 | Financing Agreements | In November, the company announced the extension of its US$2 billion senior unsecured credit facility, including both a revolving credit facility and a term loan. |
| 2025 | Contracts/Agreements | In September, the company entered into an agreement with Universal Weather and Aviation to acquire its Trip Support Services (TSS) division for US$220 million. |
Competitor Comparison
| Key Parameters | World Kinect Corp | Global Partners LP | Adams Resources & Energy Inc | Phillips 66 Partners LP | Suburban Propane Partners LP |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Miami | Waltham | Houston | Houston | Whippany |
| State/Province | Florida | Massachusetts | Texas | Texas | New Jersey |
| No. of Employees | 4,003 | 3,330 | 741 | 600 | 3,190 |
| Entity Type | Public | Public | Private | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Michael J. Kasbar | Chairman | Executive Board | 2026 | 69 |
| Ira M. Birns | Chief Executive Officer; Director | Executive Board | 2026 | 63 |
| Jose-Miguel Tejada | Chief Financial Officer; Executive Vice President | Senior Management | 2025 | 50 |
| Ruth Giansante | Chief Administrative Officer; Senior Vice President | Senior Management | - | - |
| Fernando Casadevall | Chief Human Resources Officer | Senior Management | 2019 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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