World Kinect's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of World Kinect (WKC) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: World Kinect vs Its Competitors
- TTM: Trailing 12-month revenue of 45,576M vs 544,982M combined for its competitors (7.7% combined share).
- Trending: Latest-quarter revenue run-rate is accelerating (+16.5% annualized vs trailing 12 months), vs accelerating (+23.4%) for its tracked peer group.
- Growth: World Kinect generated 41.3% revenue growth year over year in Q3 2026, vs 51.3% for its competitors combined.
- Profitability: Its 0.3% net margin compares with 13.1% for the peer group.
- Scale: World Kinect ranks #1 of 8 companies by market capitalization in the Oil Refineries industry, holding 45.1% of industry market cap.
- Peer revenue share: World Kinect accounted for 7.3% of combined revenue among its tracked peer group, down from 7.8% a year earlier.
- Peer differentiation: Revenue per employee of $104.29M compares with $10.62M for the peer group (9.8x).
- Structure: World Kinect operates in the following segments: Aviation, Land, Marine.
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
WKC Sales vs. its Competitors, Q3 2026
World Kinect reported revenue growth of 41.30 % year on year in Q3 2026, below its competitors' combined revenue growth of 51.31 %.
With a net margin of 0.29 %, World Kinect reported lower profitability than its competitors (13.08 %).
World Kinect generated 7.32 % of the combined sales of its peer group, down from 7.80 % a year earlier.
API endpoints for this dataset
World Kinect vs. its Competitors, Q3 2026
Revenue growth, year on year
Net income growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in World Kinect reports; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across World Kinect and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| World Kinect Corporation | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| High-Confidence Competitors (1) | $12,345M | +12.3% · Accelerating |
| Similar-Size Competitors (3) | $12,345M | +12.3% · Accelerating |
| Similar Growth & Profitability (3) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across World Kinect's competitor groups requires a Commercial License.
For context: the Oil Refineries industry grew revenue 26.2% year over year, combined, vs 41.3% for World Kinect. World Kinect's share of combined industry revenue moved from 34.25% to 38.36%, a gain of 4.11 percentage points.
World Kinect's Competitor Quality Breadth
Group definitions: see Methodology: Performance Group Definitions.
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| World Kinect Corporation | No | Yes | Yes | No |
| Competitors combined (6) | ||||
| High-Confidence Competitors (1) | ||||
| Similar-Size Competitors (5) | ||||
| Similar Growth & Profitability (8) | 62.50 % (5 of 8) | 100.00 % (8 of 8) | 87.50 % (7 of 8) | 0.00 % (0 of 8) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
WKC Stock Performance relative to its Competitors
WKC Stock Performance relative to High-Confidence Competitors
WKC Stock Performance relative to Similar-Size Competitors
WKC Stock Performance relative to Similar Growth & Profitability Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Valero Energy Corp | 282.9% | Outperformed |
| 2 | Marathon Petroleum Corporation | 282.9% | Outperformed |
| 3 | Pbf Energy Inc | 282.9% | Outperformed |
| 4 | Phillips 66 | 282.9% | Outperformed |
| 5 | Sunoco Lp | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for World Kinect's best-performing competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
World Kinect's Comment on Competition and Industry Peers
Publicly Traded Peers of World Kinect Corporation
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
 World Kinect Corporation |
1,949.15 | 45,575.90 |
 Marathon Petroleum Corporation |
109,166.40 | 174,800.00 |
 Valero Energy Corp |
101,673.75 | 153,327.00 |
 Phillips 66 |
100,943.09 | 168,192.00 |
 Pbf Energy Inc |
8,537.71 | 38,852.90 |
 Cvr Energy Inc |
3,929.55 | 9,810.00 |
| SUBTOTAL | 326,199.65 | 630,138.80 |
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Sources: see Methodology: Peer & Competitor Identification, Sourcing.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on World Kinect Corporation versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
World Kinect's Competitors Named by the Company
Competitive relationships identified from World Kinect reports and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Corpay Inc | Company report | 85% |
| Sunoco Lp | Company report | 85% |
| Hollyfrontier Corp | Company report | 85% |
| Pbf Energy Inc | Company report | 85% |
Company report basis, confidence, active dates and source counts for World Kinect's named competitors require a Commercial License.
Methodology: see Methodology: Peer & Competitor Identification, Sourcing.
World Kinect's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| World Kinect Corporation | Aviation 57.63 % |
| Marathon Petroleum Corporation | Refining and Marketing 94.77 % |
| Valero Energy Corp | Refining 96.26 % |
| Phillips 66 | Refining 70.79 % |
| Pbf Energy Inc | Refining Group 99.96 % |
| Sunoco Lp | Refinery 5.38 % |
Source: operating segment revenue as reported in each company's reports (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
World Kinect's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| World Kinect Corporation | 1,949 | 104,292,677 | -379,863 |
| Marathon Petroleum Corporation | 109,166 | 9,448,649 | 854,865 |
| Valero Energy Corp | 101,674 | 15,628,071 | 1,364,998 |
| Phillips 66 | 100,943 | 13,348,571 | 1,003,254 |
| Pbf Energy Inc | 8,538 | 10,563,594 | 804,921 |
| Cvr Energy Inc | 3,930 | 6,403,394 | 221,932 |
| PEERS TOTAL | 324,251 | 10,622,429 | 837,791 |
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World Kinect's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent report. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| World Kinect Corporation | North America 53.65 % |
| Phillips 66 | United States 81.30 % |
Source: revenue geography as reported in each company's reports (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
World Kinect's Position in Industry Market Structure
Market-capitalization share and concentration across all 8 companies in World Kinect's industry classification, broader than the peer set above. Market cap in millions of $.World Kinect ranks #1 of 8 companies by market capitalization in its industry, holding 45.13 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 3,547, indicating a highly concentrated market structure (see Methodology: Market Structure & Concentration).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | World Kinect Corporation | 1,849 | 45.13 % |
| 2 | Global Partners Lp | 1,412 | 34.46 % |
| 3 | Crossamerica Partners Lp | 732 | 17.88 % |
| 4 | Martin Midstream Partners L p | 1,234 | 5.2% |
| 5 | Tmd Energy Limited | 1,234 | 5.2% |
| 6 | Cbl International Limited | 1,234 | 5.2% |
| 7 | Delixy Holdings Limited | 1,234 | 5.2% |
| 8 | Uni fuels Holdings Limited | 1,234 | 5.2% |
Market cap and industry share for the rest of World Kinect's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-11-09.
World Kinect's Same-Size Peers & Stock Performance
Peers chosen by closeness in market-cap rank within the same industry classification (not the named-competitor list above). Trailing 12-month total return, 3-month price momentum, beta and Sharpe ratio vs the broad U.S. market.| Rank | Company | Market Cap | TTM Return |
|---|---|---|---|
| 1 | World Kinect Corporation | 1,849 | 38.75 % |
| 2 | Global Partners Lp | 1,412 | -2.61 % |
| 3 | Crossamerica Partners Lp | 1,234 | 12.3% |
| 4 | Martin Midstream Partners L p | 1,234 | 12.3% |
| 5 | Tmd Energy Limited | 1,234 | 12.3% |
| 6 | Cbl International Limited | 1,234 | 12.3% |
Market cap, return, momentum, beta and Sharpe ratio for the rest of World Kinect's same-size peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation); returns and risk metrics as of 2026-11-09. Beta and Sharpe ratio are versus the broad U.S. equity market, not this industry.
World Kinect's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Oil Refineries industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (27 companies). See the full Oil Refineries industry profitability benchmarks.| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 2.54 % | 17.57 % (avg) | -15.0 pp |
| Operating Margin | -0.10 % | industry median | -3.2 pp |
| EBITDA Margin | 0.06 % | 8.49 % (avg) | -8.4 pp |
| Capital Intensity (Capex / Revenue) | 0.13 % | 7.17 % (avg) | -7.0 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
World Kinect's Valuation vs Competitive Position
Valuation multiples vs the Oil Refineries industry average (27 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns. See the full Oil Refineries industry valuation benchmarks.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | - | 12.1x | - |
| EV / EBITDA | 106.6x | 6.6x | +99.9x |
| P/B | 1.6x | 1.0x | +0.5x |
| Return on Equity | -13.08 % | industry aggregate | 1.92 % |
| Return on Invested Capital | -1.10 % | -1.24 % (avg) | 0.14 % |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
World Kinect's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in company reports.| Metric | 2017 | 2018 | 2019 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth | 24.73 % | 17.97 % | -7.37 % | 25.28 % | 88.41 % | -19.19 % | -11.62 % | -12.45 % |
| Operating Margin | 0.14 % | 0.65 % | 0.81 % | 0.46 % | 0.46 % | 0.42 % | 0.50 % | -1.53 % |
| Return on Invested Capital | 0.90 % | 5.70 % | 6.34 % | 2.98 % | 4.96 % | 3.71 % | 3.94 % | -12.47 % |
| P/E | - | 13.2x | 15.8x | - | - | 24.7x | 25.2x | - |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
World Kinect's Strategic Group Map
World Kinect is shown in red; its closest peers by combined growth, margin and ROIC are labeled. See Methodology: Strategic Group Map for how this chart is built.
World Kinect's trailing-12-month revenue growth of 21.1% and operating margin of -0.1% compares with an average of 15.5% growth and 4.6% margin across its 8 closest peers by combined growth, margin and ROIC -- World Kinect sits above that peer average on growth and below it on margin.
Source: CSIMarket API, trailing 12 months. Extreme outlier values (from near-zero-revenue companies) are excluded from the plotted cloud but never from the highlighted company or its labeled peers.
World Kinect's BCG Growth-Share Matrix
See Methodology: BCG Growth-Share Matrix for how relative share and growth are calculated and thresholded.
World Kinect falls in the Cash Cow quadrant: relative market share of 1.31x vs its largest competitor, in an industry growing revenue 2.1% (median, trailing 12 months).
Source: CSIMarket API (market-cap share and industry revenue growth). The 10% growth and 1.0x share lines are standard textbook thresholds, not derived from this industry's own distribution.
World Kinect's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | Low | Industry HHI of 3,547 (see Industry Market Structure & Concentration above) |
| Barriers to Entry | Lower than typical for the industry | Capital intensity (capex / revenue) of 0.13 % vs industry average 7.17 % (see Profitability & Cost Structure above) |
Note: see Methodology: Porter's Five Forces. Supplier power and buyer power are covered on World Kinect's dedicated Suppliers and Customers pages, not here.
World Kinect's Industry Attractiveness & Competitive Strength
See Methodology: GE/McKinsey Matrix for how the two axes are built.
World Kinect falls in the Medium attractiveness / Medium strength cell: Selective.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
World Kinect's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Market leader by capitalization in its industry (#1 of 8, 45.13 % share).
- Latest-quarter revenue run-rate is accelerating (+16.5% annualized vs trailing 12 months).
- Outperforming the U.S.A. 500 over the trailing 12 months.
Weaknesses
No rule matched.
Opportunities
No rule matched.
Threats
No rule matched.
Methodology: see Methodology: SWOT Analysis.
World Kinect's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| World Kinect Corporation | 0.04 | 1.05 | 0.86 |
| Marathon Petroleum Corporation | 0.26 | 1.29 | 1.92 |
| Valero Energy Corp | 0.40 | 1.65 | 0.31 |
| Phillips 66 | 0.21 | 1.26 | 0.67 |
| Pbf Energy Inc | 0.26 | 1.37 | 0.35 |
| Cvr Energy Inc | 0.70 | 1.59 | 2.93 |
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Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
World Kinect's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| World Kinect Corporation | Q3 2026 | +41.3 % | +35.2 % |
| Marathon Petroleum Corporation | Q3 2026 | +61.0 % | +283.3 % |
| Valero Energy Corp | Q3 2026 | +43.3 % | +540.5 % |
| Phillips 66 | Q3 2026 | +46.4 % | +3,262.9 % |
| Pbf Energy Inc | Q3 2026 | +58.6 % | +790.7 % |
| Cvr Energy Inc | Q3 2026 | +68.8 % | +42.1 % |
| PEERS TOTAL | +55.4 % | +477.6 % |
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Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
World Kinect's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| World Kinect Corporation | Q3 2026 | +42.0 % | -23.4 % |
| Marathon Petroleum Corporation | Q3 2026 | +40.4 % | +19.0 % |
| Valero Energy Corp | Q3 2026 | +20.7 % | - |
| Phillips 66 | Q3 2026 | +35.1 % | - |
| Pbf Energy Inc | Q3 2026 | +30.9 % | -21.7 % |
| Cvr Energy Inc | Q3 2026 | +80.5 % | +63.2 % |
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World Kinect's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| World Kinect Corporation | - | - | - |
| Marathon Petroleum Corporation | 17.15% | 17.01% | 61.37% |
| Valero Energy Corp | 21.19% | 26.74% | 47.45% |
| Phillips 66 | 15.53% | 19.44% | 39.46% |
| Pbf Energy Inc | 20.31% | 25.88% | 46.53% |
| Cvr Energy Inc | 8.28% | 8.51% | 37.42% |
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ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
World Kinect's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| World Kinect Corporation | - | 0.04 |
| Marathon Petroleum Corporation | 7.64 | 0.62 |
| Valero Energy Corp | 8.03 | 0.66 |
| Phillips 66 | 8.09 | 0.60 |
| Pbf Energy Inc | 3.10 | 0.22 |
| Cvr Energy Inc | 15.52 | 0.40 |
| PEERS AVERAGE | 7.10 | 0.52 |
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P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.