WKC (World Kinect) Scaled Net Operating Assets: 0.32 (As of Mar. 2026)


WKC World Kinect Corp WKC
70 GF Score
Price $33.72
GF Value $25.30
Valuation Significantly Overvalued
! 9 Warning Signs
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What is World Kinect Scaled Net Operating Assets?

World Kinect WKC +4.75% 70 Scaled Net Operating Assets is 0.32 as of Mar. 2026. GuruFocus rates WKC with a GF Score™ of 70/100 and a GF Value™ of $25.30 (Significantly Overvalued). The stock has 9 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

World Kinect's operating assets for the quarter that ended in Mar. 2026 was $6,652 Mil. World Kinect's operating liabilities for the quarter that ended in Mar. 2026 was $4,793 Mil. World Kinect's Total Assets for the quarter that ended in Dec. 2025 was $5,864 Mil. Therefore, World Kinect's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.32.


World Kinect Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for World Kinect's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

World Kinect Scaled Net Operating Assets Chart

World Kinect Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.43 0.31 0.33 0.27

World Kinect Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.35 0.31 0.32 0.30 0.32

WKC vs APC, CAPL, CLNE: Scaled Net Operating Assets Comparison

For the Oil & Gas Refining & Marketing subindustry, World Kinect's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


World Kinect Scaled Net Operating Assets vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, World Kinect's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where World Kinect's Scaled Net Operating Assets falls into.


WKC
70GF Score
World Kinect Corp WKC
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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World Kinect Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

World Kinect's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(5670.4-3858.9)/6731.8
=0.27

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5863.9 - 193.5
=5670.4

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4556 - 685.2 - 11.9
=3858.9

World Kinect's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(6651.9-4792.5)/5863.9
=0.32

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6803 - 151.1
=6651.9

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5591.2 - 789.6 - 9.1
=4792.5

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Scaled Net Operating Assets of 0.32 mean?
World Kinect (WKC) has a Scaled Net Operating Assets of 0.32 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on World Kinect and its competitors.
Is World Kinect's Scaled Net Operating Assets too high?
World Kinect's current Scaled Net Operating Assets is 0.32. Overall, World Kinect has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does World Kinect's Scaled Net Operating Assets compare to APC and CAPL?
World Kinect's Scaled Net Operating Assets of 0.32 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Oil & Gas company?
A good Scaled Net Operating Assets depends on the Oil & Gas industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on World Kinect and its competitors. World Kinect's current Scaled Net Operating Assets is 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is World Kinect stock overvalued right now?
Based on GuruFocus' analysis, World Kinect (WKC) is currently considered Significantly Overvalued. The stock's GF Value™ is $25.30, compared to a current price of $33.72 — trading 33.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.32. World Kinect's overall GF Score™ is 70/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For World Kinect (WKC), the current Scaled Net Operating Assets is 0.32 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is World Kinect (WKC) Overvalued in 2026?

Based on GuruFocus' analysis, World Kinect stock appears to be overvalued. The current stock price of $33.72 is trading 33.3% above its estimated GF Value™ of $25.30. GuruFocus considers World Kinect to be Significantly Overvalued.

Key valuation signals for WKC:

  • Scaled Net Operating Assets: 0.32
  • GF Value™: $25.30 vs. price of $33.72 (33.3% above fair value)
  • GF Score™: 70/100 with 9 warning signs

No single metric tells the full story. See the WKC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


World Kinect Business Description

Industry EnergyOil & Gas
Other Exchanges WFK:Germany
Address 9800 Northwest 41st Street, Miami, FL, USA, 33178
World Kinect Corp is an energy management company involved in providing supply fulfillment, energy procurement advisory services, and transaction and payment management solutions to commercial and industrial customers. It sells and delivers liquid fuels, natural gas, electricity, renewable energy, and other sustainability solutions. The company operates in three reportable segments consisting of aviation, land, and marine. It earns the majority of its revenue from the Aviation segment.
70GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$33.72
Price
$25.30
GF Value