World Fuel Services was founded in 1984 and is headquartered in Miami, US
Key People at World Fuel Services
Michael J. Kasbar
Chairman and Chief Executive Officer
Ira M. Birns
Executive Vice President and Chief Financial Officer
John P. Rau
Executive Vice President of Global Aviation and Marine
Michael Crosby
Executive Vice President of Global Land
Wade N. DeClaris
Chief Commercial Officer
Francis Lee Boon Meng
Executive Vice President of Marine
Carlos Velazquez
Chief Accounting Officer and Senior Vice President, Finance
Amy Abraham
Senior Vice President and Chief Marketing Office
R. Alexander Lake
Senior Vice President, General Counsel and Corporate Secretary
Massoud Sedigh
Chief Information Officer
World Fuel Services Office Locations
World Fuel Services has offices in Miami, Doral, Singapore and London
Miami, US (HQ)
33178 Nw 41st St
Doral, US
9800 Nw 41st St
World Fuel Services Data and Metrics
World Fuel Services Financial Metrics
World Fuel Services's revenue was reported to be $27 b in FY, 2016 which is a 11% decrease from the previous period.
USD
Revenue (FY, 2016) | 27 b |
Revenue growth (FY, 2015 - FY, 2016), % | (11%) |
Gross profit (FY, 2016) | 899 m |
Gross profit margin (FY, 2016), % | 3% |
Net income (FY, 2016) | 126.4 m |
EBIT (FY, 2016) | 188.9 m |
Market capitalization (21-Jul-2017) | 2.7 b |
Cash (31-Dec-2016) | 698.6 m |
EV | 3.2 b |
World Fuel Services's current market capitalization is $2.7 b.
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Revenue | 41.6 b | 43.4 b | 30.4 b | 27 b |
Revenue growth, % | 4% | (30%) | (11%) | |
Cost of goods sold | 40.8 b | 42.6 b | 29.5 b | 26.1 b |
Gross profit | 752.8 m | 813.6 m | 860.5 m | 899 m |
Gross profit Margin, % | 2% | 2% | 3% | 3% |
Operating expense total | 488.4 m | 544.5 m | 613.3 m | 710.1 m |
EBIT | 264.4 m | 269.1 m | 247.2 m | 188.9 m |
EBIT margin, % | 1% | 1% | 1% | 1% |
Pre tax profit | 246.7 m | 269.6 m | 219.3 m | 142.1 m |
Income tax expense | 39.5 m | 51.1 m | 36.3 m | 15.7 m |
Net Income | 207.2 m | 218.4 m | 183 m | 126.4 m |
| USD | Y, 2009 | Y, 2010 | Y, 2011 | Y, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|---|---|---|---|
Cash | 298.8 m | 272.9 m | 205.4 m | 172.7 m | 292.1 m | 302.3 m | 582.5 m | 698.6 m |
Accounts Receivable | 2.5 b | 2.3 b | 1.8 b | 2.3 b | ||||
Inventories | 655 m | 437.6 m | 359.1 m | 458 m | ||||
Current Assets | 3.8 b | 3.7 b | 3.3 b | 3.8 b | ||||
PP&E | 129.7 m | 202.7 m | 225.6 m | 311.2 m | ||||
Goodwill | 483.6 m | 656.1 m | 675.8 m | 835.8 m | ||||
Total Assets | 4.7 b | 4.9 b | 4.5 b | 5.4 b | ||||
Accounts Payable | 2.2 b | 1.9 b | 1.3 b | 1.8 b | ||||
Total Debt | 449.1 m | 672 m | 746.7 m | 1.2 b | ||||
Current Liabilities | 2.5 b | 2.2 b | 1.8 b | 2.2 b | ||||
Additional Paid-in Capital | 495.2 m | 496.4 m | 435.3 m | 399.9 m | ||||
Retained Earnings | 1.2 b | 1.4 b | 1.6 b | 1.7 b | ||||
Total Equity | 1.7 b | 1.9 b | 1.9 b | 1.9 b | ||||
Debt to Equity Ratio | 0.3 x | 0.4 x | 0.4 x | 0.6 x | ||||
Debt to Assets Ratio | 0.1 x | 0.1 x | 0.2 x | 0.2 x | ||||
Financial Leverage | 2.8 x | 2.6 x | 2.4 x | 2.8 x |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Net Income | 207.2 m | 218.4 m | 183 m | 126.4 m |
Accounts Receivable | (329 m) | 462.5 m | 483.2 m | (506.8 m) |
Inventories | (77.8 m) | 232.3 m | 81.4 m | (49.5 m) |
Accounts Payable | 385.5 m | (585.7 m) | (481.5 m) | 423.4 m |
Cash From Operating Activities | 264.3 m | 141.2 m | 447.5 m | 205.2 m |
Capital Expenditures | (82.7 m) | (50.2 m) | (51 m) | (36.1 m) |
Cash From Investing Activities | (174.6 m) | (297.1 m) | (144.7 m) | (428.5 m) |
Long-term Borrowings | (5.6 b) | (4.8 b) | (4.3 b) | |
Cash From Financing Activities | 29.5 m | 169.5 m | (17.1 m) | 340.9 m |
Interest Paid | 19.1 m | 29.2 m | 33.1 m | 40.7 m |
Income Taxes Paid | 34.6 m | 40.8 m | 44 m | 37.5 m |
Free Cash Flow | 347 m | 191.3 m | 498.5 m | 241.3 m |
| USD | Y, 2016 |
|---|---|
EV/EBIT | 16.7 x |
EV/CFO | 15.4 x |
EV/FCF | 13.1 x |
Revenue/Employee | 5.7 m |
Debt/Equity | 0.6 x |
Debt/Assets | 0.2 x |
Financial Leverage | 2.8 x |
