World Fuel Services provides energy procurement advisory, supply fulfillment and transaction, and payment management solutions to commercial and industrial customers in the aviation, marine, and transportation industries. The company's global team of market makers offers deep domain expertise in all aspects of aviation, marine and land fuel management. The Company also provides transaction management services which consist of card payment solutions and merchant processing services to customers in the aviation, marine and land transportation industries.

Type
Public
HQ
Miami, US
Founded
1984
Size (employees)
5,000 (est)
World Fuel Services was founded in 1984 and is headquartered in Miami, US
Report incorrect company information

Key People/Management at World Fuel Services

Michael Kasbar

Michael Kasbar

Chairman and Chief Executive Officer
Ira Birns

Ira Birns

Executive Vice President and Chief Financial Officer
John Rau

John Rau

Executive Vice President of Global Aviation and Marine
Michael Crosby

Michael Crosby

Executive Vice President of Global Land
Wade DeClaris

Wade DeClaris

Chief Commercial Officer
Francis Lee Boon Meng

Francis Lee Boon Meng

Executive Vice President of Marine
Carlos Velazquez

Carlos Velazquez

Chief Accounting Officer and Senior Vice President, Finance
Amy Abraham

Amy Abraham

Senior Vice President and Chief Marketing Office
Alexander Lake

Alexander Lake

Senior Vice President, General Counsel and Corporate Secretary
Massoud Sedigh

Massoud Sedigh

Chief Information Officer

World Fuel Services Office Locations

World Fuel Services has an office in Miami, Houston, Saint Paul, Viña del Mar and in 44 other locations
Miami, US (HQ)
9800 N.W. 41 Street
Alamosa, US
615 State Ave
Boulder, US
200 777 29th St
Broken Arrow, US
721 W Queens St
Denver, US
350 4643 S Ulster St
Greenwich, US
2 Greenwich Office Park
Show all (55)
Report incorrect company information

World Fuel Services Financials and Metrics

World Fuel Services Financials

World Fuel Services's revenue was reported to be $27.02 b in FY, 2016 which is a 11.1% decrease from the previous period.
USD

Revenue (Q2, 2017)

8.1 b

Gross profit (Q2, 2017)

231 m

Gross profit margin (Q2, 2017), %

2.9%

EBIT (Q2, 2017)

51.2 m

Market capitalization (5-Feb-2018)

1.8 b

Cash (4-Feb-2018)

575.6 m

EV

2.3 b
World Fuel Services's current market capitalization is $1.8 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

41.6 b43.4 b30.4 b27 b

Revenue growth, %

4%(30%)(11%)

Cost of goods sold

40.8 b42.6 b29.5 b26.1 b

Gross profit

752.8 m813.6 m860.5 m899 m
Quarterly
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

8.5 b7.8 b5.2 b6.6 b7.4 b8.2 b8.1 b

Cost of goods sold

8.3 b7.6 b5 b6.4 b7.2 b8 b7.9 b

Gross profit

190.4 m226.7 m223.8 m218.5 m236.7 m231.4 m231 m

Gross profit Margin, %

2%3%4%3%3%3%3%
Annual
usdY, 2009Y, 2010Y, 2011Y, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

298.8 m272.9 m205.4 m172.7 m292.1 m302.3 m582.5 m698.6 m

Accounts Receivable

2.5 b2.3 b1.8 b2.3 b

Inventories

655 m437.6 m359.1 m458 m

Current Assets

3.8 b3.7 b3.3 b3.8 b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

333.2 m446.5 m396.6 m388.5 m391 m489.7 m609.6 m689.7 m737.2 m872.3 m619.3 m575.6 m

Accounts Receivable

2.5 b2.8 b2.9 b2.8 b2.2 b2.4 b2 b1.7 b2 b2.1 b2.2 b2.2 b

Inventories

614.3 m584.8 m702.6 m679.5 m421.9 m450.8 m414 m333.7 m373.5 m484.5 m460 m441.8 m

Current Assets

3.8 b4.1 b4.4 b4.3 b3.6 b3.9 b3.7 b3.1 b3.5 b3.8 b3.6 b3.6 b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

207.2 m218.4 m183 m126.4 m

Inventories

(77.8 m)232.3 m81.4 m(49.5 m)

Accounts Payable

385.5 m(585.7 m)(481.5 m)423.4 m

Cash From Operating Activities

264.3 m141.2 m447.5 m205.2 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

153.8 m50.5 m96.9 m151.4 m54.6 m82.9 m131.5 m52.3 m81.3 m124.4 m31.1 m61.3 m

Depreciation and Amortization

32.8 m12.5 m27.1 m41.9 m13.4 m28.5 m44.9 m18.4 m36.7 m58.4 m22.6 m43.4 m

Inventories

(40.2 m)91.3 m(25.2 m)(11.6 m)13 m(17.2 m)22.6 m26.1 m(10.2 m)(89.3 m)700 k15.2 m

Accounts Payable

316 m(77.9 m)121.5 m10 m(91.9 m)50.8 m(213.4 m)(191.2 m)190 m213.2 m(44.7 m)12.8 m
USDY, 2017

EV/EBIT

44.2 x

EV/CFO

14.5 x

EV/FCF

18.2 x

Revenue/Employee

1.6 m

Financial Leverage

2.7 x
Show all financial metrics

World Fuel Services Operating Metrics

Y, 2015

Oil Production Volume, barrels per day

1 m
Show all operating metrics
Report incorrect company information