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TMD Energy vs World Kinect: revenue, profit, margins and growth compared

TMD Energy brought in $688.6M of revenue in fiscal 2024, World Kinect $36.9B in fiscal 2025. Revenue changed by +8.8% at TMD Energy and -12.5% at World Kinect on the year before, so TMD Energy grew faster. TMD Energy kept 0.3% of its revenue as net profit, World Kinect -1.7%. Free cash flow was -$28M at TMD Energy and $227.3M at World Kinect.

Side by side, latest fiscal year

TMDEWKC
Fiscal year endedFY2024 (December 31, 2024)FY2025 (December 31, 2025)
Revenue$688.6M$36.9B
Revenue growth+8.8%-12.5%
Net income$1.9M-$614.4M
Net margin0.3%-1.7%
Free cash flow-$28M$227.3M
Free cash flow margin-4.1%0.6%
Earnings per share (diluted)$0.09-$10.99
Cash$16.1M$193.5M
Debt$1.3M$697.1M
Price to earningsn/an/a
Market valuen/a$1.8B
Dividend yieldn/a2.16%
Rank by revenue in sector#90 of 146 · Energy#12 of 146 · Energy

Over the years

Revenue
TMDE FY2022: $702.1MTMDE FY2024: $633.1MTMDE FY2024: $688.6MWKC FY2018: $39.8BWKC FY2019: $36.8BWKC FY2020: $20.4BWKC FY2021: $31.3BWKC FY2022: $59BWKC FY2023: $47.7BWKC FY2024: $42.2BWKC FY2025: $36.9BFY18FY19FY20FY21FY22FY23FY24FY25
TMDE $688.6MWKC $36.9B
Net income
TMDE FY2022: $2.4MTMDE FY2024: $2MTMDE FY2024: $1.9MWKC FY2018: $127.7MWKC FY2019: $178.9MWKC FY2020: $109.6MWKC FY2021: $73.7MWKC FY2022: $114.1MWKC FY2023: $52.9MWKC FY2024: $67.4MWKC FY2025: -$614.4MFY18FY19FY20FY21FY22FY23FY24FY25
TMDE $1.9MWKC -$614.4M
Net margin
TMDE FY2022: 0.3%TMDE FY2024: 0.3%TMDE FY2024: 0.3%WKC FY2018: 0.3%WKC FY2019: 0.5%WKC FY2020: 0.5%WKC FY2021: 0.2%WKC FY2022: 0.2%WKC FY2023: 0.1%WKC FY2024: 0.2%WKC FY2025: -1.7%FY18FY19FY20FY21FY22FY23FY24FY25
TMDE 0.3%WKC -1.7%
Revenue growth
TMDE FY2024: -9.8%TMDE FY2024: +8.8%WKC FY2019: -7.4%WKC FY2020: -44.7%WKC FY2021: +53.9%WKC FY2022: +88.4%WKC FY2023: -19.2%WKC FY2024: -11.6%WKC FY2025: -12.5%FY19FY20FY21FY22FY23FY24FY25
TMDE +8.8%WKC -12.5%
Free cash flow
TMDE FY2022: -$6.1MTMDE FY2024: -$2.5MTMDE FY2024: -$28MWKC FY2018: -$254.8MWKC FY2019: $147.9MWKC FY2020: $552.8MWKC FY2021: $134MWKC FY2022: $59.9MWKC FY2023: $183.7MWKC FY2024: $191.7MWKC FY2025: $227.3MFY18FY19FY20FY21FY22FY23FY24FY25
TMDE -$28MWKC $227.3M

Fiscal years as each company reports them; the two may end in different months.

Questions about TMD Energy and World Kinect

Which is bigger by revenue, TMD Energy or World Kinect?

World Kinect is bigger by revenue: $36.9B in fiscal 2025, against $688.6M for TMD Energy in fiscal 2024.

Which keeps more of its revenue as profit, TMD Energy or World Kinect?

TMD Energy had a net margin of 0.3% in fiscal 2024; World Kinect had -1.7% in fiscal 2025.

Which grew revenue faster, TMD Energy or World Kinect?

In their latest fiscal years revenue changed by +8.8% at TMD Energy and -12.5% at World Kinect.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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