World Fuel Services

F500 2018-World Fuel Services
Courtesy of World Fuel Services
  • Previous Rank
    91
  • Revenues ($M)
    39750.3
  • Revenue Percent Change
    18.0
  • Profits ($M)
    127.7
  • Profits Percent Change
  • Assets ($M)
    5676.9
  • Employees
    5000

Aviation, marine, and land fuel provider World Fuel Services spent 2018 sailing away from stormy weather. The oil supply glut of 2014 eased, with prices beginning to recover. Meanwhile, a string of recent acquisitions and the appointment of former IBM CIO Jeff Smith as COO shored up the company’s strategic bulwarks. Revenue rose 18% to $39.8 billion, and the company logged $128 million in net income, compared with a $170.3 million net loss in 2017. The turnaround was mainly due to record aviation fuel results and a rebound in profitability for its marine segment. Setting course for 2019, World Fuel paid down $225.5 million in long-term debt. U.S. sanctions on Iran's oil exports should also bring smoother waters.

Company Info

CEOMichael J. Kasbar
CEO TitleChairman, President & Chief Executive Officer
SectorEnergy
IndustryEnergy
HQ LocationMiami, Fla.
Websitewww.wfscorp.com
Years on Fortune 500 List15
Employees5,000

Key Financials (Last Fiscal Year)

Revenues ($M)$39,750.3
Profits ($M)$127.7
Assets ($M)$5,676.9
Total Stockholder Equity ($M)$1,815.4

Profit Ratios

Profit as % of Revenues0.3%
Profits as % of Assets2.2%
Profits as % of Stockholder Equity7.0%

Earnings Per Share (Last Fiscal Year)

Earnings Per Share ($)2
EPS % Change (from 2017)-
EPS % Change (5 year annual rate)-7.8%
EPS % Change (10 year annual rate)0.4%

Total Return

Total Return to Investors (2018)-23.2%
Total Return to Investors (5 year, annualized)-12.6%
Total Return to Investors (10 year, annualized)2.0%