HF Sinclair vs World Kinect
World Kinect reported revenue of $36.9 billion in fiscal 2025, 1.4 times HF Sinclair's $26.9 billion in fiscal 2025. HF Sinclair's revenue fell 6.0% in its latest year, and World Kinect's fell 12.4%. HF Sinclair had an operating margin of 3.5%, against -1.5% at World Kinect. Free cash flow was $866 million at HF Sinclair and $227 million at World Kinect.
Side by side
| HF Sinclair | World Kinect | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $26.9B | $36.9B |
| Revenue growth | −6.0% | −12.4% |
| Revenue growth a year, last 5 years | 19.2% | 12.6% |
| Gross margin | 19.0% | 2.6% |
| Operating margin | 3.5% | −1.5% |
| Net margin | 2.1% | −1.7% |
| Free cash flow | $866M | $227M |
| Free cash flow margin | 3.2% | 0.6% |
| Return on capital | 6.6% | −20.9% |
| Net debt to EBITDA | 1.0x | — |
| Dividends and buybacks | $730M | $126M |
| Change in diluted share count | −2.9% | −6.0% |
| Last close | $125.25 | $36.37 |
| P/E at the last close | 11.9× | — |
| Insider trades, last 12 months | bought $2.4 million, sold $1.7 million | sold $6.9 million |
| Piotroski F-score | 8 of 9 | 5 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
HF SinclairWorld Kinect
Operating margin
Percent of revenue
HF SinclairWorld Kinect
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
HF SinclairWorld Kinect
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the HF Sinclair and World Kinect pages.