World Kinect Corporation (WKC) reported $45.58B of revenue for the twelve months ended Sep 30, 2026. That is up 21.1% from the year before. Revenue for fiscal 2025 was $36.92B.

No. World Kinect Corporation reported a net loss of $166.30M for the twelve months ended Sep 30, 2026.

How much cash and debt does WKC have?

World Kinect Corporation reported $217.90M in cash and cash equivalents and $683.90M of debt on its most recent balance sheet in SEC filings.

How fast is WKC revenue growing?

World Kinect Corporation's revenue changed -12.5% in fiscal 2025, to $36.92B. Its compound annual growth rate was +12.6% over 5 years and +2.0% over 10 years.

What is WKC gross margin?

World Kinect Corporation's gross profit was $1.16B on $45.58B of revenue for the twelve months ended Sep 30, 2026, a gross margin of 2.5%.

What is WKC free cash flow?

World Kinect Corporation generated $81.90M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $141.70M less capital expenditures.

What is WKC earnings per share?

Diluted earnings per share were -$2.88 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.

When did WKC last report financial results?

The latest statements here come from World Kinect Corporation's 10-Q filed on Oct 30, 2026, covering the period ended Sep 30, 2026.

Financials · WKC

World Kinect Corporation (WKC) financials

For the twelve months ended Sep 30, 2026, World Kinect Corporation reported $45.58B of revenue and -$166.30M of net income.

Revenue, TTM: $45.58B
Revenue growth, YoY: +21.1%
Net income, TTM: -$166.30M
Net margin: -0.4%
Free cash flow, TTM: $81.90M
EPS, diluted, TTM: -$2.88
Cash: $217.90M
Total debt: $683.90M
P/S: 0.04
Market cap: $1.83B

Annual revenue$36.92B

FY2016FY2025

Annual net income-$614.40M

FY2016FY2025

Annual free cash flow$227.30M

FY2016FY2025

WKC revenue and earnings growth

WKC revenueQ3 2026$13.27B

Quarter YoY: +41.3%
QoQ: -2.4%
FY YoY: -12.5%
5Y CAGR: +12.6%
10Y CAGR: +2.0%

WKC revenue was $13.27B in fiscal Q3 2026 (ended Sep 30, 2026), up 41.3% from a year earlier and down 2.4% from the prior quarter. For the full fiscal 2025 it was $36.92B, down 12.5% from fiscal 2024. Compound annual growth was +12.6% over 5 years and +2.0% over 10 years. It rose in 4 of the last 10 fiscal years.

WKC net incomeQ3 2026$38.00M

Quarter YoY: +47.9%
QoQ: -23.7%

WKC net income was $38.00M in fiscal Q3 2026 (ended Sep 30, 2026), up 47.9% from a year earlier and down 23.7% from the prior quarter. For the full fiscal 2025 it was -$614.40M, compared with $67.40M in fiscal 2024.

WKC EPSQ3 2026$0.70

Quarter YoY: +52.2%
QoQ: -25.5%

WKC diluted EPS was $0.70 in fiscal Q3 2026 (ended Sep 30, 2026), up 52.2% from a year earlier and down 25.5% from the prior quarter. For the full fiscal 2025 it was -$10.99, compared with $1.13 in fiscal 2024.

WKC free cash flowQ3 2026$164.40M

Quarter YoY: +61.2%
FY YoY: +18.6%
5Y CAGR: -16.3%
10Y CAGR: -5.4%

WKC free cash flow was $164.40M in fiscal Q3 2026 (ended Sep 30, 2026), up 61.2% from a year earlier. For the full fiscal 2025 it was $227.30M, up 18.6% from fiscal 2024. Compound annual growth was -16.3% over 5 years and -5.4% over 10 years. It rose in 4 of the last 6 fiscal years.

Export CSV

Income statement

Income statement
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue	$36.92B	$42.17B	$47.71B	$59.04B	$31.34B	$20.36B	$36.82B	$39.75B	$33.70B	$27.02B
Cost of revenue	$35.97B	$41.14B	$46.65B	$57.95B	$30.55B	$19.51B	$35.71B	$38.73B	$32.76B	$26.12B
Gross profit	$947.80M	$1.03B	$1.06B	$1.09B	$788.20M	$851.80M	$1.11B	$1.02B	$932.20M	$899.00M
Selling, general and admin	$282.50M	$297.10M	$308.00M	$308.70M	$247.60M	$311.10M	$322.20M	$299.60M	$306.90M	$296.80M
Operating income	-$564.70M	$210.60M	$198.00M	$273.20M	$142.60M	$137.90M	$299.70M	$259.70M	$45.60M	$188.90M
Interest expense	$112.00M	$116.00M	$135.50M	$117.40M	$47.20M	$48.60M	$80.00M	$74.80M	$66.30M	$43.70M
Pre-tax income	-$739.70M	$95.50M	$66.70M	$145.10M	$100.00M	$161.70M	$237.30M	$184.90M	-$21.10M	$142.10M
Income tax	-$127.90M	$27.60M	$13.00M	$29.20M	$25.80M	$52.10M	$56.20M	$55.90M	$149.20M	$15.70M
Net income	-$614.40M	$67.40M	$52.90M	$114.10M	$73.70M	$109.60M	$178.90M	$127.70M	-$170.20M	$126.50M
EPS, basic	-$10.99	$1.14	$0.86	$1.83	$1.17	$1.72	$2.71	$1.89	-$2.50	$1.82
EPS, diluted	-$10.99	$1.13	$0.86	$1.82	$1.16	$1.71	$2.69	$1.89	-$2.50	$1.81
Diluted shares	55.9M	59.5M	61.7M	62.7M	63.3M	64.0M	66.5M	67.7M	68.1M	69.8M

Balance sheet

Balance sheet
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Cash and equivalents	$193.50M	$382.90M	$304.30M	$298.40M	$652.20M	$658.80M	$186.10M	$211.70M	$372.30M	$698.60M
Receivables	$2.21B	$2.43B	$2.74B	$3.29B	$2.36B	$1.24B	$2.89B	$2.74B	$2.71B	$2.34B
Inventory	$454.20M	$513.50M	$664.60M	$779.90M	$477.90M	$344.30M	$593.30M	$523.10M	$505.00M	$458.00M
Current assets	$3.50B	$3.96B	$4.50B	$5.24B	$4.02B	$2.64B	$4.17B	$3.97B	$3.94B	$3.84B
Goodwill	$737.50M	$1.18B	$1.24B	$1.23B	$861.90M	$858.60M	$843.70M	$852.70M	$845.50M	$835.90M
Total assets	$5.86B	$6.73B	$7.38B	$8.16B	$5.94B	$4.50B	$5.99B	$5.68B	$5.59B	$5.41B
Current liabilities	$3.31B	$3.44B	$4.05B	$4.61B	$3.10B	$1.68B	$3.16B	$2.94B	$2.72B	$2.18B
Short-term debt	-	-	-	-	-	-	-	$41.10M	$25.60M	$15.40M
Long-term debt	$685.20M	$796.80M	$809.10M	$829.90M	$478.10M	$501.80M	$574.70M	$659.90M	$884.60M	$1.17B
Total debt	$685.20M	$796.80M	$809.10M	$829.90M	$478.10M	$501.80M	$574.70M	$701.00M	$910.20M	$1.19B
Total liabilities	$4.56B	$4.78B	$5.43B	$6.17B	$4.03B	$2.59B	$4.10B	$3.85B	$3.85B	$3.47B
Shareholders' equity	$1.30B	$1.96B	$1.95B	$1.99B	$1.92B	$1.91B	$1.89B	$1.83B	$1.74B	$1.94B

Cash flow

Cash flow
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Operating cash flow	$292.90M	$259.90M	$271.30M	$138.50M	$173.20M	$604.10M	$228.80M	-$182.50M	-$133.60M	$50.70M
Capital expenditures	$65.60M	$68.20M	$87.60M	$78.60M	$39.20M	$51.30M	$80.90M	$72.30M	$54.00M	$36.10M
Free cash flow	$227.30M	$191.70M	$183.70M	$59.90M	$134.00M	$552.80M	$147.90M	-$254.80M	-$187.60M	$14.60M
Investing cash flow	-$170.00M	$64.50M	-$101.10M	-$724.90M	-$58.30M	$72.80M	-$50.50M	$286.00M	$158.70M	-$274.00M
Financing cash flow	-$315.10M	-$230.60M	-$152.40M	$237.30M	-$113.60M	-$213.00M	-$204.90M	-$257.10M	-$361.60M	$340.90M
Dividends paid	$41.30M	$38.50M	$34.00M	$31.00M	$28.70M	$25.60M	$21.10M	$16.20M	$16.30M	$16.60M
Share repurchases	$85.00M	$100.00M	$60.10M	$48.70M	$50.50M	$68.30M	$65.40M	$20.00M	$61.90M	$41.20M
Stock-based compensation	$25.50M	$28.10M	$24.20M	$17.60M	$19.60M	-$900.0K	$23.60M	$8.30M	$21.20M	$19.20M
Depreciation and amortization	$98.20M	$106.40M	$104.50M	$107.80M	$81.00M	$85.80M	$87.40M	$81.50M	$86.00M	$82.30M

Key ratios

Key ratios
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue growth, YoY	-12.5%	-11.6%	-19.2%	88.4%	53.9%	-44.7%	-7.4%	18.0%	24.7%	-11.1%
Net income growth, YoY	-	27.4%	-53.6%	54.8%	-32.8%	-38.7%	40.1%	-	-	-27.5%
EPS growth, YoY	-	31.4%	-52.7%	56.9%	-32.2%	-36.4%	42.3%	-	-	-26.7%
Gross margin	2.6%	2.4%	2.2%	1.8%	2.5%	4.2%	3.0%	2.6%	2.8%	3.3%
Operating margin	-1.5%	0.5%	0.4%	0.5%	0.5%	0.7%	0.8%	0.7%	0.1%	0.7%
Net margin	-1.7%	0.2%	0.1%	0.2%	0.2%	0.5%	0.5%	0.3%	-0.5%	0.5%
Free cash flow margin	0.6%	0.5%	0.4%	0.1%	0.4%	2.7%	0.4%	-0.6%	-0.6%	0.1%
Return on equity	-47.3%	3.4%	2.7%	5.7%	3.8%	5.7%	9.4%	7.0%	-9.8%	6.5%
Return on assets	-10.5%	1.0%	0.7%	1.4%	1.2%	2.4%	3.0%	2.2%	-3.0%	2.3%
Current ratio	1.06	1.15	1.11	1.14	1.30	1.57	1.32	1.35	1.45	1.76
Debt to equity	0.53	0.41	0.42	0.42	0.25	0.26	0.30	0.38	0.52	0.61

Income statement

Income statement
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Revenue	$13.27B	$13.59B	$9.69B	$9.03B	$9.39B	$9.04B	$9.45B	$9.76B	$10.49B	$10.97B	$10.95B	$12.00B
Cost of revenue	$12.98B	$13.23B	$9.41B	$8.79B	$9.14B	$8.81B	$9.22B	$9.50B	$10.22B	$10.72B	$10.70B	$11.77B
Gross profit	$288.10M	$365.10M	$271.20M	$235.40M	$249.60M	$232.40M	$230.40M	$258.90M	$268.10M	$245.20M	$254.10M	$232.40M
Selling, general and admin	$101.60M	$117.50M	$77.40M	$73.30M	$69.50M	$67.30M	$72.40M	$77.40M	$71.80M	$72.80M	$75.10M	$72.10M
Operating income	$80.10M	$96.10M	$56.30M	-$275.90M	$62.90M	-$345.10M	-$6.60M	$29.90M	$72.30M	$45.20M	$63.30M	-$15.30M
Interest expense	$33.40M	$33.20M	$27.60M	$28.80M	$28.40M	$28.20M	$26.60M	$27.00M	$29.00M	$29.20M	$30.90M	$33.20M
Pre-tax income	$56.30M	$66.30M	$32.20M	-$301.70M	$38.80M	-$448.70M	-$28.10M	-$101.20M	$49.60M	$116.60M	$30.50M	-$46.60M
Income tax	$18.40M	$16.60M	$6.60M	-$22.10M	$10.70M	-$109.60M	-$6.80M	$0	$14.60M	$9.70M	$3.30M	-$11.80M
Net income	$38.00M	$49.80M	$25.60M	-$279.70M	$25.70M	-$339.10M	-$21.30M	-$101.80M	$33.50M	$106.90M	$27.20M	-$34.80M
EPS, basic	$0.74	$0.94	$0.51	-$5.02	$0.46	-$6.06	-$0.37	-$1.70	$0.57	$1.81	$0.46	-$0.57
EPS, diluted	$0.70	$0.94	$0.50	-$5.02	$0.46	-$6.06	-$0.37	-$1.70	$0.57	$1.81	$0.45	-$0.56
Diluted shares	54.4M	51.6M	52.0M	-	55.9M	56.0M	56.8M	-	59.2M	60.0M	60.3M	-

Balance sheet

Balance sheet
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Cash and equivalents	$217.90M	$135.30M	$151.10M	$193.50M	$473.60M	$403.20M	$456.40M	$382.90M	$373.80M	$524.60M	$321.30M	$304.30M
Receivables	$3.13B	$2.94B	$2.84B	$2.21B	$2.08B	$2.14B	$2.25B	$2.43B	$2.48B	$2.59B	$2.68B	$2.74B
Inventory	$744.70M	$579.30M	$739.20M	$454.20M	$501.30M	$474.90M	$503.70M	$513.50M	$619.90M	$646.70M	$654.60M	$664.60M
Current assets	$4.62B	$4.22B	$4.39B	$3.50B	$3.64B	$3.57B	$3.83B	$3.96B	$4.17B	$4.40B	$4.39B	$4.50B
Goodwill	$741.00M	$739.70M	$739.90M	$737.50M	$825.50M	$825.80M	$1.19B	$1.18B	$1.18B	$1.17B	$1.18B	$1.24B
Total assets	$7.04B	$6.60B	$6.80B	$5.86B	$6.06B	$6.05B	$6.59B	$6.73B	$6.98B	$7.19B	$7.17B	$7.38B
Current liabilities	$4.46B	$3.99B	$4.20B	$3.31B	$3.15B	$3.15B	$3.34B	$3.44B	$3.58B	$3.82B	$3.86B	$4.05B
Long-term debt	$683.90M	$736.60M	$789.60M	$685.20M	$766.60M	$775.20M	$792.30M	$796.80M	$798.00M	$797.80M	$802.60M	$809.10M
Total debt	$683.90M	$736.60M	$789.60M	$685.20M	$766.60M	$775.20M	$792.30M	$796.80M	$798.00M	$797.80M	$802.60M	$809.10M
Total liabilities	$5.75B	$5.33B	$5.59B	$4.56B	$4.43B	$4.45B	$4.66B	$4.78B	$4.93B	$5.15B	$5.22B	$5.43B
Shareholders' equity	$1.28B	$1.27B	$1.21B	$1.30B	$1.63B	$1.60B	$1.93B	$1.96B	$2.05B	$2.04B	$1.96B	$1.95B

Cash flow

Cash flow
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Operating cash flow	$175.20M	-$21.30M	-$46.40M	$34.20M	$116.10M	$28.20M	$114.40M	$120.30M	-$38.50M	$67.90M	$110.20M	$4.50M
Capital expenditures	$10.80M	$13.80M	$13.80M	$21.40M	$14.10M	$15.00M	$15.20M	$17.90M	$18.20M	$14.60M	$17.50M	$19.70M
Free cash flow	$164.40M	-$35.10M	-$60.20M	$12.80M	$102.00M	$13.20M	$99.20M	$102.40M	-$56.70M	$53.30M	$92.70M	-$15.20M
Investing cash flow	-$17.30M	$76.30M	-$11.60M	-$165.20M	$0	$1.00M	-$5.80M	-$34.40M	-$64.90M	$180.70M	-$16.90M	-$23.70M
Financing cash flow	-$69.70M	-$72.90M	$15.40M	-$151.40M	-$32.60M	-$98.70M	-$32.40M	-$68.00M	-$47.90M	-$50.40M	-$64.30M	-$12.00M
Dividends paid	$11.70M	$10.20M	$10.70M	$11.00M	$11.10M	$9.50M	$9.70M	$9.90M	$10.10M	$10.10M	$8.40M	$8.30M
Share repurchases	$0	$14.30M	$75.00M	$40.00M	$0	$35.00M	$10.00M	$42.60M	$28.30M	$29.10M	$0	$10.10M
Stock-based compensation	$9.80M	$7.10M	$7.50M	$11.70M	$4.60M	$2.40M	$6.80M	$10.40M	$5.90M	$5.90M	$5.90M	$8.00M
Depreciation and amortization	$21.80M	$20.20M	$20.00M	$25.20M	$23.50M	$23.80M	$25.60M	$31.10M	$25.50M	$24.40M	$25.30M	$26.70M

Key ratios

Key ratios
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Revenue growth, YoY	41.3%	50.3%	2.5%	-7.5%	-10.5%	-17.5%	-13.7%	-18.7%	-14.3%	-0.1%	-12.3%	-13.5%
Net income growth, YoY	47.9%	-	-	-	-23.3%	-	-	-	-4.0%	250.5%	20.4%	-
EPS growth, YoY	52.2%	-	-	-	-19.3%	-	-	-	-1.7%	277.1%	25.0%	-
Gross margin	2.2%	2.7%	2.8%	2.6%	2.7%	2.6%	2.4%	2.7%	2.6%	2.2%	2.3%	1.9%
Operating margin	0.6%	0.7%	0.6%	-3.1%	0.7%	-3.8%	-0.1%	0.3%	0.7%	0.4%	0.6%	-0.1%
Net margin	0.3%	0.4%	0.3%	-3.1%	0.3%	-3.7%	-0.2%	-1.0%	0.3%	1.0%	0.2%	-0.3%
Free cash flow margin	1.2%	-0.3%	-0.6%	0.1%	1.1%	0.1%	1.0%	1.0%	-0.5%	0.5%	0.8%	-0.1%
Current ratio	1.04	1.06	1.05	1.06	1.15	1.13	1.15	1.15	1.16	1.15	1.14	1.11
Debt to equity	0.53	0.58	0.65	0.53	0.47	0.48	0.41	0.41	0.39	0.39	0.41	0.42

Source: XBRL data World Kinect Corporation files with the SEC, latest filing dated Oct 30, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

WKC peers

Company	Revenue	Growth	Net income	Net margin	Market cap
WKC	$45.58B	+21.1%	-$166.30M	-0.4%	$1.83B
GELGenesis Energy, L.P.	$1.87B	+17.6%	$71.94M	3.9%	$1.57B
GLPGlobal Partners LP	$23.45B	+29.5%	$218.54M	0.9%	$1.53B
CAPLCrossAmerica Partners LP	$4.08B	+9.1%	$50.43M	1.2%	$754.7M
MMLPMartin Midstream Partners L.P. Limited Partnership	$807.18M	+13.2%	-$11.15M	-1.4%	$79.4M
PTLEPTL LTD	$71.65M	-27.0%	-$1.18M	-1.6%	$57.6M
TMDETMD Energy Limited	$545.04M	-20.8%	-$18.64M	-3.4%	$11.2M
UFGUni-Fuels Holdings Limited	$263.89M	+70.0%	-$1.75M	-0.7%	$9.9M

WKC FAQ

9 questions

What is WKC revenue?
World Kinect Corporation (WKC) reported $45.58B of revenue for the twelve months ended Sep 30, 2026. That is up 21.1% from the year before. Revenue for fiscal 2025 was $36.92B.
Is WKC profitable?
No. World Kinect Corporation reported a net loss of $166.30M for the twelve months ended Sep 30, 2026.
How much cash and debt does WKC have?
World Kinect Corporation reported $217.90M in cash and cash equivalents and $683.90M of debt on its most recent balance sheet in SEC filings.
How fast is WKC revenue growing?
World Kinect Corporation's revenue changed -12.5% in fiscal 2025, to $36.92B. Its compound annual growth rate was +12.6% over 5 years and +2.0% over 10 years.
What is WKC gross margin?
World Kinect Corporation's gross profit was $1.16B on $45.58B of revenue for the twelve months ended Sep 30, 2026, a gross margin of 2.5%.
What is WKC free cash flow?
World Kinect Corporation generated $81.90M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $141.70M less capital expenditures.
What is WKC earnings per share?
Diluted earnings per share were -$2.88 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
When did WKC last report financial results?
The latest statements here come from World Kinect Corporation's 10-Q filed on Oct 30, 2026, covering the period ended Sep 30, 2026.
Where does this WKC financial data come from?
Quantisnow builds these statements from the structured XBRL data World Kinect Corporation files with the SEC. It is provided for information only and is not investment advice.