Kirby Corporation

Kirby Corporation

KEX
Kirby CorporationUS flagNew York Stock Exchange
143.42
USD
+3.10
- -
7.67BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
39.79
45.28
39.24
33.13
40.04
49.88
47.5
36.24
37.41
46.38
51.93
56.36
60.4
62.35
Basic EPS, GAAP
4.49
4.98
4.14
2.65
5.66
1.32
2.38
-4.55
-4.11
2.04
3.74
4.95
6.37
6.55
Free Cash Flow per Basic Share
10.67
7.74
9.58
7.78
6.39
5.83
8.57
7.43
5.35
4.9
9.07
13.05
12.03
13.32
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
30.13
34.94
40.32
43.93
47.98
45.84
48.08
43.4
39.18
41.23
45.32
51.51
59.96
62.31
Tangible Book Value per Share
25.39
29.53
30.92
32.32
35.19
34.22
36.94
39.4
39.8
42.56
45.44
49.7
52.32
53.74
Basic Weighted Avg Shares
56
57
55
53
55
60
60
60
60
60
60
58
56
55
Sales/Revenue/Turnover
2,242
2,566
2,148
1,771
2,214
2,971
2,838
2,171
2,247
2,785
3,092
3,266
3,364
3,422
Operating Margin (%)
19.41
18.51
17.65
13.98
9.2
8.12
9.49
6.47
3.42
6.63
10.68
13.88
14.61
14.38
Depreciation Expense
164
169
192
201
203
225
220
220
214
201
211
240
264
269
Net Income, GAAP
253
282
227
141
313
78
142
-273
-247
122
223
287
355
360
Effective Tax Rate (%)
37.29
37.36
36.97
37.3
- -
30.73
24.66
- -
- -
25.59
24.21
20.91
24.61
24.23
Profit Margin (%)
11.29
10.99
10.56
7.99
14.14
2.64
5.02
-12.55
-10.99
4.39
7.21
8.78
10.54
10.51
Working Capital
198
209
279
275
477
489
403
582
460
570
459
334
371
425
LT Debt
749
600
775
723
992
1,410
1,509
1,632
1,321
1,218
1,147
1,015
1,082
1,137
Total Equity
2,022
2,265
2,279
2,413
3,114
3,216
3,372
3,088
2,889
3,045
3,187
3,353
3,383
3,417
Return on Invested Capital (%)
9.69
10.31
7.89
5
- -
3.81
4.23
- -
- -
3.19
5.73
8.08
8.23
8.08
Return on Capital (%)
10.58
11.34
8.32
4.98
- -
2.83
4.3
- -
- -
4.16
6.88
8.2
9.12
8.8
Return on Common Equity (%)
16.1
15.33
10.83
6.21
12.52
2.91
5.08
-9.96
-9.97
5.07
8.62
10.09
11.21
11.1

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
52
53
48
LT Borrowings
1,042
912
977
LT Finance Leases
159
170
159
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
55
54
53
Market Capitalization
4,717
6,139
7,294

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
1,160
1,078
1,142
Cash, Cash Equivalents & STI
47
79
58
Accounts Receivable, Net
524
473
536
Inventories
424
398
418
Total Current Liabilities
684
707
717
Payables & Accruals
443
386
464
ST Debt
52
53
48
Deferred Revenue
189
202
205

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.44%
1.95%
0.88%
Free Cash Flow
7.29%
15.2%
-11.41%
Net Income, GAAP
-22.54%
-4.87%
23.67%
Sales/Revenue/Turnover
6.08%
9.42%
3.01%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
808
824
831
802
3,266
2025
786
855
871
852
3,364
2026
844
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.2
1.44
1.56
0.75
4.95
2025
1.33
1.68
1.66
1.69
6.37
2026
1.51
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

MCPAPIChat
CEO
David W. Grzebinski
Full Time Employees
5,414
Sector
Industrials
Industry
Marine Shipping
Address
55 Waugh Drive Houston TX United States of America 77007
IPO Date
Mar 17, 1980
Business
Kirby Corporation operates as the largest domestic tank barge operator in the United States, specializing in the transportation of bulk liquid products such as petrochemicals, refined petroleum products, black oil products, and agricultural chemicals. Its Marine Transportation segment provides marine transportation services and towing along the Mississippi River System, the Gulf Intracoastal Waterway, and all three U.S. coasts including operations in the Caribbean and Eastern Canada. The company operates a fleet of inland tank barges with capacities ranging from 10,000 to 185,000 barrels and a range of coastal tugboats. In addition to marine transportation, Kirby’s Distribution and Services segment is a leading nationwide provider and distributor of diesel engines, transmissions, parts, industrial equipment, and oilfield service equipment, including well stimulation units, cementing units, well intervention systems, drive systems, gensets, and railcar movers under brands such as United Engines and S&S. The company serves a broad customer base across oil and gas, marine, on- and off-highway transportation, power generation, mining, construction, and agriculture sectors. Founded in 1921 and headquartered in Houston, Texas, Kirby maintains significant strategic scale with operations concentrated in the U.S. inland waterways and coastal regions. Recent major developments include the acquisition of the Savage Inland Marine inland barge fleet completed in early 2025, enhancing Kirby’s inland marine capacity. The company has also increased capital expenditures considerably in 2025, planning to spend between $280 million and $320 million on fleet maintenance and expansion, including investments in new barges and tugboats to meet strong market demand. Operational improvements and favorable market conditions have supported improved contract pricing and utilization levels in both inland and coastal marine segments. Financially, Kirby reported strong growth in distribution and services revenue, notably a 56% year-over-year increase in power generation revenue in third quarter 2025, alongside strategic share repurchase programs. The company emphasizes safety, environmental stewardship, and customer service while leveraging a young and efficient fleet with recent investments in state-of-the-art articulated tug barges and fuel-efficient tugboats. Kirby's marine transportation business primarily focuses on transporting liquid bulk cargo through the Mississippi River System, Gulf Intracoastal Waterway, and along the Atlantic and Pacific coasts, including major U.S. ports and adjoining areas such as the Caribbean and Eastern Canada. The Distribution and Services segment provides extensive aftermarket service and product support through strategically located facilities near major oil and gas basins and transportation corridors across the U.S. The company targets blue-chip industrial and energy customers requiring reliable, large-scale marine logistics and diesel power solutions. Kirby’s geographic operational footprint is primarily domestic but extends its products and services internationally, including Central and South America, Europe, the Middle East, and Russia, through its Distribution and Services segment. Overall, Kirby Corporation combines marine transportation of liquid bulk commodities with a comprehensive distribution and services portfolio centered on diesel engines, industrial equipment, and oilfield service technologies. Its strategic investments, recent acquisitions, and operational initiatives position it strongly within the U.S. inland and coastal marine transportation industry as well as the diesel engine and equipment distribution markets. This description reflects Kirby’s core products, services, geographic focus, and recent major developments including fleet expansion, acquisitions, and financial performance reported in 2025.

Company News

MCPAPIChat
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  • CTEV SHAREHOLDER ALERT: Investors Encouraged to Contact Kirby McInerney LLP About Potential Securities Laws Violations