NYSE : KEX
Kirby Corporation — Financial statements
Industrials · Marine Shipping · United States
Last price 143.93 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 7.60B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Kirby Corporation (KEX) reported revenue of 3.60B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 3.60B | 3.36B | 3.27B | 3.09B | 2.78B | 2.25B |
| Cost of Revenue | 2.40B | 2.22B | 2.26B | 2.18B | 2.06B | 1.65B |
| Gross Profit | 1.19B | 1.15B | 1.01B | 911.22M | 723.81M | 593.70M |
| Selling, General & Admin | 351.63M | 338.11M | 326.90M | 330.41M | 288.79M | 258.71M |
| Other Operating Expenses | 36.48M | 35.62M | 34.91M | 34.77M | 35.07M | 36.16M |
| Operating Expenses | 666.14M | 637.85M | 602.13M | 576.34M | 525.31M | 508.59M |
| Operating Income | 527.44M | 509.70M | 407.09M | 334.88M | 198.51M | 85.11M |
| Interest Expense | -43.72M | -46.33M | -49.13M | -52.01M | -44.59M | -42.47M |
| Other Non Operating Income (Expenses) | 9.12M | 3.25M | 2.60M | 6.24M | 2.78M | 1.80M |
| EBT Excluding Unusual Items | 492.84M | 466.62M | 360.56M | 289.12M | 156.70M | 44.44M |
| Impairment of Goodwill | -219.10M | |||||
| Gain (Loss) on Sale of Assets | 1.38M | 4.79M | 2.21M | 5.01M | 8.28M | 5.76M |
| Asset Writedown | -121.70M | |||||
| Pretax Income | 494.22M | 471.41M | 362.76M | 294.12M | 164.97M | -290.60M |
| Income Tax Expense | 120.16M | 116.00M | 75.87M | 71.22M | 42.21M | -43.83M |
| Earnings From Continuing Operations | 374.06M | 355.42M | 286.90M | 222.91M | 122.76M | -246.77M |
| Minority Interest in Earnings | -511.00K | -846.00K | -189.00K | 30.00K | -470.00K | -183.00K |
| Net Income | 373.55M | 354.57M | 286.71M | 222.94M | 122.29M | -246.95M |
| Preferred Dividends & Other Adjustments | 51.00K | 51.00K | 37.00K | 62.00K | 33.00K | |
| Net Income to Common | 373.50M | 354.52M | 286.67M | 222.87M | 122.26M | -246.95M |
| Shares Outstanding (Basic) | 53.46M | 55.69M | 57.95M | 59.53M | 60.04M | 60.05M |
| Shares Outstanding (Diluted) | 53.80M | 56.05M | 58.35M | 59.86M | 60.33M | 60.05M |
| EPS (Basic) | 6.99 | 6.37 | 4.95 | 3.74 | 2.04 | -4.11 |
| EPS (Diluted) | 6.95 | 6.33 | 4.91 | 3.72 | 2.03 | -4.11 |
| Free Cash Flow | 405.73M | 413.83M | 138.50M | 121.52M | 223.56M | |
| Free Cash Flow Per Share | 7.24 | 7.09 | 2.31 | 2.01 | 3.72 | |
| Gross Margin | 33.20% | 34.11% | 30.90% | 29.47% | 25.99% | 26.43% |
| Operating Margin | 14.67% | 15.15% | 12.46% | 10.83% | 7.13% | 3.79% |
| Profit Margin | 10.39% | 10.54% | 8.78% | 7.21% | 4.39% | -10.99% |
| Free Cash Flow Margin | 12.06% | 12.67% | 4.48% | 4.36% | 9.95% | |
| EBITDA | 806.37M | 773.82M | 647.41M | 546.04M | 399.95M | 298.82M |
| EBITDA Margin | 22.43% | 23.00% | 19.82% | 17.66% | 14.36% | 13.30% |
| D&A For EBITDA | 278.94M | 264.13M | 240.32M | 211.16M | 201.44M | 213.72M |
| EBIT | 527.44M | 509.70M | 407.09M | 334.88M | 198.51M | 85.11M |
| EBIT Margin | 14.67% | 15.15% | 12.46% | 10.83% | 7.13% | 3.79% |
| Effective Tax Rate | 24.31% | 24.61% | 20.91% | 24.21% | 25.59% | |
| Revenue as Reported | 3.60B | 3.36B | 3.27B | 3.09B | 2.78B | 2.25B |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 78.78M | 74.44M | 32.58M | 80.58M | 34.81M | |
| Cash & Short-Term Investments | 38.95M | 78.78M | 74.44M | 32.58M | 80.58M | 34.81M |
| Accounts Receivable | 473.50M | 489.86M | 526.69M | 483.41M | 417.96M | |
| Other Receivables | 69.62M | 46.89M | 52.02M | 114.56M | 149.96M | |
| Receivables | 543.12M | 536.75M | 578.72M | 597.96M | 567.92M | |
| Inventory | 398.03M | 393.90M | 454.39M | 461.85M | 331.35M | |
| Prepaid Expenses | 57.94M | 63.47M | 69.48M | 71.37M | 69.78M | |
| Total Current Assets | 1.08B | 1.07B | 1.14B | 1.21B | 1.00B | |
| Property, Plant & Equipment | 4.29B | 4.18B | 4.01B | 3.79B | 3.85B | |
| Long-Term Investments | 3.19M | 2.90M | 2.58M | 2.17M | 2.13M | |
| Goodwill | 438.75M | 438.75M | 438.75M | 438.75M | 438.75M | |
| Other Intangible Assets | 30.16M | 34.41M | 42.93M | 51.46M | 60.07M | |
| Long-Term Deferred Charges | 1.00M | 1.80M | 1.40M | |||
| Other Long-Term Assets | 166.75M | 124.38M | 89.46M | 61.01M | 46.60M | |
| Total Assets | 6.01B | 5.85B | 5.72B | 5.55B | 5.40B | |
| Accounts Payable | 218.61M | 251.35M | 269.38M | 278.08M | 199.09M | |
| Accrued Expenses | 232.62M | 236.81M | 228.95M | 204.75M | 236.08M | |
| Short-Term Debt | 7.36M | 8.23M | 8.07M | 3.29M | 1.93M | |
| Current Portion of Leases | 45.77M | 35.73M | 33.34M | 36.44M | 33.90M | |
| Current Income Taxes Payable | 25.42M | 1.49M | 323.00K | |||
| Current Unearned Revenue | 202.16M | 177.22M | 134.58M | 119.31M | 72.77M | |
| Total Current Liabilities | 706.52M | 734.75M | 675.79M | 642.20M | 543.77M | |
| Long-Term Debt | 911.92M | 866.72M | 1.01B | 1.08B | 1.16B | |
| Long-Term Leases | 169.85M | 148.17M | 138.81M | 142.14M | 159.67M | |
| Long-Term Deferred Tax Liabilities | 826.37M | 739.47M | 696.56M | 625.88M | 574.15M | |
| Other Long-Term Liabilities | 10.58M | 9.59M | 15.83M | 23.21M | 71.25M | |
| Total Liabilities | 2.63B | 2.50B | 2.54B | 2.51B | 2.51B | |
| Common Stock | 6.55M | 6.55M | 6.55M | 6.55M | 6.55M | |
| Additional Paid-In Capital | 873.25M | 868.76M | 863.96M | 859.35M | 854.51M | |
| Retained Earnings | 3.33B | 2.98B | 2.69B | 2.47B | 2.35B | |
| Treasury Stock | -918.57M | -573.06M | -411.75M | -308.60M | -295.21M | |
| Comprehensive Income & Other | 86.34M | 71.19M | 35.01M | 16.85M | -25.97M | |
| Total Common Equity | 3.44B | 3.38B | 3.35B | 3.19B | 3.04B | 2.89B |
| Minority Interest | 2.28M | 1.44M | 1.25M | 2.29M | 2.46M | |
| Shareholders' Equity | 3.44B | 3.38B | 3.35B | 3.19B | 3.05B | 2.89B |
| Total Liabilities & Equity | 6.01B | 5.85B | 5.72B | 5.55B | 5.40B | |
| Total Debt | 1.23B | 1.13B | 1.06B | 1.19B | 1.26B | 1.36B |
| Net Cash (Debt) | -1.19B | -1.06B | -984.40M | -1.16B | -1.18B | -1.32B |
| Net Cash Per Share | -22.08 | -18.84 | -16.87 | -19.32 | -19.52 | -22.02 |
| Filing Date Shares Outstanding | 52.69M | 53.65M | 57.13M | 58.52M | 60.02M | 60.20M |
| Total Common Shares Outstanding | 52.69M | 53.77M | 57.26M | 58.63M | 59.91M | 60.11M |
| Working Capital | 371.33M | 333.81M | 459.37M | 569.56M | 460.09M | |
| Book Value Per Share | 64.83 | 62.87 | 58.54 | 54.33 | 50.79 | 48.02 |
| Tangible Book Value | 2.98B | 2.91B | 2.88B | 2.70B | 2.55B | 2.39B |
| Tangible Book Value Per Share | 56.07 | 54.15 | 50.28 | 46.12 | 42.61 | 39.72 |
| Land | 38.16M | 38.16M | 39.57M | 38.55M | 602.86M | |
| Buildings | 800.03M | 745.90M | 641.87M | 505.94M | ||
| Machinery | 5.47B | 5.23B | 5.03B | 4.84B | 4.79B | |
| Construction In Progress | 83.72M | 104.68M | 112.95M | 70.27M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 354.57M | 286.71M | 222.94M | 122.29M | -246.95M | |
| Depreciation & Amortization | 264.13M | 240.32M | 211.16M | 201.44M | 213.72M | |
| Other Amortization | 29.50M | 32.57M | 28.97M | 29.03M | 33.21M | |
| Loss (Gain) From Sale of Assets | -4.79M | -2.21M | -5.01M | -8.28M | -5.76M | |
| Asset Writedown & Restructuring Costs | 56.30M | 340.71M | ||||
| Stock-Based Compensation | 17.56M | 15.55M | 14.94M | 13.87M | 15.71M | |
| Provision & Write-off of Bad Debts | 3.50M | 2.21M | 402.00K | 1.18M | -138.00K | |
| Other Operating Activities | 81.64M | 31.98M | 61.93M | 37.97M | -44.88M | |
| Change in Accounts Receivable | 16.58M | 40.46M | -50.13M | -31.55M | 29.13M | |
| Change in Inventory | 3.89M | 12.15M | 7.69M | -127.09M | -19.25M | |
| Change in Accounts Payable | -18.61M | -11.16M | -18.27M | 76.00M | 15.95M | |
| Change in Income Taxes | -50.63M | 23.79M | 71.60M | 1.98M | 480.00K | |
| Change in Other Net Operating Assets | -27.13M | 27.82M | -5.99M | -22.70M | -10.36M | |
| Operating Cash Flow | 670.20M | 756.49M | 540.23M | 294.13M | 321.58M | |
| Capital Expenditures | -264.47M | -342.66M | -401.73M | -172.61M | -98.02M | |
| Sale of Property, Plant & Equipment | 31.01M | 20.40M | 26.08M | 36.91M | 51.34M | |
| Cash Acquisitions | -115.72M | -77.86M | -37.50M | -3.90M | -9.12M | |
| Other Investing Activities | -3.00M | |||||
| Investing Cash Flow | -352.18M | -400.13M | -413.15M | -139.60M | -55.79M | |
| Long-Term Debt Issued | 44.13M | 288.78M | 311.36M | |||
| Long-Term Debt Repaid | -143.84M | -350.00M | -395.00M | -308.11M | ||
| Net Debt Issued (Repaid) | 44.13M | -143.84M | -61.22M | -83.64M | -308.11M | |
| Issuance of Common Stock | 4.95M | 9.42M | 4.21M | 3.89M | 629.00K | |
| Repurchase of Common Stock | -360.18M | -179.97M | -116.71M | -26.31M | -2.86M | |
| Other Financing Activities | -2.59M | -103.00K | -1.35M | -2.70M | -981.00K | |
| Financing Cash Flow | -313.69M | -314.50M | -175.08M | -108.76M | -311.31M | |
| Net Cash Flow | 4.33M | 41.87M | -48.00M | 45.76M | -45.52M | |
| Free Cash Flow | 405.73M | 413.83M | 138.50M | 121.52M | 223.56M | |
| Free Cash Flow Margin | 12.06% | 12.67% | 4.48% | 4.36% | 9.95% | |
| Free Cash Flow Per Share | 7.24 | 7.09 | 2.31 | 2.01 | 3.72 | |
| Levered Free Cash Flow | 293.96M | 334.39M | 90.65M | 100.33M | 264.55M | |
| Unlevered Free Cash Flow | 322.91M | 365.10M | 123.16M | 128.19M | 291.10M | |
| Cash Interest Paid | 46.27M | 49.06M | 49.32M | 42.82M | 40.88M | |
| Cash Income Tax Paid | 84.00M | 19.57M | -65.79M | 2.55M | -116.65M | |
| Change in Working Capital | -75.90M | 93.06M | 4.91M | -103.38M | 15.95M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 7.60B | 5.97B | 6.07B | 4.64B | 3.85B | 3.57B |
| Enterprise Value | 8.79B | 7.18B | 7.17B | 5.84B | 5.12B | 4.91B |
| Last Close Price | 143.93 | 110.18 | 105.80 | 78.48 | 64.35 | 59.42 |
| PE Ratio | 20.71 | 16.84 | 21.18 | 20.81 | 31.52 | |
| Forward PE | 17.32 | 16.23 | 16.67 | 16.52 | 20.11 | 32.61 |
| PS Ratio | 2.11 | 1.77 | 1.86 | 1.50 | 1.38 | 1.59 |
| PB Ratio | 2.22 | 1.76 | 1.81 | 1.46 | 1.27 | 1.24 |
| P/TBV Ratio | 2.55 | 2.05 | 2.11 | 1.72 | 1.51 | 1.50 |
| P/FCF Ratio | 15.93 | 14.72 | 14.68 | 33.49 | 31.72 | 15.98 |
| P/OCF Ratio | 10.71 | 8.91 | 8.03 | 8.59 | 13.10 | 11.11 |
| PEG Ratio | 1.04 | 0.99 | 0.55 | 1.38 | 1.68 | 2.72 |
| EV/Sales Ratio | 2.44 | 2.13 | 2.19 | 1.89 | 1.84 | 2.19 |
| EV/EBITDA Ratio | 10.90 | 9.28 | 11.07 | 10.69 | 12.79 | 16.44 |
| EV/EBIT Ratio | 16.66 | 14.09 | 17.61 | 17.44 | 25.77 | 57.73 |
| EV/FCF Ratio | 18.42 | 17.70 | 17.32 | 42.16 | 42.10 | 21.98 |
| Debt / Equity Ratio | 0.36 | 0.34 | 0.32 | 0.37 | 0.41 | 0.47 |
| Debt / EBITDA Ratio | 1.52 | 1.32 | 1.45 | 1.92 | 2.68 | 3.79 |
| Debt / FCF Ratio | 2.80 | 2.56 | 8.58 | 10.35 | 6.07 | |
| Net Debt / Equity Ratio | 0.34 | 0.31 | 0.29 | 0.36 | 0.39 | 0.46 |
| Net Debt / EBITDA Ratio | 1.47 | 1.36 | 1.52 | 2.12 | 2.94 | 4.42 |
| Net Debt / FCF Ratio | 2.60 | 2.38 | 8.35 | 9.69 | 5.91 | |
| Asset Turnover | 0.57 | 0.56 | 0.55 | 0.51 | 0.40 | |
| Inventory Turnover | 5.60 | 5.32 | 4.76 | 5.20 | 5.16 | |
| Quick Ratio | 0.88 | 0.83 | 0.91 | 1.06 | 1.11 | |
| Current Ratio | 1.53 | 1.45 | 1.68 | 1.89 | 1.85 | |
| Return on Equity (ROE) | 10.55% | 8.77% | 7.15% | 4.14% | -8.26% | |
| Return on Assets (ROA) | 5.37% | 4.40% | 3.71% | 2.27% | 0.94% | |
| Return on Invested Capital (ROIC) | 8.62% | 8.76% | 7.42% | 5.93% | 3.50% | 1.92% |
| Return on Capital Employed (ROCE) | 9.60% | 8.00% | 6.60% | 4.00% | 1.80% | |
| Earnings Yield | 4.83% | 5.94% | 4.72% | 4.81% | 3.17% | -6.91% |
| FCF Yield | 6.28% | 6.79% | 6.81% | 2.99% | 3.15% | 6.26% |
| Buyback Yield / Dilution | 5.43% | 3.96% | 2.51% | 0.78% | -0.46% | -0.24% |