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NYSE · WATER TRANSPORTATION · LARGE CAP

Kirby Corp. KEX

18 fiscal years on record · USD · FY2025 reported · SEC filings only
$3.4B
▲ 3.0% YoY
$354.6M
▲ 23.7% YoY
$405.7M
▼ 2.0% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Kirby Corporation transports bulk liquid products throughout the Mississippi River System, on the Gulf Intracoastal Waterway, and coastwise along all three United States coasts. The Company has approximately 5,233 employees, the large majority of whom are in the United States. It conducts operations, through its subsidiaries, in two reportable business segments: marine transportation and distribution and services. As of December 31, 2025, KMT operated 1,105 inland tank barges with 24.5 million barrels of capacity, an average of 266 inland towboats, 28 coastal tank barges with 2.9 million barrels of capacity, 24 coastal tugboats, four offshore dry-bulk cargo barges, three offshore tugboats and one docking tugboat. No single customer of KMT accounted for 10% or more of the Company's revenues in 2025, 2024, or 2023. Through KDS, the Company provides equipment and after-market parts and services for power generation systems, engines, transmissions, reduction gears, electric motors, drives and controls, and specialized electrical distribution and control systems used in power generation, marine, on-highway, oilfield services, and other industrial applications. Kirby Corporation is a Nevada corporation, incorporated in 1969, although the history of the Company goes back to 1921.

Written from the business description in KIRBY CORPORATION's annual report to the U.S. Securities and Exchange Commission, filed 17 February 2026. Every sentence was checked against that document before publication.

Growth

USD 3.4B
Revenue, FY2025 · full 18-year series below
Revenue $B Net income $B
FY2025 · Revenue 3.4 · Net income 0.4
2B3B
2008201120142017202020232025
Compound annual growth
+6.5%
+9.2%
+4.6%
+7.7%
+42.6%
+4.6%
+7.7%
+46.1%
+163.8%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +9.2% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

11 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 14.8% · Net 10.6%
5%10%15%-5%-10%-15%
200820162025
ROE
FY2025 · ROE 10.5%
5%10%-5%
200820162025
Three returns, three denominators.

Each USD of equity produced 11 cents of profit this year.

Cash & shareholders

USD 349.3M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 405.7
150M300M
200820162025
Net buybacks $M Dividends $M
FY2025 · Dividends · · Net buybacks 349.3
150M300M
2008201120142017202020232025

USD 349.3M in buybacks — 99% of the year's profit went back to shareholders.

Total assetsUSD 6.0B
EquityUSD 3.4B
CashUSD 78.8M
Gross debtUSD 911.9M
Net debtUSD 833.1M
Current ratio1.53×

Net debt stands at 25% of equity.

The 18-year record

18 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
KEX, 18-year financial record
Metric 202520242023202220212020201920182017201620152014201320122011201020092008
Revenue $B3.43.33.12.82.22.22.83.02.21.82.12.62.22.11.91.11.11.4
Operating income $B0.50.40.30.2−0.3−0.40.20.20.10.20.40.50.40.40.30.20.20.3
EBITDA $B0.80.60.50.4−0.0−0.20.50.40.30.40.60.60.60.50.40.30.30.4
Income tax $B0.10.10.10.0−0.0−0.20.00.0−0.20.10.10.20.20.10.10.10.10.1
Net income $B0.40.30.20.1−0.2−0.30.10.10.30.10.20.30.30.20.20.10.10.2
Free cash flow $B0.40.40.10.10.20.30.30.00.20.20.20.10.30.00.10.10.10.1
EPS, diluted $6.334.913.722.03−4.11−4.552.371.315.622.624.114.934.443.733.332.152.342.91
Dividend / sh $◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌
Payout % — not applicable: no dividend——————————————————
ROE %10.58.87.24.1−8.3−8.44.32.511.36.010.013.213.713.414.110.512.0◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

Compare

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More in this sector

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Provenance

Company facts, as filed

How we verify · 0 failures in 69 reconciliationsAUDITED

Reconciled in 18 of the 18 fiscal years we could check. Four checks were skipped: the balance sheet is not tagged before 2009. Two checks were skipped: the share count is not tagged before 2009.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityWater Transportation
Listed onNYSE
Incorporated inNevada
Fiscal year endsDecember 31
Data on record since2008

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