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Kirby Corp. (KEX)

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Kirby Corp. (KEX) reported revenue of $922 million for Q2 FY2026, the quarter ended 30 June 2026, up 7.8% on the same quarter a year earlier. Net income was $90 million, down 4.8% on the year, and diluted earnings per share $1.67. The figures are the company's own, from the 10-Q it filed with the SEC on 5 August 2026.

Revenue$922 millionup 7.8%
Net income$90 milliondown 4.8%
Diluted EPS$1.67
QuarterQ2 FY2026ended 30 June 2026

Kirby (KEX) in brief

Kirby (KEX) reported revenue of $3.4 billion for fiscal 2025, the year ended 31 December 2025, up 3.0% on the year before.
Read moreNet income was $355 million and diluted earnings per share $6.33. Revenue was $3.3 billion in fiscal 2024, $3.1 billion in fiscal 2023, $2.8 billion in fiscal 2022 and $2.2 billion in fiscal 2021. Net income in the same years was $287 million, $223 million, $122 million and a loss of $247 million. Over the twelve months to 30 June 2026, Kirby reported revenue of $3.5 billion and net income of $355 million. Revenue grew 9.2% a year, compounded, over the five years to fiscal 2025. Kirby had 53 million shares outstanding at the latest filed count. At 30 June 2026 it carried $1.0 billion of debt and $39 million of cash. At the close of 8 October 2026 the market cap of Kirby was $7.3 billion, 21.2 times its earnings over the last twelve months.

Ratios

From the filings

ROE10.3%
ROCE10.9%
Operating margin14.0%
Net margin10.2%
FCF margin13.6%
Interest cover11.04
Debt to equity0.30
Cash conversion2.00
Share count, 1 year-5.4%
Sales CAGR, 3 years6.5%
Profit CAGR, 3 years42.6%
EPS, TTM$6.50

At the close of 8 October 2026

Price$138.11
Market cap$7.3 billion
Stock P/E21.25
Price to book2.12
EV / EBITDA10.88
Dividend yieldn/a
Market cap / sales2.09
52-week high$152.59
52-week low$79.95
Price, 1 year68.0%
Price CAGR, 3 years18.9%
Price CAGR, 5 years21.6%
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest daily close from SimFin. Debt to equity here stands on long-term debt as Kirby Corp. files it, with lease liabilities counted separately and never inside it. Nothing here is a valuation or a view.
KEXgreeksoup.ai
Daily closes to 8 October 2026, adjusted for splits; prices from SimFin.
Read moreDay by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on KEX

Filings15 in twelve months: 6 current reports (8-K), about 4 results of operations; 2 officer or director change; 1 shareholder vote; 1 material agreement; 1 new financial obligation
Planned insider sales18 Form 144 notices in twelve months, $18.6 million; latest 18 May 2026
Options tapeput/call 0.05 by open interest at the 8 October 2026 close; the straddle prices a 4.4% move to 16 October 2026
13F holders8 of the followed funds hold it; largest Geode Capital Management; 7 Schedule 13D or 13G filings in twelve months
Insider trading18 sales and 0 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest1.8 million shares short, 4.80 days to cover at 15 September 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue765799808824831802786855871852844922
SG&A79.184.390.280.484.182.495.385.887.887.410188.7
Operating income93.592.810212012750.1106132129130108122
Operating margin12%12%13%15%15%6%13%15%15%15%13%13%
Interest expense13.413.113.212.812.510.710.512.711.811.210.211.0
Pre-tax income81.781.491.611111743.0100124123124105118
Tax rate23%24%24%24%23%0%24%24%25%26%22%24%
Net income63.061.970.183.990.042.876.094.392.591.881.289.7
Net margin8%8%9%10%11%5%10%11%11%11%10%10%
Diluted EPS$1.05$1.04$1.19$1.43$1.55$0.74$1.33$1.67$1.65$1.68$1.50$1.67
Operating cash flow96.321612317920724736.593.922831297.772.3
Capital expenditure10412781.088.676.496.778.771.567.347.048.371.5
Free cash flow-7.489.242.290.8130151-42.122.416026549.40.8
Buybacks23.351.941.843.755.833.310131.212010252.759.7
Shares outstanding59m59m58m58m57m57m56m56m54m54m54m53m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS and diluted share count are from the company's results press release for that quarter, used where the release gives the same revenue and net income as the table. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 12 fiscal years and the trailing twelve months

FY2014FY2015 †FY2016 †FY2017 †FY2018FY2019 †FY2020FY2021FY2022FY2023FY2024FY2025TTM
Revenue2,5662,1481,7712,2142,9712,8382,1712,2472,7853,0923,2663,3643,489
Selling, general and administrative210193175220304277258267303335337356365
Operating income47638124793.6155242-421-258193335399496489
Operating margin18.5%17.7%14.0%4.2%5.2%8.5%-19.4%-11.5%6.9%10.8%12.2%14.8%14.0%
Interest expense21.518.717.721.546.956.048.742.544.652.049.146.344.3
Pre-tax income454-32.122873.0114190-461-291165294363471470
Income tax17013484.9-24135.146.8-190-43.842.271.275.9116114
Effective tax rate37.4%n/a37.3%-329.9%30.7%24.7%n/an/a25.6%24.2%20.9%24.6%24.3%
Net income28222714131378.5142-273-247122223287355355
Net margin11.0%10.6%8.0%14.1%2.6%5.0%-12.6%-11.0%4.4%7.2%8.8%10.5%10.2%
Diluted EPS$4.93$4.11$2.62$5.62$1.31$2.37-$4.55-$4.11$2.03$3.72$4.91$6.33$6.50
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Revenue by segment

FY2023FY2024FY2025Share
latest year
Marine Transportation1,7221,9131,93557.5%
Distribution and Services1,3701,3531,42942.5%
Marine TransportationDistribution and Services
3,092FY20233,266FY20243,364FY2025

$ million; hover a block for its figure and share

From the latest 10-K, in the company's own words.
Read moreA year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Cash flow and capital returned

FY2014FY2015 †FY2016 †FY2017 †FY2018FY2019 †FY2020FY2021FY2022FY2023FY2024FY2025TTM
Operating cash flow439524416353347512445322294540756670710
Capital expenditure35534523117730224814898.0173402343264234
Free cash flow83.817918517645.1264297224122138414406476
Free cash flow margin3.3%8.3%10.4%8.0%1.5%9.3%13.7%10.0%4.4%4.5%12.7%12.1%13.6%
Cash from investingn/a-362-350-593-783-453-486-55.8-140-413-400-352-322
Cash from financingn/a-180-66.5254423-41.996.5-311-109-175-314-314-417
Depreciation and amortisation169192201203225220220214201211240264273
Share-based compensation11.611.111.711.519.113.614.715.713.914.915.517.618.9
Buybacks15.32411.80.00.80.00.00.022.9113175354334
Diluted shares, weighted57m55m54m55m60m60m60m60m60m60m58m56m54m
Shares outstanding at period endn/an/an/an/an/an/an/an/an/an/an/an/a53m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2014FY2015 †FY2016 †FY2017 †FY2018FY2019 †FY2020FY2021FY2022FY2023FY2024FY2025TTM
Funded by
Shareholders' equity2,2542,2692,4093,1113,2133,3693,0842,8863,0433,1853,3523,3813,443
Non-controlling interest10.910.43.53.43.13.03.22.52.31.21.42.32.5
Short-term borrowingsn/an/an/a0.0n/an/an/an/an/an/an/an/an/a
Debt7177797239921,4101,3701,4691,1631,0801,0178759191,037
Operating lease liabilitiesn/an/an/an/a0.0139163160142139148170151
Other liabilities1,1601,0831,1541,0211,2451,1981,2051,1871,2881,3801,4761,5361,587
Total liabilities and equity4,1424,1414,2905,1275,8726,0795,9245,3995,5555,7225,8526,0086,220
Owned
Fixed assets2,5892,7792,9212,9593,5403,7773,9173,6793,6333,8614,0234,0984,177
Goodwill591587598935954954658439439439439439439
Intangible assetsn/an/a87.323322421169.060.151.542.934.430.226.3
Cash and equivalents24.35.95.620.17.824.780.334.880.632.674.478.839.0
Receivables417291297452418379315418483527490473642
Inventory192185185316507351310331462454394398416
Other assets327294195212221382575438405366398491481
Total assets4,1424,1414,2905,1275,8726,0795,9245,3995,5555,7225,8526,0086,220
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded4.6%9.2%6.5%6.6%
Profit growth, compounded4.6%n/a42.6%17.2%
Return on equity, average3.5%4.3%8.7%10.5%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Peers: Transportation

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Royal Caribbean Cruises Ltd. RCL$75.3 billion17.3943.0%27.3%8.7%2.231.8%
Carnival Corp. Ltd. CCL$35.1 billion11.4122.1%16.0%5.2%1.737.5%
Knight-Swift Transportation Holdings Inc. KNX$10.6 billion250.190.6%2.7%4.1%0.271.1%
Saia Inc. SAIA$9.1 billion32.9410.2%11.0%4.8%0.04n/a
American Airlines Group Inc. AAL$8.5 billionn/an/a1.7%7.5%n/a0.0%
Kirby Corp. KEX$7.3 billion21.2510.3%14.0%6.6%0.30n/a
Norwegian Cruise Line Holdings Ltd. NCLH$7.1 billion9.6829.6%15.1%6.2%5.40n/a
Landstar System Inc. LSTR$5.7 billion43.9015.7%3.5%4.1%0.002.1%
Gatx Corp. GATX$5.7 billion16.1213.2%29.1%22.8%4.431.5%
GXO Logistics, Inc. GXO$5.3 billion41.034.4%2.4%7.6%0.82n/a
Alaska AIR Group, Inc. ALK$4.4 billionn/a-4.8%-1.5%9.8%1.650.9%
Brinks Co. BCO$4.2 billion23.6958.3%10.5%8.1%12.541.0%
All 29 in Transportation
CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Union Pacific Corp. UNP$165.2 billion22.5335.5%40.0%4.2%1.402.0%
Booking Holdings Inc. BKNG$120.2 billion17.75n/a32.9%12.9%n/a0.2%
CSX Corp. CSX$87.7 billion27.3622.9%34.2%2.5%1.221.1%
United Parcel Service Inc. UPS$80.1 billion17.5030.3%7.3%-0.4%1.587.0%
Royal Caribbean Cruises Ltd. RCL$75.3 billion17.3943.0%27.3%8.7%2.231.8%
Norfolk Southern Corp. NSC$71.2 billion27.0516.2%32.2%3.0%0.981.7%
FedEx Corp. FDX$69.0 billion15.7614.0%5.8%7.7%0.742.0%
Delta Air Lines, Inc. DAL$54.0 billion13.6218.1%8.1%10.3%0.590.8%
Old Dominion Freight Line, Inc. ODFL$37.7 billion35.0024.0%25.8%-0.6%0.000.6%
Carnival Corp. Ltd. CCL$35.1 billion11.4122.1%16.0%5.2%1.737.5%
United Airlines Holdings, Inc. UAL$34.9 billion10.0520.9%7.7%8.5%1.46n/a
Expedia Group, Inc. EXPE$30.9 billion16.84168.4%16.0%12.0%4.520.7%
Expeditors International of Washington Inc. EXPD$25.2 billion28.2043.4%9.8%6.8%0.000.8%
HF Sinclair Corp. DINO$21.5 billion11.5218.6%8.3%16.3%0.271.7%
J.B. Hunt Transport Services, Inc. JBHT$21.5 billion32.3518.4%7.5%5.3%0.310.2%
Xpo, Inc. XPO$21.3 billion53.6720.6%8.8%7.1%1.55n/a
Southwest Airlines Co. LUV$20.2 billion25.3711.8%3.5%9.5%0.541.7%
C. H. Robinson Worldwide, Inc. CHRW$16.6 billion26.9738.9%4.9%-0.1%1.041.8%
ZTO Express (Cayman) Inc. ZTO *$15.7 billion11.9213.7%21.3%10.9%n/a3.3%
Knight-Swift Transportation Holdings Inc. KNX$10.6 billion250.190.6%2.7%4.1%0.271.1%
Saia Inc. SAIA$9.1 billion32.9410.2%11.0%4.8%0.04n/a
American Airlines Group Inc. AAL$8.5 billionn/an/a1.7%7.5%n/a0.0%
Kirby Corp. KEX$7.3 billion21.2510.3%14.0%6.6%0.30n/a
Norwegian Cruise Line Holdings Ltd. NCLH$7.1 billion9.6829.6%15.1%6.2%5.40n/a
Landstar System Inc. LSTR$5.7 billion43.9015.7%3.5%4.1%0.002.1%
Gatx Corp. GATX$5.7 billion16.1213.2%29.1%22.8%4.431.5%
GXO Logistics, Inc. GXO$5.3 billion41.034.4%2.4%7.6%0.82n/a
Alaska AIR Group, Inc. ALK$4.4 billionn/a-4.8%-1.5%9.8%1.650.9%
Brinks Co. BCO$4.2 billion23.6958.3%10.5%8.1%12.541.0%
3 companies share its SEC industry code (Water Transportation); the rest are the names nearest in size in its wider industry, Transportation, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q30 June 20265 August 2026EDGAR
10-Q31 March 20268 May 2026EDGAR
10-K31 December 202517 February 2026EDGAR
10-Q30 September 202510 November 2025EDGAR
10-Q30 June 202511 August 2025EDGAR
10-Q31 March 202512 May 2025EDGAR
10-K31 December 202418 February 2025EDGAR
10-Q30 September 202412 November 2024EDGAR
10-Q30 June 20249 August 2024EDGAR
10-Q31 March 20246 May 2024EDGAR

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