Kirby Corporation

KEX Industrials Marine Shipping

Kirby Corporation’s revenue for fiscal 2025 (year ended December 2025) was $3.4 billion, up 3.01% from fiscal 2024.

Revenue
+12.2%
EPS
+26.8%
Free cash flow
−78.1%
Total debt
−7.19%

Quarter to September 2026, against a year earlier

119.08 9.04 −7.06%
Market cap
$6.3B
P/E
17.0×
Fwd P/E
19.9×
Dividend yield
—
F-score
8/9
Altman Z
3.09
Beneish M
−2.72
Dividend safety
n/a

Kirby Corporation (KEX) Operating margin

Alert me on Operating margin

Kirby Corporation's operating margin over the twelve months to 30 September 2026 was 14.2%, down 0.6 percentage points from fiscal 2025 (14.8%). Over the past ten years it has ranged from −19.4% (fiscal 2020) to 17.7% (fiscal 2015); the current reading is higher than 91% of that period. That is below the Marine Shipping industry median of 27.7% and above the Industrials sector median of 5.21%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 14.8% 2.53
FY2024 12.2% 1.38
FY2023 10.8% 3.91
FY2022 6.93% 18.42
FY2021 −11.5% 7.89
FY2020 −19.4% (27.91)
FY2019 8.53% 3.30
FY2018 5.23% 1.00
FY2017 4.23% (9.74)
FY2016 14.0% (3.76)

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 15.4% 2.17
Jun 2026 13.3% 0.51
Mar 2026 12.8% (2.46)
Dec 2025 15.2% 0.39
43 more quarters

Against its own ten years

Low −19.4% High 17.7%
Ten-year median 8.53%
Current reading's percentile 88

Operating margin against peers

Company Operating margin
ECO Okeanis Eco Tankers Corp. compare 62.3%
DAC Danaos Corporation compare 48.4%
NMM Navios Maritime Partners LP compare 35.7%
SBLK Star Bulk Carriers Corp. compare 27.7%
SFL SFL Corporation Ltd. compare 27.7%
HAFN Hafnia Limited compare 25.3%
MATX Matson, Inc. compare 16.8%
KEX Kirby Corporation 14.2%
ZIM ZIM Integrated Shipping Services Ltd. compare 8.21%
Marine Shipping industry median 27.7%
Industrials sector median 5.21%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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