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) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by segment, and margins
Marine Transportation 1,935 57.53%
Distribution and Services 1,429 42.47%
Gross margin 34.11%
Operating margin 14.75%
Pre-tax margin 14.01%

Revenue by segment $m

Line FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2015
Marine Transportation 1,935 1,913 1,722 1,617 1,323 1,404 1,587 1,483 1,324 1,472 1,663
Distribution and Services 1,429 1,353 1,370 1,168 924 767 1,251 1,488 890 299 484
Revenue 3,364 3,266 3,092 2,785 2,247 2,171 2,838 2,971 2,214 1,771 2,148

Operating figures as reported in each quarter’s results release or filing

Figure Quarter Latest A year before Change
Active coastal tank barges Q3 FY2026 27.00 28.00 −3.57%
Active inland tank barges Q3 FY2026 1.1K 1.1K +3.89%
Active offshore dry-cargo barges Q3 FY2026 2.00 2.00 0.00%
Average cost per gallon of fuel consumed Q3 FY2026 $3.91 $2.46 +58.94%
Coastal tank barge barrel capacity Q3 FY2026 2.9M 2.9M 0.00%
Inland delay days Q3 FY2026 1.8K 1.4K +25.45%
Inland tank barge barrel capacity Q3 FY2026 25.7M 24.5M +4.90%
Inland ton miles Q3 FY2026 4.2B 3.5B +19.62%
Inland towboats operated (average) Q3 FY2026 294.00 270.00 +8.89%
Revenue/ton mile Q3 FY2026 11.00 10.80 +1.85%

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.