Saturday 17 October 2026 Export KEX’s income statement to Excel — free account

Kirby Corporation

Kirby Corporation’s revenue for fiscal 2025 (year ended December 2025) was $3.4 billion, up 3.01% from fiscal 2024. In the quarter to June 2026, revenue grew 7.83%, EPS was flat, free cash flow fell 78.1% and total debt fell 7.19%, each against the same quarter a year earlier. Revenue growth for five consecutive years.

136.43 0.72 −0.52%

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Market cap: $7.2B
P/E: 20.9×
Fwd P/E: 20.0×
Dividend yield: —
F-score: 8/9
Altman Z: 3.09
Beneish M: −2.72
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 19.10

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	4	2	—	6	2	—	4	—	—	—	—	—

Insider Ownership 1.88%

Capital & Financial Ratios $m

Market Cap 7,240.00

Revenue 3,489.43

Net Income 355.89

Free Cash Flow 501.69

Net Debt 992.44

Current Ratio 1.68

Debt/Equity 0.30

P/E ratio 20.86

Fwd P/E 20.00

P/S ratio 2.09

P/B ratio 2.11

Past 5Y EPS Growth —

This Y EPS Growth 12.43%

Next Y EPS Growth 16.45%

Next Y revenue growth 7.85%

Next 5Y EPS Growth 14.90%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 33.32%

10-year low 10-year high

P/S against its own 10 years 87.17%

10-year low 10-year high

P/B against its own 10 years 91.19%

10-year low 10-year high

EV/Sales against its own 10 years 76.41%

10-year low 10-year high

EV/FCF against its own 10 years 21.34%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2025	Powerpack
2024	Powerpack
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack
2017	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	33	74	79	39
Receivables	579	537	543	724
Inventory	454	394	398	416
Other	—	—	—	—
	1,135	1,069	1,078	1,240

	2023	2024	2025	Q'26
Payables	269	251	219	250
ST’ Debt	—	—	—	—
Other	—	—	—	—
	676	735	707	736

Compound Annual Growth %

	10y	5y	3y
Sales	4.59%	9.15%	6.50%
Cash Flow	2.49%	8.54%	31.59%
Earnings	4.57%	0.00%	42.60%
Book Value	4.03%	1.84%	3.57%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	844	922	—	—	—
’25	786	855	871	852	3,364
’24	808	824	831	802	3,266
’23	750	777	765	799	3,092
’22	611	698	746	730	2,785
’21	497	560	599	591	2,247
’20	644	541	497	490	2,171

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	98	72	—	—	—
’25	37	94	228	312	670
’24	123	179	207	247	756
’23	16	211	96	216	540
’22	32	63	66	133	294
’21	103	95	83	41	322
’20	72	171	118	85	445

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	49	7	—	—	—
’25	(42)	34	177	268	437
’24	45	97	135	157	434
’23	(49)	105	14	93	165
’22	(3)	19	24	118	158
’21	89	71	49	67	275
’20	22	127	81	84	314

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	1.50	1.67	—	—	—
’25	1.33	1.67	1.65	1.68	6.33
’24	1.19	1.43	1.55	0.74	4.91
’23	0.68	0.95	1.05	1.04	3.72
’22	0.29	0.47	0.65	0.62	2.03
’21	(0.06)	0.17	(4.41)	0.18	(4.11)
’20	(5.79)	0.42	0.46	0.37	(4.55)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	44.63	59.25	60.63	65.24	32.76	47.58	55.03	60.14	74.88	79.52	Analyst estimates 2026–2028 Powerpack
	High	73.25	74.50	94.05	90.08	92.30	70.60	75.08	87.52	132.21	122.50
People
People	Employees	3,100	5,775	2,500	5,700	5,400	5,125	5,200	5,450	5,414	5,233
	Revenue/emp, $m	0.57	0.38	1.19	0.50	0.40	0.44	0.54	0.57	0.60	0.64
Income, $m
Income, $m	Revenue	1,771	2,214	2,971	2,838	2,171	2,247	2,785	3,092	3,266	3,364
	Gross margin, %	36.48	29.64	27.26	28.48	30.42	26.43	25.99	29.47	32.63	34.11
	EBT	228	73	114	190	(461)	(291)	165	294	363	471
	EBT margin, %	12.86	3.30	3.84	6.69	(21.25)	(12.93)	5.92	9.51	11.11	14.01
	Net income	143	314	79	143	(272)	(247)	123	223	287	355
	Depreciation	233	237	265	257	265	603	244	255	288	311
Per share, $
Per share, $	Revenue	33.13	40.04	49.88	47.50	36.24	37.41	46.38	51.93	56.36	60.40
	Earnings	2.63	5.62	1.31	2.38	(4.55)	(4.11)	2.04	3.74	4.95	6.37
	Cash flow	7.78	6.39	5.83	8.57	7.43	5.35	4.90	9.07	13.05	12.03
	Capex	(3.97)	(3.20)	(4.18)	(3.19)	(2.18)	(0.78)	(2.26)	(6.31)	(5.56)	(4.19)
	Free cash flow	3.80	3.19	1.65	5.38	5.24	4.58	2.64	2.76	7.49	7.84
	Book value	45.14	56.31	54.00	56.43	51.53	48.10	50.72	53.53	57.87	60.74
	Shares, m	53	55	60	60	60	60	60	60	58	56
Valuation, ×
Valuation, ×	P/E	25.29	12.58	51.42	37.62	0.00	0.00	31.21	21.06	21.37	17.32
	P/S	2.00	1.69	1.35	1.88	1.43	1.59	1.37	1.52	1.88	1.82
	P/B	1.47	1.20	1.25	1.59	1.01	1.24	1.25	1.48	1.83	1.81
	EV/Sales	2.47	2.13	1.82	2.36	2.07	2.09	1.72	1.84	2.12	2.07
	EV/FCF	21.52	26.82	55.10	20.84	14.31	17.08	30.31	34.51	15.95	15.96
Cash, $m
Cash, $m	Operating cash flow	416	353	347	512	445	322	294	540	756	670
	Capex	(212)	(177)	(249)	(191)	(131)	(47)	(136)	(376)	(322)	(233)
	Free cash flow	203	176	98	321	314	275	158	165	434	437
Balance, $m
Balance, $m	Working capital	275	477	489	403	582	460	570	459	334	371
	Total debt	723	992	1,410	1,370	1,469	1,161	1,076	1,009	867	912
	Net debt	717	972	1,402	1,345	1,388	1,127	996	976	792	833
	Shareholders’ equity	2,413	3,114	3,216	3,372	3,088	2,889	3,045	3,187	3,353	3,383
Returns, %
Returns, %	ROA	3.33	6.60	1.42	2.38	(4.54)	(4.36)	2.23	3.95	4.95	5.98
	ROIC	4.94	1.43	2.10	3.21	(5.88)	(4.02)	2.98	5.03	6.02	7.36
	ROE	5.98	11.25	2.47	4.31	(8.44)	(8.26)	4.12	7.15	8.77	10.53

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
KEX Kirby Corporation	$7.2B	20.9×	20.0×	+7.83% (above 0%: growing)	0.00%	−78.14% (below 0%: shrinking)	31.53%	13.27%
MATX Matson, Inc.	$7.1B	15.5×	13.4×	+16.72% (above 0%: growing)	+45.76% (above 0%: growing)	−455.10% (below 0%: shrinking)	23.94%	16.39%	Compare
HAFN Hafnia Limited	$5.4B	7.6×	—	+47.21% (above 0%: growing)	+273.33% (above 0%: growing)	+193.17% (above 0%: growing)	37.79%	34.33%	Compare
ZIM ZIM Integrated Shipping Services Ltd.	$3.6B	25.2×	— (loss-making)	+8.86% (above 0%: growing)	+178.95% (above 0%: growing)	−9.51% (below 0%: shrinking)	14.32%	8.10%	Compare
ECO Okeanis Eco Tankers Corp.	$3.4B	8.4×	4.2×	+239.40% (above 0%: growing)	+602.38% (above 0%: growing)	+196.66% (above 0%: growing)	80.71%	74.97%	Compare
SBLK Star Bulk Carriers Corp.	$3.1B	10.9×	7.5×	+44.46% (above 0%: growing)	+433,233.33% (above 0%: growing)	+25.84% (above 0%: growing)	56.88%	43.38%	Compare
DAC Danaos Corporation	$2.9B	5.3×	4.7×	+4.66% (above 0%: growing)	+16.81% (above 0%: growing)	−81.11% (below 0%: shrinking)	72.84%	48.38%	Compare
NMM Navios Maritime Partners LP	$2.5B	5.7×	4.1×	+25.22% (above 0%: growing)	+147.01% (above 0%: growing)	+252.84% (above 0%: growing)	65.58%	39.64%	Compare
SFL SFL Corporation Ltd.	$1.9B	25.8×	29.6×	+4.25% (above 0%: growing)	+2,400.00% (above 0%: growing)	−18.32% (below 0%: shrinking)	63.23%	32.49%	Compare
Median of peers	$3.3B	9.6×	6.1×	+20.97%	+226.14%	+8.17%	60.05%	36.99%

All 38 Marine Shipping stocks →

Kirby Corporation (KEX) key facts

Strength: Kirby Corporation’s revenue for fiscal 2025 (year ended December 2025) was $3.4 billion, up 3.01% from fiscal 2024.
Kirby Corporation (KEX) is a Marine Shipping company in the Industrials sector, listed on the New York Stock Exchange.
As of October 16, 2026, KEX traded at $136.43, a market capitalization of $7.2 billion.
Return on equity was 10.5% and debt-to-equity 0.30.
Its Piotroski F-score is 8 out of 9 and its Altman Z-score is 3.09 (safe zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.