Kirby (KEX) Financials

$110.95 +3.56 (+3.32%)

Closing price 05/27/2025 03:59 PM Eastern

Extended Trading

$110.88 -0.07 (-0.06%)

As of 05/27/2025 06:33 PM Eastern

Annual Income Statements for Kirby

This table shows Kirby's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Income / (Loss) Attributable to Common Shareholders	287	223	122	-247	-273	142	78	313	141	227
Consolidated Net Income / (Loss)	287	223	123	-247	-272	143	79	314	143	228
Net Income / (Loss) Continuing Operations	287	223	123	-247	-272	143	79	314	143	228
Total Pre-Tax Income	363	294	165	-291	-461	190	114	73	228	362
Total Operating Income	399	335	193	-258	-421	242	155	94	247	381
Total Gross Profit	1,066	911	724	594	661	808	807	656	646	785
Total Revenue	3,266	3,092	2,785	2,247	2,171	2,838	2,971	2,214	1,771	2,148
Operating Revenue	3,266	3,092	2,785	2,247	2,171	2,838	2,971	2,214	1,771	2,148
Total Cost of Revenue	2,200	2,180	2,061	1,653	1,511	2,030	2,163	1,558	1,125	1,362
Operating Cost of Revenue	2,200	2,180	2,061	1,653	1,511	2,030	2,163	1,558	1,125	1,362
Total Operating Expenses	666	576	531	852	1,081	566	652	563	399	405
Selling, General & Admin Expense	337	335	303	267	258	277	304	220	175	193
Depreciation Expense	240	211	201	214	220	220	225	203	201	192
Other Operating Expenses / (Income)	35	35	35	36	42	42	39	29	23	21
Impairment Charge	56	0.00	0.00	341	561	36	85	106	0.00	0.00
Other Special Charges / (Income)	-2.21	-5.01	-8.28	-5.76	-0.12	-8.15	-1.97	4.49	0.13	-1.67
Total Other Income / (Expense), net	-36	-41	-28	-32	-41	-52	-41	-21	-20	-19
Interest Expense	49	52	45	42	49	56	47	21	18	19
Other Income / (Expense), net	13	11	17	10	8.15	3.79	5.73	0.57	-2.47	-0.66
Income Tax Expense	76	71	42	-44	-190	47	35	-241	85	134
Net Income / (Loss) Attributable to Noncontrolling Interest	0.19	-0.03	0.47	0.18	0.95	0.67	0.63	0.72	1.40	1.29
Basic Earnings per Share	$4.95	$3.74	$2.04	($4.11)	($4.55)	$2.38	$1.31	$5.62	$2.63	$4.12
Weighted Average Basic Shares Outstanding	57.13M	58.52M	60.02M	60.20M	60.09M	59.98M	59.88M	55.31M	53.45M	54.73M
Diluted Earnings per Share	$4.91	$3.72	$2.03	($4.11)	($4.55)	$2.37	$1.31	$5.62	$2.62	$4.11
Weighted Average Diluted Shares Outstanding	57.13M	58.52M	60.02M	60.20M	60.09M	59.98M	59.88M	55.31M	53.45M	54.73M
Weighted Average Basic & Diluted Shares Outstanding	57.13M	58.52M	60.02M	60.20M	60.09M	59.98M	59.88M	55.31M	53.45M	54.73M

This table shows Kirby's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	43	90	84	70	62	63	57	41	37	39
Consolidated Net Income / (Loss)	43	90	84	70	62	63	57	41	37	39
Net Income / (Loss) Continuing Operations	43	90	84	70	62	63	57	41	37	39
Total Pre-Tax Income	43	117	111	92	81	82	76	55	51	51
Total Operating Income	50	127	120	102	93	94	87	61	58	59
Total Gross Profit	259	279	270	257	237	234	231	208	196	193
Total Revenue	802	831	824	808	799	765	777	750	730	746
Operating Revenue	802	831	824	808	799	765	777	750	730	746
Total Cost of Revenue	543	552	554	551	562	531	546	542	534	552
Operating Cost of Revenue	543	552	554	551	562	531	546	542	534	552
Total Operating Expenses	209	152	150	156	145	141	144	147	138	135
Selling, General & Admin Expense	82	84	80	90	84	79	83	89	81	75
Depreciation Expense	63	61	59	58	55	53	52	51	51	50
Other Operating Expenses / (Income)	7.58	8.97	10	8.04	6.16	9.67	9.76	9.19	6.74	9.12
Other Special Charges / (Income)	-0.00	-1.62	-0.52	-0.07	-0.78	-1.53	-0.47	-2.23	-0.31	-0.38
Total Other Income / (Expense), net	-7.17	-9.55	-9.73	-9.88	-11	-12	-11	-6.78	-7.17	-7.95
Interest Expense	11	12	13	13	13	13	12	13	12	12
Other Income / (Expense), net	3.49	2.95	3.09	3.27	1.75	1.59	1.26	6.44	4.82	3.81
Income Tax Expense	0.01	27	27	22	19	19	19	14	13	12
Net Income / (Loss) Attributable to Noncontrolling Interest	0.15	0.06	0.13	-0.15	0.06	0.04	-0.05	-0.08	0.02	0.15
Basic Earnings per Share	$0.75	$1.56	$1.44	$1.20	$1.04	$1.06	$0.96	$0.68	$0.63	$0.65
Weighted Average Basic Shares Outstanding	57.13M	57.40M	57.90M	58.30M	58.52M	59.10M	59.50M	60M	60.02M	59.90M
Diluted Earnings per Share	$0.74	$1.55	$1.43	$1.19	$1.04	$1.05	$0.95	$0.68	$0.62	$0.65
Weighted Average Diluted Shares Outstanding	57.13M	57.40M	57.90M	58.30M	58.52M	59.10M	59.50M	60M	60.02M	59.90M
Weighted Average Basic & Diluted Shares Outstanding	57.13M	57.40M	57.90M	58.30M	58.52M	59.10M	59.50M	60M	60.02M	59.90M

This table details how cash moves in and out of Kirby's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Change in Cash & Equivalents	42	-48	46	-46	56	542	-12	14	-0.25	-18
Net Cash From Operating Activities	756	540	294	322	445	512	347	353	416	524
Net Cash From Continuing Operating Activities	756	540	294	322	445	512	347	353	416	524
Net Income / (Loss) Continuing Operations	287	223	123	-247	-272	143	79	314	143	228
Consolidated Net Income / (Loss)	287	223	123	-247	-272	143	79	314	143	228
Depreciation Expense	240	211	201	214	220	220	225	203	201	192
Amortization Expense	33	29	29	33	30	24	21	22	21	24
Non-Cash Adjustments To Reconcile Net Income	72	7.00	6.49	350	580	42	105	123	11	11
Changes in Operating Assets and Liabilities, net	124	70	-66	-28	-113	83	-83	-308	41	69
Net Cash From Investing Activities	-400	-413	-140	-56	-486	-453	-783	-593	-350	-362
Net Cash From Continuing Investing Activities	-400	-413	-140	-56	-486	72	-783	-593	-350	-362
Purchase of Property, Plant & Equipment	-343	-402	-173	-98	-148	-248	-302	-177	-231	-345
Acquisitions	-78	-38	-3.90	-9.12	-355	262	-534	-470	-137	-41
Sale of Property, Plant & Equipment	20	26	37	51	17	58	53	54	19	24
Net Cash From Financing Activities	-315	-175	-109	-311	97	-42	423	254	-67	-180
Net Cash From Continuing Financing Activities	-315	-175	-109	-311	97	-42	423	254	-67	-180
Repayment of Debt	-100	-351	-397	-308	-150	-545	-83	-15	-53	-100
Repurchase of Common Equity	-175	-113	-23	0.00	0.00	-	-0.78	0.00	-1.83	-241
Issuance of Debt	-44	289	311	0.00	250	500	499	270	-	161
Other Financing Activities, net	3.92	0.20	-0.24	-3.21	-3.52	2.90	7.53	-0.70	-3.41	-0.08
Cash Interest Paid	49	49	43	41	49	56	41	22	20	21
Cash Income Taxes Paid	20	-66	2.55	-117	-36	2.93	0.64	27	18	70

This table details how cash moves in and out of Kirby's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	7.37	14	-22	43	-9.54	5.51	9.90	-54	44	12
Net Cash From Operating Activities	247	207	179	123	216	96	211	16	133	66
Net Cash From Continuing Operating Activities	247	207	179	123	216	96	211	16	133	66
Net Income / (Loss) Continuing Operations	43	90	84	70	62	63	57	41	37	39
Consolidated Net Income / (Loss)	43	90	84	70	62	63	57	41	37	39
Depreciation Expense	63	61	59	58	55	53	52	51	51	50
Amortization Expense	7.61	8.21	8.41	8.35	7.92	7.01	7.05	6.99	7.35	7.27
Non-Cash Adjustments To Reconcile Net Income	60	2.40	2.30	8.02	2.69	-1.49	2.30	3.51	2.65	1.70
Changes in Operating Assets and Liabilities, net	75	45	25	-21	89	-26	93	-86	35	-33
Net Cash From Investing Activities	-103	-72	-147	-79	-123	-140	-86	-65	-48	-32
Net Cash From Continuing Investing Activities	-103	-72	-147	-79	-123	-140	-86	-65	-48	-32
Purchase of Property, Plant & Equipment	-97	-76	-89	-81	-127	-104	-98	-73	-52	-41
Acquisitions	-13	-	-	-	-	-38	-	-	-	-
Sale of Property, Plant & Equipment	6.56	4.78	6.64	2.41	4.24	1.32	12	8.03	4.00	9.59
Net Cash From Financing Activities	-137	-121	-54	-2.01	-103	49	-116	-5.19	-41	-22
Net Cash From Continuing Financing Activities	-137	-121	-54	-2.01	-103	49	-116	-5.19	-41	-22
Repayment of Debt	-100	-0.03	-0.03	-0.03	0.06	-0.03	-0.03	-351	-330	-37
Repurchase of Common Equity	-33	-56	-44	-42	-52	-23	-34	-3.18	-	-4.82
Issuance of Debt	-4.95	-70	-13	44	-52	69	-82	353	290	19
Other Financing Activities, net	0.90	4.26	2.53	-3.78	0.37	3.31	-0.04	-3.44	-0.27	-0.08
Cash Interest Paid	2.46	20	4.73	22	4.04	21	4.26	20	3.06	20
Cash Income Taxes Paid	4.09	1.09	13	1.06	1.33	0.80	-69	0.69	0.46	0.91

This table presents Kirby's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Total Assets	5,852	5,722	5,555	5,399	5,924	6,079	5,872	5,127	4,290	4,152
Total Current Assets	1,069	1,135	1,212	1,004	1,048	918	1,096	957	633	641
Cash & Equivalents	74	33	81	35	80	25	7.80	20	5.63	5.89
Accounts Receivable	537	579	598	568	600	483	522	558	393	393
Inventories, net	394	454	462	331	310	351	507	316	185	185
Prepaid Expenses	63	69	71	70	58	58	59	63	49	45
Plant, Property, & Equipment, net	4,023	3,861	3,633	3,679	3,917	3,777	3,540	2,959	2,921	2,779
Total Noncurrent Assets	760	726	710	717	959	1,384	1,235	1,211	736	733
Long-Term Investments	2.90	2.58	2.17	2.13	2.69	2.03	2.50	1.89	2.62	2.09
Goodwill	439	439	439	439	658	954	954	935	598	587
Intangible Assets	34	43	51	60	69	211	224	233	87	-
Other Noncurrent Operating Assets	284	242	217	216	230	218	55	41	48	144
Total Liabilities & Shareholders' Equity	5,852	5,722	5,555	5,399	5,924	6,079	5,872	5,127	4,290	4,152
Total Liabilities	2,499	2,536	2,510	2,510	2,837	2,708	2,655	2,013	1,877	1,873
Total Current Liabilities	735	676	642	544	466	514	608	480	358	362
Short-Term Debt	8.23	8.07	3.29	1.93	0.04	0.02	0.02	0.00	0.00	0.00
Accounts Payable	251	269	278	199	163	207	278	222	135	133
Accrued Expenses	32	30	42	30	25	33	32	27	13	16
Current Deferred Revenue	177	135	119	73	45	43	-	48	36	41
Current Deferred & Payable Income Tax Liabilities	25	1.49	0.32	0.00	0.47	0.67	2.79	0.19	3.29	3.56
Current Employee Benefit Liabilities	68	69	56	39	33	43	53	45	27	37
Other Taxes Payable	36	32	30	45	44	39	39	23	15	14
Other Current Liabilities	124	118	102	145	144	136	190	109	123	112
Other Current Nonoperating Liabilities	12	13	12	11	11	13	13	6.10	5.40	5.41
Total Noncurrent Liabilities	1,764	1,860	1,868	1,967	2,371	2,193	2,048	1,533	1,519	1,511
Long-Term Debt	867	1,009	1,076	1,161	1,469	1,370	1,410	992	723	775
Capital Lease Obligations	148	139	-	-	-	-	-	-	-	-
Noncurrent Deferred & Payable Income Tax Liabilities	739	697	626	574	607	588	543	468	705	670
Other Noncurrent Operating Liabilities	9.59	16	165	231	295	235	95	72	90	67
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	3,353	3,187	3,045	2,889	3,088	3,372	3,216	3,114	2,413	2,279
Total Preferred & Common Equity	3,352	3,185	3,043	2,886	3,084	3,369	3,213	3,111	2,409	2,269
Total Common Equity	3,352	3,185	3,043	2,886	3,084	3,369	3,213	3,111	2,409	2,269
Common Stock	875	871	866	861	852	842	830	810	438	441
Retained Earnings	2,978	2,692	2,469	2,346	2,593	2,866	2,724	2,647	2,342	2,201
Treasury Stock	-573	-412	-309	-295	-299	-302	-307	-313	-320	-328
Accumulated Other Comprehensive Income / (Loss)	71	35	17	-26	-61	-38	-34	-32	-51	-45
Noncontrolling Interest	1.44	1.25	2.29	2.46	3.25	2.97	3.11	3.40	3.55	10

This table presents Kirby's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	5,871	5,866	5,776	5,683	5,575	5,575	5,456
Total Current Assets	1,164	1,167	1,175	1,196	1,169	1,200	1,126
Cash & Equivalents	67	54	75	42	37	27	37
Accounts Receivable	590	598	585	569	560	636	616
Inventories, net	434	445	447	506	505	475	392
Prepaid Expenses	73	70	68	79	68	62	81
Plant, Property, & Equipment, net	3,985	3,975	3,883	3,782	3,698	3,666	3,641
Plant, Property & Equipment, gross	6,046	5,991	5,880	5,710	5,580	5,533	5,435
Accumulated Depreciation	2,061	2,016	1,997	1,928	1,882	1,867	1,794
Total Noncurrent Assets	721	725	717	705	708	709	689
Noncurrent Note & Lease Receivables	163	158	149	-	-	-	-
Goodwill	439	439	439	439	439	439	439
Intangible Assets	37	39	41	45	47	49	54
Other Noncurrent Operating Assets	82	89	88	221	222	221	197
Total Liabilities & Shareholders' Equity	5,871	5,866	5,776	5,683	5,575	5,575	5,456
Total Liabilities	2,567	2,603	2,559	2,525	2,462	2,490	2,481
Total Current Liabilities	698	685	650	636	656	615	571
Short-Term Debt	8.17	8.97	8.64	9.61	7.45	3.98	3.60
Accounts Payable	249	267	250	258	280	278	242
Accrued Expenses	217	211	195	199	205	174	210
Current Deferred Revenue	168	154	153	135	131	124	82
Current Deferred & Payable Income Tax Liabilities	22	10	11	2.25	0.00	1.11	-
Other Current Liabilities	34	33	33	32	33	33	33
Total Noncurrent Liabilities	1,869	1,919	1,909	1,889	1,805	1,875	1,910
Long-Term Debt	970	1,039	1,052	1,058	991	1,076	1,115
Capital Lease Obligations	149	144	137	142	-	146	144
Noncurrent Deferred & Payable Income Tax Liabilities	735	721	706	673	657	638	605
Other Noncurrent Operating Liabilities	15	15	14	16	158	14	47
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	3,304	3,263	3,217	3,158	3,113	3,085	2,975
Total Preferred & Common Equity	3,302	3,261	3,216	3,157	3,111	3,083	2,973
Total Common Equity	3,302	3,261	3,216	3,157	3,111	3,083	2,973
Common Stock	873	869	866	868	865	863	864
Retained Earnings	2,936	2,846	2,762	2,630	2,567	2,509	2,431
Treasury Stock	-540	-488	-446	-360	-340	-307	-309
Accumulated Other Comprehensive Income / (Loss)	35	35	35	19	19	17	-13
Noncontrolling Interest	1.28	1.22	1.09	1.19	2.17	2.21	2.31

This table displays calculated financial ratios and metrics derived from Kirby's official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	5.64%	11.02%	23.95%	3.47%	-23.50%	-4.45%	34.15%	25.06%	-17.55%	-16.32%
EBITDA Growth	16.81%	33.23%	36,739.22%	99.26%	-133.20%	20.32%	27.40%	-31.56%	-21.70%	-10.22%
EBIT Growth	19.00%	65.17%	184.46%	39.86%	-267.86%	52.67%	70.94%	-61.54%	-35.55%	-20.08%
NOPAT Growth	24.29%	76.93%	179.43%	38.65%	-261.52%	69.52%	-73.28%	159.50%	-35.35%	-19.50%
Net Income Growth	28.71%	81.58%	149.75%	9.14%	-289.90%	80.86%	-74.81%	119.81%	-37.36%	-19.90%
EPS Growth	31.99%	83.25%	149.39%	9.67%	-291.98%	80.92%	-76.69%	114.50%	-36.25%	-16.63%
Operating Cash Flow Growth	40.03%	83.67%	-8.54%	-27.73%	-13.07%	47.50%	-1.81%	-15.01%	-20.69%	29.10%
Free Cash Flow Firm Growth	2,713.35%	-110.67%	-57.98%	636.84%	-161.14%	119.58%	22.39%	-852.79%	-50.42%	37.46%
Invested Capital Growth	-0.21%	6.57%	0.67%	-10.21%	-5.14%	2.12%	13.17%	30.58%	2.67%	3.08%
Revenue Q/Q Growth	0.10%	2.28%	5.25%	4.73%	-7.11%	-2.26%	0.45%	14.03%	-2.67%	-7.90%
EBITDA Q/Q Growth	-4.68%	6.64%	7.36%	38.97%	6.41%	7.78%	9.15%	-24.80%	-4.96%	-4.16%
EBIT Q/Q Growth	-9.04%	10.18%	16.14%	2.64%	2.24%	16.82%	26.66%	-53.48%	-10.14%	-7.23%
NOPAT Q/Q Growth	-6.28%	12.39%	22.59%	2.58%	2.00%	18.38%	-77.45%	213.55%	-9.78%	-6.92%
Net Income Q/Q Growth	-6.21%	12.43%	27.10%	-4.78%	6.68%	23.59%	-76.39%	172.33%	-11.31%	-7.09%
EPS Q/Q Growth	-5.76%	12.73%	26.88%	-4.58%	6.76%	23.44%	-77.53%	166.35%	-11.49%	-5.73%
Operating Cash Flow Q/Q Growth	4.33%	18.17%	45.32%	-12.03%	-8.07%	10.71%	-5.25%	4.86%	-14.28%	14.47%
Free Cash Flow Firm Q/Q Growth	8.63%	-112.31%	238.74%	-21.19%	-35.24%	627.45%	-74.07%	16.98%	-41.52%	54.60%
Invested Capital Q/Q Growth	-1.21%	-0.14%	-3.51%	0.66%	-1.16%	-1.50%	0.00%	4.76%	0.82%	-0.33%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	32.63%	29.47%	25.99%	26.43%	30.42%	28.48%	27.18%	29.64%	36.48%	36.56%
EBITDA Margin	20.97%	18.96%	15.80%	-0.05%	-7.48%	17.24%	13.69%	14.42%	26.35%	27.74%
Operating Margin	12.22%	10.84%	6.93%	-11.49%	-19.38%	8.53%	5.23%	4.23%	13.97%	17.73%
EBIT Margin	12.61%	11.20%	7.53%	-11.04%	-19.00%	8.66%	5.42%	4.25%	13.83%	17.69%
Profit (Net Income) Margin	8.78%	7.21%	4.41%	-10.98%	-12.51%	5.04%	2.66%	14.18%	8.07%	10.62%
Tax Burden Percent	79.09%	75.79%	74.41%	84.92%	58.87%	75.34%	69.27%	429.92%	62.70%	63.03%
Interest Burden Percent	88.07%	84.97%	78.72%	117.12%	111.81%	77.22%	70.90%	77.51%	92.99%	95.19%
Effective Tax Rate	20.91%	24.21%	25.59%	0.00%	0.00%	24.66%	30.73%	-329.92%	37.30%	36.97%
Return on Invested Capital (ROIC)	7.31%	6.07%	3.55%	-4.25%	-6.39%	3.90%	2.47%	11.14%	5.02%	7.98%
ROIC Less NNEP Spread (ROIC-NNEP)	4.57%	3.17%	1.62%	-9.46%	-4.73%	1.06%	0.08%	0.70%	3.37%	6.35%
Return on Net Nonoperating Assets (RNNOA)	1.46%	1.09%	0.59%	-4.01%	-2.01%	0.44%	0.03%	0.21%	1.07%	2.05%
Return on Equity (ROE)	8.77%	7.15%	4.14%	-8.26%	-8.41%	4.34%	2.50%	11.36%	6.09%	10.03%
Cash Return on Invested Capital (CROIC)	7.52%	-0.30%	2.88%	6.51%	-1.12%	1.80%	-9.89%	-15.38%	2.39%	4.95%
Operating Return on Assets (OROA)	7.12%	6.14%	3.83%	-4.38%	-6.88%	4.11%	2.93%	2.00%	5.80%	9.16%
Return on Assets (ROA)	4.96%	3.95%	2.24%	-4.36%	-4.53%	2.39%	1.44%	6.67%	3.38%	5.50%
Return on Common Equity (ROCE)	8.77%	7.15%	4.13%	-8.25%	-8.40%	4.34%	2.50%	11.34%	6.07%	9.99%
Return on Equity Simple (ROE_SIMPLE)	8.56%	7.00%	4.03%	-8.55%	-8.81%	4.25%	2.46%	10.09%	5.93%	10.05%
Net Operating Profit after Tax (NOPAT)	316	254	144	-181	-295	182	108	403	155	240
NOPAT Margin	9.66%	8.21%	5.15%	-8.04%	-13.56%	6.42%	3.62%	18.18%	8.76%	11.17%
Net Nonoperating Expense Percent (NNEP)	2.75%	2.90%	1.94%	5.21%	-1.67%	2.84%	2.38%	10.45%	1.65%	1.63%
Return On Investment Capital (ROIC_SIMPLE)	7.21%	5.85%	3.48%	-	-	-	-	-	-	-
Cost of Revenue to Revenue	67.37%	70.53%	74.01%	73.57%	69.58%	71.52%	72.82%	70.36%	63.52%	63.44%
SG&A Expenses to Revenue	10.32%	10.84%	10.87%	11.88%	11.89%	9.77%	10.25%	9.96%	9.88%	9.00%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	20.41%	18.64%	19.07%	37.92%	49.80%	19.95%	21.95%	25.41%	22.51%	18.84%
Earnings before Interest and Taxes (EBIT)	412	346	210	-248	-413	246	161	94	245	380
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	685	586	440	-1.20	-162	489	407	319	466	596
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.81	1.46	1.27	1.24	1.01	1.59	1.26	1.28	1.49	1.25
Price to Tangible Book Value (P/TBV)	2.11	1.72	1.51	1.50	1.32	2.44	1.98	2.05	2.08	1.69
Price to Revenue (P/Rev)	1.86	1.50	1.38	1.59	1.43	1.89	1.36	1.80	2.02	1.32
Price to Earnings (P/E)	21.18	20.81	31.52	0.00	0.00	37.70	51.40	12.73	25.33	12.54
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	4.72%	4.81%	3.17%	0.00%	0.00%	2.65%	1.95%	7.85%	3.95%	7.98%
Enterprise Value to Invested Capital (EV/IC)	1.63	1.33	1.20	1.17	1.00	1.42	1.17	1.21	1.37	1.19
Enterprise Value to Revenue (EV/Rev)	2.15	1.86	1.74	2.09	2.07	2.37	1.83	2.24	2.43	1.69
Enterprise Value to EBITDA (EV/EBITDA)	10.25	9.82	11.03	0.00	0.00	13.72	13.36	15.54	9.22	6.08
Enterprise Value to EBIT (EV/EBIT)	17.04	16.64	23.16	0.00	0.00	27.31	33.76	52.67	17.56	9.52
Enterprise Value to NOPAT (EV/NOPAT)	22.24	22.68	33.82	0.00	0.00	36.81	50.53	12.33	27.72	15.09
Enterprise Value to Operating Cash Flow (EV/OCF)	9.28	10.66	16.50	14.62	10.12	13.12	15.66	14.04	10.34	6.90
Enterprise Value to Free Cash Flow (EV/FCFF)	21.62	0.00	41.68	16.96	0.00	79.52	0.00	0.00	58.27	24.32
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.31	0.36	0.35	0.40	0.48	0.41	0.44	0.32	0.30	0.34
Long-Term Debt to Equity	0.30	0.36	0.35	0.40	0.48	0.41	0.44	0.32	0.30	0.34
Financial Leverage	0.32	0.34	0.36	0.42	0.43	0.42	0.38	0.31	0.32	0.32
Leverage Ratio	1.77	1.81	1.85	1.89	1.86	1.81	1.74	1.70	1.80	1.83
Compound Leverage Factor	1.56	1.54	1.45	2.22	2.08	1.40	1.23	1.32	1.67	1.74
Debt to Total Capital	23.38%	26.61%	26.17%	28.71%	32.23%	28.89%	30.48%	24.17%	23.05%	25.37%
Short-Term Debt to Total Capital	0.19%	0.19%	0.08%	0.05%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	23.19%	26.42%	26.09%	28.66%	32.23%	28.89%	30.48%	24.17%	23.05%	25.37%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.03%	0.03%	0.06%	0.06%	0.07%	0.06%	0.07%	0.08%	0.11%	0.34%
Common Equity to Total Capital	76.59%	73.36%	73.77%	71.23%	67.70%	71.05%	69.45%	75.75%	76.84%	74.29%
Debt to EBITDA	1.49	1.97	2.45	-968.67	-9.04	2.80	3.47	3.11	1.55	1.30
Net Debt to EBITDA	1.38	1.91	2.27	-937.90	-8.53	2.74	3.44	3.04	1.53	1.29
Long-Term Debt to EBITDA	1.48	1.96	2.45	-967.06	-9.04	2.80	3.47	3.11	1.55	1.30
Debt to NOPAT	3.24	4.55	7.52	-6.44	-4.99	7.51	13.11	2.47	4.66	3.23
Net Debt to NOPAT	3.00	4.41	6.95	-6.23	-4.70	7.36	13.01	2.41	4.61	3.20
Long-Term Debt to NOPAT	3.22	4.52	7.50	-6.43	-4.99	7.51	13.11	2.47	4.66	3.23
Altman Z-Score	3.03	2.59	2.29	1.83	1.53	2.53	2.26	2.52	2.59	2.55
Noncontrolling Interest Sharing Ratio	0.04%	0.06%	0.08%	0.10%	0.10%	0.09%	0.10%	0.13%	0.30%	0.47%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.45	1.68	1.89	1.85	2.25	1.78	1.80	1.99	1.77	1.77
Quick Ratio	0.83	0.90	1.06	1.11	1.46	0.99	0.87	1.20	1.11	1.10
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	325	-12	116	277	-52	84	-431	-555	74	149
Operating Cash Flow to CapEx	234.74%	143.81%	216.75%	689.00%	339.97%	268.66%	139.51%	287.32%	195.71%	163.30%
Free Cash Flow to Firm to Interest Expense	6.61	-0.24	2.61	6.53	-1.06	1.51	-9.20	-25.87	4.17	7.94
Operating Cash Flow to Interest Expense	15.40	10.39	6.60	7.57	9.13	9.14	7.41	16.46	23.50	27.98
Operating Cash Flow Less CapEx to Interest Expense	8.84	3.16	3.55	6.47	6.44	5.74	2.10	10.73	11.49	10.85
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.56	0.55	0.51	0.40	0.36	0.48	0.54	0.47	0.42	0.52
Accounts Receivable Turnover	5.86	5.25	4.78	3.85	4.01	5.65	5.50	4.66	4.51	4.64
Inventory Turnover	5.19	4.76	5.20	5.16	4.57	4.73	5.26	6.22	6.08	7.23
Fixed Asset Turnover	0.83	0.83	0.76	0.59	0.56	0.78	0.91	0.75	0.62	0.80
Accounts Payable Turnover	8.45	7.97	8.64	9.14	8.18	8.37	8.65	8.74	8.41	7.68
Days Sales Outstanding (DSO)	62.33	69.46	76.41	94.89	91.07	64.63	66.37	78.37	81.00	78.72
Days Inventory Outstanding (DIO)	70.36	76.69	70.24	70.77	79.86	77.21	69.44	58.70	60.03	50.48
Days Payable Outstanding (DPO)	43.19	45.82	42.25	39.92	44.61	43.59	42.19	41.77	43.39	47.53
Cash Conversion Cycle (CCC)	89.50	100.33	104.39	125.74	126.31	98.26	93.63	95.30	97.64	81.67
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	4,311	4,320	4,054	4,027	4,484	4,727	4,629	4,091	3,133	3,051
Invested Capital Turnover	0.76	0.74	0.69	0.53	0.47	0.61	0.68	0.61	0.57	0.71
Increase / (Decrease) in Invested Capital	-9.05	266	27	-458	-243	98	539	958	81	91
Enterprise Value (EV)	7,020	5,760	4,854	4,701	4,501	6,713	5,436	4,962	4,299	3,619
Market Capitalization	6,073	4,638	3,855	3,572	3,112	5,367	4,033	3,988	3,581	2,842
Book Value per Share	$58.39	$53.90	$50.80	$48.02	$51.37	$56.19	$53.67	$52.11	$44.74	$42.01
Tangible Book Value per Share	$50.15	$45.75	$42.62	$39.72	$39.27	$36.77	$34.00	$32.55	$32.01	$31.14
Total Capital	4,376	4,342	4,125	4,052	4,556	4,741	4,626	4,107	3,136	3,054
Total Debt	1,023	1,155	1,080	1,163	1,469	1,370	1,410	992	723	775
Total Long-Term Debt	1,015	1,147	1,076	1,161	1,469	1,370	1,410	992	723	775
Net Debt	946	1,120	997	1,126	1,386	1,343	1,400	970	715	767
Capital Expenditures (CapEx)	322	376	136	47	131	191	249	123	212	321
Debt-free, Cash-free Net Working Capital (DFCFNWC)	268	435	492	427	502	379	481	457	269	273
Debt-free Net Working Capital (DFNWC)	342	467	573	462	582	403	489	477	275	279
Net Working Capital (NWC)	334	459	570	460	582	403	489	477	275	279
Net Nonoperating Expense (NNE)	29	31	21	66	-23	39	28	89	12	12
Net Nonoperating Obligations (NNO)	958	1,133	1,009	1,138	1,397	1,356	1,413	977	720	772
Total Depreciation and Amortization (D&A)	273	240	230	247	250	244	246	225	222	216
Debt-free, Cash-free Net Working Capital to Revenue	8.19%	14.07%	17.68%	19.02%	23.10%	13.34%	16.19%	20.62%	15.19%	12.71%
Debt-free Net Working Capital to Revenue	10.47%	15.12%	20.57%	20.57%	26.80%	14.22%	16.45%	21.53%	15.51%	12.99%
Net Working Capital to Revenue	10.22%	14.86%	20.45%	20.48%	26.80%	14.21%	16.45%	21.53%	15.51%	12.99%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$4.95	$3.74	$2.04	($4.11)	($4.55)	$2.38	$1.31	$5.62	$2.63	$4.12
Adjusted Weighted Average Basic Shares Outstanding	57.13M	58.52M	60.02M	60.20M	60.09M	59.98M	59.88M	59.67M	53.96M	53.81M
Adjusted Diluted Earnings per Share	$4.91	$3.72	$2.03	($4.11)	($4.55)	$2.37	$1.31	$5.62	$2.62	$4.11
Adjusted Weighted Average Diluted Shares Outstanding	57.13M	58.52M	60.02M	60.20M	60.09M	59.98M	59.88M	59.67M	53.96M	53.81M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	57.13M	58.52M	60.02M	60.20M	60.09M	59.98M	59.88M	59.67M	53.96M	53.81M
Normalized Net Operating Profit after Tax (NOPAT)	358	250	137	54	98	203	165	143	155	239
Normalized NOPAT Margin	10.97%	8.09%	4.93%	2.39%	4.53%	7.15%	5.57%	6.44%	8.76%	11.12%
Pre Tax Income Margin	11.11%	9.51%	5.92%	-12.93%	-21.25%	6.69%	3.84%	3.30%	12.86%	16.84%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	8.38	6.66	4.70	-5.84	-8.47	4.39	3.44	4.39	13.84	20.28
NOPAT to Interest Expense	6.42	4.88	3.22	-4.25	-6.04	3.26	2.30	18.75	8.77	12.80
EBIT Less CapEx to Interest Expense	1.82	-0.57	1.66	-6.94	-11.15	0.99	-1.87	-1.34	1.83	3.15
NOPAT Less CapEx to Interest Expense	-0.14	-2.34	0.18	-5.35	-8.73	-0.15	-3.01	13.02	-3.24	-4.33
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	5.91%	0.00%
Augmented Payout Ratio	60.85%	50.61%	18.65%	0.00%	0.00%	0.00%	0.98%	0.00%	7.19%	105.76%

This table displays calculated financial ratios and metrics derived from Kirby's official financial filings.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.39%	8.68%	6.07%	7.67%	9.45%	2.54%	11.36%	22.87%	23.49%	24.53%
EBITDA Growth	-21.35%	27.76%	29.98%	35.55%	30.21%	29.20%	36.80%	38.33%	33.25%	147.68%
EBIT Growth	-43.28%	36.55%	39.54%	54.35%	51.13%	51.66%	76.16%	99.67%	87.03%	119.90%
NOPAT Growth	-28.99%	35.03%	39.27%	69.64%	65.71%	58.92%	95.32%	108.08%	180.11%	120.45%
Net Income Growth	-30.65%	42.90%	46.52%	72.12%	66.01%	60.54%	100.37%	130.98%	234.78%	114.80%
EPS Growth	-28.85%	47.62%	50.53%	75.00%	67.74%	61.54%	102.13%	134.48%	226.32%	114.74%
Operating Cash Flow Growth	14.53%	114.49%	-15.20%	648.11%	62.48%	46.90%	233.43%	-48.85%	222.57%	-20.60%
Free Cash Flow Firm Growth	130.23%	212.31%	-843.21%	147.55%	-1,360.90%	65.99%	-90.12%	-122.28%	-96.72%	-149.37%
Invested Capital Growth	-0.21%	0.88%	8.02%	1.27%	6.57%	2.98%	0.84%	2.24%	0.67%	5.03%
Revenue Q/Q Growth	-3.47%	0.82%	2.03%	1.11%	4.50%	-1.61%	3.57%	2.78%	-2.10%	6.86%
EBITDA Q/Q Growth	-37.71%	3.79%	12.12%	8.51%	1.17%	5.60%	16.92%	4.24%	0.39%	11.81%
EBIT Q/Q Growth	-58.70%	5.09%	17.93%	10.82%	-0.58%	7.39%	30.45%	8.50%	-0.22%	24.74%
NOPAT Q/Q Growth	-48.50%	6.56%	17.95%	9.69%	-2.06%	9.91%	43.68%	7.14%	-6.07%	35.08%
Net Income Q/Q Growth	-52.27%	7.20%	20.12%	12.84%	-1.65%	9.92%	41.10%	8.83%	-4.89%	37.19%
EPS Q/Q Growth	-52.26%	8.39%	20.17%	14.42%	-0.95%	10.53%	39.71%	9.68%	-4.62%	38.30%
Operating Cash Flow Q/Q Growth	19.80%	15.16%	45.45%	-42.92%	124.35%	-54.47%	1,183.19%	-87.60%	102.84%	3.34%
Free Cash Flow Firm Q/Q Growth	-0.44%	125.24%	-1,123.46%	112.42%	-269.87%	-267.03%	165.48%	-411.72%	109.98%	-148.51%
Invested Capital Q/Q Growth	-1.21%	-0.85%	1.44%	0.68%	-0.14%	6.17%	-4.90%	5.70%	-3.51%	3.97%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	32.28%	33.58%	32.77%	31.85%	29.71%	30.63%	29.74%	27.77%	26.86%	25.94%
EBITDA Margin	15.43%	23.91%	23.23%	21.14%	19.69%	20.34%	18.95%	16.79%	16.55%	16.14%
Operating Margin	6.25%	15.27%	14.62%	12.56%	11.61%	12.23%	11.23%	8.19%	7.91%	7.90%
EBIT Margin	6.69%	15.63%	14.99%	12.97%	11.83%	12.44%	11.39%	9.05%	8.57%	8.41%
Profit (Net Income) Margin	5.36%	10.83%	10.19%	8.65%	7.75%	8.24%	7.37%	5.41%	5.11%	5.26%
Tax Burden Percent	99.99%	76.70%	75.82%	76.29%	76.07%	77.09%	75.14%	74.30%	73.79%	77.01%
Interest Burden Percent	80.12%	90.38%	89.63%	87.45%	86.13%	85.93%	86.13%	80.53%	80.84%	81.26%
Effective Tax Rate	0.01%	23.30%	24.18%	23.71%	23.93%	22.91%	24.86%	25.70%	26.21%	22.99%
Return on Invested Capital (ROIC)	4.73%	8.80%	8.36%	7.00%	6.52%	6.68%	6.25%	4.20%	4.02%	3.92%
ROIC Less NNEP Spread (ROIC-NNEP)	4.04%	8.14%	7.66%	6.35%	5.72%	5.92%	5.45%	3.79%	3.53%	3.41%
Return on Net Nonoperating Assets (RNNOA)	1.29%	2.81%	2.52%	2.34%	1.96%	2.31%	1.87%	1.57%	1.28%	1.39%
Return on Equity (ROE)	6.02%	11.60%	10.88%	9.34%	8.49%	9.00%	8.12%	5.77%	5.30%	5.32%
Cash Return on Invested Capital (CROIC)	7.52%	6.88%	-0.36%	5.37%	-0.30%	2.37%	4.07%	1.73%	2.88%	-2.05%
Operating Return on Assets (OROA)	3.77%	8.83%	8.38%	7.20%	6.49%	6.75%	6.23%	4.83%	4.36%	4.10%
Return on Assets (ROA)	3.02%	6.12%	5.69%	4.80%	4.25%	4.47%	4.03%	2.89%	2.60%	2.57%
Return on Common Equity (ROCE)	6.02%	11.60%	10.87%	9.34%	8.48%	8.99%	8.11%	5.76%	5.30%	5.31%
Return on Equity Simple (ROE_SIMPLE)	0.00%	9.26%	8.55%	7.84%	0.00%	6.28%	5.61%	4.73%	0.00%	3.25%
Net Operating Profit after Tax (NOPAT)	50	97	91	77	71	72	66	46	43	45
NOPAT Margin	6.25%	11.71%	11.08%	9.59%	8.84%	9.43%	8.44%	6.08%	5.84%	6.08%
Net Nonoperating Expense Percent (NNEP)	0.69%	0.66%	0.70%	0.65%	0.81%	0.76%	0.80%	0.41%	0.49%	0.51%
Return On Investment Capital (ROIC_SIMPLE)	1.15%	-	-	-	1.63%	-	-	-	1.03%	-
Cost of Revenue to Revenue	67.72%	66.43%	67.23%	68.15%	70.29%	69.37%	70.26%	72.23%	73.14%	74.06%
SG&A Expenses to Revenue	10.27%	10.12%	9.75%	11.16%	10.55%	10.35%	10.67%	11.84%	11.09%	10.11%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	26.03%	18.30%	18.15%	19.28%	18.10%	18.40%	18.51%	19.58%	18.95%	18.04%
Earnings before Interest and Taxes (EBIT)	54	130	124	105	95	95	89	68	63	63
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	124	199	191	171	157	156	147	126	121	120
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.81	2.15	2.14	1.75	1.46	1.56	1.48	1.36	1.27	1.22
Price to Tangible Book Value (P/TBV)	2.11	2.51	2.51	2.06	1.72	1.84	1.76	1.61	1.51	1.47
Price to Revenue (P/Rev)	1.86	2.17	2.18	1.79	1.50	1.63	1.54	1.43	1.38	1.38
Price to Earnings (P/E)	21.18	23.18	25.04	22.33	20.81	24.84	26.46	28.74	31.52	37.94
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	4.72%	4.31%	3.99%	4.48%	4.81%	4.03%	3.78%	3.48%	3.17%	2.64%
Enterprise Value to Invested Capital (EV/IC)	1.63	1.87	1.84	1.56	1.33	1.41	1.37	1.26	1.20	1.16
Enterprise Value to Revenue (EV/Rev)	2.15	2.50	2.54	2.15	1.86	2.02	1.86	1.84	1.74	1.84
Enterprise Value to EBITDA (EV/EBITDA)	10.25	11.35	12.03	10.71	9.82	11.09	10.85	11.34	11.03	11.88
Enterprise Value to EBIT (EV/EBIT)	17.04	18.00	19.42	17.64	16.64	19.40	19.81	22.12	23.16	26.98
Enterprise Value to NOPAT (EV/NOPAT)	22.24	24.20	26.07	23.64	22.68	26.98	28.01	32.20	33.82	41.58
Enterprise Value to Operating Cash Flow (EV/OCF)	9.28	11.24	13.21	10.44	10.66	13.33	13.09	19.34	16.50	24.05
Enterprise Value to Free Cash Flow (EV/FCFF)	21.62	27.27	0.00	29.21	0.00	60.40	33.76	73.58	41.68	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.31	0.34	0.37	0.37	0.36	0.38	0.32	0.40	0.35	0.42
Long-Term Debt to Equity	0.30	0.34	0.36	0.37	0.36	0.38	0.32	0.40	0.35	0.42
Financial Leverage	0.32	0.34	0.33	0.37	0.34	0.39	0.34	0.41	0.36	0.41
Leverage Ratio	1.77	1.79	1.79	1.80	1.81	1.82	1.82	1.83	1.85	1.86
Compound Leverage Factor	1.42	1.62	1.61	1.58	1.56	1.56	1.57	1.47	1.49	1.51
Debt to Total Capital	23.38%	25.44%	26.76%	27.13%	26.61%	27.70%	24.28%	28.44%	26.17%	29.79%
Short-Term Debt to Total Capital	0.19%	0.18%	0.20%	0.20%	0.19%	0.22%	0.18%	0.09%	0.08%	0.08%
Long-Term Debt to Total Capital	23.19%	25.26%	26.56%	26.93%	26.42%	27.48%	24.10%	28.35%	26.09%	29.71%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.03%	0.03%	0.03%	0.02%	0.03%	0.03%	0.05%	0.05%	0.06%	0.05%
Common Equity to Total Capital	76.59%	74.53%	73.21%	72.85%	73.36%	72.27%	75.66%	71.51%	73.77%	70.15%
Debt to EBITDA	1.49	1.57	1.77	1.90	1.97	2.20	1.94	2.58	2.45	3.08
Net Debt to EBITDA	1.38	1.48	1.69	1.78	1.91	2.12	1.87	2.53	2.27	2.99
Long-Term Debt to EBITDA	1.48	1.56	1.75	1.88	1.96	2.18	1.93	2.57	2.45	3.07
Debt to NOPAT	3.24	3.35	3.83	4.19	4.55	5.36	5.01	7.33	7.52	10.78
Net Debt to NOPAT	3.00	3.15	3.66	3.93	4.41	5.17	4.83	7.17	6.95	10.47
Long-Term Debt to NOPAT	3.22	3.32	3.80	4.16	4.52	5.31	4.97	7.31	7.50	10.75
Altman Z-Score	2.83	3.08	3.00	2.70	2.45	2.52	2.47	2.33	2.21	2.15
Noncontrolling Interest Sharing Ratio	0.04%	0.04%	0.05%	0.05%	0.06%	0.06%	0.07%	0.08%	0.08%	0.08%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.45	1.67	1.70	1.81	1.68	1.88	1.78	1.95	1.89	1.97
Quick Ratio	0.83	0.94	0.95	1.02	0.90	0.96	0.91	1.08	1.06	1.14
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	59	59	-236	23	-196	-53	32	-48	16	-156
Operating Cash Flow to CapEx	274.55%	288.39%	218.90%	156.79%	176.28%	94.02%	247.19%	25.29%	275.01%	207.34%
Free Cash Flow to Firm to Interest Expense	5.55	4.76	-18.37	1.75	-14.93	-3.95	2.58	-3.66	1.29	-13.24
Operating Cash Flow to Interest Expense	23.20	16.52	13.99	9.37	16.47	7.19	17.21	1.25	11.09	5.58
Operating Cash Flow Less CapEx to Interest Expense	14.75	10.79	7.60	3.40	7.13	-0.46	10.25	-3.68	7.06	2.89
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.56	0.56	0.56	0.55	0.55	0.54	0.55	0.53	0.51	0.49
Accounts Receivable Turnover	5.86	5.63	5.52	5.16	5.25	5.10	5.31	4.95	4.78	4.58
Inventory Turnover	5.19	4.72	4.63	4.75	4.76	4.79	4.97	5.15	5.20	5.59
Fixed Asset Turnover	0.83	0.84	0.83	0.83	0.83	0.81	0.82	0.80	0.76	0.72
Accounts Payable Turnover	8.45	8.75	8.04	8.29	7.97	8.62	8.46	8.66	8.64	9.27
Days Sales Outstanding (DSO)	62.33	64.83	66.09	70.76	69.46	71.52	68.80	73.80	76.41	79.76
Days Inventory Outstanding (DIO)	70.36	77.29	78.89	76.87	76.69	76.13	73.42	70.86	70.24	65.27
Days Payable Outstanding (DPO)	43.19	41.70	45.38	44.03	45.82	42.37	43.15	42.17	42.25	39.36
Cash Conversion Cycle (CCC)	89.50	100.42	99.61	103.61	100.33	105.28	99.07	102.49	104.39	105.67
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	4,311	4,364	4,401	4,339	4,320	4,326	4,075	4,285	4,054	4,201
Invested Capital Turnover	0.76	0.75	0.75	0.73	0.74	0.71	0.74	0.69	0.69	0.65
Increase / (Decrease) in Invested Capital	-9.05	38	327	54	266	125	34	94	27	201
Enterprise Value (EV)	7,020	8,150	8,120	6,757	5,760	6,096	5,581	5,385	4,854	4,868
Market Capitalization	6,073	7,089	6,980	5,633	4,638	4,927	4,617	4,183	3,855	3,640
Book Value per Share	$58.39	$57.04	$55.94	$55.16	$53.90	$53.06	$51.84	$51.37	$50.80	$49.63
Tangible Book Value per Share	$50.15	$48.83	$47.75	$46.93	$45.75	$44.93	$43.75	$43.24	$42.62	$41.41
Total Capital	4,376	4,431	4,455	4,414	4,342	4,368	4,111	4,311	4,125	4,238
Total Debt	1,023	1,127	1,192	1,197	1,155	1,210	998	1,226	1,080	1,263
Total Long-Term Debt	1,015	1,119	1,183	1,189	1,147	1,200	991	1,222	1,076	1,259
Net Debt	946	1,060	1,139	1,122	1,120	1,168	962	1,199	997	1,226
Capital Expenditures (CapEx)	90	72	82	79	123	102	86	65	48	32
Debt-free, Cash-free Net Working Capital (DFCFNWC)	268	407	437	459	435	527	483	563	492	522
Debt-free Net Working Capital (DFNWC)	342	475	491	534	467	569	520	590	573	559
Net Working Capital (NWC)	334	466	482	525	459	560	512	586	570	556
Net Nonoperating Expense (NNE)	7.17	7.32	7.38	7.54	8.65	9.09	8.28	5.04	5.29	6.12
Net Nonoperating Obligations (NNO)	958	1,060	1,139	1,122	1,133	1,168	962	1,199	1,009	1,226
Total Depreciation and Amortization (D&A)	70	69	68	66	63	60	59	58	58	58
Debt-free, Cash-free Net Working Capital to Revenue	8.19%	12.49%	13.69%	14.56%	14.07%	17.44%	16.09%	19.25%	17.68%	19.75%
Debt-free Net Working Capital to Revenue	10.47%	14.54%	15.36%	16.95%	15.12%	18.84%	17.31%	20.16%	20.57%	21.14%
Net Working Capital to Revenue	10.22%	14.29%	15.08%	16.67%	14.86%	18.52%	17.06%	20.02%	20.45%	21.01%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.75	$1.56	$1.44	$1.20	$1.04	$1.06	$0.96	$0.68	$0.63	$0.65
Adjusted Weighted Average Basic Shares Outstanding	57.13M	57.40M	57.90M	58.30M	58.52M	59.10M	59.50M	60M	60.02M	59.90M
Adjusted Diluted Earnings per Share	$0.74	$1.55	$1.43	$1.19	$1.04	$1.05	$0.95	$0.68	$0.62	$0.65
Adjusted Weighted Average Diluted Shares Outstanding	57.13M	57.40M	57.90M	58.30M	58.52M	59.10M	59.50M	60M	60.02M	59.90M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	57.13M	57.40M	57.90M	58.30M	58.52M	59.10M	59.50M	60M	60.02M	59.90M
Normalized Net Operating Profit after Tax (NOPAT)	50	96	91	77	70	71	65	44	42	45
Normalized NOPAT Margin	6.25%	11.56%	11.03%	9.58%	8.76%	9.27%	8.39%	5.86%	5.80%	6.04%
Pre Tax Income Margin	5.36%	14.12%	13.44%	11.34%	10.19%	10.69%	9.81%	7.29%	6.93%	6.83%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	5.03	10.39	9.64	7.97	7.21	7.11	7.21	5.14	5.22	5.33
NOPAT to Interest Expense	4.70	7.79	7.13	5.89	5.38	5.39	5.34	3.45	3.55	3.86
EBIT Less CapEx to Interest Expense	-3.42	4.66	3.25	1.99	-2.13	-0.54	0.25	0.21	1.19	2.65
NOPAT Less CapEx to Interest Expense	-3.75	2.06	0.74	-0.09	-3.96	-2.26	-1.62	-1.48	-0.48	1.17
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	60.85%	63.15%	57.62%	60.03%	50.61%	30.72%	24.31%	17.89%	18.65%	23.71%

Frequently Asked Questions About Kirby's Financials

When does Kirby's financial year end?

According to the most recent income statement we have on file, Kirby's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Kirby's net income changed over the last 9 years?

Kirby's net income appears to be on a downward trend, with a most recent value of $286.90 million in 2024, rising from $227.97 million in 2015. The previous period was $222.91 million in 2023. See where experts think Kirby is headed by visiting Kirby's forecast page.

What is Kirby's operating income?

Kirby's total operating income in 2024 was $399.10 million, based on the following breakdown:

Total Gross Profit: $1.07 billion
Total Operating Expenses: $666.43 million

How has Kirby revenue changed over the last 9 years?

Over the last 9 years, Kirby's total revenue changed from $2.15 billion in 2015 to $3.27 billion in 2024, a change of 52.1%.

How much debt does Kirby have?

Kirby's total liabilities were at $2.50 billion at the end of 2024, a 1.5% decrease from 2023, and a 33.4% increase since 2015.

How much cash does Kirby have?

In the past 9 years, Kirby's cash and equivalents has ranged from $5.63 million in 2016 to $80.58 million in 2022, and is currently $74.44 million as of their latest financial filing in 2024.

How has Kirby's book value per share changed over the last 9 years?

Over the last 9 years, Kirby's book value per share changed from 42.01 in 2015 to 58.39 in 2024, a change of 39.0%.

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This page (NYSE:KEX) was last updated on 5/28/2025 by MarketBeat.com Staff

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Kirby (KEX) Financials

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Kirby (KEX) Financials

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