Kirby (KEX) Financials

$96.05 -0.56 (-0.58%)

As of 03:58 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	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	227	141	313	78	142	-273	-247	122	223	287
Consolidated Net Income / (Loss)	228	143	314	79	143	-272	-247	123	223	287
Net Income / (Loss) Continuing Operations	228	143	314	79	143	-272	-247	123	223	287
Total Pre-Tax Income	362	228	73	114	190	-461	-291	165	294	363
Total Operating Income	381	247	94	155	242	-421	-258	193	335	399
Total Gross Profit	785	646	656	807	808	661	594	724	911	1,066
Total Revenue	2,148	1,771	2,214	2,971	2,838	2,171	2,247	2,785	3,092	3,266
Operating Revenue	2,148	1,771	2,214	2,971	2,838	2,171	2,247	2,785	3,092	3,266
Total Cost of Revenue	1,362	1,125	1,558	2,163	2,030	1,511	1,653	2,061	2,180	2,200
Operating Cost of Revenue	1,362	1,125	1,558	2,163	2,030	1,511	1,653	2,061	2,180	2,200
Total Operating Expenses	405	399	563	652	566	1,081	852	531	576	666
Selling, General & Admin Expense	193	175	220	304	277	258	267	303	335	337
Depreciation Expense	192	201	203	225	220	220	214	201	211	240
Other Operating Expenses / (Income)	21	23	29	39	42	42	36	35	35	35
Impairment Charge	0.00	0.00	106	85	36	561	341	0.00	0.00	56
Other Special Charges / (Income)	-1.67	0.13	4.49	-1.97	-8.15	-0.12	-5.76	-8.28	-5.01	-2.21
Total Other Income / (Expense), net	-19	-20	-21	-41	-52	-41	-32	-28	-41	-36
Interest Expense	19	18	21	47	56	49	42	45	52	49
Other Income / (Expense), net	-0.66	-2.47	0.57	5.73	3.79	8.15	10	17	11	13
Income Tax Expense	134	85	-241	35	47	-190	-44	42	71	76
Net Income / (Loss) Attributable to Noncontrolling Interest	1.29	1.40	0.72	0.63	0.67	0.95	0.18	0.47	-0.03	0.19
Basic Earnings per Share	$4.12	$2.63	$5.62	$1.31	$2.38	($4.55)	($4.11)	$2.04	$3.74	$4.95
Weighted Average Basic Shares Outstanding	54.73M	53.45M	55.31M	59.88M	59.98M	60.09M	60.20M	60.02M	58.52M	57.13M
Diluted Earnings per Share	$4.11	$2.62	$5.62	$1.31	$2.37	($4.55)	($4.11)	$2.03	$3.72	$4.91
Weighted Average Diluted Shares Outstanding	54.73M	53.45M	55.31M	59.88M	59.98M	60.09M	60.20M	60.02M	58.52M	57.13M
Weighted Average Basic & Diluted Shares Outstanding	54.73M	53.45M	55.31M	59.88M	59.98M	60.09M	60.20M	60.02M	58.52M	57.13M

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

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

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

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

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

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

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

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

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

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

Frequently Asked Questions About Kirby's Financials

When does Kirby's fiscal year end?

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

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 4/14/2025 by MarketBeat.com Staff

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Kirby (KEX) Financials

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Kirby (KEX) Financials

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