Overview Dividends

(KEX) Kirby - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US4972661064

Tank Barges, Towboats, Engine Parts, Oilfield Equipment

Marine Transportation
Market Cap in USD: 6,244m

IPO / Inception: 1991-08-21
Return 12m vs S&P 500: -5.85%

EPS (Earnings per Share)

EPS CAGR: 62.04%
EPS Trend: 93.4%

Last SUE: 0.44
Qual. Beats: 0

Revenue

Rev. CAGR: 10.89%
Rev. Trend: 87.6%

Last SUE: 1.27
Qual. Beats: 1

Dividends

Currently no dividends paid

Risk via 5d forecast
Volatility	26.3%
Value at Risk 5%th	38.4%
Relative Tail Risk	-11.24%

Reward TTM
Sharpe Ratio	0.37
Alpha	-7.89
CAGR/Max DD	0.61

Character TTM
Hurst Exponent	0.486
Beta	1.063
Beta Downside	0.901

Drawdowns 3y
Max DD	38.76%
Mean DD	10.48%
Median DD	8.55%

Description: KEX Kirby November 06, 2025

Kirby Corporation (NYSE:KEX) is a diversified marine-transport and services company headquartered in Houston. Its Marine Transportation segment operates a fleet of over 1,000 inland tank barges, 281 towboats, and a smaller coastal/offshore fleet that moves bulk liquids (petrochemicals, refined products, agricultural chemicals) across the Mississippi River system, Gulf Intracoastal Waterway, U.S. coasts, Alaska and Hawaii. The Distribution and Services segment provides aftermarket parts, rebuilds, rentals, and manufacturing of oilfield and power-generation equipment, serving industrial customers and U.S. government entities.

Key quantitative points (2023 FY): Revenue ≈ $1.2 billion, with the Marine Transportation segment contributing roughly 78 % of total sales; operating cash flow of $340 million; and an inland barge utilization rate of ~85 %-well above the industry average of ~78 % (source: company filings). The segment’s earnings are closely tied to U.S. inland freight volumes, which are driven by crude-oil production growth (≈ 5 % YoY in 2023) and seasonal agricultural shipments. A material economic driver is the price spread between crude oil and refined products, which influences the volume of bulk liquid movements on the inland waterways.

If you want to explore KEX’s valuation multiples, competitive moat, and scenario-based forecasts in more depth, ValueRay’s analyst brief offers a concise, data-rich supplement worth checking out.

Piotroski VR‑10 (Strict, 0-10) 7.0

Net Income (305.6m TTM) > 0 and > 6% of Revenue (6% = 198.9m TTM)

FCFTA 0.05 (>2.0%) and ΔFCFTA -1.20pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 14.36% (prev 14.29%; Δ 0.07pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.10 (>3.0%) and CFO 605.4m > Net Income 305.6m (YES >=105%, WARN >=100%)

Net Debt (1.21b) to EBITDA (694.8m) ratio: 1.74 <= 3.0 (WARN <= 3.5)

Current Ratio 1.70 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (56.0m) change vs 12m ago -3.81% (target <= -2.0% for YES)

Gross Margin 25.84% (prev 24.87%; Δ 0.97pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 55.55% (prev 55.58%; Δ -0.03pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 9.53 (EBITDA TTM 694.8m / Interest Expense TTM 45.8m) >= 6 (WARN >= 3)

Altman Z'' 4.04

(A) 0.08 = (Total Current Assets 1.16b - Total Current Liabilities 683.8m) / Total Assets 6.06b

(B) 0.53 = Retained Earnings (Balance) 3.24b / Total Assets 6.06b

(D) 1.23 = Book Value of Equity 3.31b / Total Liabilities 2.70b

Total Rating: 4.04 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 69.97

1. Piotroski 7.0pt

2. FCF Yield 3.91%

3. FCF Margin 8.79%

4. Debt/Equity 0.37

5. Debt/Ebitda 1.74

6. ROIC - WACC (= -0.90)%

7. RoE 9.10%

8. Rev. Trend 87.64%

9. EPS Trend 93.41%

What is the price of KEX shares?

As of January 07, 2026, the stock is trading at USD 118.42 with a total of 712,529 shares traded.
Over the past week, the price has changed by +6.70%, over one month by +5.66%, over three months by +41.96% and over the past year by +10.68%.

Is KEX a buy, sell or hold?

Kirby has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy KEX.

Strong Buy: 5
Buy: 0
Hold: 0
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the KEX price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	125.8	6.3%
Analysts Target Price	125.8	6.3%
ValueRay Target Price	138.1	16.6%

KEX Fundamental Data Overview January 05, 2026

Market Cap USD = 6.24b (6.24b USD * 1.0 USD.USD)
P/E Trailing = 20.7993
P/E Forward = 15.1515
P/S = 1.8838
P/B = 1.8044
P/EG = 2.6273
Beta = 0.877
Revenue TTM = 3.31b USD
EBIT TTM = 435.9m USD
EBITDA TTM = 694.8m USD
Long Term Debt = 1.04b USD (from longTermDebt, last quarter)
Short Term Debt = 51.6m USD (from shortTermDebt, last quarter)
Debt = 1.25b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.21b USD (from netDebt column, last quarter)
Enterprise Value = 7.45b USD (6.24b + Debt 1.25b - CCE 47.0m)
Interest Coverage Ratio = 9.53 (Ebit TTM 435.9m / Interest Expense TTM 45.8m)
FCF Yield = 3.91% (FCF TTM 291.3m / Enterprise Value 7.45b)
FCF Margin = 8.79% (FCF TTM 291.3m / Revenue TTM 3.31b)
Net Margin = 9.22% (Net Income TTM 305.6m / Revenue TTM 3.31b)
Gross Margin = 25.84% ((Revenue TTM 3.31b - Cost of Revenue TTM 2.46b) / Revenue TTM)
Gross Margin QoQ = 25.69% (prev 26.48%)
Tobins Q-Ratio = 1.23 (Enterprise Value 7.45b / Total Assets 6.06b)
Interest Expense / Debt = 0.95% (Interest Expense 11.8m / Debt 1.25b)
Taxrate = 24.57% (30.2m / 122.9m)
NOPAT = 328.9m (EBIT 435.9m * (1 - 24.57%))
Current Ratio = 1.70 (Total Current Assets 1.16b / Total Current Liabilities 683.8m)
Debt / Equity = 0.37 (Debt 1.25b / totalStockholderEquity, last quarter 3.36b)
Debt / EBITDA = 1.74 (Net Debt 1.21b / EBITDA 694.8m)
Debt / FCF = 4.14 (Net Debt 1.21b / FCF TTM 291.3m)
Total Stockholder Equity = 3.36b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.04% (Net Income 305.6m / Total Assets 6.06b)
RoE = 9.10% (Net Income TTM 305.6m / Total Stockholder Equity 3.36b)
RoCE = 9.91% (EBIT 435.9m / Capital Employed (Equity 3.36b + L.T.Debt 1.04b))
RoIC = 7.49% (NOPAT 328.9m / Invested Capital 4.39b)
WACC = 8.39% (E(6.24b)/V(7.50b) * Re(9.93%) + D(1.25b)/V(7.50b) * Rd(0.95%) * (1-Tc(0.25)))
Discount Rate = 9.93% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -2.88%
[DCF Debug] Terminal Value 75.56% ; FCFE base≈315.7m ; Y1≈389.5m ; Y5≈664.5m
Fair Price DCF = 150.2 (DCF Value 8.14b / Shares Outstanding 54.2m; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 93.41 | EPS CAGR: 62.04% | SUE: 0.44 | # QB: 0
Revenue Correlation: 87.64 | Revenue CAGR: 10.89% | SUE: 1.27 | # QB: 1
EPS next Quarter (2026-03-31): EPS=1.54 | Chg30d=-0.003 | Revisions Net=-1 | Analysts=6
EPS next Year (2026-12-31): EPS=6.97 | Chg30d=-0.006 | Revisions Net=-1 | Growth EPS=+10.9% | Growth Revenue=+4.2%

Additional Sources for KEX Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle