(KEX) Kirby - Ratings and Ratios

Kirby Corporation (NYSE:KEX) is a leading operator of domestic tank barges in the United States, specializing in marine transportation and distribution services. Its Marine Transportation segment offers bulk liquid transport services, including petrochemicals, black oils, refined petroleum products, and agricultural chemicals. The segment operates an extensive fleet of 1,094 inland tank barges, 281 inland towboats, 28 coastal tank barges, 24 coastal tugboats, 4 offshore dry-bulk cargo barges, 3 offshore tugboats, and a docking tugboat. These assets enable the company to navigate key waterways such as the Mississippi River System, the Gulf Intracoastal Waterway, and coastwise routes along the U.S. coasts, as well as Alaska and Hawaii. Kirby’s strategic presence in these regions underscores its critical role in the domestic marine logistics network.

The company’s Distribution and Services segment focuses on after-market sales and service of marine and industrial equipment. This includes genuine replacement parts for engines, transmissions, reduction gears, and electrical systems, as well as rebuilding services for diesel engines and related components. Additionally, the segment offers equipment rentals, such as generators and industrial compressors, and manufactures oilfield service equipment, including pressure pumping units and energy storage systems. Kirby serves a diverse customer base, including oilfield services, marine operators, power generation companies, and the U.S. government. Founded in 1921 and headquartered in Houston, Texas, Kirby Corporation has established itself as a key player in both marine transportation and industrial equipment distribution.