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1 Industrials Stock Worth Your Attention and 2 to Brush Off
Tue 20 May 25, 04:37 AMKEX Q1 Earnings Call: Weather and Supply Chain Delays Offset Strong Marine Fundamentals
Thu 15 May 25, 02:02 PMWinners And Losers Of Q1: Kirby (NYSE:KEX) Vs The Rest Of The Marine Transportation Stocks
Thu 15 May 25, 03:35 AMQ1 Earnings Recap: Scorpio Tankers (NYSE:STNG) Tops Marine Transportation Stocks
Wed 14 May 25, 03:34 AMKirby Stock Price Increases 4.3% Since Reporting Q1 Earnings Beat
Mon 12 May 25, 06:14 PMKirby First Quarter 2025 Earnings: EPS Beats Expectations, Revenues Lag
Sat 03 May 25, 01:03 PMKirby Corp (KEX) Q1 2025 Earnings Call Highlights: Strong EPS Growth Amid Market Challenges
Fri 02 May 25, 07:03 AMQ1 2025 Kirby Corp Earnings Call
Fri 02 May 25, 05:29 AMKirby (NYSE:KEX) Reports Sales Below Analyst Estimates In Q1 Earnings
Thu 01 May 25, 12:53 PMKirby Corporation Announces 2025 First Quarter Results
Thu 01 May 25, 11:00 AM| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Income before tax | 164.97M | -290.60100M | -461.35100M | 189.82M | 114.16M |
| Minority interest | -0.47000M | -0.18300M | 0.95M | 0.67M | 0.63M |
| Net income | 122.29M | -246.77100M | -271.59200M | 142.35M | 78.45M |
| Selling general administrative | 332.96M | 303.16M | 258.27M | 312.91M | 304.40M |
| Selling and marketing expenses | - | - | - | - | - |
| Gross profit | 522.37M | 379.98M | 440.67M | 588.72M | 584.78M |
| Reconciled depreciation | 201.44M | 213.72M | 219.92M | 219.14M | 224.97M |
| Ebit | -0.15900M | -126.89800M | -71.37700M | 18.03M | 21.89M |
| Ebitda | 201.28M | 86.82M | 148.54M | 237.66M | 246.86M |
| Depreciation and amortization | 201.44M | 213.72M | 219.92M | 219.63M | 224.97M |
| Non operating income net other | 16.68M | 10.00M | 8.15M | 3.79M | 5.73M |
| Operating income | -0.15900M | -126.89800M | -71.37700M | 18.03M | 155.29M |
| Other operating expenses | 2600.15M | 2169.84M | 2031.01M | 2604.52M | 2729.57M |
| Interest expense | 44.59M | 42.47M | 48.74M | 55.99M | 46.86M |
| Tax provision | 42.21M | -43.83000M | -189.75900M | 46.80M | 35.08M |
| Interest income | 44.59M | 42.47M | 48.74M | 55.62M | 46.50M |
| Net interest income | -44.58800M | -42.46900M | -48.73900M | -55.99400M | -46.85600M |
| Extraordinary items | - | - | - | - | - |
| Non recurring | -8.27900M | 334.95M | 561.16M | -8.15200M | 83.44M |
| Other items | - | - | - | - | - |
| Income tax expense | 42.21M | -43.83000M | -189.75900M | 46.80M | 35.08M |
| Total revenue | 2784.75M | 2246.66M | 2171.41M | 2838.40M | 2970.70M |
| Total operating expenses | 337.76M | 303.16M | 300.27M | 354.85M | 343.65M |
| Cost of revenue | 2262.38M | 1866.68M | 1730.74M | 2249.68M | 2385.92M |
| Total other income expense net | 165.13M | -163.70300M | -389.97400M | 171.79M | -80.11600M |
| Discontinued operations | - | - | - | - | - |
| Net income from continuing ops | 122.76M | -246.77100M | -271.59200M | 143.02M | 79.08M |
| Net income applicable to common shares | 122.26M | -246.95400M | -272.54600M | 142.35M | 78.45M |
| Preferred stock and other adjustments | - | - | - | - | - |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Total assets | 5554.92M | 5399.06M | 5924.17M | 6079.10M | 5871.59M |
| Intangible assets | 51.46M | 60.07M | 68.98M | 210.68M | 224.20M |
| Earning assets | - | - | - | - | - |
| Other current assets | 71.37M | 69.78M | 57.78M | 58.09M | 59.37M |
| Total liab | 2509.76M | 2510.28M | 2836.62M | 2707.51M | 2655.29M |
| Total stockholder equity | 3045.17M | 2888.78M | 3087.55M | 3371.59M | 3213.19M |
| Deferred long term liab | 625.88M | 574.15M | 606.84M | 588.20M | 542.78M |
| Other current liab | 205.07M | 236.08M | 225.33M | 237.01M | 249.58M |
| Common stock | 6.55M | 6.55M | 6.55M | 6.55M | 6.55M |
| Capital stock | 6.55M | 6.55M | 6.55M | 6.55M | 6.55M |
| Retained earnings | 2468.73M | 2346.44M | 2593.39M | 2865.94M | 2723.59M |
| Other liab | 649.09M | 645.40M | 738.55M | 684.18M | 637.34M |
| Good will | 438.75M | 438.75M | 657.80M | 953.83M | 953.83M |
| Other assets | 62.81M | 48.00M | 232.35M | 58.23M | 54.78M |
| Cash | 80.58M | 34.81M | 80.34M | 24.74M | 7.80M |
| Cash and equivalents | 80.58M | 34.81M | 80.34M | 24.74M | 7.80M |
| Total current liabilities | 642.20M | 543.77M | 466.03M | 514.12M | 607.78M |
| Current deferred revenue | 119.31M | 72.77M | 45.41M | 42.98M | 80.12M |
| Net debt | 1177.62M | 1322.13M | 1584.49M | 1511.81M | 1402.39M |
| Short term debt | 39.74M | 35.84M | 32.79M | 27.34M | 0.02M |
| Short long term debt | 3.29M | 1.93M | 0.04M | 0.02M | 0.02M |
| Short long term debt total | 1258.20M | 1356.94M | 1664.83M | 1536.55M | 1410.19M |
| Other stockholder equity | 553.04M | 561.76M | 549.07M | 536.90M | 516.56M |
| Property plant equipment | 3787.97M | 3678.51M | 3917.07M | 3777.11M | 3539.80M |
| Total current assets | 1211.76M | 1003.87M | 1047.97M | 917.58M | 1096.49M |
| Long term investments | 2.17M | 2.13M | 2.69M | 2.02M | 2.50M |
| Net tangible assets | 2552.67M | 2342.76M | 2357.53M | 2204.11M | 2035.16M |
| Short term investments | - | - | 2.69M | - | - |
| Net receivables | 597.96M | 567.92M | 600.18M | 483.35M | 521.88M |
| Long term debt | 1076.33M | 1161.43M | 1468.55M | 1369.75M | 1410.17M |
| Inventory | 461.85M | 331.35M | 309.68M | 351.40M | 507.44M |
| Accounts payable | 278.08M | 199.09M | 162.51M | 206.78M | 278.06M |
| Total permanent equity | - | - | - | - | - |
| Noncontrolling interest in consolidated entity | 2.29M | 2.46M | 3.25M | 2.97M | 3.11M |
| Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
| Accumulated other comprehensive income | 16.85M | -25.96600M | -61.45200M | -37.79900M | -33.51100M |
| Additional paid in capital | - | - | - | - | - |
| Common stock total equity | 6.55M | 6.55M | 6.55M | 6.55M | 6.55M |
| Preferred stock total equity | - | - | - | - | - |
| Retained earnings total equity | 2468.73M | 2346.44M | 2593.39M | 2865.94M | 2723.59M |
| Treasury stock | -308.59800M | -295.20800M | -299.16100M | -301.96300M | -306.78800M |
| Accumulated amortization | - | - | - | - | - |
| Non currrent assets other | -563.07000M | -526.15100M | -551.49600M | -529.97000M | -488.00000M |
| Deferred long term asset charges | - | - | - | - | - |
| Non current assets total | 4343.16M | 4395.20M | 4876.20M | 5161.52M | 4775.10M |
| Capital lease obligations | 178.58M | 193.57M | 196.25M | 166.78M | - |
| Long term debt total | 1076.33M | 1161.43M | 1468.55M | 1369.75M | 1410.17M |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Investments | -139.60100M | -55.78800M | -485.84700M | -452.99800M | -782.61600M |
| Change to liabilities | 83.07M | 44.41M | -30.41100M | -103.81500M | 52.88M |
| Total cashflows from investing activities | -139.60100M | -55.78800M | -485.84700M | -452.99800M | -782.61600M |
| Net borrowings | -85.61900M | -308.10500M | 100.02M | -44.77300M | 416.56M |
| Total cash from financing activities | -108.76300M | -311.31300M | 96.51M | -41.87800M | 423.31M |
| Change to operating activities | -22.70100M | -10.36100M | -29.43600M | -69.37700M | -7.37800M |
| Net income | 122.76M | -246.77100M | -271.59200M | 143.02M | 79.08M |
| Change in cash | 45.76M | -45.52500M | 55.60M | 16.94M | -12.30200M |
| Begin period cash flow | 34.81M | 80.34M | 24.74M | 7.80M | 20.10M |
| End period cash flow | 80.58M | 34.81M | 80.34M | 24.74M | 7.80M |
| Total cash from operating activities | 294.13M | 321.58M | 444.94M | 511.81M | 347.00M |
| Issuance of capital stock | - | - | - | - | - |
| Depreciation | 201.44M | 213.72M | 219.92M | 219.14M | 224.97M |
| Other cashflows from investing activities | 33.01M | 60.46M | -337.66200M | -204.83400M | -480.75500M |
| Dividends paid | - | - | - | - | - |
| Change to inventory | -127.09500M | -19.24800M | 47.08M | 122.77M | -144.68500M |
| Change to account receivables | -31.55000M | 29.13M | -124.94100M | 43.08M | -484.03100M |
| Sale purchase of stock | -22.90100M | 0.63M | 0.35M | 5.74M | -0.77600M |
| Other cashflows from financing activities | 305.25M | -251.31300M | 246.51M | 83.12M | 424.09M |
| Change to netincome | 44.27M | 305.47M | 604.67M | 87.42M | 138.36M |
| Capital expenditures | 172.61M | 98.02M | 148.19M | 248.16M | 301.86M |
| Change receivables | -31.55000M | 29.13M | -124.94100M | 43.08M | 12.51M |
| Cash flows other operating | -27.80100M | -38.33500M | -29.99400M | -25.96000M | -38.09000M |
| Exchange rate changes | - | - | - | - | - |
| Cash and cash equivalents changes | 45.76M | -45.52500M | 55.60M | 16.94M | -12.30200M |
| Change in working capital | -103.37500M | 15.95M | -138.27000M | 36.57M | -117.38700M |
| Stock based compensation | 13.87M | 15.71M | 14.72M | 13.61M | 19.10M |
| Other non cash items | 21.65M | 367.39M | 595.00M | 52.63M | 106.35M |
| Free cash flow | 121.52M | 223.56M | 296.75M | 263.65M | 45.14M |
Sector: Industrials Industry: Marine Shipping
| Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| KEX Kirby Corporation |
0.75 0.60% | 126.56 | 24.52 | 44.05 | 1.56 | 1.49 | 1.96 | 18.81 |
| CICOY COSCO SHIPPING Holdings Co Ltd ADR |
0.04 0.41% | 9.75 | 4.54 | 5.81 | 0.15 | 0.79 | 0.54 | 2.00 |
| CICOF COSCO SHIPPING Holdings Co. Ltd |
- -% | 1.98 | 4.65 | 5.66 | 0.14 | 0.78 | 0.54 | 2.02 |
| AMKBF A.P. Møller - Mærsk A/S |
- -% | 2644.60 | 7.17 | 35.46 | 0.51 | 0.47 | 0.70 | 2.73 |
| AMKAF AP Moeller - Maersk A/S A |
- -% | 2671.00 | 6.77 | 33.44 | 0.51 | 0.45 | 0.70 | 2.61 |
Kirby Corporation operates domestic tank barges in the United States. Its Marine Transportation segment provides marine transportation service and towing vessel transporting bulk liquid product, as well as operates tank barge throughout the Mississippi River System, on the Gulf Intracoastal Waterway, coastwise along three United States coasts, and in Alaska and Hawaii. It also transports petrochemicals, black oils, refined petroleum products, and agricultural chemicals by tank barges; and operates offshore dry-bulk barges and tugboat units that are engaged in the offshore transportation of dry-bulk cargos in the United States coastal trade. As of December 31, 2022, it owned and operated 1,037 inland tank barge, approximately 277 inland towboat, 29 coastal tank barge, 27 coastal tugboat, 4 offshore dry-bulk cargo barge, 4 offshore tugboat, and 1 docking tugboat. Its Distribution and Services segment sells after-market service and genuine replacement parts for engines, transmissions, reduction gears, electric motors, drives, and controls, electrical distribution and control systems, energy storage battery systems, and related oilfield service equipment; rebuilds component parts or diesel engines, transmissions and reduction gears, and related equipment used in oilfield services, marine, power generation, on-highway, and other industrial applications; rents generators, industrial compressors, high capacity lift trucks, and refrigeration trailers; and manufactures and remanufactures oilfield service equipment, including pressure pumping units, as well as manufacturers electric power generation equipment, specialized electrical distribution and control equipment, and high capacity energy storage/battery systems. It serves to various companies and the United States government. The company was formerly known as Kirby Exploration Company, Inc. and changed its name to Kirby Corporation in 1990. Kirby Corporation was founded in 1921 and is headquartered in Houston, Texas.
55 Waugh Drive, Houston, TX, United States, 77007
| Name | Title | Year Born |
|---|---|---|
| Mr. David W. Grzebinski C.F.A. | Pres, CEO & Director | 1961 |
| Mr. Raj Kumar | Exec. VP & CFO | 1973 |
| Ms. Amy D. Husted | VP, Gen. Counsel & Sec. | 1969 |
| Mr. Christian G. O'Neil | Pres of Kirby Inland Marine LP, Kirby Offshore Marine, LLC & San Jac Marine, LLC | 1973 |
| Mr. Ronald A. Dragg | VP, Controller & Assistant Sec. | 1964 |
| Mr. Scott P. Miller | VP & Chief Information Officer | 1979 |
| Mr. Kurt A. Niemietz | VP of Investor Relations & Treasurer | 1973 |
| Mr. William Matthew Woodruff | VP of Public & Gov. Affairs | 1961 |
| Ms. Kim B. Clarke | VP & Chief Human Resource Officer | 1956 |
| Mr. Dorman Lynn Strahan | Pres of Kirby Engine Systems | 1957 |
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