---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-019877"
form_type: "8-K"
ticker: "KEX"
cik: "0000056047"
company_name: "KIRBY CORP"
filed_at: "2022-10-24T23:59:59+00:00"
generated_at: "2026-06-23T01:45:52.008415+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Kirby Q3 2022 EPS $0.65; revenue up 25% to $745.8M; inland marine margins improve to low double digits

## Summary
- GAAP EPS $0.65 vs net loss of $(4.41) in Q3 2021; adjusted EPS $0.17 excluding one-time items.
- Total revenues $745.8M (+25% YoY); marine transportation revenue $433.0M (+28%).
- Inland marine barge utilization low-90% (vs low-80% a year ago); spot rates up mid-20% YoY.
- Distribution & services revenue $312.8M (+20% YoY); operating margin 7.1% vs 4.2%.
- Full-year 2022 guidance: net cash from ops $390-450M, capex $170-190M, free cash flow $200-280M.

## SEC filing metadata
- accession: 0000950170-22-019877
- form_type: 8-K
- ticker: KEX
- cik: 0000056047
- company_name: KIRBY CORP
- filed_at: 2022-10-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/56047/000095017022019877/0000950170-22-019877-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/56047/000095017022019877/kex-20221024.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-019877
- JSON: https://secwatch.observer/filing/0000950170-22-019877.json
- Plain text: https://secwatch.observer/filing/0000950170-22-019877.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.