---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-055414"
form_type: "8-K"
ticker: "KEX"
cik: "0000056047"
company_name: "KIRBY CORP"
filed_at: "2023-10-26T23:59:59+00:00"
generated_at: "2026-06-09T09:06:28.500394+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Kirby Q3 EPS $1.05, up 62% YoY; revenue $764.8M; inland margins high teens

## Summary
- Q3 2023 EPS $1.05 vs $0.65 YoY; net earnings $63M; revenue $764.8M (+2.5%); EBITDA $148.5M.
- Marine Transportation: op income $63.5M, margin 14.8% vs 9.6%; inland high-teens margins; coastal near break-even.
- Distribution & Services: rev $334.9M (+7%), op income $33.2M (+49%), margin 9.9% vs 7.1%.
- Repurchased 290,255 shares for $23.3M at avg $80.31; debt-to-cap 25.3%, liquidity $450.7M.
- Q4 outlook: inland revs flat seq., margins improving; coastal revs up low-mid single digits; D&S revs up low-mid single digits; FY cash ops $475-525M, capex $330-380M.

## SEC filing metadata
- accession: 0000950170-23-055414
- form_type: 8-K
- ticker: KEX
- cik: 0000056047
- company_name: KIRBY CORP
- filed_at: 2023-10-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/56047/000095017023055414/0000950170-23-055414-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/56047/000095017023055414/kex-20231026.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-055414
- JSON: https://secwatch.observer/filing/0000950170-23-055414.json
- Plain text: https://secwatch.observer/filing/0000950170-23-055414.txt

## Key facts
- Earnings Releases
  KIRBY CORP reported the third quarter ended September 30, 2023 results: revenue $764.8 million, net income $63.0 million or $1.05 per share, EPS $1.05.
  - Period: the third quarter ended September 30, 2023
  - Revenue: $764.8 million
  - Net income: $63.0 million or $1.05 per share
  - EPS: $1.05
  - Result: reported results
  source text: Kirby Corporation (“Kirby”) (NYSE: KEX) today announced net earnings attributable to Kirby for the third quarter ended September 30, 2023 of $63.0 million or $1.05 per share, compared with earnings of $39.1 million, or $0.65 per share for the 2022 third quarter. Consolidated revenues for the 2023 third quarter were $764.8 million compared with $745.8 million reported for the 2022 third quarter.
  evidence_url: https://www.sec.gov/Archives/edgar/data/56047/000095017023055414/0000950170-23-055414-index.htm

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