---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-009859"
form_type: "8-K"
ticker: "KEX"
cik: "0000056047"
company_name: "KIRBY CORP"
filed_at: "2024-02-01T23:59:59+00:00"
generated_at: "2026-06-06T12:01:48.085643+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.82
calibrated_materiality_score: 0.82
confidence: "high"
source: SEC EDGAR
---

# Kirby Q4 EPS $1.04 beats $0.67 adj. prior year; guides 30-40% EPS growth in 2024

## Summary
- Q4 revenue $799.2M (+9.4% YoY); net earnings $61.9M vs $37.3M.
- 2024 outlook: EPS growth 30-40%; cash from ops $600-700M; capex $290-330M.
- Board Chairman Joseph Pyne retiring; Richard Alario to succeed as Chair April 26, 2024.
- Inland marine margins high-teens; coastal margins low-single digits; D&S margins 8.3%.
- Repurchased 673k shares for $51.9M in Q4; debt reduced to $1.017B (24.2% debt-to-cap).

## SEC filing metadata
- accession: 0000950170-24-009859
- form_type: 8-K
- ticker: KEX
- cik: 0000056047
- company_name: KIRBY CORP
- filed_at: 2024-02-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.82
- calibrated_materiality_score: 0.82
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/56047/000095017024009859/0000950170-24-009859-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/56047/000095017024009859/kex-20240130.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-009859
- JSON: https://secwatch.observer/filing/0000950170-24-009859.json
- Plain text: https://secwatch.observer/filing/0000950170-24-009859.txt

## Key facts
- Executive change
  Richard J. Alario changed role as Chairman of the Board at KIRBY CORP.
  - Action: succeed
  - Role: Chairman of the Board
  source text: Richard J. Alario will succeed Mr. Pyne as Chairman of the Board effective as of the 2024 Annual Meeting.
  evidence_url: https://www.sec.gov/Archives/edgar/data/56047/000095017024009859/0000950170-24-009859-index.htm
- Executive change
  Rocky B. Dewbre departed as Director at KIRBY CORP.
  - Action: will not stand for election
  - Role: Director
  source text: Rocky B. Dewbre will not stand for election as a Director at the conclusion of his term which expires on April 26, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/56047/000095017024009859/0000950170-24-009859-index.htm
- Executive change
  Joseph H. Pyne departed as Chairman of the Board at KIRBY CORP.
  - Action: retire
  - Role: Chairman of the Board
  source text: Joseph H. Pyne has decided to retire and not stand for re-election as a Class II Director of the Company upon the expiration of his current term, which expires at the Company’s 2024 Annual Meeting of Stockholders (the “2024 Annual Meeting”), currently anticipated to be held on April 26, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/56047/000095017024009859/0000950170-24-009859-index.htm

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