earnings
confidence high
sentiment positive
materiality 0.75
Kirby Q4 adj EPS $1.29 (+24% YoY); 2025 EPS growth guide 15-25%
KIRBY CORP
2024-FY EPS reported
$4.91
revenue$3,265,876,000
- GAAP EPS $0.74 includes $56.3M impairment on diesel frac equipment & $10.9M deferred tax credit; adj EPS $1.29 beats prior year $1.04.
- Revenue $802.3M ($3.3B FY); inland marine contracts repriced +6-9% YoY; coastal renewals up mid-to-high 20%.
- 2025 EPS growth guidance 15-25% YoY; marine margins expected to improve 200-300 bps; inland rev growth mid-high single digit.
- Repurchased 286,697 shares for $33.3M; reduced debt $105M in Q4; debt-to-cap ratio improved to 20.7%.
- Distribution & Services rev $335.5M (-3% YoY); power generation +36% YoY; oil & gas -38% YoY.