earnings
confidence high
sentiment positive
materiality 0.85
Kirby Q3 EPS $1.65, +6% YoY; coastal margins ~20%, power gen rev +56%
KIRBY CORP
2025-Q3 EPS reported
$4.64
revenue$2,512,275,000
- EPS $1.65 vs $1.55; revenue $871.2M vs $831.1M; EBITDA $201.4M.
- Inland marine utilization mid-80%; spot rates down low-mid single digits. Coastal utilization mid-high 90%; term renewals up mid-teens.
- Distribution & services rev $386.2M (+12% YoY), op income +40% YoY, margin 11%. Power gen rev +56%.
- Repurchased 1.31M shares for $120M in Q3; additional 0.43M shares for $36M in Q4-to-date.
- FY2025 guidance: net cash ops $620-720M; capex $260-290M.