secwatch.observer — SEC 8-K summary
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Issuer:     KIRBY CORP (KEX)
CIK:        0000056047
Form:       8-K
Filed at:   2026-01-29T23:59:59+00:00
Accession:  0001193125-26-028839
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kirby Q4 EPS $1.68, full-year $6.33; guides 2026 EPS flat to +12% YoY
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- Q4 net earnings $91.8M ($1.68 EPS) vs $42.8M ($0.74) a year ago; full-year $354.6M ($6.33) vs $286.7M ($4.91).
- Inland marine utilization mid to high-80% in Q4, improved to low 90% in early Q1 2026; coastal utilization mid to high-90%.
- Power generation revenue up 47% YoY; Distribution & Services segment revenue $370.1M with 8.1% operating margin.
- Repurchased 1.03M shares for $101.6M at avg $98.53; reduced debt $130M in Q4; debt-to-cap 21.4%.
- 2026 EPS guidance flat to +12% YoY; operating cash flow $575-675M; capex $220-260M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/56047/000119312526028839/0001193125-26-028839-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/56047/000119312526028839/kex-20260129.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-028839

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer