Highest-materiality recent filing
Kirby Q2 EPS $1.67 flat YoY; revenue up 8%; guidance reaffirmed toward upper end
Q2 GAAP EPS $1.67 ($89.7M net) vs $1.67 ($94.3M) prior year; revenue $922.4M vs $855.5M (+7.8%).
Kirby Q1 EPS $1.50 (+13% YoY); raises FY2026 EPS growth guidance to 5-15%
Q1 2026 EPS of $1.50 vs $1.33 YoY (+13%); revenue $844.1M vs $785.7M.
Kirby Corp refinances credit facility: $750M revolver maturing 2031, removes term loan, $200M drawn
New $750M revolving credit facility replaces 2027 agreement; maturity extended to March 26, 2031.
Kirby expands board to 10, appoints Tracy A. Embree as independent director
Board expanded from 9 to 10 directors; Tracy A. Embree elected as Class I director effective Feb 16, 2026.
Kirby Q4 EPS $1.68, full-year $6.33; guides 2026 EPS flat to +12% YoY
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).
Kirby Q3 EPS $1.65, +6% YoY; coastal margins ~20%, power gen rev +56%
EPS $1.65 vs $1.55; revenue $871.2M vs $831.1M; EBITDA $201.4M.
Kirby expands share repurchase authorization by 8M shares; ~8.8M shares remaining
Board authorized repurchase of up to 8M additional shares of common stock under existing authorization.
Net earnings $94.3M ($1.67 diluted EPS) vs $83.9M ($1.43) in Q2 2024; revenue $855.5M (+3.8% YoY).
Kirby Q1 EPS $1.33 beats $1.19 YoY; revenue down 2.8% but margins improve; buys 14 barges for $97M
Q1 EPS $1.33 vs $1.19 YoY; net earnings $76M; revenue $785.7M (-2.8% YoY).
Kirby Q4 adj EPS $1.29 (+24% YoY); 2025 EPS growth guide 15-25%
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.
Kirby Q3 EPS $1.55 beats $1.05 YoY; revenue up 9% to $831.1M
EPS of $1.55 up 48% YoY; net earnings $90.0M vs $63.0M in Q3 2023.
Kirby Q2 EPS $1.43 beats $0.95 YoY; raises marine margin guidance; appoints EVP GC
Q2 net earnings $83.9M ($1.43/diluted) vs $57.4M ($0.95) prior year; revenue $824.4M, up 6%.
Kirby appoints Christian O'Neil as President and COO; CEO Grzebinski focuses on CEO role
O'Neil appointed President and COO effective April 26, 2024, overseeing marine transportation and distribution & services.
Bylaws amended to allow CEO to be a separate office from Chairman of the Board or President.
Kirby Q1 EPS $1.19 vs $0.68; revenue $808M; appoints O'Neil President & COO
GAAP EPS $1.19 vs $0.68; net earnings $70.1M; revenue $808M, +8% YoY.
Kirby Q4 EPS $1.04 beats $0.67 adj. prior year; guides 30-40% EPS growth in 2024
Q4 revenue $799.2M (+9.4% YoY); net earnings $61.9M vs $37.3M.
Kirby Q3 EPS $1.05, up 62% YoY; revenue $764.8M; inland margins high teens
Q3 2023 EPS $1.05 vs $0.65 YoY; net earnings $63M; revenue $764.8M (+2.5%); EBITDA $148.5M.
Kirby Q2 EPS $0.95 vs $0.47 YoY; revenue $777M; inland margins high-teens
GAAP EPS of $0.95, net earnings $57.4M, up from $0.47 and $28.5M YoY.
Kirby Q1 EPS $0.68 vs $0.29 YoY; revenue $750M up 23%; inland marine margins low teens
Q1 net earnings $40.7M ($0.68/share) vs $17.4M ($0.29/share) YoY; revenue $750.4M vs $610.8M.
Kirby amends 2023 AIP to add ROTC metric for Corporate Division
Compensation Committee approved amended 2023 AIP Guidelines on March 24, 2023.
Kirby appoints Rocky B. Dewbre to Board, enters cooperation agreement with JCP Investment Management
Dewbre appointed as independent Class II director, board expands to 11 members, 9 independent.
Kirby Q4 EPS $0.62 ($0.67 adj); revenue $730M; 2023 growth outlook
Q4 GAAP EPS $0.62 vs $0.18 YoY; adjusted EPS $0.67 vs $0.27; revenue $730.2M (+23% YoY).
Kirby appoints Susan W. Dio to Board of Directors, expanding board to ten
Susan W. Dio, former BP America Chairman/President, elected to Kirby Board as independent Class I director.
Kirby issues remaining $240M of 3.51% Series B Notes due 2033
Issued $240M Series B Notes (3.51% fixed rate) on Jan 19, 2023, completing $300M total offering.
Kirby amends bylaws to address universal proxy rules and remote meeting procedures
Bylaws amended effective Oct 25, 2022 to comply with SEC Rule 14a-19 universal proxy requirements.
GAAP EPS $0.65 vs net loss of $(4.41) in Q3 2021; adjusted EPS $0.17 excluding one-time items.
Kirby Corporation issues $60M of 3.46% senior notes due 2033
Issued $60M Series A 3.46% senior notes on Oct 20, 2022, part of $300M Note Purchase Agreement.
Kirby enters $750M credit facility ($500M revolver + $250M term loan) due 2027
New $500M revolving credit facility and $250M term loan, maturity July 29, 2027.
Kirby Q2 EPS $0.49 adj, revenue $698M; sees momentum building in H2
Q2 GAAP EPS $0.47 ($0.49 adj), revenue $698M vs $559.6M in Q2 2021.
Ex-Kirby distribution president Reniers gets $145,891 bonus, $157,906 award in separation
Joseph H. Reniers resigned as President – Kirby Distribution & Services, effective May 20, 2022.
Kirby President of Distribution & Services resigns; search for replacement underway
Joseph H. Reniers resigned as President – Kirby Distribution & Services effective May 20, 2022.
Kirby Corp enters change of control agreements with 4 executives
CEO David Grzebinski receives 2.99x highest base salary + 2x target bonus; other three get 2x salary + 2x bonus.
Kirby reports Q1 EPS $0.29, revenue $610.8M; expects meaningful quarterly earnings progression
Q1 net earnings $17.4M ($0.29/sh) vs loss of $3.4M (-$0.06/sh) in Q1 2021; revenue up 23% to $610.8M.
Kirby Corp to pay Raj Kumar $238,875 for forfeited bonus from prior employer
One-time payment of $238,875 to Raj Kumar to compensate for forfeited 2021 cash bonus from prior employer.
Kirby Corp announces retirement of William G. Harvey effective March 2, 2022
William G. Harvey's last day as employee is March 2, 2022.
Kirby Corp issues $300M in senior notes at 3.46% and 3.51% to refinance 2023 notes
$60M Series A at 3.46% due Jan 19, 2033; $240M Series B at 3.51% due Jan 19, 2033.
Kirby Q4 adj EPS $0.27; guides strong 2022 with inland margins in low double-digits
Q4 adjusted EPS $0.27 (GAAP $0.18) on revenues $591M, up 21% YoY; full-year adj EPS $0.56.
Kirby appoints Raj Kumar as CFO effective Nov 29, 2021; Harvey to retire in early 2022
Raj Kumar appointed Executive Vice President and Chief Financial Officer effective November 29, 2021.
Kirby Q3 GAAP loss $4.41/sh on $340.7M impairment; revenue up 21% to $599M; adj EPS $0.17
Q3 GAAP net loss $264.7M ($4.41/sh) vs. profit $27.5M ($0.46/sh) last year; adjusted EPS $0.17.
Kirby names Raj Kumar as Executive VP and CFO, succeeding retiring Bill Harvey
Raj Kumar will join in November 2021 as Executive VP and CFO, succeeding Bill Harvey who retires in early 2022.
Kirby Q2 EPS $0.17 vs $0.42 YoY; CFO Harvey to retire Q1 2022
Net earnings $10.2M ($0.17 EPS) vs $25.0M ($0.42) in Q2 2020; revenue $559.6M (+3.4%).
Kirby elects Shawn D. Williams as new independent director; granted $150,750 in restricted shares
Shawn D. Williams elected to Kirby's Board as Class III director effective July 27, 2021.
On July 29, 2024, Amy D. Husted, age 55, was appointed the Company's Executive Vice President, General Counsel and Secretary.
David W. Grzebinski’s title changed to Chief Executive Officer.
Christian G. O’Neil, was appointed as Kirby’s President and Chief Operating Officer.
With effect on April 26, 2024 at the conclusion of the Company’s 2024 Annual Stockholder Meeting, Christian G. O’Neil, 52, will be appointed as Kirby’s President and Chief Operating Officer.
Richard J. Alario will succeed Mr. Pyne as Chairman of the Board effective as of the 2024 Annual Meeting.
Rocky B. Dewbre will not stand for election as a Director at the conclusion of his term which expires on April 26, 2024.
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.
On February 3, 2023, the Company increased the size of the Board from 10 to 11 directors and elected Mr. Dewbre to fill the vacancy, to serve as a Class II director until the 2024 Annual Meeting.
On January 24, 2023, the Board of Directors of Kirby Corporation (“Kirby”) expanded the size of the Board of Directors from nine to ten directors and elected Susan W. Dio to fill the vacancy, to serve as a Class I director until the Annual Meeting of Stockholders in 2023.
Joseph H. Reniers resigned from his position as President – Kirby Distribution & Services, Inc., a subsidiary of the Company, effective May 20, 2022.
On May 20, 2022, Joseph H. Reniers resigned as President – Kirby Distribution & Services, Inc. to pursue other personal and professional interests.
Mr. Harvey's last day of employment with the Company is March 2, 2022.
Max materiality 0.85 · Median 0.68 · Most common event earnings