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Kirby Corporation

OverviewSuggest Edit

Kirby Corporation is an inland tank barge operator that transports bulk liquid products. The company offers transporting of petrochemicals, pressurized products, black oil products, refined petroleum products, and agricultural chemical products. It owns and operates four ocean-going barge and tug units transporting dry-bulk commodities in the coastwise trade. Kirby Corporation is also a diesel engine service provider, offering customers a single source for the service and distribution of diesel engines and ancillary products, and the manufacture and remanufacture of oilfield service equipment, including pressure pumping units. In marine and power generation applications, the company provides after-market service for medium-speed and high-speed diesel engines, reduction gears, and ancillary products. In the oilfield services and land-based pressure pumping markets, Kirby serves as a distributor and service provider for high-speed diesel engines, transmissions, and pumps.

TypePublic
Founded1921
HQHouston, USMap
Websitekirbycorp.com
Employee Ratings3.8More
View Jobs (9)

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2019)5,700
Job Openings9
Revenue (FY, 2019)$2.8 B(-4%)
Share Price (Oct 2020)$39.3 (-1%)
Cybersecurity ratingFMore

Key People/Management at Kirby Corporation

David W. Grzebinski

David W. Grzebinski

President and Chief Executive Officer
William G. Harvey

William G. Harvey

Executive Vice President and Chief Financial Officer
Joseph H. Reniers

Joseph H. Reniers

President, Kirby Distribution & Services
Kim B. Clarke

Kim B. Clarke

Vice President and Chief Human Resource Officer
Eric S. Holcomb

Eric S. Holcomb

Vice President Investor Relations
Scott P. Miller

Scott P. Miller

Vice President and Chief Information Officer
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Kirby Corporation Office Locations

Kirby Corporation has offices in Houston, Anchorage, Baton Rouge, Channelview and in 5 other locations
Houston, US (HQ)
55 Waugh Dr
Anchorage, US
509 W 3rd Ave #128
Baton Rouge, US
11211 Industriplex Blvd #1400
Channelview, US
18350 Market St
Corpus Christi, US
3105 Navigation Blvd
Greenville, US
249 Brent Road
Show all (9)

Kirby Corporation Financials and Metrics

Kirby Corporation Revenue

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Kirby Corporation's revenue was reported to be $2.84 b in FY, 2019 which is a 4.5% decrease from the previous period.
USD

Revenue (Q2, 2020)

541.2m

Gross profit (Q2, 2020)

167.6m

Gross profit margin (Q2, 2020), %

31%

Net income (Q2, 2020)

25.3m

EBIT (Q2, 2020)

34.3m

Market capitalization (16-Oct-2020)

2.4b

Closing stock price (16-Oct-2020)

39.3

Cash (30-Jun-2020)

108.5m

EV

3.9b
Kirby Corporation's current market capitalization is $2.4 b.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

2.2b3.0b2.8b

Revenue growth, %

25%34%(4%)

Cost of goods sold

1.6b2.2b2.0b

Gross profit

656.9m809.8m808.4m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

741.7m1.5b704.8m744.6m771.0m666.8m643.9m541.2m

Cost of goods sold

498.4m536.7m563.5m458.5m453.6m373.5m

Gross profit

206.4m208.0m207.5m208.3m190.4m167.6m

Gross profit Margin, %

29%28%27%31%30%31%
show all
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

20.1m7.8m24.7m

Accounts Receivable

452.2m417.6m379.2m

Prepaid Expenses

59.4m58.1m

Inventories

315.7m507.4m351.4m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

7.0m4.2m3.6m7.3m22.5m9.4m322.6m108.5m

Accounts Receivable

400.9m440.0m451.0m382.5m389.6m348.5m

Prepaid Expenses

85.6m57.2m53.0m56.6m60.6m57.0m

Inventories

453.2m491.6m428.3m410.3m341.5m336.0m
show all
Annual
USDFY, 2016FY, 2018FY, 2019

Net Income

313.9m79.1m143.0m

Depreciation and Amortization

202.9m225.0m219.6m

Inventories

19.7m(144.7m)122.8m

Accounts Payable

20.8m22.6m(57.4m)
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Net Income

32.7m61.5m103.4m44.5m91.9m140.0m(248.2m)(321.7m)

Depreciation and Amortization

54.2m109.7m167.6m55.2m110.3m164.8m55.8m110.3m

Cash From Operating Activities

18.7m153.8m272.3m38.5m188.2m387.6m71.5m242.1m

Purchases of PP&E

(41.0m)(152.9m)(231.8m)(60.9m)(127.3m)(184.1m)(49.2m)(92.8m)
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USDFY, 2017

EV/EBIT

52.7 x

EV/CFO

14.1 x

EV/FCF

28.2 x

Revenue/Employee

383.4k

Debt/Equity

0.3 x

Debt/Assets

0.2 x

Financial Leverage

1.6 x
Show all financial metrics

Kirby Corporation Cybersecurity Score

Cybersecurity ratingPremium dataset

F

58/100

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Kirby Corporation Revenue Breakdown

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Kirby Corporation revenue breakdown by business segment: 59.8% from Marine Transportation and 40.2% from Distribution and Services

Kirby Corporation Online and Social Media Presence

Kirby Corporation's Trends

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Kirby Corporation News and Updates

July 30, 2020

Kirby Corporation Announces 2020 Second Quarter Results

HOUSTON, July 30, 2020 (GLOBE NEWSWIRE) -- Kirby Corporation (“Kirby” or the “Company”) (NYSE: KEX) today announced net earnings attributable to Kirby for the second quarter ended June 30, 2020 of $25.0 million, or $0.42 per share, compared with net earnings of $47.3 million or $0.79 per share for…
January 30, 2020

Kirby Corporation Announces 2019 Fourth Quarter and Full Year Results and Signs Agreement to Purchase the Inland Tank Barge Fleet of Savage Inland Marine

HOUSTON, Jan. 30, 2020 (GLOBE NEWSWIRE) -- Kirby Corporation (“Kirby”) (NYSE: KEX) today announced net earnings attributable to Kirby for the fourth quarter ended December 31, 2019 of $2.8 million or $0.05 per share, compared with a net loss of ($24.4) million or ($0.41) per share for the 2018 fou…
March 14, 2019

Kirby Corporation Closes the Acquisition of the Cenac Marine Services Marine Transportation Fleet

HOUSTON, March 14, 2019 (GLOBE NEWSWIRE) -- Kirby Corporation ("Kirby") (NYSE: KEX) today announced the completion of the acquisition of the marine transportation fleet of Cenac Marine Services, LLC (“Cenac”), an operator of tank barges and towboats participating in the inland tank barge transport…
November 12, 2018

Kirby Corporation Signs Agreement To Purchase CGBM's Inland Tank Barge Fleet

HOUSTON, Nov. 12, 2018 /PRNewswire/ -- Kirby Corporation ("Kirby") (NYSE: KEX) today announced the signing of an agreement to acquire substantially all of CGBM 100, LLC's ("CGBM") inland marine tank barge fleet for an undisclosed amount. Under the terms of the agreement, Kirby will...

Kirby Corporation Blogs

March 20, 2020

KIRBY CORPORATION ANNOUNCES CORONAVIRUS UPDATE WEBCAST HOSTED BY STEPHENS

KIRBY CORPORATION ANNOUNCES CORONAVIRUS UPDATE WEBCAST HOSTED BY STEPHENS ronfrancis.gon… Fri, 03/20/2020 - 16:33 KIRBY CORPORATION ANNOUNCES CORONAVIRUS UPDATE WEBCAST HOSTED BY STEPHENS March 20, 2020 at 4:32 PM EDT This release is a backfill from a News Wir…
March 19, 2020

KIRBY CORPORATION ANNOUNCES CHANGE TO VIRTUAL 2020 ANNUAL MEETING OF STOCKHOLDERS

HOUSTON , March 19, 2020 (GLOBE NEWSWIRE) -- Kirby Corporation ("Kirby” or the “Company") (NYSE:KEX) announced today that the location of its 2020 Annual Meeting of Stockholders will be changed from an in person meeting to a virtual format via a live online webcast.
February 05, 2020

Kirby Corporation to Present at the Stifel 2020 Transportation and Logistics Conference

February 5, 2020 4:00 pm HOUSTON , Feb. 05, 2020 (GLOBE NEWSWIRE) — Kirby Corporation (“Kirby”) (NYSE:KEX) announced today that Kirby will present at the Stifel 2020 Transportation & Logistics Conference on Wednesday, February  12, 2020. Specifics of the conference presentation are as follows: S…
January 02, 2020

Kirby Corporation Announces Date for 2019 Fourth Quarter and Full Year Earnings Release and Earnings Webcast

January 2, 2020 4:00 pm HOUSTON , Jan. 02, 2020 (GLOBE NEWSWIRE) — Kirby Corporation (“Kirby”) (NYSE: KEX) will announce its 2019 fourth quarter and full year results at 6:00 a.m. Central Standard Time (“CST”) on Thursday, January 30, 2020 . This announcement will be followed by an earnings conferen…
October 29, 2019

Kirby Corporation Announces New Director of the Board Tanya S. Beder

October 29, 2019 3:15 pm HOUSTON , Oct. 29, 2019 (GLOBE NEWSWIRE) — Kirby Corporation (“Kirby”) (NYSE: KEX) today announced the appointment of Tanya S. Beder as a new member of the Kirby Board of Directors. Ms. Beder has an extensive background with professional, board, and academic experience and s…
October 29, 2019

Tanya S. Beder

Tanya S. Beder jo-en.bautista… Tue, 10/29/2019 - 11:01 Tanya S. Beder Chairman and CEO of SBCC Group ‘Strategy Building and Crisis Control’ Ms. Beder is currently the Chairman and CEO of a firm she founded, SBCC Group, ‘Strategy Building and Crisis Control’, where…
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 Kirby Corporation Frequently Asked Questions

  • When was Kirby Corporation founded?

    Kirby Corporation was founded in 1921.

  • Who are Kirby Corporation key executives?

    Kirby Corporation's key executives are David W. Grzebinski, William G. Harvey and Joseph H. Reniers.

  • How many employees does Kirby Corporation have?

    Kirby Corporation has 5,700 employees.

  • What is Kirby Corporation revenue?

    Latest Kirby Corporation annual revenue is $2.8 b.

  • What is Kirby Corporation revenue per employee?

    Latest Kirby Corporation revenue per employee is $498 k.

  • Who are Kirby Corporation competitors?

    Competitors of Kirby Corporation include Standard Motor Products, Advance Auto Parts and Tidewater.

  • Where is Kirby Corporation headquarters?

    Kirby Corporation headquarters is located at 55 Waugh Dr, Houston.

  • Where are Kirby Corporation offices?

    Kirby Corporation has offices in Houston, Anchorage, Baton Rouge, Channelview and in 5 other locations.

  • How many offices does Kirby Corporation have?

    Kirby Corporation has 9 offices.