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. 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, TX, US
Websitekirbycorp.com
Employee Ratings3.7
Overall CultureD-

Latest Updates

Employees (est.) (Dec 2019)5,700
Job Openings52
Revenue (FY, 2020)$2.2 B(-23%)
Share Price (Nov 2021)$58.3
Cybersecurity ratingCMore
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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, Baton Rouge, Channelview, Corpus Christi and in 4 other locations
Houston, TX, US (HQ)
55 Waugh Drive Suite 1000
Baton Rouge, LA, US
11211 Industriplex Blvd., Suite 1400
Channelview, TX, US
18350 Market St
Corpus Christi, TX, US
3105 Navigation Blvd
Greenville, MS, US
249 C St
Honolulu, HI, US
Pier 21
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Kirby Corporation Financials and Metrics

Kirby Corporation Revenue

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Kirby Corporation's revenue was reported to be $2.17 b in FY, 2020
USD

Revenue (Q2, 2021)

85.8m

Market capitalization (12-Nov-2021)

3.5b

Closing stock price (12-Nov-2021)

58.3
Kirby Corporation's current market capitalization is $3.5 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

2.2b3.0b2.8b2.2b

Revenue growth, %

25%34%(4%)

Cost of goods sold

1.6b2.2b2.0b1.5b

Gross profit

656.9m809.8m808.4m660.6m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Revenue

741.7m802.7m704.8m744.6m771.0m666.8m643.9m541.2m496.6m496.9m85.8m

Cost of goods sold

553.3m588.6m498.4m536.7m563.5m458.5m453.6m373.5m340.8m363.0m

Gross profit

188.4m214.0m206.4m208.0m207.5m208.3m190.4m167.6m155.8m133.8m

Gross profit Margin, %

25%27%29%28%27%31%30%31%31%27%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

20.1m7.8m24.7m80.3m

Accounts Receivable

452.2m417.6m379.2m315.3m

Prepaid Expenses

62.8m59.4m58.1m57.8m

Inventories

315.7m507.4m351.4m309.7m
Quarterly
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

313.9m79.1m143.0m(271.6m)

Depreciation and Amortization

202.9m225.0m219.6m219.9m

Inventories

19.7m(144.7m)122.8m47.1m

Accounts Payable

20.8m22.6m(57.4m)(39.8m)
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Net Income

32.7m61.5m103.4m44.5m91.9m140.0m(347.0m)(321.7m)(294.0m)(3.1m)6.8m

Depreciation and Amortization

54.2m109.7m167.6m55.2m110.3m164.8m55.8m110.3m165.1m54.9m110.0m

Cash From Operating Activities

18.7m153.8m272.3m38.5m188.2m387.6m71.5m242.1m359.8m102.6m197.8m

Purchases of PP&E

(14.1m)(38.4m)
USDFY, 2017

Revenue/Employee

383.4k

Financial Leverage

1.6 x
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Kirby Corporation Operating Metrics

Y, 1988FY, 2017FY, 2018FY, 2019

Inland Tank Barges (Owned and Leased)

719981 k1.05 k

Inland Towboats (Owned and Chartered)

302285299

Coastal Tank Barges (Owned and Leased)

565349

Coastal Tugboats (Owned and Chartered)

535047
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Kirby Corporation Acquisitions / Subsidiaries

Company NameDateDeal Size
Higman Marine ServicesFebruary 04, 2018$419 m
Stewart & StevensonJuly 13, 2017$710 m
Maritime InvestmentsDecember 14, 2012
Penn MaritimeNovember 28, 2012$295 m
Allied TransportationNovember 01, 2012
K-Sea Transportation PartnersJune 01, 2011$604 m
United HoldingsApril 15, 2011
Global Power SystemsJuly 07, 2006$100 m
Marine SystemsJanuary 01, 1982
16530 Peninsula Blvd. LLC (subsidiary of Kirby Inland Marine, LP)
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Kirby Corporation Revenue Breakdown

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Kirby Corporation revenue breakdown by business segment: 55.9% from Marine Transportation and 44.1% from Distribution and Services

Kirby Corporation Cybersecurity Score

Cybersecurity ratingPremium dataset

C

70/100

SecurityScorecard logo

Kirby Corporation Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

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Kirby Corporation Online and Social Media Presence

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Kirby Corporation Company Culture

  • Overall Culture

    D-

    53/100

  • CEO Rating

    D-

    55/100

  • Compensation

    F

    44/100

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Kirby Corporation News and Updates

Kirby Corporation to Present at the Stephens NASH2021 Investment Conference

HOUSTON, Nov. 23, 2021 (GLOBE NEWSWIRE) -- Kirby Corporation ("Kirby" or “the Company”) (NYSE: KEX) announced today that Kirby will present in a fireside chat at the Stephens NASH2021 Investment Conference on Wednesday, December 1, 2021. Specifics of the conference presentation are as follows:

Kirby Corporation Announces 2021 Third Quarter Results

HOUSTON, Oct. 28, 2021 (GLOBE NEWSWIRE) -- Kirby Corporation (“Kirby” or the “Company”) (NYSE: KEX) today announced a net loss attributable to Kirby for the third quarter ended September 30, 2021 of $(264.7) million, or $(4.41) per share, compared with earnings of $27.5 million or $0.46 per share …

Kirby Corporation Names Raj Kumar Executive Vice President and Chief Financial Officer

HOUSTON, Oct. 04, 2021 (GLOBE NEWSWIRE) -- Kirby Corporation ("Kirby") (NYSE: KEX) announced today that Raj Kumar will be joining Kirby Corporation as Executive Vice President and Chief Financial Officer in November 2021. Mr. Kumar will succeed Bill Harvey, who previously announced his intention t…

Kirby Corporation Announces 2021 Second Quarter Results

HOUSTON, July 29, 2021 (GLOBE NEWSWIRE) -- Kirby Corporation (“Kirby” or the “Company”) (NYSE: KEX) today announced net earnings attributable to Kirby for the second quarter ended June 30, 2021 of $10.2 million, or $0.17 per share, compared with earnings of $25.0 million or $0.42 per share for the…

Kirby Corporation Announces New Director of the Board Shawn D. Williams

HOUSTON, July 27, 2021 (GLOBE NEWSWIRE) -- Kirby Corporation ("Kirby") (NYSE: KEX) today announced the appointment of Shawn D. Williams as a new independent member of the Kirby Board of Directors effective July 27, 2021. Mr. Williams has an extensive background in the chemicals industry with profe…

Kirby Corporation Announces Date for 2021 Second Quarter Earnings Release and Earnings Webcast

HOUSTON, June 30, 2021 (GLOBE NEWSWIRE) -- Kirby Corporation ("Kirby") (NYSE: KEX) will announce its 2021 second quarter results at 6:00 a.m. Central Daylight Time (“CDT”) on Thursday, July 29, 2021. This announcement will be followed by an earnings conference call webcast at 7:30 a.m. CDT.
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Kirby Corporation Blogs

Kirby Corporation Announces Date For 2020 Third Quarter Earnings Release and Earnings Webcast

October 5, 2020 4:00 pm HOUSTON , Oct. 05, 2020 (GLOBE NEWSWIRE) — Kirby Corporation (“Kirby”) (NYSE: KEX) will announce its 2020 third quarter results at 6:00 a.m. Central Daylight Time (“CDT”) on Thursday, October 29, 2020 . This announcement will be followed by an earnings conference call webcast…

Stewart & Stevenson’s Apollo ABVM Receives Emergency Use Authorization from U.S. Food and Drug Administration

HOUSTON , July 15, 2020 (GLOBE NEWSWIRE) -- Stewart & Stevenson  Healthcare Technologies, LLC (“S&S”), a subsidiary of Kirby Corporation (“Kirby”) (NYSE: KEX), has received emergency use authorization  for the Apollo ABVM from the U.S. Food and Drug Administration (“FDA”) for the duration of

Kirby Corporation Announces Date for 2020 Second Quarter Earnings Release and Earnings Webcast

July 2, 2020 4:00 pm HOUSTON , July 02, 2020 (GLOBE NEWSWIRE) — Kirby Corporation (“Kirby”) (NYSE: KEX) will announce its 2020 second quarter results at 6:00 a.m. Central Daylight Time (“CDT”) on Thursday, July 30, 2020 . This announcement will be followed by an earnings conference call webcast at 7…

Kirby Corporation Announces 2020 First Quarter Results and Impact of COVID-19 on Business Operations

May 5, 2020 6:00 am First quarter 2020 GAAP loss per share of ( $4.15 ), or earnings per share of $0.59 excluding one-time items of ( $4.74 ) per share   One-time items include asset impairments in distribution and services of ( $5.59 ) per share, partially offset by a one-time tax benefit of […] Th…

Stewart & Stevenson Signs Exclusive License Agreement with Rice University for ApolloBVM Ventilator Production

April 22, 2020 4:05 pm HOUSTON , April 22, 2020 (GLOBE NEWSWIRE) — Stewart & Stevenson (“S&S”), a subsidiary of Kirby Corporation (“Kirby”) (NYSE: KEX), and Rice University announced today the signing of an exclusive licensing agreement to produce an advanced version of the ApolloBVM ventila…

KIRBY CORPORATION CLOSES THE ACQUISITION OF SAVAGE INLAND MARINE’S BARGE FLEET

April 2, 2020 6:00 am HOUSTON , April 02, 2020 (GLOBE NEWSWIRE) — Kirby Corporation (“Kirby”) (NYSE: KEX) today announced that it has completed the acquisition of Savage Inland Marine’s (“Savage”) inland barge fleet. Savage is an operator of tank barges and towboats participating in the inland tank …
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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 $2.2 b.

  • What is Kirby Corporation revenue per employee?

    Latest Kirby Corporation revenue per employee is $380.9 k.

  • Who are Kirby Corporation competitors?

    Competitors of Kirby Corporation include ArcBest, Advance Auto Parts and Tidewater.

  • Where is Kirby Corporation headquarters?

    Kirby Corporation headquarters is located at 55 Waugh Drive Suite 1000, Houston.

  • Where are Kirby Corporation offices?

    Kirby Corporation has offices in Houston, Baton Rouge, Channelview, Corpus Christi and in 4 other locations.

  • How many offices does Kirby Corporation have?

    Kirby Corporation has 9 offices.