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. 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.
| Type | Public | |
| Founded | 1921 | |
| HQ | Houston, TX, US | Map |
| Website | kirbycorp.com | |
| Employee Ratings | More | |
| Overall Culture | D- | More |
Recent NewsAll News
- Kirby Corporation Announces 2021 First Quarter Results
- Kirby Corporation Announces Date for 2021 First Quarter Earnings Release and Earnings Webcast
- Kirby Corporation Announces 2020 Fourth Quarter and Full Year Results
- Kirby Corporation Announces Date for 2020 Fourth Quarter and Full Year Earnings Release and Earnings Webcast
Key People/Management at Kirby Corporation
David W. Grzebinski
President and Chief Executive Officer
William G. Harvey
Executive Vice President and Chief Financial Officer
Joseph H. Reniers
President, Kirby Distribution & Services
Kim B. Clarke
Vice President and Chief Human Resource Officer
Eric S. Holcomb
Vice President Investor Relations
Scott P. Miller
Vice President and Chief Information Officer
Kirby Corporation Office Locations
Kirby Corporation has offices in Houston, Anchorage, Baton Rouge, Channelview and in 5 other locations
Houston, TX, US (HQ)
55 Waugh Dr
Anchorage, AK, US
509 W 3rd Ave #128
Baton Rouge, LA, US
11211 Industriplex Blvd #1400
Channelview, TX, US
18350 Market St
Corpus Christi, TX, US
3105 Navigation Blvd
Greenville, MS, US
249 Brent Road
Kirby Corporation Financials and Metrics
Kirby Corporation Revenue
Kirby Corporation's revenue was reported to be $2.17 b in FY, 2020
| USD | |
|---|---|
Revenue (FY, 2020) | 2.2b |
Gross profit (FY, 2020) | 660.6m |
Gross profit margin (FY, 2020), % | 30.4% |
Net income (FY, 2020) | (271.6m) |
EBIT (FY, 2020) | (420.8m) |
Market capitalization (3-May-2021) | 4.0b |
Closing stock price (3-May-2021) | 65.9 |
Cash (31-Dec-2020) | 80.3m |
EV | 5.6b |
Kirby Corporation's current market capitalization is $4 b.
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 741.7m | 802.7m | 704.8m | 744.6m | 771.0m | 666.8m | 643.9m | 541.2m | 496.6m |
Cost of goods sold | 553.3m | 588.6m | 498.4m | 536.7m | 563.5m | 458.5m | 453.6m | 373.5m | 340.8m |
Gross profit | 188.4m | 214.0m | 206.4m | 208.0m | 207.5m | 208.3m | 190.4m | 167.6m | 155.8m |
Gross profit Margin, % | 25% | 27% | 29% | 28% | 27% | 31% | 30% | 31% | 31% |
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 7.0m | 4.2m | 3.6m | 7.3m | 22.5m | 9.4m | 322.6m | 108.5m | 119.6m |
Accounts Receivable | 485.9m | 448.3m | 400.9m | 440.0m | 451.0m | 382.5m | 389.6m | 348.5m | 304.0m |
Prepaid Expenses | 81.0m | 82.2m | 85.6m | 57.2m | 53.0m | 56.6m | 60.6m | 57.0m | 58.0m |
Inventories | 372.2m | 384.0m | 453.2m | 491.6m | 428.3m | 410.3m | 341.5m | 336.0m | 321.4m |
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 32.7m | 61.5m | 103.4m | 44.5m | 91.9m | 140.0m | (347.0m) | (321.7m) | (294.0m) |
Depreciation and Amortization | 54.2m | 109.7m | 167.6m | 55.2m | 110.3m | 164.8m | 55.8m | 110.3m | 165.1m |
Cash From Operating Activities | 18.7m | 153.8m | 272.3m | 38.5m | 188.2m | 387.6m | 71.5m | 242.1m | 359.8m |
Capital Expenditures | (41.0m) | (152.9m) | (231.8m) | (60.9m) | (127.3m) | (184.1m) | (49.2m) | (92.8m) | (129.4m) |
| USD | FY, 2017 |
|---|---|
Revenue/Employee | 383.4k |
Financial Leverage | 1.6 x |
Kirby Corporation Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Higman Marine Services | February 04, 2018 | $419 m |
| Stewart & Stevenson | July 13, 2017 | $710 m |
| Maritime Investments | December 14, 2012 | |
| Penn Maritime | November 28, 2012 | $295 m |
| Allied Transportation | November 01, 2012 | |
| K-Sea Transportation Partners | June 01, 2011 | $604 m |
| United Holdings | April 15, 2011 | |
| Global Power Systems | July 07, 2006 | $100 m |
| Marine Systems | January 01, 1982 | |
| 16530 Peninsula Blvd. LLC (subsidiary of Kirby Inland Marine, LP) |
Kirby Corporation Revenue Breakdown
Kirby Corporation revenue breakdown by business segment: 44.1% from Distribution and Services and 55.9% from Marine Transportation
Kirby Corporation Cybersecurity Score
Kirby Corporation Environment, Social & Governance (ESG) Ratings
Kirby Corporation Online and Social Media Presence
88 Twitter followers
Kirby Corporation has 88 Twitter Followers. The number of followers has increased 0.4% quarter over quarter
Kirby Corporation's Trends
Kirby Corporation Company Culture
Overall Culture
D-
52/100
CEO Rating
D-
56/100
Compensation
F
44/100
Kirby Corporation News and Updates
April 29, 2021
Kirby Corporation Announces 2021 First Quarter Results
HOUSTON, April 29, 2021 (GLOBE NEWSWIRE) -- Kirby Corporation (“Kirby” or the “Company”) (NYSE: KEX) today announced a net loss attributable to Kirby for the first quarter ended March 31, 2021 of ($3.4) million, or ($0.06) per share, compared with a loss of ($347.2) million or ($5.80) per share fo…
April 06, 2021
Kirby Corporation Announces Date for 2021 First Quarter Earnings Release and Earnings Webcast
HOUSTON, April 06, 2021 (GLOBE NEWSWIRE) -- Kirby Corporation ("Kirby") (NYSE: KEX) will announce its 2021 first quarter results at 6:00 a.m. Central Daylight Time (“CDT”) on Thursday, April 29, 2021. This announcement will be followed by an earnings conference call webcast at 7:30 a.m. CDT.
January 28, 2021
Kirby Corporation Announces 2020 Fourth Quarter and Full Year Results
HOUSTON, Jan. 28, 2021 (GLOBE NEWSWIRE) -- Kirby Corporation (“Kirby”) (NYSE: KEX) today announced net earnings attributable to Kirby for the fourth quarter ended December 31, 2020 of $22.2 million or $0.37 per share, compared with $2.8 million or $0.05 per share for the 2019 fourth quarter. Exclu…
January 11, 2021
Kirby Corporation Announces Date for 2020 Fourth Quarter and Full Year Earnings Release and Earnings Webcast
HOUSTON, Jan. 11, 2021 (GLOBE NEWSWIRE) -- Kirby Corporation ("Kirby") (NYSE: KEX) will announce its 2020 fourth quarter and full year results at 6:00 a.m. Central Standard Time (“CST”) on Thursday, January 28, 2021. This announcement will be followed by an earnings conference call webcast at 7:30…
October 29, 2020
Kirby Corporation Announces 2020 Third Quarter Results
HOUSTON, Oct. 29, 2020 (GLOBE NEWSWIRE) -- Kirby Corporation (“Kirby” or the “Company”) (NYSE: KEX) today announced net earnings attributable to Kirby for the third quarter ended September 30, 2020 of $27.5 million, or $0.46 per share, compared with net earnings of $48.0 million or $0.80 per share…
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…
Kirby Corporation Blogs
October 05, 2020
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…
July 15, 2020
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
July 02, 2020
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…
May 05, 2020
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…
April 22, 2020
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…
April 02, 2020
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 …
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 ICTSI, American Commercial Barge Line and Standard Motor Products.
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 10 offices.
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