Kirby Corporation
Kirby Corporation, founded in 1917 and headquartered in Houston, Texas, is the largest inland tank barge operator in the United States, specializing in on-hire transportation of petroleum products…
Snapshot
Kirby Corporation is a marine transportation company that has completed 11 disclosed acquisitions and reported $3.36B in latest-year revenue.
- Sector
- Marine Transportation
- Ticker
- KEX
- Revenue (LTM)
- $3.36B
- Acquisitions
- 11
- Operating margin
- 14.8%
- Latest call
- Q1 2026
Business description
Kirby Corporation, founded in 1917 and headquartered in Houston, Texas, is the largest inland tank barge operator in the United States, specializing in on-hire transportation of petroleum products and chemicals. Under the leadership of CEO Kevin Reilly since 2016, the company leverages an extensive and modern fleet to serve major energy and chemical clients. With a market share of about 30% in its niche, Kirby’s combination of long-term contracts and integrated logistics solutions provides a competitive edge. The firm is actively modernizing its fleet and digital operations to support future growth amid a dynamic regulatory and economic environment.
Everything on Kirby Corporation
Financials
Leadership & board
Share repurchases
Kirby has an active share-repurchase authorization (the Board approved an eight million share increase on September 8, 2025), with approximately 7.0 million shares remaining available as of February 13, 2026; the Company repurchased 3.7 million shares for $354.2 million during 2025.
Competition & customers
Five KMT customers accounted for approximately 17% of the Company's 2025 revenue, 18% of 2024 revenue, and 16% of 2023 revenue. Three KDS customers accounted for approximately 9% of the Company's 2025 revenue, 10% of 2024 revenue, and 12% of 2023 revenue.