Kirby (KEX) Debt to Equity (2009 - 2025)

Kirby (KEX) recorded quarterly Debt to Equity of $0.27 in Q4 2025, down 12.9% quarter-over-quarter from $0.31 in Q3 2025, and up 4.32% on a YoY basis from $0.26 in Q4 2024.

Kirby (KEX) Debt to Equity (2009 - 2025) Analysis & Trends

Kirby's Debt to Equity history runs 17 years deep, the most recent figure standing at $0.27 for Q4 2025.

  • In Q4 2025, Debt to Equity rose 4.32% year-over-year to $0.27; the TTM figure through Dec 2025 stood at $0.27 (up 4.32% YoY), while the FY2025 annual figure was $0.27, up 4.32% from the prior year.
  • Debt to Equity was $0.27 for Q4 2025 at Kirby, down from $0.31 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $0.44 in Q1 2021 to a low of $0.26 in Q4 2024.
  • Historically, Debt to Equity has averaged $0.35 across 5 years, with a median of $0.33 in 2023.
  • The sharpest annual moves came in 2021 and 2025: Debt to Equity fell 23.77% in 2021, then increased 5.44% in 2025.
  • A 5-year view of Debt to Equity shows it stood at $0.4 in 2021, then dropped by 12.09% to $0.35 in 2022, then declined by 10.46% to $0.32 in 2023, then dropped by 18.29% to $0.26 in 2024, then rose by 4.32% to $0.27 in 2025.
  • The last three Debt to Equity figures came in at $0.27 (Q4 2025), $0.31 (Q3 2025), and $0.33 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 C3is 744.65 Bn 744.65 Bn 9.11 Mn -
2 Kirby 7.86 Bn 7.78 Bn 291.34 Mn 0.27
3 Matson 5.69 Bn 5.59 Bn - 0.13
4 Hafnia 3.63 Bn 3.52 Bn 152.41 Mn 0.48
5 Star Bulk Carriers 3.14 Bn 3.13 Bn 371.22 Mn 0.43
6 ZIM Integrated Shipping Services 3.12 Bn 1.01 Bn 57.20 Mn -
7 Costamare 1.93 Bn 1.42 Bn - 0.69
8 Navios Maritime Partners 1.87 Bn 1.47 Bn 262.01 Mn -
9 Global Ship Lease 1.37 Bn 1.37 Bn - -
10 Capital Clean Energy Carriers 1.33 Bn 792.93 Mn 78.44 Mn 1.53

Historic Data

Download Data
DateValue
Dec 31, 2025 0.27
Sep 30, 2025 0.31
Jun 30, 2025 0.33
Mar 31, 2025 0.33
Dec 31, 2024 0.26
Sep 30, 2024 0.29
Jun 30, 2024 0.32
Mar 31, 2024 0.33
Dec 31, 2023 0.32
Sep 30, 2023 0.34
Jun 30, 2023 0.32
Mar 31, 2023 0.35
Dec 31, 2022 0.35
Sep 30, 2022 0.37
Jun 30, 2022 0.39
Mar 31, 2022 0.40
Dec 31, 2021 0.40
Sep 30, 2021 0.42
Jun 30, 2021 0.41
Mar 31, 2021 0.44