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| Date | Value |
|---|---|
| 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 |