Kirby (KEX) FCF Margin (2009 - 2025)
Kirby (KEX) recorded quarterly FCF Margin of 31.13% in Q4 2025, up 69.24% quarter-over-quarter from 18.4% in Q3 2025, and up 1235.0% on a YoY basis from 2.33% in Q4 2024.
Kirby (KEX) FCF Margin (2009 - 2025) Analysis & Trends
Kirby's FCF Margin history runs 17 years deep, the most recent figure standing at 31.13% for Q4 2025.
- In Q4 2025, FCF Margin rose 1235.0% year-over-year to 31.13%; the TTM figure through Dec 2025 stood at 12.06% (down 61.0% YoY), while the FY2025 annual figure was 12.06%, down 1102.0% from the prior year.
- FCF Margin was 31.13% for Q4 2025 at Kirby, up from 18.4% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 31.13% in Q4 2025 to a low of 7.56% in Q1 2023.
- Historically, FCF Margin has averaged 9.2% across 5 years, with a median of 10.05% in 2022.
- The sharpest annual moves came in 2022 and 2024: FCF Margin slumped 1318 bps in 2022, then soared 1663 bps in 2024.
- A 5-year view of FCF Margin shows it stood at 2.57% in 2021, then jumped by 330 bps to 11.04% in 2022, then advanced by 1 bps to 11.17% in 2023, then surged by 68 bps to 18.78% in 2024, then jumped by 66 bps to 31.13% in 2025.
- The last three FCF Margin figures came in at 31.13% (Q4 2025), 18.4% (Q3 2025), and 2.62% (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn | - |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn | 31.13% |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - | 10.03% |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn | 84.89% |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn | 5.62% |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn | 21.05% |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - | 63.90% |
| 8 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn | 68.97% |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - | - |
| 10 | Capital Clean Energy Carriers | 1.33 Bn | 792.93 Mn | 78.44 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 31.13% |
| Sep 30, 2025 | 18.40% |
| Jun 30, 2025 | 2.62% |
| Mar 31, 2025 | -5.36% |
| Dec 31, 2024 | 18.78% |
| Sep 30, 2024 | 15.66% |
| Jun 30, 2024 | 11.01% |
| Mar 31, 2024 | 5.23% |
| Dec 31, 2023 | 11.17% |
| Sep 30, 2023 | -0.97% |
| Jun 30, 2023 | 14.59% |
| Mar 31, 2023 | -7.56% |
| Dec 31, 2022 | 11.04% |
| Sep 30, 2022 | 3.26% |
| Jun 30, 2022 | 9.09% |
| Mar 31, 2022 | 4.64% |
| Dec 31, 2021 | 2.57% |
| Sep 30, 2021 | 8.17% |
| Jun 30, 2021 | 12.68% |
| Mar 31, 2021 | 17.81% |