Kirby (KEX) Gross Margin (2009 - 2025)

Kirby's (KEX) quarterly Gross Margin came in at 34.2% in Q4 2025, up 193.0% year-on-year from 11.67% in Q4 2024, and up 2.51% quarter-over-quarter from 33.37% in Q3 2025.

Kirby (KEX) Gross Margin (2009 - 2025) Analysis & Trends

Kirby's Gross Margin history runs 17 years deep, the most recent figure standing at 34.2% for Q4 2025.

  • On a quarterly basis, Gross Margin rose 193.0% year-over-year to 34.2% in Q4 2025; TTM through Dec 2025 was 34.11%, a 149.0% increase from a year earlier, with the FY2025 full-year figure at 34.11%, up 149.0% from the prior year.
  • Gross Margin grew to 34.2% in Q4 2025 per KEX's latest filing, from 33.37% in the prior quarter.
  • Across five years, Gross Margin topped out at 34.79% in Q1 2025 and bottomed at 24.94% in Q2 2022.
  • The 5-year median for Gross Margin is 29.73% (2023), against an average of 29.73%.
  • Across the five-year window, Gross Margin tumbled 593 bps in 2021 and soared 480 bps in 2023, its largest moves.
  • Year by year, Gross Margin stood at 26.61% in 2021, then climbed by 1 bps to 26.86% in 2022, then grew by 11 bps to 29.71% in 2023, then grew by 9 bps to 32.28% in 2024, then rose by 6 bps to 34.2% in 2025.
  • Per Business Quant, the three latest KEX Gross Margin figures stand at 34.2% (Q4 2025), 33.37% (Q3 2025), and 34.16% (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 ZIM Integrated Shipping Services 2,960,125.28 Bn 2,960,124.36 Bn 57.20 Mn 4.10%
2 Danaos 2,540.11 Bn 2,539.24 Bn 203.71 Mn 80.30%
3 Sfl 1,567.42 Bn 1,567.27 Bn 66.27 Mn 49.51%
4 Capital Clean Energy Carriers 1,428.00 Bn 1,427.46 Bn 95.52 Mn 97.46%
5 Globus Maritime 60.18 Bn 60.15 Bn 8,083.00 65.99%
6 Kirby 8.05 Bn 7.97 Bn 291.34 Mn 34.20%
7 Matson 6.24 Bn 6.14 Bn - -
8 Intercont (Cayman) 3.99 Bn 3.99 Bn - -
9 Hafnia 3.72 Bn 3.61 Bn 152.41 Mn 67.88%
10 Star Bulk Carriers 3.11 Bn 2.62 Bn 493.84 Mn 164.29%

Historic Data

Download Data
DateValue
Dec 31, 2025 34.20%
Sep 30, 2025 33.37%
Jun 30, 2025 34.16%
Mar 31, 2025 34.79%
Dec 31, 2024 32.28%
Sep 30, 2024 33.57%
Jun 30, 2024 32.77%
Mar 31, 2024 31.85%
Dec 31, 2023 29.71%
Sep 30, 2023 30.63%
Jun 30, 2023 29.74%
Mar 31, 2023 27.77%
Dec 31, 2022 26.86%
Sep 30, 2022 25.94%
Jun 30, 2022 24.94%
Mar 31, 2022 26.22%
Dec 31, 2021 26.61%
Sep 30, 2021 25.45%
Jun 30, 2021 26.83%
Mar 31, 2021 26.93%