Kirby (KEX) Gross Margin (2009 - 2026)
Kirby (KEX) posted Gross Margin of 31.53% for Q2 2026, down 6.81% on a QoQ basis from 33.83% in Q1 2026, and down 263.0% year-over-year from 19.34% in Q2 2025.
Analysis
Kirby (KEX) Gross Margin (2009 - 2026) Analysis & Trends
Kirby has reported Gross Margin for 18 years, with the latest figure at 31.53% in Q2 2026.
- On a quarterly basis, Gross Margin fell 263.0% year-over-year to 31.53% in Q2 2026; TTM through Jun 2026 was 33.2%, a 50.0% decrease from a year earlier, with the FY2025 full-year figure at 34.11%, up 149.0% from the prior year.
- Gross Margin was 31.53% for Q2 2026 at Kirby, down from 33.83% in the prior quarter.
- The five-year high for Gross Margin was 34.79% in Q1 2025, with the low at 24.94% in Q2 2022.
- Average Gross Margin over 5 years is 30.79%, with a median of 31.69% recorded in 2024.
- The sharpest annual moves came in 2023 and 2026: Gross Margin surged 480 bps in 2023, then slumped 263 bps in 2026.
- Over 5 years, Gross Margin stood at 26.86% in 2022, then increased by 11 bps to 29.71% in 2023, then increased by 9 bps to 32.28% in 2024, then gained by 6 bps to 34.2% in 2025, then dropped by 8 bps to 31.53% in 2026.
- The last three Gross Margin figures came in at 31.53% (Q2 2026), 33.83% (Q1 2026), and 34.2% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | - |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 31.53% |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | - |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 99.97% |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | 45.71% |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | 79.33% |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | 84.14% |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | 14.32% |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | 83.88% |
| 10 | Torm | 3.44 Bn | 94.67 Mn | 652.00 Mn | 98.37% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.53% |
| Mar 31, 2026 | 33.83% |
| 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% |