Kirby (KEX) Gross Margin (2009 - 2026)
Kirby's Gross Margin was 31.53% in Q2 2026, down 2.63 percentage points from 34.16% a year earlier and down 2.30 percentage points from the prior quarter.
Kirby (KEX) Gross Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Kirby's Gross Margin was 33.20% through Jun 30, 2026, down 0.50 percentage points year-over-year; for FY2025, it came in at 34.11%, up 1.49 percentage points from FY2024.
- Gross Margin has now increased for three consecutive years, with a five-year change of +3.69 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 32.63% in FY2024 (+3.15 pp), 29.47% in FY2023 (+3.48 pp), 25.99% in FY2022 (-0.43 pp) and 26.43% in FY2021 (-4.00 pp).
- The Q2 2026 figure marks the lowest quarterly Gross Margin since Q4 2023.
- Compared with a year earlier, Gross Margin was higher in five of the last eight quarters, with an average year-over-year change of +1.00 percentage points.
- The best year-over-year quarter for Gross Margin over five years was Q2 2023 (a gain of 4.80 percentage points); the worst was Q3 2021 (a drop of 5.93 percentage points).
- Per Business Quant data, KEX's Gross Margin in the three quarters before Q2 2026 was 33.83% (Q1 2026), 34.20% (Q4 2025) and 33.37% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | - |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | - |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | - |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | - |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | - |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | - |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | - |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | - |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | 61.47% |
| 10 | Kirby | 6.95 Bn | 6.73 Bn | 290.80 Mn | 31.53% |
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% |
Kirby Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=KEX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "KEX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=KEX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();