Kirby (KEX) Gross Margin (2009 - 2026)
Kirby (KEX) posted quarterly Gross Margin of 34.2% for Q4 2025, up 193.0% year-over-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 - 2026) Analysis & Trends
Kirby's Gross Margin history runs 17 years deep, the most recent figure standing at 34.2% for Q4 2025.
- In Q4 2025, Gross Margin rose 193.0% year-over-year to 34.2%; the TTM figure through Dec 2025 stood at 34.11% (up 149.0% YoY), while the FY2025 annual figure was 34.11%, up 149.0% from the prior year.
- Gross Margin for Q4 2025 stood at 34.2%, up from 33.37% 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.
- The 5-year median for Gross Margin is 29.73% (2023), against an average of 29.73%.
- The sharpest annual moves came in 2021 and 2023: Gross Margin slumped 593 bps in 2021, then soared 480 bps in 2023.
- Kirby's Gross Margin stood at 26.61% in 2021, then advanced by 1 bps to 26.86% in 2022, then climbed by 11 bps to 29.71% in 2023, then climbed by 9 bps to 32.28% in 2024, then increased by 6 bps to 34.2% in 2025.
- Business Quant data shows KEX's Gross Margin at 34.2% in Q4 2025, 33.37% in Q3 2025, and 34.16% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | 31.53% |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | - |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | 67.88% |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | 4.10% |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | 79.34% |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | 2,501,247.17% |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | 91.34% |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | 92.31% |
| 10 | Sfl | 1.65 Bn | 1.50 Bn | 106.91 Mn | 61.27% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 31.53% |
| 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% |