-2.65%
3.98%
-4.49%
-0.75%
30.31%
69.20%
51.41%
AI Spotlight on KEX
Company Description
Kirby Corporation operates domestic tank barges in the United States.Its Marine Transportation segment provides marine transportation service and towing vessel transporting bulk liquid product, as well as operates tank barge throughout the Mississippi River System, on the Gulf Intracoastal Waterway, coastwise along three United States coasts, and in Alaska and Hawaii.It also transport petrochemical, black oil, refined petroleum product, and agricultural chemicals by tank barge; and operates offshore dry-bulk barge and tugboat unit that are engaged in the offshore transportation of dry-bulk cargo in the United States coastal trade.
As of December 31, 2021, it owned and operated 1,025 inland tank barge, approximately 255 inland towboat, 31 coastal tank barge, 29 coastal tugboat, 4 offshore dry-bulk cargo barge, 4 offshore tugboat, and 1 docking tugboat.Its Distribution and Services segment sells after-market service and genuine replacement part for engine, transmission, reduction gear, electric motor, drive, and control, electrical distribution and control system, energy storage battery system, and related oilfield service equipment; rebuild component parts or diesel engine, transmission and reduction gear, and related equipment used in oilfield service, marine, power generation, on-highway, and other industrial applications; rents generator, industrial compressor, high capacity lift truck, and refrigeration trailer; and manufactures and remanufactures oilfield service equipment, including pressure pumping unit, as well as manufacturers electric power generation equipment, specialized electrical distribution and control equipment, and high capacity energy storage/battery systems for oilfield customer.It serves to various companies and the United States government.
The company was formerly known as Kirby Exploration Company, Inc.and changed its name to Kirby Corporation in 1990.Kirby Corporation was founded in 1921 and is headquartered in Houston, Texas.
Market Data
| Last Price | 109.15 |
| Change Percentage | -2.65% |
| Open | 110 |
| Previous Close | 112.12 |
| Market Cap ( Millions) | 6265 |
| Volume | 1190921 |
| Year High | 132.21 |
| Year Low | 81.87 |
| M A 50 | 113.73 |
| M A 200 | 117.32 |
Financial Ratios
| FCF Yield | -2.33% |
| Dividend Yield | 0.00% |
| ROE | 9.43% |
| Debt / Equity | 35.16% |
| Net Debt / EBIDTA | 158.01% |
| Price To Book | 1.91 |
| Price Earnings Ratio | 20.61 |
| Price To FCF | -42.99 |
| Price To sales | 1.92 |
| EV / EBITDA | 10.63 |
News
- Jan -31 - Kirby Corporation (KEX) Q4 2024 Earnings Call Transcript
- Jan -30 - MQ INVESTOR ALERT: Kirby McInerney LLP Reminds Marqeta, Inc. Investors of Looming Lead Plaintiff Deadline in Class Action Lawsuit
- Jan -30 - Kirby (KEX) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
- Jan -30 - Kirby (KEX) Q4 Earnings Surpass Estimates
- Jan -30 - Kirby McInerney LLP Announces Investigation Against Triumph Financial, Inc. (TFIN) on Behalf of Investors
- Jan -27 - Kirby Corp. Q4 Preview: Drill, Baby, Drill Seems Promising, But Early To Tell
- Jan -27 - KEX's Q4 Earnings Coming Up: What's in the Offing for the Stock?
- Jan -22 - United Airlines CEO Scott Kirby: Expect more growth across the board in 2025
- Jan -15 - Here's Why Investors Should Give Kirby Stock a Miss Now
- Jan -14 - ZIM or KEX: Which Is the Better Value Stock Right Now?
- Jan -10 - Kirby McInerney LLP Urges Investors in Kyverna Therapeutics, Inc. to Inquire About Their Rights in Class Action Lawsuit
- Jan -03 - HAS INVESTOR ALERT: Kirby McInerney LLP Notifies Hasbro, Inc. Investors of Upcoming Lead Plaintiff Deadline in Class Action Lawsuit
- Dec -31 - Kirby McInerney LLP Announces Investigation Against Sezzle Inc. on Behalf of Investors
- Dec -31 - Kirby McInerney LLP Urges Investors in Humacyte, Inc. to Inquire About Their Rights in Class Action Lawsuit
- Dec -27 - Kirby Corporation Announces Date for 2024 Fourth Quarter Earnings Release and Earnings Webcast
- Dec -26 - Kirby McInerney LLP Reminds Enphase Energy, Inc. Investors of Class Action Filing and Encourages Investors to Contact the Firm
- Dec -26 - Kirby McInerney LLP Urges Investors in Symbotic Inc. to Inquire About Their Rights in Class Action Lawsuit
- Dec -25 - Kirby McInerney LLP Reminds Sun Communities, Inc. Investors of Class Action Filing and Encourages Investors to Contact the Firm
- Dec -18 - MQ INVESTOR ALERT: Kirby McInerney LLP Notifies Marqeta, Inc. Investors of Upcoming Lead Plaintiff Deadline in Class Action Lawsuit
- Dec -17 - Kirby McInerney LLP Reminds Rentokil Initial plc Investors of Class Action Filing and Encourages Investors to Contact the Firm
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Marine Transportation
Expected Growth : 6.5 %
What the company do ?
Marine Transportation from Kirby Corporation refers to the inland and coastal transportation of goods and products through barges and towboats along the U.S. inland waterways.
Why we expect these perspectives ?
Kirby Corporation's Marine Transportation segment growth of 6.5% is driven by increasing demand for petrochemical transportation, expansion of inland waterway networks, and rising crude oil production. Additionally, strategic acquisitions, improved operational efficiencies, and a strong balance sheet contribute to the segment's growth.
Segment n°2 -> Distribution and Services
Expected Growth : 7.5 %
What the company do ?
Kirby Corporation's Distribution and Services segment provides logistics services, including the transportation of petrochemicals, crude oil, and refined petroleum products, as well as storage and terminaling services.
Why we expect these perspectives ?
Kirby Corporation's Distribution and Services segment growth of 7.5% is driven by increasing demand for commercial marine transportation, expansion of inland tank barge fleet, and strategic acquisitions. Additionally, growth in oil and gas production, coupled with rising demand for refined products, contributes to the segment's growth.
Kirby Corporation Products
| Product Range | What is it ? |
|---|---|
| Inland Tank Barges | Kirby Corporation designs, builds, and operates inland tank barges that transport petrochemicals, refined petroleum products, and black oil |
| Offshore Dry-Bulk Barges | Kirby Corporation operates offshore dry-bulk barges that transport dry bulk cargoes such as coal, iron ore, and grains |
| Towing Vessels | Kirby Corporation operates towing vessels that provide towing services to the energy, construction, and other industries |
| Ship Docking Services | Kirby Corporation provides ship docking services, including ship repair, maintenance, and conversion |
| Marine Transportation Services | Kirby Corporation provides marine transportation services, including the transportation of cargo and passengers |
| Diesel Engine Services | Kirby Corporation provides diesel engine services, including repair, maintenance, and overhaul |
Kirby Corporation's Porter Forces
Threat Of Substitutes
Kirby Corporation operates in the marine transportation industry, which has a moderate threat of substitutes. While there are alternative modes of transportation, such as trucks and trains, they are not always a viable option for transporting large quantities of goods over long distances.
Bargaining Power Of Customers
Kirby Corporation's customers, primarily oil and gas companies, have limited bargaining power due to the specialized nature of the company's services and the lack of alternative providers.
Bargaining Power Of Suppliers
Kirby Corporation's suppliers, primarily shipbuilders and equipment providers, have a moderate level of bargaining power due to the availability of alternative suppliers and the company's dependence on a few key suppliers.
Threat Of New Entrants
The threat of new entrants in the marine transportation industry is low due to the high barriers to entry, including the need for significant capital investment and regulatory compliance.
Intensity Of Rivalry
The marine transportation industry is highly competitive, with several established players competing for market share. Kirby Corporation faces intense rivalry from companies such as Genesis Energy and American Commercial Lines.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 24.79% |
| Debt Cost | 5.77% |
| Equity Weight | 75.21% |
| Equity Cost | 9.66% |
| WACC | 8.70% |
| Leverage | 32.96% |
Kirby Corporation : Quality Control
Kirby Corporation passed 4 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| FTAI | FTAI Aviation Ltd. owns and acquires infrastructure and related equipment for the transportation of goods and people worldwide. It operates through two segments, Aviation Leasing and Aerospace Products. The Aviation … |
| MSM | MSC Industrial Direct Co., Inc., together with its subsidiaries, distributes metalworking and maintenance, repair, and operations (MRO) products and services in the United States, Canada, Mexico, and the United Kingdom. … |
| R | Ryder System, Inc. operates as a logistics and transportation company worldwide. The company operates through three segments: Fleet Management Solutions (FMS), Supply Chain Solutions (SCS), and Dedicated Transportation Solutions (DTS). … |
| MATX | Matson, Inc., together with its subsidiaries, provides ocean transportation and logistics services. The company's Ocean Transportation segment offers ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska, … |
| FTAIP | Fortress Transportation and Infrastructure Investors LLC owns and acquires infrastructure and related equipment for the transportation of goods and people in Africa, Asia, Europe, North America, and South America. It … |
Peers Metrics
DCF BETA
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Scoring Insights
Peers Group Analysis
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Matson
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Ryder System
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MSC Industrial Direct Co
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FTAI Aviation
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Kirby
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