← KIRBY CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $141.4m |
$313.2m
+121.48%
|
$78.5m
-74.95%
|
$142.3m
+81.44%
|
($272.5m)
-291.47%
|
($247.0m)
+9.39%
|
$122.3m
+149.52%
|
$222.9m
+82.30%
|
$286.7m
+28.61%
|
$354.6m
+23.67%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | $140.4m |
$311.0m
+121.48%
|
$78.1m
-74.88%
|
$142.0m
+81.72%
|
($272.5m)
-291.96%
|
($247.0m)
+9.39%
|
$122.3m
+149.51%
|
$222.9m
+82.30%
|
$286.7m
+28.62%
|
$354.5m
+23.67%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $142.8m | $313.9m | $79.1m | $143.0m | ($271.6m) | ($246.8m) | $122.8m | $222.9m | $286.9m | $355.4m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $1.4m | $716k | $626k | $672k | $954k | $183k | $470k | ($30k) | $189k | $846k | — | |
| Depreciation, Depletion and Amortization | $200.9m | $202.9m | $225.0m | $219.6m | $219.9m | $213.7m | $201.4m | $211.2m | $240.3m | $264.1m | $273.3m | |
| Amortization of Debt Issuance Costs | $801k | $986k | $1.2m | $1.7m | — | — | — | — | — | — | — | |
| Amortization of Intangible Assets | — | $11.3m | $16.8m | $15.0m | $9.2m | $7.8m | $7.6m | $8.1m | $8.6m | $8.7m | — | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $201.4m | $211.2m | $240.3m | $264.1m | $273.3m | |
| Deferred Income Tax Expense (Benefit) | $51.3m | ($256.3m) | $34.9m | $46.8m | $25.2m | ($44.4m) | $37.8m | $65.3m | $31.4m | $82.5m | $91.1m | |
| Deferred Tax | — | — | — | — | — | — | $37.8m | $65.3m | $31.4m | $82.5m | $91.1m | |
| Share-based Payment Arrangement, Noncash Expense | $11.7m | $11.5m | $19.1m | $13.6m | $14.7m | $15.7m | $13.9m | $14.9m | $15.5m | $17.6m | $18.9m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $1.8m | $2.9m | $4.8m | $2.0m | $3.2m | $2.9m | $3.4m | $3.9m | $5.4m | $6.0m | — | |
| Share-based Payment Arrangement, Expense | $11.7m | $11.5m | $19.1m | $13.6m | $14.7m | $15.7m | $13.9m | $14.9m | $15.5m | $17.6m | $18.9m | |
| Goodwill, Impairment Loss | $0 | $0 | $2.7m | $0 | $388.0m | $219.1m | — | — | — | — | $0 | |
| Asset Impairment Charge | — | — | — | — | — | — | $0 | $0 | $56.3m | $0 | $0 | |
| Income (Loss) from Equity Method Investments | $532k | $291k | $355k | $379k | — | — | — | — | — | — | — | |
| Nonoperating Income (Expense) | ($291k) | ($52k) | — | — | — | — | — | — | — | — | — | |
| Other Nonoperating Income (Expense) | — | — | $5.4m | $3.4m | — | — | — | — | — | — | — | |
| Income (Loss) from Equity Method Investments, Net of Dividends or Distributions | $532k | ($732k) | $355k | ($471k) | — | — | — | — | — | — | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($103.4m) | $4.9m | $93.1m | ($75.9m) | ($55.6m) | |
| Increase (Decrease) in Accounts Receivable | $12.8m | $60.4m | ($12.5m) | ($43.1m) | $124.9m | ($29.1m) | $31.6m | $50.1m | ($40.5m) | ($16.6m) | $16.6m | |
| Change In Receivables | — | — | — | — | — | — | ($31.6m) | ($50.1m) | $40.5m | $16.6m | $16.6m | |
| Increase (Decrease) in Inventories | ($3.2m) | ($19.7m) | $144.7m | ($122.8m) | ($47.1m) | $19.2m | $127.1m | ($7.7m) | ($12.1m) | ($3.9m) | $3.9m | |
| Change In Inventory | — | — | — | — | — | — | ($127.1m) | $7.7m | $12.1m | $3.9m | $3.9m | |
| Increase (Decrease) in Accounts Payable | ($1.7m) | $20.8m | $22.6m | ($57.4m) | ($39.8m) | $16.0m | $76.0m | ($18.3m) | ($11.2m) | ($18.6m) | ($18.6m) | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $83.1m | $85.0m | $59.0m | ($48.0m) | ($18.6m) | |
| Change In Accrued Expense | — | — | — | — | — | — | $5.1m | $31.7m | $46.4m | $21.2m | $21.2m | |
| Increase (Decrease) in Other Operating Assets | $30.9m | $17.0m | $38.1m | $25.5m | $30.0m | $38.3m | $27.8m | $37.7m | $18.5m | $48.4m | — | |
| Change In Other Current Assets | — | — | — | — | — | — | ($27.8m) | ($37.7m) | ($18.5m) | ($48.4m) | ($48.4m) | |
| Net Cash Provided by (Used in) Operating Activities | $414.0m |
$353.4m
-14.65%
|
$347.0m
-1.81%
|
$511.8m
+47.50%
|
$444.9m
-13.07%
|
$321.6m
-27.73%
|
$294.1m
-8.54%
|
$540.2m
+83.67%
|
$756.5m
+40.03%
|
$670.2m
-11.41%
|
$709.7m
+5.89%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | ($127k) | ($4.5m) | $2.0m | $8.2m | $118k | $5.8m | $8.3m | $5.0m | $2.2m | $4.8m | ($4.8m) | |
| Capital Expenditure | $231.1m | $177.2m | $301.9m | $248.2m | $148.2m | $98.0m | ($172.6m) | ($401.7m) | ($342.7m) | ($264.5m) | ($234.1m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $137.1m | $470.1m | $533.9m | $262.5m | $355.0m | ($9.1m) | $3.9m | $37.5m | $77.9m | $115.7m | ($114.3m) | |
| Payments for (Proceeds from) Other Investing Activities | — | — | $250k | $0 | — | — | — | — | — | $3.0m | — | |
| Net Cash Provided by (Used in) Investing Activities | ($349.5m) | ($593.1m) | ($782.6m) | ($453.0m) | ($485.8m) | ($55.8m) | ($139.6m) | ($413.1m) | ($400.1m) | ($352.2m) | ($322.2m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $0 | $13.7m | — | $125.0m | $150.0m | $60.0m | $395.0m | $350.0m | $100.0m | $0 | ($70.0m) | |
| Issuance Of Debt | — | — | — | — | — | — | $311.4m | $288.8m | $0 | $44.1m | ($10.5m) | |
| Long Term Debt Issuance | — | — | — | — | — | — | $311.4m | $288.8m | $0 | $44.1m | ($10.5m) | |
| Long Term Debt Payments | — | — | — | — | — | — | ($395.0m) | ($350.0m) | ($143.8m) | $0 | ($70.0m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($83.6m) | ($61.2m) | ($143.8m) | $44.1m | ($80.5m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($83.6m) | ($61.2m) | ($143.8m) | $44.1m | ($80.5m) | |
| Net Short Term Debt Issuance | — | — | — | — | — | ($248.1m) | $1.4m | $48.8m | — | — | $321.4m | |
| Repayment Of Debt | — | — | — | — | — | — | ($395.0m) | ($350.0m) | ($143.8m) | $0 | ($70.0m) | |
| Payments for Repurchase of Common Stock | $1.8m | $0 | $776k | $0 | $0 | — | $22.9m | $112.8m | $174.6m | $354.2m | — | |
| Common Stock Payments | — | — | — | — | — | — | ($22.9m) | ($112.8m) | ($174.6m) | ($354.2m) | ($333.9m) | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($22.9m) | ($112.8m) | ($174.6m) | ($354.2m) | ($333.9m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($22.9m) | ($112.8m) | ($174.6m) | ($354.2m) | ($333.9m) | |
| Proceeds from (Payments for) Other Financing Activities | — | — | — | — | — | — | — | — | — | ($2.6m) | — | |
| Net Other Financing Charges | — | — | — | — | — | — | ($6.1m) | ($5.3m) | ($5.5m) | ($8.6m) | ($11.4m) | |
| Net Cash Provided by (Used in) Financing Activities | ($64.8m) |
$254.2m
+492.45%
|
$423.3m
+66.54%
|
($41.9m)
-109.89%
|
$96.5m
+330.45%
|
($311.3m)
-422.58%
|
($108.8m)
+65.06%
|
($175.1m)
-60.97%
|
($314.5m)
-79.63%
|
($313.7m)
+0.26%
|
($416.9m)
-32.89%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($251k) | $14.5m | ($12.3m) | $16.9m | $55.6m | ($45.5m) | $45.8m | ($48.0m) | $41.9m | $4.3m | $39.0m | |
| Beginning Cash Position | — | — | — | — | — | — | $34.8m | $80.6m | $32.6m | $74.4m | $68.4m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $24.7m | $80.3m | $34.8m | $80.6m | $32.6m | $74.4m | $78.8m | $39.0m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $19.9m | $21.7m | $40.8m | $55.8m | $48.7m | $40.9m | $42.8m | $49.3m | $49.1m | $46.3m | — | |
| Income Taxes Paid, Net | $18.2m | $27.2m | $640k | $2.9m | ($35.6m) | ($116.6m) | $2.6m | ($65.8m) | $19.6m | $84.0m | — | |
| Additional Financial Items | ||||||||||||
| Gain (Loss) on Disposition of Assets | $127k | $4.5m | ($2.0m) | ($8.2m) | ($118k) | ($5.8m) | ($8.3m) | ($5.0m) | $2.2m | $4.8m | — | |
| Goodwill | $598.1m | $935.1m | $953.8m | $953.8m | $657.8m | $438.7m | $438.7m | $438.7m | $438.7m | $438.7m | $0 | |
| Income Tax Expense (Benefit) | $84.9m | ($240.9m) | $35.1m | $46.8m | ($189.8m) | ($43.8m) | $42.2m | $71.2m | $75.9m | $116.0m | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | $0 | — | — | — | — | — | — | — | — | — | — | |
| Proceeds from Stock Options Exercised | $321k | $3.0m | $13.3m | $5.7m | $353k | $629k | $3.9m | $4.2m | $9.4m | $4.9m | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($108.8m) | ($175.1m) | ($314.5m) | ($313.7m) | ($416.9m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($139.6m) | ($413.1m) | ($400.1m) | ($352.2m) | ($322.2m) | |
| Change In Account Payable | — | — | — | — | — | — | $76.0m | ($18.3m) | ($11.2m) | ($18.6m) | ($18.6m) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | $45.8m | ($48.0m) | $41.9m | $4.3m | — | |
| Change In Income Tax Payable | — | — | — | — | — | — | $2.0m | $71.6m | $23.8m | ($50.6m) | ($50.6m) | |
| Change In Payable | — | — | — | — | — | — | $78.0m | $53.3m | $12.6m | ($69.2m) | ($18.6m) | |
| Change In Tax Payable | — | — | — | — | — | — | $2.0m | $71.6m | $23.8m | ($50.6m) | ($50.6m) | |
| Changes In Cash | — | — | — | — | — | — | $45.8m | ($48.0m) | $41.9m | $4.3m | ($29.4m) | |
| End Cash Position | — | — | — | — | — | — | $80.6m | $32.6m | $74.4m | $78.8m | $39.0m | |
| Financing Cash Flow | — | — | — | — | — | — | ($108.8m) |
($175.1m)
-60.97%
|
($314.5m)
-79.63%
|
($313.7m)
+0.26%
|
($416.9m)
-32.89%
|
|
| Free Cash Flow | — | — | — | — | — | — | $121.5m | $138.5m | $413.8m | $405.7m | $475.6m | |
| Gain Loss On Sale Of PPE | — | — | — | — | — | — | ($8.3m) | ($5.0m) | ($2.2m) | ($4.8m) | ($4.8m) | |
| Investing Cash Flow | — | — | — | — | — | — | ($139.6m) | ($413.1m) | ($400.1m) | ($352.2m) | ($322.2m) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($3.9m) | ($37.5m) | ($77.9m) | ($115.7m) | ($114.3m) | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | $36.9m | $26.1m | $20.4m | $31.0m | $31.0m | |
| Operating Gains Losses | — | — | — | — | — | — | ($8.3m) | ($5.0m) | ($2.2m) | ($4.8m) | ($4.8m) | |
| Other Non Cash Items | — | — | — | — | — | — | $28.7m | $25.6m | $33.0m | $27.8m | — | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | — | $3.9m | $4.2m | $9.4m | $4.9m | $9.0m | |
| Provisionand Write Offof Assets | — | — | — | — | — | — | $1.2m | $402k | $2.2m | $3.5m | $3.5m | |
| Purchase Of Business | — | — | — | — | — | — | ($3.9m) | ($37.5m) | ($77.9m) | ($115.7m) | ($114.3m) | |
| Sale Of PPE | — | — | — | — | — | $51.3m | $36.9m | $26.1m | $20.4m | — | $31.0m | |
| Stock Based Compensation | — | — | — | — | — | — | $13.9m | $14.9m | $15.5m | $17.6m | $18.9m |