Watch for continued margin expansion in marine transportation (high-teens to low-20% inland margins guided) and power generation backlog growth. The raised guidance and strong beat reduce downside risk; any pullback on macro concerns could be a buying opportunity.
Price Chart
Executive Summary
Kirby reported Q1 2026 EPS of $1.50, beating consensus of $1.38 by 8.7%, and revenue of $844.1M, beating estimates of $832.0M. The company raised full-year EPS growth guidance to 5%-15% from 0%-12%, signaling improving market conditions in marine transportation and continued strength in power generation. The filing also included acquisition of 23 barges for $95.8M and share repurchases of $52.7M.
Key Financial Metrics
Key Facts
- Q1 2026 diluted EPS $1.50 vs $1.33 YoY (+12.8%)
- Revenue $844.1M vs $785.7M YoY (+7.4%)
- EPS beat consensus $1.38 by 8.7%
- Revenue beat consensus $832.0M by 1.5%
- Full-year 2026 EPS growth guidance raised to 5%-15% from prior 0%-12%
- Acquired 23 barges and 3 boats for $95.8M
- Returned $52.7M to shareholders via share repurchases at avg $123.18/share
- Amended credit facility extended to 2031, increased revolver to $750M
Financial Impact
EPS beat consensus by $0.12 (8.7%); revenue beat by $12.1M (1.5%); raised guidance implies ~12% YoY EPS growth midpoint
Risk Factors
- Geopolitical tensions and tariff developments could impact demand
- OEM engine supply constraints may delay power generation projects
- Oil and gas segment continues to decline (revenues -25% YoY)
- Higher debt balance ($983M vs $919M) post-acquisition
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 8 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001193125-26-196337 |
| Document: kex-20260427.htm | 0001193125-26-196337 |
| Document: kex-ex10_1.htm | 0001193125-26-196337 |
| Document: kex-ex10_2.htm | 0001193125-26-196337 |
| Document: 0001193125-26-196337-index-headers.html | 0001193125-26-196337 |
| Document: 0001193125-26-196337-index.html | 0001193125-26-196337 |
| Document: 0001193125-26-196337.txt | 0001193125-26-196337 |
| 8-K Data (Synthetic) | 0001193125-26-196337 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 8, 2026 18d ago | 8-K | $138.11 $137.15 | ▼ −0.70% | ▼ −0.42% | $134.63 (−2.52%) |
Sep 28, 2026 28d ago | Press Release | $131.94 $138.50 | ▲ +4.97% | ▲ +3.02% | $134.63 (+2.04%) |
Jul 29, 2026 12w ago | 8-K | $131.07 $131.10 | ▲ +0.02% | ▼ −5.51% | $134.63 (+2.72%) |
May 18, 2026 23w ago | Insider Cluster | $146.62 $143.33 | ▼ −2.24% | ▼ −4.54% | $134.63 (−8.18%) |
May 18, 2026 23w ago | Insider Cluster | $146.62 $143.33 | ▼ −2.24% | ▼ −4.54% | $134.63 (−8.18%) |
Apr 30, 2026 25w ago | 8-K | $150.54 $142.55 | ▼ −5.31% | ▼ −7.04% | $134.63 (−10.57%) |
Mar 6, 2026 33w ago | DEFA14A | $125.81 $124.31 | ▼ −1.19% | ▲ +0.16% | $134.63 (+7.01%) |
Mar 2, 2026 34w ago | Insider Cluster | $132.97 $125.81 | ▲ +5.38% | ▲ +4.18% | $134.63 (−1.25%) |
US Market Status
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