Kirby Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	3,364	3,266	3,092	2,785	2,247
Revenue Growth (YoY)	3.01%	5.64%	11.02%	23.95%	3.47%
Cost of Revenue	2,217	2,257	2,180	2,061	1,653
Gross Profit	1,148	1,009	911.22	723.81	593.7
Selling, General & Admin	338.11	326.9	330.41	288.79	258.71
Other Operating Expenses	35.62	34.91	34.77	35.07	36.16
Operating Expenses	637.85	602.13	576.34	525.31	508.59
Operating Income	509.7	407.09	334.88	198.51	85.11
Interest Expense	-46.33	-49.13	-52.01	-44.59	-42.47
Other Non Operating Income (Expenses)	3.26	2.6	6.24	2.78	1.8
EBT Excluding Unusual Items	466.62	360.56	289.12	156.7	44.44
Impairment of Goodwill	-	-	-	-	-219.1
Gain (Loss) on Sale of Assets	4.79	2.21	5.01	8.28	5.76
Asset Writedown	-	-	-	-	-121.7
Pretax Income	471.41	362.76	294.13	164.98	-290.6
Income Tax Expense	116	75.87	71.22	42.21	-43.83
Earnings From Continuing Operations	355.42	286.9	222.91	122.76	-246.77
Minority Interest in Earnings	-0.85	-0.19	0.03	-0.47	-0.18
Net Income	354.57	286.71	222.94	122.29	-246.95
Preferred Dividends & Other Adjustments	0.05	0.04	0.06	0.03	-
Net Income to Common	354.52	286.67	222.87	122.26	-246.95
Net Income Growth	23.67%	28.61%	82.30%	-	-
Shares Outstanding (Basic)	56	58	60	60	60
Shares Outstanding (Diluted)	56	58	60	60	60
Shares Change (YoY)	-3.96%	-2.51%	-0.78%	0.46%	0.24%
EPS (Basic)	6.37	4.95	3.74	2.04	-4.11
EPS (Diluted)	6.33	4.91	3.72	2.03	-4.11
EPS Growth	28.77%	31.94%	83.42%	-	-
Free Cash Flow	405.73	413.83	138.5	121.52	223.56
Free Cash Flow Per Share	7.24	7.09	2.31	2.01	3.72
Gross Margin	34.11%	30.90%	29.47%	25.99%	26.43%
Operating Margin	15.15%	12.46%	10.83%	7.13%	3.79%
Profit Margin	10.54%	8.78%	7.21%	4.39%	-10.99%
Free Cash Flow Margin	12.06%	12.67%	4.48%	4.36%	9.95%
EBITDA	773.82	647.41	546.04	399.95	298.82
EBITDA Margin	23.00%	19.82%	17.66%	14.36%	13.30%
D&A For EBITDA	264.13	240.32	211.16	201.44	213.72
EBIT	509.7	407.09	334.88	198.51	85.11
EBIT Margin	15.15%	12.46%	10.83%	7.13%	3.79%
Effective Tax Rate	24.61%	20.91%	24.21%	25.59%	-
Revenue as Reported	3,364	3,266	3,092	2,785	2,247

Source: S&P Global Market Intelligence. Standard template. Financial Sources.