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Kirby Corporation — Third Quarter 2026 Earnings Summary

  • Net earnings rose 27% year-over-year to $110.8 million ($2.09 per share), while total revenues increased to $977.2 million and EBITDA reached $229.7 million.
  • Full-year EPS growth guidance was narrowed to 10%–15% (expecting the upper end), with net cash from operations forecast at $575–$675 million and capital spending at $220–$260 million.
  • The company acquired inland marine assets for $115 million (closing Q4 2026) and returned $112 million to shareholders via share repurchases in the quarter.
  • Marine transportation revenues grew 17% and operating margins expanded to 20%, though rising fuel costs and planned shipyard activity are expected to pressure Q4 coastal margins.
Company
KIRBY CORP
Sector
Industrials
Industry
Marine Shipping