Every material Form 8-K Kirby filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Kirby reported third quarter 2025 net earnings attributable to Kirby of $92.5 million, or $1.65 per diluted share, up from $1.55 a year earlier, on revenue of $871.2 million versus $831.1 million. Marine transportation operating income fell to $88.6 million, while distribution and services operating income rose to $42.7 million, and the company repurchased $120.0 million of stock in the quarter.
Diluted EPS of $1.65 versus $1.55 in the 2024 third quarter; revenue of $871.2 million versus $831.1 million
Marine transportation operating income of $88.6 million versus $99.5 million, with operating margin of 18.3% versus 20.5%
Distribution and services revenue of $386.2 million versus $345.1 million, with power generation revenue up 56% year-over-year
Kirby repurchased shares for $120.0 million in the third quarter and $36 million so far in the fourth quarter; full-year 2025 operating cash flow expected at $620 million to $720 million
Kirby reported second-quarter 2025 diluted earnings per share of $1.67, up from $1.43 a year earlier, on revenue of $855.5 million, up from $824.4 million. Management said that if current softness in trade flows and demand persists, 2025 EPS growth will likely be closer to the low end of the prior 15% to 25% range, which matters to shareholders because it signals weaker expected profit growth for the rest of the year.
Q2 2025 net earnings attributable to Kirby were $94.3 million, or $1.67 per diluted share, versus $83.9 million, or $1.43, in Q2 2024
Q2 2025 revenue was $855.5 million, versus $824.4 million; free cash flow was $22.5 million, versus $90.7 million
If current softness persists, 2025 EPS growth will likely be closer to the lower end of the prior 15% to 25% guidance
Total debt rose to $1,117.8 million at June 30, 2025, from $874.9 million at December 31, 2024
Kirby reported first-quarter 2025 net earnings attributable to Kirby of $76.0 million, or $1.33 per diluted share, up from $1.19 a year earlier, while consolidated revenue fell to $785.7 million from $808.0 million. The company cited improved marine market conditions but said weather and lock delays rose sharply, and it expects earnings and free cash flow to strengthen as 2025 progresses. Shareholders also elected three directors, ratified KPMG LLP as auditor, and approved executive compensation at the April 29, 2025 annual meeting.
Net earnings attributable to Kirby were $76.0 million, or $1.33 per diluted share, versus $70.1 million, or $1.19 per share, in the first quarter of 2024.
Consolidated revenues were $785.7 million, compared with $808.0 million in the first quarter of 2024.
Kirby repurchased $124.7 million of stock year-to-date through April 30, 2025, and expects to use most free cash flow for buybacks absent meaningful acquisitions.
At the April 29, 2025 annual meeting, shareholders elected Anne-Marie N. Ainsworth, William M. Waterman and Shawn D. Williams as Class III directors.
Kirby reported fourth quarter 2024 results. GAAP net earnings attributable to Kirby fell to $42.8 million, or $0.74 per share, from $61.9 million, or $1.04 per share, a year earlier, after a $56.3 million non-cash impairment charge. Excluding one-time items, adjusted earnings were $74.9 million, or $1.29 per share, and revenues rose slightly to $802.3 million, and the company expects 2025 earnings per share growth of 15% to 25%.
Q4 2024 GAAP EPS $0.74 vs. $1.04 in Q4 2023; adjusted EPS $1.29, up 24% year over year
Q4 revenues $802.3 million vs. $799.2 million in Q4 2023
$56.3 million non-cash impairment in Distribution and Services, mainly conventional diesel fracturing equipment inventory
2025 outlook: earnings per share growth of 15% to 25% year over year; operating cash flow of $620 million to $720 million
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Kirby filing is on SEC EDGAR ↗. 8-K briefs of other companies →