Kirby corporation announces 2025 third quarter results

Third quarter 2025 earnings per share of $1.65, up 6% year-over-year inland marine third quarter impacted by lower utility, averaging in the mid-80% range for the quarter with improvement into the 85-90% range expected and already seen in the fourth quarter steady market conditions in coastal marine with operating margins improving to around 20% power generation revenue increased 24% sequentially and 56% year-over-year, helping to drive distribution and services margins to 11% kirby repurchased 1,314,009 shares at an average price of $91.30 for $120.0 million in the third quarter and an additional 428,955 shares at an average price of $84.13 for $36 million so far in the fourth quarter houston, oct. 29, 2025 (globe newswire) -- kirby corporation (“kirby”) (nyse: kex) today announced net earnings attributable to kirby for the third quarter ended september 30, 2025, of $92.5 million or $1.65 per share, compared with earnings of $90.0 million, or $1.55 per share for the 2024 third quarter. consolidated revenues for the 2025 third quarter were $871.2 million compared with $831.1 million reported for the 2024 third quarter.
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