Kirby Corporation
Capital Structure
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in mil. unless spec.Company Description
- CEO
- David W. Grzebinski
- Full Time Employees
- 5,233
- Sector
- Transportation
- Industry
- Marine shipping
- Address
- 55 Waugh Drive Houston TX United States 77007
- IPO Date
- May 22, 1981
- CIK
- 0000056047
- Website
- kirbycorp.com
- Similar Companies
- Business
- Kirby Corporation operates as the largest domestic tank barge operator in the United States, specializing in the transportation of bulk liquid products such as petrochemicals, refined petroleum products, black oil products, and agricultural chemicals. Its Marine Transportation segment provides marine transportation services and towing along the Mississippi River System, the Gulf Intracoastal Waterway, and all three U.S. coasts including operations in the Caribbean and Eastern Canada. The company operates a fleet of inland tank barges with capacities ranging from 10,000 to 185,000 barrels and a range of coastal tugboats. In addition to marine transportation, Kirby’s Distribution and Services segment is a leading nationwide provider and distributor of diesel engines, transmissions, parts, industrial equipment, and oilfield service equipment, including well stimulation units, cementing units, well intervention systems, drive systems, gensets, and railcar movers under brands such as United Engines and S&S. The company serves a broad customer base across oil and gas, marine, on- and off-highway transportation, power generation, mining, construction, and agriculture sectors. Founded in 1921 and headquartered in Houston, Texas, Kirby maintains significant strategic scale with operations concentrated in the U.S. inland waterways and coastal regions. Recent major developments include the acquisition of the Savage Inland Marine inland barge fleet completed in early 2025, enhancing Kirby’s inland marine capacity. The company has also increased capital expenditures considerably in 2025, planning to spend between $280 million and $320 million on fleet maintenance and expansion, including investments in new barges and tugboats to meet strong market demand. Operational improvements and favorable market conditions have supported improved contract pricing and utilization levels in both inland and coastal marine segments. Financially, Kirby reported strong growth in distribution and services revenue, notably a 56% year-over-year increase in power generation revenue in third quarter 2025, alongside strategic share repurchase programs. The company emphasizes safety, environmental stewardship, and customer service while leveraging a young and efficient fleet with recent investments in state-of-the-art articulated tug barges and fuel-efficient tugboats. Kirby's marine transportation business primarily focuses on transporting liquid bulk cargo through the Mississippi River System, Gulf Intracoastal Waterway, and along the Atlantic and Pacific coasts, including major U.S. ports and adjoining areas such as the Caribbean and Eastern Canada. The Distribution and Services segment provides extensive aftermarket service and product support through strategically located facilities near major oil and gas basins and transportation corridors across the U.S. The company targets blue-chip industrial and energy customers requiring reliable, large-scale marine logistics and diesel power solutions. Kirby’s geographic operational footprint is primarily domestic but extends its products and services internationally, including Central and South America, Europe, the Middle East, and Russia, through its Distribution and Services segment. Overall, Kirby Corporation combines marine transportation of liquid bulk commodities with a comprehensive distribution and services portfolio centered on diesel engines, industrial equipment, and oilfield service technologies. Its strategic investments, recent acquisitions, and operational initiatives position it strongly within the U.S. inland and coastal marine transportation industry as well as the diesel engine and equipment distribution markets. This description reflects Kirby’s core products, services, geographic focus, and recent major developments including fleet expansion, acquisitions, and financial performance reported in 2025.
Company News
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HONA Investors: Honeywell Aerospace Inc. Shares Declined By $47.17 on August 6, 2026 -- Contact Kirby McInerney LLP to Discuss Your Rights
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Enova International, Inc. Investigation Continues: Investors May Contact Kirby McInerney LLP, a Securities Fraud Law Firm, If You Lost Money On Your ENVA Investments
York Space Systems Inc. YSS Investors with Significant Losses Encouraged to Contact Kirby McInerney LLP About Securities Class Action