Kirby (KEX) Revenue by Segment

Reveals how different parts of the business contribute to overall sales, highlighting areas of strength and potential vulnerability within the company's operations.

Marine Transportation is now the clear growth engine—healthy inland demand, high barge utilization and sequential spot/term pricing momentum are driving revenue and moving results toward the upper end of guidance. Coastal volumes/margins are being held back temporarily by elevated shipyard activity and fuel-cost pass-through timing. Distribution & Services is recovering, led by a growing Power Generation backlog that should expand aftermarket revenue. Working‑capital normalization and robust operating cash flow are poised to unlock free cash for buybacks and balance‑sheet improvement, tempering near‑term margin noise.