For the quarter ending 2026-03-31, KEX had -$20,761K decrease in cash & cash equivalents over the period. $49,394K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net earnings | 81,326 | 92,029 | 92,738 | 170,648 |
| Depreciation and amortization | 68,238 | 67,853 | 66,873 | 129,400 |
| Provision for doubtful accounts | - | 3,499 | - | - |
| Provision for deferred income taxes | 9,813 | 14,313 | 58,525 | 9,617 |
| Gain on disposition of assets | - | 4,788 | - | - |
| Impairments | - | 0 | - | - |
| Amortization of share-based compensation | 10,143 | 2,996 | 3,420 | 11,147 |
| Amortization of major maintenance costs | 6,703 | 7,144 | 7,719 | 14,635 |
| Other | -782 | -1,794 | 3,632 | -178 |
| Accounts receivable | - | -16,581 | - | - |
| Inventory | - | -3,886 | - | - |
| Other assets | - | 48,369 | - | - |
| Income taxes payable | - | -50,632 | - | - |
| Accounts payable | - | -18,610 | - | - |
| Accrued and other liabilities | - | 21,240 | - | - |
| Decrease in cash flows resulting from changes in operating assets and liabilities, net | -123,919 | - | -1,888 | 205,162 |
| Net cash provided by operating activities | 97,650 | 312,210 | 227,531 | 130,463 |
| Capital expenditures | 48,256 | 47,033 | 67,280 | 150,160 |
| Acquisitions of businesses and marine equipment | 81,400 | 9,266 | 9,200 | 97,250 |
| Proceeds from disposition of assets | 2,708 | 2,675 | 16,754 | 11,580 |
| Other | - | 0 | 0 | 3,000 |
| Net cash used in investing activities | -126,948 | -53,624 | -59,726 | -238,830 |
| Borrowings on bank credit facilities, net | 133,735 | -129,926 | -69,150 | 243,207 |
| Borrowings on long-term debt | - | 0 | - | - |
| Payments on long-term debt | 70,000 | 0 | - | - |
| Payment of debt issuance costs | 132 | 0 | 0 | 0 |
| Proceeds from exercise of stock options | 4,308 | 4,684 | 0 | 262 |
| Payments related to tax withholding for share-based compensation | 6,671 | 4 | 20 | 5,957 |
| Treasury stock purchases | 52,675 | 101,561 | 119,965 | 132,673 |
| Other | -28 | -29 | -28 | -2,533 |
| Net cash provided by financing activities | 8,537 | -226,836 | -189,163 | 102,306 |
| Decrease in cash and cash equivalents | -20,761 | 31,750 | -21,358 | -6,061 |
| Cash and cash equivalents, beginning of year | 78,775 | 47,025 | 74,444 | - |
| Cash and cash equivalents, end of period | 58,014 | 78,775 | 47,025 | - |
KIRBY CORP (KEX)
KIRBY CORP (KEX)