← KIRBY CORP

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income From Continuing Operations — — — — — — $122.8m $222.9m $286.9m $355.4m
Net Income (Loss) Attributable to Parent $141.4m $313.2m $78.5m $142.3m ($272.5m) ($247.0m) $122.3m $222.9m $286.7m $354.6m
Net Income (Loss) Available to Common Stockholders, Basic $140.4m $311.0m $78.1m $142.0m ($272.5m) ($247.0m) $122.3m $222.9m $286.7m $354.5m
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $142.8m $313.9m $79.1m $143.0m ($271.6m) ($246.8m) $122.8m $222.9m $286.9m $355.4m
Net Income (Loss) Attributable to Noncontrolling Interest $1.4m $716k $626k $672k $954k $183k $470k ($30k) $189k $846k
Depreciation, Depletion and Amortization $200.9m $202.9m $225.0m $219.6m $219.9m $213.7m $201.4m $211.2m $240.3m $264.1m
Amortization of Debt Issuance Costs $801k $986k $1.2m $1.7m — — — — — —
Amortization of Intangible Assets — $11.3m $16.8m $15.0m $9.2m $7.8m $7.6m $8.1m $8.6m $8.7m
Depreciation Amortization Depletion — — — — — — $201.4m $211.2m $240.3m $264.1m
Deferred Income Tax Expense (Benefit) $51.3m ($256.3m) $34.9m $46.8m $25.2m ($44.4m) $37.8m $65.3m $31.4m $82.5m
Deferred Income Tax — — — — — — $37.8m $65.3m $31.4m $82.5m
Deferred Tax — — — — — — $37.8m $65.3m $31.4m $82.5m
Share-based Payment Arrangement, Noncash Expense $11.7m $11.5m $19.1m $13.6m $14.7m $15.7m $13.9m $14.9m $15.5m $17.6m
Payment, Tax Withholding, Share-based Payment Arrangement $1.8m $2.9m $4.8m $2.0m $3.2m $2.9m $3.4m $3.9m $5.4m $6.0m
Share-based Payment Arrangement, Expense $11.7m $11.5m $19.1m $13.6m $14.7m $15.7m $13.9m $14.9m $15.5m $17.6m
Goodwill, Impairment Loss $0 $0 $2.7m $0 $388.0m $219.1m — — — —
Asset Impairment Charge — — — — — — $0 $0 $56.3m $0
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property ($127k) ($4.5m) $2.0m $8.2m $118k $5.8m $8.3m $5.0m $2.2m $4.8m
Gain (Loss) on Disposition of Assets $127k $4.5m ($2.0m) ($8.2m) ($118k) ($5.8m) ($8.3m) ($5.0m) $2.2m $4.8m
Income (Loss) from Equity Method Investments $532k $291k $355k $379k — — — — — —
Income Tax Expense (Benefit) $84.9m ($240.9m) $35.1m $46.8m ($189.8m) ($43.8m) $42.2m $71.2m $75.9m $116.0m
Other Nonoperating Income (Expense) — — $5.4m $3.4m — — — — — —
Income (Loss) from Equity Method Investments, Net of Dividends or Distributions $532k ($732k) $355k ($471k) — — — — — —
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable $12.8m $60.4m ($12.5m) ($43.1m) $124.9m ($29.1m) $31.6m $50.1m ($40.5m) ($16.6m)
Increase (Decrease) in Inventories ($3.2m) ($19.7m) $144.7m ($122.8m) ($47.1m) $19.2m $127.1m ($7.7m) ($12.1m) ($3.9m)
Increase (Decrease) in Accounts Payable ($1.7m) $20.8m $22.6m ($57.4m) ($39.8m) $16.0m $76.0m ($18.3m) ($11.2m) ($18.6m)
Increase (Decrease) in Other Operating Assets $30.9m $17.0m $38.1m $25.5m $30.0m $38.3m $27.8m $37.7m $18.5m $48.4m
Goodwill $598.1m $935.1m $953.8m $953.8m $657.8m $438.7m $438.7m $438.7m $438.7m $438.7m
Nonoperating Income (Expense) ($291k) ($52k) — — — — — — — —
Proceeds from Stock Options Exercised $321k $3.0m $13.3m $5.7m $353k $629k $3.9m $4.2m $9.4m $4.9m
Beginning Cash Position — — — — — — $34.8m $80.6m $32.6m $74.4m
Cash Flow From Continuing Financing Activities — — — — — — ($108.8m) ($175.1m) ($314.5m) ($313.7m)
Cash Flow From Continuing Investing Activities — — — — — — ($139.6m) ($413.1m) ($400.1m) ($352.2m)
Change In Account Payable — — — — — — $76.0m ($18.3m) ($11.2m) ($18.6m)
Change In Accrued Expense — — — — — — $5.1m $31.7m $46.4m $21.2m
Change In Income Tax Payable — — — — — — $2.0m $71.6m $23.8m ($50.6m)
Change In Inventory — — — — — — ($127.1m) $7.7m $12.1m $3.9m
Change In Other Current Assets — — — — — — ($27.8m) ($37.7m) ($18.5m) ($48.4m)
Change In Payable — — — — — — $78.0m $53.3m $12.6m ($69.2m)
Change In Payables And Accrued Expense — — — — — — $83.1m $85.0m $59.0m ($48.0m)
Change In Receivables — — — — — — ($31.6m) ($50.1m) $40.5m $16.6m
Change In Tax Payable — — — — — — $2.0m $71.6m $23.8m ($50.6m)
Change In Working Capital — — — — — — ($103.4m) $4.9m $93.1m ($75.9m)
Changes In Cash — — — — — — $45.8m ($48.0m) $41.9m $4.3m
End Cash Position — — — — — — $80.6m $32.6m $74.4m $78.8m
Financing Cash Flow — — — — — — ($108.8m) ($175.1m) ($314.5m) ($313.7m)
Free Cash Flow — — — — — — $121.5m $138.5m $413.8m $405.7m
Gain Loss On Sale Of PPE — — — — — — ($8.3m) ($5.0m) ($2.2m) ($4.8m)
Investing Cash Flow — — — — — — ($139.6m) ($413.1m) ($400.1m) ($352.2m)
Net Business Purchase And Sale — — — — — — ($3.9m) ($37.5m) ($77.9m) ($115.7m)
Net PPE Purchase And Sale — — — — — — $36.9m $26.1m $20.4m $31.0m
Operating Gains Losses — — — — — — ($8.3m) ($5.0m) ($2.2m) ($4.8m)
Other Non Cash Items — — — — — — $28.7m $25.6m $33.0m $27.8m
Proceeds From Stock Option Exercised — — — — — — $3.9m $4.2m $9.4m $4.9m
Provisionand Write Offof Assets — — — — — — $1.2m $402k $2.2m $3.5m
Purchase Of Business — — — — — — ($3.9m) ($37.5m) ($77.9m) ($115.7m)
Repurchase Of Capital Stock — — — — — — ($22.9m) ($112.8m) ($174.6m) ($354.2m)
Sale Of PPE — — — — — $51.3m $36.9m $26.1m $20.4m —
Stock Based Compensation — — — — — — $13.9m $14.9m $15.5m $17.6m
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax $0 — — — — — — — — —
Net Cash Provided by (Used in) Operating Activities $414.0m $353.4m $347.0m $511.8m $444.9m $321.6m $294.1m $540.2m $756.5m $670.2m
Cash flows from investing activities:
Capital Expenditure — — — — — — ($172.6m) ($401.7m) ($342.7m) ($264.5m)
Capital Expenditure Reported $231.1m $177.2m $301.9m $248.2m $148.2m $98.0m ($172.6m) ($401.7m) ($342.7m) ($264.5m)
Payments to Acquire Businesses, Net of Cash Acquired $137.1m $470.1m $533.9m $262.5m $355.0m ($9.1m) $3.9m $37.5m $77.9m $115.7m
Payments for (Proceeds from) Other Investing Activities — — $250k $0 — — — — — $3.0m
Net Cash Provided by (Used in) Investing Activities ($349.5m) ($593.1m) ($782.6m) ($453.0m) ($485.8m) ($55.8m) ($139.6m) ($413.1m) ($400.1m) ($352.2m)
Cash flows from financing activities:
Issuance Of Debt — — — — — — $311.4m $288.8m $0 $44.1m
Long Term Debt Issuance — — — — — — $311.4m $288.8m $0 $44.1m
Net Issuance Payments Of Debt — — — — — — ($83.6m) ($61.2m) ($143.8m) $44.1m
Net Long Term Debt Issuance — — — — — — ($83.6m) ($61.2m) ($143.8m) $44.1m
Net Short Term Debt Issuance — — — — — ($248.1m) $1.4m $48.8m — —
Repayments of Long-term Debt $0 $13.7m — $125.0m $150.0m $60.0m $395.0m $350.0m $100.0m $0
Long Term Debt Payments — — — — — — ($395.0m) ($350.0m) ($143.8m) $0
Repayment Of Debt — — — — — — ($395.0m) ($350.0m) ($143.8m) $0
Net Common Stock Issuance — — — — — — ($22.9m) ($112.8m) ($174.6m) ($354.2m)
Payments for Repurchase of Common Stock $1.8m $0 $776k $0 $0 — $22.9m $112.8m $174.6m $354.2m
Common Stock Payments — — — — — — ($22.9m) ($112.8m) ($174.6m) ($354.2m)
Proceeds from (Payments for) Other Financing Activities — — — — — — — — — ($2.6m)
Net Other Financing Charges — — — — — — ($6.1m) ($5.3m) ($5.5m) ($8.6m)
Net Cash Provided by (Used in) Financing Activities ($64.8m) $254.2m $423.3m ($41.9m) $96.5m ($311.3m) ($108.8m) ($175.1m) ($314.5m) ($313.7m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect ($251k) $14.5m ($12.3m) $16.9m $55.6m ($45.5m) $45.8m ($48.0m) $41.9m $4.3m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — $24.7m $80.3m $34.8m $80.6m $32.6m $74.4m $78.8m
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — $45.8m ($48.0m) $41.9m $4.3m
Interest Paid, Excluding Capitalized Interest, Operating Activities $19.9m $21.7m $40.8m $55.8m $48.7m $40.9m $42.8m $49.3m $49.1m $46.3m
Income Taxes Paid, Net $18.2m $27.2m $640k $2.9m ($35.6m) ($116.6m) $2.6m ($65.8m) $19.6m $84.0m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.