Kirby Corporation (KEX)
Return on total capital
| Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 435,949 | 431,052 | 417,980 | 411,892 | 452,821 | 418,054 | 383,032 | 346,133 | 314,142 | 281,742 | 243,454 | 209,563 | 180,446 | -197,360 | -221,085 | -248,132 | -254,852 | 91,325 | 101,316 | -405,509 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 3,361,180 | 3,388,070 | 3,326,040 | 3,351,810 | 3,302,330 | 3,261,460 | 3,215,650 | 3,185,430 | 3,156,890 | 3,110,640 | 3,082,930 | 3,042,880 | 2,973,060 | 2,927,390 | 2,909,460 | 2,886,320 | 2,843,750 | 3,101,690 | 3,085,270 | 3,084,310 |
| Return on total capital | 12.97% | 12.72% | 12.57% | 12.29% | 13.71% | 12.82% | 11.91% | 10.87% | 9.95% | 9.06% | 7.90% | 6.89% | 6.07% | -6.74% | -7.60% | -8.60% | -8.96% | 2.94% | 3.28% | -13.15% |
September 30, 2025 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $435,949K ÷ ($—K + $3,361,180K)
= 12.97%