Kirby Corporation (KEX)

Interest coverage

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
Interest expense (ttm) US$ in thousands 45,766 46,426 46,515 49,129 51,583 52,471 51,938 52,008 50,883 49,252 47,606 44,588 42,895 41,640 41,706 42,469 43,595 44,904 46,906 48,739
Interest coverage 9.53 9.28 8.99 8.38 8.78 7.97 7.37 6.66 6.17 5.72 5.11 4.70 4.21 -4.74 -5.30 -5.84 -5.85 2.03 2.16 -8.32

September 30, 2025 calculation

Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $435,949K ÷ $45,766K
= 9.53