Kirby Corporation (KEX) — Cash Flow Reinvestment Rate

Latest as of December 2025: 0.15x

Kirby Corporation (KEX) has a Cash Flow Reinvestment Rate of 0.15x as of December 2025, reinvesting $47.03 Million (capex $47.03 Million ) from operating cash flow of $312.21 Million. See Kirby Corporation free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.15x
(Capex + Investments) / Operating CF

Total Reinvested

$47.03 Million
Capex + Investments

Operating Cash Flow

$312.21 Million
USD

Capital Expenditures

$47.03 Million
USD

Kirby Corporation Cash Flow Reinvestment Rate (1989–2025)

Historical reinvestment intensity for Kirby Corporation across 37 annual periods. For the full cash flow conversion analysis, see Kirby Corporation cash flow conversion.

Annual Cash Flow Reinvestment Rate for Kirby Corporation (1989–2025)

Year-by-year capital reinvestment analysis for Kirby Corporation. See financial agility of Kirby Corporation to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.39x $264.47 Million $670.20 Million $264.47 Million ▼ -59.8%
2024 0.98x $742.79 Million $756.49 Million $342.66 Million ▼ -34.9%
2023 1.51x $814.88 Million $540.23 Million $401.73 Million ▲ +42.1%
2022 1.06x $312.21 Million $294.13 Million $172.61 Million ▲ +121.9%
2021 0.48x $153.80 Million $321.58 Million $98.02 Million ▼ -66.4%
2020 1.42x $634.03 Million $444.94 Million $148.19 Million ▲ +4.0%
2019 1.37x $701.16 Million $511.81 Million $248.16 Million ▼ -56.2%
2018 3.13x $1.08 Billion $347.00 Million $301.86 Million ▲ +43.4%
2017 2.18x $770.32 Million $353.38 Million $177.22 Million ▲ +56.1%
2016 1.40x $580.59 Million $415.79 Million $231.07 Million ▲ +110.7%
2015 0.66x $345.48 Million $521.30 Million $345.48 Million ▼ -18.1%
2014 0.81x $355.14 Million $438.91 Million $355.14 Million ▲ +92.1%
2013 0.42x $253.23 Million $601.03 Million $253.23 Million ▼ -56.0%
2012 0.96x $312.17 Million $325.73 Million $312.17 Million ▲ +24.0%
2011 0.77x $241.04 Million $312.00 Million $226.24 Million ▲ +38.5%
2010 0.56x $136.84 Million $245.25 Million $136.84 Million ▼ -7.4%
2009 0.60x $192.66 Million $319.88 Million $192.66 Million ▼ -14.4%
2008 0.70x $173.02 Million $245.95 Million $173.02 Million ▲ +1.1%
2007 0.70x $164.08 Million $235.75 Million $164.08 Million ▼ -24.8%
2006 0.93x $139.13 Million $150.36 Million $139.13 Million ▲ +7.4%
2005 0.86x $122.28 Million $141.98 Million $122.28 Million ▲ +16.6%
2004 0.74x $93.60 Million $126.75 Million $93.60 Million ▲ +14.5%
2003 0.64x $72.36 Million $112.23 Million $72.36 Million ▼ -2.0%
2002 0.66x $47.71 Million $72.55 Million $47.71 Million ▲ +7.8%
2001 0.61x $59.16 Million $96.94 Million $59.16 Million ▲ +6.6%
2000 0.57x $47.68 Million $83.30 Million $47.68 Million ▲ +225.7%
1999 0.18x $12.72 Million $72.37 Million $12.72 Million ▼ -77.3%
1998 0.77x $27.45 Million $35.45 Million $27.45 Million ▲ +100.6%
1997 0.39x $24.51 Million $63.50 Million $24.51 Million ▼ -33.5%
1996 0.58x $37.16 Million $64.07 Million $37.16 Million ▼ -4.3%
1995 0.61x $49.50 Million $81.68 Million $49.50 Million ▼ -78.7%
1994 2.84x $109.03 Million $38.37 Million $109.03 Million ▲ +173.5%
1993 1.04x $64.00 Million $61.60 Million $64.00 Million ▼ -63.4%
1992 2.84x $109.00 Million $38.40 Million $109.00 Million ▲ +107.2%
1991 1.37x $36.30 Million $26.50 Million $36.30 Million ▲ +7844.9%
1990 0.02x $500.00K $29.00 Million $500.00K ▼ -99.5%
1989 3.70x $57.40 Million $15.50 Million $57.40 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow