Kirby Corporation (KEX) — Financial Flexibility Index

Latest as of September 2025: 0.11x

Kirby Corporation (KEX) has a Financial Flexibility Index of 0.11x as of September 2025. Free cash flow of $294.81 Million (operating CF $227.53 Million minus capex $67.28 Million) represents 0% of total liabilities ($2.70 Billion). Check Kirby Corporation strategic asset allocation index to assess the company's strategic physical and investment asset allocation.

Financial Flexibility Index

0.11x
Free Cash Flow / Total Liabilities

Free Cash Flow

$294.81 Million
Operating CF − Capex

Total Liabilities

$2.70 Billion
USD

Capital Expenditures

$67.28 Million
USD

Kirby Corporation Financial Flexibility Index (1989–2025)

Historical Financial Flexibility Index trend for Kirby Corporation across 37 annual periods. See KEX working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Annual Financial Flexibility Index for Kirby Corporation (1989–2025)

Year-by-year free cash flow to debt coverage for Kirby Corporation. For the full company profile including market capitalisation, see Kirby Corporation market cap and net worth.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.35x $934.68 Million $670.20 Million $2.65 Billion ▼ -19.9%
2024 0.44x $1.10 Billion $756.49 Million $2.50 Billion ▲ +18.4%
2023 0.37x $941.96 Million $540.23 Million $2.54 Billion ▲ +99.8%
2022 0.19x $466.73 Million $294.13 Million $2.51 Billion ▲ +11.3%
2021 0.17x $419.59 Million $321.58 Million $2.51 Billion ▼ -20.1%
2020 0.21x $593.12 Million $444.94 Million $2.84 Billion ▼ -25.5%
2019 0.28x $759.98 Million $511.81 Million $2.71 Billion ▲ +14.9%
2018 0.24x $648.86 Million $347.00 Million $2.66 Billion ▼ -7.3%
2017 0.26x $530.60 Million $353.38 Million $2.01 Billion ▼ -23.0%
2016 0.34x $646.86 Million $415.79 Million $1.89 Billion ▼ -25.9%
2015 0.46x $866.78 Million $521.30 Million $1.88 Billion ▲ +9.2%
2014 0.42x $794.05 Million $438.91 Million $1.88 Billion ▼ -17.8%
2013 0.51x $854.26 Million $601.03 Million $1.66 Billion ▲ +57.0%
2012 0.33x $637.90 Million $325.73 Million $1.95 Billion ▼ -8.3%
2011 0.36x $538.23 Million $312.00 Million $1.51 Billion ▼ -40.5%
2010 0.60x $382.09 Million $245.25 Million $635.80 Million ▼ -32.0%
2009 0.88x $512.54 Million $319.88 Million $579.87 Million ▲ +44.0%
2008 0.61x $418.97 Million $245.95 Million $682.79 Million ▲ +5.6%
2007 0.58x $399.83 Million $235.75 Million $688.17 Million ▲ +32.6%
2006 0.44x $289.49 Million $150.36 Million $660.72 Million ▼ -17.5%
2005 0.53x $264.26 Million $141.98 Million $497.82 Million ▲ +15.8%
2004 0.46x $220.35 Million $126.75 Million $480.50 Million ▲ +19.2%
2003 0.38x $184.59 Million $112.23 Million $479.90 Million ▲ +49.0%
2002 0.26x $120.26 Million $72.55 Million $465.76 Million ▼ -44.8%
2001 0.47x $156.10 Million $96.94 Million $333.64 Million ▲ +71.7%
2000 0.27x $130.99 Million $83.30 Million $480.58 Million ▲ +29.3%
1999 0.21x $85.09 Million $72.37 Million $403.56 Million ▼ -72.9%
1998 0.78x $62.89 Million $35.45 Million $80.69 Million ▲ +93.4%
1997 0.40x $88.01 Million $63.50 Million $218.34 Million ▲ +26.9%
1996 0.32x $101.23 Million $64.07 Million $318.78 Million ▼ -29.1%
1995 0.45x $131.18 Million $81.68 Million $292.75 Million ▲ +29.8%
1994 0.35x $147.40 Million $38.37 Million $427.07 Million ▼ -13.6%
1993 0.40x $125.60 Million $61.60 Million $314.40 Million ▼ -14.8%
1992 0.47x $147.40 Million $38.40 Million $314.50 Million ▲ +30.2%
1991 0.36x $62.80 Million $26.50 Million $174.40 Million ▲ +91.2%
1990 0.19x $29.50 Million $29.00 Million $156.60 Million ▼ -58.9%
1989 0.46x $72.90 Million $15.50 Million $159.10 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities