Kirby Corporation
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $354.6M | $286.7M | $222.9M | $122.3M | $-247.0M | $-272.5M | $142.3M | $78.5M |
| Depreciation & Amortization | $264.1M | $240.3M | $211.2M | $201.4M | $213.7M | $219.9M | $219.6M | $225.0M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $8.7M | $8.6M | $8.1M | $7.6M | $7.8M | $9.2M | $15.0M | $16.8M |
| Stock-Based Compensation | $17.6M | $15.5M | $14.9M | $13.9M | $15.7M | $14.7M | $13.6M | $19.1M |
| Net Cash from Operating Activities | $670.2M | $756.5M | $540.2M | $294.1M | $321.6M | $444.9M | $511.8M | $347.0M |
| Investing Activities | ||||||||
| Capital Expenditures | $264.5M | $342.7M | $401.7M | $172.6M | $98.0M | $148.2M | $248.2M | $301.9M |
| Business Acquisitions | $115.7M | $77.9M | $37.5M | $3.9M | $9.1M | $355.0M | $-262.5M | $533.9M |
| Net Cash from Investing Activities | $-352.2M | $-400.1M | $-413.1M | $-139.6M | $-55.8M | $-485.8M | $-453.0M | $-782.6M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $354.2M | $174.6M | $112.8M | $22.9M | $0 | $0 | $0 | $776.0K |
| Net Cash from Financing Activities | $-313.7M | $-314.5M | $-175.1M | $-108.8M | $-311.3M | $96.5M | $-41.9M | $423.3M |
| Net Change in Cash | $4.3M | $41.9M | $-48.0M | $45.8M | $-45.5M | $55.6M | $16.9M | $-12.3M |
| Free Cash Flow | $405.7M | $413.8M | $138.5M | $121.5M | $223.6M | $296.8M | $263.6M | $45.1M |