Kirby (KEX) ROA %: 5.36% (As of Mar. 2026) — 87% Above Median


KEX Kirby Corp KEX
83 GF Score
Price $137.13
GF Value $119.13
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Kirby ROA %?

Kirby KEX -0.80% 83 ROA % is 5.36% as of Mar. 2026, which is 87% above its 10-year median of 2.87. GuruFocus rates KEX with a GF Score™ of 83/100 and a GF Value™ of $119.13 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,015 Transportation companies, Kirby ranks better than 70.25% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Kirby's annualized Net Income for the quarter that ended in Mar. 2026 was $325 Mil. Kirby's average Total Assets over the quarter that ended in Mar. 2026 was $6,064 Mil. Therefore, Kirby's annualized ROA % for the quarter that ended in Mar. 2026 was 5.36%.

The historical rank and industry rank for Kirby's ROA % or its related term are showing as below:

KEX' s ROA % Range Over the Past 10 Years
Min: -4.54   Med: 2.87   Max: 6.65
Current: 5.94

During the past 13 years, Kirby's highest ROA % was 6.65%. The lowest was -4.54%. And the median was 2.87%.

KEX's ROA % is ranked better than
70.25% of 1015 companies
in the Transportation industry
Industry Median: 3.46 vs KEX: 5.94

Kirby  (NYSE:KEX) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=324.788/6063.624
=(Net Income / Revenue)*(Revenue / Total Assets)
=(324.788 / 3376.396)*(3376.396 / 6063.624)
=Net Margin %*Asset Turnover
=9.62 %*0.5568
=5.36 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Kirby ROA % Related Terms


Kirby ROA % Historical Data

* Premium members only.

The historical data trend for Kirby's ROA % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Kirby ROA % Chart

Kirby Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.36 2.23 3.95 4.95 5.98

Kirby Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.12 6.24 6.09 6.08 5.36

KEX vs MATX, SBLK, ZIM: ROA % Comparison

For the Marine Shipping subindustry, Kirby's ROA %, along with its competitors' market caps and ROA % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kirby ROA % vs Transportation Industry

For the Transportation industry and Industrials sector, Kirby's ROA % distribution charts can be found below:

* The bar in red indicates where Kirby's ROA % falls into.


KEX
83GF Score
Kirby Corp KEX
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kirby ROA % Calculation

Kirby's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=354.569/( (5851.952+6008.045)/ 2 )
=354.569/5929.9985
=5.98 %

Kirby's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=324.788/( (6008.045+6119.203)/ 2 )
=324.788/6063.624
=5.36 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2026) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 5.36% mean?
Kirby (KEX) has a ROA % of 5.36% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Kirby and its competitors. This is 87% above median its historical median of 2.87. According to the industry distribution chart, Kirby ranks #302 out of 1015 companies in the Transportation industry, placing it in the top 29.8%.
Is Kirby's ROA % too high?
Kirby's current ROA % of 5.36% is 87% above median its 10-year median of 2.87. The Transportation industry median ROA % is 3.46. Kirby's value of 5.36% is 54.9% above this industry median. Based on the distribution chart, Kirby ranks #302 out of 1015 companies in the Transportation industry, which is above the industry midpoint. Overall, Kirby has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kirby's ROA % compare to MATX and SBLK?
According to the Transportation industry distribution chart, Kirby ranks #302 out of 1015 companies for ROA %. This puts Kirby in the upper half of its industry. The industry median ROA % is 3.46. Kirby's value of 5.36% is 54.9% above this benchmark. While the company's 10-year median is 2.87 vs. the industry median of 3.46, Kirby has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Transportation company?
The median ROA % among Transportation companies is 3.46, based on 1,015 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kirby's current ROA % of 5.36% is 54.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Kirby and its competitors. For the Transportation industry, the median ROA % is 3.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kirby's current ROA % is 5.36%, which is 87% above median its own 10-year median of 2.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kirby stock overvalued right now?
Based on GuruFocus' analysis, Kirby (KEX) is currently considered Modestly Overvalued. The stock's GF Value™ is $119.13, compared to a current price of $137.13 — trading 15.1% above its estimated fair value. The current ROA % is 5.36%, which is 87% above median its 10-year median of 2.87 and 54.9% above the Transportation industry median of 3.46. Kirby's overall GF Score™ is 83/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Kirby (KEX), the current ROA % is 5.36% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Kirby (KEX) Overvalued in 2026?

Based on GuruFocus' analysis, Kirby stock appears to be overvalued. The current stock price of $137.13 is trading 15.1% above its estimated GF Value™ of $119.13. GuruFocus considers Kirby to be Modestly Overvalued.

Key valuation signals for KEX:

  • ROA %: 5.36% (87% above median its 10-year median of 2.87)
  • GF Value™: $119.13 vs. price of $137.13 (15.1% above fair value)
  • GF Score™: 83/100 with 6 warning signs
  • Industry Position: 54.9% above the Transportation median (#302 of 1015)

No single metric tells the full story. See the KEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kirby Business Description

Other Exchanges KIY:Germany
Address 55 Waugh Drive, Suite 1000, Houston, TX, USA, 77007
Kirby Corp is a domestic tank barge operator, transporting bulk liquid products throughout three United States coasts. The Company transports petrochemicals, liquid cargoes, inland waterway systems, and dry bulk cargoes. The Company conducts operations in two reportable business segments: The Marine transportation segment which provides marine transportation services, operating tank barges and towing vessels transporting bulk liquid products, and the Distribution and services segment, which provides after-market service, and genuine replacement parts for engines, transmissions, reduction gears, and power generation equipment used in oil and gas and commercial and industrial applications. The company's majority revenue is generated from the Marine Transportation segment.
83GF Score

Get the complete analysis for KEX

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$137.13
Price
$119.13
GF Value