Kirby (KEX) ROCE %: 8.59% (As of Mar. 2026)

What is Kirby ROCE %?

Kirby KEX -1.52% 83 ROCE % is 8.59% as of Mar. 2026. 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.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Kirby's annualized ROCE % for the quarter that ended in Mar. 2026 was 8.59%.

Kirby (NYSE:KEX) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Kirby ROCE % Related Terms

Kirby ROCE % Historical Data

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The historical data trend for Kirby's ROCE % 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 ROCE % Chart

Kirby Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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-4.81

4.29

6.95

8.11

9.94

Kirby Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
ROCE %	Get a 7-Day Free Trial															8.50	10.20	10.00	10.14	8.59

83GF Score

Kirby Corp KEX

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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Kirby ROCE % Calculation

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

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	517.739	/	( ( (5851.952 - 734.753)	+	(6008.045 - 706.524) )	/ 2 )
	=	517.739	/	( (5117.199	+	5301.521)	/ 2 )
	=	517.739	/	5209.36
	=	9.94 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	459.816	/	( ( (6008.045 - 706.524)	+	(6119.203 - 717.464) )	/ 2 )
	=	459.816	/	( ( 5301.521	+	5401.739 )	/ 2 )
	=	459.816	/	5351.63
	=	8.59 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 8.59% mean?

Kirby (KEX) has a ROCE % of 8.59% as of Mar. 2026.

Is Kirby's ROCE % too high?

Kirby's current ROCE % is 8.59%. The Transportation industry median ROCE % is 7.74. Kirby's value of 8.59% is 11% above this industry median. 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 ROCE % compare to MATX and SBLK?

Kirby's ROCE % of 8.59% can be compared against companies in the Transportation industry. The industry median ROCE % is 7.74. Kirby's value of 8.59% is 11% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROCE % for a Transportation company?

The median ROCE % among Transportation companies is 7.74, based on 997 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kirby's current ROCE % of 8.59% is 11% 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 ROCE % mean?

A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Transportation industry, the median ROCE % is 7.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kirby's current ROCE % is 8.59%. 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 $136.13 — trading 14.3% above its estimated fair value. The current ROCE % is 8.59% and 11% above the Transportation industry median of 7.74. 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 ROCE % calculated?

ROCE % is calculated from a company's financial statements. For Kirby (KEX), the current ROCE % is 8.59% 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 $136.13 is trading 14.3% above its estimated GF Value™ of $119.13. GuruFocus considers Kirby to be Modestly Overvalued.

Key valuation signals for KEX:

ROCE %: 8.59%
GF Value™: $119.13 vs. price of $136.13 (14.3% above fair value)
GF Score™: 83/100 with 6 warning signs
Industry Position: 11% above the Transportation median

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

Industry Industrials Transportation

Comparable Companies MATX SBLK ZIM DAC NMM CMRE SFL CCEC GSL GNK BOM:532921 OCSE:MAERSK B HKSE:01919 PHS:ICT XTER:HLAG SHSE:600018 TPE:2603 TSE:9101 XKRX:011200 ADX:ADNOCLS

Other Exchanges KIY:Germany

Address 55 Waugh Drive, Suite 1000, Houston, TX, USA, 77007

Website https://www.kirbycorp.com

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

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$136.13

Price

$119.13

GF Value

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