Invesaro

Stocks Comparison

Kirby vs Matson: revenue, profit, margins and growth compared

Kirby brought in $3.4B of revenue in fiscal 2025, Matson $3.3B in fiscal 2025. Revenue changed by +3.0% at Kirby and -2.3% at Matson on the year before, so Kirby grew faster. Kirby kept 10.5% of its revenue as net profit, Matson 13.3%. Free cash flow was $405.7M at Kirby and $153.7M at Matson.

Side by side, latest fiscal year

KEXMATX
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$3.4B$3.3B
Revenue growth+3.0%-2.3%
Net income$354.6M$444.8M
Net margin10.5%13.3%
Free cash flow$405.7M$153.7M
Free cash flow margin12.1%4.6%
Earnings per share (diluted)$6.33$13.81
Cash$78.8M$141.9M
Debt$919.3M$361.2M
Price to earnings20.416.3
Market value$6.8B$6.7B
Dividend yieldn/a0.62%
Rank by revenue in sector#271 of 778 · Consumer discretionary#272 of 778 · Consumer discretionary

Over the years

Revenue
KEX FY2018: $3BKEX FY2019: $2.8BKEX FY2020: $2.2BKEX FY2021: $2.2BKEX FY2022: $2.8BKEX FY2023: $3.1BKEX FY2024: $3.3BKEX FY2025: $3.4BMATX FY2018: $2.2BMATX FY2019: $2.2BMATX FY2020: $2.4BMATX FY2021: $3.9BMATX FY2022: $4.3BMATX FY2023: $3.1BMATX FY2024: $3.4BMATX FY2025: $3.3BFY18FY19FY20FY21FY22FY23FY24FY25
KEX $3.4BMATX $3.3B
Net income
KEX FY2018: $78.5MKEX FY2019: $142.3MKEX FY2020: -$272.5MKEX FY2021: -$247MKEX FY2022: $122.3MKEX FY2023: $222.9MKEX FY2024: $286.7MKEX FY2025: $354.6MMATX FY2018: $109MMATX FY2019: $82.7MMATX FY2020: $193.1MMATX FY2021: $927.4MMATX FY2022: $1.1BMATX FY2023: $297.1MMATX FY2024: $476.4MMATX FY2025: $444.8MFY18FY19FY20FY21FY22FY23FY24FY25
KEX $354.6MMATX $444.8M
Net margin
KEX FY2018: 2.6%KEX FY2019: 5.0%KEX FY2020: -12.6%KEX FY2021: -11.0%KEX FY2022: 4.4%KEX FY2023: 7.2%KEX FY2024: 8.8%KEX FY2025: 10.5%MATX FY2018: 4.9%MATX FY2019: 3.8%MATX FY2020: 8.1%MATX FY2021: 23.6%MATX FY2022: 24.5%MATX FY2023: 9.6%MATX FY2024: 13.9%MATX FY2025: 13.3%FY18FY19FY20FY21FY22FY23FY24FY25
KEX 10.5%MATX 13.3%
Revenue growth
KEX FY2019: -4.5%KEX FY2020: -23.5%KEX FY2021: +3.5%KEX FY2022: +24.0%KEX FY2023: +11.0%KEX FY2024: +5.6%KEX FY2025: +3.0%MATX FY2019: -0.9%MATX FY2020: +8.2%MATX FY2021: +64.7%MATX FY2022: +10.6%MATX FY2023: -28.7%MATX FY2024: +10.6%MATX FY2025: -2.3%FY19FY20FY21FY22FY23FY24FY25
KEX +3.0%MATX -2.3%
Free cash flow
KEX FY2018: $45.1MKEX FY2019: $263.6MKEX FY2020: $296.8MKEX FY2021: $223.6MKEX FY2022: $121.5MKEX FY2023: $138.5MKEX FY2024: $413.8MKEX FY2025: $405.7MMATX FY2022: $1.1BMATX FY2023: $262.1MMATX FY2024: $457.7MMATX FY2025: $153.7MFY18FY19FY20FY21FY22FY23FY24FY25
KEX $405.7MMATX $153.7M

Fiscal years as each company reports them; the two may end in different months.

Questions about Kirby and Matson

Which is bigger by revenue, Kirby or Matson?

Kirby is bigger by revenue: $3.4B in fiscal 2025, against $3.3B for Matson in fiscal 2025.

Which keeps more of its revenue as profit, Kirby or Matson?

Kirby had a net margin of 10.5% in fiscal 2025; Matson had 13.3% in fiscal 2025.

Which grew revenue faster, Kirby or Matson?

In their latest fiscal years revenue changed by +3.0% at Kirby and -2.3% at Matson.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

More comparisons

Compare more companies