Is KIRBY CORP (KEX) Halal?

NYSE Industrials United States $7.2B
✓ HALAL
Confidence: 95/100
KIRBY CORP (KEX) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 16.4% against the AAOIFI threshold of 30%, KIRBY CORP comfortably passes the key financial ratio tests. The company operates in the Industrials sector (Marine Shipping), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 16.4%
/ 30%
1.1%
/ 30%
7.9%
/ 30%
0.78%
/ 5%
✓ HALAL
DJIM 16.4%
/ 33%
1.1%
/ 33%
7.9%
/ 33%
0.78%
/ 5%
✓ HALAL
MSCI 18.9%
/ 33%
1.3%
/ 33%
9.0%
/ 33%
0.78%
/ 5%
✓ HALAL
S&P 16.4%
/ 33%
1.1%
/ 33%
7.9%
/ 33%
0.78%
/ 5%
✓ HALAL
FTSE 18.9%
/ 33%
1.3%
/ 33%
9.0%
/ 50%
0.78%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
21.2
Forward: 16.4
EPS
$6.33
P/B Ratio
2.1
Revenue
$3.4B
Growth: 20.6%
Beta
0.9
Average volatility
Current Ratio
1.5

Profitability

Gross Margin 34.1%
Operating Margin -53.1%
Net Margin 10.5%
Return on Equity (ROE) 10.6%
Return on Assets (ROA) 5.4%

Cash Flow & Balance Sheet

Operating Cash Flow$670M
Free Cash Flow$406M
Total Debt$1.1B
Current Ratio1.5
Total Assets$6.0B

Price & Trading

Last Close$136.15
50-Day MA$127.31
200-Day MA$109.33
Avg Volume760K
Beta0.9
52-Week Range
$79.52
$137.96

About KIRBY CORP (KEX)

CEO
Mr. David W. Grzebinski C.F.A.
Employees
5,233
Sector
Industrials
Industry
Marine Shipping
Country
United States
Exchange
NYSE
Market Cap
$7.2B
Currency
USD

Kirby Corporation operates domestic tank barges in the United States. Its Marine Transportation segment provides marine transportation service and towing vessels transporting bulk liquid product, as well as operates tank barges throughout the Mississippi River System, on the Gulf Intracoastal Waterway, and coastwise along three United States coasts, Alaska, and Hawaii. It transports petrochemicals, black oils, refined petroleum products, and agricultural chemicals by tank barges; and operates offshore dry-bulk barges and tugboat units that are involved in the offshore transportation of dry-bulk cargos in the United States coastal trade. It owns and operates 1,105 inland tank barges, approximately 266 inland towboats, 28 coastal tank barges, 24 coastal tugboats, 2 offshore dry-bulk cargo barges, 3 offshore tugboats, and a docking tugboat. Its Distribution and Services segment sells after-market service and genuine replacement parts for engines, transmissions, reduction gears, electric motors, drives, and controls, electrical distribution and control systems, energy storage battery systems, and related oilfield service equipment; rebuilds component parts or diesel engines, transmissions and reduction gears, and related equipment for use in oilfield services, marine, power generation, on-highway, and other industrial applications; rents generators, industrial compressors, high capacity lift trucks, and refrigeration trailers; and manufactures and remanufactures oilfield service equipment, including pressure pumping units, as well as manufacturers electric power generation equipment, specialized electrical distribution and control equipment, and high capacity energy storage/battery systems. It serves various companies in the United States government, and pleasure crafts. The company was formerly known as Kirby Exploration Company, Inc. and changed its name to Kirby Corporation in 1990. Kirby Corporation was founded in 1921 and is headquartered in Houston, Texas.

Purification Calculator

As a halal stock with 0.78% impermissible income, you need to purify your dividends.

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Frequently Asked Questions

Is KIRBY CORP (KEX) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), KIRBY CORP is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is KIRBY CORP's debt ratio?

KIRBY CORP's debt ratio is 16.4% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 18.9%.

Does KIRBY CORP require dividend purification?

Yes, KIRBY CORP has an impermissible income ratio of 0.78%, which means 0.78% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.

What are KIRBY CORP's key financial metrics?

KIRBY CORP has a market capitalization of $7.2B, trailing P/E ratio of 21.2, and revenue of $3.4B. The company maintains a gross margin of 34.1% and a net margin of 10.5%. Return on equity stands at 10.6%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.