Flagship explainer

What drives KIRBY CORPORATION’s return on equity?

ROE is five filed business factors multiplied together.

DuPont return on equity factor treeReturn on equity branches into tax burden, interest burden, operating margin, asset turnover, and the equity multiplier.Return on equity11%Tax burden75%net income ÷ pretax incomeInterest burden95%pretax ÷ operating incomeOperating margin15%operating income ÷ revenueAsset turnover0.57×revenue ÷ average assetsEquity multiplier1.76×average assets ÷ average equityAs of 2025-12-31 · 2 SEC filing sourcesBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
$355MFY2025
Income before tax$471MFY2025
Operating income$496MFY2025
$3.4BFY2025
Ending assets$6.0BFY2025
Beginning assets$5.9BFY2024
$3.4BFY2025
$3.4BFY2024
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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