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KEX vs TK
Revenue, margins, valuation, and 5-year total return — side by side.
Oil & Gas Midstream
KEX vs TK — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Marine Shipping | Oil & Gas Midstream |
| Market Cap | $7.62B | $1.18B |
| Revenue (TTM) | $3.36B | $993M |
| Net Income (TTM) | $355M | $79M |
| Gross Margin | 26.3% | 28.1% |
| Operating Margin | 14.6% | 24.8% |
| Forward P/E | 20.8x | 64.0x |
| Total Debt | $1.30B | $66M |
| Cash & Equiv. | $79M | $685M |
KEX vs TK — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Kirby Corporation (KEX) | 100 | 277.3 | +177.3% |
| Teekay Corporation (TK) | 100 | 480.9 | +380.9% |
Price return only. Dividends and distributions are not included.
Quick Verdict: KEX vs TK
Each card shows where this stock fits in a portfolio — not just who wins on paper.
KEX carries the broadest edge in this set and is the clearest fit for growth exposure and long-term compounding.
- Rev growth 3.0%, EPS growth 28.9%, 3Y rev CAGR 6.5%
- 123.3% 10Y total return vs TK's 97.1%
- 3.0% revenue growth vs TK's -16.7%
TK is the clearest fit if your priority is income & stability and sleep-well-at-night.
- Dividend streak 3 yrs, beta 0.38, yield 6.5%
- Lower volatility, beta 0.38, Low D/E 3.4%, current ratio 6.99x
- Beta 0.38, yield 6.5%, current ratio 6.99x
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 3.0% revenue growth vs TK's -16.7% | |
| Value | Lower P/E (20.8x vs 64.0x) | |
| Quality / Margins | 10.5% margin vs TK's 7.9% | |
| Stability / Safety | Beta 0.38 vs KEX's 0.83, lower leverage | |
| Dividends | 6.5% yield; 3-year raise streak; the other pay no meaningful dividend | |
| Momentum (1Y) | +91.5% vs KEX's +39.1% | |
| Efficiency (ROA) | 5.9% ROA vs TK's 3.5%, ROIC 8.2% vs 19.1% |
KEX vs TK — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
KEX vs TK — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
Evenly matched — KEX and TK each lead in 3 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
KEX is the larger business by revenue, generating $3.4B annually — 3.4x TK's $993M. Profitability is closely matched — net margins range from 10.5% (KEX) to 7.9% (TK). On growth, KEX holds the edge at +6.2% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $3.4B | $993M |
| EBITDAEarnings before interest/tax | $756M | $334M |
| Net IncomeAfter-tax profit | $355M | $79M |
| Free Cash FlowCash after capex | $406M | $241M |
| Gross MarginGross profit ÷ Revenue | +26.3% | +28.1% |
| Operating MarginEBIT ÷ Revenue | +14.6% | +24.8% |
| Net MarginNet income ÷ Revenue | +10.5% | +7.9% |
| FCF MarginFCF ÷ Revenue | +12.1% | +24.2% |
| Rev. Growth (YoY)Latest quarter vs prior year | +6.2% | -29.0% |
| EPS Growth (YoY)Latest quarter vs prior year | +127.0% | -2.4% |
Valuation Metrics
TK leads this category, winning 5 of 6 comparable metrics.
Valuation Metrics
At 9.9x trailing earnings, TK trades at a 56% valuation discount to KEX's 22.5x P/E. On an enterprise value basis, TK's 1.2x EV/EBITDA is more attractive than KEX's 11.7x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $7.6B | $1.2B |
| Enterprise ValueMkt cap + debt − cash | $8.8B | $565M |
| Trailing P/EPrice ÷ TTM EPS | 22.46x | 9.92x |
| Forward P/EPrice ÷ next-FY EPS est. | 20.78x | 64.05x |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 11.71x | 1.23x |
| Price / SalesMarket cap ÷ Revenue | 2.27x | 0.97x |
| Price / BookPrice ÷ Book value/share | 2.36x | 0.68x |
| Price / FCFMarket cap ÷ FCF | 18.79x | 3.02x |
Profitability & Efficiency
TK leads this category, winning 6 of 9 comparable metrics.
Profitability & Efficiency
KEX delivers a 10.5% return on equity — every $100 of shareholder capital generates $11 in annual profit, vs $4 for TK. TK carries lower financial leverage with a 0.03x debt-to-equity ratio, signaling a more conservative balance sheet compared to KEX's 0.39x. On the Piotroski fundamental quality scale (0–9), KEX scores 7/9 vs TK's 6/9, reflecting strong financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +10.5% | +4.0% |
| ROA (TTM)Return on assets | +5.9% | +3.5% |
| ROICReturn on invested capital | +8.2% | +19.1% |
| ROCEReturn on capital employed | +9.4% | +18.1% |
| Piotroski ScoreFundamental quality 0–9 | 7 | 6 |
| Debt / EquityFinancial leverage | 0.39x | 0.03x |
| Net DebtTotal debt minus cash | $1.2B | -$620M |
| Cash & Equiv.Liquid assets | $79M | $685M |
| Total DebtShort + long-term debt | $1.3B | $66M |
| Interest CoverageEBIT ÷ Interest expense | 11.18x | 69.29x |
Total Returns (Dividends Reinvested)
TK leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in TK five years ago would be worth $51,229 today (with dividends reinvested), compared to $21,089 for KEX. Over the past 12 months, TK leads with a +91.5% total return vs KEX's +39.1%. The 3-year compound annual growth rate (CAGR) favors TK at 51.1% vs KEX's 25.8% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +27.1% | +59.8% |
| 1-Year ReturnPast 12 months | +39.1% | +91.5% |
| 3-Year ReturnCumulative with dividends | +98.9% | +244.7% |
| 5-Year ReturnCumulative with dividends | +110.9% | +412.3% |
| 10-Year ReturnCumulative with dividends | +123.3% | +97.1% |
| CAGR (3Y)Annualised 3-year return | +25.8% | +51.1% |
Risk & Volatility
TK leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
TK is the less volatile stock with a 0.38 beta — it tends to amplify market swings less than KEX's 0.83 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. TK currently trades 99.1% from its 52-week high vs KEX's 90.2% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.83x | 0.38x |
| 52-Week HighHighest price in past year | $157.69 | $14.22 |
| 52-Week LowLowest price in past year | $79.52 | $7.12 |
| % of 52W HighCurrent price vs 52-week peak | +90.2% | +99.1% |
| RSI (14)Momentum oscillator 0–100 | 48.4 | 60.2 |
| Avg Volume (50D)Average daily shares traded | 702K | 513K |
Analyst Outlook
TK leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
Wall Street rates KEX as "Buy" and TK as "Buy". TK is the only dividend payer here at 6.47% yield — a key consideration for income-focused portfolios.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $151.33 | — |
| # AnalystsCovering analysts | 29 | 14 |
| Dividend YieldAnnual dividend ÷ price | — | +6.5% |
| Dividend StreakConsecutive years of raises | 1 | 3 |
| Dividend / ShareAnnual DPS | — | $0.91 |
| Buyback YieldShare repurchases ÷ mkt cap | +4.6% | +9.8% |
TK leads in 5 of 6 categories — strongest in Valuation Metrics and Profitability & Efficiency. 1 category is tied.
KEX vs TK: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is KEX or TK a better buy right now?
For growth investors, Kirby Corporation (KEX) is the stronger pick with 3.
0% revenue growth year-over-year, versus -16. 7% for Teekay Corporation (TK). Teekay Corporation (TK) offers the better valuation at 9. 9x trailing P/E (64. 0x forward), making it the more compelling value choice. Analysts rate Kirby Corporation (KEX) a "Buy" — based on 29 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — KEX or TK?
On trailing P/E, Teekay Corporation (TK) is the cheapest at 9.
9x versus Kirby Corporation at 22. 5x. On forward P/E, Kirby Corporation is actually cheaper at 20. 8x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — KEX or TK?
Over the past 5 years, Teekay Corporation (TK) delivered a total return of +412.
3%, compared to +110. 9% for Kirby Corporation (KEX). Over 10 years, the gap is even starker: KEX returned +123. 3% versus TK's +97. 1%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — KEX or TK?
By beta (market sensitivity over 5 years), Teekay Corporation (TK) is the lower-risk stock at 0.
38β versus Kirby Corporation's 0. 83β — meaning KEX is approximately 118% more volatile than TK relative to the S&P 500. On balance sheet safety, Teekay Corporation (TK) carries a lower debt/equity ratio of 3% versus 39% for Kirby Corporation — giving it more financial flexibility in a downturn.
05Which is growing faster — KEX or TK?
By revenue growth (latest reported year), Kirby Corporation (KEX) is pulling ahead at 3.
0% versus -16. 7% for Teekay Corporation (TK). On earnings-per-share growth, the picture is similar: Kirby Corporation grew EPS 28. 9% year-over-year, compared to -7. 8% for Teekay Corporation. Over a 3-year CAGR, TK leads at 21. 4% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — KEX or TK?
Teekay Corporation (TK) is the more profitable company, earning 11.
0% net margin versus 10. 5% for Kirby Corporation — meaning it keeps 11. 0% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: TK leads at 29. 9% versus 14. 6% for KEX. At the gross margin level — before operating expenses — TK leads at 32. 3%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is KEX or TK more undervalued right now?
On forward earnings alone, Kirby Corporation (KEX) trades at 20.
8x forward P/E versus 64. 0x for Teekay Corporation — 43. 3x cheaper on a one-year earnings basis.
08Which pays a better dividend — KEX or TK?
In this comparison, TK (6.
5% yield) pays a dividend. KEX does not pay a meaningful dividend and should not be held primarily for income.
09Is KEX or TK better for a retirement portfolio?
For long-horizon retirement investors, Teekay Corporation (TK) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
38), 6. 5% yield). Both have compounded well over 10 years (TK: +97. 1%, KEX: +123. 3%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between KEX and TK?
These companies operate in different sectors (KEX (Industrials) and TK (Energy)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.
In terms of investment character: KEX is a small-cap quality compounder stock; TK is a small-cap deep-value stock. TK pays a dividend while KEX does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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