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Side-by-side financial comparison of Digital Realty (DLR) and KIRBY CORP (KEX). Click either name above to swap in a different company.

Digital Realty is the larger business by last-quarter revenue ($1.6B vs $851.8M, roughly 1.9× KIRBY CORP). KIRBY CORP runs the higher net margin — 10.8% vs 6.0%, a 4.7% gap on every dollar of revenue. On growth, Digital Realty posted the faster year-over-year revenue change (16.1% vs 6.2%). Over the past eight quarters, Digital Realty's revenue compounded faster (9.8% CAGR vs 2.7%).

Digital Realty is a real estate investment trust that owns, operates and invests in carrier-neutral data centers across the world. The company offers data center, colocation, and interconnection services.

Kirby Corporation, headquartered in Houston, Texas, is the largest tank barge operator in the United States, transporting bulk liquid products throughout the Mississippi River System, on the Gulf Intracoastal Waterway, along all three U.S. Coasts, and in Alaska and Hawaii. Products transported by Kirby include petrochemicals, black oil, refined petroleum products, and agricultural chemical products by tank barge. Kirby also owns and operates eight ocean-going barge and tug units transporting ...

DLR vs KEX — Head-to-Head

Bigger by revenue
DLR
DLR
1.9× larger
DLR
$1.6B
$851.8M
KEX
Growing faster (revenue YoY)
DLR
DLR
+10.0% gap
DLR
16.1%
6.2%
KEX
Higher net margin
KEX
KEX
4.7% more per $
KEX
10.8%
6.0%
DLR
Faster 2-yr revenue CAGR
DLR
DLR
Annualised
DLR
9.8%
2.7%
KEX

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
DLR
DLR
KEX
KEX
Revenue
$1.6B
$851.8M
Net Profit
$98.6M
$91.8M
Gross Margin
Operating Margin
6.9%
15.2%
Net Margin
6.0%
10.8%
Revenue YoY
16.1%
6.2%
Net Profit YoY
-10.3%
114.4%
EPS (diluted)
$0.22
$1.68

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DLR
DLR
KEX
KEX
Q1 26
$1.6B
Q4 25
$1.6B
$851.8M
Q3 25
$1.6B
$871.2M
Q2 25
$1.5B
$855.5M
Q1 25
$1.4B
$785.7M
Q4 24
$1.4B
$802.3M
Q3 24
$1.4B
$831.1M
Q2 24
$1.4B
$824.4M
Net Profit
DLR
DLR
KEX
KEX
Q1 26
$98.6M
Q4 25
$98.6M
$91.8M
Q3 25
$67.8M
$92.5M
Q2 25
$1.0B
$94.3M
Q1 25
$110.0M
$76.0M
Q4 24
$189.6M
$42.8M
Q3 24
$51.2M
$90.0M
Q2 24
$80.2M
$83.9M
Operating Margin
DLR
DLR
KEX
KEX
Q1 26
6.9%
Q4 25
6.9%
15.2%
Q3 25
8.8%
14.8%
Q2 25
14.2%
15.4%
Q1 25
13.9%
13.4%
Q4 24
10.1%
6.3%
Q3 24
11.8%
15.3%
Q2 24
0.7%
14.6%
Net Margin
DLR
DLR
KEX
KEX
Q1 26
6.0%
Q4 25
6.0%
10.8%
Q3 25
4.3%
10.6%
Q2 25
69.1%
11.0%
Q1 25
7.8%
9.7%
Q4 24
13.2%
5.3%
Q3 24
3.6%
10.8%
Q2 24
5.9%
10.2%
EPS (diluted)
DLR
DLR
KEX
KEX
Q1 26
$0.22
Q4 25
$0.22
$1.68
Q3 25
$0.15
$1.65
Q2 25
$2.94
$1.67
Q1 25
$0.27
$1.33
Q4 24
$0.50
$0.74
Q3 24
$0.09
$1.55
Q2 24
$0.20
$1.43

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DLR
DLR
KEX
KEX
Cash + ST InvestmentsLiquidity on hand
$3.5B
$78.8M
Total DebtLower is stronger
$919.3M
Stockholders' EquityBook value
$22.9B
$3.4B
Total Assets
$49.4B
$6.0B
Debt / EquityLower = less leverage
0.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DLR
DLR
KEX
KEX
Q1 26
$3.5B
Q4 25
$3.5B
$78.8M
Q3 25
$3.3B
$47.0M
Q2 25
$3.6B
$68.4M
Q1 25
$2.3B
$51.1M
Q4 24
$3.9B
$74.4M
Q3 24
$2.2B
$67.1M
Q2 24
$2.3B
$53.5M
Total Debt
DLR
DLR
KEX
KEX
Q1 26
Q4 25
$919.3M
Q3 25
$1.0B
Q2 25
$1.1B
Q1 25
$1.1B
Q4 24
$874.9M
Q3 24
$978.6M
Q2 24
$1.0B
Stockholders' Equity
DLR
DLR
KEX
KEX
Q1 26
$22.9B
Q4 25
$22.9B
$3.4B
Q3 25
$23.0B
$3.4B
Q2 25
$22.9B
$3.4B
Q1 25
$21.3B
$3.3B
Q4 24
$21.3B
$3.4B
Q3 24
$21.2B
$3.3B
Q2 24
$20.5B
$3.3B
Total Assets
DLR
DLR
KEX
KEX
Q1 26
$49.4B
Q4 25
$49.4B
$6.0B
Q3 25
$48.7B
$6.1B
Q2 25
$48.7B
$6.1B
Q1 25
$45.1B
$6.0B
Q4 24
$45.3B
$5.9B
Q3 24
$45.3B
$5.9B
Q2 24
$43.6B
$5.9B
Debt / Equity
DLR
DLR
KEX
KEX
Q1 26
Q4 25
0.27×
Q3 25
0.31×
Q2 25
0.33×
Q1 25
0.33×
Q4 24
0.26×
Q3 24
0.30×
Q2 24
0.32×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DLR
DLR
KEX
KEX
Operating Cash FlowLast quarter
$312.2M
Free Cash FlowOCF − Capex
$265.2M
FCF MarginFCF / Revenue
31.1%
Capex IntensityCapex / Revenue
5.5%
Cash ConversionOCF / Net Profit
3.40×
TTM Free Cash FlowTrailing 4 quarters
$405.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DLR
DLR
KEX
KEX
Q1 26
Q4 25
$719.0M
$312.2M
Q3 25
$652.9M
$227.5M
Q2 25
$641.2M
$93.9M
Q1 25
$399.1M
$36.5M
Q4 24
$769.5M
$247.4M
Q3 24
$566.5M
$206.5M
Q2 24
$573.2M
$179.3M
Free Cash Flow
DLR
DLR
KEX
KEX
Q1 26
Q4 25
$265.2M
Q3 25
$160.3M
Q2 25
$22.4M
Q1 25
$-42.1M
Q4 24
$150.7M
Q3 24
$130.1M
Q2 24
$90.8M
FCF Margin
DLR
DLR
KEX
KEX
Q1 26
Q4 25
31.1%
Q3 25
18.4%
Q2 25
2.6%
Q1 25
-5.4%
Q4 24
18.8%
Q3 24
15.7%
Q2 24
11.0%
Capex Intensity
DLR
DLR
KEX
KEX
Q1 26
Q4 25
5.5%
Q3 25
7.7%
Q2 25
8.4%
Q1 25
10.0%
Q4 24
12.0%
Q3 24
9.2%
Q2 24
10.7%
Cash Conversion
DLR
DLR
KEX
KEX
Q1 26
Q4 25
7.29×
3.40×
Q3 25
9.63×
2.46×
Q2 25
0.62×
1.00×
Q1 25
3.63×
0.48×
Q4 24
4.06×
5.78×
Q3 24
11.07×
2.30×
Q2 24
7.15×
2.14×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DLR
DLR

Segment breakdown not available.

KEX
KEX

Inland Transportation$379.2M45%
Power Generation$191.1M22%
Commercial And Industrial$149.4M18%
Coastal Transportation$102.5M12%
Oil And Gas$29.6M3%

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