In the fourth quarter, Marine Transportation revenue was $482 million and operating income was$100 million, with operating margins in the low-20% range, Kumar said. He noted seasonal winter weather along the Gulf Coast led to an 82% sequential increase in delay days, pressuring efficiency.Chief Financial Officer Raj Kumar said Kirby ended 2025 with $79 million of cash and about$920 million of total debt, with a debt-to-capital ratio of 21.4%. During the fourth quarter, the company generated approximately ...