GASS vs. KEX

Last updated Apr 1, 2026

Compare and contrast key facts about StealthGas Inc. (GASS) and Kirby Corporation (KEX).

Performance

GASS vs. KEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in StealthGas Inc. (GASS) and Kirby Corporation (KEX). The values are adjusted to include any dividend payments, if applicable.

GASS vs. KEX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GASS StealthGas Inc.	30.77%	24.25%	-12.54%	141.04%	27.01%	34.27%	-31.49%	24.28%	-36.70%	28.99%
KEX Kirby Corporation	20.60%	4.14%	34.81%	21.96%	8.30%	14.64%	-42.11%	32.91%	0.84%	0.45%

Fundamentals

EPS GASS : $1.68 KEX : $5.44
PE Ratio GASS : 5.45 KEX : 24.44
PEG Ratio GASS : 0.08 KEX : 0.53
PS Ratio GASS : 1.91 KEX : 2.25
Total Revenue (TTM) GASS : $173.16M KEX : $3.31B
Gross Profit (TTM) GASS : $67.86M KEX : $856.36M
EBITDA (TTM) GASS : $84.46M KEX : $694.77M

Returns By Period

In the year-to-date period, GASS achieves a 30.77% return, which is significantly higher than KEX's 20.60% return. Over the past 10 years, GASS has outperformed KEX with an annualized return of 13.86%, while KEX has yielded a comparatively lower 8.21% annualized return.

GASS

• 1D: 1.89%
• 1M: 2.57%
• YTD: 30.77%
• 6M: 40.15%
• 1Y: 62.48%
• 3Y*: 52.08%
• 5Y*: 36.28%
• 10Y*: 13.86%

KEX

• 1D: -0.97%
• 1M: 2.37%
• YTD: 20.60%
• 6M: 59.23%
• 1Y: 31.55%
• 3Y*: 24.00%
• 5Y*: 17.15%
• 10Y*: 8.21%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

GASS vs. KEX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GASS

GASS Risk / Return Rank: 85
GASS Sharpe Ratio Rank: 89
GASS Sortino Ratio Rank: 87
GASS Omega Ratio Rank: 83
GASS Calmar Ratio Rank: 85
GASS Martin Ratio Rank: 80

KEX

KEX Risk / Return Rank: 66
KEX Sharpe Ratio Rank: 70
KEX Sortino Ratio Rank: 62
KEX Omega Ratio Rank: 71
KEX Calmar Ratio Rank: 63
KEX Martin Ratio Rank: 63

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GASS vs. KEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for StealthGas Inc. (GASS) and Kirby Corporation (KEX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	GASS	KEX	Difference
Sharpe ratio Return per unit of total volatility	1.86	0.82	+1.04
Sortino ratio Return per unit of downside risk	2.59	1.25	+1.34
Omega ratio Gain probability vs. loss probability	1.31	1.22	+0.09
Calmar ratio Return relative to maximum drawdown	2.82	0.95	+1.87
Martin ratio Return relative to average drawdown	5.94	2.27	+3.66
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GASS vs. KEX - Sharpe Ratio Comparison

The current GASS Sharpe Ratio is 1.86, which is higher than the KEX Sharpe Ratio of 0.82. The chart below compares the historical Sharpe Ratios of GASS and KEX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	GASS	KEX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.86	0.82	+1.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.74	0.53	+0.20
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.29	0.23	+0.06
Sharpe Ratio (All Time) Calculated using the full available price history	0.02	0.20	-0.18

Correlation

The correlation between GASS and KEX is 0.26, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

GASS vs. KEX - Dividend Comparison

Neither GASS nor KEX has paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021
GASS StealthGas Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	44.43%
KEX Kirby Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

GASS vs. KEX - Drawdown Comparison

The maximum GASS drawdown since its inception was -89.82%, which is greater than KEX's maximum drawdown of -75.42%. Use the drawdown chart below to compare losses from any high point for GASS and KEX.

Drawdown Indicators

	GASS	KEX	Difference
Max Drawdown Largest peak-to-trough decline	-89.82%	-75.42%	-14.40%
Max Drawdown (1Y) Largest decline over 1 year	-20.76%	-33.83%	+13.07%
Max Drawdown (5Y) Largest decline over 5 years	-44.34%	-38.76%	-5.58%
Max Drawdown (10Y) Largest decline over 10 years	-65.74%	-63.34%	-2.40%
Current Drawdown Current decline from peak	-19.23%	-2.54%	-16.69%
Average Drawdown Average peak-to-trough decline	-58.21%	-28.76%	-29.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.86%	14.11%	-4.25%

Volatility

GASS vs. KEX - Volatility Comparison

StealthGas Inc. (GASS) has a higher volatility of 15.98% compared to Kirby Corporation (KEX) at 7.94%. This indicates that GASS's price experiences larger fluctuations and is considered to be riskier than KEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GASS	KEX	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.98%	7.94%	+8.04%
Volatility (6M) Calculated over the trailing 6-month period	23.35%	21.58%	+1.77%
Volatility (1Y) Calculated over the trailing 1-year period	33.91%	38.60%	-4.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	49.64%	32.30%	+17.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.75%	36.01%	+11.74%

Financials

GASS vs. KEX - Profitability Comparison

The chart below illustrates the profitability comparison between StealthGas Inc. and Kirby Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

GASS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, StealthGas Inc. reported a gross profit of 13.53M and revenue of 39.37M. Therefore, the gross margin over that period was 34.4%.

KEX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Kirby Corporation reported a gross profit of 223.80M and revenue of 871.16M. Therefore, the gross margin over that period was 25.7%.

GASS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, StealthGas Inc. reported an operating income of 10.17M and revenue of 39.37M, resulting in an operating margin of 25.8%.

KEX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Kirby Corporation reported an operating income of 126.22M and revenue of 871.16M, resulting in an operating margin of 14.5%.

GASS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, StealthGas Inc. reported a net income of 12.78M and revenue of 39.37M, resulting in a net margin of 32.5%.

KEX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Kirby Corporation reported a net income of 92.50M and revenue of 871.16M, resulting in a net margin of 10.6%.