GASS vs. KEX
GASS (StealthGas Inc.) and KEX (Kirby Corporation) are both stocks. Both operate in the Marine Shipping industry within the Industrials sector. Over the past 10 years, GASS returned 12.03%/yr vs 8.26%/yr for KEX. At a 0.26 correlation, their price movements are largely independent.
Performance
GASS vs. KEX - Performance Comparison
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Returns By Period
In the year-to-date period, GASS achieves a 21.37% return, which is significantly lower than KEX's 25.46% return. Over the past 10 years, GASS has outperformed KEX with an annualized return of 12.03%, while KEX has yielded a comparatively lower 8.26% annualized return.
GASS
- 1D
- 0.83%
- 1M
- -14.11%
- YTD
- 21.37%
- 6M
- 24.02%
- 1Y
- 26.22%
- 3Y*
- 30.43%
- 5Y*
- 35.01%
- 10Y*
- 12.03%
KEX
- 1D
- -2.19%
- 1M
- -3.56%
- YTD
- 25.46%
- 6M
- 24.11%
- 1Y
- 21.18%
- 3Y*
- 23.80%
- 5Y*
- 16.77%
- 10Y*
- 8.26%
GASS vs. KEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GASS StealthGas Inc. | 21.37% | 24.25% | -12.54% | 141.04% | 27.01% | 34.27% | -31.49% | 24.28% | -36.70% | 28.99% |
KEX Kirby Corporation | 25.46% | 4.14% | 34.81% | 21.96% | 8.30% | 14.64% | -42.11% | 32.91% | 0.84% | 0.45% |
Correlation
The correlation between GASS and KEX is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Oct 6, 2005 | 0.26 |
Fundamentals
GASS:
$1.73
KEX:
$6.37
GASS:
4.93
KEX:
21.70
GASS:
0.07
KEX:
0.67
GASS:
1.77
KEX:
2.29
GASS:
$173.98M
KEX:
$3.36B
GASS:
$66.19M
KEX:
$883.42M
GASS:
$81.20M
KEX:
$781.87M
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Return for Risk
GASS vs. KEX — Risk / Return Rank
GASS
KEX
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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GASS | KEX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.20 | ||
| Sortino ratioReturn per unit of downside risk | +0.40 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.17 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.27 | 0.63 | +0.64 |
| Martin ratioReturn relative to average drawdown | 2.66 | 1.51 | +1.16 |
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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.
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Drawdown Indicators
| GASS | KEX | Difference | |
|---|---|---|---|
Max DrawdownLargest 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 (3Y)Largest decline over 3 years | -44.34% | -38.76% | -5.58% |
Max Drawdown (5Y)Largest decline over 5 years | -44.34% | -38.76% | -5.58% |
Max Drawdown (10Y)Largest decline over 10 years | -63.11% | -63.34% | +0.23% |
Current DrawdownCurrent decline from peak | -25.03% | -9.41% | -15.62% |
Average DrawdownAverage peak-to-trough decline | -57.85% | -28.60% | -29.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.88% | 14.08% | -4.20% |
Volatility
GASS vs. KEX - Volatility Comparison
StealthGas Inc. (GASS) has a higher volatility of 12.57% compared to Kirby Corporation (KEX) at 5.82%. 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.
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Volatility by Period
| GASS | KEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.57% | 5.82% | +6.75% |
Volatility (6M)Calculated over the trailing 6-month period | 26.34% | 17.53% | +8.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.51% | 35.05% | -2.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.49% | 31.92% | +17.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.53% | 35.86% | +11.67% |
Dividends
GASS vs. KEX - Dividend Comparison
Neither GASS nor KEX has paid dividends to shareholders.
| Position | 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% |
Financials
GASS vs. KEX - Financials Comparison
This section allows you to compare key financial metrics between StealthGas Inc. and Kirby Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
GASS vs. KEX - Profitability Comparison
GASS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, StealthGas Inc. reported a gross profit of 14.69M and revenue of 42.84M. Therefore, the gross margin over that period was 34.3%.
KEX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Kirby Corporation reported a gross profit of 223.49M and revenue of 851.78M. Therefore, the gross margin over that period was 26.2%.
GASS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, StealthGas Inc. reported an operating income of 11.63M and revenue of 42.84M, resulting in an operating margin of 27.1%.
KEX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Kirby Corporation reported an operating income of 127.89M and revenue of 851.78M, resulting in an operating margin of 15.0%.
GASS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, StealthGas Inc. reported a net income of 15.93M and revenue of 42.84M, resulting in a net margin of 37.2%.
KEX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Kirby Corporation reported a net income of 91.81M and revenue of 851.78M, resulting in a net margin of 10.8%.
Frequently Asked Questions
GASS and KEX have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GASS has higher volatility (12.57%) compared to KEX (5.82%). In terms of maximum drawdown, GASS dropped -89.82% vs KEX's -75.42%.
GASS currently has the higher Sharpe Ratio (0.81 vs 0.61), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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