MRC Global Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	2,852	3,011	3,266	3,197	2,666	2,560
Revenue Growth (YoY)	-3.94%	-7.81%	2.16%	19.92%	4.14%	-30.09%
Cost of Revenue	2,299	2,391	2,596	2,613	2,249	2,129
Gross Profit	553	620	670	584	417	431
Selling, General & Admin	505	485	482	449	410	449
Other Operating Expenses	-	-	-	-	-	242
Total Operating Expenses	505	485	482	449	410	691
Operating Income	48	135	188	135	7	-260
Interest Expense	-36	-26	-32	-24	-23	-28
Other Non-Operating Income (Expense)	5	-4	-2	-6	2	5
Total Non-Operating Income (Expense)	-31	-30	-34	-30	-21	-23
Pretax Income	17	105	154	105	-14	-283
Provision for Income Taxes	6	27	39	35	-	-9
Net Income	-52	26	90	51	-38	-298
Net Income Attributable to Preferred Dividends	2	29	24	24	24	24
Earnings From Discontinued Operations	-52	-23	-1	5	-	-
Net Income to Common	-52	26	90	51	-38	-298
Net Income Growth	-	-71.11%	76.47%	-	-	-
Shares Outstanding (Basic)	85	85	84	84	83	82
Shares Outstanding (Diluted)	86	87	86	85	83	82
Shares Change (YoY)	21.64%	1.29%	0.71%	2.91%	0.61%	-2.27%
EPS (Basic)	-0.35	0.58	1.08	0.55	-0.46	-3.63
EPS (Diluted)	-0.35	0.57	1.06	0.54	-0.46	-3.63
EPS Growth	-	-46.23%	96.30%	-	-	-
Free Cash Flow	-23	248	167	-31	46	250
Free Cash Flow Growth	-	48.50%	-	-	-81.60%	11.61%
Free Cash Flow Per Share	-0.27	2.86	1.95	-0.37	0.56	3.05
Gross Margin	19.39%	20.59%	20.51%	18.27%	15.64%	16.84%
Operating Margin	1.68%	4.48%	5.76%	4.22%	0.26%	-10.16%
Profit Margin	-1.44%	1.83%	3.49%	2.35%	-0.53%	-10.70%
FCF Margin	-0.81%	8.24%	5.11%	-0.97%	1.73%	9.77%
EBITDA	88	175	228	174	50	-214
EBITDA Margin	3.09%	5.81%	6.98%	5.44%	1.88%	-8.36%
EBIT	48	135	188	135	7	-260
EBIT Margin	1.68%	4.48%	5.76%	4.22%	0.26%	-10.16%
Effective Tax Rate	35.29%	25.71%	25.32%	33.33%	0.00%	3.18%

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q