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	2015 - 2019
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	2015 - 2019
Revenue	2,826	3,011	3,266	3,197	2,666	2,560	Upgrade
Revenue Growth (YoY)	-5.64%	-7.81%	2.16%	19.92%	4.14%	-30.09%	Upgrade
Cost of Revenue	2,276	2,391	2,596	2,613	2,249	2,129	Upgrade
Gross Profit	550	620	670	584	417	431	Upgrade
Selling, General & Admin	502	485	482	449	410	449	Upgrade
Operating Expenses	502	485	482	449	410	449	Upgrade
Operating Income	48	135	188	135	7	-18	Upgrade
Interest Expense	-36	-26	-32	-24	-23	-28	Upgrade
Other Non Operating Income (Expenses)	5	-4	-2	-6	2	-	Upgrade
EBT Excluding Unusual Items	17	105	154	105	-14	-46	Upgrade
Impairment of Goodwill	-	-	-	-	-	-217	Upgrade
Gain (Loss) on Sale of Assets	-	-	-	-	-	5	Upgrade
Asset Writedown	-	-	-	-	-	-25	Upgrade
Pretax Income	17	105	154	105	-14	-283	Upgrade
Income Tax Expense	6	27	39	35	-	-9	Upgrade
Earnings From Continuing Operations	11	78	115	70	-14	-274	Upgrade
Earnings From Discontinued Operations	-52	-23	-1	5	-	-	Upgrade
Net Income	-41	55	114	75	-14	-274	Upgrade
Preferred Dividends & Other Adjustments	11	29	24	24	24	24	Upgrade
Net Income to Common	-52	26	90	51	-38	-298	Upgrade
Net Income Growth	-	-51.75%	52.00%	-	-	-	Upgrade
Shares Outstanding (Basic)	85	85	84	84	83	82	Upgrade
Shares Outstanding (Diluted)	85	87	86	85	83	82	Upgrade
Shares Change (YoY)	0.53%	1.29%	0.71%	2.91%	0.61%	-2.27%	Upgrade
EPS (Basic)	-0.61	0.31	1.07	0.61	-0.46	-3.63	Upgrade
EPS (Diluted)	-0.61	0.30	1.05	0.60	-0.46	-3.63	Upgrade
EPS Growth	-	-70.96%	75.04%	-	-	-	Upgrade
Free Cash Flow	-23	248	167	-31	46	250	Upgrade
Free Cash Flow Per Share	-0.27	2.86	1.95	-0.36	0.56	3.05	Upgrade
Gross Margin	19.46%	20.59%	20.51%	18.27%	15.64%	16.84%	Upgrade
Operating Margin	1.70%	4.48%	5.76%	4.22%	0.26%	-0.70%	Upgrade
Profit Margin	-1.84%	0.86%	2.76%	1.59%	-1.43%	-11.64%	Upgrade
Free Cash Flow Margin	-0.81%	8.24%	5.11%	-0.97%	1.73%	9.77%	Upgrade
EBITDA	88	175	228	174	50	28	Upgrade
EBITDA Margin	3.11%	5.81%	6.98%	5.44%	1.88%	1.09%	Upgrade
D&A For EBITDA	40	40	40	39	43	46	Upgrade
EBIT	48	135	188	135	7	-18	Upgrade
EBIT Margin	1.70%	4.48%	5.76%	4.22%	0.26%	-0.70%	Upgrade
Effective Tax Rate	35.29%	25.71%	25.32%	33.33%	-	-	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q