MRC Global Inc. (MRC)

MRC Global Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	3,333	3,412	3,363	2,666	2,560	3,662
Revenue Growth (YoY)	-4.93%	1.46%	26.14%	4.14%	-30.09%	-12.22%
Cost of Revenue	2,659	2,722	2,753	2,249	2,129	3,009
Gross Profit	674	690	610	417	431	653
Selling, General & Admin	506	503	470	410	449	550
Other Operating Expenses	0	0	0	0	242	0
Operating Expenses	506	503	470	410	691	550
Operating Income	168	187	140	7	-260	103
Interest Expense / Income	33	32	24	23	28	40
Other Expense / Income	2	2	6	-2	-5	-3
Pretax Income	133	153	110	-14	-283	66
Income Tax	34	39	35	0	-9	27
Net Income	99	114	75	-14	-274	39
Preferred Dividends	24	24	24	24	24	24
Net Income Common	75	90	51	-38	-298	15
Net Income Growth	8.70%	76.47%	-	-	-	-70.00%
Shares Outstanding (Basic)	85	84	84	83	82	83
Shares Outstanding (Diluted)	86	86	85	83	82	84
Shares Change	0.82%	0.71%	2.91%	0.61%	-2.26%	-8.61%
EPS (Basic)	0.88	1.07	0.61	-0.46	-3.63	0.18
EPS (Diluted)	0.86	1.05	0.60	-0.46	-3.63	0.18
EPS Growth	6.17%	75.00%	-	-	-	-66.67%
Free Cash Flow	232	167	-31	49	280	225
Free Cash Flow Per Share	2.74	1.98	-0.37	0.59	3.42	2.71
Gross Margin	20.22%	20.22%	18.14%	15.64%	16.84%	17.83%
Operating Margin	5.04%	5.48%	4.16%	0.26%	-10.16%	2.81%
Profit Margin	2.25%	2.64%	1.52%	-1.43%	-11.64%	0.41%
Free Cash Flow Margin	6.96%	4.89%	-0.92%	1.84%	10.94%	6.14%
Effective Tax Rate	25.56%	25.49%	31.82%	-	-	40.91%
EBITDA	206	225	173	52	-209	169
EBITDA Margin	6.18%	6.59%	5.14%	1.95%	-8.16%	4.61%
Depreciation & Amortization	40	40	39	43	46	63
EBIT	166	185	134	9	-255	106
EBIT Margin	4.98%	5.42%	3.98%	0.34%	-9.96%	2.89%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).