MRC Global (MRC) stock price, revenue, and financials

MRC Global market cap is $1.3 b, and annual revenue was $4.17 b in FY 2018

$1.3 B

MRC Mkt cap, 10-Jun-2019

$984 M

MRC Global Revenue Q2, 2019
MRC Global Gross profit (Q2, 2019)174 M
MRC Global Gross profit margin (Q2, 2019), %17.7%
MRC Global Net income (Q2, 2019)24 M
MRC Global EBIT (Q2, 2019)41 M
MRC Global Cash, 30-Jun-201935 M
MRC Global EV2 B

MRC Global Revenue

MRC Global revenue was $4.17 b in FY, 2018 which is a 14.4% year over year increase from the previous period.

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MRC Global Revenue Breakdown

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MRC Global revenue breakdown by business segment: 30.8% from Upstream, 40.2% from Midstream and 29.0% from Downstream

MRC Global revenue breakdown by geographic segment: 79.6% from U.S., 7.6% from Canada and 12.8% from International

MRC Global Income Statement

Annual

USDFY, 2016FY, 2017FY, 2018

Revenue

3.0b3.6b4.2b

Revenue growth, %

(33%)20%14%

Cost of goods sold

2.6b3.1b3.5b

Gross profit

468.0m582.0m689.0m

Gross profit Margin, %

15%16%17%

General and administrative expense

524.0m536.0m562.0m

Operating expense total

524.0m536.0m562.0m

EBIT

(56.0m)46.0m127.0m

EBIT margin, %

(2%)1%3%

Interest expense

35.0m31.0m38.0m

Pre tax profit

(91.0m)7.0m95.0m

Income tax expense

(8.0m)(43.0m)21.0m

Net Income

(83.0m)50.0m74.0m

Quarterly

USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q2, 2019

Revenue

783.0m746.0m793.0m862.0m922.0m959.0m1.0b1.1b1.1b984.0m

Cost of goods sold

650.0m621.0m705.0m722.0m773.0m807.0m841.0m905.0m899.0m810.0m

Gross profit

133.0m125.0m88.0m140.0m149.0m152.0m169.0m177.0m172.0m174.0m

Gross profit Margin, %

17%17%11%16%16%16%17%16%16%18%

General and administrative expense

137.0m135.0m124.0m126.0m132.0m130.0m138.0m136.0m140.0m133.0m

Operating expense total

137.0m135.0m124.0m126.0m132.0m130.0m138.0m136.0m140.0m133.0m

EBIT

(4.0m)(10.0m)(36.0m)14.0m17.0m22.0m31.0m41.0m32.0m41.0m

EBIT margin, %

(1%)(1%)(5%)2%2%2%3%4%3%4%

Interest expense

8.0m9.0m9.0m7.0m8.0m9.0m8.0m10.0m10.0m10.0m

Pre tax profit

(13.0m)(19.0m)(42.0m)7.0m9.0m5.0m25.0m30.0m24.0m32.0m

Income tax expense

(5.0m)(2.0m)(2.0m)1.0m3.0m2.0m7.0m8.0m8.0m

Net Income

(8.0m)(17.0m)(40.0m)6.0m6.0m3.0m18.0m22.0m24.0m24.0m

MRC Global Balance Sheet

Annual

USDFY, 2016FY, 2017FY, 2018

Cash

109.0m48.0m43.0m

Accounts Receivable

399.0m522.0m587.0m

Inventories

561.0m701.0m797.0m

Current Assets

1.1b1.3b1.5b

PP&E

135.0m147.0m140.0m

Goodwill

482.0m486.0m484.0m

Total Assets

2.2b2.3b2.4b

Accounts Payable

314.0m415.0m435.0m

Short-term debt

8.0m4.0m4.0m

Current Liabilities

433.0m562.0m569.0m

Long-term debt

406.0m522.0m680.0m

Total Debt

414.0m526.0m684.0m

Common Stock

1.0m1.0m1.0m

Preferred Stock

355.0m355.0m355.0m

Additional Paid-in Capital

1.7b1.7b1.7b

Retained Earnings

(574.0m)(548.0m)(498.0m)

Total Equity

763.0m759.0m692.0m

Debt to Equity Ratio

0.5 x0.7 x1 x

Debt to Assets Ratio

0.2 x0.2 x0.3 x

Financial Leverage

2.8 x3.1 x3.5 x

Quarterly

USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q2, 2019

Cash

121.0m167.0m213.0m93.0m37.0m40.0m45.0m31.0m29.0m35.0m

Accounts Receivable

470.0m430.0m448.0m476.0m522.0m578.0m621.0m676.0m674.0m627.0m

Inventories

720.0m689.0m581.0m567.0m592.0m649.0m811.0m872.0m849.0m798.0m

Current Assets

1.3b1.3b1.3b1.2b1.2b1.3b1.5b1.6b1.6b1.5b

PP&E

134.0m131.0m135.0m140.0m138.0m144.0m146.0m147.0m142.0m136.0m

Total Assets

2.4b2.4b2.3b2.2b2.2b2.3b2.5b2.6b2.6b2.6b

Accounts Payable

309.0m320.0m344.0m390.0m388.0m449.0m523.0m527.0m470.0m438.0m

Short-term debt

3.0m4.0m4.0m4.0m4.0m

Current Liabilities

417.0m432.0m451.0m510.0m510.0m567.0m663.0m667.0m605.0m572.0m

Long-term debt

444.0m635.0m704.0m715.0m734.0m

Total Debt

447.0m639.0m708.0m719.0m738.0m

Additional Paid-in Capital

1.7b1.7b1.7b1.7b1.7b1.7b1.7b1.7b1.7b1.7b

Retained Earnings

(481.0m)(504.0m)(550.0m)(574.0m)(574.0m)(577.0m)(536.0m)(520.0m)(502.0m)(468.0m)

Total Equity

922.0m865.0m805.0m752.0m765.0m776.0m743.0m750.0m773.0m672.0m

Debt to Equity Ratio

0.6 x0.9 x0.9 x0.9 x

Debt to Assets Ratio

0.2 x0.3 x0.3 x0.3 x

Financial Leverage

2.6 x2.8 x2.9 x3 x2.9 x3 x3.4 x3.5 x3.3 x3.9 x

MRC Global Cash Flow

Annual

USDFY, 2016FY, 2017FY, 2018

Net Income

(83.0m)50.0m74.0m

Depreciation and Amortization

69.0m67.0m68.0m

Accounts Receivable

128.0m(118.0m)(74.0m)

Inventories

141.0m(168.0m)(175.0m)

Accounts Payable

(13.0m)93.0m27.0m

Cash From Operating Activities

253.0m(48.0m)(11.0m)

Purchases of PP&E

(33.0m)(30.0m)(20.0m)

Cash From Investing Activities

16.0m(27.0m)(14.0m)

Long-term Borrowings

(149.0m)(714.0m)(1.1b)

Dividends Paid

(24.0m)(24.0m)(24.0m)

Cash From Financing Activities

(226.0m)9.0m24.0m

Net Change in Cash

43.0m(66.0m)(1.0m)

Interest Paid

30.0m27.0m37.0m

Income Taxes Paid

11.0m35.0m39.0m

Quarterly

USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q2, 2019

Net Income

(8.0m)(17.0m)(40.0m)6.0m12.0m15.0m18.0m40.0m64.0m42.0m

Depreciation and Amortization

11.0m16.0m6.0m12.0m17.0m11.0m

Accounts Receivable

470.0m430.0m448.0m476.0m(117.0m)(165.0m)(98.0m)(157.0m)(156.0m)(47.0m)

Inventories

(33.0m)(100.0m)(117.0m)(201.0m)(206.0m)

Accounts Payable

309.0m320.0m344.0m390.0m68.0m127.0m106.0m116.0m58.0m2.0m

Purchases of PP&E

(14.0m)(23.0m)(5.0m)(9.0m)(15.0m)(6.0m)

Cash From Investing Activities

(14.0m)(23.0m)(5.0m)(9.0m)(9.0m)(4.0m)

Long-term Borrowings

(223.0m)(468.0m)(194.0m)(475.0m)(808.0m)(513.0m)

Dividends Paid

(12.0m)(18.0m)(6.0m)(12.0m)(18.0m)(12.0m)

Cash From Financing Activities

(37.0m)(14.0m)76.0m134.0m139.0m(13.0m)

Interest Paid

13.0m21.0m8.0m18.0m27.0m20.0m

Income Taxes Paid

22.0m33.0m1.0m22.0m34.0m17.0m

MRC Global Ratios

USDY, 2019

EV/EBIT

45 x

Financial Leverage

3.9 x

MRC Global Operating Metrics

MRC Global's Backlog was reported to be $638m in FY, 2018. MRC Global's Enterprise Customers was reported to be 15 k in FY, 2018.
FY, 2016FY, 2017FY, 2018

Enterprise Customers

17 k16 k15 k

Stock Keeping Units

230 k170 k200 k

Suppliers

12 k11 k

Backlog

$749 m$832 m$638 m

Backlog (US)

$472 m$559 m$426 m

Backlog (Canada)

$36 m$40 m$35 m

Backlog (International)

$241 m$233 m$177 m

Branches

190 177 169

Engineering Centers

27 27 25

Distribution Centers

16 16 15

Locations

300 300 300

Countries

22 22 22

MRC Global Employee Rating

3.585 votes
Culture & Values
3.4
Work/Life Balance
3.5
Senior Management
3.2
Salary & Benefits
3.5
Career Opportunities
3.6
Source