MRC Global Past Earnings Performance

Past criteria checks 2/6

MRC Global has been growing earnings at an average annual rate of 54.8%, while the Trade Distributors industry saw earnings growing at 23% annually. Revenues have been growing at an average rate of 1.5% per year. MRC Global's return on equity is 10.9%, and it has net margins of 2.3%.

Key information

54.8%

Earnings growth rate

54.8%

EPS growth rate

Trade Distributors Industry Growth23.4%
Revenue growth rate1.5%
Return on equity10.9%
Net Margin2.3%
Next Earnings Update12 Feb 2025

Recent past performance updates

MRC Global (NYSE:MRC) Is Posting Promising Earnings But The Good News Doesn’t Stop There

May 21
MRC Global (NYSE:MRC) Is Posting Promising Earnings But The Good News Doesn’t Stop There

Recent updates

Is Now An Opportune Moment To Examine MRC Global Inc. (NYSE:MRC)?

Jan 06
Is Now An Opportune Moment To Examine MRC Global Inc. (NYSE:MRC)?

MRC Global: Improvements For This Structural Underperformer

Dec 20

Does MRC Global (NYSE:MRC) Have A Healthy Balance Sheet?

Nov 24
Does MRC Global (NYSE:MRC) Have A Healthy Balance Sheet?

Does MRC Global (NYSE:MRC) Have A Healthy Balance Sheet?

Jul 15
Does MRC Global (NYSE:MRC) Have A Healthy Balance Sheet?

The Return Trends At MRC Global (NYSE:MRC) Look Promising

Jun 30
The Return Trends At MRC Global (NYSE:MRC) Look Promising

Sentiment Still Eluding MRC Global Inc. (NYSE:MRC)

Jun 08
Sentiment Still Eluding MRC Global Inc. (NYSE:MRC)

MRC Global (NYSE:MRC) Is Posting Promising Earnings But The Good News Doesn’t Stop There

May 21
MRC Global (NYSE:MRC) Is Posting Promising Earnings But The Good News Doesn’t Stop There

MRC Global Inc. Just Beat EPS By 15%: Here's What Analysts Think Will Happen Next

May 12
MRC Global Inc. Just Beat EPS By 15%: Here's What Analysts Think Will Happen Next

MRC Global: Gas Demand From The Housing Market, Multi-Year Agreements, And Cheap

Mar 20

The Return Trends At MRC Global (NYSE:MRC) Look Promising

Feb 15
The Return Trends At MRC Global (NYSE:MRC) Look Promising

Alluvial Capital - MRC Global: Continued M&A Unfeasible Given Ongoing Litigation Risks

Feb 08

These 4 Measures Indicate That MRC Global (NYSE:MRC) Is Using Debt Reasonably Well

Nov 11
These 4 Measures Indicate That MRC Global (NYSE:MRC) Is Using Debt Reasonably Well

MRC Global: Exploring A Potential Sale Of The Company

Nov 01

These 4 Measures Indicate That MRC Global (NYSE:MRC) Is Using Debt Reasonably Well

Aug 09
These 4 Measures Indicate That MRC Global (NYSE:MRC) Is Using Debt Reasonably Well

MRC Global Stock Seems Too Cheap To Ignore

Jul 28

MRC Global (NYSE:MRC) Shareholders Will Want The ROCE Trajectory To Continue

Jul 07
MRC Global (NYSE:MRC) Shareholders Will Want The ROCE Trajectory To Continue

Is MRC Global (NYSE:MRC) Using Too Much Debt?

Apr 10
Is MRC Global (NYSE:MRC) Using Too Much Debt?

The Return Trends At MRC Global (NYSE:MRC) Look Promising

Mar 13
The Return Trends At MRC Global (NYSE:MRC) Look Promising

MRC Global GAAP EPS of $0.18 beats by $0.03, revenue of $869M misses by $3.17M

Feb 13

Is MRC Global (NYSE:MRC) A Risky Investment?

Dec 10
Is MRC Global (NYSE:MRC) A Risky Investment?

MRC Global (NYSE:MRC) Shareholders Will Want The ROCE Trajectory To Continue

Nov 10
MRC Global (NYSE:MRC) Shareholders Will Want The ROCE Trajectory To Continue

MRC Global: Not There Yet

Oct 15

Morguard renews buyback program

Sep 16

Is MRC Global (NYSE:MRC) Using Too Much Debt?

Aug 29
Is MRC Global (NYSE:MRC) Using Too Much Debt?

MRC Global (NYSE:MRC) Is Experiencing Growth In Returns On Capital

Jul 25
MRC Global (NYSE:MRC) Is Experiencing Growth In Returns On Capital

These 4 Measures Indicate That MRC Global (NYSE:MRC) Is Using Debt Extensively

May 15
These 4 Measures Indicate That MRC Global (NYSE:MRC) Is Using Debt Extensively

Returns On Capital Are Showing Encouraging Signs At MRC Global (NYSE:MRC)

Apr 09
Returns On Capital Are Showing Encouraging Signs At MRC Global (NYSE:MRC)

MRC Global: Justifiably Cheap

Mar 03

Revenue & Expenses Breakdown

How MRC Global makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:MRC Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 243,203754990
30 Jun 243,294814980
31 Mar 243,333755060
31 Dec 233,412905030
30 Sep 233,513905010
30 Jun 233,529794940
31 Mar 233,506694850
31 Dec 223,363514700
30 Sep 223,180264520
30 Jun 222,961-94340
31 Mar 222,799-194160
31 Dec 212,666-384100
30 Sep 212,559-393980
30 Jun 212,459-253910
31 Mar 212,375-3103930
31 Dec 202,560-2984490
30 Sep 202,747-3174620
30 Jun 203,104-2994990
31 Mar 203,48665280
31 Dec 193,662155500
30 Sep 193,905495480
30 Jun 194,034525560
31 Mar 194,132505590
31 Dec 184,172505620
30 Sep 184,066755480
30 Jun 183,954545380
31 Mar 183,794385340
31 Dec 173,646265360
30 Sep 173,462-275010
30 Jun 173,296-704840
31 Mar 173,120-934760
31 Dec 163,041-1075040
30 Sep 163,289-4814930
30 Jun 163,568-4255140
31 Mar 164,020-3875320
31 Dec 154,529-3445550
30 Sep 155,074855860
30 Jun 155,6201256180
31 Mar 155,9201506440
31 Dec 145,9331446560
30 Sep 145,7651366220
30 Jun 145,4611256170
31 Mar 145,2311296020

Quality Earnings: MRC has high quality earnings.

Growing Profit Margin: MRC's current net profit margins (2.3%) are lower than last year (2.6%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: MRC has become profitable over the past 5 years, growing earnings by 54.8% per year.

Accelerating Growth: MRC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: MRC had negative earnings growth (-16.7%) over the past year, making it difficult to compare to the Trade Distributors industry average (-6.2%).


Return on Equity

High ROE: MRC's Return on Equity (10.9%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/06 22:39
End of Day Share Price 2025/02/06 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

MRC Global Inc. is covered by 26 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David MantheyBaird
James WestBarclays
Robert NorfleetBB&T Capital Markets