MRC Change To Netincome from 2010 to 2024

MRC Stock  USD 12.55  0.06  0.48%   
MRC Global's Change To Netincome is increasing over the years with very volatile fluctuation. Change To Netincome is expected to dwindle to about 64.1 M. During the period from 2010 to 2024 MRC Global Change To Netincome annual values regression line had coefficient of variation of  145.26 and r-squared of  0. View All Fundamentals
 
Change To Netincome  
First Reported
2007-12-31
Previous Quarter
11 M
Current Value
-7 M
Quarterly Volatility
49.9 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MRC Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MRC Global's main balance sheet or income statement drivers, such as Interest Expense of 43.6 M, Selling General Administrative of 540.2 M or Total Revenue of 3 B, as well as many indicators such as Price To Sales Ratio of 0.41, Dividend Yield of 0.0158 or PTB Ratio of 1.74. MRC financial statements analysis is a perfect complement when working with MRC Global Valuation or Volatility modules.
  
Check out the analysis of MRC Global Correlation against competitors.
For information on how to trade MRC Stock refer to our How to Trade MRC Stock guide.

Latest MRC Global's Change To Netincome Growth Pattern

Below is the plot of the Change To Netincome of MRC Global over the last few years. It is MRC Global's Change To Netincome historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MRC Global's overall financial position and show how it may be relating to other accounts over time.
Change To Netincome10 Years Trend
Very volatile
   Change To Netincome   
       Timeline  

MRC Change To Netincome Regression Statistics

Arithmetic Mean60,547,517
Coefficient Of Variation145.26
Mean Deviation52,441,549
Median64,124,754
Standard Deviation87,948,682
Sample Variance7735T
Range367M
R-Value0.05
Mean Square Error8309.8T
R-Squared0
Significance0.86
Slope967,622
Total Sum of Squares108289.6T

MRC Change To Netincome History

202464.1 M
202386.2 M
202275 M
202173 M
202017 M
201921 M
201877 M

About MRC Global Financial Statements

MRC Global stakeholders use historical fundamental indicators, such as MRC Global's Change To Netincome, to determine how well the company is positioned to perform in the future. Although MRC Global investors may analyze each financial statement separately, they are all interrelated. For example, changes in MRC Global's assets and liabilities are reflected in the revenues and expenses on MRC Global's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in MRC Global. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Change To Netincome86.2 M64.1 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether MRC Global offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MRC Global's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mrc Global Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mrc Global Stock:
Check out the analysis of MRC Global Correlation against competitors.
For information on how to trade MRC Stock refer to our How to Trade MRC Stock guide.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Trading Companies & Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MRC Global. If investors know MRC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MRC Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.18)
Earnings Share
0.87
Revenue Per Share
37.771
Quarterly Revenue Growth
(0.10)
Return On Assets
0.0505
The market value of MRC Global is measured differently than its book value, which is the value of MRC that is recorded on the company's balance sheet. Investors also form their own opinion of MRC Global's value that differs from its market value or its book value, called intrinsic value, which is MRC Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MRC Global's market value can be influenced by many factors that don't directly affect MRC Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MRC Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if MRC Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MRC Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.