MRC Historical Income Statement

MRC Stock

USD 12.70 0.48 3.64%

Historical analysis of MRC Global income statement accounts such as Gross Profit of 700.2 M can show how well MRC Global performed in making a profits. Evaluating MRC Global income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of MRC Global's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining MRC Global latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether MRC Global is a good buy for the upcoming year.

Net Income Gross Profit

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MRC Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For information on how to trade MRC Stock refer to our How to Trade MRC Stock guide.

About MRC Income Statement Analysis

MRC Global Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to MRC Global shareholders. The income statement also shows MRC investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

MRC Global Income Statement Chart

At present, MRC Global's Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 700.2 M, whereas Total Revenue is forecasted to decline to about 3 B.

Selling General Administrative Operating Income Cost Of Revenue

Operating Income

Operating Income is the amount of profit realized from MRC Global operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of MRC Global is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Cost Of Revenue

Cost of Revenue is found on MRC Global income statement and represents the costs associated with goods and services MRC Global provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Most accounts from MRC Global's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into MRC Global current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MRC Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For information on how to trade MRC Stock refer to our How to Trade MRC Stock guide.At present, MRC Global's Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 700.2 M, whereas Total Revenue is forecasted to decline to about 3 B.

	2021	2022	2023	2024 (projected)
Gross Profit	417M	610M	690M	700.2M
Total Revenue	2.7B	3.4B	3.4B	3.0B

Gross Profit Total Revenue

MRC Global income statement Correlations

	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Operating Income	Cost Of Revenue	Income Before Tax	Net Income	Income Tax Expense	Minority Interest	Depreciation And Amortization	Other Operating Expenses	Ebit	Ebitda	Total Operating Expenses	Total Other Income Expense Net	Net Income From Continuing Ops	Non Operating Income Net Other	Non Recurring	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Extraordinary Items
Interest Expense		0.5	0.74	0.64	0.45	0.76	0.2	0.18	0.28	-0.37	0.4	0.67	0.54	0.55	0.45	0.19	0.2	-0.53	0.56	-0.2	0.51	-0.32	0.37	0.42
Selling General Administrative	0.5		0.86	0.85	0.23	0.85	0.14	0.12	0.2	-0.76	0.57	0.63	0.42	0.46	0.84	0.31	0.17	-0.29	0.08	-0.03	0.26	-0.33	0.27	0.2
Total Revenue	0.74	0.86		0.94	0.46	1.0	0.32	0.27	0.43	-0.48	0.68	0.91	0.73	0.76	0.9	0.15	0.3	-0.49	0.5	-0.21	0.58	-0.39	0.49	0.47
Gross Profit	0.64	0.85	0.94		0.55	0.93	0.43	0.38	0.56	-0.46	0.56	0.85	0.79	0.81	0.84	0.12	0.4	-0.55	0.47	0.0	0.48	-0.4	0.32	0.33
Operating Income	0.45	0.23	0.46	0.55		0.44	0.9	0.86	0.78	0.01	0.06	0.51	0.63	0.61	0.28	0.47	0.86	-0.47	0.66	0.15	0.21	-0.18	0.04	0.08
Cost Of Revenue	0.76	0.85	1.0	0.93	0.44		0.3	0.26	0.4	-0.49	0.69	0.91	0.71	0.74	0.89	0.16	0.28	-0.47	0.5	-0.23	0.59	-0.39	0.5	0.48
Income Before Tax	0.2	0.14	0.32	0.43	0.9	0.3		0.99	0.77	0.12	0.04	0.41	0.66	0.64	0.21	0.4	0.98	-0.25	0.53	0.28	0.12	-0.2	0.02	0.04
Net Income	0.18	0.12	0.27	0.38	0.86	0.26	0.99		0.66	0.09	0.01	0.35	0.61	0.58	0.16	0.45	1.0	-0.22	0.45	0.27	0.05	-0.19	0.02	0.02
Income Tax Expense	0.28	0.2	0.43	0.56	0.78	0.4	0.77	0.66		0.15	0.15	0.54	0.69	0.68	0.33	0.1	0.65	-0.31	0.7	0.28	0.35	-0.18	0.01	0.07
Minority Interest	-0.37	-0.76	-0.48	-0.46	0.01	-0.49	0.12	0.09	0.15		-0.01	-0.08	0.02	0.02	-0.36	-0.57	0.02	0.09	0.38	-0.16	0.29	-0.12	0.2	0.26
Depreciation And Amortization	0.4	0.57	0.68	0.56	0.06	0.69	0.04	0.01	0.15	-0.01		0.8	0.45	0.52	0.82	-0.24	0.0	-0.2	0.48	-0.53	0.85	-0.69	0.89	0.76
Other Operating Expenses	0.67	0.63	0.91	0.85	0.51	0.91	0.41	0.35	0.54	-0.08	0.8		0.82	0.86	0.86	-0.09	0.34	-0.49	0.75	-0.33	0.81	-0.52	0.67	0.67
Ebit	0.54	0.42	0.73	0.79	0.63	0.71	0.66	0.61	0.69	0.02	0.45	0.82		1.0	0.6	-0.14	0.6	-0.58	0.65	0.03	0.57	-0.39	0.37	0.43
Ebitda	0.55	0.46	0.76	0.81	0.61	0.74	0.64	0.58	0.68	0.02	0.52	0.86	1.0		0.65	-0.15	0.58	-0.58	0.67	-0.02	0.62	-0.44	0.43	0.48
Total Operating Expenses	0.45	0.84	0.9	0.84	0.28	0.89	0.21	0.16	0.33	-0.36	0.82	0.86	0.6	0.65		0.03	0.18	-0.35	0.39	-0.29	0.62	-0.51	0.61	0.53
Total Other Income Expense Net	0.19	0.31	0.15	0.12	0.47	0.16	0.4	0.45	0.1	-0.57	-0.24	-0.09	-0.14	-0.15	0.03		0.5	0.11	-0.11	0.2	-0.42	0.18	-0.27	-0.37
Net Income From Continuing Ops	0.2	0.17	0.3	0.4	0.86	0.28	0.98	1.0	0.65	0.02	0.0	0.34	0.6	0.58	0.18	0.5		-0.22	0.42	0.28	0.01	-0.15	0.0	-0.01
Non Operating Income Net Other	-0.53	-0.29	-0.49	-0.55	-0.47	-0.47	-0.25	-0.22	-0.31	0.09	-0.2	-0.49	-0.58	-0.58	-0.35	0.11	-0.22		-0.42	0.19	-0.33	0.13	-0.22	-0.36
Non Recurring	0.56	0.08	0.5	0.47	0.66	0.5	0.53	0.45	0.7	0.38	0.48	0.75	0.65	0.67	0.39	-0.11	0.42	-0.42		-0.37	0.74	-0.32	0.49	0.65
Tax Provision	-0.2	-0.03	-0.21	0.0	0.15	-0.23	0.28	0.27	0.28	-0.16	-0.53	-0.33	0.03	-0.02	-0.29	0.2	0.28	0.19	-0.37		-0.47	0.01	-0.63	-0.76
Interest Income	0.51	0.26	0.58	0.48	0.21	0.59	0.12	0.05	0.35	0.29	0.85	0.81	0.57	0.62	0.62	-0.42	0.01	-0.33	0.74	-0.47		-0.69	0.86	0.77
Net Interest Income	-0.32	-0.33	-0.39	-0.4	-0.18	-0.39	-0.2	-0.19	-0.18	-0.12	-0.69	-0.52	-0.39	-0.44	-0.51	0.18	-0.15	0.13	-0.32	0.01	-0.69		-0.72	-0.39
Reconciled Depreciation	0.37	0.27	0.49	0.32	0.04	0.5	0.02	0.02	0.01	0.2	0.89	0.67	0.37	0.43	0.61	-0.27	0.0	-0.22	0.49	-0.63	0.86	-0.72		0.81
Extraordinary Items	0.42	0.2	0.47	0.33	0.08	0.48	0.04	0.02	0.07	0.26	0.76	0.67	0.43	0.48	0.53	-0.37	-0.01	-0.36	0.65	-0.76	0.77	-0.39	0.81

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MRC Global Account Relationship Matchups

MRC Global income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Interest Expense	40M	28M	23M	24M	32M	43.6M
Selling General Administrative	550M	449M	410M	470M	503M	540.2M
Total Revenue	3.7B	2.6B	2.7B	3.4B	3.4B	3.0B
Gross Profit	653M	431M	417M	610M	690M	700.2M
Operating Income	103M	(13M)	7M	140M	187M	196.4M
Cost Of Revenue	3.0B	2.1B	2.2B	2.8B	2.7B	2.5B
Income Before Tax	66M	(283M)	(14M)	110M	153M	160.7M
Net Income Applicable To Common Shares	15M	(298M)	(38M)	51M	45.9M	48.2M
Net Income	39M	(274M)	(39M)	75M	114M	119.7M
Income Tax Expense	27M	(9M)	25M	35M	39M	41.0M
Depreciation And Amortization	66M	46M	43M	39M	40M	50.7M
Other Operating Expenses	3.6B	2.6B	2.7B	3.2B	3.2B	3.1B
Ebit	134M	103M	(255M)	9M	185M	99.4M
Ebitda	169M	(209M)	52M	173M	225M	150.1M
Total Operating Expenses	550M	449M	410M	470M	503M	423.8M
Total Other Income Expense Net	(37M)	(23M)	(21M)	(30M)	(34M)	(35.7M)
Net Income From Continuing Ops	39M	(274M)	(14M)	75M	114M	119.7M
Non Operating Income Net Other	3M	5M	2M	(6M)	(6.9M)	(7.2M)
Tax Provision	27M	(9M)	(3M)	35M	39M	41.0M
Interest Income	40M	28M	23M	24M	21.6M	26.7M
Net Interest Income	(40M)	(28M)	(23M)	(24M)	(32M)	(33.6M)
Reconciled Depreciation	63M	46M	43M	39M	40M	41.8M

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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:

How To Invest In MRC

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Is MRC Stock a good investment?

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What is MRC Global's Net Worth?

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For information on how to trade MRC Stock refer to our How to Trade MRC Stock guide.

You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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.

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MRC Historical Income Statement

About MRC Income Statement Analysis

MRC Global Income Statement Chart

Operating Income

Cost Of Revenue

MRC Global income statement Correlations

MRC Global Account Relationship Matchups

High Positive Relationship

High Negative Relationship

MRC Global income statement Accounts

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Cost Of Revenue	+ 1.0	Total Revenue
Net Income From Continuing Ops	+ 1.0	Net Income
Ebitda	+ 1.0	Ebit
Net Income	+ 0.99	Income Before Tax
Net Income From Continuing Ops	+ 0.98	Income Before Tax
Gross Profit	+ 0.94	Total Revenue

Extraordinary Items	- 0.76	Tax Provision
Minority Interest	- 0.76	Selling General Administrative
Reconciled Depreciation	- 0.72	Net Interest Income
Net Interest Income	- 0.69	Interest Income
Net Interest Income	- 0.69	Depreciation And Amortization
Reconciled Depreciation	- 0.63	Tax Provision