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MRC Global Inc. (MRC)
Key financial summary
Financials in USD| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | $m | 3,662 | 2,560 | 2,666 | 3,197 | 3,412 | 3,011 | 2,764 |
| Operating profit | $m | 135 | 49 | |||||
| Net profit | $m | 39 | -274 | -14 | 75 | 114 | 55 | -41 |
| EPS reported | $ | 0.30 | -0.69 | |||||
| Operating cashflow per share | $ | 3.24 | -0.79 | |||||
| Capex per share | $ | 0.33 | 0.36 | |||||
| FCF per share | $ | 2.91 | -1.15 | |||||
| Free cash flow | $m | 248 | -23 | |||||
| Net debt | $m | 324 | 417 | |||||
| Book value equity | $m | 516 | 531 | |||||
| Book value per share | $ | 5.96 | 6.28 | |||||
| Number of shares | m | 86.6 | 84.5 | |||||
| DPS (TTM paid) | $ | 0.27 | 0.00 |
Financial summary
Financials in USD| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | 42.60 | - | |||||
| P/B LTM | x | 2.11 | 2.21 | |||||
| P/S LTM | x | 0.36 | 0.42 | |||||
| P/FCF LTM | x | 4.39 | -50.93 | |||||
| EV/EBITDA LTM | x | 9.33 | 17.08 | |||||
| EV/Sales LTM | x | 0.53 | 0.57 | |||||
| Earnings Yield LTM | % | 2.35% | -1.55% | |||||
| FCF Yield | % | 22.80% | -1.96% | |||||
| Quality | ||||||||
| ROE | % | 10.66% | -3.39% | |||||
| ROIC | % | 8.72% | 2.48% | |||||
| Operating margin | % | 4.48% | 1.65% | |||||
| Gross margin | % | 20.59% | 19.10% | |||||
| FCF/Sales | % | 8.24% | -4.43% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | -71.43% | - | |||||
| Sales Growth YoY | % | -11.75% | -13.71% | |||||
| Net Income Growth YoY | % | -51.75% | - | |||||
| FCF Growth | % | +49.40% | - | |||||
| Operating Profit Growth | % | -27.81% | -67.33% | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 2.11% | 0.00% | |||||
| Dividend Growth | % | - | - | |||||
| Payout Ratio | % | 41.82% | -8.44% | |||||
| FCF/Debt | x | 0.43 | -0.03 | |||||
| Net Debt/EBITDA | x | 2.97 | 8.09 | |||||
| EBIT/Net interest | x | 5.19 | 1.24 | |||||
| Net debt/market cap | % | 29.79% | 35.60% | |||||
| Net debt/Equity | x | 0.63 | 0.79 | |||||
| Gross debt/equity | x | 1.11 | 1.24 | |||||
Company overview
MRC Global Inc., a company established in Houston, Texas, in 1921 (and previously known as McJunkin Red Man Holding Corporation until its name change in January 2012), serves as a global distributor of essential infrastructure products and services. The firm primarily supplies a comprehensive range of pipes, valves, and fittings to the energy, industrial, and gas utility sectors across the United States, Canada, and various international markets. Its extensive product catalog encompasses a diverse selection of valves, including ball, butterfly, gate, globe, check, diaphragm, needle, and plug types. Beyond these, MRC Global also provides specialized items such as lined corrosion-resistant piping systems, control valves, valve automation components, and top work accessories, alongside measurement, steam, and instrumentation products. The company's offerings extend to carbon steel fittings and flanges, including weld fittings and piping components, as well as an array of stainless steel, alloy, and corrosion-resistant pipes, tubing, fittings, and flanges, and carbon line pipes. For natural gas distribution, the firm supplies crucial items like risers, meters, polyethylene pipes and fittings, and other industrial components. Additionally, it offers oilfield and industrial supplies, including high-density polyethylene pipes, fittings, and rods, alongside specialized production equipment such as tanks and separators. MRC Global complements its product distribution with a wide spectrum of services. These encompass product testing, manufacturer assessments, frequent deliveries (including multiple daily drops), bulk purchasing options, comprehensive inventory and zone store management, warehousing, technical support, and training. Further services include just-in-time delivery, truck stocking, order consolidation, product tagging, system integration, and critical valve inspection and repair, often provided under its proprietary ValidTorque and FastTrack programs. These robust products are integral to the construction, ongoing maintenance, repair, and overhaul of equipment designed to operate in demanding conditions, such as high pressure, extreme temperatures (both high and low), and highly corrosive or abrasive environments.
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For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
MRC Global Inc. (MRC)
MRC Global Inc., a company established in Houston, Texas, in 1921 (and previously known as McJunkin Red Man Holding Corporation until its name change in January 2012), serves as a global distributor of essential infrastructure products and services. The firm primarily supplies a comprehensive range of pipes, valves, and fittings to the energy, industrial, and gas utility sectors across the United States, Canada, and various international markets. Its extensive product catalog encompasses a diverse selection of valves, including ball, butterfly, gate, globe, check, diaphragm, needle, and plug types. Beyond these, MRC Global also provides specialized items such as lined corrosion-resistant piping systems, control valves, valve automation components, and top work accessories, alongside measurement, steam, and instrumentation products. The company's offerings extend to carbon steel fittings and flanges, including weld fittings and piping components, as well as an array of stainless steel, alloy, and corrosion-resistant pipes, tubing, fittings, and flanges, and carbon line pipes. For natural gas distribution, the firm supplies crucial items like risers, meters, polyethylene pipes and fittings, and other industrial components. Additionally, it offers oilfield and industrial supplies, including high-density polyethylene pipes, fittings, and rods, alongside specialized production equipment such as tanks and separators. MRC Global complements its product distribution with a wide spectrum of services. These encompass product testing, manufacturer assessments, frequent deliveries (including multiple daily drops), bulk purchasing options, comprehensive inventory and zone store management, warehousing, technical support, and training. Further services include just-in-time delivery, truck stocking, order consolidation, product tagging, system integration, and critical valve inspection and repair, often provided under its proprietary ValidTorque and FastTrack programs. These robust products are integral to the construction, ongoing maintenance, repair, and overhaul of equipment designed to operate in demanding conditions, such as high pressure, extreme temperatures (both high and low), and highly corrosive or abrasive environments.
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