This page shows Mrc Global Inc (MRC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Mrc Global Inc has an operating margin of 4.5%, meaning the company retains $4 of operating profit per $100 of revenue. This below-average margin results in a low score of 22/100, suggesting thin profitability after operating expenses. This is down from 5.8% the prior year.
Mrc Global Inc's revenue declined 7.8% year-over-year, from $3.3B to $3.0B. This contraction results in a growth score of 6/100.
Mrc Global Inc carries a low D/E ratio of 0.74, meaning only $0.74 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 84/100, indicating a strong balance sheet with room for future borrowing.
Mrc Global Inc's current ratio of 1.81 indicates adequate short-term liquidity, earning a score of 53/100. The company can meet its near-term obligations, though with limited headroom.
Mrc Global Inc has a free cash flow margin of 8.2%, earning a moderate score of 41/100. The company generates positive cash flow after capital investments, but with room for improvement.
Mrc Global Inc's ROE of 10.7% shows moderate profitability relative to equity, earning a score of 43/100. This is down from 23.4% the prior year.
Mrc Global Inc scores 2.51, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.
Mrc Global Inc passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Mrc Global Inc generates $5.02 in operating cash flow ($276.0M OCF vs $55.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Mrc Global Inc earns $5.2 in operating income for every $1 of interest expense ($135.0M vs $26.0M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Mrc Global Inc generated $3.0B in revenue in fiscal year 2024. This represents a decrease of 7.8% from the prior year.
Mrc Global Inc's EBITDA was $156.0M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 24.6% from the prior year.
Mrc Global Inc generated $248.0M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 48.5% from the prior year.
Mrc Global Inc reported $55.0M in net income in fiscal year 2024. This represents a decrease of 51.8% from the prior year.
Mrc Global Inc earned $0.30 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 71.4% from the prior year.
Mrc Global Inc held $63.0M in cash against $384.0M in long-term debt as of fiscal year 2024.
Mrc Global Inc's gross margin was 20.6% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 0.1 percentage points from the prior year.
Mrc Global Inc's operating margin was 4.5% in fiscal year 2024, reflecting core business profitability. This is down 1.3 percentage points from the prior year.
Mrc Global Inc's net profit margin was 1.8% in fiscal year 2024, showing the share of revenue converted to profit. This is down 1.7 percentage points from the prior year.
Mrc Global Inc's ROE was 10.7% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 12.7 percentage points from the prior year.
Mrc Global Inc invested $28.0M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 100.0% from the prior year.
MRC Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $678.0M-15.0% | $798.0M+12.1% | $712.0M+7.2% | $664.0M-16.9% | $799.0M+2.8% | $777.0M+24.9% | $622.0M-30.0% | $888.0M |
| Cost of Revenue | $553.0M-14.5% | $647.0M+13.5% | $570.0M+7.8% | $529.0M-16.0% | $630.0M+1.9% | $618.0M+26.4% | $489.0M-30.6% | $705.0M |
| Gross Profit | $125.0M-17.2% | $151.0M+6.3% | $142.0M+5.2% | $135.0M-20.1% | $169.0M+6.3% | $159.0M+19.5% | $133.0M-27.3% | $183.0M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $128.0M-1.5% | $130.0M+4.8% | $124.0M+0.8% | $123.0M+0.8% | $122.0M+1.7% | $120.0M+15.4% | $104.0M-17.5% | $126.0M |
| Operating Income | -$3.0M-114.3% | $21.0M+16.7% | $18.0M+50.0% | $12.0M-74.5% | $47.0M+20.5% | $39.0M+34.5% | $29.0M-49.1% | $57.0M |
| Interest Expense | $10.0M0.0% | $10.0M+11.1% | $9.0M+28.6% | $7.0M0.0% | $7.0M-12.5% | $8.0M+33.3% | $6.0M-33.3% | $9.0M |
| Income Tax | -$4.0M-180.0% | $5.0M+400.0% | $1.0M-75.0% | $4.0M-66.7% | $12.0M+50.0% | $8.0M+300.0% | $2.0M-85.7% | $14.0M |
| Net Income | -$9.0M-169.2% | $13.0M+159.1% | -$22.0M+4.3% | -$23.0M-176.7% | $30.0M+57.9% | $19.0M-9.5% | $21.0M-40.0% | $35.0M |
| EPS (Diluted) | $-0.11-173.3% | $0.15+157.7% | $-0.26+35.0% | $-0.40-242.9% | $0.28+86.7% | $0.15-16.7% | $0.18-45.5% | $0.33 |
MRC Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.8B+1.2% | $1.8B+4.1% | $1.7B+4.9% | $1.6B-9.1% | $1.8B-6.9% | $1.9B+1.8% | $1.9B-3.7% | $2.0B |
| Current Assets | $1.1B+2.5% | $1.1B+7.9% | $999.0M+8.5% | $921.0M-14.5% | $1.1B-10.5% | $1.2B+4.2% | $1.2B-5.7% | $1.2B |
| Cash & Equivalents | $59.0M-21.3% | $75.0M+19.0% | $63.0M0.0% | $63.0M+28.6% | $49.0M-66.4% | $146.0M+11.5% | $131.0M+151.9% | $52.0M |
| Inventory | $523.0M+6.7% | $490.0M+6.5% | $460.0M+10.8% | $415.0M-18.5% | $509.0M-6.8% | $546.0M+6.8% | $511.0M-17.6% | $620.0M |
| Accounts Receivable | $473.0M+0.9% | $469.0M+6.1% | $442.0M+16.9% | $378.0M-21.4% | $481.0M+0.6% | $478.0M+16.6% | $410.0M-20.8% | $518.0M |
| Goodwill | $264.0M0.0% | $264.0M0.0% | $264.0M0.0% | $264.0M0.0% | $264.0M0.0% | $264.0M0.0% | $264.0M0.0% | $264.0M |
| Total Liabilities | $1.3B+2.1% | $1.2B+5.0% | $1.2B+6.4% | $1.1B-12.3% | $1.3B-11.3% | $1.4B+1.9% | $1.4B-6.5% | $1.5B |
| Current Liabilities | $588.0M+0.2% | $587.0M-1.0% | $593.0M+16.7% | $508.0M-1.7% | $517.0M-36.5% | $814.0M+4.0% | $783.0M+32.7% | $590.0M |
| Long-Term Debt | $472.0M+6.1% | $445.0M+21.3% | $367.0M-4.4% | $384.0M+152.6% | $152.0M+4966.7% | $3.0M-66.7% | $9.0M-97.0% | $300.0M |
| Total Equity | $531.0M-0.9% | $536.0M+2.1% | $525.0M+1.7% | $516.0M-1.3% | $523.0M+5.7% | $495.0M+1.4% | $488.0M+5.4% | $463.0M |
| Retained Earnings | -$670.0M-1.4% | -$661.0M+1.9% | -$674.0M-3.4% | -$652.0M-1.7% | -$641.0M+3.6% | -$665.0M+1.9% | -$678.0M+2.2% | -$693.0M |
MRC Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$37.0M+15.9% | -$44.0M-414.3% | $14.0M-82.3% | $79.0M+25.4% | $63.0M+65.8% | $38.0M-57.3% | $89.0M-12.7% | $102.0M |
| Capital Expenditures | $6.0M-60.0% | $15.0M+66.7% | $9.0M+80.0% | $5.0M-37.5% | $8.0M+33.3% | $6.0M+50.0% | $4.0M-20.0% | $5.0M |
| Free Cash Flow | -$43.0M+27.1% | -$59.0M-1280.0% | $5.0M-93.2% | $74.0M+34.5% | $55.0M+71.9% | $32.0M-62.4% | $85.0M-12.4% | $97.0M |
| Investing Cash Flow | -$5.0M+50.0% | -$10.0M-225.0% | $8.0M+260.0% | -$5.0M+37.5% | -$8.0M-60.0% | -$5.0M-150.0% | -$2.0M+71.4% | -$7.0M |
| Financing Cash Flow | $26.0M-58.1% | $62.0M+369.6% | -$23.0M+68.1% | -$72.0M+52.6% | -$152.0M-794.1% | -$17.0M-88.9% | -$9.0M+87.7% | -$73.0M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $0 | N/A | N/A | $0 | N/A | N/A | N/A | N/A |
MRC Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 18.4%-0.5pp | 18.9%-1.0pp | 19.9%-0.4pp | 20.3%-0.8pp | 21.1%+0.7pp | 20.5%-0.9pp | 21.4%+0.8pp | 20.6% |
| Operating Margin | -0.4%-3.1pp | 2.6%+0.1pp | 2.5%+0.7pp | 1.8%-4.1pp | 5.9%+0.9pp | 5.0%+0.4pp | 4.7%-1.8pp | 6.4% |
| Net Margin | -1.3%-3.0pp | 1.6%+4.7pp | -3.1%+0.4pp | -3.5%-7.2pp | 3.8%+1.3pp | 2.5%-0.9pp | 3.4%-0.6pp | 3.9% |
| Return on Equity | N/A | 2.4% | N/A | 5.2%-0.5pp | 5.7%+1.9pp | 3.8%-0.5pp | 4.3%-3.3pp | 7.6% |
| Return on Assets | -0.5%-1.2pp | 0.7%+2.0pp | -1.3%+0.1pp | -1.4%-3.1pp | 1.7%+0.7pp | 1.0%-0.1pp | 1.1%-0.7pp | 1.8% |
| Current Ratio | 1.88+0.0 | 1.84+0.2 | 1.68-0.1 | 1.81-0.3 | 2.08+0.6 | 1.480.0 | 1.48-0.6 | 2.08 |
| Debt-to-Equity | 0.89+0.1 | 0.83+0.1 | 0.70-0.0 | 0.74+0.5 | 0.29+0.3 | 0.01-0.0 | 0.02-0.6 | 0.65 |
| FCF Margin | -6.3%+1.0pp | -7.4%-8.1pp | 0.7%-10.4pp | 11.1%+4.3pp | 6.9%+2.8pp | 4.1%-9.5pp | 13.7%+2.7pp | 10.9% |
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Frequently Asked Questions
What is Mrc Global Inc's annual revenue?
Mrc Global Inc (MRC) reported $3.0B in total revenue for fiscal year 2024. This represents a -7.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Mrc Global Inc's revenue growing?
Mrc Global Inc (MRC) revenue declined by 7.8% year-over-year, from $3.3B to $3.0B in fiscal year 2024.
Is Mrc Global Inc profitable?
Yes, Mrc Global Inc (MRC) reported a net income of $55.0M in fiscal year 2024, with a net profit margin of 1.8%.
What is Mrc Global Inc's earnings per share (EPS)?
Mrc Global Inc (MRC) reported diluted earnings per share of $0.30 for fiscal year 2024. This represents a -71.4% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Mrc Global Inc's EBITDA?
Mrc Global Inc (MRC) had EBITDA of $156.0M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Mrc Global Inc have?
As of fiscal year 2024, Mrc Global Inc (MRC) had $63.0M in cash and equivalents against $384.0M in long-term debt.
What is Mrc Global Inc's gross margin?
Mrc Global Inc (MRC) had a gross margin of 20.6% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Mrc Global Inc's operating margin?
Mrc Global Inc (MRC) had an operating margin of 4.5% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Mrc Global Inc's net profit margin?
Mrc Global Inc (MRC) had a net profit margin of 1.8% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Mrc Global Inc's return on equity (ROE)?
Mrc Global Inc (MRC) has a return on equity of 10.7% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Mrc Global Inc's free cash flow?
Mrc Global Inc (MRC) generated $248.0M in free cash flow during fiscal year 2024. This represents a 48.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Mrc Global Inc's operating cash flow?
Mrc Global Inc (MRC) generated $276.0M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Mrc Global Inc's total assets?
Mrc Global Inc (MRC) had $1.6B in total assets as of fiscal year 2024, including both current and long-term assets.
What are Mrc Global Inc's capital expenditures?
Mrc Global Inc (MRC) invested $28.0M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
What is Mrc Global Inc's current ratio?
Mrc Global Inc (MRC) had a current ratio of 1.81 as of fiscal year 2024, which is generally considered healthy.
What is Mrc Global Inc's debt-to-equity ratio?
Mrc Global Inc (MRC) had a debt-to-equity ratio of 0.74 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Mrc Global Inc's return on assets (ROA)?
Mrc Global Inc (MRC) had a return on assets of 3.4% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Mrc Global Inc's Altman Z-Score?
Mrc Global Inc (MRC) has an Altman Z-Score of 2.51, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Mrc Global Inc's Piotroski F-Score?
Mrc Global Inc (MRC) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Mrc Global Inc's earnings high quality?
Mrc Global Inc (MRC) has an earnings quality ratio of 5.02x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Mrc Global Inc cover its interest payments?
Mrc Global Inc (MRC) has an interest coverage ratio of 5.2x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Mrc Global Inc?
Mrc Global Inc (MRC) scores 41 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.