MRC Global delivered a strong second quarter in 2025, with sales reaching $798 million, a 12% increase from the first quarter, exceeding guidance. Net income from continuing operations was $13 million, and Adjusted EBITDA stood at $54 million. All sectors contributed to the sequential revenue growth, particularly PTI and Gas Utilities, reflecting robust project activity and increased construction. The company also returned $15 million to shareholders through share repurchases.

MRC Global announced strong first quarter 2025 results, with sales increasing 7% sequentially and Adjusted EBITDA of $36 million. The company reported a net loss due to discontinued operations, but income from continuing operations remained positive. Backlog also saw an 8% sequential improvement.

MRC Global's Q4 2024 revenue declined 10% YoY to $664 million, driven by lower sales in the Downstream and PTI sectors. The company posted a net loss of $1 million, compared to a net income of $22 million in Q4 2023. Adjusted EBITDA fell to $32 million, down from $49 million a year ago. International sales increased 14%, offsetting some of the domestic weakness.

MRC Global's third quarter 2024 results showed a decrease in sales and adjusted EBITDA compared to the previous year, primarily due to slowing activity in the U.S. oilfield and project delays in the DIET sector. However, the company generated strong operating cash flow and raised its full-year guidance for operating cash flow.

MRC Global reported Q2 2024 sales of $832 million, a 4% decrease compared to Q2 2023. Net income attributable to common stockholders was $24 million, or $0.28 per diluted share, compared to $18 million, or $0.21 per diluted share, in Q2 2023. Adjusted EBITDA was $65 million, or 7.8% of sales. The company repaid its Term Loan B and reduced net debt to $103 million.

MRC Global reported a net income of $13 million, or $0.15 per diluted share, and sales of $806 million for Q1 2024. The company saw a 5% increase in sales compared to the previous quarter and generated $38 million in operating cash flow. Adjusted EBITDA was $57 million, representing 7.1% of sales.

MRC Global reported a decrease in sales by 12% compared to Q4 2022. Net income attributable to common stockholders was $15 million, or $0.17 per diluted share. The company expects revenue to be flat to modestly lower than 2023 levels.

MRC Global reported net income attributable to common stockholders of $29 million, or $0.33 per diluted share, for the third quarter of 2023. Sales were $888 million, a 2% increase compared to the second quarter of 2023. The DIET sector's revenue growth offset declines in Gas Utilities and PTI sectors.

MRC Global reported a 3% increase in sales to $871 million compared to the same quarter last year. Net income attributable to common stockholders was $18 million, or $0.21 per diluted share. The company anticipates full-year revenues to increase in the upper single-digit percentage range compared to 2022 levels.

MRC Global reported strong first quarter 2023 results, with sales of $885 million, a 19% increase compared to the same quarter last year. The company's adjusted gross profit margin was 21.2%, and adjusted EBITDA was $69 million. They are optimistic about the remainder of 2023, expecting double-digit revenue growth and EBITDA margins exceeding 8%.

MRC Global reported a strong finish to 2022, with fourth quarter revenue consistent with previous guidance and ahead of the normal seasonal decline. Full year 2022 performance was exceptional and benefitted greatly from the company's growth and diversification strategy.

MRC Global reported strong Q3 2022 results, with sales of $904 million, a 32% increase compared to Q3 2021. The company achieved record adjusted gross margin of 21.9% and adjusted EBITDA margin of 9.1%. Net income attributable to common stockholders was $18 million, or $0.21 per diluted share, compared to a net loss of ($17) million, or ($0.21) per diluted share in Q3 2021.

MRC Global Inc. announced strong second quarter 2022 results with sales of $848 million, a 24% improvement over the same quarter a year ago. Adjusted EBITDA of $65 million, representing 7.7% of sales, was the highest quarterly adjusted EBITDA margin since 2014.

MRC Global reported a strong first quarter in 2022, with sales up 22% year-over-year to $742 million and adjusted EBITDA doubling to $48 million. The company's backlog grew by 28% to $667 million, prompting an increase in the full-year 2022 outlook to $3.1 billion in sales and $200 million in adjusted EBITDA.

MRC Global reported an 18% increase in sales, reaching $686 million in Q4 2021 compared to Q4 2020. The adjusted EBITDA was $47 million, the highest since Q3 2018. The company targets at least $3 billion of revenue and $190 million of adjusted EBITDA for 2022.

MRC Global's sales were $685 million, consistent with the previous quarter and 17% higher than the same quarter last year. The company reported a net loss of ($17) million, or ($0.21) per diluted share. Adjusted EBITDA reached $39 million, or 5.7% of sales, the highest in two years.

MRC Global reported strong second quarter results with a 13% increase in revenue sequentially, led by the gas utilities business. The company's focus on cost control led to higher adjusted EBITDA margins and positive cash flow generation. MRC Global is optimistic about its outlook across all end-markets, including the energy transition space.

MRC Global announced first quarter 2021 results with sales of $609 million, a 5% sequential increase. The company reported a net loss attributable to common stockholders of ($9) million and adjusted EBITDA of $24 million. Cash flow from operations was $24 million.

MRC Global's fourth quarter sales were $579 million, a 24% decrease compared to Q4 2019. The net loss attributable to common stockholders was ($11) million, or ($0.13) per diluted share.

MRC Global reported sales of $585 million, a 3% sequential decline. Net loss attributable to common shareholders was $(3) million, or $(0.04) per diluted share. The company focused on managing costs, generating cash, and reducing debt, exceeding initial goals for cash flow from operations and net debt reduction.

MRC Global reported sales of $602 million, a 24% sequential decline, and a net loss attributable to common shareholders of $(287) million. Results included restructuring and impairment charges of $284 million, net of tax. The company is focused on cost savings and debt reduction, generating $47 million in cash from operations during the quarter.

MRC Global reported first quarter 2020 sales of $794 million, a 4% sequential increase. Diluted earnings per common share were $0.04, and net income attributable to common shareholders was $3 million. The company generated $37 million in cash from operations and reduced net debt by $26 million.

MRC Global Inc. reported a decrease in sales to $766 million for Q4 2019, which was 24% lower than Q4 2018. The company reported a net loss attributable to common stockholders of $(30) million, or $(0.37) per diluted share, as compared to income of $4 million, or $0.04 per diluted share in Q4 2018.