MRC - MRC Global Inc Stock Price, Fair Value and News

13.48USD-0.30 (-2.18%)Delayed

Market Summary

USD13.48-0.30

Delayed

-2.18%

MRC Alerts

Big fall in earnings (Y/Y)

MRC Stock Price

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MRC RSI Chart

MRC Valuation

Market Cap

1.1B

Price/Earnings (Trailing)

12.33

Price/Sales (Trailing)

0.34

EV/EBITDA

6.05

Price/Free Cashflow

4.96

MRC Price/Sales (Trailing)

MRC Profitability

EBT Margin

3.99%

Return on Equity

18.79%

Return on Assets

4.84%

Free Cashflow Yield

20.14%

MRC Fundamentals

MRC Revenue

Revenue (TTM)

3.3B

Rev. Growth (Yr)

-8.93%

Rev. Growth (Qtr)

4.95%

MRC Earnings

Earnings (TTM)

93.0M

Earnings Growth (Yr)

-61.76%

Earnings Growth (Qtr)

-38.1%

Breaking Down MRC Revenue

Last 7 days

-1.4%

Last 30 days

15.8%

Last 90 days

12.7%

Trailing 12 Months

45.6%

How does MRC drawdown profile look like?

MRC Financial Health

Current Ratio

1.48

Debt/Equity

0.01

Debt/Cashflow

MRC Investor Care

Shares Dilution (1Y)

1.03%

Diluted EPS (TTM)

0.87

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	3.3B	0	0	0
2023	3.5B	3.5B	3.5B	3.4B
2022	2.8B	3.0B	3.2B	3.4B
2021	2.4B	2.5B	2.6B	2.7B
2020	3.5B	3.1B	2.7B	2.6B
2019	4.1B	4.0B	3.9B	3.7B
2018	3.8B	4.0B	4.1B	4.2B
2017	3.1B	3.3B	3.5B	3.6B
2016	4.0B	3.6B	3.3B	3.0B
2015	5.9B	5.6B	5.1B	4.5B
2014	5.2B	5.5B	5.8B	5.9B
2013	5.5B	5.3B	5.2B	5.2B
2012	4.7B	5.2B	5.6B	5.6B
2011	0	3.9B	4.1B	4.4B
2010	0	3.7B	3.8B	3.8B
2009	0	0	0	3.7B

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of MRC Global Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 07, 2024	damiris george john	acquired	-	-	12,196	-
May 07, 2024	silvers daniel b.	acquired	-	-	12,196	-
May 07, 2024	adams deborah g	acquired	-	-	12,196	-
May 07, 2024	cornell henry	acquired	-	-	12,196	-
May 07, 2024	mcentee anne	acquired	-	-	12,196	-
May 07, 2024	jadin ronald l	acquired	-	-	12,196	-
May 07, 2024	anthony leonard m	acquired	-	-	12,196	-
May 07, 2024	wood robert l	acquired	-	-	22,288	-
May 05, 2024	churay daniel j	sold (taxes)	-34,725	11.51	-3,017	see remarks
May 05, 2024	youngblood kelly	sold (taxes)	-40,849	11.51	-3,549	see remarks

Which funds bought or sold MRC recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	COMERICA BANK	reduced	-2.06	37,983	359,288	-%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-4.97	82,926	1,059,160	-%
May 16, 2024	JANE STREET GROUP, LLC	added	6.95	50,621	279,695	-%
May 15, 2024	Beryl Capital Management LLC	reduced	-82.93	-1,514,610	366,617	0.45%
May 15, 2024	Ophir Asset Management Pty Ltd	sold off	-100	-303,865	-	-%
May 15, 2024	SHERBROOKE PARK ADVISERS LLC	new	-	525,765	525,765	0.10%
May 15, 2024	DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main	unchanged	-	2,318	17,642	-%
May 15, 2024	Point72 Hong Kong Ltd	reduced	-45.25	-3,298	5,510	-%
May 15, 2024	QUADRANT CAPITAL GROUP LLC	reduced	-3.86	2,950	33,173	-%
May 15, 2024	TWO SIGMA ADVISERS, LP	added	0.11	989,571	7,911,560	0.02%

Are Funds Buying or Selling MRC?

Are funds buying MRC calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own MRC

No. of Funds

MRC Alerts

Big fall in earnings (Y/Y)

Unveiling MRC Global Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	frontier capital management co llc	7.12%	6,005,201	SC 13G
Feb 13, 2024	vanguard group inc	10.68%	9,003,975	SC 13G/A
Feb 12, 2024	fuller & thaler asset management, inc.	4.75%	4,002,499	SC 13G/A
Feb 08, 2024	pzena investment management llc	8.3%	7,001,859	SC 13G
Jan 26, 2024	blackrock inc.	7.8%	6,560,977	SC 13G/A
Apr 26, 2023	mario investments llc	19.4%	20,302,009	SC 13D/A
Feb 14, 2023	fuller & thaler asset management, inc.	5.06%	4,231,188	SC 13G/A
Feb 09, 2023	vanguard group inc	10.95%	9,156,447	SC 13G/A
Feb 03, 2023	blackrock inc.	7.9%	6,615,808	SC 13G/A
Jan 24, 2023	pzena investment management llc	6.48%	5,422,342	SC 13G/A

Recent SEC filings of MRC Global Inc

View All Filings

Date Filed	Form Type	Document
May 17, 2024	144	Notice of Insider Sale Intent
May 17, 2024	144/A	144/A
May 16, 2024	144	Notice of Insider Sale Intent
May 15, 2024	4	Insider Trading
May 15, 2024	4	Insider Trading
May 15, 2024	4	Insider Trading
May 15, 2024	4	Insider Trading
May 14, 2024	144	Notice of Insider Sale Intent
May 14, 2024	144	Notice of Insider Sale Intent
May 13, 2024	144	Notice of Insider Sale Intent

Peers (Alternatives to MRC Global Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
SLB	69.4B	-	-4.37%	8.34%	16.01	18.27	-86.47%	12.21%
HAL	33.6B	23.1B	-0.37%	26.88%	12.92	1.45	6.71%	32.21%
MID-CAP
FTI	11.4B	8.1B	4.54%	95.93%	53.62	1.4	18.75%	572.06%
NOV	7.5B	8.8B	3.30%	25.61%	7.65	0.86	14.70%	198.19%
CHX	6.5B	3.7B	-4.71%	24.12%	17.98	1.75	-4.02%	100.20%
LBRT	3.9B	4.6B	10.08%	85.95%	8.29	0.86	-1.29%	-16.22%
AROC	3.2B	1.0B	8.02%	114.81%	24.95	3.13	17.17%	118.50%
SMALL-CAP
DNOW	1.5B	2.3B	-6.84%	44.28%	6.15	0.63	2.36%	81.92%
CLB	681.3M	-	8.21%	-15.05%	28.73	1.36	-	-
DRQ	662.9M	443.5M	-3.02%	-19.45%	-30.56	1.49	19.98%	-325.36%
CCLP	344.8M	386.1M	17.68%	82.03%	-36.38	0.89	9.26%	57.09%
BOOM	261.8M	701.7M	-21.46%	-25.01%	10.22	0.37	0.29%	55.69%

MRC Global Inc News

Latest updates

MRC Global Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	4.9%	806	768	888	871	885	869	904	848	742	686	685	686	609	579	585	602	794	766	942	984	970
Gross Profit	6.5%	163	153	183	175	179	158	165	151	136	107	95.00	112	103	90.00	114	79.00	148	131	174	174	174
S&GA Expenses	0%	125	125	126	130	122	123	120	120	107	106	102	102	100	97.00	100	126	126	141	137	133	139
EBITDA Margin	-8.1%	0.05*	0.05*	0.06*	0.06*	0.05*	0.05*	0.04*	0.02*	0.02*	0.01*	0.01*	0.02*	-	-	-	-	-	-	-	-	-
Interest Expenses	33.3%	8.00	6.00	9.00	10.00	7.00	7.00	6.00	5.00	6.00	5.00	6.00	6.00	6.00	6.00	7.00	7.00	8.00	9.00	10.00	10.00	11.00
Income Taxes	300.0%	8.00	2.00	14.00	10.00	13.00	12.00	10.00	6.00	7.00	1.00	-2.00	1.00	-	-2.00	5.00	-17.00	5.00	5.00	8.00	8.00	6.00
Earnings Before Taxes	17.4%	27.00	23.00	49.00	34.00	47.00	33.00	34.00	20.00	23.00	-3.00	-13.00	5.00	-3.00	-7.00	8.00	-298	14.00	-19.00	29.00	32.00	24.00
EBT Margin	-11.0%	0.04*	0.04*	0.05*	0.04*	0.04*	0.03*	0.02*	0.01*	0.00*	-0.01*	-0.01*	0.00*	-	-	-	-	-	-	-	-	-
Net Income	-38.1%	13.00	21.00	35.00	24.00	34.00	21.00	24.00	14.00	16.00	-4.00	-11.00	4.00	-3.00	-11.00	3.00	-281	9.00	-30.00	15.00	18.00	12.00
Net Income Margin	-16.5%	0.03*	0.03*	0.03*	0.03*	0.03*	0.02*	0.02*	0.01*	0.00*	-0.01*	-0.01*	0.00*	-	-	-	-	-	-	-	-	-
Free Cashflow	-61.9%	32.00	84.00	97.00	18.00	-33.00	7.00	30.00	-53.00	-15.00	36.00	-33.00	21.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	1.8%	1,920	1,886	1,958	2,000	2,021	1,895	1,922	1,864	1,786	1,671	1,719	1,745	1,827	1,781	1,805	1,877	2,301	2,325	2,507	2,629	2,673
Current Assets	4.2%	1,204	1,155	1,225	1,263	1,270	1,142	1,169	1,101	1,012	899	945	961	1,029	966	994	1,061	1,219	1,218	1,390	1,496	1,521
Cash Equivalents	11.5%	146	131	52.00	31.00	39.00	32.00	29.00	21.00	31.00	48.00	47.00	63.00	132	119	40.00	19.00	28.00	32.00	25.00	35.00	27.00
Inventory	-2.5%	546	560	620	674	672	578	584	555	500	453	471	484	504	509	582	627	691	701	742	798	839
Net PPE	0%	78.00	78.00	77.00	78.00	81.00	82.00	83.00	85.00	88.00	91.00	92.00	95.00	98.00	103	128	131	131	138	140	136	137
Goodwill	0%	264	264	264	264	264	264	264	264	264	264	264	264	264	264	264	264	480	483	482	484	484
Current Liabilities	4.0%	814	783	590	585	605	564	612	549	525	436	440	466	563	399	417	427	518	486	562	572	598
Long Term Debt	-66.7%	3.00	9.00	300	368	387	337	338	353	300	295	323	296	277	379	405	470	517	547	623	734	742
LT Debt, Current	0%	292	292	3.00	3.00	3.00	3.00	3.00	3.00	3.00	2.00	2.00	1.00	105	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00
LT Debt, Non Current	-100.0%	-	9.00	300	368	387	337	338	353	300	295	323	296	277	379	405	470	517	547	623	734	742
Shareholder's Equity	1.4%	495	488	463	435	412	386	363	347	339	323	331	347	344	350	347	341	617	642	671	672	678
Retained Earnings	1.9%	-665	-678	-693	-722	-740	-768	-783	-801	-809	-819	-809	-792	-790	-781	-770	-767	-480	-483	-453	-468	-486
Additional Paid-In Capital	-0.1%	1,767	1,768	1,764	1,761	1,757	1,758	1,754	1,751	1,748	1,747	1,747	1,744	1,742	1,739	1,736	1,733	1,730	1,731	1,727	1,722	1,719
Shares Outstanding	0.6%	85.00	84.00	84.00	84.00	84.00	84.00	84.00	84.00	83.00	83.00	83.00	83.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	849	-	-	-	833	-	-	-	777	-	-	-	485	-	-	-	1,423	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-57.3%	38,000	89,000	102,000	20,000	-30,000	10,000	33,000	-50,000	-13,000	40,000	-31,000	23,000	24,000	83,000	94,000	47,000	37,000	108,000	126,000	48,000	-40,000
Share Based Compensation	0%	4,000	4,000	3,000	4,000	3,000	4,000	3,000	3,000	3,000	2,000	3,000	2,000	5,000	4,000	3,000	3,000	2,000	4,000	5,000	3,000	4,000
Cashflow From Investing	-150.0%	-5,000	-2,000	-7,000	-2,000	-3,000	-1,000	-3,000	-5,000	-2,000	-3,000	-2,000	-1,000	-1,000	26,000	-2,000	-3,000	-2,000	-6,000	-6,000	-2,000	-2,000
Cashflow From Financing	-88.9%	-17,000	-9,000	-73,000	-25,000	40,000	-7,000	-21,000	47,000	-2,000	-36,000	19,000	-92,000	-9,000	-33,000	-72,000	-54,000	-36,000	-96,000	-129,000	-39,000	26,000
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,000	13,000	25,000	25,000

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MRC Income Statement

2024-03-31

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Sales	$ 806	$ 885
Cost of sales	643	706
Gross profit	163	179
Selling, general and administrative expenses	125	122
Operating income	38	57
Other expense:
Interest expense	(8)	(7)
Other, net	(3)	(3)
Income before income taxes	27	47
Income tax expense	8	13
Net income	19	34
Series A preferred stock dividends	6	6
Net income attributable to common stockholders	$ 13	$ 28
Basic earnings per common share (in dollars per share)	$ 0.15	$ 0.33
Diluted earnings per common share (in dollars per share)	$ 0.15	$ 0.33
Weighted-average common shares, basic (in shares)	84.7	84.0
Weighted-average common shares, diluted (in shares)	86.1	85.4

MRC Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash	$ 146	$ 131
Accounts receivable, net	478	430
Inventories, net	546	560
Other current assets	34	34
Total current assets	1,204	1,155
Long-term assets:
Operating lease assets	196	205
Property, plant and equipment, net	78	78
Other assets	20	21
Intangible assets:
Goodwill, net	264	264
Other intangible assets, net	158	163
Assets	1,920	1,886
Current liabilities:
Trade accounts payable	402	355
Accrued expenses and other current liabilities	95	102
Operating lease liabilities	25	34
Current portion of debt obligations	292	292
Total current liabilities	814	783
Long-term liabilities:
Long-term debt	3	9
Operating lease liabilities	186	186
Deferred income taxes	47	45
Other liabilities	20	20
Commitments and contingencies
6.5% Series A Convertible Perpetual Preferred Stock, $0.01 par value; authorized 363,000 shares; 363,000 shares issued and outstanding	355	355
Stockholders' equity:
Common stock, $0.01 par value per share: 500 million shares authorized, 109,287,979 and 108,531,564 issued, respectively	1	1
Additional paid-in capital	1,767	1,768
Retained deficit	(665)	(678)
Less: Treasury stock at cost: 24,216,330 shares	(375)	(375)
Accumulated other comprehensive loss	(233)	(228)
Equity, Attributable to Parent	495	488
Liabilities and Equity	$ 1,920	$ 1,886

About MRC Global Inc

MRC Global Inc., through its subsidiaries, distributes pipes, valves, fittings, and other infrastructure products and services to the gas utility, energy, and industrial end-markets in the United States, Canada, and internationally. It offers ball, butterfly, gate, globe, check, diaphragm, needle, and plug valves; and other products, such as lined corrosion resistant piping systems, control valves, valve automation, and top work components, as well as valve modification services; and measurement, steam, and instrumentation products. The company also provides carbon steel fittings and flanges comprising carbon weld fittings, flanges, and piping components; stainless steel, alloy and corrosion resistant pipes, tubing, fittings, and flanges; and carbon line pipes. In addition, it offers natural gas distribution products, including risers, meters, polyethylene pipes and fittings, and various other components and industrial supplies; oilfield and industrial supplies and completion equipment, such as high density polyethylene pipes, fittings, and rods; and specialized production equipment comprising tanks and separators. Further, the company provides various services, such as product testing, manufacturer assessments, multiple daily deliveries, volume purchasing, inventory and zone store management and warehousing, technical support, training, just-in-time delivery, truck stocking, order consolidation, product tagging and system interfaces, and valve inspection and repair services; and various other services under the ValidTorque and FastTrack names. Its products are used in the construction, maintenance, repair, and overhaul of equipment used in extreme operating conditions, including high pressure, high/low temperature, and high corrosive and abrasive environments. The company was formerly known as McJunkin Red Man Holding Corporation and changed its name to MRC Global Inc. in January 2012. MRC Global Inc. was founded in 1921 and is headquartered in Houston, Texas.

CEO	Mr. Robert James Saltiel Jr.
WEBSITE	mrcglobal.com
INDUSTRY	Oil - Services
EMPLOYEES	2900

MRC Global Inc Frequently Asked Questions

What is the ticker symbol for MRC Global Inc? What does MRC stand for in stocks?

MRC is the stock ticker symbol of MRC Global Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of MRC Global Inc (MRC)?

As of Fri May 17 2024, market cap of MRC Global Inc is 1.15 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MRC stock?

You can check MRC's fair value in chart for subscribers.

What is the fair value of MRC stock?

You can check MRC's fair value in chart for subscribers. The fair value of MRC Global Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of MRC Global Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MRC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is MRC Global Inc a good stock to buy?

The fair value guage provides a quick view whether MRC is over valued or under valued. Whether MRC Global Inc is cheap or expensive depends on the assumptions which impact MRC Global Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MRC.

What is MRC Global Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, MRC's PE ratio (Price to Earnings) is 12.33 and Price to Sales (PS) ratio is 0.34. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MRC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on MRC Global Inc's stock?

In the past 10 years, MRC Global Inc has provided -0.073 (multiply by 100 for percentage) rate of return.