MRC Income Statement Research

MRC Stock

USD 11.67 0.38 3.15%

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 MRC Global Valuation and MRC Global Correlation analysis.

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.

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	0.39	0.67	0.6	0.62	0.45	0.25	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	0.55	0.63	0.45	0.5	0.84	0.37	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	0.66	0.91	0.77	0.81	0.9	0.27	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	0.54	0.85	0.85	0.87	0.84	0.24	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	0.05	0.51	0.7	0.67	0.28	0.54	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	0.67	0.91	0.75	0.79	0.89	0.28	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	0.03	0.41	0.58	0.55	0.21	0.61	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	0.0	0.35	0.5	0.47	0.16	0.67	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	0.14	0.54	0.74	0.72	0.33	0.22	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		0.0	-0.08	-0.01	-0.01	-0.36	-0.52	0.02	0.09	0.38	-0.16	0.29	-0.12	0.2	0.26
Depreciation And Amortization	0.39	0.55	0.66	0.54	0.05	0.67	0.03	0.0	0.14	0.0		0.78	0.39	0.49	0.79	-0.11	-0.01	-0.19	0.48	-0.55	0.84	-0.7	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	0.78		0.85	0.9	0.86	0.07	0.34	-0.49	0.75	-0.33	0.81	-0.52	0.67	0.67
Ebit	0.6	0.45	0.77	0.85	0.7	0.75	0.58	0.5	0.74	-0.01	0.39	0.85		0.99	0.62	0.04	0.49	-0.66	0.73	0.0	0.59	-0.35	0.31	0.38
Ebitda	0.62	0.5	0.81	0.87	0.67	0.79	0.55	0.47	0.72	-0.01	0.49	0.9	0.99		0.69	0.02	0.46	-0.65	0.74	-0.07	0.66	-0.41	0.4	0.45
Total Operating Expenses	0.45	0.84	0.9	0.84	0.28	0.89	0.21	0.16	0.33	-0.36	0.79	0.86	0.62	0.69		0.13	0.18	-0.35	0.39	-0.29	0.62	-0.51	0.61	0.53
Total Other Income Expense Net	0.25	0.37	0.27	0.24	0.54	0.28	0.61	0.67	0.22	-0.52	-0.11	0.07	0.04	0.02	0.13		0.72	0.04	-0.02	0.24	-0.3	0.05	-0.13	-0.22
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	-0.01	0.34	0.49	0.46	0.18	0.72		-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	-0.19	-0.49	-0.66	-0.65	-0.35	0.04	-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	0.73	0.74	0.39	-0.02	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	-0.55	-0.33	0.0	-0.07	-0.29	0.24	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	0.84	0.81	0.59	0.66	0.62	-0.3	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	-0.7	-0.52	-0.35	-0.41	-0.51	0.05	-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	0.31	0.4	0.61	-0.13	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	0.38	0.45	0.53	-0.22	-0.01	-0.36	0.65	-0.76	0.77	-0.39	0.81

Click cells to compare fundamentals

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
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	39M	(274M)	(39M)	75M	114M	119.7M
Income Tax Expense	27M	(9M)	25M	35M	39M	41.0M
Ebit	103M	(13M)	7M	140M	187M	112.6M
Ebitda	169M	33M	52M	173M	227M	163.1M
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)

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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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Check out MRC Global Valuation and MRC Global Correlation analysis.

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

You can also try the CEOs Directory module to screen CEOs from public companies around the world.

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When running MRC Global's price analysis, check to measure MRC Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MRC Global is operating at the current time. Most of MRC Global's value examination focuses on studying past and present price action to predict the probability of MRC Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MRC Global's price. Additionally, you may evaluate how the addition of MRC Global to your portfolios can decrease your overall portfolio volatility.

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Is MRC Global's industry 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

(0.05)

Earnings Share

1.05

Revenue Per Share

40.523

Quarterly Revenue Growth

(0.12)

Return On Assets

0.0618

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 Income Statement Research

MRC Global income statement Correlations

MRC Global Account Relationship Matchups

High Positive Relationship

High Negative Relationship

MRC Global income statement Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cost Of Revenue	+ 1.0	Total Revenue
Net Income From Continuing Ops	+ 1.0	Net Income
Net Income	+ 0.99	Income Before Tax
Ebitda	+ 0.99	Ebit
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	- 0.7	Depreciation And Amortization
Net Interest Income	- 0.69	Interest Income
Non Operating Income Net Other	- 0.66	Ebit