MRC Global Inc. (NYSE: MRC) Financial Performance …
From Financial Modeling Prep: 2025-03-14 07:00:03
MRC Global Inc. (NYSE:MRC) reported Q4 2024 earnings per share (EPS) of $0.08, meeting estimates, with revenue of $736.8 million exceeding expectations. Full-year 2024 saw operating cash flows of $268 million, the highest since 2015, and sales of $3 billion, showcasing strong financial performance.
MRC Global Inc. is a global distributor of pipe, valve, and fitting products and services to energy and industrial sectors, competing with major players. The company’s Q4 2024 results demonstrate its ability to meet market expectations and provide quality products and services to clients across various industries.
In Q4 2024, MRC reported operating cash flows of $73 million, sales of $664 million, and a net loss from continuing operations of $1 million. However, adjusted EBITDA was $32 million, with gross profit margin at 20.3% and adjusted gross profit margin at 22.0%, showcasing operational efficiency.
MRC’s financial metrics show stability, with a P/E ratio of 9.56, price-to-sales ratio of 0.30, and enterprise value to sales ratio of 0.37. The company’s strong cash flow efficiency is highlighted by an enterprise value to operating cash flow ratio of 4.09. With a debt-to-equity ratio of 0.31 and current ratio of 1.99, MRC exhibits good short-term financial health.
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