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Stock impact report

MRC Global Reports Full Year and Fourth Quarter 2024 Results

MRC Global Inc. (MRC) 
Last mrc global inc. earnings: 4/28 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.mrcglobal.com/investor-overview
Company Research Source: GlobeNewswire
HOUSTON, March 14, 2025 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) today reported full year and fourth quarter 2024 results.  Full Year 2024 Financial Highlights: ? Operating cash flows from continuing operations of $268 million, highest since 2015 ? Sales of $3,011 million ? Net income from continuing operations of $78 million ? Adjusted EBITDA of $202 million, 6.7% of sales ? Gross profit, as a percentage of sales, of 20.6% ? Adjusted Gross Profit, as a percentage of sales, of 21.9% and the third consecutive year above 21% ? Net Debt of $324 million, a 1.6x net debt leverage ratio Fourth Quarter 2024 Financial Highlights: ? Operating cash flows from continuing operations of $73 million ? Sales of $664 million ? Net loss from continuing operations of ($1) million ? Adjusted EBITDA of $32 million, or 4.8% of sales ? Gross profit, as a percentage of sales, of 20.3% ? Adjusted Gross Profit, as a percentage of sales, of 22.0% ? Working capital, as a p Show less Read more
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