Companies: 10,795·Total market cap: $144.5T
MRC Global Inc.

MRC Global Inc.

MRCNYSEEnergy
$13.78
$-0.06(-0.43%)
Market Cap$1.2B
P/E Ratio
52W High$15.59
52W Low$9.2336

MRC Global Inc. (MRC) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

MRC · net income · updated Jun 8, 2026

Core profitability metrics

Net income was $55.0M for FY2024 (fiscal year ending 2024-12-31), down 51.8% year-over-year. Net profit margin was 1.8%. Based on available data, MRC Global Inc. has been profitable since at least 2011.

FY2024 Net Income$55.0M▼ -51.8% YoY
Trailing 12M (TTM)−$41.0Mtrailing 4 quarters sum
Net Profit Margin1.8%$55.0M ÷ $3.01B
YoY Change-51.8%
5-Year CAGR+7.1%FY2020 → FY2024
FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /income-statement · US GAAP · USDUpdated: Jun 8, 2026

Annual net income history

Net IncomeNet LossNet Margin %★ First Profit: 2011

▸ FMP /income-statement · Annual · MRC net income history · MRC profit margin

Annual net income data

Fiscal YearNet IncomeYoY ChangeNet Margin
FY2024$55.0M▼ 51.8%1.8%
FY2023$114.0M▲ +52.0%3.3%
FY2022$75.0M▲ +635.7%2.4%
FY2021Loss−$14.0M▲ +94.9%-0.5%
FY2020Loss−$274.0M▼ 802.6%-10.7%

Net income vs peers (Energy)

#CompanyNet IncomeYoY
#1
MRC Global Inc.
MRC Global Inc.YOU
MRC
$55.0M-51.8%
#2
Exxon Mobil Corporation
Exxon Mobil Corporation
XOM
$28.84B-14.4%
#3
Shell plc
Shell plc
SHEL
$17.84B+10.8%
#4
TotalEnergies SE
TotalEnergies SE
TTE
$13.13B-16.7%
#5
Chevron Corporation
Chevron Corporation
CVX
$12.30B-30.4%
#6
Enbridge Inc.
Enbridge Inc.
ENB.TO
$7.49B+37.7%
Energy · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

MRC Global Inc. (MRC) reported net income of $55.0M for FY2024 (fiscal year ending 2024-12-31), down 51.8% year-over-year. The net profit margin was 1.8% — meaning the company kept $0.02 of every dollar of revenue as profit.

Based on available data, MRC Global Inc. has been profitable since at least 2011. Net income reached a peak of $152.1M in FY2013. Data available for 15 fiscal years.

MRC Global Inc.'s net profit margin was 1.8% for FY2024, based on the latest annual results.

Investors sometimes search for "MRC Global Inc. net worth" — the company's market capitalization is a separate figure from MRC net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.

Frequently asked questions

MRC net income · 5 questions

MRC Global Inc. is profitable. The company reported net income of $55.0M for FY2024, a net profit margin of 1.8%. Net income was down 51.8% year-over-year. Based on available data, MRC Global Inc. has been profitable since at least 2011.

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Source: FMP /income-statement · GAAP · MRC Global Inc. · MRC Global Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026