MRC Global (MRC) Revenue & Revenue Breakdown

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MRC Global Revenue Highlights

Latest Revenue (Y)

$3.41B

Latest Revenue (Q)

$2.74B

Main Segment (Y)

Valves Automation Measurement And Instrumentation

Main Geography (Y)

Valves Automation Measurement And Instrumentation

MRC Global Revenue by Period

MRC Global Revenue by Year

Date	Revenue	Change
2023-12-31	$3.41B	1.46%
2022-12-31	$3.36B	26.14%
2021-12-31	$2.67B	4.14%
2020-12-31	$2.56B	-30.09%
2019-12-31	$3.66B	-12.22%
2018-12-31	$4.17B	14.43%
2017-12-31	$3.65B	19.89%
2016-12-31	$3.04B	-32.85%
2015-12-31	$4.53B	-23.67%
2014-12-31	$5.93B	13.43%
2013-12-31	$5.23B	-6.10%
2012-12-31	$5.57B	15.28%
2011-12-31	$4.83B	25.66%
2010-12-31	$3.85B	5.01%
2009-12-31	$3.66B	-

MRC Global generated $3.41B in revenue during NA 2023, up 1.46% compared to the previous quarter, and up 81.78% compared to the same period a year ago.

MRC Global Revenue by Quarter

Date	Revenue	Change
2024-09-30	$2.74B	228.85%
2024-06-30	$832.00M	3.23%
2024-03-31	$806.00M	4.95%
2023-12-31	$768.00M	-13.51%
2023-09-30	$888.00M	1.95%
2023-06-30	$871.00M	-1.58%
2023-03-31	$885.00M	1.84%
2022-12-31	$869.00M	-3.87%
2022-09-30	$904.00M	6.60%
2022-06-30	$848.00M	14.29%
2022-03-31	$742.00M	8.16%
2021-12-31	$686.00M	0.15%
2021-09-30	$685.00M	-0.15%
2021-06-30	$686.00M	12.64%
2021-03-31	$609.00M	5.18%
2020-12-31	$579.00M	-1.03%
2020-09-30	$585.00M	-2.82%
2020-06-30	$602.00M	-24.18%
2020-03-31	$794.00M	3.66%
2019-12-31	$766.00M	-18.68%
2019-09-30	$942.00M	-4.27%
2019-06-30	$984.00M	1.44%
2019-03-31	$970.00M	-3.87%
2018-12-31	$1.01B	-5.79%
2018-09-30	$1.07B	-1.02%
2018-06-30	$1.08B	7.13%
2018-03-31	$1.01B	11.85%
2017-12-31	$903.00M	-5.84%
2017-09-30	$959.00M	4.01%
2017-06-30	$922.00M	6.96%
2017-03-31	$862.00M	19.89%
2016-12-31	$719.00M	-9.33%
2016-09-30	$793.00M	6.30%
2016-06-30	$746.00M	-4.73%
2016-03-31	$783.00M	-19.03%
2015-12-31	$967.07M	-9.72%
2015-09-30	$1.07B	-10.59%
2015-06-30	$1.20B	-7.29%
2015-03-31	$1.29B	-14.54%
2014-12-31	$1.51B	-6.55%
2014-09-30	$1.62B	8.07%
2014-06-30	$1.50B	14.68%
2014-03-31	$1.31B	-2.87%
2013-12-31	$1.34B	2.32%
2013-09-30	$1.31B	3.62%
2013-06-30	$1.27B	-2.86%
2013-03-31	$1.31B	-0.12%
2012-12-31	$1.31B	-9.95%
2012-09-30	$1.45B	1.45%
2012-06-30	$1.43B	3.45%
2012-03-31	$1.38B	5.84%
2011-12-31	$1.31B	-4.38%
2011-09-30	$1.37B	16.97%
2011-06-30	$1.17B	17.77%
2011-03-31	$991.81M	-4.16%
2010-12-31	$1.03B	0.92%
2010-09-30	$1.03B	10.63%
2010-06-30	$926.90M	8.00%
2010-03-31	$858.28M	-

MRC Global generated $2.74B in revenue during Q3 2024, up 228.85% compared to the previous quarter, and up 314.12% compared to the same period a year ago.

MRC Global Revenue Breakdown

MRC Global Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 19	Dec 18
Carbon Steel Pipe Fittings And Flanges	$1.13B	$1.41B
Carbon Steel Fittings And Flanges	$565.00M	$683.00M
Gas Products	$551.00M	$561.00M
Line Pipe	$560.00M	$728.00M
Stainless Steel Alloy Pipe And Fittings	$177.00M	$196.00M
Valves Automation Measurement And Instrumentation	$1.43B	$1.55B
General Oilfield Products	$375.00M	$451.00M

MRC Global's latest annual revenue breakdown by segment (product or service), as of Dec 19: Valves Automation Measurement And Instrumentation (29.96%), Carbon Steel Pipe Fittings And Flanges (23.50%), Carbon Steel Fittings And Flanges (11.80%), Line Pipe (11.70%), Gas Products (11.51%), General Oilfield Products (7.83%), and Stainless Steel Alloy Pipe And Fittings (3.70%).

Quarterly Revenue by Product

Product/Service	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Dec 18	Sep 18	Jun 18	Mar 18
Gas Products	$134.00M	$126.00M	$147.00M	$145.00M	$133.00M	$136.00M	$154.00M	$147.00M	$124.00M
Valves Automation Measurement And Instrumentation	$323.00M	$309.00M	$362.00M	$380.00M	$383.00M	$407.00M	$393.00M	$375.00M	$378.00M
General Oilfield Products	$85.00M	$88.00M	$92.00M	$98.00M	$97.00M	$96.00M	$108.00M	$121.00M	$126.00M
Line Pipe	$100.00M	$92.00M	$153.00M	$161.00M	$154.00M	$172.00M	$186.00M	$212.00M	$158.00M
Downstream	$251.00M	-	-	-	-	-	-	-	-
Gas Utilities	$202.00M	-	-	-	-	-	-	-	-
Midstream	$119.00M	-	-	-	-	-	-	-	-
Upstream	$222.00M	-	-	-	-	-	-	-	-
Stainless Steel Alloy Pipe And Fittings	$37.00M	$42.00M	$43.00M	$42.00M	$50.00M	$46.00M	$48.00M	$49.00M	$53.00M
Carbon Steel Fittings And Flanges	$115.00M	$109.00M	$145.00M	$158.00M	$153.00M	$152.00M	$182.00M	$178.00M	$171.00M
Carbon Steel Pipe Fittings And Flanges	$215.00M	$201.00M	$298.00M	$319.00M	$307.00M	$324.00M	$368.00M	$390.00M	$329.00M
Other Products	-	-	-	-	-	-	$55.00M	-	-

MRC Global's latest quarterly revenue breakdown by segment (product or service), as of Mar 20: Valves Automation Measurement And Instrumentation (17.91%), Downstream (13.92%), Upstream (12.31%), Carbon Steel Pipe Fittings And Flanges (11.92%), Gas Utilities (11.20%), Gas Products (7.43%), Midstream (6.60%), Carbon Steel Fittings And Flanges (6.38%), Line Pipe (5.55%), General Oilfield Products (4.71%), and Stainless Steel Alloy Pipe And Fittings (2.05%).

MRC Global Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 19	Dec 18
U	$723.00M	$777.00M
Valves Automation Measurement And Instrumentation	$1.43B	-
Stainless Steel Alloy Pipe And Fittings	$177.00M	-
Line Pipe	$560.00M	-
General Oilfield Products	$375.00M	-
Gas Products	$551.00M	-
Carbon Steel Pipe Fittings And Flanges	$1.13B	-
Carbon Steel Fittings And Flanges	$565.00M	-
C	$162.00M	$239.00M

MRC Global's latest annual revenue breakdown by geography, as of Dec 19: Valves Automation Measurement And Instrumentation (25.28%), Carbon Steel Pipe Fittings And Flanges (19.83%), U (12.75%), Carbon Steel Fittings And Flanges (9.96%), Line Pipe (9.87%), Gas Products (9.71%), General Oilfield Products (6.61%), Stainless Steel Alloy Pipe And Fittings (3.12%), and C (2.86%).

Quarterly Revenue by Country

Country	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Dec 18	Sep 18	Jun 18	Mar 18
Carbon Steel Fittings And Flanges	$115.00M	-	-	-	-	-	-	-	-
International	$212.00M	-	-	-	-	-	-	-	-
C	$37.00M	$32.00M	$43.00M	$41.00M	$46.00M	$59.00M	$59.00M	$80.00M	$78.00M
U	$139.00M	$140.00M	$189.00M	$188.00M	$206.00M	$197.00M	$213.00M	$878.00M	$806.00M
Valves Automation Measurement And Instrumentation	$323.00M	-	-	-	-	-	-	-	-
Stainless Steel Alloy Pipe And Fittings	$37.00M	-	-	-	-	-	-	-	-
Line Pipe	$100.00M	-	-	-	-	-	-	-	-
General Oilfield Products	$85.00M	-	-	-	-	-	-	-	-
Gas Products	$134.00M	-	-	-	-	-	-	-	-
Carbon Steel Pipe Fittings And Flanges	$215.00M	-	-	-	-	-	-	-	-

MRC Global's latest quarterly revenue breakdown by geography, as of Mar 20: Valves Automation Measurement And Instrumentation (23.12%), Carbon Steel Pipe Fittings And Flanges (15.39%), International (15.18%), U (9.95%), Gas Products (9.59%), Carbon Steel Fittings And Flanges (8.23%), Line Pipe (7.16%), General Oilfield Products (6.08%), C (2.65%), and Stainless Steel Alloy Pipe And Fittings (2.65%).

MRC Global Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
NOV	NOV	$8.58B	$2.19B
CHX	ChampionX	$3.76B	$906.53M
MRC	MRC Global	$3.41B	$2.74B
EFXT	Enerflex	$3.16B	$860.40M
XPRO	Expro Group	$1.51B	$422.83M
WHD	Cactus	$1.10B	$293.18M
NOA	North American Construction Group	$957.22M	$297.03M
OIS	Oil States	$782.28M	-
RNGR	Ranger Energy Services	$636.60M	$153.00M
CCLP	CSI Compressco LP	$386.13M	$98.27M
SOI	Solaris Oilfield Infrastructure	$292.95M	$73.89M
GEOS	Geospace	$124.51M	$25.86M
NGS	Natural Gas Services Group	$121.17M	$40.69M
DRQ	Dril-Quip	$2.56M	$120.34M

MRC Revenue FAQ

What is MRC Global’s yearly revenue?

MRC Global's yearly revenue for 2023 was $3.41B, representing an increase of 1.46% compared to 2022. The company's yearly revenue for 2022 was $3.36B, representing an increase of 26.14% compared to 2021. MRC's yearly revenue for 2021 was $2.67B, representing an increase of 4.14% compared to 2020.

What is MRC Global’s quarterly revenue?

MRC Global's quarterly revenue for Q3 2024 was $2.74B, a 228.85% increase from the previous quarter (Q2 2024), and a 208.11% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $832M, a 3.23% increase from the previous quarter (Q1 2024), and a -4.48% decrease year-over-year (Q2 2023). MRC's quarterly revenue for Q1 2024 was $806M, a 4.95% increase from the previous quarter (Q4 2023), and a -8.93% decrease year-over-year (Q1 2023).

What is MRC Global’s revenue growth rate?

MRC Global's revenue growth rate for the last 3 years (2021-2023) was 27.98%, and for the last 5 years (2019-2023) was -6.83%.

What are MRC Global’s revenue streams?

MRC Global's revenue streams in c 19 are Carbon Steel Pipe Fittings And Flanges, Carbon Steel Fittings And Flanges, Gas Products, Line Pipe, Stainless Steel Alloy Pipe And Fittings, Valves Automation Measurement And Instrumentation, and General Oilfield Products. Carbon Steel Pipe Fittings And Flanges generated $1.12B in revenue, accounting 23.50% of the company's total revenue, down -20.27% year-over-year. Carbon Steel Fittings And Flanges generated $565M in revenue, accounting 11.80% of the company's total revenue, down -17.28% year-over-year. Gas Products generated $551M in revenue, accounting 11.51% of the company's total revenue, down -1.78% year-over-year. Line Pipe generated $560M in revenue, accounting 11.70% of the company's total revenue, down -23.08% year-over-year. Stainless Steel Alloy Pipe And Fittings generated $177M in revenue, accounting 3.70% of the company's total revenue, down -9.69% year-over-year. Valves Automation Measurement And Instrumentation generated $1.43B in revenue, accounting 29.96% of the company's total revenue, down -7.66% year-over-year. General Oilfield Products generated $375M in revenue, accounting 7.83% of the company's total revenue, down -16.85% year-over-year.

What is MRC Global’s main source of revenue?

For the fiscal year ending Dec 19, the largest source of revenue of MRC Global was Valves Automation Measurement And Instrumentation. This segment made a revenue of $1.43B, representing 29.96% of the company's total revenue.