MRC Global (MRC) Revenue & Revenue Breakdown


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MRC Global Revenue Highlights


Latest Revenue (Y)

$3.41B

Latest Revenue (Q)

$806.00M

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

DateRevenueChange
2023-12-31$3.41B1.46%
2022-12-31$3.36B26.14%
2021-12-31$2.67B4.14%
2020-12-31$2.56B-30.09%
2019-12-31$3.66B-12.22%
2018-12-31$4.17B14.43%
2017-12-31$3.65B19.89%
2016-12-31$3.04B-32.85%
2015-12-31$4.53B-23.67%
2014-12-31$5.93B13.43%
2013-12-31$5.23B-6.10%
2012-12-31$5.57B15.28%
2011-12-31$4.83B25.66%
2010-12-31$3.85B5.01%
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

DateRevenueChange
2024-03-31$806.00M4.95%
2023-12-31$768.00M-13.51%
2023-09-30$888.00M1.95%
2023-06-30$871.00M-1.58%
2023-03-31$885.00M1.84%
2022-12-31$869.00M-3.87%
2022-09-30$904.00M6.60%
2022-06-30$848.00M14.29%
2022-03-31$742.00M8.16%
2021-12-31$686.00M0.15%
2021-09-30$685.00M-0.15%
2021-06-30$686.00M12.64%
2021-03-31$609.00M5.18%
2020-12-31$579.00M-1.03%
2020-09-30$585.00M-2.82%
2020-06-30$602.00M-24.18%
2020-03-31$794.00M3.66%
2019-12-31$766.00M-18.68%
2019-09-30$942.00M-4.27%
2019-06-30$984.00M1.44%
2019-03-31$970.00M-3.87%
2018-12-31$1.01B-5.79%
2018-09-30$1.07B-1.02%
2018-06-30$1.08B7.13%
2018-03-31$1.01B11.85%
2017-12-31$903.00M-5.84%
2017-09-30$959.00M4.01%
2017-06-30$922.00M6.96%
2017-03-31$862.00M19.89%
2016-12-31$719.00M-9.33%
2016-09-30$793.00M6.30%
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$1.62B8.07%
2014-06-30$1.50B14.68%
2014-03-31$1.31B-2.87%
2013-12-31$1.34B2.32%
2013-09-30$1.31B3.62%
2013-06-30$1.27B-2.86%
2013-03-31$1.31B-0.12%
2012-12-31$1.31B-9.95%
2012-09-30$1.45B1.45%
2012-06-30$1.43B3.45%
2012-03-31$1.38B5.84%
2011-12-31$1.31B-4.38%
2011-09-30$1.37B16.97%
2011-06-30$1.17B17.77%
2011-03-31$991.81M-4.16%
2010-12-31$1.03B0.92%
2010-09-30$1.03B10.63%
2010-06-30$926.90M8.00%
2010-03-31$858.28M-

MRC Global generated $806.00M in revenue during Q1 2024, up 4.95% compared to the previous quarter, and up 92.75% compared to the same period a year ago.

MRC Global Revenue Breakdown


MRC Global Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 19Dec 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/ServiceMar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18Jun 18Mar 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

CountryDec 19Dec 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

CountryMar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18Jun 18Mar 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


TickerCompanyLast Year RevenueLast Quarter Revenue
NOVNOV$8.58B$2.22B
CHXChampionX$3.76B$893.27M
MRCMRC Global$3.41B$806.00M
EFXTEnerflex$3.16B$860.40M
XPROExpro Group$1.51B$469.64M
WHDCactus$1.10B$290.39M
NOANorth American Construction Group$957.22M$297.03M
OISOil States$782.28M-
RNGRRanger Energy Services$636.60M$138.10M
CCLPCSI Compressco LP$386.13M$98.27M
SOISolaris Oilfield Infrastructure$292.95M$73.89M
GEOSGeospace$124.51M$25.86M
NGSNatural Gas Services Group$121.17M$38.49M
DRQDril-Quip$2.56M$110.30M

MRC Revenue FAQ


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.

MRC Global'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). The company's quarterly revenue for Q4 2023 was $768M, a -13.51% decrease from the previous quarter (Q3 2023), and a -11.62% decrease year-over-year (Q4 2022). MRC's quarterly revenue for Q3 2023 was $888M, a 1.95% increase from the previous quarter (Q2 2023), and a -1.77% decrease year-over-year (Q3 2022).

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%.

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.

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.