NYSE$MRC

Mrc Global Inc · Q2 2025 earnings

Q2 2025 earnings · · Before market open · Investor relations

Briefing

MRC Global reported Q2 2025 revenue of $798.0M, net income of $13.0M, diluted EPS of $0.15.

For Q2 2025, MRC Global reported Revenue was $798.0M, net income was $13.0M, diluted EPS was $0.15. Management discusses segment trends, liquidity, and outlook in the quarterly filing.

  • Revenue $798.0M for Q2 2025.
  • Net income $13.0M.
  • Diluted EPS $0.15.

Headline financials

Total Revenue

$798M

Previous: $832M-4.1%
EPS (adj)

$0.15

Previous: $0.31-51.6%
Adjusted EBITDA

$54M

No prior period
Adjusted Gross Profit

$172M

No prior period
Adjusted SG&A

$124M

No prior period
Net Debt

$374M

No prior period
Net Debt Leverage Ratio

2.2

No prior period
Backlog

$589M

No prior period
Gross Profit % of Sales

18.9%

No prior period
Adjusted Gross Profit % of Sales

21.6%

No prior period
Adjusted EBITDA % of Sales

6.8%

No prior period
SG&A % of Sales

16.3%

No prior period
Adjusted SG&A % of Sales

15.5%

No prior period
Income Tax Expense

$5M

No prior period
Effective Tax Rate

28.0%

No prior period
Common Shares Outstanding

85.0M

No prior period
Net Income

$13M

Previous: $24M-45.8%
Operating Income

$21M

Previous: $48M-56.3%
Gross Profit

$151M

Previous: $173M-12.7%

Revenue & EPS history

MRC Global · Revenue · Quarterly

$798M

Q2 2025-4.1%vs Q2 2024
Beat estimate in 7 of 15 quarters(47%)
ActualEstimate

Revenue by segment

MRC Global · $850M total across 2 segments · Q3 2023

  • U.S. Sales
    $745M-3.0%
  • International Sales
    $105M+6.1%

Forward guidance

The quarterly filing discusses operating priorities, liquidity, and sector risks.

Tailwinds

  • MD&A outlines strategic priorities and capital allocation.
  • Segment commentary supports the earnings narrative.

Headwinds

  • Macro, rates, or input costs may pressure margins.
  • One-time items can affect year-over-year comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 7 quarterly earnings reports · overlaid with Q2 2025

Historical avgQ2 2025

+1.5%

Avg return

Earnings day

+5.7%

Avg return

5 days after

+3.8%

Avg return

30 days after

53%

29 / 55 earnings

Positive

+43.4%

Q1 2020

Best reaction

-19.2%

Q1 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025———
Q3 2025———
Q2 2025-6.7%-5.9%+5.2%
Q1 2025-6.0%+6.6%+4.5%
Q4 2024+2.4%+6.4%-11.6%
Q3 2024+18.4%+11.8%+13.6%
Q2 2024-3.8%-7.6%-5.2%
Q1 2024+9.4%+18.8%+8.5%
Q4 2023+8.3%+9.7%+11.9%
Q3 2023-5.3%——
Q2 2023-16.7%——
Q1 2023+0.3%——
Q4 2022-3.1%——
Q3 2022+8.0%——
Q2 2022-13.1%——
Q1 2022-19.2%——
Q4 2021+13.7%——
Q3 2021-9.3%——
Q2 2021-4.3%——
Q1 2021+5.3%——
Q4 2020-7.0%——
Q3 2020+4.0%——
Q2 2020+0.3%——
Q1 2020+43.4%——
Q4 2019-8.2%——
Q3 2019+22.0%——
Q2 2019-3.4%——
Q1 2019+7.7%——
Q4 2018+9.2%——
Q3 2018+10.0%——
Q2 2018-3.0%——
Q1 2018+2.2%——
Q4 2017-1.2%——
Q3 2017-2.7%——
Q2 2017+0.1%——
Q1 2017+4.0%——
Q4 2016-1.8%——
Q3 2016+2.0%——
Q2 2016+6.7%——
Q1 2016+1.1%——
Q4 2015+15.0%——
Q3 2015+14.6%——
Q2 2015-0.8%——
Q1 2015+14.2%——
Q4 2014-5.8%——
Q3 2014+3.7%——
Q2 2014-6.0%——
Q1 2014-0.2%——
Q4 2013-13.7%——
Q3 2013+4.7%——
Q2 2013-9.9%——
Q1 2013+6.7%——
Q4 2012-6.0%——
Q3 2012+3.1%——
Q2 2012-1.4%——
Q1 2011-0.2%——
Q1 2012+1.6%——
Q4 2009———
Q4 2011———
Q3 2011———
Q3 2010———
Q4 2010———
Q2 2011———
Q2 2010———
Q1 2010———

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