MRC · As filed with the SEC

MRC Global income statement, by fiscal year

The statement as MRC Global presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.

Consolidated Statements of Operations · USD millions, except per-share amounts

USD millions, except per-share amounts	FY2024 Year ended Dec 31, 2024	FY2023 Year ended Dec 31, 2023	FY2022 Year ended Dec 31, 2022
Sales	3,011	3,266	3,197
Cost of sales	2,391	2,596	2,613
Gross profit	620	670	584
Selling, general and administrative expenses	485	482	449
Operating income	135	188	135
Other (expense) income:
Interest expense	(26)	(32)	(24)
Other, net	(4)	(2)	(6)
Income from continuing operations before income taxes	105	154	105
Income tax expense from continuing operations	27	39	35
Net income from continuing operations	78	115	70
(Loss) income from discontinued operations, net of tax	(23)	(1)	5
Net income	55	114	75
Series A preferred stock dividends	20	24	24
Loss on repurchase and retirement of preferred stock	9	0	0
Net income attributable to common stockholders	26	90	51
Basic earnings (loss) per common share:
Income from continued operations (in dollars per share)	0.58	1.08	0.55
(Loss) income from discontinued operations (in dollars per share)	(0.27)	(0.01)	0.06
Basic earnings per common share (in dollars per share)	0.31	1.07	0.61
Diluted earnings (loss) per common share:
Income from continued operations (in dollars per share)	0.57	1.06	0.54
(Loss) income from discontinued operations (in dollars per share)	(0.27)	(0.01)	0.06
Diluted earnings per common share (in dollars per share)	0.30	1.05	0.60
Weighted-average common shares, basic (in shares)	85,100,000	84,200,000	83,500,000
Weighted-average common shares, diluted (in shares)	86,600,000	85,500,000	84,900,000

As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.