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MRC GLOBAL INC. (MRC)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Asset impairment    242.0    462.0
Pre-tax income  110.0-14.0-283.066.095.07.0-91.0-342.0
Income taxes  35.00.0-9.027.021.0-43.0-8.0-11.0
            Tax rate  31.8%0.0%3.2%40.9%22.1% 8.8%3.2%
Net income  51.0-38.0-298.015.050.050.0-107.0-344.0
            Net margin  1.5%-1.4%-11.6%0.4%1.2%1.4%-3.5%-7.6%
   
Basic EPS  $0.61($0.46)($3.63)$0.18$0.55$0.53($1.10)($3.37)
Diluted EPS  $0.60($0.46)($3.63)$0.18$0.54$0.52($1.10)($3.37)
   
Shares outstanding (basic)  83.582.582.083.090.194.397.3102.1
Shares outstanding (diluted)  84.982.582.083.991.895.697.3102.1
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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