MRC Global Inc. reported 2021 year-end sales of $2.66 billion, a 4% increase over 2020. The pipes, valves and fittings distributor also reported 2021 fourth-quarter sales of $686 million, an 18% increase over the same period in 2020. For the year, adjusted EBITDA was $146 million, 5.5% of sales, a 51% improvement over 2020. In […]
Category: MRC Global
MRC Global Chairman to Retire
Pipes, valves and fittings distributor MRC Global Inc. (NYSE: MRC) of Houston announced that current Chairman of the Board Rhys J. Best will retire the annual meeting of the company’s stockholders scheduled May 5. The company’s board of directors has selected Robert L. (Bob) Wood to be its next chairman, “effective and contingent upon his […]
MRC Global 3Q Sales Up
Pipes, valves and fittings distributor MRC Global Inc. (NYSE: MRC) of Houston reported 2021 third-quarter sales of $685 million, a 17% increase over the same quarter last year. The company reported $686 million in sales in 2021’s second quarter. MRC Global’s U.S. segment experienced modest growth, led by the downstream, industrial and energy transition sector, […]
