MRC Global 2Q 2023 Earnings Presentation | August 2023

MRC Global's second quarter 2023 earnings presentation reports revenue of $871 million with adjusted gross profit margins of 21.5% and EBITDA margin of 7.2%. The company generated $20 million in operating cash flow and maintained a solid liquidity position of $630 million during the quarter. Growth was driven by PTI and Gas Utilities segments, though DIET projects temporarily paused before resuming in Q3.