Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). MRC Global's share price for the quarter that ended in Mar. 2024 was $12.57. MRC Global's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 85 Mil. Therefore, MRC Global's market cap for the quarter that ended in Mar. 2024 was $1,069 Mil.
MRC Global's quarterly market cap
increased
from Sep. 2023 ($864 Mil) to Dec. 2023 ($928 Mil) and
increased
from Dec. 2023 ($928 Mil) to Mar. 2024 ($1,069 Mil).
MRC Global's annual market cap
increased
from Dec. 2021 ($572 Mil) to Dec. 2022 ($969 Mil) but then
declined
from Dec. 2022 ($969 Mil) to Dec. 2023 ($928 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. MRC Global's Enterprise Value for Today is $1,893 Mil.
MRC Global Market Cap Historical Data
The historical data trend for MRC Global's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Oil & Gas Equipment & Services subindustry, MRC Global's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
MRC Global's Market Cap Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, MRC Global's Market Cap distribution charts can be found below:
* The bar in red indicates where MRC Global's Market Cap falls into.
MRC Global Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
MRC Global's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MRC Global (NYSE:MRC) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
MRC Global Market Cap Related Terms
Thank you for viewing the detailed overview of MRC Global's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
MRC Global Inc distributes pipes, valves, fittings, and related products and services to the energy industry. Products are often used in the construction, maintenance, repair, and overhaul of equipment used in extreme operating conditions. In these conditions and other environments, MRC's valve products give the customer the ability to control the direction, velocity, and pressure of fluids and gases within transmission networks. In addition, other products can be used to regulate flow and on/off service. MRC's other products, which include pipe, steel fitting, and tubular goods, are used across all of the industries in which the company operates. Specialized services are delivered alongside this array of products to enhance the client relationship.
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