Distribution Strategy Group

MRC Global 1Q 2022 Sales Up 22% 

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MRC Global Inc (NYSE: MRC), a global distributor of pipe, valves, fittings and infrastructure products and services, announced its first-quarter 2022 sales were $742 million, an 8% sequential increase and a 22% improvement over the same prior-year quarter. Net income was $10 million.  

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“I am very pleased with our excellent financial performance in the first quarter. Our revenue was up 8% sequentially, led by our Upstream Production and Downstream, Industrial and Energy Transition (DIET) sectors,” MRC Global President and CEO Rob Saltiel said.  

About Jonathan Bein

Jonathan Bein, Ph.D. is Managing Partner at Distribution Strategy Group. He’s developed customer-facing analytics approaches for customer segmentation, customer lifecycle management, positioning and messaging, pricing and channel strategy for distributors that want to align their sales and marketing resources with how their customers want to shop and buy. If you’re ready to drive real ROI, reach out to Jonathan today at [email protected].

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