For the quarter ending 2025-09-30, MRC had -$16M decrease in cash & cash equivalents over the period. -$43M in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Cash and cash equivalents at beginning of period | 63 | - |
| Net income | -9 | 21 |
| Depreciation and amortization | 6 | 12 |
| Amortization of intangibles | 4 | 9 |
| Equity-based compensation expense | 4 | 8 |
| Deferred income tax (benefit) | -2 | 0 |
| Increase (decrease) in lifo reserve | 13 | 11 |
| Other non-cash items | -2 | 3 |
| Accounts receivable | 4 | 80 |
| Inventories | 47 | 82 |
| Other current assets | 2 | 4 |
| Accounts payable | -4 | 106 |
| Accrued expenses and other current liabilities | 3 | -23 |
| Operating cash flows from continuing operations | -36 | -25 |
| Operating cash flows from discontinued operations | -1 | -5 |
| Net cash (used in) provided by operating activities | -37 | -30 |
| Purchases of property, plant and equipment | 6 | 24 |
| Other investing activities | 0 | -5 |
| Investing cash flows from continuing operations | -6 | -19 |
| Investing cash flows from discontinued operations | 1 | 17 |
| Net cash used in investing activities | -5 | -2 |
| Payments on revolving credit facilities | 167 | 337 |
| Proceeds from revolving credit facilities | 195 | 400 |
| Payments on debt obligations | 1 | 1 |
| Debt issuance costs paid | 1 | - |
| Dividends paid on preferred stock | 0 | 0 |
| Repurchases of common stock | 0 | 15 |
| Repurchases of shares to satisfy tax withholdings | 0 | 7 |
| Other financing activities | 0 | -1 |
| Financing cash flows from continuing operations | 26 | 39 |
| Financing cash flows from discontinued operations | 0 | 0 |
| Net cash provided by (used in) financing activities | 26 | 39 |
| Decrease in cash | -16 | 7 |
| Effect of exchange rate changes on cash | 5 | - |
| Cash and cash equivalents at end of period | 59 | - |
MRC
MRC