ChampionX Past Earnings Performance

Past criteria checks 6/6

ChampionX has been growing earnings at an average annual rate of 48%, while the Energy Services industry saw earnings growing at 34.6% annually. Revenues have been growing at an average rate of 26.7% per year. ChampionX's return on equity is 21.8%, and it has net margins of 9.7%.

Key information

48.0%

Earnings growth rate

42.0%

EPS growth rate

Energy Services Industry Growth	23.7%
Revenue growth rate	26.7%
Return on equity	21.8%
Net Margin	9.7%
Last Earnings Update	31 Mar 2024

Recent past performance updates

Recent updates

ChampionX's (NASDAQ:CHX) Dividend Will Be Increased To $0.095

Apr 03

An Intrinsic Calculation For ChampionX Corporation (NASDAQ:CHX) Suggests It's 28% Undervalued

Mar 30

ChampionX Corporation's (NASDAQ:CHX) P/E Is Still On The Mark Following 47% Share Price Bounce

Nov 01

ChampionX Corporation: Shareholder Return Is The Strategic Focus

Sep 07

ChampionX Non-GAAP EPS of $0.28 beats by $0.02, revenue of $932.57M beats by $38.47M

Jul 26

ChampionX Corporation (NASDAQ:CHX) Shares Could Be 47% Below Their Intrinsic Value Estimate

Jul 24

ChampionX Corporation: The Slow Momentum Is Due For A Pickup

Jun 16

Estimating The Intrinsic Value Of ChampionX Corporation (NASDAQ:CHX)

Apr 05

Revenue & Expenses Breakdown
Beta

How ChampionX makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NasdaqGS:CHX Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Mar 24	3,732	364	642
31 Dec 23	3,758	314	629
30 Sep 23	3,801	305	626
30 Jun 23	3,882	250	614
31 Mar 23	3,888	182	594
31 Dec 22	3,806	155	571
30 Sep 22	3,642	131	561
30 Jun 22	3,439	164	545
31 Mar 22	3,256	144	560
31 Dec 21	3,075	113	564
30 Sep 21	2,959	77	562
30 Jun 21	2,774	12	549
31 Mar 21	2,323	-104	521
31 Dec 20	1,900	-744	456
30 Sep 20	1,442	-753	390
30 Jun 20	1,085	-734	337
31 Mar 20	1,092	-601	275
31 Dec 19	1,131	52	274
30 Sep 19	1,196	75	269
30 Jun 19	1,236	89	271
31 Mar 19	1,236	88	270
31 Dec 18	1,218	93	264
30 Sep 18	1,171	133	251
30 Jun 18	1,113	126	237
31 Mar 18	1,063	123	226
31 Dec 17	1,010	110	222
31 Dec 16	751	-13	200
31 Dec 15	1,077	52	234

Quality Earnings: CHX has high quality earnings.

Growing Profit Margin: CHX's current net profit margins (9.7%) are higher than last year (4.7%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: CHX's earnings have grown significantly by 48% per year over the past 5 years.

Accelerating Growth: CHX's earnings growth over the past year (100%) exceeds its 5-year average (48% per year).

Earnings vs Industry: CHX earnings growth over the past year (100%) exceeded the Energy Services industry 57.9%.

ChampionX Past Earnings Performance

Past criteria checks 6/6

Key information

Recent past performance updates

First quarter 2024 earnings: EPS exceeds analyst expectations

ChampionX Corporation to Report Q1, 2024 Results on Apr 24, 2024

Full year 2023 earnings: EPS misses analyst expectations

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

ChampionX Corporation to Report Q3, 2023 Results on Oct 24, 2023

Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Recent updates

First quarter 2024 earnings: EPS exceeds analyst expectations

Now 21% undervalued

ChampionX Corporation to Report Q1, 2024 Results on Apr 24, 2024

Schlumberger Limited (NYSE:SLB) entered into a definitive agreement to acquire ChampionX Corporation (NasdaqGS:CHX) for $7.9 billion.

Price target increased by 9.5% to US$40.11

Schlumberger Limited (NYSE:SLB) entered into a definitive agreement to acquire ChampionX Corporation (NasdaqGS:CHX) for $7.9 billion.

ChampionX's (NASDAQ:CHX) Dividend Will Be Increased To $0.095

Schlumberger Limited (NYSE:SLB) entered into a definitive agreement to acquire ChampionX Corporation (NasdaqGS:CHX) for $7.8 billion.

An Intrinsic Calculation For ChampionX Corporation (NASDAQ:CHX) Suggests It's 28% Undervalued

Upcoming dividend of US$0.095 per share

Is ChampionX (NASDAQ:CHX) Using Too Much Debt?

ChampionX Corporation: A Rise In Demand Will Keep It Balanced

With EPS Growth And More, ChampionX (NASDAQ:CHX) Makes An Interesting Case

ChampionX Corporation (NasdaqGS:CHX) acquired Artificial Lift Performance Limited.

Consensus EPS estimates fall by 14%

ChampionX's (NASDAQ:CHX) Upcoming Dividend Will Be Larger Than Last Year's

Consensus EPS estimates increase by 13%

Fourth quarter dividend of US$0.095 announced

Full year 2023 earnings: EPS misses analyst expectations

ChampionX Corporation Provides Consolidated Earnings Guidance for the First Quarter of 2024

ChampionX Corporation's (NASDAQ:CHX) Subdued P/E Might Signal An Opportunity

The Trend Of High Returns At ChampionX (NASDAQ:CHX) Has Us Very Interested

Upcoming dividend of US$0.085 per share at 1.1% yield

Are Investors Undervaluing ChampionX Corporation (NASDAQ:CHX) By 31%?

ChampionX Corporation Declares a Regular Quarterly Dividend, Payable on January 26, 2024

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Is Now The Time To Put ChampionX (NASDAQ:CHX) On Your Watchlist?

Now 20% undervalued after recent price drop

ChampionX Corporation to Report Q3, 2023 Results on Oct 24, 2023

Upcoming dividend of US$0.085 per share at 0.9% yield

Calculating The Fair Value Of ChampionX Corporation (NASDAQ:CHX)

ChampionX's (NASDAQ:CHX) Returns On Capital Are Heading Higher

Key Executive notifies of intention to sell stock

Key Executive notifies of intention to sell stock

Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Championx Corporation Provides Consolidated Earnings Guidance for the Third Quarter of 2023

President notifies of intention to sell stock

ChampionX Corporation to Report Q2, 2023 Results on Jul 24, 2023

Upcoming dividend of US$0.085 per share at 1.2% yield

Do ChampionX's (NASDAQ:CHX) Earnings Warrant Your Attention?

Calculating The Intrinsic Value Of ChampionX Corporation (NASDAQ:CHX)

Now 20% undervalued after recent price drop

ChampionX (NASDAQ:CHX) Shareholders Will Want The ROCE Trajectory To Continue

Now 21% undervalued after recent price drop

ChampionX Corporation Declares Quarterly Dividend, Payable on July 28, 2023

Now 24% undervalued after recent price drop

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Upcoming dividend of US$0.085 per share at 1.3% yield

Investor sentiment deteriorates as stock falls 15%

A Look At The Fair Value Of ChampionX Corporation (NASDAQ:CHX)

ChampionX (NASDAQ:CHX) Is Increasing Its Dividend To $0.085

Here's Why We Think ChampionX (NASDAQ:CHX) Is Well Worth Watching

ChampionX Corporation Announces Management Changes

ChampionX Corporation Increases Quarterly Dividend, Payable on April 28, 2023

ChampionX Corporation Announces Board Changes

Insider exercised options and sold US$52k worth of stock

Full year 2022 earnings: EPS misses analyst expectations

ChampionX Corporation Announces Goodwill Impairment Charges for the Fourth Quarter Ended December 31, 2022

ChampionX Corporation to Report Q4, 2022 Results on Feb 01, 2023

Insider exercised options and sold US$3.4m worth of stock

Upcoming dividend of US$0.075 per share

Independent Director recently sold US$95k worth of stock

Calculating The Intrinsic Value Of ChampionX Corporation (NASDAQ:CHX)

President exercised options and sold US$308k worth of stock

Price target increased to US$31.50

ChampionX Corporation Declares Regular Quarterly Dividend, Payable on January 27, 2023

Investor sentiment improved over the past week

ChampionX Corporation's (NASDAQ:CHX) P/E Is Still On The Mark Following 47% Share Price Bounce

Senior VP recently sold US$379k worth of stock

Revenue & Expenses Breakdown
Beta