ChampionX Corporation

NasdaqGS:CHX Stock Report

Market Cap: US$5.1b

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

ChampionX Past Earnings Performance

Past criteria checks 2/6

ChampionX has been growing earnings at an average annual rate of 68.4%, while the Energy Services industry saw earnings growing at 58.2% annually. Revenues have been growing at an average rate of 16.8% per year. ChampionX's return on equity is 15.9%, and it has net margins of 8.2%.

Key information

68.41%

Earnings growth rate

77.23%

EPS growth rate

Energy Services Industry Growth23.71%
Revenue growth rate16.75%
Return on equity15.91%
Net Margin8.20%
Last Earnings Update31 Mar 2025

Recent past performance updates

Recent updates

Seeking Alpha Feb 27

ChampionX On Track For Acquisition By Schlumberger

Summary ChampionX Corporation reported Q4 '24 earnings with a slight revenue decline but improved profitability, driven by asset-light operations and strong performance in Production Chemical Technologies. ChampionX is being acquired by Schlumberger in an all-stock transaction, making CHX shares mirror SLB shares' performance; thus, a price target is not provided. Enhanced oil recovery in the Permian Basin has driven significant production gains, supporting ChampionX's growth and solidifying the value of its production chemicals. Despite the acquisition, ChampionX's strong financial position and potential synergies with Schlumberger justify a HOLD rating amid a robust oil production outlook. Read the full article on Seeking Alpha
Seeking Alpha Nov 04

ChampionX Acquisition By Schlumberger Still Moving Along

Summary ChampionX remains in M&A limbo after the DoJ made a second request for additional information relating to its acquisition deal with Schlumberger. CHX's financial performance has been weak, with declining revenues and margins, particularly in the Reservoir and Production Chemical Technologies segments. Given the current market conditions and limited upside, this all-stock deal may be best participated in on the sidelines. The close date has been pushed back to Q4'24-Q1'25. Read the full article on Seeking Alpha
Seeking Alpha Mar 04

ChampionX Corporation: A Rise In Demand Will Keep It Balanced

Summary ChampionX Corporation's chemistry business in North America is showing signs of recovery with higher chemical intensity, pricing, and market share gains. The company is focused on increasing shareholder return through a repurchase program and quarterly dividends. CHX is on track to achieve its financial goals, including a 20% EBITDA margin and positive cash flows in 2023. Read the full article on Seeking Alpha

Revenue & Expenses Breakdown

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)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 253,57629361556
31 Dec 243,63432062056
30 Sep 243,66631560953
30 Jun 243,69932059453
31 Mar 243,73236458853
31 Dec 233,75831457653
30 Sep 233,8013056250
30 Jun 233,8822506130
31 Mar 233,8881825940
31 Dec 223,80615552645
30 Sep 223,6421315610
30 Jun 223,4391645450
31 Mar 223,2561445600
31 Dec 213,0751135640
30 Sep 212,959775620
30 Jun 212,774125490
31 Mar 212,323-1045210
31 Dec 201,900-7444560
30 Sep 201,442-7533900
30 Jun 201,085-7343370
31 Mar 201,092-6012750
31 Dec 191,131522740
30 Sep 191,196752690
30 Jun 191,236892710
31 Mar 191,236882700
31 Dec 181,218932640
30 Sep 181,1711332510
30 Jun 181,1131262370
31 Mar 181,0631232260
31 Dec 171,0101102220
31 Dec 16751-132000
31 Dec 151,077522340

Quality Earnings: CHX has high quality earnings.

Growing Profit Margin: CHX's current net profit margins (8.2%) are lower than last year (9.7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: CHX has become profitable over the past 5 years, growing earnings by 68.4% per year.

Accelerating Growth: CHX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CHX had negative earnings growth (-19.4%) over the past year, making it difficult to compare to the Energy Services industry average (7.8%).


Return on Equity

High ROE: CHX's Return on Equity (15.9%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/15 15:59
End of Day Share Price 2025/07/15 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

ChampionX Corporation is covered by 14 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Douglas BeckerBenchmark Company
Douglas BeckerCapital One Securities, Inc.
Scott GruberCitigroup Inc