ChampionX Corporation (CHX)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 320,266 | 314,698 | 320,401 | 363,629 | 314,238 | 304,897 | 250,254 | 181,799 | 154,969 | 130,561 | 164,321 | 144,229 | 113,299 | 77,207 | 12,465 | -104,430 | -743,930 | -753,110 | -733,802 | -601,220 |
| Revenue (ttm) | US$ in thousands | 3,633,983 | 3,665,501 | 3,698,751 | 3,732,079 | 3,758,285 | 3,800,585 | 3,882,362 | 3,888,334 | 3,805,947 | 3,642,237 | 3,439,462 | 3,256,062 | 3,074,990 | 2,958,967 | 2,773,708 | 2,323,450 | 1,899,996 | 1,441,622 | 1,084,935 | 1,092,191 |
| Net profit margin | 8.81% | 8.59% | 8.66% | 9.74% | 8.36% | 8.02% | 6.45% | 4.68% | 4.07% | 3.58% | 4.78% | 4.43% | 3.68% | 2.61% | 0.45% | -4.49% | -39.15% | -52.24% | -67.64% | -55.05% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $320,266K ÷ $3,633,983K
= 8.81%
Based on the data provided, the net profit margin of ChampionX Corporation has shown a significant improvement over the quarters, steadily increasing from negative figures in the past to positive percentages in recent periods.
The company's net profit margin was in negative territory in the first few quarters, indicating that ChampionX was operating at a loss during those periods. However, there has been a marked turnaround starting from the first quarter of the year 2021, transitioning to positive net profit margins.
The positive trend in net profit margin suggests that ChampionX has been able to effectively control its costs and expenses while increasing its revenue generation. This improvement reflects positively on the company's operational efficiency and profitability.
The upward trajectory of the net profit margin indicates that ChampionX has been able to enhance its bottom line performance and create value for its shareholders. It also signifies that the company's financial health has strengthened over time, potentially indicating a more stable and sustainable business model.
Overall, the consistent enhancement in net profit margin for ChampionX Corporation showcases a positive trend in its financial performance and management effectiveness.
Peer comparison
Dec 31, 2024