ChampionX Corporation (CHX)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 32.71% | 31.62% | 31.18% | 30.96% | 30.32% | 30.00% | 26.91% | 25.06% | 23.61% | 22.55% | 23.85% | 24.22% | 24.17% | 23.80% | 22.96% | 21.05% | 21.54% | 21.90% | 25.80% | 32.63% |
| Operating profit margin | 13.72% | 9.19% | 9.56% | 10.16% | 9.95% | 9.39% | 5.16% | 3.82% | 2.13% | 0.53% | 3.05% | 1.99% | 0.83% | 0.32% | -1.66% | -7.77% | -44.74% | -47.90% | -61.91% | -47.55% |
| Pretax margin | 12.00% | 11.81% | 11.89% | 12.50% | 11.16% | 10.40% | 8.39% | 6.28% | 5.13% | 4.28% | 5.86% | 5.72% | 4.93% | 4.09% | 0.95% | -4.09% | -40.23% | -55.08% | -70.73% | -57.46% |
| 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% |
ChampionX Corporation's profitability ratios have shown a positive trend over the last few years. The gross profit margin has steadily increased from 32.63% on March 31, 2020, to 32.71% on December 31, 2024, indicating an improvement in the company's ability to generate revenue after accounting for the cost of goods sold.
The operating profit margin has also shown significant improvement, moving from negative percentages in 2020 to 13.72% on December 31, 2024. This suggests that ChampionX has been able to control its operating expenses more effectively and enhance operational efficiency.
Furthermore, the pretax margin has shown a consistent increase over the years, indicating that the company has been able to generate more profit before taxes. Starting at -57.46% on March 31, 2020, the pretax margin improved to 12.00% by December 31, 2024, reflecting better management of both revenue and expenses.
Lastly, the net profit margin, which represents the percentage of revenue that translates into profit, has also shown a positive trend. It has increased from -55.05% on March 31, 2020, to 8.81% on December 31, 2024, indicating that ChampionX has been able to improve its bottom line profitability over the years.
Overall, ChampionX Corporation's profitability ratios demonstrate a consistent growth trajectory, reflecting improved operational efficiency and better financial performance.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 14.37% | 9.97% | 10.75% | 11.41% | 11.54% | 10.78% | 6.02% | 4.46% | 2.39% | 0.57% | 3.02% | 1.81% | 0.72% | 0.27% | -1.32% | -5.19% | -24.45% | -19.99% | -19.08% | -41.71% |
| Return on assets (ROA) | 9.23% | 9.32% | 9.74% | 10.94% | 9.69% | 9.21% | 7.52% | 5.46% | 4.57% | 3.84% | 4.74% | 4.04% | 3.21% | 2.20% | 0.36% | -3.00% | -21.40% | -21.81% | -20.84% | -48.28% |
| Return on total capital | 20.45% | 14.00% | 15.12% | 16.46% | 16.47% | 15.40% | 8.62% | 6.50% | 3.50% | 0.82% | 4.19% | 2.61% | 1.03% | 0.38% | -1.83% | -7.10% | -33.57% | -29.79% | -28.43% | -159.31% |
| Return on equity (ROE) | 17.35% | 17.35% | 18.36% | 21.26% | 18.74% | 17.71% | 14.47% | 10.77% | 9.15% | 7.63% | 9.09% | 8.05% | 6.40% | 4.47% | 0.74% | -6.35% | -45.75% | -47.08% | -45.90% | -154.65% |
ChampionX Corporation's profitability ratios have shown a positive trend over the past few years. The Operating Return on Assets (Operating ROA) improved from negative percentages to positive percentages, indicating the company's ability to generate profits from its operational assets. Return on Assets (ROA) also increased from negative values to positive values, demonstrating the company's efficiency in generating earnings relative to its total assets.
Return on Total Capital saw significant growth from negative to positive percentages, indicating the company's ability to generate returns from both equity and debt investments. Return on Equity (ROE) exhibited a consistent upward trend, indicating the company's capacity to generate profits for its shareholders.
Overall, ChampionX Corporation has shown improvements in its profitability ratios, reflecting an enhanced ability to generate returns from its assets, capital, and equity over the analyzed period.