CHX · Championx Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $864.46M | - | $906.53M | $893.27M | $922.14M | - | $939.78M | $926.60M | $948.35M | - |
| Cost of Revenue | $572.94M | - | $608.76M | $613.43M | $622.94M | - | $647.92M | $644.39M | $664.99M | - |
| Gross Profit | $291.53M | - | $297.77M | $279.85M | $299.20M | - | $291.86M | $282.21M | $283.36M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $177.04M | - | $180.50M | $183.00M | $172.41M | - | $162.32M | $162.48M | $160.82M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $60.06M | - | - | - | $59.58M | - | - | - | $56.71M | - |
| Operating Income | $153.69M | - | $101.75M | $83.26M | $139.76M | - | $109.80M | $108.28M | $91.81M | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $15.38M | - | $28.08M | $27.87M | $26.60M | - | $29.01M | $11.66M | $28.67M | - |
| Net Income | $85.80M | - | $72.01M | $52.57M | $112.92M | - | $77.71M | $95.80M | $63.53M | - |
| EPS - Basic | $0.45 | - | $0.38 | $0.28 | $0.59 | - | $0.40 | $0.49 | $0.32 | - |
| EPS - Diluted | $0.44 | - | $0.37 | $0.27 | $0.58 | - | $0.39 | $0.48 | $0.31 | - |
Balance Sheet
| Line item | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $526.56M | $507.68M | $389.11M | $393.30M | $386.02M | $288.56M | $285.01M | $263.09M | $248.00M | $250.19M |
| Accounts Receivable | $417.64M | $466.78M | $434.11M | $441.40M | $471.81M | $534.53M | $520.11M | $522.11M | $539.38M | $601.06M |
| Inventory | $497.18M | $496.83M | $546.82M | $539.00M | $543.22M | $521.55M | $588.80M | $599.04M | $591.79M | $542.54M |
| Accounts Payable | $498.33M | $455.53M | $455.49M | $484.47M | $532.21M | $451.68M | $500.02M | $550.83M | $539.17M | $469.57M |
| Current Assets | $1.77B | $1.56B | $1.44B | $1.45B | $1.48B | $1.43B | $1.49B | $1.48B | $1.47B | $1.50B |
| Total Assets | $3.50B | $3.47B | $3.38B | $3.29B | $3.32B | $3.24B | $3.31B | $3.33B | $3.33B | $3.39B |
| Current Liabilities | $784.90M | $785.87M | $740.19M | $727.71M | $807.19M | $782.75M | $793.88M | $814.46M | $841.01M | $858.98M |
| Long-term Debt | $590.75M | $591.45M | $592.16M | $592.87M | $593.58M | $594.28M | $594.94M | $595.16M | $595.94M | $621.70M |
| Total Liabilities | $1.60B | $1.64B | $1.58B | $1.56B | $1.63B | $1.58B | $1.61B | $1.62B | $1.66B | $1.71B |
| Stockholders' Equity | $1.92B | $1.85B | $1.81B | $1.75B | $1.71B | $1.68B | $1.72B | $1.73B | $1.69B | $1.69B |
| Retained Earnings | ($171.24M) | ($239.05M) | ($303.67M) | ($357.44M) | ($391.81M) | ($455.68M) | ($442.83M) | ($457.15M) | ($506.46M) | ($527.60M) |
Cash Flow
| Line item | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $66.80M | - | - | - | $173.51M | - | - | - | $92.38M | - |
| Investing Cash Flow | ($28.25M) | - | - | - | ($10.79M) | - | - | - | ($23.02M) | - |
| Financing Cash Flow | ($20.15M) | - | - | - | ($64.09M) | - | - | - | ($71.11M) | - |
| CapEx | $31.25M | - | - | - | $31.91M | - | - | - | $26.53M | - |
| Free Cash Flow | $35.55M | - | - | - | $141.60M | - | - | - | $65.85M | - |
Ratios
| Metric | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 33.7% | - | 32.8% | 31.3% | 32.4% | - | 31.1% | 30.5% | 29.9% | - |
| Operating margin | 17.8% | - | 11.2% | 9.3% | 15.2% | - | 11.7% | 11.7% | 9.7% | - |
| EBITDA margin | 24.7% | - | - | - | 21.6% | - | - | - | 15.7% | - |
| Net margin | 9.9% | - | 7.9% | 5.9% | 12.2% | - | 8.3% | 10.3% | 6.7% | - |
| Free cash flow margin | 4.1% | - | - | - | 15.4% | - | - | - | 6.9% | - |
| FCF / Net income | 0.41 | - | - | - | 1.25 | - | - | - | 1.04 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 20.5% | - | 19.9% | 20.5% | 18.7% | - | 17.3% | 17.5% | 17.0% | - |
| Effective tax rate | 15.2% | - | 28.1% | 34.6% | 19.1% | - | 27.2% | 10.8% | 31.1% | - |
| Return on assets | 2.5% | - | 2.1% | 1.6% | 3.4% | - | 2.3% | 2.9% | 1.9% | - |
| Return on equity | 4.5% | - | 4.0% | 3.0% | 6.6% | - | 4.5% | 5.5% | 3.8% | - |
| Return on invested capital | 5.2% | - | 3.0% | 2.3% | 4.9% | - | 3.5% | 4.2% | 2.8% | - |
| Liquidity | ||||||||||
| Current ratio | 2.25 | 1.99 | 1.94 | 1.99 | 1.83 | 1.82 | 1.87 | 1.82 | 1.75 | 1.74 |
| Quick ratio | 1.62 | 1.36 | 1.20 | 1.25 | 1.16 | 1.15 | 1.13 | 1.09 | 1.04 | 1.11 |
| Cash ratio | 0.67 | 0.65 | 0.53 | 0.54 | 0.48 | 0.37 | 0.36 | 0.32 | 0.29 | 0.29 |
| Leverage | ||||||||||
| Debt / Equity | 0.31 | 0.32 | 0.33 | 0.34 | 0.35 | 0.35 | 0.35 | 0.34 | 0.35 | 0.37 |
| Debt / Assets | 0.17 | 0.17 | 0.18 | 0.18 | 0.18 | 0.18 | 0.18 | 0.18 | 0.18 | 0.18 |
| Debt / EBITDA | 2.76 | - | - | - | 2.98 | - | - | - | 4.01 | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 1.83 | 1.88 | 1.86 | 1.88 | 1.94 | 1.93 | 1.92 | 1.92 | 1.97 | 2.00 |
| Liabilities / Assets | 0.46 | 0.47 | 0.47 | 0.47 | 0.49 | 0.49 | 0.48 | 0.49 | 0.50 | 0.50 |
| Efficiency | ||||||||||
| Asset turnover | 0.25 | - | 0.27 | 0.27 | 0.28 | - | 0.28 | 0.28 | 0.29 | - |
| Inventory turnover | 1.15 | - | 1.11 | 1.14 | 1.15 | - | 1.10 | 1.08 | 1.12 | - |
| Days sales outstanding | 176d | - | 175d | 180d | 187d | - | 202d | 206d | 208d | - |
| Days inventory outstanding | 317d | - | 328d | 321d | 318d | - | 332d | 339d | 325d | - |
| Days payable outstanding | 317d | - | 273d | 288d | 312d | - | 282d | 312d | 296d | - |
| Cash conversion cycle | 176d | - | 230d | 213d | 193d | - | 252d | 233d | 236d | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -6.3% | - | -3.5% | -3.6% | -2.8% | - | -8.0% | -0.6% | 9.5% | - |
| Revenue CAGR (3y) | -0.1% | - | 3.5% | 6.0% | 10.4% | - | 14.0% | 45.8% | 53.7% | - |
| Revenue CAGR (5y) | 27.0% | - | 26.6% | 23.9% | 25.0% | - | 29.4% | 24.8% | 27.3% | - |
| Gross profit growth (YoY) | -2.6% | - | 2.0% | -0.8% | 5.6% | - | 48.5% | 33.2% | 36.5% | - |
| Operating income growth (YoY) | 10.0% | - | -7.3% | -23.1% | 52.2% | - | 193.0% | 854.1% | 106.0% | - |
| Net income growth (YoY) | -24.0% | - | -7.3% | -45.1% | 77.7% | - | 236.9% | 250.4% | 73.1% | - |
| EPS growth (YoY) | -24.1% | - | -5.1% | -43.7% | 87.1% | - | 254.5% | 269.2% | 72.2% | - |
| EPS CAGR (3y) | 34.7% | - | 11.1% | 108.0% | 168.4% | - | - | - | - | - |
| EPS CAGR (5y) | - | - | 23.3% | -2.7% | 14.9% | - | 3.4% | 14.9% | - | - |
| FCF growth (YoY) | -74.9% | - | - | - | 115.0% | - | - | - | - | - |
| FCF CAGR (5y) | 10.3% | - | - | - | 69.3% | - | - | - | 38.0% | - |
| Book value growth (YoY) | 12.1% | 10.1% | 5.4% | 0.9% | 1.3% | -1.1% | 0.6% | -4.3% | -5.8% | -4.3% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2024-12-31.
Business segments
$3.64B totalProduction Chemical Technologies$2.29B · 62.9%
Productionand Automation Technologies$1.04B · 28.7%
Drilling Technologies$211.83M · 5.8%
Reservoir Chemical Technologies$94.30M · 2.6%
Product / service
$3.52B totalProduct$3.12B · 88.6%
Service$400.48M · 11.4%
Geographic
$2.29B totalUS$1.02B · 44.8%
Middle East And Africa$353.24M · 15.4%
CA$315.70M · 13.8%
Latin America$307.59M · 13.4%
Europe$199.73M · 8.7%
Asia Pacific$66.81M · 2.9%
AU$20.98M · 0.9%
Peer comparison
Same SIC group: Construction, Mining & Materials Handling Machinery & Equip
| Company | Revenue (last FY) | Net margin | ROE |
|---|---|---|---|
| DOV | $8.09B | 13.5% | 14.8% |
Comparing ChampionX Corp against the 1 most active filer in the same SIC group.