ChampionX Gross Profit from 2010 to 2024

CHX Stock

USD 30.95 0.25 0.81%

ChampionX Gross Profit yearly trend continues to be fairly stable with very little volatility. Gross Profit will likely drop to about 601.8 M in 2024. Gross Profit is the profit ChampionX makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals

Gross Profit

First Reported

2017-03-31

Previous Quarter

284.4 M

Current Value

297.8 M

Quarterly Volatility

84.3 M

Covid

Check ChampionX financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ChampionX's main balance sheet or income statement drivers, such as Tax Provision of 94.9 M, Depreciation And Amortization of 185.5 M or Interest Expense of 33.2 M, as well as many indicators such as Price To Sales Ratio of 2.35, Dividend Yield of 0.0108 or PTB Ratio of 1.85. ChampionX financial statements analysis is a perfect complement when working with ChampionX Valuation or Volatility modules.

Check out the analysis of ChampionX Correlation against competitors.

For more information on how to buy ChampionX Stock please use our How to Invest in ChampionX guide.

Latest ChampionX's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of ChampionX over the last few years. Gross profit is a required income statement account that reflects total revenue of ChampionX minus its cost of goods sold. It is profit before ChampionX operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. ChampionX's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ChampionX's overall financial position and show how it may be relating to other accounts over time.

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Last Reported 945.88 M

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Gross Profit

Timeline

ChampionX Gross Profit Regression Statistics

	Arithmetic Mean	496,028,778
	Geometric Mean	451,255,604
	Coefficient Of Variation	50.02
	Mean Deviation	186,567,274
	Median	382,978,000
	Standard Deviation	248,134,006
	Sample Variance	61570.5T
	Range	944.4M
	R-Value	0.67
	Mean Square Error	36711.5T
	R-Squared	0.45
	Significance	0.01
	Slope	37,068,363
	Total Sum of Squares	861986.8T

ChampionX Gross Profit History

	2024	601.8 M
	2023	1.1 B
	2022	898.7 M
	2021	743.3 M
	2020	409.2 M
	2019	377.1 M
	2018	416.3 M

Other Fundumenentals of ChampionX

Gross Profit Margin

ChampionX Gross Profit component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Accounts Payable	Net Receivables	Good Will	Long Term Debt Total	Total Liab	Total Current Assets	Intangible Assets	Property Plant Equipment	Net Tangible Assets	Current Deferred Revenue	Short Term Debt	Common Stock	Long Term Debt	Net Invested Capital	Net Working Capital	Retained Earnings	Capital Surpluse	Capital Stock	Deferred Long Term Liab	Short Long Term Debt	Short Term Investments
Total Assets		0.39	0.65	0.95	0.99	-0.95	0.79	0.94	0.98	-0.16	0.97	0.76	0.61	0.96	-0.73	0.78	0.99	0.99	-0.98	0.98	0.99	-0.68	-0.58	-0.33
Total Stockholder Equity	0.39		-0.42	0.3	0.27	-0.39	-0.24	0.06	0.32	0.49	0.33	0.77	0.35	0.32	0.3	-0.24	0.4	0.35	-0.4	0.38	0.39	-0.3	-0.25	-0.17
Net Debt	0.65	-0.42		0.62	0.72	-0.61	0.97	0.86	0.66	-0.45	0.67	0.1	0.22	0.71	-0.94	0.97	0.66	0.67	-0.64	0.63	0.64	-0.32	-0.28	-0.2
Accounts Payable	0.95	0.3	0.62		0.97	-0.91	0.79	0.92	0.99	-0.38	0.93	0.73	0.65	0.87	-0.77	0.77	0.91	0.96	-0.91	0.96	0.95	-0.79	-0.67	-0.34
Net Receivables	0.99	0.27	0.72	0.97		-0.93	0.85	0.97	0.99	-0.29	0.97	0.7	0.64	0.94	-0.8	0.84	0.96	0.99	-0.96	0.97	0.98	-0.71	-0.61	-0.31
Good Will	-0.95	-0.39	-0.61	-0.91	-0.93		-0.75	-0.89	-0.94	0.29	-0.92	-0.84	-0.61	-0.88	0.74	-0.77	-0.96	-0.97	0.98	-0.97	-0.98	0.8	0.75	0.59
Long Term Debt Total	0.79	-0.24	0.97	0.79	0.85	-0.75		0.95	0.82	-0.48	0.82	0.3	0.35	0.8	-0.97	0.99	0.78	0.82	-0.77	0.79	0.79	-0.5	-0.43	-0.27
Total Liab	0.94	0.06	0.86	0.92	0.97	-0.89	0.95		0.95	-0.35	0.94	0.54	0.54	0.92	-0.91	0.94	0.92	0.95	-0.92	0.92	0.93	-0.63	-0.54	-0.29
Total Current Assets	0.98	0.32	0.66	0.99	0.99	-0.94	0.82	0.95		-0.3	0.97	0.74	0.65	0.91	-0.78	0.8	0.95	0.99	-0.95	0.98	0.98	-0.76	-0.65	-0.33
Intangible Assets	-0.16	0.49	-0.45	-0.38	-0.29	0.29	-0.48	-0.35	-0.3		-0.2	-0.11	-0.19	-0.06	0.62	-0.48	-0.14	-0.26	0.17	-0.28	-0.23	0.6	0.61	0.49
Property Plant Equipment	0.97	0.33	0.67	0.93	0.97	-0.92	0.82	0.94	0.97	-0.2		0.71	0.56	0.91	-0.74	0.79	0.95	0.97	-0.95	0.98	0.96	-0.69	-0.59	-0.3
Net Tangible Assets	0.76	0.77	0.1	0.73	0.7	-0.84	0.3	0.54	0.74	-0.11	0.71		0.57	0.64	-0.3	0.32	0.77	0.77	-0.79	0.8	0.8	-0.78	-0.74	-0.61
Current Deferred Revenue	0.61	0.35	0.22	0.65	0.64	-0.61	0.35	0.54	0.65	-0.19	0.56	0.57		0.49	-0.38	0.36	0.56	0.61	-0.61	0.57	0.62	-0.66	-0.66	-0.11
Short Term Debt	0.96	0.32	0.71	0.87	0.94	-0.88	0.8	0.92	0.91	-0.06	0.91	0.64	0.49		-0.73	0.81	0.97	0.94	-0.95	0.9	0.94	-0.48	-0.38	-0.24
Common Stock	-0.73	0.3	-0.94	-0.77	-0.8	0.74	-0.97	-0.91	-0.78	0.62	-0.74	-0.3	-0.38	-0.73		-0.98	-0.73	-0.77	0.73	-0.74	-0.75	0.59	0.53	0.39
Long Term Debt	0.78	-0.24	0.97	0.77	0.84	-0.77	0.99	0.94	0.8	-0.48	0.79	0.32	0.36	0.81	-0.98		0.79	0.81	-0.79	0.77	0.79	-0.5	-0.45	-0.34
Net Invested Capital	0.99	0.4	0.66	0.91	0.96	-0.96	0.78	0.92	0.95	-0.14	0.95	0.77	0.56	0.97	-0.73	0.79		0.98	-0.99	0.97	0.99	-0.65	-0.57	-0.4
Net Working Capital	0.99	0.35	0.67	0.96	0.99	-0.97	0.82	0.95	0.99	-0.26	0.97	0.77	0.61	0.94	-0.77	0.81	0.98		-0.99	0.99	1.0	-0.74	-0.65	-0.41
Retained Earnings	-0.98	-0.4	-0.64	-0.91	-0.96	0.98	-0.77	-0.92	-0.95	0.17	-0.95	-0.79	-0.61	-0.95	0.73	-0.79	-0.99	-0.99		-0.97	-0.99	0.7	0.63	0.45
Capital Surpluse	0.98	0.38	0.63	0.96	0.97	-0.97	0.79	0.92	0.98	-0.28	0.98	0.8	0.57	0.9	-0.74	0.77	0.97	0.99	-0.97		0.99	-0.78	-0.68	-0.44
Capital Stock	0.99	0.39	0.64	0.95	0.98	-0.98	0.79	0.93	0.98	-0.23	0.96	0.8	0.62	0.94	-0.75	0.79	0.99	1.0	-0.99	0.99		-0.74	-0.65	-0.43
Deferred Long Term Liab	-0.68	-0.3	-0.32	-0.79	-0.71	0.8	-0.5	-0.63	-0.76	0.6	-0.69	-0.78	-0.66	-0.48	0.59	-0.5	-0.65	-0.74	0.7	-0.78	-0.74		0.97	0.67
Short Long Term Debt	-0.58	-0.25	-0.28	-0.67	-0.61	0.75	-0.43	-0.54	-0.65	0.61	-0.59	-0.74	-0.66	-0.38	0.53	-0.45	-0.57	-0.65	0.63	-0.68	-0.65	0.97		0.74
Short Term Investments	-0.33	-0.17	-0.2	-0.34	-0.31	0.59	-0.27	-0.29	-0.33	0.49	-0.3	-0.61	-0.11	-0.24	0.39	-0.34	-0.4	-0.41	0.45	-0.44	-0.43	0.67	0.74

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About ChampionX Financial Statements

ChampionX investors use historical fundamental indicators, such as ChampionX's Gross Profit, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in ChampionX. Please read more on our technical analysis and fundamental analysis pages.

	Last Reported	Projected for Next Year
Gross Profit	1.1 B	601.8 M
Gross Profit Margin	0.30	0.32

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Additional Tools for ChampionX Stock Analysis

When running ChampionX's price analysis, check to measure ChampionX's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ChampionX is operating at the current time. Most of ChampionX's value examination focuses on studying past and present price action to predict the probability of ChampionX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ChampionX's price. Additionally, you may evaluate how the addition of ChampionX to your portfolios can decrease your overall portfolio volatility.

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