ChampionX Corporation is a global leader specializing in advanced chemistry solutions, engineered equipment, and innovative technologies for the oil and gas industry. ...
ChampionX Corporation (CHX) is headquartered in The Woodlands, Texas and operates as an oil and gas technology provider focused on solving production and well-construction challenges with chemistry programs, engineered equipment, and automation technologies. The company’s business is organized around major solution areas: (1) Production Chemical Technologies, which provides chemical treatments ...ChampionX Corporation (CHX) is headquartered in The Woodlands, Texas and operates as an oil and gas technology provider focused on solving production and well-construction challenges with chemistry programs, engineered equipment, and automation technologies. The company’s business is organized around major solution areas: (1) Production Chemical Technologies, which provides chemical treatments used in onshore and offshore operations such as corrosion and scale inhibitors, emulsion breakers, and biocides; these solutions help operators manage corrosion, optimize oil/water separation, maintain flow assurance, and address water-related operational issues, including sour gas treatment and related well and facility needs. (2) Production & Automation Technologies, which centers on engineered production systems and digital/automation capabilities. This includes artificial lift and downhole/production equipment such as electrical submersible pumps (ESP), gas lift and jet pump systems, multiplex surface pumps, progressive cavity pumps, and downhole rod lift systems, along with emissions monitoring, chemical injection systems, flow control valves, and precision gauges. (3) Drilling Technologies, which supplies high-performance components and specialized tools (notably including US Synthetic-branded items such as polycrystalline diamond cutter inserts, bearings, and valves) used for drilling bits and related applications, and also high-density ceramic roof bolt mining tools. (4) Reservoir Chemical Technologies, which delivers specialized chemical solutions and technologies for well interventions—covering services and products related to fracturing, cementing, drilling, and acidizing—such as fracturing fluid packages, drilling and cement additives, and proprietary acidizing products.
From a business and operational standpoint, ChampionX serves oil and gas operators that require reliable chemical performance, compatible engineered equipment, and integrated control/monitoring. The “cost/BOM” nature of its offerings is typically a combination of (a) formulation-driven chemistry (additives, inhibitors, breakers, biocides, and proprietary chemical systems), (b) engineered hardware components (pumps, valves, downhole tools, and instrumentation), and (c) service and technology delivery (design/support for programs, integration of injection/controls, and application-specific treatment planning). Profitability is often tied to product performance, supply chain execution for engineered components, contract or program economics for chemical treatments, and the ability to provide solutions that reduce downtime, mitigate failures (e.g., corrosion/scale), and improve production efficiency.
Financially, the supplied FMP snapshot indicates a market capitalization around $4.94B and an enterprise value around $5.13B, with profitability and margins showing net profit margin around 8.8% and EBITDA margin around 20.5% (TTM). The balance sheet indicators provided show liquidity measures such as a current ratio near 1.99, and capital structure measures reflecting manageable leverage (e.g., net debt/EBITDA around 0.253 from the snapshot). The company also shows positive return on assets/returns on equity on a TTM basis (ROA about 9.2% and ROE about 18.2%), reflecting the degree to which its mix of engineered equipment and chemical/service programs generates operating cash flows.
Key leadership is provided by CEO Sivasankaran “Soma” Somasundaram (President and CEO). In terms of “wishes” or strategic direction implied by its positioning, ChampionX emphasizes innovation—especially integrated production and automation solutions and advanced chemistry programs that improve well performance and operational sustainability. Finally, the legacy context matters: ChampionX was created through corporate consolidation and reorganization (including the Apergy/Ecolab chemical technologies legacy) and later became part of SLB, marking a “next chapter” while retaining its technology-driven oilfield focus.
YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.
QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).
$3.6B
-3.3%
-5.2%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.
$320.3M
+1.9%
+3.7%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.
+32.7%
+7.9%
-1.4%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).
+12.9%
-4.4%
-5.0%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.
+8.8%
+5.4%
+9.4%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.
$448.4M
+12.7%
-78.8%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.
+12.3%
+16.5%
-77.6%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.
37.7%
-5.1%
-9.3%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.
1.99x
+9.3%
+13.2%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.