Championx Stock Net Income

CHX Stock  USD 31.28  0.58  1.89%   
ChampionX fundamentals help investors to digest information that contributes to ChampionX's financial success or failures. It also enables traders to predict the movement of ChampionX Stock. The fundamental analysis module provides a way to measure ChampionX's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ChampionX stock.
Last ReportedProjected for Next Year
Net Income Applicable To Common Shares139.5 M146.4 M
Net Income318.7 M334.7 M
Net Income From Continuing Ops306.8 M322.2 M
Net Income Per Share 1.60  1.68 
Net Income Per E B T 0.74  0.91 
Net Income Applicable To Common Shares is likely to rise to about 146.4 M in 2024. Net Income is likely to rise to about 334.7 M in 2024.
  
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ChampionX Company Net Income Analysis

ChampionX's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current ChampionX Net Income

    
  318.72 M  
Most of ChampionX's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ChampionX is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

ChampionX Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for ChampionX is extremely important. It helps to project a fair market value of ChampionX Stock properly, considering its historical fundamentals such as Net Income. Since ChampionX's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of ChampionX's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of ChampionX's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

ChampionX Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(34.7 Million)

ChampionX reported Accumulated Other Comprehensive Income of (36.53 Million) in 2023
Based on the recorded statements, ChampionX reported net income of 318.72 M. This is 85.97% lower than that of the Energy Equipment & Services sector and significantly higher than that of the Energy industry. The net income for all United States stocks is 44.18% higher than that of the company.

ChampionX Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ChampionX's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ChampionX could also be used in its relative valuation, which is a method of valuing ChampionX by comparing valuation metrics of similar companies.
ChampionX is currently under evaluation in net income category among its peers.

ChampionX ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, ChampionX's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to ChampionX's managers, analysts, and investors.
Environmental
Governance
Social

ChampionX Institutional Holders

Institutional Holdings refers to the ownership stake in ChampionX that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of ChampionX's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing ChampionX's value.
Shares
Bessemer Group Inc2024-06-30
3.1 M
Van Eck Associates Corporation2024-06-30
2.8 M
Northern Trust Corp2024-09-30
2.6 M
Omers Administration Corp2024-09-30
2.6 M
Charles Schwab Investment Management Inc2024-09-30
2.6 M
Soros Fund Management Llc2024-06-30
2.5 M
Clearbridge Advisors, Llc2024-06-30
2.4 M
Bank Of New York Mellon Corp2024-06-30
2.3 M
Magnetar Financial Llc2024-06-30
2.2 M
Blackrock Inc2024-06-30
23.2 M
Vanguard Group Inc2024-09-30
19.7 M

ChampionX Fundamentals

About ChampionX Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze ChampionX's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ChampionX using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ChampionX based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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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.