ChampionX Return On Capital Employed from 2010 to 2024

CHX Stock  USD 34.36  0.17  0.50%   
ChampionX Return On Capital Employed yearly trend continues to be fairly stable with very little volatility. Return On Capital Employed is likely to outpace its year average in 2024. During the period from 2010 to 2024, ChampionX Return On Capital Employed regression line of annual values had r-squared of  0.38 and arithmetic mean of  0.07. View All Fundamentals
 
Return On Capital Employed  
First Reported
2010-12-31
Previous Quarter
0.20602549
Current Value
0.22
Quarterly Volatility
0.06570238
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ChampionX financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ChampionX 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 exotic indicators such as Price To Sales Ratio of 2.35, Dividend Yield of 0.0175 or PTB Ratio of 1.85. ChampionX financial statements analysis is a perfect complement when working with ChampionX Valuation or Volatility modules.
  
This module can also supplement ChampionX's financial leverage analysis and stock options assessment as well as various ChampionX Technical models . 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 Return On Capital Employed Growth Pattern

Below is the plot of the Return On Capital Employed of ChampionX over the last few years. It is ChampionX's Return On Capital Employed 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.
Return On Capital Employed10 Years Trend
Slightly volatile
   Return On Capital Employed   
       Timeline  

ChampionX Return On Capital Employed Regression Statistics

Arithmetic Mean0.07
Geometric Mean0.06
Coefficient Of Variation90.96
Mean Deviation0.05
Median0.05
Standard Deviation0.07
Sample Variance0
Range0.2388
R-Value0.61
Mean Square Error0
R-Squared0.38
Significance0.01
Slope0.01
Total Sum of Squares0.06

ChampionX Return On Capital Employed History

2024 0.22
2023 0.21
2022 0.12
2021 0.0749
2020 -0.0188
2019 0.0572
2018 0.0868

About ChampionX Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include ChampionX income statement, its balance sheet, and the statement of cash flows. ChampionX investors use historical funamental indicators, such as ChampionX's Return On Capital Employed, to determine how well the company is positioned to perform in the future. Although ChampionX investors may use each financial statement separately, they are all related. The changes in ChampionX's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ChampionX's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on ChampionX Financial Statements. Understanding these patterns can help to make the right decision on long term investment in ChampionX. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Capital Employed 0.21  0.22 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether ChampionX offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ChampionX's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Championx Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Championx Stock:
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.
Note that the ChampionX information on this page should be used as a complementary analysis to other ChampionX's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

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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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Is ChampionX's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ChampionX. If investors know ChampionX will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ChampionX listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.871
Dividend Share
0.35
Earnings Share
1.84
Revenue Per Share
19.216
Quarterly Revenue Growth
(0.03)
The market value of ChampionX is measured differently than its book value, which is the value of ChampionX that is recorded on the company's balance sheet. Investors also form their own opinion of ChampionX's value that differs from its market value or its book value, called intrinsic value, which is ChampionX's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ChampionX's market value can be influenced by many factors that don't directly affect ChampionX's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ChampionX's value and its price as these two are different measures arrived at by different means. Investors typically determine if ChampionX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ChampionX's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.