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Championx Corp  (CHX)
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Championx's ROA from the fourth quarter of 2023 to the fourth quarter of 2022 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics


What is Championx's ROA in the fourth quarter of 2023?
Championx Corp achieved a return on average assets (ROA) of 9.89 % in its fourth quarter of 2023, this is above CHX's average return on assets of -3.84%.
Championx Corps assets during the 12 months ending in the fourth quarter of 2023 are valued at $3 billion

Despite the company's net income deteriorating, Championx was able to improve its ROA compared to the third quarter of 2023.

However, within the Capital Goods sector 64 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Dec 31 2023 quarter, so far to 468, from total ROA ranking in the third quarter of 2023 at 653.

What is ROA?


Return On Assets (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Total Assets Change -3.73 % -2.36 % -3.48 % -6.35 % -3.66 %
Y / Y Net Income Change 17.94 % 247.87 % 234.39 % 65.42 % 51.42 %
Net Income (TTM) in million 319 307 249 182 157
Return On Assets (TTM) 9.89 % 9.43 % 7.61 % 5.49 % 4.66 %
CHX's Total Ranking # 468 # 653 # 884 # 1178 # 1619
Total Assets (TTM) in million 3,173 3,237 3,246 3,240 3,296
Seq. Total Assets Change -1.98 % -0.29 % 0.2 % -1.7 % -0.58 %
Seq. Net Income Change -3.26 % -16.39 % 53.02 % -4.72 % 185.33 %



Return On Assets Company Ranking
Within: No.
Industry # 24
Sector # 65
Overall # 467

Return On Assets Statistics
High Average Low
9.65 %
-3.84 %
-33.99 %
(Dec 31 2023)   (Jun 30 2020)





Financial Statements
Championx's Assets $ 3,173 million CHX's Balance sheet
Championx's Income $ 78 million Quarterly CHX's Income Statement
CHX's Income by Division See CHX's Income by Division



Annual Return On Assets (Dec 31 2023)
FY 2023
(Dec 31 2022)
FY 2022
(Dec 31 2021)
FY 2021
(Dec 31 2019)
FY 2019
(Dec 31 2018)
FY 2018
Y / Y Total Assets Change -3.73 % -3.66 % 77.93 % -2.48 % -
Total Assets in million 3,173 3,296 3,421 1,923 1,972
Y / Y Net Income Change 103.57 % 37.05 % 115.71 % -43.95 % -
Net Income in million 319 157 114 53 94
Return On Assets 10.04 % 4.75 % 3.34 % 2.75 % 4.79 %




Comment on CHX's ROA in the fiscal year ending 2023
In the fiscal year 2023 ROA improved to 10.04 % compared to prior year, due to annual net income growth of 103.57 % to $318.72 million, and due to decline of value in Championx's assets by -3.73 % to $3,173.03 million, compared to $3,173.03 a year before.


More Return On Assets Ratios
CHX's' Return on Assets at Yahoo Finance
Industrial Machinery and Components Industry Return On Assets Trends and Statistics
Capital Goods Sector Roa Statistics
Roa Trends for overall market
CHX's Roa Ratio versus Industrial Machinery and Components Industry, Capital Goods Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Roa for CHX's Competitors
Roa for Championx's Suppliers
Return On Assets for CHX's Customers

You may also want to know
CHX's Roi CHX's Inventory Turnover Ratio CHX's Growth Rates CHX's Dividend Comparisons
CHX's Profitability Ratios CHX's Asset Turnover Ratio CHX's Dividend Growth
CHX's Roe CHX's Valuation Ratios CHX's Financial Strength Ratios CHX's Dividend Payout Ratio



Companies with similar Return On Assets at Dec 31 2023, within Capital Goods Sector ROA
Nvr Inc   25.15 %
Atkore Inc   23.08 %
John Bean Technologies Corporation  22.05 %
Marine Products Corporation  21.80 %
Dover Corporation  21.24 %
Axcelis Technologies Inc  21.02 %
Lennox International Inc   20.63 %
Asml Holding Nv  19.62 %
Nextracker Inc   19.53 %
Aaon Inc   19.29 %
Graco Inc   19.02 %
Illinois Tool Works Inc  18.93 %
Lam Research Corporation  18.36 %
Hudson Technologies Inc  17.76 %
Wabash National Corporation  17.03 %
Pultegroup Inc  16.83 %
Advanced Drainage Systems Inc   16.46 %
Lincoln Electric Holdings Inc  16.44 %
Greystone Logistics Inc   16.34 %
Watsco Inc   16.19 %
Intuitive Machines Inc   15.63 %
Blue Bird Corporation  15.28 %
Oil dri Corporation Of America  15.25 %
Terex Corp  15.04 %
Sci Engineered Materials inc   14.88 %
Taylor Devices Inc  14.86 %
D r Horton Inc   14.78 %
Snap on Inc  14.17 %
Ies Holdings Inc   14.12 %
Applied Industrial Technologies Inc   13.76 %


Date modified: 2024-02-06T23:16:15+00:00


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