What is ROE for Championx in the second quarter 2024?
Championx Corp achieved a return on average equity (ROE) of
19.29 % in its second quarter 2024, this is above CHX's average return on equity of -5.74%.
Championx Corp shareholder's equity over the 12 months ending in its second quarter 2024 are valued at $1,698 million
ROE decreased relative to the period ending , due to the decline in net income.
Within the
Industrial Machinery and Components industry 18 other companies had a higher return on equity. While return on equity, the total ranking has deteriorated compared to the first quarter 2024 from
465 to
546.
What is ROE?
