ChampionX CorpCHX

Market cap

$5.9B

P/E ratio

18.7x

	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023
Product revenue	1,085	1,001	1,623	2,656	3,318	3,297
Service revenue	83	82	218	343	400	364
Product and service revenue	1,217	1,131	1,900	3,075	3,806	3,758
Lease and other revenue	-	-	58	76	88	96
Cost of Revenue	800	754	1,491	2,332	2,907	2,619
Gross profit	416	377	409	743	899	1,140
Selling, general and administrative expense	263	276	464	570	592	633
Goodwill impairment	-	-	616	-	40	-
Long-lived asset impairments and loss (gain) on disposal groups	-	-	-	-	-	-13
Interest expense, net	-27	-39	-52	-52	-45	-55
Foreign currency transaction losses, net	-	-	-	-	-	-36
Other expense (income), net	-3	-3	1	32	-6	21
Income before income taxes	123	59	-763	153	197	424
Provision for income taxes	29	6	-20	38	40	105
Net income	94	53	-742	114	157	319
Net income attributable to noncontrolling interest	0	1	2	1	2	4
Net income attributable to ChampionX	94	53	-742	114	157	319
Earnings Per Share, Basic	1.22	0.67	-5.01	0.56	0.77	1.6
Earnings Per Share, Diluted	1.21	0.67	-5.01	0.54	0.75	1.57