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Dec 31, 2024

ChampionX Q4 2024 Earnings Report

ChampionX's financial performance in Q4 2024 was marked by revenue growth and strong profitability.

Key Takeaways

ChampionX reported a revenue of $912 million for Q4 2024, a slight increase sequentially. Net income attributable to ChampionX was $82.8 million, and adjusted EBITDA reached $212.3 million. The company's adjusted EBITDA margin hit its highest level as ChampionX at 23.3%.

ChampionX's Q4 revenue reached $912 million, driven by seasonal strength in Production Chemical Technologies.

Net income attributable to ChampionX was $82.8 million, with an income before income taxes margin of 13.0%.

Adjusted EBITDA was $212 million, representing a 23.3% adjusted EBITDA margin.

Cash flow from operating activities was $207 million, and free cash flow was $170 million.

Total Revenue
$912M
Previous year: $944M
-3.3%
EPS
$0.5
Previous year: $0.44
+13.6%
Gross Profit
$312M
Previous year: $282M
+10.5%
Cash and Equivalents
$508M
Previous year: $289M
+75.9%
Free Cash Flow
$167M
Previous year: $140M
+19.7%
Total Assets
$3.47B
Previous year: $3.24B
+7.1%

ChampionX

ChampionX

ChampionX Revenue by Segment

Revenue & Expenses

Visualization of income flow from segment revenue to net income