ChampionX
CHX
$33.34
Share price
4.15%
Change (1 day)
18.48%
Change (1 year)
Categories
Operating Margin for ChampionX (CHX)
Operating Margin as of June 2024 (TTM): 8.36%
According to ChampionX's latest financial reports and stock price the company's current Operating Margin is 8.36%. At the end of 2022 the company had an Operating Margin of 5.17%.
Operating Margin history for ChampionX from 2017 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 5.17% | 4.14% |
| 2021 | 4.97% | -112.37% |
| 2020 | -40.14% | -867.31% |
| 2019 | 5.23% | -48.37% |
| 2018 | 10.13% | 14.59% |
| 2017 | 8.84% | -450.76% |
| 2016 | -2.52% | -135.13% |
| 2015 | 7.18% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Oceaneering International
OII | 6.01% | -28.11% | 🇺🇸 USA |
 Oil States International
OIS | 2.03% | -75.72% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.