Private company

ChampionX Corp

American construction company, incorporated in Delaware.

Last updated Oct 18, 2026.

Overview

IndustryConstruction, Mining & Materials Handling Machinery & Equip
HeadquartersDE
Incorporated inDE²
Business address2445 Technology Forest Blvd, Building 4, Floor 12, The Woodlands, Tx 77381²
Filer categoryLarge accelerated filer²

See how the biggest companies compare on our leaderboards

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2024

32.7%Gross margin³

13.7%Operating margin³

8.8%Net margin³

-3.3%Revenue growth, 2024³

17.3%Return on equity³

0.32×Debt to equity³

$448.4MFree cash flow³

Where the money goes

Where each dollar of revenue went, fiscal 2024

Cost of revenueSelling, general and admin

Cost of revenue67¢$2.4B
Research and development2¢$56.3M
Selling, general and admin20¢$720.6M
Income tax3¢$115.7M
Profit9¢$320.3M

Out of $3.6B in revenue.³

Where each dollar of operating cash went, fiscal 2024

Capital spendingDividends paidKept or used elsewhere

Capital spending24¢$141.3M
Dividends paid12¢$70.5M
Share buybacks8¢$49.4M
Kept or used elsewhere56¢$328.4M

Out of $589.7M of cash from operations.³

Financial statements

Revenue⁴⁵⁶⁷³$3.6B in 2024+198% since 2018

Gross profit⁴⁵⁶⁷³$1.2B in 2024+185% since 2018

Operating income³$498.7M in 2024+106% since 2022

Net income⁴⁵⁶⁷³$320.3M in 2024+245% since 2018

Fiscal year	2018	2019	2020	2021	2022	2023	2024
Revenue	$1.2B⁴	$1.1B⁵	$1.9B⁶	$3.1B⁷	$3.8B³	$3.8B³	$3.6B³
Cost of revenue	$801.2M⁴	$754.1M⁵	$1.5B⁶	$2.3B⁷	$2.9B³	$2.6B³	$2.4B³
Gross profit	$417.0M⁴	$377.1M⁵	$409.2M⁶	$743.3M⁷	$898.7M³	$1.1B³	$1.2B³
Research and development	$16.0M⁴	$12.9M⁵	$31.2M⁶	$46.5M⁷	$45.1M³	$53.3M³	$56.3M³
Selling, general and admin	$264.0M⁴	$274.3M⁵	$463.8M⁶	$570.4M⁷	$592.3M³	$633.0M³	$720.6M³
Operating income					$242.0M³	$478.4M³	$498.7M³
Income tax	$28.2M⁴	$6.2M⁵	-$20.4M⁶	$38.4M⁷	$40.2M³	$105.1M³	$115.7M³
Net income	$92.7M⁴	$52.2M⁵	-$743.9M⁶	$113.3M⁷	$155.0M³	$314.2M³	$320.3M³
Earnings per share	$1.20⁴	$0.67⁵	-$5.01⁶	$0.56⁷	$0.77³	$1.60³	$1.68³
Earnings per share (diluted)	$1.19⁴	$0.67⁵	-$5.01⁶	$0.54⁷	$0.75³	$1.57³	$1.65³

Total assets¹⁰⁴⁵⁶³$3.5B in 2024+76% since 2018

Total liabilities¹⁰⁴⁵⁶⁷³$1.6B in 2024+64% since 2018

Shareholders’ equity¹⁰⁴⁵⁶⁷³$1.8B in 2024+90% since 2018

Cash¹¹⁶⁵⁷³$507.7M in 2024+1114% since 2018

Long-term debt¹⁰⁴⁵⁶⁷³$591.5M in 2024−11% since 2018

Fiscal year	2018	2019	2020	2021	2022	2023	2024
Cash	$41.8M¹¹	$35.3M⁶	$201.4M⁵	$251.7M⁶	$250.2M⁷	$288.6M³	$507.7M³
Current assets	$531.2M¹⁰	$493.4M⁴	$1.3B⁵	$1.5B⁶	$1.5B⁷	$1.4B³	$1.6B³
Total assets	$2.0B¹⁰	$1.9B⁴	$3.5B⁵	$3.5B⁶	$3.4B³	$3.2B³	$3.5B³
Current liabilities	$213.8M¹⁰	$199.7M⁴	$622.6M⁵	$802.3M⁶	$859.0M⁷	$782.7M³	$785.9M³
Long-term debt	$663.2M¹⁰	$555.3M⁴	$905.8M⁵	$697.7M⁶	$621.7M⁷	$594.3M³	$591.5M³
Total liabilities	$997.1M¹⁰	$886.6M⁴	$1.9B⁵	$1.8B⁶	$1.7B⁷	$1.6B³	$1.6B³
Shareholders’ equity	$973.5M¹⁰	$1.0B⁴	$1.6B⁵	$1.8B⁶	$1.7B⁷	$1.7B³	$1.8B³
Shares outstanding	77.4M shares¹⁰	77.5M shares⁴	200.4M shares⁵	202.9M shares⁶	198.5M shares⁷	191.3M shares³	190.7M shares³

Cash from operations⁴⁵⁶⁷³$589.7M in 2024+260% since 2018

Capital spending⁴⁵⁶⁷³$141.3M in 2024+144% since 2018

Free cash flow⁴⁵⁶⁷³$448.4M in 2024+323% since 2018

Dividends paid⁶⁷³$70.5M in 2024

Share buybacks⁶⁷³$49.4M in 2024

Fiscal year	2018	2019	2020	2021	2022	2023	2024
Cash from operations	$163.9M⁴	$155.9M⁵	$310.0M⁶	$328.2M⁷	$413.4M³	$540.3M³	$589.7M³
Capital spending	$57.9M⁴	$39.8M⁵	$45.2M⁶	$84.5M⁷	$102.8M³	$142.3M³	$141.3M³
Free cash flow	$106.0M	$116.1M	$264.9M	$243.8M	$310.6M	$397.9M	$448.4M
Dividends paid			$0⁶	$0⁷	$45.6M³	$65.0M³	$70.5M³
Share buybacks			$0⁶	$0⁷	$180.1M³	$277.6M³	$49.4M³
Dividend per share					$0.30³	$0.34³	$0.38³

Compare ChampionX Corp with another company

Leadership

Who has led ChampionX Corp, and when. Pick a name to see everywhere that person has worked.

20202025

Chief executive officerSivasankaran Somasundaram Apr 19, 2018 to now¹²
PresidentSivasankaran Somasundaram Apr 19, 2018 to now¹²
Chief financial officerJay A. Nutt Apr 19, 2018 to Jun 5, 2020¹³

Board members and other officers (19)

VP, Corp Controller, CAOAntoine Marcos Jun 5, 2020 to now¹⁴
OfficerDeric D. Bryant Jun 5, 2020 to now¹⁵
SVP & Chief HR OfficerJordan Zweig Jun 5, 2020 to now¹⁶
Senior VP & Chief HR OfficerAmy Thompson Broussard Apr 19, 2018 to May 20, 2020¹⁷
Senior VP, GC & SecretaryJulia Wright Apr 19, 2018 to now¹⁸
OfficerPaul E. Mahoney Apr 19, 2018 to now¹⁹
Pres., Drilling TechnologiesRobert K. Galloway Apr 19, 2018 to now²⁰
Senior VP OperationsShankar Annamalai Apr 19, 2018 to May 21, 2019²¹
SVP & Chief Digital OfficerSyed Raza Apr 19, 2018 to now²²
Board memberElaine M. Pickle Feb 16, 2023 to now²³
Board memberFierro A. Carlos Feb 16, 2023 to now²⁴
Board memberHeidi S. Alderman Jun 5, 2020 to now²⁵
Board memberStuart D. Porter Jun 5, 2020 to now²⁶
Board memberSivasankaran Somasundaram Apr 19, 2018 to now¹²
Board memberDaniel Wayne Rabun May 11, 2018 to now²⁷
Board memberGary Luquette May 11, 2018 to now²⁸
Board memberMamatha Chamarthi May 11, 2018 to now²⁹
Board memberStephen K. Wagner May 11, 2018 to May 11, 2023³⁰
Board memberStephen M. Todd May 11, 2018 to now³¹

Former names

Apergy CorpJan 3, 2018 to Jun 3, 2020²
Wellsite CorpDec 4, 2017 to Jan 12, 2018²

Timeline

Apr 19, 2018New chief executive Sivasankaran Somasundaram becomes CEO¹²

Filings

312 filings to the SEC since October 2021: 4 annual reports, 11 quarterly reports, 33 major events, 199 insider forms, 5 large holders, 60 other. The latest 20:

Jul 28, 202515-12G EDGAR
Jul 16, 2025S-8 POS EDGAR
Jul 16, 2025S-8 POS EDGAR
Jul 16, 2025S-8 POS EDGAR
Jul 16, 2025S-8 POS EDGAR
Jul 16, 20258-K EDGAR
Jul 16, 20254 EDGAR
Jul 16, 20254 EDGAR
Jul 16, 20254 EDGAR
Jul 16, 20254 EDGAR
Jul 16, 20254 EDGAR
Jul 16, 20254 EDGAR
Jul 16, 20254 EDGAR
Jul 16, 20254 EDGAR
Jul 16, 20254 EDGAR
Jul 16, 20254 EDGAR
Jul 16, 20254 EDGAR
Jul 16, 20254 EDGAR
Jul 16, 20254 EDGAR
Jul 16, 20254 EDGAR

The 312 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last three years, summarized. The full record is on SEC EDGAR.

Insider trades and holders

Large holders

Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 5 such filings since October 2021:

Feb 13, 2024SC 13G/A
Feb 9, 2023SC 13G/A
Nov 10, 2022SC 13G/A
Feb 14, 2022SC 13G/A
Feb 9, 2022SC 13G/A

From Forms 4 and Schedules 13D and 13G filed with the SEC.

Sources

The numbers on this page point here. Each one links to the record it came from.

1
SEC EDGARChampionX Corp filings on SEC EDGAR
2
SEC EDGARChampionX Corp filings on SEC EDGAR
3
SEC EDGARChampionX Corp 10-K for fiscal 2024
4
SEC EDGARChampionX Corp 10-K for fiscal 2018
5
SEC EDGARChampionX Corp 10-K for fiscal 2019
6
SEC EDGARChampionX Corp 10-K for fiscal 2020
7
SEC EDGARChampionX Corp 10-K for fiscal 2021
8
SEC EDGARChampionX Corp 10-Q for fiscal 2024
9
SEC EDGARChampionX Corp 10-Q for fiscal 2025
10
SEC EDGARChampionX Corp 10-K for fiscal 2018
11
SEC EDGARChampionX Corp 10-K for fiscal 2018
12
SEC EDGARSivasankaran Somasundaram, Chief executive officer
13
SEC EDGARJay A. Nutt, Chief financial officer
14
SEC EDGARAntoine Marcos, VP, Corp Controller, CAO
15
SEC EDGARDeric D. Bryant, Officer
16
SEC EDGARJordan Zweig, SVP & Chief HR Officer
17
SEC EDGARAmy Thompson Broussard, Senior VP & Chief HR Officer
18
SEC EDGARJulia Wright, Senior VP, GC & Secretary
19
SEC EDGARPaul E. Mahoney, Officer
20
SEC EDGARRobert K. Galloway, Pres., Drilling Technologies
21
SEC EDGARShankar Annamalai, Senior VP Operations
22
SEC EDGARSyed Raza, SVP & Chief Digital Officer
23
SEC EDGARElaine M. Pickle, Board member
24
SEC EDGARFierro A. Carlos, Board member
25
SEC EDGARHeidi S. Alderman, Board member
26
SEC EDGARStuart D. Porter, Board member
27
SEC EDGARDaniel Wayne Rabun, Board member
28
SEC EDGARGary Luquette, Board member
29
SEC EDGARMamatha Chamarthi, Board member
30
SEC EDGARStephen K. Wagner, Board member
31
SEC EDGARStephen M. Todd, Board member