• ChampionX average return on equity for 2023 was 15.57, a 83.18% increase from 2022.
• ChampionX average return on equity for 2022 was 8.5, a 511.51% increase from 2021.
• ChampionX average return on equity for 2021 was 1.39, a 102.1% increase from 2020.

Roe - return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.