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Chart Industries, Inc.

Chart Industries, Inc.

NYSE•GTLS
CEO: Ms. Jillian C. Evanko
Sector: Industrials
Industry: Industrial - Machinery
Listing Date: 2006-07-26
Chart Industries, Inc. engages in the designing, engineering, and manufacturing of process technologies and equipment for the gas and liquid molecules in the United States and internationally. The company operates in four segments: Cryo Tank Solutions, Heat Transfer Systems, Specialty Products, and Repair, Service & Leasing. It provides bulk and packaged gas cryogenic solutions for the storage, distribution, vaporization, and application of industrial gases; cryogenic trailers, ISO containers, bulk storage tanks, loading facilities, and regasification equipment for delivering liquefied natural gas (LNG) into virtual pipeline applications; and large vacuum insulated storage tanks as equipment for purchasers of standard liquefaction plants. The company also offers natural gas processing solutions; process technology, liquefaction capabilities, and critical equipment for the LNG, include small to mid-scale facilities, floating LNG applications, and large base-load export facilities; brazed aluminum heat exchangers, Core-in-Kettle heat exchangers, cold boxes, air cooled heat exchangers, pressure vessels, and pipe works; and air cooled heat exchangers and axial cooling fans for the HVAC, power, and refining applications. Further, it provides extended warranties, plant start-up, parts, 24/7 support, monitoring and process optimization, repairing, maintenance, and upgrading services; plant services on equipment; and service locations that undertake installation, service, repair, maintenance, and refurbishment of cryogenic products, as well as equipment leasing solutions. Chart Industries, Inc. was founded in 1859 and is headquartered in Ball Ground, Georgia.
Contact Information
2200 Airport Industrial Drive, Suite 100, Ball Ground, GA, 30107, United States
770-721-8800
www.chartindustries.com
Market Cap
$8.97B
P/E (TTM)
128.5
37.8
Dividend Yield
--
52W High
$220.03
52W Low
$104.60
52W Range
82%
2.9
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 2.9 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024

Financial Dashboard

Q3 2025 Data

Revenue

$1.10B+3.59%
4-Quarter Trend

EPS

-$3.08-308.11%
4-Quarter Trend

FCF

$94.70M-45.73%
4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Consolidated Sales Growth Consolidated sales reached $1.10B for the three months ended September 30, 2025, marking a 3.6% increase over the prior year period.
Strong Backlog Growth Total ending backlog grew to $6.05B as of September 30, 2025, up $1.51B compared to the $4.54B reported September 30, 2024.
Baker Hughes Merger Approved Stockholders approved the Baker Hughes merger on October 6, 2025, offering $210.00 cash consideration per share of common stock.
Improved Cash Position Cash and cash equivalents increased to $399.2M by period end, reflecting a $90.6M increase since December 31, 2024.

Risk Factors

Significant Net Loss Three months net loss attributable to Chart was $(138.5)M, a material negative swing from $69.0M income reported in the prior year.
Flowserve Termination Cost Recorded $266.0M termination fee expense in the third quarter related to the Flowserve merger termination agreement during 2025.
Merger Regulatory Hurdles Merger closing remains subject to regulatory approvals; failure to satisfy conditions could delay transaction or result in termination costs.
Pending Shareholder Litigation Facing lawsuits alleging misleading proxy statements regarding the proposed Baker Hughes transaction, seeking injunctive relief and damages.

Outlook

Merger Closing Timeline Expect merger closing mid-2026, subject to satisfaction of remaining regulatory conditions and other closing requirements.
Future Revenue Visibility Remaining performance obligations total $6.05B, with approximately 53% expected to be recognized within the next 12 months.
Sufficient Liquidity Current cash balances and operating cash flow are expected to meet working capital needs, capital expenditures, and debt repayments.
Energy Transition Focus Continuing commitment to ESG leadership as a provider of technology for LNG, hydrogen, biogas, and carbon capture applications.

Peer Comparison

Revenue (TTM)

Parsons CorporationPSN
$6.68B
+9.2%
Regal Rexnord CorporationRRX
$5.87B
-5.0%
Applied Industrial Technologies, Inc.AIT
$4.66B
+4.0%

Gross Margin (Latest Quarter)

Watts Water Technologies, Inc.WTS
50.6%
+2.9 pp
SPX Technologies, Inc.SPXC
40.4%
-0.5 pp
A. O. Smith CorporationAOS
38.7%
+1.3 pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
SPXC$10.47B48.313.7%14.5%
GNRC$9.86B31.512.3%28.5%
AIT$9.80B24.218.6%18.0%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-0.2%
Flat Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
75%
Volatile Cash Flow

Research & Insights

Reports
All Years
  • Form 10-Q - Q3 2025

    Period End: Sep 30, 2025|Filed: Oct 29, 2025|
    Revenue: $1.10B+3.6%
    |
    EPS: $-3.08-308.1%
    N/A
  • Form 10-Q - Q2 2025

    Period End: Jun 30, 2025|Filed: Jul 29, 2025|
    Revenue: $1.08B+4.0%
    |
    EPS: $1.54+25.2%
    Miss
  • Form 10-Q - Q1 2025

    Period End: Mar 31, 2025|Filed: May 1, 2025|
    Revenue: $1.00B+5.3%
    |
    EPS: $0.95+763.6%
    Miss
  • Form 10-K - FY 2024

    Period End: Dec 31, 2024|Filed: Feb 28, 2025|
    Revenue: $4.16B+24.1%
    |
    EPS: $4.54+845.8%
    Miss
  • Form 10-Q - Q3 2024

    Period End: Sep 30, 2024|Filed: Nov 1, 2024|
    Revenue: $1.06B+18.3%
    |
    EPS: $1.48-1950.0%
    Miss
  • Form 10-Q - Q2 2024

    Period End: Jun 30, 2024|Filed: Aug 2, 2024|
    Revenue: $1.04B+14.6%
    |
    EPS: $1.23+2360.0%
    Miss
  • Form 10-Q - Q1 2024

    Period End: Mar 31, 2024|Filed: May 3, 2024|
    Revenue: $950.70M+78.9%
    |
    EPS: $0.11-121.2%
    Miss
  • Form 10-K - FY 2023

    Period End: Dec 31, 2023|Filed: Feb 28, 2024|
    Revenue: $3.35B+107.9%
    |
    EPS: $0.48-22.6%
    Miss