Chart Industries, Inc. engages in the designing, engineering, and manufacturing of process technologies and equipment for the gas and liquid molecules. It operates through Cryo Tank Solutions, Heat Transfer Systems, Specialty Products, and Repair, Service & Leasing segments. The company provides microbulk and mobile equipment; 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. It 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, pressure vessels, fans, and pipe works; and air cooled heat exchangers and axial cooling fans for the heating, ventilation and air conditioning (HVAC), power, and refining applications. In addition, the company provides hydrogen solutions; compressors and heat exchangers, including aluminum, air cooled, and shell and tubes to mobile equipment and fueling stations; solutions, equipment, aftermarket services, and software for applications; water treatment solutions serve both clean and wastewater applications; and various organic and inorganic contaminants. Further, it offers extended warranties, plant start-up, parts, 24/7 support, monitoring and process optimization, repair, maintenance, spares, and upgrade services; and installation, retrofitting and refurbishment, as well as equipment leasing solutions. Chart Industries, Inc. was founded in 1859 and is headquartered in Ball Ground, Georgia.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $4.3B | $602M | $41M | $203M | 1.3% | 2.5% | -81.4% |
| 2024 | $4.2B | $905M | $219M | $382M | 7.7% | 24.1% | 361.9% |
| 2023 | $3.4B | $578M | $47M | $32M | 1.7% | 107.9% | 97.1% |
| 2022 | $1.6B | $213M | $24M | $7M | 0.9% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 1,612.40 | 3,352.50 | 4,160.30 | 4,264 |
| Operating Revenue | - | 1,612.40 | 3,352.50 | 4,160.30 | 4,264 |
| Cost Of Revenue | - | 1,205 | 2,312.10 | 2,771.50 | 2,826.20 |
| Gross Profit | - | 407.40 | 1,040.40 | 1,388.80 | 1,437.80 |
| Operating Expense | - | 255.90 | 649.70 | 741.30 | 813.40 |
| Selling General And Administration | - | 214.50 | 486.30 | 547.40 | 619.10 |
| Total Expenses | - | 1,460.90 | 2,961.80 | 3,512.80 | 3,639.60 |
| Operating Income | - | 151.50 | 390.70 | 647.50 | 624.40 |
| Total Operating Income As Reported | - | 151.50 | 390.70 | 647.50 | 358.40 |
| EBITDA | - | 212.50 | 578.20 | 905 | 601.70 |
| Normalized EBITDA | - | 249.50 | 604.30 | 905 | 867.70 |
| EBIT | - | 130.60 | 347.10 | 635.10 | 320.40 |
| Interest Income | - | - | - | 11.20 | 7.60 |
| Interest Expense | - | 31.70 | 289.10 | 316.60 | 292.30 |
| Net Interest Income | - | -31.70 | -289.10 | -328.50 | -307.80 |
| Other Non Operating Income Expenses | - | 16.10 | -17.50 | -0.50 | -22.50 |
| Other Income Expense | - | -20.90 | -43.60 | -0.50 | -288.50 |
| Interest Income Non Operating | - | - | - | 11.20 | 7.60 |
| Interest Expense Non Operating | - | 31.70 | 289.10 | 316.60 | 292.30 |
| Net Non Operating Interest Income Expense | - | -31.70 | -289.10 | -328.50 | -307.80 |
| Pretax Income | - | 98.90 | 58 | 318.50 | 28.10 |
| Tax Provision | - | 15.90 | 3 | 78.60 | -10.40 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -5.95 | -1.36 | 0 | -55.86 |
| Net Income Continuous Operations | - | 82.60 | 57.50 | 236.30 | 38.80 |
| Net Income From Continuing And Discontinued Operation | - | 24 | 47.30 | 218.50 | 40.70 |
| Net Income From Continuing Operation Net Minority Interest | - | 81.60 | 47.90 | 222 | 42.30 |
| Net Income | - | 24 | 47.30 | 218.50 | 40.70 |
| Net Income Common Stockholders | - | 22.60 | 20 | 191.30 | 13.50 |
| Net Income Including Noncontrolling Interests | - | 25 | 56.90 | 232.80 | 37.20 |
| Normalized Income | - | 112.65 | 72.64 | 222 | 252.44 |
| Diluted NI Availto Com Stockholders | - | 22.60 | 20 | 191.30 | 13.50 |
| Basic Average Shares | - | 36.25 | 41.97 | 42.15 | 45.10 |
| Diluted Average Shares | - | 41.80 | 46.82 | 46.67 | 45.37 |
| Reconciled Depreciation | - | 81.90 | 231.10 | 269.90 | 281.30 |
| Reconciled Cost Of Revenue | - | 1,164.50 | 2,244.40 | 2,695.50 | 2,739.20 |
| Total Unusual Items | - | -37 | -26.10 | 0 | -266 |
| Total Unusual Items Excluding Goodwill | - | -37 | -26.10 | 0 | -266 |
| Preferred Stock Dividends | - | 1.40 | 27.30 | 27.20 | 27.20 |
| Minority Interests | - | -1 | -9.60 | -14.30 | 3.50 |
| Net Income Discontinuous Operations | - | -57.60 | -0.60 | -3.50 | -1.60 |
| Earnings From Equity Interest Net Of Tax | - | -0.40 | 2.50 | -3.60 | 0.30 |
| Special Income Charges | - | -37 | -26.10 | 0 | -266 |
| Other Special Charges | - | - | 7.80 | - | 266 |
| Impairment Of Capital Assets | 0 | 0 | - | - | - |
| Restructuring And Mergern Acquisition | - | 37 | 26.10 | 0 | 0 |
| Gain On Sale Of Security | 4.90 | 13.90 | -10.30 | - | - |
| Depreciation Amortization Depletion Income Statement | - | 41.40 | 163.40 | 193.90 | 194.30 |
| Depreciation And Amortization In Income Statement | - | 41.40 | 163.40 | 193.90 | 194.30 |
| Total Other Finance Cost | - | 2.90 | 17.20 | 23.10 | 23.10 |
| Earnings From Equity Interest | 0 | 0.30 | 0 | - | - |
| Amortization | - | 41.40 | 163.40 | 193.90 | 194.30 |
| Amortization Of Intangibles Income Statement | - | 41.40 | 163.40 | 193.90 | 194.30 |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Chart Industries, Inc.this co. | GTLS | $9.9B | 244.09β premium | 3.08 | 1.3% | 21.83 |
| Kratos Defense & Security Solutions, Inc. | KTOS | $11.9B | 540.40 | 5.96 | 1.1% | 111.51 |
| SPX Technologies, Inc. | SPXC | $11.8B | 48.45 | 5.28 | 10.9% | 24.67 |
| Joby Aviation, Inc. | JOBY | $11.0B | -11.78 | 7.77 | -66.0% | -15.83 |
| Watts Water Technologies, Inc. | WTS |
| - |
| - |
| - |
| - |
| - |
| $10.5B |
| 30.87 |
| 5.19 |
| 16.8% |
| 20.02 |
| AeroVironment, Inc. | AVAV | $10.3B | 237.14 | 11.67 | 4.9% | 125.13 |
| EnerSys | ENS | $8.7B | 29.65 | 4.57 | 15.4% | 18.49 |
| Commercial Metals Company | CMC | $8.5B | 99.90 | 2.02 | 2.0% | 19.98 |
| Terex Corporation | TEX | $7.2B | 32.39 | 3.42 | 10.5% | 14.31 |
| Peer Median | - | 40.42 | 5.24 | 7.7% | 20.00 | |