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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 | 1.2% | 2.5% | -81.4% |
| 2024 | $4.2B | $905M | $219M | $382M | 7.3% | 24.1% | 361.9% |
| 2023 | $3.4B | $578M | $47M | $32M | 1.6% | 107.9% | 97.1% |
| 2022 | $1.6B | $213M | $24M | $7M | 0.9% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total 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 |
| Operating Income | 151.50 | 390.70 | 647.50 | 624.40 |
| EBITDA | 212.50 | 578.20 | 905 | 601.70 |
| EBIT | 130.60 | 347.10 | 635.10 | 320.40 |
| Pretax Income | 98.90 | 58 | 318.50 | 28.10 |
| Tax Provision | 15.90 | 3 | 78.60 | -10.40 |
| Net Income | 24 | 47.30 | 218.50 | 40.70 |
| Net Income Common Stockholders | 22.60 | 20 | 191.30 | 13.50 |
| Total Expenses | 1,460.90 | 2,961.80 | 3,512.80 | 3,639.60 |
| Interest Expense | 31.70 | 289.10 | 316.60 | 292.30 |
| Interest Income | 0 | 0 | 11.20 | 7.60 |
| Selling General And Administration | 214.50 | 486.30 | 547.40 | 619.10 |
| Normalized EBITDA | 249.50 | 604.30 | 905 | 867.70 |
| Normalized Income | 112.65 | 72.64 | 222 | 252.44 |
| Basic EPS | 0.62 | 0.48 | 4.54 | 0.30 |
| Diluted EPS | 0.54 | 0.43 | 4.10 | 0.30 |
| Tax Effect Of Unusual Items | -5.95 | -1.36 | 0 | -55.86 |
| Tax Rate For Calcs | 0.16 | 0.05 | 0.25 | 0.21 |
| Total Unusual Items | -37 | -26.10 | 0 | -266 |
| Total Unusual Items Excluding Goodwill | -37 | -26.10 | 0 | -266 |
| Net Income From Continuing Operation Net Minority Interest | 81.60 | 47.90 | 222 | 42.30 |
| 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 |
| Net Interest Income | -31.70 | -289.10 | -328.50 | -307.80 |
| Net Income From Continuing And Discontinued Operation | 24 | 47.30 | 218.50 | 40.70 |
| Total Operating Income As Reported | 151.50 | 390.70 | 647.50 | 358.40 |
| Diluted Average Shares | 41.80 | 46.82 | 46.67 | 45.37 |
| Basic Average Shares | 36.25 | 41.97 | 42.15 | 45.10 |
| Diluted NI Availto Com Stockholders | 22.60 | 20 | 191.30 | 13.50 |
| Preferred Stock Dividends | 1.40 | 27.30 | 27.20 | 27.20 |
| Minority Interests | -1 | -9.60 | -14.30 | 3.50 |
| Net Income Including Noncontrolling Interests | 25 | 56.90 | 232.80 | 37.20 |
| Net Income Discontinuous Operations | -57.60 | -0.60 | -3.50 | -1.60 |
| Net Income Continuous Operations | 82.60 | 57.50 | 236.30 | 38.80 |
| Earnings From Equity Interest Net Of Tax | -0.40 | 2.50 | -3.60 | 0.30 |
| Other Income Expense | -20.90 | -43.60 | -0.50 | -288.50 |
| Other Non Operating Income Expenses | 16.10 | -17.50 | -0.50 | -22.50 |
| Special Income Charges | -37 | -26.10 | 0 | -266 |
| Other Special Charges | 0 | 7.80 | 0 | 266 |
| Impairment Of Capital Assets | 0 | 0 | 0 | 0 |
| Restructuring And Mergern Acquisition | 37 | 26.10 | 0 | 0 |
| Earnings From Equity Interest | 0.30 | 0 | 0 | 0 |
| Gain On Sale Of Security | 13.90 | -10.30 | 0 | 0 |
| Net Non Operating Interest Income Expense | -31.70 | -289.10 | -328.50 | -307.80 |
| Total Other Finance Cost | 2.90 | 17.20 | 23.10 | 23.10 |
| Interest Expense Non Operating | 31.70 | 289.10 | 316.60 | 292.30 |
| Interest Income Non Operating | 0 | 0 | 11.20 | 7.60 |
| 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 |
| Amortization | 41.40 | 163.40 | 193.90 | 194.30 |
| Amortization Of Intangibles Income Statement | 41.40 | 163.40 | 193.90 | 194.30 |
| Operating Revenue | 1,612.40 | 3,352.50 | 4,160.30 | 4,264 |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Chart Industries, Inc.this co. | GTLS | $10.0B | 630.00↑ premium | 3.08 | 1.2% | 14.27 |
| Planet Labs PBC | PL | $11.8B | - | 60.64 | -131.0% | -258.32 |
| Dycom Industries, Inc. | DY | $11.7B | 40.83 | 6.29 | 15.1% | 19.58 |
| IES Holdings, Inc. | IESC | $11.4B | 34.01 | 11.86 | 34.5% | 24.57 |
| Kratos Defense & Security Solutions, Inc. | KTOS |
| $11.2B |
| 458.15 |
| 5.04 |
| 1.1% |
| 130.08 |
| SPX Technologies, Inc. | SPXC | $10.6B | 41.85 | 4.71 | 10.9% | 23.01 |
| Watts Water Technologies, Inc. | WTS | $9.9B | 29.23 | 4.89 | 16.8% | 18.53 |
| AeroVironment, Inc. | AVAV | $9.3B | - | 2.14 | 4.9% | 61.93 |
| Joby Aviation, Inc. | JOBY | $8.6B | - | 5.65 | -66.0% | -10.53 |
| Peer Median | - | 40.83 | 5.34 | 7.9% | 21.30 | |