Chart Industries Financials
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Chart Industries has an operating margin of 15.6%, meaning the company retains $16 of operating profit per $100 of revenue. This strong profitability earns a score of 78/100, reflecting efficient cost management and pricing power. This is up from 11.7% the prior year.
Chart Industries's revenue surged 24.1% year-over-year to $4.2B, reflecting rapid business expansion. This strong growth earns a score of 97/100.
Chart Industries has a moderate D/E ratio of 1.29. This balance of debt and equity financing earns a leverage score of 63/100.
Chart Industries's current ratio of 1.38 indicates adequate short-term liquidity, earning a score of 35/100. The company can meet its near-term obligations, though with limited headroom.
Chart Industries has a free cash flow margin of 9.2%, earning a moderate score of 46/100. The company generates positive cash flow after capital investments, but with room for improvement.
Chart Industries's ROE of 7.7% shows moderate profitability relative to equity, earning a score of 31/100. This is up from 1.7% the prior year.
Chart Industries scores 1.86, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.
Chart Industries passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Chart Industries generates $2.30 in operating cash flow ($503.0M OCF vs $218.5M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Chart Industries earns $2.0 in operating income for every $1 of interest expense ($647.5M vs $328.5M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
This page shows Chart Industries (GTLS) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Key Financial Metrics
Chart Industries generated $4.2B in revenue in fiscal year 2024. This represents an increase of 24.1% from the prior year.
Chart Industries's EBITDA was $3.4B in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 26.5% from the prior year.
Chart Industries generated $382.2M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 1109.5% from the prior year.
Chart Industries reported $218.5M in net income in fiscal year 2024. This represents an increase of 361.9% from the prior year.
Chart Industries earned $4.17 per diluted share (EPS) in fiscal year 2024. This represents an increase of 847.7% from the prior year.
Chart Industries held $308.6M in cash against $3.6B in long-term debt as of fiscal year 2024.
Chart Industries's gross margin was 33.4% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 2.3 percentage points from the prior year.
Chart Industries's operating margin was 15.6% in fiscal year 2024, reflecting core business profitability. This is up 3.9 percentage points from the prior year.
Chart Industries's net profit margin was 5.3% in fiscal year 2024, showing the share of revenue converted to profit. This is up 3.8 percentage points from the prior year.
Chart Industries's ROE was 7.7% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 6.0 percentage points from the prior year.
Chart Industries invested $38.3M in research and development in fiscal year 2024. This represents an increase of 64.4% from the prior year.
Chart Industries invested $120.8M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 10.9% from the prior year.
GTLS Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.1B+1.7% | $1.1B+8.1% | $1.0B-9.5% | $1.1B+6.4% | $1.0B+9.4% | $950.7M-6.3% | $1.0B+13.0% | $897.9M |
| Cost of Revenue | $725.4M+0.9% | $718.8M+8.6% | $661.7M-9.9% | $734.5M+6.7% | $688.7M+6.2% | $648.4M-4.7% | $680.7M+9.5% | $621.7M |
| Gross Profit | $375.2M+3.2% | $363.5M+7.0% | $339.8M-8.7% | $372.3M+5.9% | $351.6M+16.3% | $302.3M-9.6% | $334.3M+21.0% | $276.2M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $148.1M+1.9% | $145.3M+3.0% | $141.0M+5.2% | $134.0M-1.6% | $136.2M-3.7% | $141.5M+8.9% | $129.9M+5.8% | $122.8M |
| Operating Income | -$88.5M-152.2% | $169.5M+11.3% | $152.3M-19.1% | $188.3M+12.2% | $167.8M+48.6% | $112.9M-27.6% | $156.0M+49.4% | $104.4M |
| Interest Expense | $77.1M-1.5% | $78.3M+1.6% | $77.1M-3.4% | $79.8M-5.3% | $84.3M+0.6% | $83.8M+1.0% | $83.0M-5.1% | $87.5M |
| Income Tax | -$47.5M-400.6% | $15.8M-10.2% | $17.6M-36.5% | $27.7M+78.7% | $15.5M+76.1% | $8.8M+22.2% | $7.2M+7100.0% | $100K |
| Net Income | -$138.5M-282.0% | $76.1M+53.7% | $49.5M-37.8% | $79.6M+35.8% | $58.6M+418.6% | $11.3M-77.3% | $49.8M+1364.7% | $3.4M |
| EPS (Diluted) | $-3.23-311.1% | $1.53+54.5% | $0.99-37.7% | $1.59+44.5% | $1.10+685.7% | $0.14-85.1% | $0.94+1780.0% | $0.05 |
GTLS Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $9.8B+0.7% | $9.7B+4.4% | $9.3B+2.1% | $9.1B-1.7% | $9.3B+0.3% | $9.2B+1.6% | $9.1B+0.9% | $9.0B |
| Current Assets | $2.9B+2.6% | $2.8B+8.1% | $2.6B+4.5% | $2.5B+0.8% | $2.4B+3.1% | $2.4B+7.1% | $2.2B-1.8% | $2.3B |
| Cash & Equivalents | $399.2M+16.6% | $342.3M+15.6% | $296.2M-4.0% | $308.6M+24.7% | $247.4M+28.9% | $191.9M+1.9% | $188.3M+28.0% | $147.1M |
| Inventory | $514.2M+3.1% | $498.7M-1.4% | $505.7M+3.1% | $490.5M-11.6% | $554.6M-3.1% | $572.3M-0.7% | $576.3M-6.0% | $613.3M |
| Accounts Receivable | $725.7M-5.1% | $764.7M+3.6% | $738.0M-1.9% | $752.3M+0.5% | $748.5M-6.4% | $799.6M+5.4% | $758.9M+2.0% | $743.7M |
| Goodwill | $3.1B-0.2% | $3.1B+3.9% | $3.0B+1.7% | $2.9B-1.0% | $2.9B-0.7% | $2.9B+1.4% | $2.9B+3.5% | $2.8B |
| Total Liabilities | $6.4B+3.5% | $6.2B+1.0% | $6.1B+0.3% | $6.1B-3.8% | $6.4B+0.2% | $6.4B+3.1% | $6.2B-1.6% | $6.3B |
| Current Liabilities | $2.0B+13.2% | $1.8B+5.3% | $1.7B-4.5% | $1.8B-7.1% | $1.9B+1.7% | $1.9B+1.5% | $1.9B+3.5% | $1.8B |
| Long-Term Debt | $3.6B-0.5% | $3.7B-1.6% | $3.7B+2.4% | $3.6B-2.4% | $3.7B-0.1% | $3.7B+4.3% | $3.6B-5.9% | $3.8B |
| Total Equity | $3.2B-4.5% | $3.4B+11.9% | $3.0B+5.9% | $2.8B+2.9% | $2.7B+0.4% | $2.7B-1.7% | $2.8B+6.1% | $2.6B |
| Retained Earnings | $1.1B-11.8% | $1.2B+6.0% | $1.2B+3.8% | $1.1B+13.8% | $978.3M+5.6% | $926.5M+0.5% | $922.1M+4.9% | $879.1M |
GTLS Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $118.0M-19.1% | $145.9M+343.2% | -$60.0M-121.3% | $281.4M+142.4% | $116.1M+222.1% | -$95.1M-173.0% | $130.3M+676.5% | -$22.6M |
| Capital Expenditures | $23.3M-2.5% | $23.9M+18.9% | $20.1M-2.0% | $20.5M-27.0% | $28.1M-39.0% | $46.1M+128.2% | $20.2M-68.0% | $63.1M |
| Free Cash Flow | $94.7M-22.4% | $122.0M+252.3% | -$80.1M-130.7% | $260.9M+196.5% | $88.0M+162.3% | -$141.2M-228.2% | $110.1M+228.5% | -$85.7M |
| Investing Cash Flow | -$25.8M-7.9% | -$23.9M-13.3% | -$21.1M-7.1% | -$19.7M+55.0% | -$43.8M+15.4% | -$51.8M-131.4% | $164.8M-32.2% | $242.9M |
| Financing Cash Flow | -$36.2M+56.6% | -$83.4M-226.9% | $65.7M+126.2% | -$250.5M-1373.5% | -$17.0M-111.8% | $143.9M+154.2% | -$265.5M-4.0% | -$255.4M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
GTLS Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 34.1%+0.5pp | 33.6%-0.3pp | 33.9%+0.3pp | 33.6%-0.2pp | 33.8%+2.0pp | 31.8%-1.1pp | 32.9%+2.2pp | 30.8% |
| Operating Margin | -8.0%-23.7pp | 15.7%+0.4pp | 15.2%-1.8pp | 17.0%+0.9pp | 16.1%+4.3pp | 11.9%-3.5pp | 15.4%+3.7pp | 11.6% |
| Net Margin | -12.6%-19.6pp | 7.0%+2.1pp | 4.9%-2.3pp | 7.2%+1.6pp | 5.6%+4.4pp | 1.2%-3.7pp | 4.9%+4.5pp | 0.4% |
| Return on Equity | N/A | 2.3%+0.6pp | 1.7%-1.2pp | 2.8%+0.7pp | 2.1%+1.7pp | 0.4%-1.4pp | 1.8%+1.7pp | 0.1% |
| Return on Assets | -1.4%-2.2pp | 0.8%+0.2pp | 0.5%-0.3pp | 0.9%+0.2pp | 0.6%+0.5pp | 0.1%-0.4pp | 0.5%+0.5pp | 0.0% |
| Current Ratio | 1.40-0.1 | 1.55+0.0 | 1.51+0.1 | 1.38+0.1 | 1.27+0.0 | 1.25+0.1 | 1.19-0.1 | 1.25 |
| Debt-to-Equity | 1.14+0.0 | 1.09-0.1 | 1.24-0.0 | 1.29-0.1 | 1.360.0 | 1.36+0.1 | 1.28-0.2 | 1.45 |
| FCF Margin | 8.6%-2.7pp | 11.3%+19.3pp | -8.0%-31.6pp | 23.6%+15.1pp | 8.5%+23.3pp | -14.8%-25.7pp | 10.8%+20.4pp | -9.5% |
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Frequently Asked Questions
What is Chart Industries's annual revenue?
Chart Industries (GTLS) reported $4.2B in total revenue for fiscal year 2024. This represents a 24.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Chart Industries's revenue growing?
Chart Industries (GTLS) revenue grew by 24.1% year-over-year, from $3.4B to $4.2B in fiscal year 2024.
Is Chart Industries profitable?
Yes, Chart Industries (GTLS) reported a net income of $218.5M in fiscal year 2024, with a net profit margin of 5.3%.
What is Chart Industries's earnings per share (EPS)?
Chart Industries (GTLS) reported diluted earnings per share of $4.17 for fiscal year 2024. This represents a 847.7% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Chart Industries's EBITDA?
Chart Industries (GTLS) had EBITDA of $3.4B in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Chart Industries have?
As of fiscal year 2024, Chart Industries (GTLS) had $308.6M in cash and equivalents against $3.6B in long-term debt.
What is Chart Industries's gross margin?
Chart Industries (GTLS) had a gross margin of 33.4% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Chart Industries's operating margin?
Chart Industries (GTLS) had an operating margin of 15.6% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Chart Industries's net profit margin?
Chart Industries (GTLS) had a net profit margin of 5.3% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Chart Industries's return on equity (ROE)?
Chart Industries (GTLS) has a return on equity of 7.7% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Chart Industries's free cash flow?
Chart Industries (GTLS) generated $382.2M in free cash flow during fiscal year 2024. This represents a 1109.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Chart Industries's operating cash flow?
Chart Industries (GTLS) generated $503.0M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Chart Industries's total assets?
Chart Industries (GTLS) had $9.1B in total assets as of fiscal year 2024, including both current and long-term assets.
What are Chart Industries's capital expenditures?
Chart Industries (GTLS) invested $120.8M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does Chart Industries spend on research and development?
Chart Industries (GTLS) invested $38.3M in research and development during fiscal year 2024.
What is Chart Industries's current ratio?
Chart Industries (GTLS) had a current ratio of 1.38 as of fiscal year 2024, which is considered adequate.
What is Chart Industries's debt-to-equity ratio?
Chart Industries (GTLS) had a debt-to-equity ratio of 1.29 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Chart Industries's return on assets (ROA)?
Chart Industries (GTLS) had a return on assets of 2.4% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Chart Industries's Altman Z-Score?
Chart Industries (GTLS) has an Altman Z-Score of 1.86, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Chart Industries's Piotroski F-Score?
Chart Industries (GTLS) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Chart Industries's earnings high quality?
Chart Industries (GTLS) has an earnings quality ratio of 2.30x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Chart Industries cover its interest payments?
Chart Industries (GTLS) has an interest coverage ratio of 2.0x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Chart Industries?
Chart Industries (GTLS) scores 58 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.