Chart Industries Reports Strong Q1 2025 Performance

Chart Industries, Inc. ( (GTLS) ) has released its Q1 earnings. Here is a breakdown of the information Chart Industries, Inc. presented to its investors.

Chart Industries, Inc. is a global leader in designing, engineering, and manufacturing process technologies and equipment for handling gas and liquid molecules, focusing on clean energy solutions across various industries. The company operates in sectors such as liquefied natural gas, hydrogen, biogas, and CO2 capture, with a significant presence in environmental, social, and corporate governance initiatives.

In its first quarter of 2025, Chart Industries reported a strong performance with a 17.3% increase in orders, reaching $1.32 billion, and a backlog exceeding $5 billion for the first time. Sales grew organically by 6.6% to $1 billion, despite a negative foreign exchange impact. The company also achieved a gross profit margin of 33.9%, marking the fourth consecutive quarter above 33%.

Key financial metrics showed improvement, with an adjusted operating income of $198.8 million, reflecting a 19.9% margin, and an adjusted EBITDA of $231.1 million, representing a 23.1% margin. However, the company reported a negative free cash flow of $80.1 million due to typical first-quarter cash outlays. Notably, the Repair, Service & Leasing segment saw a 36.1% increase in orders, contributing significantly to the company’s performance.

Looking ahead, Chart Industries remains optimistic about achieving its full-year 2025 guidance, with anticipated sales between $4.65 billion and $4.85 billion and adjusted EBITDA ranging from $1.175 billion to $1.225 billion. The company aims to reduce its net leverage ratio to between 2.0 and 2.5 by the end of the year, supported by expected free cash flow exceeding $550 million.