Chart Industries (GTLS) AI Stock Analysis

• Market Cap: $9.12B
• Dividend Yield: N/A
• Average Volume (3M): 771.71K
• Price to Earnings (P/E): 245.4
• Beta (1Y): 1.96
• Revenue Growth: 5.47%
• EPS Growth: -75.40%
• Country: US
• Employees: 11,928
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Machinery
• EPS (TTM): 2.78
• Shares Outstanding: 44,952,953
• 10 Day Avg. Volume: 720,541
• 30 Day Avg. Volume: 771,706
• PEG Ratio: 0.04
• Price to Book (P/B): 2.84
• Price to Sales (P/S): 1.93
• P/FCF Ratio: 21.05
• Enterprise Value/Market Cap: 1.37
• Enterprise Value/Revenue: 2.92
• Enterprise Value/Gross Profit: 8.63
• Enterprise Value/Ebitda: 18.21
• 1Y Price Target: $210.00
• Price Target Upside: 3.24% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 4
• EPS Forecast (FY): 11.32
• Revenue Forecast (FY): $4.50B

• Rating: 60 Neutral
• Price Target: $210.00 ▲(3.24% Upside)

Chart Industries has strong revenue growth and stable gross margins, but faces significant challenges in profitability and cash flow generation. The technical indicators suggest a neutral trend with mild bullish momentum. However, the extremely high P/E ratio indicates potential overvaluation, which is a major concern. The absence of a dividend yield further detracts from the stock's valuation appeal.

Positive Factors

Revenue Growth

The strong revenue growth indicates robust demand for Chart's products and services, particularly in the LNG and industrial gas sectors, supporting long-term business expansion.

Market Position

Securing contracts for major projects like Port Arthur LNG Phase 2 strengthens Chart's market position in the LNG sector, enhancing its competitive edge and future revenue potential.

Operational Efficiency

Improved operational efficiency, as evidenced by record margins, suggests effective cost management and scalability, which can sustain profitability over the long term.

Negative Factors

Profitability Challenges

Declining net profit margins indicate pressure on profitability, which could affect Chart's ability to reinvest in growth and manage debt effectively over time.

Cash Flow Generation

Reduced free cash flow generation limits Chart's financial flexibility, potentially impacting its ability to fund operations, pay down debt, or invest in growth initiatives.

Merger Uncertainty

The acquisition by Baker Hughes introduces integration risks and potential strategic shifts, which could disrupt Chart's operations and market focus in the medium term.

Chart Industries Business Overview & Revenue Model

Company Description

Chart Industries, Inc. manufactures and sells engineered equipment for the energy and industrial gas industries worldwide. The company operates through 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 process technology, liquefaction train, and critical equipment for the LNG, including small to mid-scale facilities, floating LNG applications, and large base-load export facilities; brazed aluminum, 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 power, heating, ventilation, air conditioning, and refining applications. In addition, it provides highly engineered equipment that is used in specialty end-market applications for hydrogen, LNG, biogas, CO2 Capture, food and beverage, aerospace, lasers, cannabis, and water treatment; and cryogenic components, including vacuum insulated pipes, specialty liquid nitrogen, end-use equipment, and cryogenic flow meters. Additionally, it provides extended warranties, plant start-up, parts, 24/7 support, monitoring and process optimization, repairing, maintenance, and upgrading services; plant services on equipment, including brazed aluminum heat exchangers, cold boxes, etc.; and service locations that undertake installation, service, repair, maintenance, and refurbishment of cryogenic products, as well as equipment leasing solutions. The company was founded in 1859 and is based in Ball Ground, Georgia.

How the Company Makes Money

Chart Industries generates revenue through the sale of its specialized equipment and services related to gas handling and storage. Key revenue streams include the manufacturing and sale of cryogenic storage tanks, LNG equipment, and related technologies. The company also earns income from service contracts, maintenance, and repair services for its equipment. Significant partnerships with major energy companies and industrial gas suppliers enhance its market presence and contribute to steady revenue growth. Additionally, the increasing global demand for clean energy solutions and the expansion of the LNG market provide favorable conditions for Chart's financial performance.

Chart Industries Financial Statement Overview

Summary

Chart Industries exhibits solid financial health with consistent revenue and profit growth, backed by strong operational performance and cash generation. The company's balance sheet is stable, though it could benefit from optimizing its debt levels. Overall, the financial statements reflect a positive outlook with opportunities for strategic improvements in capital management.

Income Statement

Chart Industries has demonstrated strong revenue growth with a substantial increase over the years, particularly notable in the TTM period. The gross profit margin is healthy, reflecting efficient cost management. Net profit margin has improved significantly, indicating enhanced profitability, while EBIT and EBITDA margins suggest robust operational performance. Overall, the income statement portrays a positive growth trajectory and profitability enhancement.

Balance Sheet

The company's equity has steadily increased, while the debt-to-equity ratio remains moderate, suggesting a balanced capital structure. Return on equity has shown improvement, indicating effective use of shareholder's equity. The equity ratio indicates a stable asset base, though the increase in total liabilities warrants attention. Overall, the balance sheet reflects financial stability with room for optimization in debt management.

Cash Flow

Cash flow from operations has increased over the years, highlighting strong cash generation capabilities. Free cash flow has also grown, enhancing financial flexibility. The operating cash flow to net income ratio and free cash flow to net income ratio suggest efficient cash utilization. However, the volatility in investing and financing cash flows indicates potential fluctuations in capital expenditures and financing activities.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	4.29B	4.16B	3.35B	1.61B	1.32B	1.18B
Gross Profit	1.45B	1.39B	1.04B	407.40M	324.20M	332.10M
EBITDA	687.50M	916.90M	578.20M	212.50M	165.40M	188.10M
Net Income	66.70M	218.50M	47.30M	24.00M	59.10M	308.10M
Balance Sheet
Total Assets	9.79B	9.12B	9.10B	5.90B	3.04B	2.57B
Cash, Cash Equivalents and Short-Term Investments	399.20M	308.60M	188.30M	663.60M	122.20M	125.10M
Total Debt	3.65B	3.74B	3.90B	2.32B	883.90M	471.20M
Total Liabilities	6.42B	6.13B	6.16B	3.22B	1.42B	991.20M
Stockholders Equity	3.20B	2.83B	2.79B	2.68B	1.62B	1.57B
Cash Flow
Free Cash Flow	397.50M	382.20M	31.60M	6.60M	-74.00M	134.80M
Operating Cash Flow	485.30M	503.00M	167.20M	80.80M	-21.30M	172.70M
Investing Cash Flow	-90.50M	-141.30M	-3.99B	-101.60M	-361.20M	185.00M
Financing Cash Flow	-304.40M	-243.70M	1.41B	2.50B	381.90M	-363.40M

Chart Industries Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 203.40
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GTLS, the sentiment is Positive. The current price of 203.4 is above the 20-day moving average (MA) of 200.03, above the 50-day MA of 199.90, and above the 200-day MA of 175.06, indicating a bullish trend. The MACD of 0.59 indicates Negative momentum. The RSI at 79.24 is Negative, neither overbought nor oversold. The STOCH value of 83.51 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GTLS.

Chart Industries Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FLS	79 Outperform	$8.86B	20.28	20.97%	1.21%	3.19%	69.89%
PNR	75 Outperform	$17.79B	27.58	17.97%	0.92%	0.83%	-1.32%
SPXC	75 Outperform	$11.21B	47.24	12.76%	―	12.60%	24.02%
WTS	73 Outperform	$9.20B	28.47	17.81%	0.70%	4.18%	16.05%
RRX	69 Neutral	$8.91B	34.70	3.89%	0.99%	-4.99%	22.16%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
GTLS	60 Neutral	$9.12B	245.36	2.25%	―	5.47%	-75.40%

Chart Industries Corporate Events

Chart Industries Reports Strong Q3 2025 Performance Amid Acquisition

Chart Industries, Inc. is a global leader in designing, engineering, and manufacturing process technologies and equipment for gas and liquid molecule handling, focusing on clean energy solutions across various industries. In its third quarter of 2025, Chart Industries reported significant financial activities, including a definitive agreement for acquisition by Baker Hughes and a recorded expense related to a merger termination fee. The company achieved record orders of $1.68 billion, a 43.9% increase, and sales of $1.10 billion, a 3.6% rise from the previous year. Adjusted operating income was $251.5 million, with an adjusted operating income margin of 22.9%. Despite a reported operating loss of $88.5 million, adjusted EBITDA was $277.1 million, reflecting strong underlying performance when excluding deal-related costs. Looking ahead, Chart Industries anticipates continued momentum in its base orders but does not expect large orders in the fourth quarter of 2025. The acquisition by Baker Hughes is expected to be completed by mid-2026, pending regulatory approvals.

Chart Industries Shareholders Approve Baker Hughes Acquisition

On October 6, 2025, Chart Industries held a special meeting where stockholders approved the company’s acquisition by Baker Hughes. The merger agreement, which was initially signed on July 28, 2025, entails Chart becoming a wholly owned subsidiary of Baker Hughes, with shareholders receiving $210 per share in cash. This acquisition is expected to be completed by mid-2026, pending regulatory approvals, and signifies a significant step in Chart’s strategic positioning within the clean energy sector.

The most recent analyst rating on (GTLS) stock is a Hold with a $210.00 price target. To see the full list of analyst forecasts on Chart Industries stock, see the GTLS Stock Forecast page.

Chart Industries Faces Legal Challenges Over Merger

On July 28, 2025, Chart Industries entered into a merger agreement with Baker Hughes, which will see Chart become a wholly owned subsidiary of Baker Hughes. However, Chart has faced legal challenges from stockholders claiming the merger’s proxy statement is misleading, leading to lawsuits seeking additional disclosures. Despite these challenges, Chart’s board believes the allegations are without merit and is voluntarily providing supplemental disclosures to avoid delays in the merger process.

The most recent analyst rating on (GTLS) stock is a Hold with a $210.00 price target. To see the full list of analyst forecasts on Chart Industries stock, see the GTLS Stock Forecast page.

Chart Industries Announces Special Meeting for Merger Vote with Baker Hughes

On September 8, 2025, Chart Industries announced a special meeting of stockholders scheduled for October 6, 2025, to vote on a proposed merger with Baker Hughes Company. The merger would result in Chart becoming a wholly owned subsidiary of Baker Hughes, with stockholders receiving $210.00 per share in cash. The board of directors of Chart Industries has unanimously recommended that stockholders vote in favor of the merger, which is seen as beneficial and fair to the company and its stakeholders.

The most recent analyst rating on (GTLS) stock is a Hold with a $210.00 price target. To see the full list of analyst forecasts on Chart Industries stock, see the GTLS Stock Forecast page.