Chart Industries (GTLS) AI Stock Analysis

• Market Cap: $9.89B
• Dividend Yield: N/A
• Average Volume (3M): 516.98K
• Price to Earnings (P/E): 249.5
• Beta (1Y): 1.85
• 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: 47,791,380
• 10 Day Avg. Volume: 492,945
• 30 Day Avg. Volume: 516,979
• 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: 1.27
• Enterprise Value/Revenue: 2.92
• Enterprise Value/Gross Profit: 8.63
• Enterprise Value/Ebitda: 18.21
• 1Y Price Target: $210.67
• Price Target Upside: 1.85% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 5
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 62 Neutral
• Price Target: $219.00 ▲(5.88% Upside)

The score is driven mainly by strong top-line growth but constrained by weaker profitability and free-cash-flow trends. Technicals show an established uptrend, though overbought signals raise near-term risk. Valuation is a major headwind due to the very high P/E, partially offset by a positive leadership-continuity event.

Positive Factors

Strong revenue growth & stable gross margin

Sustained high revenue growth with a stable gross margin indicates robust end-market demand and scalable product economics. This supports reinvestment in capacity and R&D, helps absorb fixed costs over time, and underpins long-term market share expansion across industries served.

Diverse end markets and clean-energy exposure

Broad end-market exposure and positioning in clean-energy and industrial gas solutions reduce reliance on any single cycle and align with structural tailwinds. Demand from data centers, carbon capture, LNG and medical gas provides multi-year addressable markets and aftermarket service annuity potential.

Leadership continuity amid transition

Promoting a long-tenured executive to president and retaining key leaders stabilizes operations during a planned merger. Continuity preserves institutional knowledge, supports execution of integration milestones, and reduces disruption to customers and project delivery over the coming months.

Negative Factors

Net margin compression and weakening profitability

Sharp margin erosion materially reduces the firm’s ability to convert sales into retained earnings. Persistently lower profitability can limit reinvestment, weaken returns on equity (ROE 2.16%), and pressure stakeholder confidence in sustained earnings power absent cost or pricing recovery.

Declining free cash flow and weak cash conversion

Reduced FCF and poor cash conversion constrain capital allocation flexibility in a capital-intensive business. Over time this may increase reliance on external financing for capex, working capital, or M&A, raising funding risk and potentially limiting aftermarket or capacity investments.

Merger-related integration and structural uncertainty

Pending acquisition creates structural uncertainty: integration can alter strategic priorities, product focus, and customer relationships. Execution risk and potential reorganization may disrupt operations, capital allocation, and long-term autonomy, affecting durable business trajectories post-close.

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 industrial gases and energy solutions. Key revenue streams include the sale of cryogenic storage tanks, gas processing systems, and related components, as well as aftermarket services such as installation and maintenance. The company also benefits from long-term contracts and partnerships with major players in various industries, which provide a steady stream of income. Additionally, Chart's focus on innovative technologies and sustainable practices positions it to capitalize on the growing demand for clean energy solutions, thus enhancing its earnings potential.

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: 206.84
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• 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 206.84 is above the 20-day moving average (MA) of 206.01, above the 50-day MA of 204.03, and above the 200-day MA of 180.17, indicating a bullish trend. The MACD of 0.68 indicates Positive momentum. The RSI at 80.22 is Negative, neither overbought nor oversold. The STOCH value of 85.95 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	$9.12B	21.37	20.97%	1.17%	3.19%	69.89%
SPXC	77 Outperform	$10.34B	44.25	12.76%	―	12.60%	24.02%
WTS	77 Outperform	$9.59B	29.66	17.81%	0.70%	4.18%	16.05%
PNR	75 Outperform	$16.86B	26.15	17.97%	0.96%	0.83%	-1.32%
RRX	69 Neutral	$10.24B	39.48	3.89%	0.97%	-4.99%	22.16%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
GTLS	62 Neutral	$9.89B	249.51	2.25%	―	5.47%	-75.40%

Chart Industries Corporate Events

Chart Industries Names Gerry Vinci as New President

Chart Industries’ board of directors has appointed Chief Human Resources Officer Gerry Vinci as president of the company, effective January 6, 2026, and decided not to name an interim chief executive officer. Vinci, 60, has led Chart’s human resources function since 2016 and has been an executive officer since 2017, bringing prior senior HR and legal experience from Dover Corporation, Harsco Corporation and Sunoco; his employment terms remain unchanged aside from a routine annual base salary increase, signaling leadership continuity and stability for stakeholders as the company prepares for this planned transition.

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 Grants Executive Retention Bonuses Amid Merger

On December 22 and December 29, 2025, Chart Industries, Inc. entered into retention letter agreements with three senior executives in connection with its planned merger with Baker Hughes Company. Vice President, General Counsel and Secretary Herbert Hotchkiss and Chief Human Resources Officer Gerry Vinci will each receive a one-time $750,000 retention bonus, paid on or before December 31, 2025, designed both to keep them in their roles through up to nine months after the merger closes and to mitigate potential adverse tax consequences for the company and the executives; the bonuses are subject to repayment if they resign without good reason or are terminated for cause before that date or before any termination of the merger agreement. Separately, Chief Technology Officer Joseph Belling is eligible for a $200,000 retention bonus that vests 12 months after the merger closes, with accelerated vesting if the merger is completed and his employment is subsequently terminated without cause or he resigns for good reason before that anniversary, underscoring Chart’s efforts to secure key leadership continuity through 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 to Convert Preferred Stock to Common

On December 15, 2025, Chart Industries, Inc. will automatically convert its outstanding depositary shares, linked to its 6.75% Series B Mandatory Convertible Preferred Stock, into common stock. This conversion will occur without action from shareholders, with each depositary share converting into 0.3526 shares of common stock, and any fractional shares settled in cash. Trading of these depositary shares on the NYSE will be suspended and the shares are expected to be delisted, impacting the company’s stock structure and market presence.

The most recent analyst rating on (GTLS) stock is a Hold with a $214.00 price target. To see the full list of analyst forecasts on Chart Industries stock, see the GTLS Stock Forecast page.

Chart Industries CEO Jillian Evanko Resigns

On November 17, 2025, Chart Industries announced the resignation of CEO Jillian Evanko, effective January 6, 2026, as she pursues other opportunities. Evanko will transition to a Senior Advisor role to assist with the merger with Baker Hughes, which is expected to complete by mid-2026. Under her leadership, Chart experienced significant growth and expanded into high-growth sectors like carbon capture and data centers. The Board plans to appoint an interim CEO from within the organization to ensure a smooth transition.

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 Merger with Baker Hughes Advances

On July 28, 2025, Chart Industries, Inc. announced a merger agreement with Baker Hughes, where Baker Hughes will acquire Chart Industries through a merger, making Chart an indirect wholly owned subsidiary. The waiting period under the Hart-Scott-Rodino Antitrust Improvements Act expired on November 6, 2025, and both parties anticipate completing the merger by mid-2026, pending customary conditions and regulatory approvals.

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.