|GTLS Overview
GTLS

CHART INDUSTRIES INC

Industrials • CIK: 0000892553

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Market Cap
$9.30B
P/E (TTM)
687.4x
Rev Growth (TTM)
+2.5%
Net Margin (TTM)
0.3%
FCF Yield (TTM)
2.2%
FCF Margin (TTM)
4.8%

LATEST EARNINGS

Q4 2025
6 days ago
View source
Revenue
$1.08B
-2.5%
Net Income
$40.00M
EPS
$1.02
-35.4%
Gross
33.3% -0.3%
Operating
11.6% -5.4%
Net
5.0% -2.2%
  • Full year 2025 orders increased 13.4% to $5.68 billion, with a book-to-bill ratio of 1.33.
  • Backlog increased 21.5% year-over-year to $5.89 billion.
  • Heat Transfer Systems segment sales grew 12.8% year-over-year, driven by backlog conversion.
  • Cryo Tank Solutions segment orders increased 17.0% year-over-year.

Cash Flow Health

Free Cash Flow6/8 positive
TTM$203M
Q4 '25
$66M-30%
Q3 '25
$95M-22%
FCF Margin
TTM4.8%
Q4 '256.1%-29%
Sector: 5.4%Below Avg
OCF Margin6.9%
OCF/NI21.68x
CapEx Coverage3.3x
FCF Yield2.2%
FCF Growth (2Y)+213%
Cash Conversion Cycle
-18 days
DSO: 64+DIO: 66DPO: 148

Capital Allocation & Returns

Accumulating Cash
Total Shareholder YieldEst.
Est.0.3%
Div Yield0.3%
+
Est. Buyback1.1%

Limited capital returns

Dividend & Payout Metrics
Dividend Yield (TTM)0.3%
FCF Payout Ratio13.4%
Free Cash Flow (TTM)$202.8M
Capital Return / FCF13.4%
Est. Dividends Paid (TTM)$27.2M
Estimated: Buyback data estimated from FCF. Actual repurchase data not available for this company.
Shows how management rewards shareholders

Operational Efficiency & Returns

Return on Invested CapitalTTM
21.1%
Stable
+0.1% YoY-3.6%
P25MedianP75
75th pctl (med: 0.1%)
DuPont BreakdownROIC = Margin × Turn × (1+D/E)
NOPAT Margin
36.6%
8Q: 11.9%
Asset Turnover
0.45x
8Q: 0.45x
Leverage (1+D/E)
2.10x
D/E: 1.10x
DuPont: 34.3%21.1% ROIC
Asset & CapEx Efficiency
Fixed Asset Turn
4.74x
8Q:4.83x
+8.0%
Invested Cap Turn
0.58x
8Q:0.58x
Flat
CapEx Intensity
1.2%
8Q:1.3%
CapEx/Depreciation
0.32x
Depreciation Rate Trend
⚠ Declining -94.9%
Asset-based ROIC formula

QUARTERLY TRENDS

Last 8 quarters + TTM

MetricTTMQ4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024
Revenue
$4.3B
$1.1B1.9%
$1.1B1.7%
$1.1B8.1%
$1.0B9.5%
$1.1B4.2%
$1.1B2.1%
$1.0B9.4%
$950.7M
Operating Income
$358.4M
$125.1M241.4%
$-88.5M152.2%
$169.5M11.3%
$152.3M19.1%
$188.3M5.5%
$178.5M6.4%
$167.8M48.6%
$112.9M
Net Income
$13.5M
$46.8M132.2%
$-145.3M309.7%
$69.3M62.3%
$42.7M41.3%
$72.8M17.0%
$62.2M20.1%
$51.8M1051.1%
$4.5M
Operating Cash Flow
$292.7M
$88.8M24.7%
$118.0M19.1%
$145.9M343.2%
$-60.0M121.3%
$281.4M40.3%
$200.6M72.8%
$116.1M222.1%
$-95.1M
Free Cash Flow
$202.8M
$66.2M30.1%
$94.7M22.4%
$122.0M252.3%
$-80.1M130.7%
$260.9M49.5%
$174.5M98.3%
$88.0M162.3%
$-141.2M
Total Equity
N/A

Valuation Analysis

Fair Value
Price-to-EarningsTTM
687.4x
Volatile
8Q: 114.2x-82338%
Valuation Lenses
Earnings
687.4x
vs sector
Cash Flow
62.2x
EV/FCF vs
Growth-Adj
PEG
N/A
Quality-Adj
32.6P/E per %ROIC
ROIC: 21.1%
Shareholder Returns
Dividend
0.3%
Buyback
Total Yield
0.3%
Market Cap$9.30B
EV$12.62B
Multi-angle valuation analysis with sector context

Business Quality & Moat

Overall Quality Score
76/100
High Quality

Composite score: Returns (40%) + Consistency (30%) + Earnings Quality (30%)

Returns on Capital

Return on Equity (ROE)Below Avg
0.4%
8Q:
Return on Invested Capital (ROIC)Top 25%
21.1%
8Q:
-3.6%
vs Sector:0.1%

DuPont Analysis (ROIC = NOPAT Margin × Asset Turnover)

NOPAT Margin: 36.6%
Asset Turnover: 0.45x

Earnings Quality

Cash Conversion

21.68x

OCF / Net Income

FCF Consistency

Positive quarters

Competitive Moat Indicators

Pricing Power

Gross Margin33.7%

Capital Efficiency

Invested Capital Turnover0.58x

Working Capital

Cash Conversion Cycle-18 days

Growth Quality & Momentum

Moderate Growth
Growth Quality Score
62/100
Growth 40%
Margins 30%
FCF 20%
Consistency 10%

Growth Rates

Revenue Growth YoY
2.5%
OpInc Growth YoY
-33.6%
EPS Growth YoY
-93.2%
FCF 3Y CAGR
213.2%

Growth Quality Analysis

Efficient Growth: Free cash flow growing faster than revenue

Margin Quality & Sustainability

Low Quality
Profitability Cascade
Gross
33.7%
Operating
8.4%
Above Avg in sector
Net
0.3%
Margins Unknown
Earnings Quality Signals
SBC / Revenue
FCF vs Net Gap
+4.4 pts
FCF: 4.8% | Net: 0.3%

Quality = stability + cash conversion + low dilution

Balance Sheet & Solvency

Leveraged
Net Debt / EBITDA
Net Debt: $3.20B
Interest Coverage
Leverage Metrics
Debt-to-Equity
1.10x
Balance sheet risk & solvency analysis