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Chart Industries, Inc. (GTLS) 10-Year Financial Performance & Capital Metrics

GTLS • • Industrial / General
IndustrialsIndustrial MachineryPower Generation & Energy EquipmentClean Energy Technologies
AboutChart 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.Show more
  • Revenue $4.16B +24.1%
  • EBITDA $917M +47.5%
  • Net Income $219M +361.9%
  • EPS (Diluted) 4.10 +853.5%
  • Gross Margin 33.38% +7.6%
  • EBITDA Margin 22.05% +18.9%
  • Operating Margin 15.56% +33.5%
  • Net Margin 5.25% +272.2%
  • ROE 7.36% +337.7%
  • ROIC 7.43% +39.3%
  • Debt/Equity 1.25 -6.1%
  • Interest Coverage 1.91 +41.0%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Strong 5Y profit CAGR of 36.3%
  • ✓Strong Piotroski F-Score: 9/9
  • ✓High quality earnings: Operating CF exceeds net income
  • ✓Strong 5Y sales CAGR of 27.9%

✗Weaknesses

  • ✗Weak 3Y average ROE of 3.4%

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y13.31%
5Y27.9%
3Y46.7%
TTM5.47%

Profit (Net Income) CAGR

10Y10.32%
5Y36.33%
3Y54.63%
TTM-64.65%

EPS CAGR

10Y4.38%
5Y25.44%
3Y41.73%
TTM-71.59%

ROCE

10Y Avg2.59%
5Y Avg5.66%
3Y Avg6.53%
Latest8.89%

Peer Comparison

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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
AMSCAmerican Superconductor Corporation1.48B31.08194.2552.99%5.69%4.43%1.75%0.02
GTLSChart Industries, Inc.9.31B207.0650.5024.1%1.55%1.98%4.11%1.25
BLDPBallard Power Systems Inc.811.99M2.70-2.50-31.88%-132.8%-19.75%0.04
NPWRNET Power Inc.210.64M2.51-3.7542.86%-196.76%-101.86%0.00
XCHXCHG Limited American Depositary Share43.5M1.06-5.329.59%-17.86%-40.46%0.35
NNENano Nuclear Energy Inc1.68B33.38-31.49-15.25%0.01

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+1.04B722M842.9M1B1.22B1.18B1.32B1.61B3.35B4.16B
Revenue Growth %-0.13%-0.31%0.17%0.19%0.21%-0.03%0.12%0.22%1.08%0.24%
Cost of Goods Sold+751.7M512.3M611.3M744.8M918M845M993.5M1.21B2.31B2.77B
COGS % of Revenue0.72%0.71%0.73%0.74%0.76%0.72%0.75%0.75%0.69%0.67%
Gross Profit+288.5M209.7M231.6M259.1M297.5M332.1M324.2M407.4M1.04B1.39B
Gross Margin %0.28%0.29%0.27%0.26%0.24%0.28%0.25%0.25%0.31%0.33%
Gross Profit Growth %-0.19%-0.27%0.1%0.12%0.15%0.12%-0.02%0.26%1.55%0.33%
Operating Expenses+471.7M168.7M193.1M194.6M245.5M239.9M235.7M255.9M649.7M741.3M
OpEx % of Revenue0.45%0.23%0.23%0.19%0.2%0.2%0.18%0.16%0.19%0.18%
Selling, General & Admin200.8M158.7M180.9M172.7M205.7M178.2M196.8M214.5M486.3M547.4M
SG&A % of Revenue0.19%0.22%0.21%0.17%0.17%0.15%0.15%0.13%0.15%0.13%
Research & Development0000000000
R&D % of Revenue----------
Other Operating Expenses270.9M10M12.2M21.9M39.8M61.7M38.9M41.4M163.4M193.9M
Operating Income+-183.2M41M38.5M64.5M52M92.2M88.5M151.5M390.7M647.5M
Operating Margin %-0.18%0.06%0.05%0.06%0.04%0.08%0.07%0.09%0.12%0.16%
Operating Income Growth %-2.33%1.22%-0.06%0.68%-0.19%0.77%-0.04%0.71%1.58%0.66%
EBITDA+-137.8M74.1M76.1M119.2M130.8M177.4M169.1M233.4M621.8M917.4M
EBITDA Margin %-0.13%0.1%0.09%0.12%0.11%0.15%0.13%0.14%0.19%0.22%
EBITDA Growth %-1.76%1.54%0.03%0.57%0.1%0.36%-0.05%0.38%1.66%0.48%
D&A (Non-Cash Add-back)45.4M33.1M37.6M54.7M78.8M85.2M80.6M81.9M231.1M269.9M
EBIT-185.8M39.2M28.4M63.1M49.3M102.9M84.8M130.6M347.1M647M
Net Interest Income+-17.26M-18.62M-18.6M-22.7M-17.7M-22M-19M-31.7M-289.1M-328.5M
Interest Income00000000011.2M
Interest Expense17.26M18.62M18.6M22.7M17.7M22M19M31.7M289.1M339.7M
Other Income/Expense-18.6M-16.9M-27.4M-22.8M-17.4M-7M-14.1M-53M-330.2M-332.6M
Pretax Income+-201.8M24.1M11.1M41.7M34.6M85.2M74.4M98.5M60.5M314.9M
Pretax Margin %-0.19%0.03%0.01%0.04%0.03%0.07%0.06%0.06%0.02%0.08%
Income Tax+2.7M10.6M-16.6M7.2M2.8M14.9M13.5M15.9M3M78.6M
Effective Tax Rate %1.01%1.17%2.52%2.11%1.34%3.62%0.79%0.24%0.78%0.69%
Net Income+-203M28.2M28M88M46.4M308.1M59.1M24M47.3M218.5M
Net Margin %-0.2%0.04%0.03%0.09%0.04%0.26%0.04%0.01%0.01%0.05%
Net Income Growth %-3.48%1.14%-0.01%2.14%-0.47%5.64%-0.81%-0.59%0.97%3.62%
Net Income (Continuing)-204.5M13.5M27.7M34.5M31.8M70.3M60.9M82.6M57.5M236.3M
Discontinued Operations011.2M1.8M55.5M15M239.2M0-57.6M-600K-3.5M
Minority Interest5.14M1.41M3M4.5M4.8M6.6M8.6M8.8M152.5M166.4M
EPS (Diluted)+-6.660.910.892.731.328.781.440.540.434.10
EPS Growth %-3.49%1.14%-0.02%2.07%-0.52%5.65%-0.84%-0.63%-0.2%8.53%
EPS (Basic)-6.660.920.912.831.379.051.660.620.484.54
Diluted Shares Outstanding30.49M30.99M31.34M32.2M35.17M36.45M41.11M41.8M46.82M46.67M
Basic Shares Outstanding30.49M30.58M30.74M31.05M33.91M35.38M35.61M36.25M41.97M42.15M
Dividend Payout Ratio---0%0.01%-----

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+587.23M653M634M661.7M673.6M703M853.5M3.69B2.21B2.47B
Cash & Short-Term Investments123.71M282M122.6M118.1M119M125.1M122.2M663.6M188.3M308.6M
Cash Only123.71M282M122.6M118.1M119M125.1M122.2M663.6M188.3M308.6M
Short-Term Investments0000000000
Accounts Receivable242.8M169.5M232.9M249.3M277.7M280.2M329.8M646.5M1.24B1.49B
Days Sales Outstanding85.285.69100.8590.6483.3986.8991.35146.35135.07130.5
Inventory199.3M169.68M208.9M233.1M210M248.4M321.5M357.9M576.3M490.5M
Days Inventory Outstanding96.77120.89124.73114.2383.5107.3118.12108.4190.9864.6
Other Current Assets12.93M15M90.4M47.2M49.4M29.3M59.1M1.99B134.3M178.9M
Total Non-Current Assets+612.91M580M1.09B1.24B1.81B1.87B2.19B2.21B6.89B6.66B
Property, Plant & Equipment266.28M251M285M361.1M397.8M414.5M416M430M837.6M864.2M
Fixed Asset Turnover3.91x2.88x2.96x2.78x3.06x2.84x3.17x3.75x4.00x4.81x
Goodwill218.39M218M459.7M520.7M811.4M865.9M994.6M992M2.91B2.9B
Intangible Assets106.71M93.4M286.4M330.4M522.4M493.1M556.1M535.3M2.79B2.54B
Long-Term Investments0002.8M13.4M78.9M177.4M189.5M201.1M240.5M
Other Non-Current Assets21.53M17.6M59.6M21M62.8M15.1M46.2M64.2M150.6M113.3M
Total Assets+1.2B1.23B1.72B1.9B2.48B2.57B3.04B5.9B9.1B9.12B
Asset Turnover0.87x0.59x0.49x0.53x0.49x0.46x0.43x0.27x0.37x0.46x
Asset Growth %-0.18%0.03%0.4%0.1%0.31%0.04%0.18%0.94%0.54%0%
Total Current Liabilities+262.04M261.5M390.2M366.6M378.5M634.8M693.9M1.08B1.87B1.79B
Accounts Payable97.41M79.95M105.4M125.5M120.8M140.1M175.9M211.1M811M1.06B
Days Payables Outstanding47.356.9662.9361.548.0360.5264.6263.94128.03139.45
Short-Term Debt6.16M6.5M58.9M11.2M16.3M220.9M255.9M256.9M258.5M900K
Deferred Revenue (Current)1000K1000K1000K1000K1000K1000K1000K1000K1000K1000K
Other Current Liabilities53.55M58.6M69.9M50M55.6M63.6M64.6M86.8M309.1M235.3M
Current Ratio2.24x2.50x1.62x1.80x1.78x1.11x1.23x3.41x1.19x1.38x
Quick Ratio1.48x1.85x1.09x1.17x1.22x0.72x0.77x3.08x0.88x1.10x
Cash Conversion Cycle134.67149.62162.65143.37118.86133.67144.85190.8198.0255.64
Total Non-Current Liabilities+264.2M272.87M531.9M642.1M870.5M356.4M724.7M2.14B4.3B4.34B
Long-Term Debt213.8M233.7M439.2M533.2M761M221.6M600.8M2.04B3.58B3.64B
Capital Lease Obligations000027.8M23.6M21.4M15.6M50.7M73.4M
Deferred Tax Liabilities5.15M4.24M62.5M76.4M52.1M60.2M59.8M46.1M568.2M544.9M
Other Non-Current Liabilities43.42M35M28M32.5M29.6M51M42.7M34.5M101.9M79.9M
Total Liabilities524.4M534.4M919.5M1.01B1.25B991.2M1.42B3.22B6.16B6.13B
Total Debt+219.96M240.2M498.1M544.4M811.4M471.2M883.9M2.32B3.9B3.74B
Net Debt96.25M-41.8M375.5M426.3M692.4M346.1M761.7M1.65B3.72B3.43B
Debt / Equity0.33x0.34x0.62x0.61x0.66x0.30x0.54x0.86x1.33x1.25x
Debt / EBITDA-3.24x6.55x4.57x6.20x2.66x5.23x9.93x6.28x4.07x
Net Debt / EBITDA--0.56x4.93x3.58x5.29x1.95x4.50x7.09x5.98x3.74x
Interest Coverage-10.61x2.20x2.07x2.84x2.94x4.19x4.66x4.78x1.35x1.91x
Total Equity+675.74M698.6M805.2M889M1.23B1.58B1.63B2.68B2.94B3B
Equity Growth %-0.24%0.03%0.15%0.1%0.39%0.28%0.03%0.65%0.09%0.02%
Book Value per Share22.1622.5425.6927.6135.0443.3339.5364.2262.7764.18
Total Shareholders' Equity670.59M697.2M802.2M884.5M1.23B1.57B1.62B2.68B2.79B2.83B
Common Stock305K306K300K300K400K400K400K400K400K500K
Retained Earnings308.09M336.33M364.3M453.9M500.3M808.4M878.2M902.2M922.1M1.11B
Treasury Stock00000-19.3M-19.3M-19.3M-19.3M-19.3M
Accumulated OCI-24.9M-35.21M-8.1M-29.9M-35.9M2.4M-21.7M-58M10.8M-155.1M
Minority Interest5.14M1.41M3M4.5M4.8M6.6M8.6M8.8M152.5M166.4M

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+101.99M170.81M47M88.8M133.9M172.7M-21.3M80.8M167.2M503M
Operating CF Margin %0.1%0.24%0.06%0.09%0.11%0.15%-0.02%0.05%0.05%0.12%
Operating CF Growth %-0.14%0.67%-0.72%0.89%0.51%0.29%-1.12%4.79%1.07%2.01%
Net Income-204.5M13.5M27.7M90M46.8M309.5M60.9M82.6M57.5M236.3M
Depreciation & Amortization45.45M37.51M41.9M50.8M78.8M85.2M80.6M81.9M231.1M269.9M
Stock-Based Compensation11.32M10.68M11.1M4.9M9M8.9M11.2M10.6M12.6M18.9M
Deferred Taxes-24.4M15M-31.4M5.3M-16.2M1M-7.9M-1.7M-79.3M-26.1M
Other Non-Cash Items268.8M18.3M24.3M-31.1M12.1M-235.4M-3.7M-2.8M-20.5M5.2M
Working Capital Changes4.4M80.8M-21.8M-37M3.4M3.5M-162.4M-89.8M-34.2M-1.2M
Change in Receivables19.5M24.2M-29.3M28.8M22M-15.1M-102.4M-86.2M-242.5M-282.2M
Change in Inventory12M21.7M-22M-35.6M9.4M-34.9M-78.1M-48.7M20.8M54.9M
Change in Payables-17.4M29.9M13.6M-35.7M-20.9M62.8M-10.4M88.8M237.2M190.1M
Cash from Investing+-73.52M-18.08M-480M-127.9M-642.7M185M-361.2M-101.6M-3.99B-141.3M
Capital Expenditures-58.08M-17.79M-35.2M-35.6M-36.2M-37.9M-52.7M-74.2M-135.6M-120.8M
CapEx % of Revenue0.06%0.02%0.04%0.04%0.03%0.03%0.04%0.05%0.04%0.03%
Acquisitions----------
Investments----------
Other Investing-38M0-900K800K700K8.1M500K-1.1M4.6M-7.4M
Cash from Financing+-608K7.73M275.2M38.2M511.6M-363.4M381.9M2.5B1.41B-243.7M
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid-120K00-400K-400K000-27.3M-27.2M
Share Repurchases----------
Other Financing-300K400K-19.7M6.3M-16.1M8.1M-2.5M-6.8M-154.8M-15.7M
Net Change in Cash----------
Free Cash Flow+42.9M154.1M14M52.4M97.7M134.8M-74M6.6M31.6M382.2M
FCF Margin %0.04%0.21%0.02%0.05%0.08%0.11%-0.06%0%0.01%0.09%
FCF Growth %-0.24%2.59%-0.91%2.74%0.86%0.38%-1.55%1.09%3.79%11.09%
FCF per Share1.414.970.451.632.783.70-1.800.160.678.19
FCF Conversion (FCF/Net Income)-0.50x6.06x1.68x1.01x2.89x0.56x-0.36x3.37x3.53x2.30x
Interest Paid0000000000
Taxes Paid0000000000

Key Ratios

Metric2015201620172018201920202021202220232024
Return on Equity (ROE)-25.98%4.1%3.72%10.39%4.37%21.92%3.69%1.11%1.68%7.36%
Return on Invested Capital (ROIC)-15.57%4.3%3.14%3.88%2.41%3.59%3.08%3.38%5.33%7.43%
Gross Margin27.74%29.04%27.48%25.81%24.48%28.21%24.6%25.27%31.03%33.38%
Net Margin-19.52%3.91%3.32%8.77%3.82%26.17%4.49%1.49%1.41%5.25%
Debt / Equity0.33x0.34x0.62x0.61x0.66x0.30x0.54x0.86x1.33x1.25x
Interest Coverage-10.61x2.20x2.07x2.84x2.94x4.19x4.66x4.78x1.35x1.91x
FCF Conversion-0.50x6.06x1.68x1.01x2.89x0.56x-0.36x3.37x3.53x2.30x
Revenue Growth-12.8%-30.59%16.75%19.1%21.08%-3.16%11.94%22.36%107.92%24.1%

Revenue by Segment

2015201620172018201920202021202220232024
Repair, Service And Leasing------187M448.3M1.03B1.37B
Repair, Service And Leasing Growth-------139.73%129.58%33.38%
Specialty Products------432.9M209.6M819.9M1.11B
Specialty Products Growth--------51.58%291.17%35.91%
Heat Transfer Systems------262.7M462.7M891.2M1.04B
Heat Transfer Systems Growth-------76.13%92.61%16.17%
Cryo Tank Solutions------447.4M504.3M640.8M637.9M
Cryo Tank Solutions Growth-------12.72%27.07%-0.45%
Shipping and Handling-----10.6M----
Shipping and Handling Growth----------
Natural gas processing (including petrochemical) applications---262.1M344.3M-----
Natural gas processing (including petrochemical) applications Growth----31.36%-----
Bulk industrial gas applications---273.6M322.4M-----
Bulk industrial gas applications Growth----17.84%-----
Liquefied natural gas applications---175.6M240.4M-----
Liquefied natural gas applications Growth----36.90%-----
Packaged gas industrial applications---204.8M197.5M-----
Packaged gas industrial applications Growth-----3.56%-----
HVAC, power and refining---74.2M85.8M-----
HVAC, power and refining Growth----15.63%-----
Cryobiological---80.4M83.5M-----
Cryobiological Growth----3.86%-----
Industrial gas applications---13.6M25.2M-----
Industrial gas applications Growth----85.29%-----
Distribution & Storage487.56M497.14M540.3M-------
Distribution & Storage Growth-1.96%8.68%-------
Energy & Chemicals330.97M154.25M225.6M-------
Energy & Chemicals Growth--53.39%46.26%-------
BioMedical221.63M207.77M222.9M-------
BioMedical Growth--6.26%7.28%-------
Corporate----------
Corporate Growth----------

Revenue by Geography

2015201620172018201920202021202220232024
North America-----633.1M665.8M980.9M1.52B1.89B
North America Growth------5.17%47.33%54.51%24.70%
Europe, Middle East, Africa and India-----361M419.8M434.4M1.01B1.25B
Europe, Middle East, Africa and India Growth------16.29%3.48%133.45%22.77%
Asia Pacific-----173.8M223.7M187.9M742.7M906.7M
Asia Pacific Growth------28.71%-16.00%295.26%22.08%
Rest Of The World-------9.2M80.1M118.7M
Rest Of The World Growth--------770.65%48.19%
Non-US-433.17M462.1M479.5M610.5M9.2M8.4M---
Non-US Growth--6.68%3.77%27.32%-98.49%-8.70%---
UNITED STATES513.69M425.99M526.7M604.8M688.6M-----
UNITED STATES Growth--17.07%23.64%14.83%13.86%-----
Other Non-U.S. Countries416.49M285.45M352.1M364.4M520.8M-----
Other Non-U.S. Countries Growth--31.46%23.35%3.49%42.92%-----
CHINA109.98M147.72M110M115.1M89.7M-----
CHINA Growth-34.32%-25.53%4.64%-22.07%-----
Non-U.S. Countries526.47M---------
Non-U.S. Countries Growth----------

Frequently Asked Questions

Valuation & Price

Chart Industries, Inc. (GTLS) has a price-to-earnings (P/E) ratio of 50.5x. This suggests investors expect higher future growth.

Growth & Financials

Chart Industries, Inc. (GTLS) reported $4.29B in revenue for fiscal year 2024. This represents a 440% increase from $794.6M in 2011.

Chart Industries, Inc. (GTLS) grew revenue by 24.1% over the past year. This is strong growth.

Yes, Chart Industries, Inc. (GTLS) is profitable, generating $66.7M in net income for fiscal year 2024 (5.3% net margin).

Dividend & Returns

Yes, Chart Industries, Inc. (GTLS) pays a dividend with a yield of 0.28%. This makes it attractive for income-focused investors.

Chart Industries, Inc. (GTLS) has a return on equity (ROE) of 7.4%. This is below average, suggesting room for improvement.

Chart Industries, Inc. (GTLS) generated $397.5M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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