(GTLS) Chart Industries - Overview
Sector: Industrials | Industry: Specialty Industrial Machinery | Exchange: NYSE (USA) | Market Cap: 9.971m USD | Total Return: 28.3% in 12m
Avg Turnover: 177M
EPS Trend: 83.9%
Qual. Beats: -3
Rev. Trend: 81.9%
Qual. Beats: -3
Warnings
High Debt/EBITDA (6.5) with thin interest coverage (0.9)
Interest Coverage Ratio 0.9 is critical
Tailwinds
No distinct edge detected
Chart Industries, Inc. (GTLS) designs and manufactures specialized cryogenic equipment and process technologies for the industrial gas and clean energy sectors. The company operates through four segments-Cryo Tank Solutions, Heat Transfer Systems, Specialty Products, and Repair, Service & Leasing-providing infrastructure for the storage, distribution, and liquefaction of molecules such as LNG and hydrogen. Its product portfolio includes brazed aluminum heat exchangers, vacuum-insulated tanks, and cold boxes used in large-scale export facilities and small-scale virtual pipelines.
The business model relies on a Nexus of Clean strategy, positioning the company as a key supplier for the global energy transition, particularly in carbon capture and water treatment. In the industrial machinery sector, high barriers to entry exist due to the complex engineering requirements for handling liquefied gases at temperatures as low as -450 degrees Fahrenheit. For a deeper analysis of these market drivers, you may wish to explore the data on ValueRay.
Beyond equipment sales, Chart Industries maintains a recurring revenue stream through aftermarket services, including 24/7 monitoring, process optimization, and equipment leasing. This service-oriented segment provides stability against the cyclical nature of large-scale capital expenditure projects in the refining and power industries.
- Rising global demand for LNG infrastructure and liquefaction equipment drives order backlog
- Expansion of hydrogen and clean energy solutions increases high-margin specialty product revenue
- High leverage from Howden acquisition subjects stock to interest rate and debt sensitivity
- Global industrial gas capital expenditure cycles dictate long-term equipment manufacturing demand
- Synergy capture and margin expansion from integrated aftermarket service segments boost profitability
| Net Income: -26.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.00 > 0.02 and ΔFCF/TA -4.66 > 1.0 |
| NWC/Revenue: 23.75% < 20% (prev 20.61%; Δ 3.14% < -1%) |
| CFO/TA 0.01 > 3% & CFO 104.7m > Net Income -26.3m |
| Net Debt (3.60b) to EBITDA (549.9m): 6.55 < 3 |
| Current Ratio: 1.53 > 1.5 & < 3 |
| Outstanding Shares: last quarter (45.9m) vs 12m ago 1.50% < -2% |
| Gross Margin: 31.34% > 18% (prev 0.34%; Δ 3.10k% > 0.5%) |
| Asset Turnover: 43.64% > 50% (prev 45.22%; Δ -1.57% > 0%) |
| Interest Coverage Ratio: 0.86 > 6 (EBITDA TTM 549.9m / Interest Expense TTM 307.9m) |
| A: 0.10 (Total Current Assets 2.86b - Total Current Liabilities 1.87b) / Total Assets 9.69b |
| B: 0.11 (Retained Earnings 1.11b / Total Assets 9.69b) |
| C: 0.03 (EBIT TTM 263.3m / Avg Total Assets 9.50b) |
| D: 0.20 (Book Value of Equity 1.27b / Total Liabilities 6.39b) |
| Altman-Z'' = 1.44 = BB |
| DSRI: 0.49 (Receivables 763.4m/1.57b, Revenue 4.15b/4.21b) |
| GMI: 1.08 (GM 31.34% / 33.87%) |
| AQI: 0.97 (AQ_t 0.61 / AQ_t-1 0.63) |
| SGI: 0.98 (Revenue 4.15b / 4.21b) |
| TATA: -0.01 (NI -26.3m - CFO 104.7m) / TA 9.69b) |
| Beneish M = -3.41 (Cap -4..+1) = AA |
As of May 25, 2026, the stock is trading at USD 208.29 with a total of 2,529,082 shares traded.
Over the past week, the price has changed by +0.32%,
over one month by +0.05%,
over three months by +0.18% and
over the past year by +28.26%.
Chart Industries has received a consensus analysts rating of 4.45. Therefore, it is recommended to buy GTLS.
- StrongBuy: 13
- Buy: 3
- Hold: 4
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 204.4 | -1.9% |
P/S = 2.4041
P/B = 3.1581
P/EG = 0.6162
Revenue TTM = 4.15b USD
EBIT TTM = 263.3m USD
EBITDA TTM = 549.9m USD
Long Term Debt = 3.79b USD (from longTermDebt, last quarter)
Short Term Debt = 28.8m USD (from shortTermDebt, last fiscal year)
Debt = 3.87b USD (from shortLongTermDebtTotal, last quarter) + Leases 82.1m
Net Debt = 3.60b USD (calculated: Debt 3.87b - CCE 267.9m)
Enterprise Value = 13.6b USD (9.97b + Debt 3.87b - CCE 267.9m)
Interest Coverage Ratio = 0.86 (Ebit TTM 263.3m / Interest Expense TTM 307.9m)
EV/FCF = 1000.0x (Enterprise Value 13.6b / FCF TTM 10.1m)
FCF Yield = 0.07% (FCF TTM 10.1m / Enterprise Value 13.6b)
FCF Margin = 0.24% (FCF TTM 10.1m / Revenue TTM 4.15b)
Net Margin = -0.63% (Net Income TTM -26.3m / Revenue TTM 4.15b)
Gross Margin = 31.34% ((Revenue TTM 4.15b - Cost of Revenue TTM 2.85b) / Revenue TTM)
Gross Margin QoQ = 28.41% (prev 28.70%)
Tobins Q-Ratio = 1.40 (Enterprise Value 13.6b / Total Assets 9.69b)
Interest Expense / Debt = 7.96% (Interest Expense 307.9m / Debt 3.87b)
Taxrate = 21.0% (US default 21%)
NOPAT = 208.0m (EBIT 263.3m * (1 - 21.00%))
Current Ratio = 1.53 (Total Current Assets 2.86b / Total Current Liabilities 1.87b)
Debt / Equity = 1.23 (Debt 3.87b / totalStockholderEquity, last quarter 3.16b)
Debt / EBITDA = 6.55 (Net Debt 3.60b / EBITDA 549.9m)
Debt / FCF = 356.5 (Net Debt 3.60b / FCF TTM 10.1m)
Total Stockholder Equity = 3.24b (last 4 quarters mean from totalStockholderEquity)
RoA = -0.28% (Net Income -26.3m / Total Assets 9.69b)
RoE = -0.81% (Net Income TTM -26.3m / Total Stockholder Equity 3.24b)
RoCE = 3.75% (EBIT 263.3m / Capital Employed (Equity 3.24b + L.T.Debt 3.79b))
RoIC = 2.67% (NOPAT 208.0m / Invested Capital 7.80b)
WACC = 10.60% (E(9.97b)/V(13.8b) * Re(12.28%) + D(3.87b)/V(13.8b) * Rd(7.96%) * (1-Tc(0.21)))
Discount Rate = 12.28% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -59.81 | Cagr: -0.82%
[DCF] Terminal Value 65.17% ; FCFF base≈183.4m ; Y1≈160.8m ; Y5≈129.9m
[DCF] Fair Price = N/A (negative equity: EV 1.52b - Net Debt 3.60b = -2.08b; debt exceeds intrinsic value)
EPS Correlation: 83.90 | EPS CAGR: 22.09% | SUE: -4.0 | # QB: -3
Revenue Correlation: 81.90 | Revenue CAGR: 19.86% | SUE: -4.0 | # QB: -3
EPS current Quarter (2026-06-30): EPS=2.47 | Chg30d=-20.10% | Revisions=-33% | Analysts=5
EPS next Quarter (2026-09-30): EPS=2.62 | Chg30d=-21.20% | Revisions=-33% | Analysts=5
EPS current Year (2026-12-31): EPS=7.57 | Chg30d=-36.10% | Revisions=-20% | GrowthEPS=-22.2% | GrowthRev=-5.0%
EPS next Year (2027-12-31): EPS=11.10 | Chg30d=-18.05% | Revisions=-43% | GrowthEPS=+46.7% | GrowthRev=+12.5%
[Analyst] Revisions Ratio: -43%