GTLS
Chart Industries, Inc.205.71
-0.23-0.11%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
9.25BP/E (TTM)
233.76Basic EPS (TTM)
0.88Dividend Yield
0%Recent Filings
8-K
Q4 sales dip, backlog surges
Chart Industries reported Q4 2025 sales of $1.08B, down 2.5% yet backlog swelled 21.5% to $5.89B on data center LNG and carbon capture wins. Full-year orders hit $5.68B, up 13.4% with 1.33 book-to-bill; adjusted operating margin slipped to 19.1%. Backlog grows fast. Baker Hughes buyout eyes Q2 2026 close amid regulatory reviews.
10-K
FY2025 results
Chart Industries posted FY2025 sales of $4.3B, up 2.5% y/y, with Heat Transfer Systems surging 19.5% to $1.2B on LNG and data center backlog conversion, while Repair, Service & Leasing dipped 5% absent 2024's outsized repairs. Gross margins edged to 33.7% via HTS productivity, yet operating income cratered to 8.4% from the $266M Flowserve termination fee. Backlog swelled 21% to $5.9B, fueled by Specialty Products' 33% order surge in carbon capture and nuclear. Q4 momentum shone in record orders across segments. Debt stood at $3.7B with $709M revolver capacity; capex hit $90M. Baker Hughes merger eyes Q2 2026 close. Cyclical energy demand threatens order flows.
8-K
Vinci named President
8-K
Exec retention bonuses awarded
Chart Industries locked in key execs for its Baker Hughes merger with retention bonuses: $750,000 each to VP/GC Herb Hotchkiss and CHRO Gerry Vinci, payable by year-end but repayable if they bail early; CTO Joe Belling gets $200,000 vesting after 12 months post-close. These deals secure merger execution and integration talent. Bonuses hinge on staying through defined periods.
8-K
Preferred shares convert December 15
Chart Industries' GTLS.PRB depositary shares mandatorily convert to common stock on December 15, 2025, at 0.3526 shares per depositary—7.0520 per underlying preferred share—based on the volume-weighted average price through December 11. No holder action required. NYSE trading suspends and delisting follows.
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