Chart Earnings Reports

Chart Industries reported Q4 2024 revenue of $1.11 billion, up 10.1% from Q4 2023. Adjusted EPS was $2.66, driven by strong performance in Heat Transfer Systems and Specialty Products. Net income rose to $79.6 million, while free cash flow improved to $261 million. The company ended the year with a robust backlog of $4.85 billion and anticipates continued margin expansion in 2025.

Chart Industries reported a strong Q3 2024 with sales of $1.06 billion, a 22.4% increase year-over-year, and orders of $1.17 billion, up 5.4%. The company achieved a record gross profit margin of 34.1% and an adjusted operating margin of 22.2%. Adjusted EPS was $2.18, and free cash flow was $174.6 million. The company is reiterating its full year 2024 free cash flow outlook of approximately $400 million.

Chart Industries reported record sales of $1.04 billion, an 18.8% increase year-over-year, and record adjusted operating income of $225.7 million. The company's performance was driven by strong demand across all segments and regions, as well as successful integration of the Howden acquisition.

Chart Industries reported a strong first quarter in 2024, marked by record orders of $1.12 billion and sales of $950.7 million, representing increases of 4.3% and 17.4%, respectively. The company's adjusted operating margin reached 18.0%, and adjusted EBITDA was $212.2 million, or 22.3% of sales. Despite a negative free cash flow due to specific first-quarter outflows, Chart Industries is reiterating its full-year outlook.

Chart Industries reported a strong fourth quarter in 2023, with record orders, sales, gross profit, and operating income. The successful integration of Howden contributed significantly to the company's growth and margin expansion. The company's outlook for 2024 is positive, driven by strong global end market demand and a focus on cash generation.

Chart Industries reported a strong third quarter with record backlog, orders, operating income, and EBITDA margin. The company exceeded its year-one commercial synergy target related to the Howden acquisition and is on track to meet or exceed its cost synergy target. Sales increased by 9.8% compared to the third quarter of 2022.

Chart Industries reported a record second quarter in 2023, with significant growth in sales, gross profit, and backlog, driven by the Howden acquisition and strong demand across its segments. The company is making ahead-of-schedule progress on cost and commercial synergies related to the Howden integration, with numerous deleveraging actions completed.

Chart Industries reported strong first quarter 2023 results, including record sales of $537.9 million and record backlog of $3.9 billion. The company's adjusted EBITDA margin reached 19.0%, driven by price/cost improvements, Howden's contribution, full solution project offerings, and record RSL gross profit and operating profit. Increased sales outlook to $3.66B - $3.80B and associated adjusted EBITDA of $780M - $810M.

Chart Industries reported record fourth quarter 2022 results, including record sales of $441.4 million and operating income of $60.1 million. Adjusted non-diluted EPS was a quarterly record at $1.67. The company's record backlog provides strong visibility into 2023.

Chart Industries reported record third quarter results with record backlog, sales, gross margin, operating income, and EPS. The company's performance was driven by strong demand for LNG and clean energy solutions, as well as the Inflation Reduction Act of 2022. The company's outlook for 2022 and 2023 is positive, with increased confidence driven by record backlog, multiple global tailwinds, and customers' forecasts.

Chart Industries reported record second-quarter results, including all-time high orders, backlog, sales, gross margin, and operating income. Sales increased by 25.7% compared to the second quarter of 2021. The company also completed acquisitions of Fronti Fabrications and CSC Cryogenic Service Center AB.

Chart Industries reported record first-quarter orders of $636.8 million and sales of $354.1 million, driven by strong demand in LNG and Specialty Products. The company's backlog reached a record $1,477.0 million. Updated 2022 full-year revenue outlook of $1.725 billion to $1.85 billion and associated full-year adjusted non-diluted EPS guidance of $5.35 to $6.50

Chart Industries reported a record fourth quarter and full year in both sales and orders. Q4 orders reached $460.9 million, contributing to a record full-year order total of $1,676.1 million and a record backlog of $1,190.1 million. Sales for the quarter were $378.9 million, also contributing to record full-year sales of $1,317.7 million. The company's adjusted non-diluted EPS for the quarter was $0.73.

Chart Industries' Q3 2021 results reflect challenges from supply chain, labor, and logistics, offset by strong demand and backlog growth. Sales increased by 20.2% year-over-year, but margins were impacted by rapidly accelerating costs. The company is taking actions to address these cost pressures and anticipates improved profitability in 2022.

Chart Industries reported record orders and backlog for the second quarter of 2021, driven by broad-based demand for its products and technologies. Sales increased by 11.2% compared to the second quarter of 2020, and the company raised its full-year revenue and adjusted EPS guidance.

Chart Industries reported record orders and backlog, driven by broad-based demand and strategic investments. Sales were $288.5 million, and adjusted EPS grew 196% compared to the previous year. The company increased its full-year revenue and adjusted EPS guidance.

Chart Industries reported a strong fourth quarter of 2020, with record orders, sales, gross margin, and free cash flow, contributing to multiple full year records. The company's strategic investments and acquisitions position it for expected double digit revenue growth in 2021.

Chart Industries reported a decrease in sales by 19.2% compared to Q3 2019, driven by E&C FinFans, but the rest of the business saw an 11.1% increase. The company's third-quarter orders were $262.7 million, and the adjusted earnings per diluted share was $0.63. The company is focusing on clean energy transition and hydrogen-related opportunities, with significant investments and acquisitions in these areas.

Chart Industries reported Q2 2020 results with orders of $267.6 million, including a strong June with $125.1 million. Reported EPS was $0.57, with adjusted EPS at $0.63. The company generated $44.1 million in operational free cash flow and reduced its net leverage ratio to 2.97. Full year 2020 revenue is guided at $1.3 billion to $1.4 billion, with adjusted EPS of $3.00 to $3.50.

Chart Industries reported a decrease in overall orders due to large LNG project orders in the prior year, but saw increased demand in medical oxygen products due to COVID-19. The company executed on cost savings and achieved higher gross margins. They are withdrawing full year guidance due to COVID-19 uncertainty.

Chart Industries reported a strong fourth quarter in 2019, contributing to record full-year orders, sales, and backlog. The company's performance was driven by significant demand for cryogenic equipment and solutions in both global infrastructure and specialty markets. Looking ahead, Chart anticipates continued order strength and expects 2020 to be another record year.