CHART INDUSTRIES INC
GTLS · Fabricated Plate Work (Boiler Shops) · 47.9M shares · +7%/yr ↑ shares · EDGAR filings ↗
Net buyback after stock comp: $16M (gross $19M, SBC $3M)
Reference price $149.78 · est. market cap ~$7.2B — last insider purchase, 2025-03-14 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C67Scaled clean-energy equipment maker with record backlog and strong cash flow, but mid-pack returns, high leverage and a one-off charge.
Strengths
- Backlog $5.89B (up from $4.85B) and orders up ~13% — strong forward demand; operating margin 8.4% (68th pct), FCF $203M (74th pct)
- Differentiated Nexus-of-Clean portfolio (LNG, hydrogen, CO2 capture); pending Baker Hughes acquisition validates franchise
Risks
- Debt/equity 1.10 (80th pct) is elevated; net margin 0.95% and ROE 1.3% (44th pct) are thin
- 2025 net income depressed by a $266M Flowserve termination fee; merger close (Q2 2026) carries regulatory/timing risk
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Revenue declineRevenue -18.0% YoY
- Pending mergerTerminated Merger Agreement On June 3, 2025, Chart entered into an Agreement and Plan of Merger (the “Flowserve Merger Agreement”) with Flowserve Corporation, a New York corporation (“Flowserve”), B
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
33.7%
Operating margin
8.4%
Net margin
1.0%
Return on equity
1.3%
Return on assets
0.4%
ROIC
4.2%
Revenue growth (QoQ)
-18.0%
Net-income growth
-81.4%
Debt / equity
1.1×
Net debt / EBITDA
1.0×
Current ratio
1.4×
Free cash flow
$203M
EBITDA
$3.2B
Tangible book value
-$2.3B
Cash & investments
$366M
Stock comp / revenue
0.4%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-21 | Belling Joseph A | Tax withheld | 102 | $208.29 |
| 2026-05-21 | Vinci Gerald F | Tax withheld | 143 | $208.29 |
| 2026-05-21 | Hotchkiss Herbert | Tax withheld | 143 | $208.29 |
| 2026-05-21 | Brinkman Joseph Robert | Tax withheld | 77 | $208.29 |
| 2026-04-02 | Belling Joseph A | Tax withheld | 34 | $207.09 |
| 2026-04-01 | Harris Paula | Grant | 193 | — |
| 2026-04-01 | Mahoney Paul E | Grant | 193 | — |
| 2026-04-01 | CICHOCKI ANDREW R | Grant | 193 | — |
| 2026-04-01 | STRAUCH ROGER A | Grant | 193 | — |
| 2026-04-01 | Sagehorn David M. | Grant | 193 | — |
| 2026-04-01 | Harty Linda S | Grant | 193 | — |
| 2026-04-01 | Durham Mark | Grant | 689 | — |
| 2026-04-01 | Durham Mark | Tax withheld | 345 | $206.94 |
| 2026-04-01 | Stiles Spencer S | Grant | 193 | — |
| 2026-02-24 | Brinkman Joseph Robert | Grant | 1.1K | — |
| 2026-02-24 | Brinkman Joseph Robert | Tax withheld | 262 | $207.58 |
| 2026-02-24 | Belling Joseph A | Grant | 1.0K | — |
| 2026-02-24 | Belling Joseph A | Tax withheld | 331 | $207.58 |
| 2026-02-24 | Hotchkiss Herbert | Grant | 1.2K | — |
| 2026-02-24 | Hotchkiss Herbert | Tax withheld | 374 | $207.58 |
| 2026-02-24 | Vinci Gerald F | Grant | 1.2K | — |
| 2026-02-24 | Vinci Gerald F | Tax withheld | 374 | $207.58 |
| 2026-01-02 | Hotchkiss Herbert | Grant | 5.7K | — |
| 2026-01-02 | Evanko Jillian C. | Tax withheld | 4.2K | $206.23 |
| 2026-01-02 | Durham Mark | Grant | 1.1K | — |
| 2026-01-02 | Durham Mark | Tax withheld | 66 | $206.23 |
| 2026-01-02 | Brinkman Joseph Robert | Grant | 4.1K | — |
| 2026-01-02 | Brinkman Joseph Robert | Tax withheld | 555 | $206.23 |
| 2026-01-02 | Stiles Spencer S | Grant | 193 | — |
| 2026-01-02 | Harris Paula | Grant | 193 | — |
| 2026-01-02 | Belling Joseph A | Grant | 2.6K | — |
| 2026-01-02 | Belling Joseph A | Tax withheld | 596 | $206.23 |
| 2026-01-02 | Hotchkiss Herbert | Tax withheld | 742 | $206.23 |
| 2026-01-02 | Mahoney Paul E | Grant | 193 | — |
| 2026-01-02 | Vinci Gerald F | Grant | 5.0K | — |
| 2026-01-02 | Vinci Gerald F | Tax withheld | 677 | $206.23 |
| 2026-01-02 | Sagehorn David M. | Grant | 193 | — |
| 2026-01-02 | CICHOCKI ANDREW R | Grant | 193 | — |
| 2026-01-02 | STRAUCH ROGER A | Grant | 193 | — |
| 2026-01-02 | Harty Linda S | Grant | 193 | — |
| 2025-11-10 | Durham Mark | Tax withheld | 117 | $202.94 |
| 2025-10-01 | Mahoney Paul E | Grant | 199 | — |
| 2025-10-01 | Harris Paula | Grant | 199 | — |
| 2025-10-01 | Sagehorn David M. | Grant | 199 | — |
| 2025-10-01 | STRAUCH ROGER A | Grant | 199 | — |
| 2025-10-01 | Harty Linda S | Grant | 199 | — |
| 2025-10-01 | Stiles Spencer S | Grant | 199 | — |
| 2025-10-01 | CICHOCKI ANDREW R | Grant | 199 | — |
| 2025-08-22 | Vinci Gerald F | Tax withheld | 632 | $197.46 |
| 2025-08-22 | Brinkman Joseph Robert | Tax withheld | 640 | $197.46 |
| 2025-07-11 | Durham Mark | Grant | 640 | — |
| 2025-07-01 | CICHOCKI ANDREW R | Grant | 246 | — |
| 2025-07-01 | Sagehorn David M. | Grant | 246 | — |
| 2025-07-01 | Harty Linda S | Grant | 246 | — |
| 2025-07-01 | STRAUCH ROGER A | Grant | 246 | — |
| 2025-07-01 | Stiles Spencer S | Grant | 246 | — |
| 2025-07-01 | Mahoney Paul E | Grant | 246 | — |
| 2025-07-01 | Harris Paula | Grant | 246 | — |
| 2025-05-21 | Vinci Gerald F | Tax withheld | 95 | $158.79 |
| 2025-05-21 | Belling Joseph A | Tax withheld | 101 | $158.79 |
| 2025-05-21 | Hotchkiss Herbert | Tax withheld | 95 | $158.79 |
| 2025-05-21 | Brinkman Joseph Robert | Tax withheld | 108 | $158.79 |
| 2025-04-02 | Belling Joseph A | Tax withheld | 35 | $151.31 |
| 2025-04-01 | CICHOCKI ANDREW R | Grant | 273 | — |
| 2025-04-01 | Harris Paula | Grant | 273 | — |
| 2025-04-01 | Mahoney Paul E | Grant | 273 | — |
| 2025-04-01 | Stiles Spencer S | Grant | 273 | — |
| 2025-04-01 | STRAUCH ROGER A | Grant | 273 | — |
| 2025-04-01 | Harty Linda S | Grant | 273 | — |
| 2025-04-01 | MCALLISTER SINGLETON B | Grant | 273 | — |
| 2025-04-01 | Sagehorn David M. | Grant | 273 | — |
| 2025-04-01 | MOLININI MICHAEL | Grant | 273 | — |
| 2025-03-14 | Brinkman Joseph Robert | Buy | 328 | $149.78 |
| 2025-03-12 | Vinci Gerald F | Buy | 175 | $147.89 |
| 2025-03-10 | Harty Linda S | Buy | 500 | $140.85 |
| 2025-03-10 | Hotchkiss Herbert | Buy | 84 | $141.87 |
| 2025-03-06 | Evanko Jillian C. | Buy | 350 | $150.35 |
| 2025-02-27 | Belling Joseph A | Grant | 782 | — |
| 2025-02-27 | Brinkman Joseph Robert | Grant | 525 | — |
| 2025-02-27 | Brinkman Joseph Robert | Tax withheld | 180 | $182.25 |
| 2025-02-27 | Belling Joseph A | Tax withheld | 253 | $182.25 |
| 2025-02-27 | Hotchkiss Herbert | Grant | 916 | — |
| 2025-02-27 | Hotchkiss Herbert | Tax withheld | 276 | $182.25 |
| 2025-02-27 | Vinci Gerald F | Grant | 916 | — |
| 2025-02-27 | Vinci Gerald F | Tax withheld | 276 | $182.25 |
| 2025-02-27 | Evanko Jillian C. | Grant | 9.7K | — |
| 2025-02-27 | Evanko Jillian C. | Tax withheld | 3.8K | $182.25 |
| 2025-01-03 | Brinkman Joseph Robert | Tax withheld | 438 | $198.96 |
| 2025-01-03 | Hotchkiss Herbert | Tax withheld | 333 | $198.96 |
| 2025-01-03 | Evanko Jillian C. | Tax withheld | 2.1K | $198.96 |
| 2025-01-03 | Belling Joseph A | Tax withheld | 445 | $198.96 |
| 2025-01-03 | Everett Stephanie Winn | Tax withheld | 46 | $198.96 |
| 2025-01-03 | Vinci Gerald F | Tax withheld | 340 | $198.96 |
| 2025-01-02 | Hotchkiss Herbert | Grant | 1.8K | — |
| 2025-01-02 | Hotchkiss Herbert | Tax withheld | 299 | $189.88 |
| 2025-01-02 | Vinci Gerald F | Grant | 1.6K | — |
| 2025-01-02 | Vinci Gerald F | Tax withheld | 249 | $189.88 |
| 2025-01-02 | Evanko Jillian C. | Grant | 9.7K | — |
| 2025-01-02 | Evanko Jillian C. | Tax withheld | 1.9K | $189.88 |
| 2025-01-02 | CICHOCKI ANDREW R | Grant | 210 | — |
| 2025-01-02 | Harris Paula | Grant | 210 | — |
| 2025-01-02 | Mahoney Paul E | Grant | 210 | — |
| 2025-01-02 | Stiles Spencer S | Grant | 210 | — |
| 2025-01-02 | STRAUCH ROGER A | Grant | 210 | — |
| 2025-01-02 | Harty Linda S | Grant | 210 | — |
| 2025-01-02 | MCALLISTER SINGLETON B | Grant | 210 | — |
| 2025-01-02 | Sagehorn David M. | Grant | 210 | — |
| 2025-01-02 | Everett Stephanie Winn | Grant | 430 | — |
| 2025-01-02 | MOLININI MICHAEL | Grant | 210 | — |
| 2025-01-02 | Everett Stephanie Winn | Tax withheld | 77 | $189.88 |
| 2025-01-02 | Brinkman Joseph Robert | Grant | 1.3K | — |
| 2025-01-02 | Brinkman Joseph Robert | Tax withheld | 220 | $189.88 |
| 2025-01-02 | Belling Joseph A | Grant | 820 | — |
| 2025-01-02 | Belling Joseph A | Tax withheld | 132 | $189.88 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-22 | 2026-06-19 | 0001193125-26-276611 ↗ |
| 8-K | 2026-06-15 | 2026-06-15 | 0001193125-26-271052 ↗ |
| 8-K | 2026-05-21 | 2026-05-21 | 0001193125-26-234381 ↗ |
| 10-Q | 2026-05-11 | 2026-03-31 | 0000892553-26-000040 ↗ |
| 10-K | 2026-02-27 | 2025-12-31 | 0000892553-26-000027 ↗ |
| 8-K | 2026-02-27 | 2026-02-27 | 0000892553-26-000025 ↗ |
| 8-K | 2026-01-09 | 2026-01-05 | 0001193125-26-008906 ↗ |
| 8-K | 2025-12-29 | 2025-12-22 | 0001193125-25-335274 ↗ |
| 8-K | 2025-12-11 | 2025-12-11 | 0001193125-25-316089 ↗ |
| 8-K | 2025-11-17 | 2025-11-11 | 0001193125-25-283999 ↗ |
| 8-K | 2025-11-07 | 2025-11-06 | 0001193125-25-270810 ↗ |
| 10-Q | 2025-10-29 | 2025-09-30 | 0000892553-25-000142 ↗ |