earnings
confidence high
sentiment positive
materiality 0.80
Chart Industries Q3 sales $1.06B (+22.4%), record margins; 2024 outlook raised
CHART INDUSTRIES INC
2024-Q3 EPS reported
$2.53
revenue$3,053,500,000
- Orders $1.17B (+5.4% YoY); sales $1.06B (+22.4%) driven by HTS, RSL, and Specialty Products records.
- Record gross margin 34.1% (+350 bps); adjusted operating margin 22.2% (+450 bps) from Howden synergies.
- Adjusted diluted EPS $2.18 ($2.48 ex FX and tax headwinds); reported EPS $1.34.
- Free cash flow $174.6M; net leverage ratio 3.04; full-year FCF target ~$400M reaffirmed.
- 2024 sales outlook raised to ~$4.2–4.3B; adjusted EBITDA $1.015–1.045B; 2025 EPS guide $12–13.