GTLS · As filed with the SEC
Chart Industries income statement, by fiscal year
The statement as Chart Industries presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
CONSOLIDATED STATEMENTS OF INCOME · USD, except per-share amounts
| USD, except per-share amounts | FY2025 Year ended Dec 31, 2025 | FY2024 Year ended Dec 31, 2024 | FY2023 Year ended Dec 31, 2023 | FY2022 Year ended Dec 31, 2022 | FY2021 Year ended Dec 31, 2021 | FY2020 Year ended Dec 31, 2020 | FY2019 Year ended Dec 31, 2019 | FY2018 Year ended Dec 31, 2018 |
|---|---|---|---|---|---|---|---|---|
| Sales | 4,264,000,000 | 4,160,300,000 | 3,352,500,000 | 1,612,400,000 | 1,317,700,000 | 1,177,100,000 | — | — |
| Cost of sales | 2,826,200,000 | 2,771,500,000 | 2,312,100,000 | 1,205,000,000 | 993,500,000 | 845,000,000 | 962,300,000 | 788,400,000 |
| Gross profit | 1,437,800,000 | 1,388,800,000 | 1,040,400,000 | 407,400,000 | 324,200,000 | 332,100,000 | 336,800,000 | 295,900,000 |
| Selling, general and administrative expenses | 619,100,000 | 547,400,000 | 486,300,000 | 214,500,000 | 196,800,000 | 178,200,000 | 216,100,000 | 181,900,000 |
| Termination fee expense | 266,000,000 | — | — | — | — | — | — | — |
| Amortization expense | 194,300,000 | 193,900,000 | 163,400,000 | 41,400,000 | 38,900,000 | 45,700,000 | 39,800,000 | 21,900,000 |
| Asset impairments | — | — | — | 0 | 0 | 16,000,000 | — | 0 |
| Operating expenses | 1,079,400,000 | 741,300,000 | 649,700,000 | 255,900,000 | 235,700,000 | 239,900,000 | 255,900,000 | 203,800,000 |
| Operating income | 358,400,000 | 647,500,000 | 390,700,000 | 151,500,000 | 88,500,000 | 92,200,000 | 80,900,000 | 92,100,000 |
| Interest expense, net | — | — | — | — | — | — | — | 21,400,000 |
| Interest expense, net | — | — | — | — | — | — | 25,300,000 | — |
| Interest expense, net | — | — | — | — | 10,700,000 | 17,700,000 | — | — |
| Acquisition related finance fees | 0 | 0 | 26,100,000 | 37,000,000 | — | — | — | — |
| Interest expense, net | — | — | 271,900,000 | 28,800,000 | — | — | — | — |
| Financing costs amortization | — | — | 17,200,000 | 2,900,000 | 8,300,000 | 4,300,000 | 3,000,000 | 1,300,000 |
| Loss on extinguishment of debt | — | — | 7,800,000 | — | — | — | 0 | 0 |
| Unrealized loss (gain) on investment in equity securities | — | — | 14,400,000 | (13,100,000) | (3,200,000) | (13,100,000) | — | — |
| Realized gain on equity method investments | — | — | 0 | (300,000) | — | — | — | — |
| Realized gain on investment in equity securities | — | — | 0 | 0 | (2,600,000) | — | — | — |
| Foreign currency (gain) loss | — | — | (4,100,000) | (800,000) | 900,000 | 900,000 | (200,000) | 400,000 |
| Gain on bargain purchase | — | — | — | 0 | 0 | (5,000,000) | — | — |
| Other expense, net | — | — | — | — | 300,000 | 2,200,000 | — | — |
| Interest expense, net | 307,800,000 | 328,500,000 | — | — | — | — | — | — |
| Other expense, net | 22,500,000 | 500,000 | (600,000) | (1,900,000) | — | — | 28,100,000 | 23,100,000 |
| Income from continuing operations before income taxes and equity in earnings of unconsolidated affiliates, net | 28,100,000 | 318,500,000 | 58,000,000 | 98,900,000 | 74,100,000 | 85,200,000 | 52,800,000 | 69,000,000 |
| Current | — | — | 82,300,000 | 17,600,000 | 21,400,000 | 13,900,000 | 22,200,000 | 8,400,000 |
| Deferred | — | — | (79,300,000) | (1,700,000) | (7,900,000) | 1,000,000 | (16,200,000) | 5,000,000 |
| Income tax (benefit) expense, net | (10,400,000) | 78,600,000 | 3,000,000 | 15,900,000 | 13,500,000 | 14,900,000 | 6,000,000 | 13,400,000 |
| Income from continuing operations before equity in earnings of unconsolidated affiliates, net | 38,500,000 | 239,900,000 | 55,000,000 | 83,000,000 | 60,600,000 | — | — | — |
| Equity in earnings of unconsolidated affiliates, net | — | — | — | — | 300,000 | — | — | — |
| Equity in earnings (loss) of unconsolidated affiliates, net | 300,000 | (3,600,000) | 2,500,000 | (400,000) | — | — | — | — |
| Net income from continuing operations | 38,800,000 | 236,300,000 | 57,500,000 | 82,600,000 | 60,900,000 | 70,300,000 | 46,800,000 | 55,600,000 |
| Loss from discontinued operations, net of tax | (1,600,000) | (3,500,000) | (600,000) | — | — | 239,200,000 | 0 | 34,400,000 |
| Net income | 37,200,000 | 232,800,000 | 56,900,000 | 25,000,000 | 60,900,000 | 309,500,000 | 46,800,000 | 90,000,000 |
| Less: (Loss) income attributable to noncontrolling interests of continuing operations, net of taxes | (3,500,000) | 14,300,000 | 9,600,000 | 1,000,000 | 1,800,000 | 1,400,000 | 400,000 | 2,000,000 |
| Net income attributable to Chart Industries, Inc. | 40,700,000 | 218,500,000 | 47,300,000 | 24,000,000 | 59,100,000 | 308,100,000 | 46,400,000 | 88,000,000 |
| Amounts attributable to Chart common stockholders | ||||||||
| Income from continuing operations | — | — | — | 24,000,000 | 59,100,000 | 308,100,000 | 46,400,000 | 88,000,000 |
| Income from continuing operations | 42,300,000 | 222,000,000 | 47,900,000 | 81,600,000 | — | — | — | — |
| Less: Mandatory convertible preferred stock dividend requirement | 27,200,000 | 27,200,000 | 27,300,000 | 1,400,000 | — | — | — | — |
| Income from continuing operations attributable to Chart | 15,100,000 | 194,800,000 | 20,600,000 | 80,200,000 | 59,100,000 | 68,900,000 | 46,400,000 | 53,600,000 |
| (Loss) income from discontinued operations, net of tax | — | — | — | (57,600,000) | 0 | — | — | — |
| Loss from discontinued operations, net of tax | (1,600,000) | (3,500,000) | (600,000) | (57,600,000) | 0 | 239,200,000 | 0 | 34,400,000 |
| Net income attributable to Chart common stockholders, basic | 13,500,000 | 191,300,000 | 20,000,000 | 22,600,000 | — | — | — | — |
| Net income attributable to Chart common stockholders, diluted | 13,500,000 | 191,300,000 | 20,000,000 | 22,600,000 | — | — | — | — |
| Basic earnings per common share attributable to Chart Industries, Inc. | ||||||||
| Income from continuing operations (usd per share) | 0.33 | 4.62 | 0.49 | 2.21 | 1.66 | 1.95 | 1.37 | 1.73 |
| Loss from discontinued operations (usd per share) | (0.03) | (0.08) | (0.01) | (1.59) | 0.00 | 6.76 | 0.00 | 1.10 |
| Net income attributable to Chart Industries, Inc. (usd per share) | 0.30 | 4.54 | 0.48 | 0.62 | 1.66 | 8.71 | 1.37 | 2.83 |
| Diluted earnings per common share attributable to Chart Industries, Inc. | ||||||||
| Income from continuing operations (usd per share) | 0.33 | 4.17 | 0.44 | 1.92 | 1.44 | 1.89 | 1.32 | 1.67 |
| Loss from discontinued operations (usd per share) | (0.03) | (0.07) | (0.01) | (1.38) | 0.00 | 6.56 | 0.00 | 1.06 |
| Net income attributable to Chart Industries, Inc. (usd per share) | 0.30 | 4.10 | 0.43 | 0.54 | 1.44 | 8.45 | 1.32 | 2.73 |
| Weighted-average number of common shares outstanding: | ||||||||
| Basic (shares) | 45,100,000 | 42,150,000 | 41,970,000 | 36,250,000 | 35,610,000 | 35,380,000 | 33,910,000 | 31,050,000 |
| Diluted (shares) | 45,370,000 | 46,670,000 | 46,820,000 | 41,800,000 | 41,110,000 | 36,450,000 | 35,170,000 | 32,200,000 |
| Sales | — | — | — | — | — | — | 1,299,100,000 | 1,084,300,000 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.