The Investor
29 Oct 2025, 13:50
Chart Industries Reports Record Orders, Strong Margins Amid Baker Hughes Deal Progress
Chart Industries (NYSE: GTLS) posted record third-quarter 2025 orders of $1.68 billion, up 43.9% year over year, driven by robust demand in LNG, data centers, and specialty products. Sales rose 3.6% to $1.1 billion, while adjusted operating income reached $251.5 million, reflecting a 22.9% margin. Adjusted EPS increased 27.5% to $2.78, though GAAP EPS stood at -$3.23 due to merger-related charges. The company recorded a $266 million termination fee to Flowserve, largely covered by Baker Hughes, which is set to acquire Chart for $210 per share in a deal expected to close in mid-2026. CEO Jill Evanko highlighted record profitability and continued order growth across energy and industrial markets.
Chart Industries (NYSE: GTLS) posted record third-quarter 2025 orders of $1.68 billion, up 43.9% year over year, driven by robust demand in LNG, data centers, and specialty products. Sales rose 3.6% to $1.1 billion, while adjusted operating income reached $251.5 million, reflecting a 22.9% margin. Adjusted EPS increased 27.5% to $2.78, though GAAP EPS stood at -$3.23 due to merger-related charges. The company recorded a $266 million termination fee to Flowserve, largely covered by Baker Hughes, which is set to acquire Chart for $210 per share in a deal expected to close in mid-2026. CEO Jill Evanko highlighted record profitability and continued order growth across energy and industrial markets.
