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Chart Industries GTLS Contract Assets

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Other financials

Income statement

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Revenue$884.8M-11.7%
Gross profit$251.4M-26.0%
Operating income$52.6M-65.5%
Net income-$17.1M-135%
EPS (diluted)-$0.36-138%

Balance sheet

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Cash & equivalents$269.4M-9.6%
Total debt$3.9B+1.9%
Total equity$3.2B+5.3%
Total assets$9.7B+4.1%

Cash flow

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Operating cash flow-$248.0M-313%
CapEx$24.8M+23.4%
Free cash flow-$272.8M-241%

Valuation

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Market cap$9.96B+50.0%
Enterprise value$13.59B+33.6%
P/S2.4×+0.8×

Profitability

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Gross margin32.5%-1.3pp
Operating margin6.2%-10.1pp
Net margin-0.6%-6.7pp
FCF margin0.2%-10.3pp

Returns & leverage

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Return on equity-0.8%-9.8pp
Debt / equity1.2×0.0×
Current ratio1.5×0.0×

Where this comes from

Reported directly by Chart Industries in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerAssetNetCurrent.

The official record: Chart Industries’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Chart Industries's contract assets?
Chart Industries (GTLS) reported contract assets of $1.05B in Q1 2026.
How has Chart Industries's contract assets changed year-over-year?
Chart Industries's contract assets increased by 25.4% year-over-year, from $834M to $1.05B.
What is the long-term trend for Chart Industries's contract assets?
Over 5 years (2020 to 2025), Chart Industries's contract assets has grown at a 65.5% compound annual growth rate (CAGR), from $79.4M to $986.4M.
What does contract assets mean?
Revenue recognized for work performed that has not yet been billed to the customer.
How do you interpret contract assets?
An increase indicates strong project execution and revenue recognition, though it also signals potential future cash flow timing gaps.
How does contract assets compare across companies?
Common in engineering and construction firms; peers with large-scale LNG or infrastructure projects often report significant contract assets.