Chart Industries Reports 13.4% Order Growth Ahead of Baker Hughes Acquisition
Chart Industries reported a 13.4% increase in full-year 2025 orders, totaling $5.68bn, with sales rising to $4.26bn. The backlog increased by 21.5% to $5.89bn. Despite a strong adjusted EBITDA margin of 24%, net income declined due to higher expenses. Fourth-quarter orders fell by 23.8%, with sales at $1.08bn. The company is being acquired by Baker Hughes for $13.6bn, anticipated to close in Q2 2026, integrating Chart's technologies into Baker Hughes' LNG portfolio.
Theia Market Signal Identification - AI Assisted
Chart Industries reported a 13.4% increase in full-year 2025 orders to $5.68bn, driven by liquefied natural gas, hydrogen, and carbon capture projects. The backlog rose 21.5% to $5.89bn, with expectations that 44% will convert to revenue within 12 months.
Adjusted EBITDA margin was approximately 24%, but net income decreased due to higher operating expenses. In Q4, orders declined 23.8% and sales were $1.08bn. The company is in the process of being acquired by Baker Hughes for $13.6bn, expected to close in Q2 2026, which will incorporate Chart's technologies into Baker Hughes' LNG and energy transition portfolio.
Comments