LNG equipment maker Chart's Q4 sales fall

Chart Industries

27/02/2026 21:40

Overview

Gas equipment maker's Q4 sales decreased 2.5%, missing analyst expectations

Q4 orders declined 23.8% due to absence of large LNG orders

Company's backlog increased 21.5% to $5.89 bln

Outlook

Chart Industries anticipates 44% of year-end backlog to ship over the next 12 months

Result Drivers

DATA CENTER DEMAND - Increased demand from data center customers, including small-scale LNG solutions, contributed to Q4 results

CARBON CAPTURE ORDERS - Specialty Products segment saw strong orders in carbon capture, nuclear, and marine markets, offsetting lower hydrogen orders

BACKLOG GROWTH - Backlog increased 21.5% to $5.89 bln, driven by carbon capture, data center, nuclear, marine, and industrial gases markets

Company press release: ID:nGNXHz5PW

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Miss
$1.08 bln
$1.20 bln (8 Analysts)
Q4 EPS
$1.01
Q4 Operating income
$125.1 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 10 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the industrial machinery & equipment peer group is "buy."

Wall Street's median 12-month price target for Chart Industries Inc is $210.00, about 1.2% above its February 26 closing price of $207.43

The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 15 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)