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Chart Industries (Chart Industries) Net Income : $47 Mil (TTM As of Dec. 2023)


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What is Chart Industries Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Chart Industries's Net Income for the three months ended in Dec. 2023 was $50 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $47 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Chart Industries's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.70.


Chart Industries Net Income Historical Data

The historical data trend for Chart Industries's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Chart Industries Net Income Chart

Chart Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.40 308.10 59.10 24.00 47.30

Chart Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -40.40 -15.00 9.10 3.40 49.80

Chart Industries Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Chart Industries's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=58+-3+-0.6+-7.1
=47

Chart Industries's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=58.5+-7.2+2+-3.5
=50

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $47 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Chart Industries  (NYSE:GTLS) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Chart Industries's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Chart Industries Net Income Related Terms

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Chart Industries (Chart Industries) Business Description

Traded in Other Exchanges
Address
2200 Airport Industrial Drive, Suite 100, Ball Ground, GA, USA, 30107
Chart Industries provides a variety of cryogenic equipment for storage, distribution, and other processes within the industrial gas and liquefied natural gas (LNG) industries. It also provides natural gas processing solutions for the natural gas industry and specialty products that serve a variety of spaces, including hydrogen, biofuels, cannabis, and water treatment. The firm acquired Howden in a significant deal in early 2023, roughly doubling the size of the company.
Executives
Linda S Harty director MEDTRONIC PLC, 710 MEDTRONIC PARKWAY NE, LC-150, MINNEAPOLIS MN 55432
Andrew R Cichocki director C/O CHART INDUSTRIES, INC., 2200 AIRPORT INDUSTRIAL DRIVE, SUITE 100, BALL GROUND GA 30107
Stephanie Winn Everett officer: Chief Accounting Officer 2200 AIRPORT INDUSTRIAL DRIVE SUITE 100, BALL GROUND GA 30107
Paul E Mahoney director C/O APERGY CORPORATION, 2445 TECHNOLOGY FOREST BLVD, BLD 4, FL 9, THE WOODLANDS TX 77381
Spencer S Stiles director 2825 AIRVIEW BLVD, KALAMAZOO MI 49002
Gerald F Vinci officer: VP & Chief Human Resources Ofc 3055 TORRINGTON DRIVE, BALL GROUND GA 30107
Jillian C. Evanko officer: VP, CFO, CAO and Treasurer 1 INFINITY CORPORATE CENTRE DRIVE, GARFIELD HEIGHTS OH 44125
Roger A Strauch director 125 GUILFORD ROAD, PIEDMONT CA 94611
David M. Sagehorn director 2307 OREGON STREET, PO BOX 2566, OSHKOSH WI 54903-2566
Brian Patrick Bostrom officer: Chief Technology Officer 2200 AIRPORT INDUSTRIAL DRIVE SUITE 100, BALL GROUND GA 30107
Joseph Robert Brinkman officer: VP & Chief Financial Officer 3055 TORRINGTON DRIVE, BALL GROUND GA 30107
Ducote Douglas A Jr. officer: Chief Technology Officer 3055 TORRINGTON DRIVE, BALL GROUND GA 30107
Paula Harris director 3055 TORRINGTON DRIVE, BALL GROUND GA 30107
Joseph A Belling officer: Chief Commercial Officer 3055 TORRINGTON DRIVE, BALL GROUND GA 30107
Robin M Catalano officer: VP & Chief Accounting Officer 3055 TORRINGTON DRIVE, BALL GROUND GA 30107