Chart Industries Inc (GTLS)
Profitability ratios
Return on sales
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 34.38% | 32.69% | 30.88% | 27.78% | 25.56% | 23.69% | 23.01% | 23.61% | 24.79% | 26.58% | 28.24% | 28.64% | 27.90% | 26.18% | 25.60% | 24.65% | 23.23% | 24.10% | 24.92% | 19.41% |
| Operating profit margin | 12.93% | 11.64% | 10.92% | 9.80% | 9.50% | 7.25% | 5.75% | 5.82% | 6.77% | 7.30% | 8.88% | 9.03% | 7.75% | 6.98% | 6.17% | 5.42% | 4.06% | 5.11% | 6.19% | 5.01% |
| Pretax margin | 1.67% | -1.37% | 0.06% | 0.36% | 2.50% | 5.45% | 4.45% | 4.10% | 5.55% | 25.84% | 27.78% | 29.42% | 27.13% | 5.65% | 4.98% | 4.73% | 4.06% | 7.11% | 7.84% | 5.87% |
| Net profit margin | 1.56% | -1.68% | -0.24% | -0.07% | 1.51% | 4.96% | 3.44% | 3.18% | 4.52% | 24.56% | 26.38% | 27.92% | 25.88% | 5.14% | 4.58% | 4.12% | 3.62% | 6.65% | 7.44% | 5.63% |
Chart Industries Inc's profitability ratios show improvements in gross profit margin, operating profit margin, and pretax margin over the quarters, indicating enhanced operational efficiency and cost management. The gross profit margin has been steadily increasing from 25.27% in Q4 2022 to 31.03% in Q4 2023, demonstrating the company's ability to generate more profit from its revenues.
Similarly, the operating profit margin has shown an upward trend, rising from 7.21% in Q3 2022 to 11.65% in Q4 2023, suggesting that Chart Industries Inc has been effectively controlling its operating expenses. This improvement in operating efficiency is further supported by the increase in pretax margin from 4.16% in Q1 2022 to 1.80% in Q4 2023, indicating better overall profitability before accounting for taxes.
However, the net profit margin has been fluctuating, with negative figures in Q2 and Q3 2023. This volatility may be due to exceptional expenses or one-time charges affecting the net income during these periods. Despite this, the overall positive trend in the gross profit margin, operating profit margin, and pretax margin reflects Chart Industries Inc's efforts to enhance profitability and operational performance.
Return on investment
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 4.31% | 3.29% | 2.48% | 1.81% | 2.57% | 3.64% | 2.65% | 2.59% | 2.91% | 3.04% | 3.71% | 3.97% | 3.59% | 3.47% | 3.28% | 2.93% | 2.10% | 2.51% | 3.57% | 3.87% |
| Return on assets (ROA) | 0.52% | -0.48% | -0.05% | -0.01% | 0.41% | 2.49% | 1.58% | 1.42% | 1.94% | 10.22% | 11.01% | 12.26% | 11.99% | 2.56% | 2.43% | 2.22% | 1.87% | 3.27% | 4.29% | 4.34% |
| Return on total capital | 6.17% | 4.61% | 3.48% | 2.49% | 3.21% | 5.09% | 3.69% | 3.56% | 3.99% | 4.27% | 5.18% | 5.65% | 5.14% | 4.30% | 4.07% | 3.63% | 2.61% | 3.15% | 4.73% | 6.13% |
| Return on equity (ROE) | 1.70% | -1.63% | -0.19% | -0.04% | 0.90% | 4.73% | 3.13% | 2.70% | 3.66% | 19.26% | 19.77% | 20.87% | 19.59% | 4.87% | 4.81% | 4.45% | 3.78% | 6.82% | 7.14% | 9.35% |
Chart Industries Inc's profitability ratios have displayed a mixed performance over the past eight quarters. The Operating return on assets (Operating ROA) has shown improvement in the recent quarters, with Q4 2023 reaching 4.29%, indicating the company's ability to generate operating profits from its assets.
However, the Return on assets (ROA) shows a less favorable trend, fluctuating between negative and positive values. This suggests that the company may have struggled to generate profits from its total assets consistently over the period.
The Return on total capital has shown a generally positive trend over the period, indicating that the company has been effective in generating returns on both equity and debt capital invested in its operations.
The Return on equity (ROE) has also displayed variability, with Q4 2023 showing a marginal improvement to 0.72%. This ratio indicates the company's ability to generate profits for its shareholders from the equity invested in the business.
Overall, while there are fluctuations in the profitability ratios of Chart Industries Inc, it is essential for investors to closely monitor the company's performance to assess its ability to generate sustainable profits in the future.