CHART INDUSTRIES INC Earnings Per Share Disclosure
| Year Ended December 31, | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| Amounts attributable to Chart common stockholders | |||||||||||||||||
| Income from continuing operations | $ | 42.3 | $ | 222.0 | $ | 47.9 | |||||||||||
| Less: Mandatory convertible preferred stock dividend requirement | 27.2 | 27.2 | 27.3 | ||||||||||||||
| Income from continuing operations attributable to Chart | 15.1 | 194.8 | 20.6 | ||||||||||||||
| Loss from discontinued operations, net of tax | (1.6) | (3.5) | (0.6) | ||||||||||||||
| Net income attributable to Chart common stockholders | $ | 13.5 | $ | 191.3 | $ | 20.0 | |||||||||||
| Earnings per common share – basic: | |||||||||||||||||
| Income from continuing operations | $ | 0.33 | $ | 4.62 | $ | 0.49 | |||||||||||
| Loss from discontinued operations | (0.03) | (0.08) | (0.01) | ||||||||||||||
| Net income attributable to Chart Industries, Inc. | $ | 0.30 | $ | 4.54 | $ | 0.48 | |||||||||||
| Earnings per common share – diluted: | |||||||||||||||||
| Income from continuing operations | $ | 0.33 | $ | 4.17 | $ | 0.44 | |||||||||||
| Loss from discontinued operations | (0.03) | (0.07) | (0.01) | ||||||||||||||
| Net income attributable to Chart Industries, Inc. | $ | 0.30 | $ | 4.10 | $ | 0.43 | |||||||||||
| Weighted average number of common shares outstanding – basic | 45.10 | 42.15 | 41.97 | ||||||||||||||
| Incremental shares issuable upon assumed conversion and exercise of share-based awards | 0.27 | 0.21 | 0.20 | ||||||||||||||
| Incremental shares issuable due to dilutive effect of the convertible notes | — | 2.21 | 2.53 | ||||||||||||||
| Incremental shares issuable due to dilutive effect of warrants | — | 2.10 | 2.12 | ||||||||||||||
| Weighted average number of common shares outstanding – diluted | 45.37 | 46.67 | 46.82 | ||||||||||||||
| Year Ended December 31, | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| Numerator | |||||||||||||||||
Mandatory convertible preferred stock dividend requirement (1) | $ | 27.2 | $ | 27.2 | $ | 27.3 | |||||||||||
| Denominator | |||||||||||||||||
| Anti-dilutive shares, Share-based awards | 0.10 | 0.12 | 0.09 | ||||||||||||||
Anti-dilutive shares, Mandatory convertible preferred stock (1) | 2.69 | 2.94 | 3.03 | ||||||||||||||
| Total anti-dilutive securities | 2.79 | 3.06 | 3.12 | ||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 27, 2026 | Showing above |
| 2024 | Feb 28, 2025 | |
| 2023 | Feb 28, 2024 | |
| 2022 | Feb 24, 2023 | |
| 2021 | Feb 24, 2022 | |
| 2020 | Mar 1, 2021 | |
| 2019 | Feb 14, 2020 | |
| 2018 | Feb 22, 2019 | |
| 2017 | Feb 22, 2018 | |
| 2016 | Feb 23, 2017 | |
| 2015 | Feb 26, 2016 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.