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CECO Environmental Corp.(CECO)Earnings, Financials & Key Ratios
CECO•NASDAQ
71.8× P/E·Price updated Jun 19, 2026
AboutCECO Environmental Corp. provides industrial air quality and fluid handling systems worldwide. It operates in two segments: Engineered Systems Segment and Industrial Process Solutions Segment. The company engineers, designs, builds, and installs systems that capture, clean, and destroy air- and water-borne emissions from industrial facilities as well as fluid handling, gas separation, and filtration systems. It offers dampers and diverters, selective catalytic reduction and selective non-catalytic reduction systems, cyclonic technology, thermal oxidizers, filtration systems, scrubbers, and water and fluid handling equipment, as well as plant engineering services and engineered design build fabrication. The company markets its products and services to natural gas processors, transmission and distribution companies, refineries, power generators, industrial manufacturing, engineering and construction companies, semiconductor manufacturers, compressor manufacturers, beverage can manufacturers, metals and minerals, and electric vehicle producer companies. CECO Environmental Corp. was incorporated in 1966 and is headquartered in Dallas, Texas.Show more
- Revenue$774M+38.8%
- EBITDA$77M+53.4%
- Net Income$50M+286.3%
- EPS (Diluted)1.37+280.6%
- Gross Margin32.68%-7.0%
- EBITDA Margin9.89%+10.5%
- Operating Margin6.68%+5.2%
- Net Margin6.46%+178.3%
- ROE17.41%+228.7%
CECO Key Insights
CECO Environmental Corp. (CECO) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Company is almost debt free
- ✓Strong 5Y profit CAGR of 43.5%
- ✓Momentum leader: RS Rating 93 (top 7%)
- ✓Strong 5Y sales CAGR of 19.6%
- ✓Trading near 52-week high
✗Weaknesses
- ✗Negative free cash flow
- ✗Low quality earnings: Net income not backed by cash flow
- ✗Expensive at 11.1x book value
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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CECO Price & Volume
CECO Environmental Corp. (CECO) stock price & volume — 10-year historical chart
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CECO Growth Metrics
CECO Environmental Corp. (CECO) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years7.66%
5 Years19.63%
3 Years22.37%
TTM33.55%
Profit CAGR
10 Years-
5 Years43.55%
3 Years42.17%
TTM-63.9%
EPS CAGR
10 Years-
5 Years42.89%
3 Years39.93%
TTM-64.17%
Return on Capital
10 Years4.59%
5 Years7.24%
3 Years8.76%
Last Year9.38%
CECO Recent Earnings
CECO Environmental Corp. (CECO) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 7/12 qtrs (58%)●Beat Revenue 9/12 qtrs (75%)
Q2 2026Latest
Apr 28, 2026Metric
Actual
Est
EPS
$0.36+200.0%
$0.12
Rev
$206M+3.5%
$199M
Q1 2026
Feb 24, 2026Metric
Actual
Est
EPS
$0.30-30.2%
$0.43
Rev
$215M+4.5%
$205M
Q4 2025
Oct 29, 2025Metric
Actual
Est
EPS
$0.26+4.0%
$0.25
Rev
$198M+3.8%
$190M
Q3 2025
Jul 29, 2025Metric
Actual
Est
EPS
$0.24+20.0%
$0.20
Rev
$185M+1.3%
$183M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 28, 2026 | $0.36vs $0.12+200.0% | $206Mvs $199M+3.5% |
| Q1 2026 | Feb 24, 2026 | $0.30vs $0.43-30.2% | $215Mvs $205M+4.5% |
| Q4 2025 | Oct 29, 2025 | $0.26vs $0.25+4.0% | $198Mvs $190M+3.8% |
| Q3 2025 | Jul 29, 2025 | $0.24vs $0.20+20.0% | $185Mvs $183M+1.3% |
Based on last 12 quarters of dataView full earnings history →
CECO Peer Comparison
CECO Environmental Corp. (CECO) competitors in Air and Water Treatment Systems — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 CLFD | 553.57M | 40.45 | -69.74 | 19.56% | -6.32% | -3.4% | 0.03 | |
 PESI | 204.21M | 11.00 | -14.67 | 4.33% | -30.06% | -34.48% | 0.09 | |
 CLIR | 20.89M | 3.86 | -3.90 | 45.55% | -111.66% | -61.23% | 0.02 | |
 ERII | 485.56M | 9.42 | 22.43 | -7.07% | 15.1% | 10.89% | 0.05 | |
 CDZI | 342.23M | 4.07 | -8.48 | 69.79% | -221.35% | -129.91% | 4.48 | |
 HUBB | 27.84B | 523.69 | 31.66 | 3.84% | 15.1% | 24.38% | 0.68 | |
 EMR | 84.38B | 150.66 | 37.29 | 3% | 13.35% | 12.1% | 0.68 | |
 ITT | 17.6B | 196.81 | 32.21 | 8.48% | 10.8% | 13.01% | 0.23 |
Compare CECO vs Peers
CECO Environmental Corp. (CECO) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
CECO Income Statement
CECO Environmental Corp. (CECO) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 345.05M | 337.34M | 341.87M | 316.01M | 324.14M | 422.63M | 544.85M | 557.93M | 774.38M | 812.38M |
Revenue Growth % | -17.26% | -2.23% | 1.34% | -7.56% | 2.57% | 30.38% | 28.92% | 2.4% | 38.79% | 33.55% |
Cost of Goods Sold | 231.86M | 225.8M | 227.77M | 210.88M | 223.22M | 294.4M | 373.83M | 361.79M | 521.32M | 533.93M |
COGS % of Revenue | 67.2% | 66.94% | 66.62% | 66.73% | 68.86% | 69.66% | 68.61% | 64.84% | 67.32% | - |
Gross Profit | 113.19M▲ 0% | 111.54M▼ 1.5% | 114.1M▲ 2.3% | 105.13M▼ 7.9% | 100.92M▼ 4.0% | 128.22M▲ 27.1% | 171.02M▲ 33.4% | 196.15M▲ 14.7% | 253.06M▲ 29.0% | 278.45M▲ 0% |
Gross Margin % | 32.8% | 33.06% | 33.38% | 33.27% | 31.14% | 30.34% | 31.39% | 35.16% | 32.68% | 34.28% |
Gross Profit Growth % | -16.06% | -1.46% | 2.3% | -7.86% | -4% | 27.05% | 33.37% | 14.7% | 29.02% | - |
Operating Expenses | 96.11M | 97.14M | 96.11M | 91.78M | 91.06M | 106.06M | 136.45M | 160.74M | 201.35M | 216.81M |
OpEx % of Revenue | 27.85% | 28.8% | 28.11% | 29.04% | 28.09% | 25.1% | 25.04% | 28.81% | 26% | - |
Selling, General & Admin | 88.97M | 87.46M | 85.98M | 76.93M | 81.8M | 93.47M | 122.94M | 146.7M | 200.73M | 198.52M |
SG&A % of Revenue | 25.79% | 25.93% | 25.15% | 24.34% | 25.24% | 22.12% | 22.56% | 26.29% | 25.92% | - |
Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
R&D % of Revenue | - | - | - | - | - | - | - | - | - | - |
Other Operating Expenses | 106K | -365K | 10.13M | 14.86M | 9.27M | 12.59M | 13.5M | 14.05M | 619K | 3.23M |
Operating Income | 8.02M▲ 0% | 10M▲ 24.7% | 17.99M▲ 79.9% | 13.35M▼ 25.8% | 9.86M▼ 26.1% | 22.16M▲ 124.8% | 34.57M▲ 56.0% | 35.4M▲ 2.4% | 51.71M▲ 46.1% | 61.65M▲ 0% |
Operating Margin % | 2.33% | 2.96% | 5.26% | 4.22% | 3.04% | 5.24% | 6.34% | 6.35% | 6.68% | 7.59% |
Operating Income Growth % | 131.39% | 24.65% | 79.86% | -25.81% | -26.14% | 124.83% | 55.99% | 2.41% | 46.07% | - |
EBITDA | 24.11M | 23.1M | 28.6M | 23.27M | 19.71M | 32.77M | 47.08M | 49.93M | 76.59M | 86.03M |
EBITDA Margin % | 6.99% | 6.85% | 8.37% | 7.36% | 6.08% | 7.76% | 8.64% | 8.95% | 9.89% | 10.59% |
EBITDA Growth % | 462.1% | -4.19% | 23.79% | -18.64% | -15.29% | 66.29% | 43.63% | 6.05% | 53.42% | -18.6% |
D&A (Non-Cash Add-back) | 16.09M | 13.1M | 10.61M | 9.92M | 9.85M | 10.61M | 12.51M | 14.52M | 24.88M | 24.39M |
EBIT | 10.48M | 9.64M | 18.74M | 15.38M | 12.04M | 27.71M | 34.94M | 30.71M | 103.76M | 53.36M |
Net Interest Income | -6.72M | -7.14M | -5.4M | -3.54M | -2.95M | -5.42M | -13.42M | -13.02M | -20.91M | -19.44M |
Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Interest Expense | 6.72M | 7.14M | 5.4M | 3.54M | 2.95M | 5.42M | 13.42M | 13.02M | 20.91M | 19.44M |
Other Income/Expense | -6.62M | -7.5M | -4.65M | -1.5M | -5.18M | 1.53M | -13.04M | -17.71M | 31.13M | -22.98M |
Pretax Income | 1.41M▲ 0% | 2.5M▲ 77.2% | 13.34M▲ 434.4% | 11.84M▼ 11.2% | 4.67M▼ 60.5% | 23.69M▲ 406.8% | 21.52M▼ 9.1% | 17.69M▼ 17.8% | 82.84M▲ 368.3% | 38.66M▲ 0% |
Pretax Margin % | 0.41% | 0.74% | 3.9% | 3.75% | 1.44% | 5.61% | 3.95% | 3.17% | 10.7% | 4.76% |
Income Tax | 4.44M | 9.62M | -4.36M | 3.67M | 2.69M | 5.43M | 7.02M | 3.27M | 29.74M | 17.25M |
Effective Tax Rate % | 314.98% | 385.18% | -32.7% | 31% | 57.57% | 22.91% | 32.63% | 18.48% | 35.9% | 44.62% |
Net Income | -3.03M▲ 0% | -7.12M▼ 135.1% | 17.71M▲ 348.7% | 8.21M▼ 53.6% | 1.43M▼ 82.6% | 17.42M▲ 1121.4% | 12.91M▼ 25.9% | 12.96M▲ 0.4% | 50.05M▲ 286.3% | 17.12M▲ 0% |
Net Margin % | -0.88% | -2.11% | 5.18% | 2.6% | 0.44% | 4.12% | 2.37% | 2.32% | 6.46% | 2.11% |
Net Income Growth % | 92.07% | -135.09% | 348.66% | -53.63% | -82.63% | 1121.39% | -25.87% | 0.36% | 286.29% | -63.9% |
Net Income (Continuing) | -3.03M | -7.12M | 17.71M | 8.17M | 1.98M | 18.26M | 14.5M | 14.42M | 53.11M | 21.41M |
Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 0 | 0 | 0 | 953K | 1.4M | 4.92M | 4.85M | 4.2M | 5.65M | 5M |
EPS (Diluted) | -0.09▲ 0% | -0.21▼ 138.9% | 0.50▲ 338.1% | 0.23▼ 54.0% | 0.04▼ 82.6% | 0.50▲ 1146.9% | 0.37▼ 26.0% | 0.36▼ 2.7% | 1.37▲ 280.6% | 0.47▲ 0% |
EPS Growth % | 92.15% | -138.91% | 338.1% | -54% | -82.57% | 1146.88% | -26% | -2.7% | 280.56% | -64.17% |
EPS (Basic) | -0.09 | -0.21 | 0.51 | 0.23 | 0.04 | 0.50 | 0.37 | 0.37 | 1.42 | - |
Diluted Shares Outstanding | 34.45M | 34.71M | 35.48M | 35.52M | 35.59M | 35.01M | 35.33M | 35.69M | 36.6M | 36.76M |
Basic Shares Outstanding | 33.66M | 33.91M | 34.99M | 35.29M | 35.35M | 34.67M | 34.67M | 34.93M | 35.33M | 35.64M |
Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
CECO Balance Sheet
CECO Environmental Corp. (CECO) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Current Assets | 173.94M | 160.87M | 179.5M | 183.49M | 189.01M | 240.66M | 281.44M | 330.97M | 410.18M | 539.23M |
Cash & Short-Term Investments | 29.9M | 43.68M | 36.96M | 37.81M | 29.9M | 45.52M | 54.78M | 37.83M | 33.14M | 45.41M |
Cash Only | 29.9M | 43.68M | 36.96M | 37.81M | 29.9M | 45.52M | 54.78M | 37.83M | 33.14M | 45.41M |
Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts Receivable | 101.94M | 82.92M | 103.24M | 108.54M | 126.42M | 154.1M | 179.31M | 229.46M | 172.91M | 278.53M |
Days Sales Outstanding | 107.83 | 89.72 | 110.22 | 125.37 | 142.36 | 133.09 | 120.12 | 150.11 | 81.5 | 109.36 |
Inventory | 20.97M | 20.82M | 20.58M | 17.34M | 17.05M | 26.53M | 34.09M | 42.62M | 54M | 60.17M |
Days Inventory Outstanding | 33.01 | 33.65 | 32.98 | 30.02 | 27.88 | 32.89 | 33.28 | 43 | 37.8 | 39.59 |
Other Current Assets | 10.37M | 3.34M | 10.49M | 12M | 4.88M | 2.33M | 12.44M | 17.23M | 150.13M | 155.12M |
Total Non-Current Assets | 264.61M | 231.72M | 235M | 245.65M | 227.19M | 264.06M | 318.85M | 428.73M | 483.59M | 488.14M |
Property, Plant & Equipment | 23.4M | 22.2M | 28.88M | 27.6M | 26.84M | 32.2M | 42.49M | 58.91M | 76.06M | 77.27M |
Fixed Asset Turnover | 14.75x | 15.20x | 11.84x | 11.45x | 12.08x | 13.12x | 12.82x | 9.47x | 10.18x | 10.81x |
Goodwill | 166.95M | 152.16M | 152.02M | 161.82M | 161.18M | 183.2M | 211.33M | 269.75M | 288.16M | 291.13M |
Intangible Assets | 69.65M | 54.22M | 45.57M | 42.57M | 35.47M | 44.76M | 60.03M | 74.05M | 96.97M | 99.17M |
Long-Term Investments | 300K | 563K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Non-Current Assets | -1.96M | -2.08M | 2.66M | 3.83M | 3.19M | 3.08M | 4.7M | 25.05M | 21.95M | 20.57M |
Total Assets | 438.55M▲ 0% | 392.58M▼ 10.5% | 414.5M▲ 5.6% | 429.13M▲ 3.5% | 416.2M▼ 3.0% | 504.72M▲ 21.3% | 600.29M▲ 18.9% | 759.7M▲ 26.6% | 893.77M▲ 17.6% | 1.03B▲ 0% |
Asset Turnover | 0.79x | 0.86x | 0.82x | 0.74x | 0.78x | 0.84x | 0.91x | 0.73x | 0.87x | 0.88x |
Asset Growth % | -12.05% | -10.48% | 5.58% | 3.53% | -3.01% | 21.27% | 18.94% | 26.56% | 17.65% | 115.05% |
Total Current Liabilities | 107.85M | 103.89M | 115.19M | 109.36M | 116.69M | 146.7M | 203.11M | 244.66M | 305.83M | 405.79M |
Accounts Payable | 45.41M | 51.98M | 48.76M | 55.9M | 56.24M | 73.41M | 87.69M | 109.67M | 117.85M | 137.59M |
Days Payables Outstanding | 71.48 | 84.03 | 78.14 | 96.75 | 91.97 | 91.01 | 85.62 | 110.65 | 82.51 | 86.99 |
Short-Term Debt | 16.6M | 1.7M | 5.63M | 5.96M | 2.2M | 3.58M | 12.99M | 3.35M | 1.88M | 5.34M |
Deferred Revenue (Current) | 20.47M | 20.14M | 40.03M | 24.66M | 33.31M | 37.23M | 64.77M | 0 | 0 | 109.02M |
Other Current Liabilities | 40.6M | 42.62M | 15.05M | 17.21M | 3.07M | 3.69M | 11.28M | 124.02M | 186.1M | 262.86M |
Current Ratio | 1.61x | 1.55x | 1.56x | 1.68x | 1.62x | 1.64x | 1.39x | 1.35x | 1.34x | 1.33x |
Quick Ratio | 1.42x | 1.35x | 1.38x | 1.52x | 1.47x | 1.46x | 1.22x | 1.18x | 1.16x | 1.18x |
Cash Conversion Cycle | 69.36 | 39.34 | 65.06 | 58.64 | 78.27 | 74.97 | 67.78 | 82.47 | 36.79 | 61.97 |
Total Non-Current Liabilities | 144.13M | 110.14M | 106.29M | 116.17M | 93.56M | 139.87M | 159.69M | 263.14M | 264.76M | 304.38M |
Long-Term Debt | 103.54M | 74.46M | 63M | 69.49M | 61.58M | 107.63M | 126.8M | 217.23M | 22.96M | 23.11M |
Capital Lease Obligations | 4.38M | 4.16M | 18.46M | 16.09M | 8.76M | 8.45M | 11.42M | 24.33M | 0 | 19.75M |
Deferred Tax Liabilities | 10.21M | 8.76M | 11.8M | 16.79M | 8.39M | 8.67M | 8.84M | 11.32M | 27.92M | 117.39M |
Other Non-Current Liabilities | 36.21M | 31.52M | 13.03M | 13.79M | 14.83M | 15.13M | 12.64M | 11.23M | 213.88M | 254.94M |
Total Liabilities | 251.98M | 214.02M | 221.48M | 225.52M | 210.24M | 286.57M | 362.8M | 507.81M | 570.59M | 710.17M |
Total Debt | 120.13M | 76.16M | 87.08M | 91.54M | 75.56M | 123.53M | 155.48M | 249.92M | 24.84M | 28.45M |
Net Debt | 90.23M | 32.48M | 50.13M | 53.73M | 45.65M | 78.01M | 100.7M | 212.08M | -8.3M | -16.96M |
Debt / Equity | 0.64x | 0.43x | 0.45x | 0.45x | 0.37x | 0.57x | 0.65x | 0.99x | 0.08x | 0.09x |
Debt / EBITDA | 4.98x | 3.30x | 3.04x | 3.93x | 3.83x | 3.77x | 3.30x | 5.01x | 0.32x | 0.33x |
Net Debt / EBITDA | 3.74x | 1.41x | 1.75x | 2.31x | 2.32x | 2.38x | 2.14x | 4.25x | -0.11x | -0.20x |
Interest Coverage | 1.56x | 1.35x | 3.47x | 4.35x | 4.08x | 5.11x | 2.60x | 2.36x | 4.96x | 2.74x |
Total Equity | 186.57M▲ 0% | 178.56M▼ 4.3% | 193.02M▲ 8.1% | 203.61M▲ 5.5% | 205.96M▲ 1.2% | 218.15M▲ 5.9% | 237.49M▲ 8.9% | 251.89M▲ 6.1% | 323.18M▲ 28.3% | 317.2M▲ 0% |
Equity Growth % | -1.85% | -4.29% | 8.1% | 5.49% | 1.15% | 5.92% | 8.87% | 6.06% | 28.3% | 91.63% |
Book Value per Share | 5.42 | 5.14 | 5.44 | 5.73 | 5.79 | 6.23 | 6.72 | 7.06 | 8.83 | 8.63 |
Total Shareholders' Equity | 186.57M | 178.56M | 193.02M | 202.66M | 204.55M | 213.22M | 232.64M | 247.69M | 317.53M | 312.2M |
Common Stock | 347K | 349K | 353K | 355K | 350K | 344K | 348K | 349K | 355K | 357K |
Retained Earnings | -52.67M | -59.43M | -46.34M | -38.14M | -36.72M | -19.3M | -6.39M | 6.57M | 56.62M | 56.22M |
Treasury Stock | -356K | -356K | -356K | -356K | 0 | 0 | 0 | 0 | 0 | 0 |
Accumulated OCI | -8.92M | -13.41M | -14.51M | -14.5M | -12.07M | -18M | -16.27M | -14.44M | -8.9M | -8.98M |
Minority Interest | 0 | 0 | 0 | 953K | 1.4M | 4.92M | 4.85M | 4.2M | 5.65M | 5M |
CECO Cash Flow Statement
CECO Environmental Corp. (CECO) cash flow — operating, investing & free cash flow history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 6.57M | 21.95M | 10.23M | 4.42M | 13.3M | 29.65M | 44.65M | 24.83M | 5.86M | 23.42M |
Operating CF Margin % | 1.9% | 6.51% | 2.99% | 1.4% | 4.1% | 7.02% | 8.19% | 4.45% | 0.76% | - |
Operating CF Growth % | -90.56% | 234.12% | -53.41% | -56.77% | 200.79% | 122.96% | 50.59% | -44.39% | -76.39% | 381.04% |
Net Income | -3.03M | -7.12M | 17.71M | 8.17M | 1.98M | 18.26M | 12.91M | 14.42M | 50.05M | 17.12M |
Depreciation & Amortization | 16.09M | 13.27M | 10.61M | 9.92M | 9.85M | 10.61M | 12.51M | 14.52M | 24.88M | 44.65M |
Stock-Based Compensation | 1.77M | 3.19M | 2.67M | 1.76M | 3.33M | 3.9M | 4.53M | 7.51M | 13.11M | 22.85M |
Deferred Taxes | -3.12M | -42K | -940K | 1.04M | 2.73M | -39K | -118K | -3.61M | 6.31M | 12.46M |
Other Non-Cash Items | -3.68M | 4.86M | 1.04M | 4.29M | 521K | -659K | 4.07M | 4.84M | -68.45M | -83.56M |
Working Capital Changes | -1.46M | 7.8M | -20.86M | -20.76M | -5.13M | -2.42M | 10.74M | -12.86M | -20.04M | -42.3M |
Change in Receivables | 14.11M | -6.08M | -20.64M | 8.37M | -13.16M | -6.75M | -21.81M | -56.5M | -51.6M | -62.32M |
Change in Inventory | 887K | -1.7M | -207K | 4.37M | -203K | -6.02M | -6.9M | -9.81M | -3.18M | -3.94M |
Change in Payables | -15.85M | 21.32M | -4.03M | 336K | 440K | 22.54M | 13.85M | 36.18M | 7.21M | 18.06M |
Cash from Investing | -660K | 38.26M | -5.15M | -9.23M | -2.08M | -48.26M | -56.49M | -105.31M | -1.08M | -6.98M |
Capital Expenditures | -1.03M | -3.09M | -5.66M | -3.94M | -2.62M | -3.38M | -8.38M | 0 | -11.34M | -19.3M |
CapEx % of Revenue | 0.3% | 0.92% | 1.65% | 1.25% | 0.81% | 0.8% | 1.54% | 3.11% | 1.46% | 2.38% |
Acquisitions | 368K | 35.05M | 0 | -5.89M | 533K | -44.9M | -48.1M | -87.95M | -97.61M | -95.56M |
Investments | - | - | - | - | - | - | - | - | - | - |
Other Investing | 368K | 6.3M | 509K | 605K | 0 | 19K | 0 | -17.36M | 107.88M | 74K |
Cash from Financing | -22.71M | -44.9M | -12.12M | 3.72M | -15.56M | 38.18M | 21.14M | 65.91M | -11.56M | -138.87M |
Debt Issued (Net) | -9.61M | -44.95M | -11.07M | 3.72M | -9.04M | 46.08M | 25.11M | 81.99M | -8.04M | -135.72M |
Equity Issued (Net) | 0 | 0 | 0 | 0 | -5.01M | -7.02M | 1.44M | -5M | 872K | 654K |
Dividends Paid | -7.79M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.61M |
Share Repurchases | 0 | 0 | 0 | 0 | -5.01M | -7.02M | 0 | -5M | 0 | 0 |
Other Financing | -6.74M | 54K | -1.04M | 0 | -1.5M | -884K | -5.4M | -11.08M | -4.39M | -2.2M |
Net Change in Cash | -15.92M▲ 0% | 13.78M▲ 186.5% | -7.48M▼ 154.3% | 853K▲ 111.4% | -5.82M▼ 781.8% | 14.59M▲ 350.9% | 8.86M▼ 39.3% | -17.25M▼ 294.6% | -4.97M▲ 71.2% | -118.42M▲ 0% |
Free Cash Flow | 5.54M▲ 0% | 18.86M▲ 240.3% | 4.57M▼ 75.8% | 476K▼ 89.6% | 10.68M▲ 2144.1% | 26.27M▲ 146.0% | 36.26M▲ 38.0% | 7.46M▼ 79.4% | -5.48M▼ 173.5% | 4.12M▲ 0% |
FCF Margin % | 1.61% | 5.59% | 1.34% | 0.15% | 3.3% | 6.22% | 6.66% | 1.34% | -0.71% | 0.51% |
FCF Growth % | -91.91% | 240.35% | -75.76% | -89.59% | 2144.12% | 145.96% | 38.02% | -79.43% | -173.49% | -64.63% |
FCF per Share | 0.16 | 0.54 | 0.13 | 0.01 | 0.30 | 0.75 | 1.03 | 0.21 | -0.15 | 0.11 |
FCF Conversion (FCF/Net Income) | -2.17x | -3.08x | 0.58x | 0.54x | 9.33x | 1.70x | 3.46x | 1.92x | 0.12x | 0.24x |
Interest Paid | 5.69M | 5.56M | 3.55M | 3.17M | 0 | 5.01M | 12.1M | 13.34M | 0 | 32.28M |
Taxes Paid | 3.05M | 10.21M | 5.91M | 2.16M | 0 | 5.38M | 9.92M | 9.55M | 0 | 44.75M |
CECO Key Ratios
CECO Environmental Corp. (CECO) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | -1.61% | -3.9% | 9.53% | 4.14% | 0.7% | 8.21% | 5.67% | 5.3% | 17.41% | 5.45% |
Return on Invested Capital (ROIC) | 2.19% | 3.08% | 5.94% | 4% | 2.91% | 6.07% | 8.17% | 6.62% | 9.96% | 12.73% |
Gross Margin | 32.8% | 33.06% | 33.38% | 33.27% | 31.14% | 30.34% | 31.39% | 35.16% | 32.68% | 34.28% |
Net Margin | -0.88% | -2.11% | 5.18% | 2.6% | 0.44% | 4.12% | 2.37% | 2.32% | 6.46% | 2.11% |
Debt / Equity | 0.64x | 0.43x | 0.45x | 0.45x | 0.37x | 0.57x | 0.65x | 0.99x | 0.08x | 0.09x |
Interest Coverage | 1.56x | 1.35x | 3.47x | 4.35x | 4.08x | 5.11x | 2.60x | 2.36x | 4.96x | 2.74x |
FCF Conversion | -2.17x | -3.08x | 0.58x | 0.54x | 9.33x | 1.70x | 3.46x | 1.92x | 0.12x | 0.24x |
Revenue Growth | -17.26% | -2.23% | 1.34% | -7.56% | 2.57% | 30.38% | 28.92% | 2.4% | 38.79% | 33.55% |
Related:CECO Dividend History·CECO Revenue History·CECO Price History·CECO P/E History·CECO Financial Ratios·CECO Institutional Holders
CECO SEC Filings & Documents
CECO Environmental Corp. (CECO) SEC filings — annual & quarterly reports (10-K, 10-Q)
CECO Frequently Asked Questions
CECO Environmental Corp. (CECO) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
CECO Environmental Corp. (CECO) reported $812.4M in revenue for fiscal year 2025. This represents a 8149% increase from $9.8M in 1996.
CECO Environmental Corp. (CECO) grew revenue by 38.8% over the past year. This is strong growth.
Yes, CECO Environmental Corp. (CECO) is profitable, generating $17.1M in net income for fiscal year 2025 (6.5% net margin).
Dividend & Returns
CECO Environmental Corp. (CECO) has a return on equity (ROE) of 17.4%. This is reasonable for most industries.
CECO Environmental Corp. (CECO) generated $4.1M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.