CECO Environmental Corp.

CECO Environmental Corp.

CECO
CECO Environmental Corp.US flagNASDAQ Global Select
78.47
USD
-0.56
- -
2.81BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
9.81
10.22
12.76
12.27
10.02
9.72
9.77
8.95
9.17
12.19
15.72
15.97
21.92
22.64
Basic EPS, GAAP
0.33
0.51
-0.19
-1.12
-0.09
-0.21
0.51
0.23
0.04
0.5
0.37
0.37
1.42
0.39
Free Cash Flow per Basic Share
1.13
0.64
0.41
2.02
0.16
0.54
0.13
0.01
0.3
0.76
1.05
0.21
-0.16
-0.17
Dividend per Share
0.22
0.23
0.28
0.26
0.23
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.6
0.75
0.2
-1.22
-1.52
-1.7
-1.31
-1.07
-1.03
-0.55
-0.17
0.2
1.61
1.59
Tangible Book Value per Share
-1.43
-2.44
-2.65
-1.85
-1.45
-0.8
-0.13
-0.02
0.26
-0.28
-0.98
-2.9
-2.03
-2.33
Basic Weighted Avg Shares
20
26
29
34
34
35
35
35
35
35
35
35
35
35
Sales/Revenue/Turnover
197
263
367
417
345
337
342
316
324
423
545
558
774
804
Operating Margin (%)
8.97
8.83
4.42
7.89
4.95
4.27
5.74
6.14
3.5
6.61
6.81
7.1
6.68
7.26
Depreciation Expense
7
11
17
19
16
13
11
10
10
11
13
15
25
26
Net Income, GAAP
7
13
-6
-38
-3
-7
18
8
1
17
13
13
50
14
Effective Tax Rate (%)
- -
19.35
- -
- -
314.98
385.18
- -
31
57.57
22.91
32.63
18.48
35.9
31.71
Profit Margin (%)
3.32
4.97
-1.52
-9.16
-0.88
-2.11
5.18
2.6
0.44
4.12
2.37
2.32
6.46
1.7
Working Capital
65
65
80
67
66
57
64
74
72
94
78
86
104
133
LT Debt
79
103
158
114
104
74
74
79
70
116
138
237
234
271
Total Equity
170
181
245
190
187
179
193
204
206
218
237
252
323
317
Return on Invested Capital (%)
- -
6.77
- -
- -
-11.72
-14.57
- -
4.78
1.69
6.88
6.77
7.23
6.21
6.27
Return on Capital (%)
- -
13.43
- -
- -
-22.57
-64.75
- -
26.52
4.86
27.88
15.47
10.77
21.62
6.33
Return on Common Equity (%)
59.53
83.07
-44.59
- -
- -
- -
- -
- -
- -
- -
- -
- -
156.67
27.48

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
6
7
10
LT Borrowings
219
211
248
LT Finance Leases
23
23
23
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
36
36
36
Market Capitalization
1,800
2,114
2,115

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
395
410
539
Cash, Cash Equivalents & STI
33
33
45
Accounts Receivable, Net
160
172
274
Inventories
58
54
60
Total Current Liabilities
298
306
406
Payables & Accruals
155
144
185
ST Debt
6
7
10
Deferred Revenue
122
139
199

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.53%
10.06%
28.3%
Free Cash Flow
253.54%
415.04%
-173.49%
Net Income, GAAP
152.25%
259.91%
286.29%
Sales/Revenue/Turnover
9.08%
20.61%
38.79%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
126
138
136
159
558
2025
177
185
198
215
774
2026
206
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.04
0.13
0.06
0.14
0.37
2025
1.03
0.27
0.04
0.09
1.42
2026
-0.01
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Todd R. Gleason
Full Time Employees
1,600
Sector
Industrials
Industry
Industrial - Pollution & Treatment Controls
Address
14651 North Dallas Parkway Addison TX United States of America 75254
IPO Date
Dec 2, 1980
Business
CECO Environmental Corp. is a diversified industrial company that provides engineered solutions for emissions control, air pollution mitigation, fluid handling, and environmental protection across global markets. The company operates through two primary business segments: Engineered Systems, which serves power generation, refinery, water/wastewater, and midstream oil and gas sectors with emissions management, product recovery, water and gas separation solutions, fluid bed cyclones, thermal acoustics, and separation and filtration technologies; and Industrial Process Solutions, which addresses broad industrial needs in air pollution control, beverage can production, electric vehicle manufacturing, food and beverage, semiconductors, process filtration, pharmaceuticals, petrochemicals, wastewater treatment, wood manufacturing, desalination, and aquaculture through industrial exhaust systems, dust collectors, regenerative thermal oxidizers, scrubbers, biofiltration systems, noise control silencers, modular ducting, electroplating filters, fiberglass reinforced pumps, and fume exhaust solutions. CECO Environmental offers comprehensive engineering services, environmental compliance systems, and specialized technologies including regenerative thermal oxidizers from brands like Adwest, EIS, and WK; biofiltration from Hee-Duall Bio-Pro; corrosion-resistant composite louvers from Peerless; and emissions control for EV battery production covering particulate matter, VOCs, and hazardous air pollutants. Founded in 1966 and headquartered in Addison, Texas, the company maintains a multinational presence with 25 principal operating facilities across 11 U.S. states and eight countries, serving customers in more than 40 countries with over 1,100 employees worldwide. Recent strategic developments include the acquisition of WK Group in early October 2024 to expand global leadership in industrial air and waste stream treatment; the acquisition of EnviroCare in July 2024 and completion of Profire Energy acquisition in early 2025 to bolster combustion and energy solutions; the divestiture of its Fluid Handling business (Global Pump Solutions) to May River Capital effective March 31, 2025; and an acquisition of DS21 Co., Ltd. in South Korea to enhance water and wastewater treatment capabilities and establish an Asian operational base, supporting projected 2025 adjusted EBITDA of $90 million to $100 million driven by organic growth and these transactions.

Company News

APIChat
  • CECO Environmental Completes Acquisition of Thermon Group Holdings

  • CECO Environmental and Thermon Group Holdings Announce that their respective Stockholders Approved the Strategic Combination and Provide Update on Election Results

  • CECO Environmental and Thermon Group Holdings Announce That Their Respective Stockholders Approved the Strategic Combination and Provide Update on Election Results

  • CECO Environmental (CECO) Price Forecast: Breakout Signals New Bullish Leg

  • CECO Environmental and Thermon Group Holdings Announce Election Deadline for Thermon Stockholders to Elect Form of Merger Consideration

  • A Look at CECO Environmental Corp (CECO) After 3.3% Gain -- GF Value $38.70 vs Price $83.14

  • This CECO Environmental Director Sold 11,218 Shares for $830,000

  • CECO Environmental Announces Upcoming Investor Conferences

  • 4 Pollution Control Stocks to Watch on Robust Industry Trends

  • What Makes CECO (CECO) a New Strong Buy Stock

  • Thermon Group Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Thermon Group Holdings, Inc. - THR

  • CECO Environmental Corp. (CECO) Q1 2026 Earnings Call Transcript

  • CECO Environmental (CECO) Q1 Earnings and Revenues Top Estimates

  • CECO Environmental Reports First Quarter 2026 Results

  • $HAREHOLDER ALERT: The M&A Class Action Firm Launches Legal Inquiry for the Merger—LEGT, STEL, CECO, and THR

  • CECO Environmental to Release First Quarter 2026 Earnings and Host Conference Call on April 28

  • Are MASI, CECO, MPX Obtaining Fair Deals for their Shareholders?

  • Allspring Global Investments Holdings LLC Lowers Position in CECO Environmental Corp. $CECO

  • CECO Environmental and Thermon to Host Joint CEO Fireside Chat at Upcoming Roth Conference

  • Royce Capital Fund-Micro-Cap Portfolio FY 2025: What Worked