CECO Environmental Corp. logo

CECO Environmental Corp.

CECO

NASDAQIndustrialsIndustrial - Pollution & Treatment Controls

Previous close

$71.52

−$1.48 · -2.03%

Aug 21, 4:00 PM ET

CECO company overview

Historical prices · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

75

Undervalued

Momentum

57

Neutral

Sentiment

58

Mixed

Risk resilience

49

Elevated Risk

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Company profile

Company website

CECO Environmental Corp. provides critical solutions in industrial air quality, industrial water treatment, and energy transition solutions in the United States, the United Kingdom, the Netherlands, China, and internationally. It operates through Engineered Systems and Industrial Process Solutions segments. The company offers emissions management, fluid bed cyclones, thermal acoustics, and separation and filtration solutions; engineering services and environmental systems; and industrial exhaust air contamination treatment and control systems, solutions, and services, as well as intelligent control solutions. It also provides engineered and configured products and solutions, including dampers and diverters, expansion joints, selective catalytic reduction systems, severe-service and industrial cyclones, dust collectors, thermal oxidizers, filtration systems, wet and dry scrubbers, separators and coalescers, water treatment packages, metallic and non-metallic pumps, industrial silencers, and fluid handling equipment, as well as plant engineering services and engineered design build fabrication services. In addition, the company offers solutions for air pollution and contamination control, fluid handling, and process filtration in various applications, such as aluminum beverage can production, automobile production, food and beverage processing, semiconductor fabrication, electronics production, steel and aluminum mill processing, wood manufacturing, desalination, and aquaculture markets. It markets its power generation, hydrocarbon processing, water/wastewater treatment, oily water separation and treatment, marine and naval vessels, and midstream oil and gas sectors. CECO Environmental Corp. was founded in 1869 and is headquartered in Addison, Texas.

Industry
Industrial - Pollution & Treatment Controls
Sector
Industrials
Headquarters
US
CEO
Todd R. Gleason
Listed since
Dec 2, 1980
Employees
1,540

Market position

Day range

Current $71.52

52-week range

Current $71.52

Open
$73.98
Previous close
$73.00
Volume
615.15K
0.68× average
Average volume
906.64K
Average daily volume
Market cap
4.18B USD
Beta
1.51
Market reference 1
50-day average
$80.9612
-11.66% below average
200-day average
$69.2789
+3.23% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
2.11B USD
P/E (TTM)
-122.93×
P/B (TTM)
1.49×
P/S (TTM)
4.58×
EV / EBITDA
16.37×
Earnings yield
2.37%
Free cash flow yield
-0.26%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
32.66%
Operating margin
1.14%
Net margin
-2.98%
Return on equity
15.76%
Return on assets
5.60%
Return on invested capital
5.62%

Financial health

Debt / equity
0.37×
Current ratio
1.34×
Altman Z-score
1.87
Piotroski F-score
3 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends39%25%11%-3%Gross margin, FY2021: 31.14%Gross margin, FY2022: 30.34%Gross margin, FY2023: 31.39%Gross margin, FY2024: 35.16%Gross margin, FY2025: 32.68%Operating margin, FY2021: 3.04%Operating margin, FY2022: 5.24%Operating margin, FY2023: 6.34%Operating margin, FY2024: 6.35%Operating margin, FY2025: 6.68%Net margin, FY2021: 0.44%Net margin, FY2022: 4.12%Net margin, FY2023: 2.37%Net margin, FY2024: 2.32%Net margin, FY2025: 6.46%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 31.14%. Gross margin FY2022 30.34%. Gross margin FY2023 31.39%. Gross margin FY2024 35.16%. Gross margin FY2025 32.68%. Operating margin FY2021 3.04%. Operating margin FY2022 5.24%. Operating margin FY2023 6.34%. Operating margin FY2024 6.35%. Operating margin FY2025 6.68%. Net margin FY2021 0.44%. Net margin FY2022 4.12%. Net margin FY2023 2.37%. Net margin FY2024 2.32%. Net margin FY2025 6.46%.

Income trends

Revenue

774.38M USD+38.79%

Operating income

51.71M USD+46.07%

Net income

50.05M USD+286.29%
Income trends across reported periods851.68M USD542.49M USD233.31M USD−75.87M USDRevenue, FY2021: 324.14M USDRevenue, FY2022: 422.63M USDRevenue, FY2023: 544.85M USDRevenue, FY2024: 557.93M USDRevenue, FY2025: 774.38M USDOperating income, FY2021: 9.86M USDOperating income, FY2022: 22.16M USDOperating income, FY2023: 34.57M USDOperating income, FY2024: 35.4M USDOperating income, FY2025: 51.71M USDNet income, FY2021: 1.43M USDNet income, FY2022: 17.42M USDNet income, FY2023: 12.91M USDNet income, FY2024: 12.96M USDNet income, FY2025: 50.05M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 324.14M USD. Revenue FY2022 422.63M USD. Revenue FY2023 544.85M USD. Revenue FY2024 557.93M USD. Revenue FY2025 774.38M USD. Operating income FY2021 9.86M USD. Operating income FY2022 22.16M USD. Operating income FY2023 34.57M USD. Operating income FY2024 35.4M USD. Operating income FY2025 51.71M USD. Net income FY2021 1.43M USD. Net income FY2022 17.42M USD. Net income FY2023 12.91M USD. Net income FY2024 12.96M USD. Net income FY2025 50.05M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue774.38M USD557.93M USD544.85M USD422.63M USD324.14M USD
Cost of goods sold521.32M USD361.79M USD373.83M USD294.4M USD223.22M USD
Gross profit253.06M USD196.15M USD171.02M USD128.23M USD100.92M USD
Selling, general, and administrative200.73M USD146.7M USD122.94M USD93.47M USD81.8M USD
Operating expenses201.35M USD160.74M USD136.45M USD106.06M USD91.07M USD
Interest expense20.91M USD13.02M USD13.42M USD5.42M USD2.95M USD
Depreciation and amortization24.88M USD14.52M USD12.51M USD10.61M USD9.85M USD
Operating income51.71M USD35.4M USD34.57M USD22.16M USD9.86M USD
Net income50.05M USD12.96M USD12.91M USD17.42M USD1.43M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
64%
7 beats, 2 misses, 2 met estimates
Average EPS surprise
+27.40%
11 comparable reports
Latest EPS result
0.47
Estimate 0.26 · Beat by 84.31%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.660.470.280.09Q1 '25BeatQ2 '25MetQ3 '25BeatQ4 '25BeatQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 25, 2025: actual 0.27, estimate 0.22, surprise +22.73%, Beat. Q2 2025, reported Apr 29, 2025: actual 0.1, estimate 0.1, surprise 0.00%, Met estimate. Q3 2025, reported Jul 29, 2025: actual 0.24, estimate 0.2, surprise +20.00%, Beat. Q4 2025, reported Oct 29, 2025: actual 0.26, estimate 0.25, surprise +4.00%, Beat. Q1 2026, reported Feb 24, 2026: actual 0.3, estimate 0.43, surprise -30.23%, Miss. Q2 2026, reported Apr 28, 2026: actual 0.36, estimate 0.12, surprise +200.00%, Beat. Q3 2026, reported Aug 10, 2026: actual 0.47, estimate 0.255, surprise +84.31%, Beat. Q4 2026, reported Oct 27, 2026: actual —, estimate 0.62, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates413.67M318.66M223.66M128.66MQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 25, 2025: actual 158.57M USD, estimate 148.32M USD, surprise +6.91%, Beat. Q2 2025, reported Apr 29, 2025: actual 176.7M USD, estimate 164.62M USD, surprise +7.33%, Beat. Q3 2025, reported Jul 29, 2025: actual 185.39M USD, estimate 183.1M USD, surprise +1.25%, Beat. Q4 2025, reported Oct 29, 2025: actual 197.6M USD, estimate 190.36M USD, surprise +3.80%, Beat. Q1 2026, reported Feb 24, 2026: actual 214.69M USD, estimate 205.39M USD, surprise +4.53%, Beat. Q2 2026, reported Apr 28, 2026: actual 205.92M USD, estimate 198.88M USD, surprise +3.54%, Beat. Q3 2026, reported Aug 10, 2026: actual 284.96M USD, estimate 282.21M USD, surprise +0.97%, Beat. Q4 2026, reported Oct 27, 2026: actual —, estimate 394.01M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

16 ratings
Strong buy00%
Buy1169%
Hold531%
Sell00%
Strong sell00%

Recent analyst actions

7 institutions
Roth CapitalmaintainBuy

CECO news

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.264

2016 complete year+65.0% since 2012

Corporate action history

Dividend

Ex-dividend Sep 14, 2017

$0.075

Quarterly

Payment Sep 29, 2017

Dividend

Ex-dividend Jun 14, 2017

$0.075

Quarterly

Dividend

Ex-dividend Mar 15, 2017

$0.075

Quarterly

Dividend

Ex-dividend Dec 14, 2016

$0.066

Quarterly

Dividend

Ex-dividend Sep 14, 2016

$0.066

Quarterly

Dividend

Ex-dividend Jun 15, 2016

$0.066

Quarterly

CECO peers

ETFs holding CECO

Funds reporting this stock among their holdings, ordered by reported position size.

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