Skip to content
MARKETS / NASDAQ / CECO
NASDAQ · INDUSTRIAL & COMMERCIAL FANS & BLOWERS & AIR PURIFING EQUIP · LARGE CAP

Ceco Environmental Corp. CECO

16 fiscal years on record · USD · FY2025 reported · SEC filings only
$774.4M
▲ 38.8% YoY
$50.1M
▲ 286.3% YoY
$-5.5M
▼ 173.5% YoY
In brief

What this company does

CECO Environmental Corp.'s solutions improve air and water quality, optimize emissions management, and increase energy and process efficiency for applications in power generation, hydrocarbon processing and transport, chemical processing, electric vehicle production, polysilicon fabrication, semiconductor and electronics production, battery production and recycling, specialty metals, aluminum and steel production, beverage can manufacturing, and industrial and produced water and wastewater treatment. CECO has approximately 1,540 employees across 10 countries. It organizes its operations into reportable segments, each aligned to a set of end markets. Its Engineered Systems segment serves the power generation, hydrocarbon processing, water/wastewater treatment, oily water separation and treatment, marine and naval vessels, and midstream oil and gas sectors. Its Industrial Process Solutions segment serves the broad industrial sector with solutions for air pollution and contamination control, fluid handling, and process filtration in 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.

Written from the business description in CECO ENVIRONMENTAL CORP.'s annual report to the U.S. Securities and Exchange Commission, filed 2 March 2026. Every sentence was checked against that document before publication.

Growth
USD 774.4M
Revenue, FY2025 · full 16-year series below
Revenue $M Net income $M
FY2025 · Revenue 774.4 · Net income 50.1
400M201020122014201620182020202220242025
Compound annual growth
+22.4%
+19.6%
+7.7%
+12.0%
+42.2%
+43.6%
+23.5%
+39.9%
+42.9%
+15.9%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +19.6% a year over five years — but profit grew faster: net income at +43.6%, earnings per share at +42.9%.

The share count rose from 0.04B to 0.04B over the period.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
7 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 13.7% · Net 6.9%
5%10%-5%201020122014201620182020202220242025
ROE
FY2025 · ROE 17.7%
10%20%-5%-10%-15%201020122014201620182020202220242025

Each USD of equity produced 18 cents of profit this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -5.5
25.0M50.0M201020122014201620182020202220242025
Net buybacks $M Dividends $M
FY2025 · Dividends — · Net buybacks 0.0
4M8MDividendsNet buybacks2011201320152017202120232025

Total assetsUSD 893.8M
EquityUSD 317.5M
CashUSD 33.1M
Gross debtUSD 212.4M
Net debtUSD 179.3M
Current ratio1.34×

Net debt stands at 56% of equity.

The 16-year record
16 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 2025202420232022202120202019201820172016201520142013201220112010
Revenue $B0.80.60.50.40.30.30.30.30.30.40.40.30.20.10.10.1
Operating income $B0.10.00.00.00.00.00.00.00.0−0.00.00.00.00.00.00.0
EBITDA $B0.10.00.00.00.00.00.00.00.0−0.00.00.00.00.00.0·
Income tax $B0.00.00.00.00.00.0−0.00.00.00.00.00.0−0.00.00.00.0
Net income $B0.10.00.00.00.00.00.0−0.0−0.0−0.0−0.00.00.00.00.00.0
Free cash flow $B−0.00.00.00.00.00.00.00.00.00.10.00.00.00.00.00.0
EPS, diluted $1.370.360.370.500.040.230.50−0.21−0.09−1.12−0.190.500.320.650.510.15
Dividend / sh $················
Payout %········−257−24−1424566239·
ROE %17.75.45.88.30.74.29.5−3.9−1.6−17.8−2.77.45.620.721.26.0
Shares out B0.040.030.030.030.040.040.040.030.030.030.03·····

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 80 reconciliationsAUDITED

Reconciled in 16 of 19 fiscal years. 15 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityIndustrial & Commercial Fans & Blowers & Air Purifing Equip
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2010

Share this section

Download image