CECO Environmental Corp.

CECO Environmental Corp.

CECOยทNASDAQ

$79.47

+0.56%
IndustrialsIndustrial - Pollution & Treatment Controls

CECO 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.

At a Glance

Live Snapshot
Market Cap$2.85B
EPS1.4200
P/E Ratio55.96
Earnings Date08/04/2026
3Y-80.0%
5Y+33.0%
10Y-92.0%
3Y-98.0%
5Y-88.0%
10Y+157.0%
3Y-130.0%
5Y-410.0%
10Y-79.0%
CECO

CECO Environmental Corp. Cash Conversion Engine

CECO ยท NASDAQ
Net Income50.05M
Depreciation & Amortization24.88M
Stock-Based Compensation13.11M
Change in Working Capital-20.04M
Others-68.45M
Capital Expenditures-11.34M
Free Cash Flow-5.48M

Cash Flow Quality Analysis

FCF Conversion Rate

-11.0%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

CapEx Intensity

193.5%

Very high capital intensity consumes most operating cash flow. Limited flexibility for dividends or debt reduction.

FCF Growth Trend

-173.5%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

-$20.04M

Significant working capital drain. Growth may be consuming cash through inventory buildup or receivables extensionโ€”monitor closely.

Cash Flow Quality Insight

Cash flow concerns: Despite profitability, the company is burning cash. Review working capital management, CapEx levels, and sustainability of current operations.

CECO Environmental Corp. Cash Flow Statement

CECO โ€ข NASDAQ

CECO Environmental Corp. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
OPERATING ACTIVITIES
50.1M
14.4M
12.9M
18.3M
2M
8.2M
17.7M
-7.1M
-3M
-38.3M
-5.7M
13.1M
6.6M
10.9M
8.3M
2.3M
-14.8M
5M
6.3M
3.1M
24.9M
14.5M
12.5M
10.6M
9.9M
9.9M
10.6M
13.3M
16.1M
18.9M
16.5M
11.3M
6.6M
1.3M
1.4M
1.8M
2.5M
3.2M
1.6M
1.2M
6.3M
-3.6M
-118K
-39K
2.7M
1M
-940K
-42K
-3.1M
-3.8M
-3.5M
-3.2M
1.1M
454K
513K
-399K
-2.8M
265K
-489K
-160K
13.1M
7.5M
4.5M
3.9M
3.3M
1.8M
2.7M
3.2M
1.8M
2.3M
2.1M
1.7M
1.1M
662K
693K
885K
997K
1.2M
0.0
0.0
-68.4M
4.8M
4.1M
-659K
521K
4.3M
1M
4.9M
-3.7M
66.2M
19.7M
441K
201K
435K
798K
843K
20.2M
-626K
1.6M
691K
(0.0)
(9.6M)
(9.9M)
(5.4M)
(0.0)
(2.2M)
(5.9M)
(10.2M)
(3M)
(6.4M)
(5.1M)
(8.7M)
(2.2M)
(0.0)
(0.0)
(247K)
(2.4M)
(429K)
(0.0)
(0.0)
-20M
-12.9M
10.7M
-2.4M
-5.1M
-20.8M
-20.9M
7.8M
-1.5M
24.3M
-16.5M
-7M
8.6M
3.2M
-3M
-2.5M
8.7M
-3.9M
-5.1M
-9M
5.9M
24.8M
44.6M
29.6M
13.3M
4.4M
10.2M
22M
6.6M
69.6M
12.6M
16.3M
24.2M
16.8M
8.7M
2.9M
14.9M
5.1M
4M
-4.2M
INVESTING ACTIVITIES
-11.3M
(0.0)
-8.4M
-3.4M
-2.6M
-3.9M
-5.7M
-3.1M
-1M
-1.1M
-763K
-1.2M
-1.4M
-273K
-913K
-654K
-999K
-2.2M
-1.7M
-898K
-97.6M
-87.9M
-48.1M
-44.9M
(533K)
-5.9M
(509K)
(35.1M)
(368K)
(657K)
-37.5M
-44.4M
-104.4M
-4M
(0.0)
(0.0)
(0.0)
-23.5M
-10M
(0.0)
107.9M
-17.4M
0.0
19K
0.0
605K
0.0
6.3M
368K
657K
3.2M
7.7M
215K
382K
714K
5.2M
0.0
0.0
0.0
0.0
-1.1M
-105.3M
-56.5M
-48.3M
-2.1M
-9.2M
-5.1M
(38.3M)
-660K
-419K
-35M
-37.8M
-105.6M
-3.9M
-199K
(4.5M)
-999K
-25.8M
-11.6M
-898K
FINANCING ACTIVITIES
872K
-5M
1.4M
-7M
-5M
0.0
0.0
0.0
0.0
-188K
0.0
-973K
-2.4M
-456K
-991K
0.0
0.0
-1.6M
19M
3.4M
-8M
82M
25.1M
46.1M
-9M
3.7M
-11.1M
-45M
-9.6M
-41.4M
51.6M
23.2M
89.1M
0.0
0.0
-2.7M
-13.6M
22.8M
-11.6M
1.8M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-7.8M
-9M
-8M
-5.9M
-4.3M
-2.5M
-728K
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-5M
(0.0)
-7M
-5M
(0.0)
(0.0)
(0.0)
(0.0)
-188K
(0.0)
-973K
-2.4M
-456K
-991K
(0.0)
(0.0)
-1.6M
(0.0)
(0.0)
-4.4M
-11.1M
-5.4M
-884K
-1.5M
0.0
-1M
54K
-6.7M
-7.4M
-4.7M
34K
-1.4M
248K
112K
-336K
0.0
43K
531K
0.0
-11.6M
65.9M
21.1M
38.2M
-15.6M
3.7M
-12.1M
-44.9M
-22.7M
-55.8M
38.9M
18.3M
81.1M
-2.7M
-1.6M
-3M
-13.6M
21.2M
7.9M
5.2M
CASH FLOW SUMMARY
1.8M
-2.7M
-442K
-5M
-1.5M
1.9M
-445K
-1.5M
881K
-1.7M
-486K
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-5M
-17.2M
8.9M
14.6M
-5.8M
853K
-7.5M
13.8M
-15.9M
11.6M
16M
-3.3M
-333K
10.3M
6.9M
4.4M
246K
513K
211K
135K
38.2M
55.4M
46.6M
32M
37.8M
37M
44.4M
30.7M
45.8M
34.2M
18.2M
22.7M
23M
12.7M
5.8M
1.4M
1.1M
656K
445K
310K
33.2M
38.2M
55.4M
46.6M
32M
37.8M
37M
44.4M
29.9M
45.8M
34.2M
19.4M
22.7M
23M
12.7M
5.8M
1.4M
1.2M
656K
445K
-5.5M
7.5M
36.3M
26.3M
10.7M
476K
4.6M
18.9M
5.5M
68.5M
11.9M
15.1M
22.8M
16.6M
7.8M
2.3M
13.9M
2.8M
2.3M
-5M

SEC Filings

CECO - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

June 01, 2026
June 01, 2026
2026
8-K

8-K 2026

N/A

May 28, 2026
May 27, 2026
2026
10-Q

10-Q 2026 Q1

Q1

April 30, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

April 28, 2026
April 28, 2026
2026
S-4/A

S-4/A (Amended)

N/A

April 21, 2026
April 21, 2026
ย 
S-4

S-4

N/A

April 08, 2026
April 08, 2026
ย 
8-K

8-K 2026

N/A

April 02, 2026
March 30, 2026
2026
10-K

10-K 2025 FY

FY

March 02, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 24, 2026
February 23, 2026
2026
8-K

8-K 2026

N/A

February 24, 2026
February 24, 2026
2026
Showing 1 to 10 of 401 filings