CECO Environmental Corp.

CECO Industrials Pollution & Treatment Controls

CECO Environmental Corp.’s revenue for fiscal 2025 (year ended December 2025) was $774.4 million, up 38.8% from fiscal 2024.

Revenue
+53.7%
EPS
−396.3%
Free cash flow
−178.0%
Total debt
+204.8%

Quarter to June 2026, against a year earlier

42.57 4.91 +13.04%
Market cap
$2.2B
P/E
0.0×
Fwd P/E
151×
Dividend yield
—
F-score
5/9
Altman Z
3.71
Beneish M
−2.10
Dividend safety
78/100

CECO Environmental Corp. (CECO) Gross margin

Alert me on Gross margin

CECO Environmental Corp.'s gross margin over the twelve months to 30 June 2026 was 32.2%, down 2.6 percentage points from fiscal 2025 (34.8%). Over the past ten years it has ranged from 29.7% (fiscal 2015) to 35.2% (fiscal 2024); the current reading is higher than 91% of that period. That is in line with the Pollution & Treatment Controls industry median of 32.2% and in line with the Industrials sector median of 30.6%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 34.8% (0.39)
FY2024 35.2% 3.77
FY2023 31.4% 1.05
FY2022 30.3% (0.80)
FY2021 31.1% (2.13)
FY2020 33.3% (0.11)
FY2019 33.4% 0.32
FY2018 33.1% 0.25
FY2017 32.8% 0.47
FY2016 32.3% 2.63

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 30.3% (0.70)
Mar 2026 31.0% (4.07)
Dec 2025 35.1% 2.43
Sep 2025 32.7% (3.52)
42 more quarters

Against its own ten years

Low 29.7% High 35.2%
Ten-year median 32.8%
Current reading's percentile 33

Gross margin against peers

Company Gross margin
ADUR Aduro Clean Technologies Inc. compare 100.0%
ERII Energy Recovery, Inc. compare 61.0%
VLTO Veralto Corporation compare 60.2%
ZWS Zurn Elkay Water Solutions Cor compare 50.4%
FTEK Fuel Tech, Inc. compare 43.7%
CECO CECO Environmental Corp. 32.2%
ARQ Arq, Inc. compare 32.1%
CDZI Cadiz, Inc. compare 27.1%
PCT PureCycle Technologies, Inc. compare 0.00%
Pollution & Treatment Controls industry median 32.2%
Industrials sector median 30.6%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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