CECO Environmental Corp.

NasdaqGS:CECO Stock Report

Market Cap: US$1.0b

CECO Environmental Past Earnings Performance

Past criteria checks 4/6

CECO Environmental has been growing earnings at an average annual rate of 19.7%, while the Commercial Services industry saw earnings growing at 12.9% annually. Revenues have been growing at an average rate of 15.3% per year. CECO Environmental's return on equity is 16.8%, and it has net margins of 7.8%.

Key information

19.68%

Earnings growth rate

19.93%

EPS growth rate

Commercial Services Industry Growth8.53%
Revenue growth rate15.31%
Return on equity16.81%
Net Margin7.80%
Last Earnings Update31 Mar 2025

Recent past performance updates

We Think You Can Look Beyond CECO Environmental's (NASDAQ:CECO) Lackluster Earnings

Nov 06
We Think You Can Look Beyond CECO Environmental's (NASDAQ:CECO) Lackluster Earnings

Recent updates

CECO Environmental (NASDAQ:CECO) Takes On Some Risk With Its Use Of Debt

May 17
CECO Environmental (NASDAQ:CECO) Takes On Some Risk With Its Use Of Debt

CECO Environmental: Awaiting Margin Improvements

May 08

CECO Environmental Corp.'s (NASDAQ:CECO) Share Price Is Still Matching Investor Opinion Despite 26% Slump

Apr 22
CECO Environmental Corp.'s (NASDAQ:CECO) Share Price Is Still Matching Investor Opinion Despite 26% Slump

Should You Think About Buying CECO Environmental Corp. (NASDAQ:CECO) Now?

Mar 13
Should You Think About Buying CECO Environmental Corp. (NASDAQ:CECO) Now?

CECO Environmental (NASDAQ:CECO) Seems To Use Debt Quite Sensibly

Jan 31
CECO Environmental (NASDAQ:CECO) Seems To Use Debt Quite Sensibly

Why We're Not Concerned About CECO Environmental Corp.'s (NASDAQ:CECO) Share Price

Nov 27
Why We're Not Concerned About CECO Environmental Corp.'s (NASDAQ:CECO) Share Price

We Think You Can Look Beyond CECO Environmental's (NASDAQ:CECO) Lackluster Earnings

Nov 06
We Think You Can Look Beyond CECO Environmental's (NASDAQ:CECO) Lackluster Earnings

CECO Environmental: Interesting Times As Expectations Rise

Oct 31

Is CECO Environmental (NASDAQ:CECO) A Risky Investment?

Oct 30
Is CECO Environmental (NASDAQ:CECO) A Risky Investment?
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Calculated Acquisitions And Market Expansion Fuel Revenue Growth Amidst Operational Challenges

CECO Environmental's strategy to grow through acquisitions and operational excellence is set to expand market presence and improve profit margins.

Is It Time To Consider Buying CECO Environmental Corp. (NASDAQ:CECO)?

Sep 20
Is It Time To Consider Buying CECO Environmental Corp. (NASDAQ:CECO)?

CECO Environmental: High Expectations Pose A Risk If Not Met

Aug 13

CECO Environmental Corp. (NASDAQ:CECO) Just Reported And Analysts Have Been Lifting Their Price Targets

Aug 01
CECO Environmental Corp. (NASDAQ:CECO) Just Reported And Analysts Have Been Lifting Their Price Targets

There's Been No Shortage Of Growth Recently For CECO Environmental's (NASDAQ:CECO) Returns On Capital

Jul 31
There's Been No Shortage Of Growth Recently For CECO Environmental's (NASDAQ:CECO) Returns On Capital

Why Investors Shouldn't Be Surprised By CECO Environmental Corp.'s (NASDAQ:CECO) 26% Share Price Surge

Jul 16
Why Investors Shouldn't Be Surprised By CECO Environmental Corp.'s (NASDAQ:CECO) 26% Share Price Surge

CECO Environmental Corp. (NASDAQ:CECO) Shares Could Be 50% Below Their Intrinsic Value Estimate

Jun 22
CECO Environmental Corp. (NASDAQ:CECO) Shares Could Be 50% Below Their Intrinsic Value Estimate

CECO Environmental's (NASDAQ:CECO) Soft Earnings Don't Show The Whole Picture

May 07
CECO Environmental's (NASDAQ:CECO) Soft Earnings Don't Show The Whole Picture

CECO Environmental (NASDAQ:CECO) Is Looking To Continue Growing Its Returns On Capital

Apr 26
CECO Environmental (NASDAQ:CECO) Is Looking To Continue Growing Its Returns On Capital

CECO Environmental Stock Tanks On Q4 Earnings, Opportunity Knocks

Mar 05

CECO Environmental's (NASDAQ:CECO) Returns On Capital Are Heading Higher

Nov 08
CECO Environmental's (NASDAQ:CECO) Returns On Capital Are Heading Higher

When Should You Buy CECO Environmental Corp. (NASDAQ:CECO)?

Jul 28
When Should You Buy CECO Environmental Corp. (NASDAQ:CECO)?

Are Investors Undervaluing CECO Environmental Corp. (NASDAQ:CECO) By 50%?

Jun 08
Are Investors Undervaluing CECO Environmental Corp. (NASDAQ:CECO) By 50%?

Is Now An Opportune Moment To Examine CECO Environmental Corp. (NASDAQ:CECO)?

Apr 05
Is Now An Opportune Moment To Examine CECO Environmental Corp. (NASDAQ:CECO)?

News Flash: Analysts Just Made A Meaningful Upgrade To Their CECO Environmental Corp. (NASDAQ:CECO) Forecasts

Nov 12
News Flash: Analysts Just Made A Meaningful Upgrade To Their CECO Environmental Corp. (NASDAQ:CECO) Forecasts

Revenue & Expenses Breakdown

How CECO Environmental makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqGS:CECO Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 25608471650
31 Dec 24558131470
30 Sep 24553121420
30 Jun 24567131390
31 Mar 24559121310
31 Dec 23545131230
30 Sep 23508171130
30 Jun 23467161080
31 Mar 23443171000
31 Dec 2242317930
30 Sep 2240010880
30 Jun 223717830
31 Mar 223453830
31 Dec 213241820
30 Sep 213132780
30 Jun 213113760
31 Mar 213076740
31 Dec 203168770
30 Sep 2032215800
30 Jun 2033017830
31 Mar 2033619870
31 Dec 1934218860
30 Sep 1934610870
30 Jun 19349-5870
31 Mar 19349-11870
31 Dec 18337-7870
30 Sep 18317-20870
30 Jun 18314-4870
31 Mar 183273870
31 Dec 17345-3890
30 Sep 17371-43880
30 Jun 17388-40850
31 Mar 17406-41840
31 Dec 16417-38830
30 Sep 1641810830
30 Jun 16415-1810
31 Mar 16390-3750
31 Dec 15367-6670
30 Sep 15342-1610
30 Jun 153078560
31 Mar 1528710530
31 Dec 1426313510
30 Sep 1425614490
30 Jun 142429460

Quality Earnings: CECO has a large one-off gain of $51.4M impacting its last 12 months of financial results to 31st March, 2025.

Growing Profit Margin: CECO's current net profit margins (7.8%) are higher than last year (2.2%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: CECO's earnings have grown by 19.7% per year over the past 5 years.

Accelerating Growth: CECO's earnings growth over the past year (281.3%) exceeds its 5-year average (19.7% per year).

Earnings vs Industry: CECO earnings growth over the past year (281.3%) exceeded the Commercial Services industry 7.6%.


Return on Equity

High ROE: CECO's Return on Equity (16.8%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/28 04:24
End of Day Share Price 2025/05/28 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

CECO Environmental Corp. is covered by 18 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gerard SweeneyBoenning & Scattergood, Inc.
Christopher Van HornB. Riley Securities, Inc.
John QuealyCanaccord Genuity