Ceco Environmental Corp (CECO) financials
Ceco Environmental revenue and earnings by year
Ceco Environmental's revenue was $774 million in the fiscal year to December 31, 2025, up 38.8% from the year before. Net income was $50.1 million, 6.5% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 7.1% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 774 | 558 | 545 | 423 | 324 | 316 | 342 | 337 | 345 | 417 |
| Revenue growth | 38.8% | 2.4% | 28.9% | 30.4% | 2.6% | -7.6% | 1.3% | -2.2% | -17.3% | — |
| Gross profit | 269 | 196 | 171 | 128 | 101 | 105 | 114 | 112 | 113 | 135 |
| Gross margin | 34.8% | 35.2% | 31.4% | 30.3% | 31.1% | 33.3% | 33.4% | 33.1% | 32.8% | 32.3% |
| Operating income | 106 | 35 | 35 | 22 | 10 | 13 | 18 | 10 | 8 | -26 |
| Operating margin | 13.7% | 6.3% | 6.3% | 5.2% | 3.0% | 4.2% | 5.3% | 3.0% | 2.3% | -6.1% |
| Net income | 50 | 13 | 13 | 17 | 1 | 8 | 18 | -7 | -3 | -38 |
| Net margin | 6.5% | 2.3% | 2.4% | 4.1% | 0.4% | 2.6% | 5.2% | -2.1% | -0.9% | -9.2% |
| Diluted EPS | $1.37 | $0.36 | $0.37 | $0.50 | $0.04 | $0.23 | $0.49 | -$0.20 | -$0.09 | -$1.11 |
| Free cash flow | -5 | 7 | 36 | 26 | 11 | 1 | 5 | 19 | 6 | 69 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open CECO in Markets.
How Ceco Environmental makes money
Revenue by segment in the quarter to June 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Engineered Systems | $174M | 60.9% |
| Industrial Process Solutions | $61.7M | 21.6% |
| Thermal Solutions | $49.6M | 17.4% |
See also: CECO valuation and P/E history · CECO returns
No forecast, no recommendation. This page describes Ceco Environmental Corp from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.