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USIndustrials

CECO Environmental Corp. (CECO)

US · Industrials · Pollution & Treatment Controls

$70.83+2.03%
Last close · 2026-09-17

Latest quarter · ended 2026-06-30

Revenue
$285.0M
Revenue YoY
+53.7%
Net profit
$-34.8M
Profit YoY
-465.6%
EPS
$0.47
EPS estimate
$0.24
Net margin
-12.2%

EPS came in at 0.47 against a street estimate of 0.24 — a beat of 95.8%.

Key statistics

Market cap
$4.42B
Forward P/E
29.0
P/B
2.21
Book value
$35.52
EPS (TTM)
$-0.73
52-week high
$101.24
52-week low
$42.82
50-day MA
$75.56
200-day MA
$70.53
Beta
1.51

Analyst view

Analysts rate CECO Environmental Corp. a strong buy (6 buy, 0 hold, 0 sell out of 6) with an average price target of $109.14.

Shareholding

Insiders
10.67%
Institutions
89.53%

Largest institutional holders

FundStake
FMR Inc3.98%
BlackRock Inc3.90%
Dimensional Fund Advisors, Inc.3.73%
T. Rowe Price Investment Management,Inc.3.64%
American Century Companies Inc3.57%
Vanguard Capital Management, LLC2.27%
Capital World Investors1.98%
Two Sigma Investments LLC1.64%

Recent filings & reports

DocumentDate
Quarterly report · Q2 2026
CECO ENVIRONMENTAL CORP. — QUARTERLY REPORT SUMMARY Form 10-Q for Quarter Ended June 30, 2026 --- HEADLINE NUMBERS • Net sales: $284.961 million (Q
2026-08-10
Results announced · Q3 2026
CECO ENVIRONMENTAL Q2 2026 RESULTS SUMMARY HEADLINE NUMBERS • Q2 2026 revenue $285.0 million, up 54% year-over-year • Orders $798.5 million, up 191%
2026-08-10
Reg FD disclosure · Q2 2026
CECO ENVIRONMENTAL CORP. – 8-K SUMMARY HEADLINE NUMBERS • Company announced updated full year 2026 outlook on June 9, 2026 • Outlook update reflects
2026-06-09
Acquisition completed · Q2 2026
CECO ENVIRONMENTAL CORP. - FORM 8-K SUMMARY HEADLINE NUMBERS • Merger completed June 1, 2026 between CECO Environmental Corp. and Thermon Group Hold
2026-06-01
Board / officer change · Q2 2026
CECO ENVIRONMENTAL CORP. - FORM 8-K SUMMARY HEADLINE NUMBERS • Stockholder meeting held: May 27, 2026 • Shares outstanding and entitled to vote: 35,
2026-05-28
Quarterly report · Q1 2026
CECO ENVIRONMENTAL CORP. — 10-Q SUMMARY (Q1 2026) HEADLINE NUMBERS • Net sales Q1 2026: $205.9 million (vs. $176.7 million Q1 2025; +16.5% growth) •
2026-04-30
Annual report FY2025
CECO ENVIRONMENTAL CORP. – 10-K SUMMARY FOR RETAIL INVESTORS HEADLINE NUMBERS • Company: CECO Environmental Corp., Delaware corporation, ticker CECO
2026-03-02
Quarterly report · Q3 2025
CECO ENVIRONMENTAL CORP. — 10-Q SUMMARY FOR RETAIL INVESTOR HEADLINE NUMBERS • Net sales (9 months 2025): $559.7 million vs. $399.4 million (2024) —
2025-10-28

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Deals & corporate news

AnnouncementDate
Thermon acquisition closed June 1, 2026, integration delivering synergies ahead
CECO Environmental reported strong second quarter 2026 results, marked by its first full quarter after acquiring Thermon on June 1, 2026. Key highlights: Orders surged 191% to $798.5 million
2026-08-10
Post-closing update on Thermon acquisition with integration progress
CECO Environmental announced a successful acquisition of Thermon Group Holdings, which closed on June 1, 2026. The company has updated its full-year 2026 guidance to include seven months of
2026-06-09
Company completes merger with Thermon, incurs $525 million debt financing
CECO Environmental completed a merger with Thermon Group Holdings in March 2026. To fund the deal, CECO borrowed $235 million via a delayed draw term loan and approximately $290 million thro
2026-06-01
Stockholders approve merger with Thermon and new equity plan
CECO Environmental Corp. held its annual shareholder meeting on May 27, 2026, where stockholders approved multiple proposals. The most significant item was approval of a merger with Thermon,
2026-05-28
Full year 2026 guidance raised; Q1 orders up 97%, backlog exceeds $1B
CECO Environmental reported strong first quarter 2026 results with orders surging 97% to $449.5 million and backlog reaching a record $1.035 billion. Revenue grew 17% to $205.9 million. The
2026-04-28

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Data updated 2026-09-18.