CECO

CECO Environmental Corp.
NASDAQINDUSTRIALSPOLLUTION & TREATMENT CONTROLS

Key Statistics

Market Cap
$4.64B
P/E Ratio
209.29
EPS
$0.38
Beta
1.47
52W High
$101.24
52W Low
$29.84
50-Day MA
$84.56
200-Day MA
$65.29
Dividend Yield
Profit Margin
1.70%
Forward P/E
48.78
PEG Ratio
1.89

About CECO Environmental Corp.

CECO Environmental Corporation. The company is headquartered in Dallas, Texas.

Official WebsiteUSAFY End: December

Fundamentals

Revenue (TTM)$803.60M
Gross Profit (TTM)$270.98M
EBITDA$86.09M
Operating Margin5.90%
Return on Equity5.41%
Return on Assets3.79%
Revenue/Share (TTM)$22.64
Book Value$8.71
Price-to-Book15.37
Price-to-Sales (TTM)5.78
EV/Revenue6.26
EV/EBITDA73.13
Quarterly Earnings Growth (YoY)-41.50%
Quarterly Revenue Growth (YoY)16.50%
Shares Outstanding$58.40M
Float$31.66M
% Insiders10.60%
% Institutions54.90%

Historical Volatility

HV 10-Day
33.71%
HV 20-Day
76.37%
HV 30-Day
80.15%
HV 60-Day
74.04%
HV Rank
81.0%

Volatility is currently contracting

Analyst Ratings

Consensus ($108.20 target)
1
Strong Buy
4
Buy

Latest News

CECO Environmental Momentum Continues Post Thermon Merger

CECO Environmental (CECO) remains a Strong Buy following its transformative merger with Thermon Group, which significantly expands capabilities and growth prospects. Post-merger 2026 guidance was raised: revenue of $1.275B–$1.375B and adjusted EBITDA of $195M–$225M, representing 20–25% year-over-year growth. CECO now targets a broader market, leveraging an $8B sales pipeline and exposure to secular tailwinds like AI data centers, electrification, and industrial reshoring.

Seeking Alpha6/10/2026Positive
CECO Environmental Provides Post-Closing Update on Thermon Transaction

ADDISON, Texas, June 09, 2026 (GLOBE NEWSWIRE) -- CECO Environmental Corp. (Nasdaq: CECO) (“CECO” or the “Company”), a leading environmentally focused, diversified industrial company whose solutions protect people, the environment and industrial equipment, today updated investors on the recent acquisition of Thermon Group Holdings, Inc. (“Thermon”), a diversified industrial technology company and a global leader in industrial process heating solutions. “I am pleased to share that approximately one week after closing our acquisition of Thermon, the initial integration phase is on track and delivering immediate benefits,” said Todd Gleason, Chairman and Chief Executive Officer of CECO.

GlobeNewsWire6/9/2026Neutral
CECO Environmental Completes Acquisition of Thermon Group Holdings

ADDISON, Texas, June 01, 2026 (GLOBE NEWSWIRE) -- CECO Environmental Corp. (Nasdaq: CECO) (“CECO”), a leading environmentally focused, diversified industrial company whose solutions protect people, the environment and industrial equipment, today announced the completion of its previously announced strategic combination with Thermon Group Holdings, Inc. (“Thermon”), a diversified industrial technology company and a global leader in industrial process heating solutions. As previously disclosed, the combined company will operate as CECO Environmental and continue to be led by Chief Executive Officer Todd Gleason and the CECO Board of Directors, now including two former Thermon Directors, Victor Richey and Marcus George.

GlobeNewsWire6/1/2026Neutral
CECO Environmental and Thermon Group Holdings Announce that their respective Stockholders Approved the Strategic Combination and Provide Update on Election Results

ADDISON, Texas and AUSTIN, Texas, May 28, 2026 (GLOBE NEWSWIRE) -- CECO Environmental Corp. (Nasdaq: CECO) (“CECO”) and Thermon Group Holdings, Inc. (NYSE: THR) (“Thermon”) announced that both companies' stockholders overwhelmingly voted to approve the previously announced strategic combination at their respective stockholder meetings held earlier today. Preliminary results showed that approximately 99.93% of votes cast at CECO's annual meeting were voted in favor of the transaction, and nearly 99.97% of the votes cast at Thermon's meeting were in support of the combination.

GlobeNewsWire5/28/2026Neutral
CECO Environmental and Thermon Group Holdings Announce Election Deadline for Thermon Stockholders to Elect Form of Merger Consideration

ADDISON, Texas, and AUSTIN, Texas, May 15, 2026 (GLOBE NEWSWIRE) -- CECO Environmental Corp. (Nasdaq: CECO) (“CECO”) and Thermon Group Holdings, Inc. (NYSE: THR) (“Thermon”) jointly announced today that, in connection with CECO's pending acquisition of Thermon (the “Transaction”), the deadline for Thermon stockholders to elect the form of merger consideration they wish to receive in the Transaction, as described in more detail below, has been set for 5:00 p.m., Central Time, on May 22, 2026 (such deadline, as it may be extended, the “Election Deadline”). The Election Deadline is based on CECO's and Thermon's expectation that the Transaction will close on June 1, 2026, subject to the approval of the stockholders of Thermon and CECO and the satisfaction of other customary closing conditions.

GlobeNewsWire5/15/2026Neutral
CECO Environmental Announces Upcoming Investor Conferences

ADDISON, Texas, May 07, 2026 (GLOBE NEWSWIRE) -- CECO Environmental Corp. (Nasdaq: CECO), a leading environmentally focused, diversified industrial company whose solutions protect people, the environment and industrial equipment, today announces that CECO management will participate in the following investor conferences: May 28, 2026 – 23rd Annual Craig-Hallum Institutional Investor Conference June 11, 2026 – 16th Annual Wells Fargo Industrials & Materials Conference June 11, 2026 – 16th Annual East Coast IDEAS Conference The presentations will be available on the Investor Relations section of the Company's website www.cecoenviro.com. ABOUT CECO ENVIRONMENTAL CECO Environmental is a leading environmentally focused, diversified industrial company, serving a broad landscape of industrial air, industrial water, and energy transition markets globally through its key business segments: Engineered Systems and Industrial Process Solutions.

GlobeNewsWire5/7/2026Neutral
4 Pollution Control Stocks to Watch on Robust Industry Trends

The Zacks Pollution Control industry has been benefiting from healthy demand for products, driven by global initiatives to tackle greenhouse gas emissions. DCI, CECO, ERII and FTEK are some notable stocks in the industry.

Zacks Investment Research5/5/2026Positive

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Data last updated: 7/9/2026