OverviewSuggest Edit

CECO Environmental is a diversified global provider of engineered technologies to the environmental, energy and fluid handling and filtration industries worldwide. The Company operates through three segments: Energy, Environmental and Fluid Handling and Filtration. It designs and manufactures complicated filtration, separation and cooling systems and equipment for different industries. It also provides component parts for these systems and alternatives to traditional duct components, as well as custom metal engineered fabrication services. 

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TypePublic
Founded1966
HQDallas, US
Websitececoenviro.com
Employee Ratings2.8

Latest Updates

Employees (est.) (Feb 2019)880
Revenue (FY, 2017)$345.1 M(-17%)
Share Price (Feb 2019)$7.4 (+4%)

Key People/Management at CECO Environmental

Matthew Eckl

Matthew Eckl

CFO
Paul M. Gohr

Paul M. Gohr

Chief Accounting Officer
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CECO Environmental Office Locations

CECO Environmental has offices in Dallas, Austin, Santa Ana, Wayne and in 21 other locations
Dallas, US (HQ)
14651 N. Dallas Parkway Suite 500
Cincinnati, US
200 4625 Red Bank Rd
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CECO Environmental Financials and Metrics

CECO Environmental Revenue

CECO Environmental's revenue was reported to be $345.05 m in FY, 2017 which is a 17.3% decrease from the previous period.
USD

Revenue (Q3, 2018)

88.3m

Gross profit (Q3, 2018)

28.7m

Gross profit margin (Q3, 2018), %

32.5%

Net income (Q3, 2018)

(12.9m)

EBIT (Q3, 2018)

(10.4m)

Market capitalization (15-Feb-2019)

257.9m

Closing stock price (15-Feb-2019)

7.4

Cash (30-Sep-2018)

30.7m

EV

231.0m
CECO Environmental's current market capitalization is $257.9 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

197.3m263.2m367.4m417.0m345.1m

Revenue growth, %

33%40%13%(17%)

Cost of goods sold

258.3m282.2m231.9m

Gross profit

109.2m134.9m113.2m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

49.8m57.2m66.6m63.3m81.0m87.0m98.2m103.2m112.3m101.6m92.7m93.9m85.0m74.1m155.2m88.3m

Cost of goods sold

35.2m37.4m45.2m42.2m60.0m60.3m67.4m71.6m78.3m67.9m60.7m65.4m57.9m48.6m102.1m59.6m

Gross profit

14.6m19.7m21.4m21.1m21.0m26.6m30.8m31.6m33.9m33.7m31.9m28.5m27.1m25.6m53.1m28.7m

Gross profit Margin, %

29%35%32%33%26%31%31%31%30%33%34%30%32%34%34%32%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

22.7m19.4m34.2m45.8m29.9m

Accounts Receivable

44.4m58.4m97.8m83.1m68.0m

Prepaid Expenses

13.6m10.8m

Inventories

6.7m9.0m9.1m21.5m21.0m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

13.6m19.2m17.8m18.0m19.0m17.1m30.8m33.4m56.6m41.8m45.0m27.2m24.6m33.1m35.6m30.7m

Accounts Receivable

41.2m43.4m41.3m47.6m59.2m65.8m100.8m84.8m84.6m83.4m76.7m66.1m70.5m63.8m67.8m67.8m

Inventories

26.3m24.8m24.1m26.5m23.8m22.8m29.9m30.6m27.1m23.9m21.5m21.9m21.8m22.1m22.5m22.3m

Current Assets

122.5m114.4m114.4m125.5m151.0m152.0m244.7m216.1m233.7m213.4m200.8m179.1m179.9m177.8m181.3m170.4m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

6.6m13.1m(5.7m)(38.3m)(3.0m)

Depreciation and Amortization

6.6m11.3m16.5m18.9m16.1m

Inventories

1.7m2.0m(3.5m)9.4m887.0k

Accounts Payable

4.5m1.5m(8.6m)(6.6m)(15.8m)
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

(1.5m)3.0m4.5m3.7m198.0k2.1m(4.8m)3.1m4.0m5.8m38.0k5.5m8.6m5.8m4.9m(8.1m)

Depreciation and Amortization

8.2m12.1m3.5m7.0m10.1m

Inventories

(407.0k)(606.0k)(739.0k)(1.6m)(3.2m)

Accounts Payable

26.6m33.6m57.1m56.5m104.9m95.2m104.3m90.1m81.8m(8.0m)(9.1m)7.0m12.6m19.2m
USDY, 2018

EV/EBIT

-22.1 x

EV/CFO

62.7 x

Financial Leverage

2.3 x
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CECO Environmental Revenue Breakdown

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CECO Environmental revenue breakdown by business segment: 20.0% from Fluid Handling and Filtration Segment, 43.2% from Energy Segment and 36.8% from Environmental Segment

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CECO Environmental News and Updates

CECO Environmental Completes The Previously Announced Sale Of Its Zhongli Business In China

DALLAS, Dec. 11, 2018 /PRNewswire/ -- CECO Environmental Corp. (Nasdaq: CECE) a global leader in air quality and fluid handling, today announced the completion of the previously announced sale of its Zhongli business, which serves the China coal fired power generation market. All China...

CECO Environmental To Participate At The 6th Annual ROTH New Industrials 1x1 Event In New York

DALLAS, Dec. 4, 2018 /PRNewswire/ -- CECO Environmental Corp. (Nasdaq: CECE), today announced that Matthew Eckl, Chief Financial Officer, will participate at the 6th Annual ROTH New Industrials Corporate Access Day on December 11, 2018 in New York, NY. About CECO Environmental CECO...

CECO Environmental To Present At Southwest IDEAS Investor Conference

DALLAS, Nov. 9, 2018 /PRNewswire/ -- CECO Environmental Corp. (Nasdaq: CECE), today announced that Matthew Eckl, Chief Financial Officer, will present at the Southwest IDEAS Investor Conference on November 15, 2018 at 1:10 PM Central Time at the Fairmont Hotel in Dallas, TX. The...

CECO Environmental Corp. Reports Third Quarter and Nine Months 2018 Results

DALLAS, Nov. 7, 2018 /PRNewswire/ -- CECO Environmental Corp. (Nasdaq: CECE), a leading global air quality and fluid handling company serving the energy, industrial and other niche markets, today reported its financial results for the third quarter and first nine months of 2018....

CECO Environmental Helps Composites Manufacturer Reduce VOCs And Improve Overall Equipment Effectiveness

DALLAS, Nov. 1, 2018 /PRNewswire/ -- CECO Environmental, a leading provider of industrial air quality and fluid handling solutions, announced today the successful installation of a CECO Adwest retox regenerative thermal oxidizer (RTO) for one of the largest composites and laminating...

CECO Environmental Sharpens 4-3-3 Operating Strategy With The Sale Of Its Zhongli Business In China

DALLAS, Oct. 29, 2018 /PRNewswire/ -- CECO Environmental Corp. (Nasdaq: CECE) a leading global provider of air quality and fluid handling solutions, announced today that the Jiangsu Zhongli Environmental Technology Company has agreed to acquire CECO's Zhongli business which serves the...
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CECO Environmental Blogs

From Seven Million to None: Making Good Solutions Even Better

Seven million. According to a recent study just released by The World Health Organization, that’s how many people died from pollution in the world last year—16% of all deaths worldwide. According to a recent paper in the British journal The Lancet, cited in TIME magazine, the number coul…

CECO Environmental Company Life and Culture

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CECO Environmental Frequently Asked Questions

  • When was CECO Environmental founded?

    CECO Environmental was founded in 1966.

  • Who are CECO Environmental key executives?

    CECO Environmental's key executives are Matthew Eckl and Paul M. Gohr.

  • How many employees does CECO Environmental have?

    CECO Environmental has 880 employees.

  • What is CECO Environmental revenue?

    Latest CECO Environmental annual revenue is $345.1 m.

  • What is CECO Environmental revenue per employee?

    Latest CECO Environmental revenue per employee is $392.1 k.

  • Who are CECO Environmental competitors?

    Competitors of CECO Environmental include Aereon, Munters and MIOX.

  • Where is CECO Environmental headquarters?

    CECO Environmental headquarters is located at 14651 N. Dallas Parkway Suite 500, Dallas.

  • Where are CECO Environmental offices?

    CECO Environmental has offices in Dallas, Austin, Santa Ana, Wayne and in 21 other locations.

  • How many offices does CECO Environmental have?

    CECO Environmental has 25 offices.