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. 

TypePublic
Founded1966
HQDallas, US
Websitececoenviro.com
Employee Ratings2.3
Overall CultureC-

Latest Updates

Employees (est.) (Dec 2019)830(+4%)
Job Openings16
Revenue (FY, 2019)$341.9 M(+2%)
Share Price (Nov 2020)$7.3 (-2%)
Cybersecurity ratingAMore

Key People/Management at CECO Environmental

Matt Eckl

Matt Eckl

Chief Financial Officer
Paul Gohr

Paul Gohr

Chief Accounting Officer
Todd Gleason

Todd Gleason

CEO & Director
Daniel Duncan

Daniel Duncan

President, Energy Solutions
Chasity Henry

Chasity Henry

Senior Vice President, General Counsel and Corporate Secretary
Martin Pranger

Martin Pranger

Chief Technology Officer
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CECO Environmental Office Locations

CECO Environmental has offices in Dallas, Atlanta, Austin, Cincinnati and in 18 other locations
Dallas, US (HQ)
14651 Dallas Pkwy #500
Atlanta, US
Atlanta, GA, USA
Austin, US
Austin, TX, USA
Cincinnati, US
4625 Red Bank Rd #200
Columbia, US
Columbia, SC, USA
Denver, US
Denver, CO, USA
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CECO Environmental Financials and Metrics

CECO Environmental Revenue

CECO Environmental's revenue was reported to be $341.87 m in FY, 2019
USD

Revenue (Q3, 2020)

77.4m

Gross profit (Q3, 2020)

24.8m

Gross profit margin (Q3, 2020), %

32%

Net income (Q3, 2020)

(250.0k)

EBIT (Q3, 2020)

1.0m

Market capitalization (17-Nov-2020)

259.5m

Closing stock price (17-Nov-2020)

7.3

Cash (30-Sept-2020)

44.5m

EV

301.3m
CECO Environmental's current market capitalization is $259.5 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

139.2m135.1m197.3m263.2m367.4m417.0m345.1m337.3m341.9m

Revenue growth, %

33%40%13%(17%)

Cost of goods sold

101.0m92.6m258.3m282.2m231.9m225.8m227.8m

Gross profit

38.2m42.4m109.2m134.9m113.2m111.5m114.1m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

32.5m32.9m33.0m33.1m34.4m44.4m49.8m57.2m66.6m63.3m81.0m87.0m98.2m103.2m112.3m101.6m92.7m93.9m85.0m74.1m155.2m88.3m86.0m81.2m85.3m80.5m75.2m77.4m

Cost of goods sold

23.8m23.2m22.8m22.6m23.2m30.1m35.2m37.4m45.2m42.2m60.0m60.3m67.4m71.6m78.3m67.9m60.7m65.4m57.9m48.6m102.1m59.6m57.6m54.3m56.5m52.2m49.4m52.6m

Gross profit

8.7m9.7m10.2m10.5m11.2m14.3m14.6m19.7m21.4m21.1m21.0m26.6m30.8m31.6m33.9m33.7m31.9m28.5m27.1m25.6m53.1m28.7m28.4m26.8m28.8m28.3m25.8m24.8m

Gross profit Margin, %

27%29%31%32%33%32%29%35%32%33%26%31%31%31%30%33%34%30%32%34%34%32%33%33%34%35%34%32%
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

12.7m23.0m22.7m19.4m34.2m45.8m29.9m43.7m35.6m

Accounts Receivable

23.1m29.5m44.4m58.4m97.8m83.1m68.0m53.2m68.4m

Prepaid Expenses

2.7m2.2m13.6m10.8m10.1m9.9m

Inventories

4.3m3.9m6.7m9.0m9.1m21.5m21.0m20.8m20.6m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

8.4m9.9m19.9m19.8m24.5m6.9m5.1m13.6m19.2m17.8m18.0m19.0m17.1m30.8m33.4m56.6m41.8m45.0m27.2m24.6m33.1m35.6m30.7m28.2m28.8m29.0m82.5m41.5m44.5m

Accounts Receivable

20.1m20.6m20.3m18.3m21.3m26.8m28.3m41.2m43.4m41.3m47.6m59.2m65.8m100.8m84.8m84.6m83.4m76.7m66.1m70.5m63.8m67.8m67.8m73.0m60.0m58.1m55.6m60.8m58.3m

Prepaid Expenses

2.8m2.6m2.2m3.3m2.4m5.8m6.7m13.0m11.9m10.4m12.8m12.9m12.7m11.9m12.8m

Inventories

5.4m5.1m4.6m4.5m4.3m6.4m6.1m26.3m24.8m24.1m26.5m23.8m22.8m29.9m30.6m27.1m23.9m21.5m21.9m21.8m22.1m22.5m22.3m19.8m22.4m19.7m18.6m18.9m18.6m
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

8.3m10.9m6.6m13.1m(5.7m)(38.3m)(3.0m)(7.1m)17.7m

Depreciation and Amortization

1.4m1.3m6.6m11.3m16.5m18.9m16.1m13.3m10.6m

Inventories

(181.0k)458.0k1.7m2.0m(3.5m)9.4m887.0k(1.7m)(207.0k)

Accounts Payable

(3.7m)319.0k4.5m1.5m(8.6m)(6.6m)(15.8m)21.3m(4.0m)
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

3.2m5.5m2.0m4.5m7.8m2.2m5.3m(1.5m)3.0m4.5m3.7m198.0k2.1m(4.8m)3.1m4.0m5.8m38.0k5.5m8.6m5.8m4.9m(8.1m)1.9m7.4m9.3m3.4m6.7m6.4m

Depreciation and Amortization

746.0k1.1m318.0k610.0k910.0k414.0k1.3m8.2m12.1m3.5m7.0m10.1m2.8m5.5m8.2m2.2m4.6m7.2m

Inventories

(1.1m)(820.0k)(270.0k)(228.0k)(95.0k)(137.0k)221.0k(407.0k)(606.0k)(739.0k)(1.6m)(3.2m)821.0k(1.9m)527.0k1.8m1.7m2.6m

Accounts Payable

(2.7m)(5.0m)(2.5m)(2.7m)(1.4m)(878.0k)20.0k26.6m33.6m57.1m56.5m104.9m95.2m104.3m90.1m81.8m(8.0m)(9.1m)7.0m12.6m19.2m(3.9m)(8.3m)(4.2m)(4.6m)(5.2m)443.0k
USDQ2, 2011

Financial Leverage

1.9 x
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CECO Environmental Revenue Breakdown

Embed Graph

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

CECO Environmental Cybersecurity Score

Cybersecurity ratingPremium dataset

A

92/100

SecurityScorecard logo

CECO Environmental Online and Social Media Presence

Embed Graph

CECO Environmental Company Culture

  • Overall Culture

    C-

    64/100

  • CEO Rating

    C-

    66/100

  • Compensation

    C+

    69/100

Learn more on Comparably

CECO Environmental News and Updates

CECO Environmental Corp. Reports Second Quarter and Year-to-Date 2020 Results

DALLAS, Aug. 5, 2020 /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 second quarter and first six months of 2020....

CECO Environmental Announces Joint Venture Between Its Effox-Flextor Business And Mader Machine Co. To Strategically Align For Growth And Efficiencies

DALLAS, Aug. 3, 2020 /PRNewswire/ -- CECO Environmental (NASDAQ CECE), a leading global air quality and fluid handling technology company and Mader Machine Co. (Mader), announced today they have entered into an agreement to create a Joint Venture (JV) combining CECO's Effox-Flextor damper...

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....
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CECO Environmental Blogs

Superior air abatement solutions for the semiconductor industry.

Contributors: Jared Wilken Brian Cannon Brendan Boutilier  CECO HEE-Duall has been helping the microelectronics industry for decades by providing reliable scrubbers, fans and pumps to maintain air quality compliance. But when customers in the semiconductor industry came to us asking for more, w…

Sustainable High Temperature Filtration

When filtrating at high temperatures (85-100˚C/185-212F) ask for a good look at material and filter media.  

Filtration of Tin and Tin Alloy Plating Solutions

Removal of Sn4 from acidic tin and tin alloy plating solutions can be a difficult task; it is all about optimizing filter parameters! 

Being More Efficient at Disc Filter Change Outs

One of the biggest complaints against horizontal disc filters is how long changing them can take. These filters are capable of incredibly fine filtration, somewhere around 1 micron or below. However, they do require careful preparation and methodology to reach those levels. As a result, they can tak…

Removing Oil from Cleaner Tanks

One of the main problems that customers have with their cleaner tanks is when they become over-loaded with oils.  This creates two issues. The first issue is that the parts that need to be cleaned are not receiving the necessary cleaning.  The second issue is the cleaning solution disposal.  This ca…
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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 Matt Eckl, Paul Gohr and Todd Gleason.

  • How many employees does CECO Environmental have?

    CECO Environmental has 830 employees.

  • What is CECO Environmental revenue?

    Latest CECO Environmental annual revenue is $341.9 m.

  • What is CECO Environmental revenue per employee?

    Latest CECO Environmental revenue per employee is $411.9 k.

  • Who are CECO Environmental competitors?

    Competitors of CECO Environmental include Zeeco, Munters and Aereon.

  • Where is CECO Environmental headquarters?

    CECO Environmental headquarters is located at 14651 Dallas Pkwy #500, Dallas.

  • Where are CECO Environmental offices?

    CECO Environmental has offices in Dallas, Atlanta, Austin, Cincinnati and in 18 other locations.

  • How many offices does CECO Environmental have?

    CECO Environmental has 26 offices.