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, TX, US
Websitececoenviro.com
Employee Ratings2.9
Overall CultureD+

Latest Updates

Employees (est.) (Dec 2019)830(+4%)
Job Openings32
Revenue (FY, 2020)$316 M(-7%)
Share Price (Jul 2021)$7.1
Cybersecurity ratingBMore

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, Anaheim, Atlanta, Cincinnati and in 17 other locations
Dallas, TX, US (HQ)
14651 Dallas Pkwy #500
Anaheim, CA, US
4222 E La Palma Ave
Atlanta, GA, US
Atlanta, GA, USA
Cincinnati, OH, US
4625 Red Bank Rd #200
Columbia, SC, US
Columbia, SC, USA
Denver, CO, US
Denver, CO, USA
Show all (25)

CECO Environmental Financials and Metrics

CECO Environmental Revenue

CECO Environmental's revenue was reported to be $316.01 m in FY, 2020
USD

Revenue (FY, 2020)

316.0m

Gross profit (FY, 2020)

105.1m

Gross profit margin (FY, 2020), %

33.3%

Net income (FY, 2020)

8.2m

EBIT (FY, 2020)

13.3m

Market capitalization (29-Jul-2021)

251.4m

Closing stock price (29-Jul-2021)

7.1

Cash (31-Dec-2020)

36.0m

EV

297.3m
CECO Environmental's current market capitalization is $251.4 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

139.2m135.1m197.3m263.2m367.4m417.0m345.1m337.3m341.9m316.0m

Revenue growth, %

33%40%13%(17%)

Cost of goods sold

101.0m92.6m258.3m282.2m231.9m225.8m227.8m210.9m

Gross profit

38.2m42.4m109.2m134.9m113.2m111.5m114.1m105.1m
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, 2019FY, 2020

Cash

12.7m23.0m22.7m19.4m34.2m45.8m29.9m43.7m35.6m36.0m

Accounts Receivable

23.1m29.5m44.4m58.4m97.8m83.1m68.0m53.2m68.4m63.0m

Prepaid Expenses

2.7m2.2m13.6m10.8m10.1m9.9m11.5m

Inventories

4.3m3.9m6.7m9.0m9.1m21.5m21.0m20.8m20.6m17.3m
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, 2019FY, 2020

Net Income

8.3m10.9m6.6m13.1m(5.7m)(38.3m)(3.0m)(7.1m)17.7m8.2m

Depreciation and Amortization

1.4m1.3m6.6m11.3m16.5m18.9m16.1m13.3m10.6m9.9m

Inventories

(181.0k)458.0k1.7m2.0m(3.5m)9.4m887.0k(1.7m)(207.0k)4.4m

Accounts Payable

(3.7m)319.0k4.5m1.5m(8.6m)(6.6m)(15.8m)21.3m(4.0m)336.0k
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
Show all financial metrics

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

B

81/100

SecurityScorecard logo

CECO Environmental Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

CECO Environmental Online and Social Media Presence

Embed Graph

CECO Environmental Company Culture

  • Overall Culture

    D+

    63/100

  • CEO Rating

    F

    52/100

  • Compensation

    C+

    69/100

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CECO Environmental News and Updates

CECO Environmental to Present at the 16th Annual Needham Virtual Technology & Media Conference on May 18th

DALLAS, May 11, 2021 /PRNewswire/ -- CECO Environmental Corp. (Nasdaq: CECE) today announced that Todd Gleason, Chief Executive Officer, and Matthew Eckl, Chief Financial Officer, will present at the 16th Annual Needham Virtual Technology & Media Conference on Tuesday, May 18th at 2:15 PM...

CECO Environmental To Attend The 33rd Annual Virtual ROTH Conference On March 17, 2021

DALLAS, March 10, 2021 /PRNewswire/ -- CECO Environmental Corp. (Nasdaq: CECE), today announced that Todd Gleason, Chief Executive Officer, will participate in the Virtual 33rd Annual ROTH Conference and host investor meetings throughout the day on Wednesday, March 17th. The presentation...

CECO Environmental Schedules Fourth Quarter and Fiscal 2020 Financial Results Conference Call

DALLAS, Feb. 24, 2021 /PRNewswire/ -- CECO Environmental Corp. (Nasdaq: CECE) will host a conference call on Wednesday, March 3, 2021 at 8:30 AM Eastern Time (7:30 AM CT) to discuss the Company's fourth quarter and fiscal 2020 financial results. The Company's financial results will be...

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., A Portfolio Company Of CHIEF Capital, To Strategically Align For Growth And Efficiencies.

DALLAS, Aug. 4, 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 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...
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CECO Environmental Blogs

What is a mag-drive pump?

A mag-drive pump is a sealless centrifugal pump. It is essentially a chemical process pump that eliminates the need for shaft sealing that prevents any leakage normally associated with a conventional mechanically sealed pump.

Managing Corrosive Fluids in Difficult Environments

Many industries require fluid-handling management, with mission-critical applications specific to each type of fluid. The corrosive levels of an application may vary, but all require pumping equipment to manage them. Industries from wastewater desalination and petrochemical to scrubber and odor cont…

Candle Filter Mist Collector Systems and Custom Applications

Companies seeking to reduce emissions and opacity issues to create a safer environment in their industrial applications look for solutions like Fiber Bed (or Candle) mist collector systems as an answer. From machine shops with harmful oil mists to asphalt production plants and sulfuric acid plants t…

Choosing a Filter Aid

Oftentimes, when it comes to filtering a bath using horizontal discs, we stick with what we know. Some powdered activated carbon (PAC) and you are good to go, right? Not always. There are a multitude of different filter aids available in today’s market, and some styles are more suited to certain app…

Filtration in the Anodizing Line

No matter what you are anodizing or why you need to filter some of the baths. Primarily the cleaner, desmutter, and the anodizing bath itself. Depending on your process, the color and seal may also need filtering. We have to match the correct type of filter to the bath in order to maximize the effec…

CECO Environmental has the experience to help make Air, Volatile Organic Compound (VOC), and Odor Abatement Compliance more manageable.

Have you ever found yourself confused by where to start when it comes to air compliance? Navigating state, local and federal EPA regulations can be a daunting process, especially for new plants, adding a new process or increasing productivity of existing processes.
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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 $316 m.

  • What is CECO Environmental revenue per employee?

    Latest CECO Environmental revenue per employee is $380.7 k.

  • Who are CECO Environmental competitors?

    Competitors of CECO Environmental include KLINGER Holding, Nederman and Hamon.

  • 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, Anaheim, Atlanta, Cincinnati and in 17 other locations.

  • How many offices does CECO Environmental have?

    CECO Environmental has 25 offices.