CECO · Ceco Environmental Corp
Price & Indicators
Up next
AI Brief
TL;DR.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Ask ALVIS about this →Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders BuyIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted EBITDA non-GAAP | $40.2M | Q2 2026 | — |
|
|
|||
GAAP → non-GAAP reconciliationGAAP Non-GAAP net income 21.5M
+4.2M Depreciation
+3.8M Non-cash stock compensation
+0.3M Other (income) / expense
+9.1M Interest expense
+0.9M Income tax expense
+0.3M Noncontrolling interest
= Adjusted EBITDA 40.2M
|
|||
| Adjusted EBITDA margin non-GAAP | 14.1% | Q2 2026 | — |
|
|
|||
| Adjusted free cash flow non-GAAP | $53.2M | Q2 2026 | — |
GAAP → non-GAAP reconciliationGAAP Net cash provided by (used in) operating activities, as adjusted 58.1M
-4.9M Acquisitions of property and equipment
= Adjusted Free Cash Flow 53.2M
|
|||
| Backlog | $1.82B | Q2 2026 | — |
|
|
|||
| Engineered Systems segment organic growth | 173.8% | the three months ended June 30, 2026 filing | — |
| Free cash flow | -$24.3M | Q2 2026 | — |
|
|
|||
GAAP → non-GAAP reconciliationGAAP Net cash provided by (used in) operating activities -19.4M
-4.9M Acquisitions of property and equipment
= Free Cash Flow -24.3M
|
|||
| Industrial Process Solutions segment organic growth | 157% | the three months ended June 30, 2026 filing | — |
| Non-GAAP gross margin non-GAAP | 33.7% | Q2 2026 | — |
| Non-GAAP gross profit non-GAAP | $96M | Q2 2026 | — |
GAAP → non-GAAP reconciliationGAAP Gross profit as reported in accordance with GAAP 86.5M
+9.5M Inventory valuation adjustment
= Non-GAAP gross profit 96M
|
|||
| Non-GAAP net income non-GAAP | $21.5M | Q2 2026 | — |
|
|
|||
GAAP → non-GAAP reconciliationGAAP Net (loss) income as reported in accordance with GAAP -34.8M
+7.8M Amortization expense
+45.5M Acquisition and integration expenses
+12M Other expense (income)
+2M Foreign currency remeasurement
-11M Tax (benefit) expense of adjustments
= Non-GAAP net income 21.5M
|
|||
| Non-GAAP operating income non-GAAP | $32.1M | the three months ended June 30, 2026 filing | — |
GAAP → non-GAAP reconciliationGAAP Operating (loss) income as reported in accordance with GAAP -33.2M
+7.8M Amortization expense
+45.5M Acquisition and integration expense
+0M Gain on sale of Global Pump Solutions business
+12M Other expense (income)
= Non-GAAP operating income 32.1M
|
|||
| Non-GAAP operating margin non-GAAP | 11.3% | the three months ended June 30, 2026 filing | — |
| Orders | $798.5M | Q2 2026 | — |
|
|
|||
| Organic growth | 185% | the three months ended June 30, 2026 filing | — |
| Organic revenue growth non-GAAP | 44% | the three months ended June 30, 2026 filing | — |
| Gross margin | 34.8% | Full Year 2025 | — |
| Sales pipeline | 6.5B | Full Year 2025 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Pollution & Treatment Controls — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
CECO
this stock
Ceco Environmental Corp
|
$4.48B | +27.9% | +38.8% | — | 3.0% |
|
VLTO
Veralto Corp
|
$23.59B | -3.7% | +6.0% | 24.8 | 2.4% |
|
ZWS
Zurn Elkay Water Solutions Corp
|
$8.21B | +5.9% | +19.4% | 39.7 | 2.8% |
|
PCT
PureCycle Technologies, Inc.
|
$1.41B | -19.9% | — | — | 28.4% |
|
ADUR
Aduro Clean Technologies Inc.
|
$553.98M | +50.9% | — | — | 8.1% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| CECO | +3.5% | -6.8% | +18.1% | +16.2% | +27.9% |
| SPY | -0.4% | +2.6% | +10.7% | +2.7% | +12.5% |
| vs SPY | +3.9% | -9.3% | +7.4% | +13.5% | +15.4% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.