CECO Environmental Corp (CECO) stock
CECOTXSEIndustrial & Commercial Fans & Blowers & Air Purifing EquipFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 9, 2026Score 10/301388% above fair value
$56.00+2.50 (+4.67%)
Close on Nov 12, 2026Market cap $3.28BP/E –Yield –
CECO Environmental gross margin
Gross margin is gross profit as a percentage of revenue.
CECO Environmental's gross margin for the twelve months ending Sep 30, 2026 was 32.1%. For fiscal 2025 it was 34.8%, against 35.2% the year before. The highest annual figure on record is 35.2% in fiscal 2024.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 34.8% | −0.4 |
| FY2024 | Dec 31, 2024 | 35.2% | +3.8 |
| FY2023 | Dec 31, 2023 | 31.4% | +1.0 |
| FY2022 | Dec 31, 2022 | 30.3% | −0.8 |
| FY2021 | Dec 31, 2021 | 31.1% | −2.1 |
| FY2020 | Dec 31, 2020 | 33.3% | −0.1 |
| FY2019 | Dec 31, 2019 | 33.4% | +0.3 |
| FY2018 | Dec 31, 2018 | 33.1% | +0.3 |
| FY2017 | Dec 31, 2017 | 32.8% | +0.5 |
| FY2016 | Dec 31, 2016 | 32.3% | +2.6 |
| FY2015 | Dec 31, 2015 | 29.7% | −2.5 |
| FY2014 | Dec 31, 2014 | 32.2% | +1.0 |
| FY2013 | Dec 31, 2013 | 31.2% | −0.2 |
| FY2012 | Dec 31, 2012 | 31.4% | +4.0 |
| FY2011 | Dec 31, 2011 | 27.4% | +4.2 |
| FY2010 | Dec 31, 2010 | 23.2% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 32.2% | −0.5 |
| Q2 FY2026 | Jun 30, 2026 | 30.3% | −5.9 |
| Q1 FY2026 | Mar 31, 2026 | 31.0% | −4.1 |
| Q4 FY2025 | Dec 31, 2025 | 35.1% | −0.6 |
| Q3 FY2025 | Sep 30, 2025 | 32.7% | −0.7 |
| Q2 FY2025 | Jun 30, 2025 | 36.2% | +0.5 |
| Q1 FY2025 | Mar 31, 2025 | 35.2% | −0.5 |
| Q4 FY2024 | Dec 31, 2024 | 35.8% | +1.2 |
| Q3 FY2024 | Sep 30, 2024 | 33.4% | +4.5 |
| Q2 FY2024 | Jun 30, 2024 | 35.7% | +4.8 |
| Q1 FY2024 | Mar 31, 2024 | 35.7% | +4.7 |
| Q4 FY2023 | Dec 31, 2023 | 34.6% | +2.2 |
| Q3 FY2023 | Sep 30, 2023 | 28.9% | −1.0 |
| Q2 FY2023 | Jun 30, 2023 | 30.8% | +0.8 |
| Q1 FY2023 | Mar 31, 2023 | 31.0% | +2.4 |
| Q4 FY2022 | Dec 31, 2022 | 32.4% | +1.9 |
| Q3 FY2022 | Sep 30, 2022 | 29.9% | +1.5 |
| Q2 FY2022 | Jun 30, 2022 | 30.1% | −2.0 |
| Q1 FY2022 | Mar 31, 2022 | 28.6% | −5.4 |
| Q4 FY2021 | Dec 31, 2021 | 30.5% | −1.1 |
| Q3 FY2021 | Sep 30, 2021 | 28.4% | −3.6 |
| Q2 FY2021 | Jun 30, 2021 | 32.1% | −2.2 |
| Q1 FY2021 | Mar 31, 2021 | 33.9% | −1.2 |
| Q4 FY2020 | Dec 31, 2020 | 31.6% | −2.0 |
| Q3 FY2020 | Sep 30, 2020 | 32.0% | −1.7 |
| Q2 FY2020 | Jun 30, 2020 | 34.3% | +1.3 |
| Q1 FY2020 | Mar 31, 2020 | 35.1% | +2.1 |
| Q4 FY2019 | Dec 31, 2019 | 33.6% | +1.9 |
| Q3 FY2019 | Sep 30, 2019 | 33.7% | +1.3 |
| Q2 FY2019 | Jun 30, 2019 | 33.1% | −0.9 |
| Q1 FY2019 | Mar 31, 2019 | 33.1% | −1.4 |
| Q4 FY2018 | Dec 31, 2018 | 31.7% | −3.1 |
| Q3 FY2018 | Sep 30, 2018 | 32.5% | +0.6 |
| Q2 FY2018 | Jun 30, 2018 | 33.9% | +3.6 |
| Q1 FY2018 | Mar 31, 2018 | 34.5% | +0.0 |
| Q4 FY2017 | Dec 31, 2017 | 34.9% | −0.8 |
| Q3 FY2017 | Sep 30, 2017 | 31.9% | – |
| Q2 FY2017 | Jun 30, 2017 | 30.3% | – |
| Q1 FY2017 | Mar 31, 2017 | 34.5% | – |
| Q4 FY2016 | Dec 31, 2016 | 35.7% | – |
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