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 operating margin
Operating margin is operating income as a percentage of revenue.
CECO Environmental's operating margin for the twelve months ending Sep 30, 2026 was -0.4%. For fiscal 2025 it was 13.7%, against 6.3% the year before. The highest annual figure on record is 13.7% in fiscal 2025.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 13.7% | +7.3 |
| FY2024 | Dec 31, 2024 | 6.3% | +0.0 |
| FY2023 | Dec 31, 2023 | 6.3% | +1.1 |
| FY2022 | Dec 31, 2022 | 5.2% | +2.2 |
| FY2021 | Dec 31, 2021 | 3.0% | −1.2 |
| FY2020 | Dec 31, 2020 | 4.2% | −1.0 |
| FY2019 | Dec 31, 2019 | 5.3% | +2.3 |
| FY2018 | Dec 31, 2018 | 3.0% | +0.6 |
| FY2017 | Dec 31, 2017 | 2.3% | +8.5 |
| FY2016 | Dec 31, 2016 | -6.1% | −7.5 |
| FY2015 | Dec 31, 2015 | 1.3% | −6.9 |
| FY2014 | Dec 31, 2014 | 8.2% | +4.7 |
| FY2013 | Dec 31, 2013 | 3.5% | −8.8 |
| FY2012 | Dec 31, 2012 | 12.4% | +3.5 |
| FY2011 | Dec 31, 2011 | 8.9% | +5.3 |
| FY2010 | Dec 31, 2010 | 3.6% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 2.6% | −2.2 |
| Q2 FY2026 | Jun 30, 2026 | -11.6% | −21.4 |
| Q1 FY2026 | Mar 31, 2026 | 0.9% | −34.1 |
| Q4 FY2025 | Dec 31, 2025 | 7.7% | +0.6 |
| Q3 FY2025 | Sep 30, 2025 | 4.8% | −0.5 |
| Q2 FY2025 | Jun 30, 2025 | 9.7% | +3.0 |
| Q1 FY2025 | Mar 31, 2025 | 35.0% | +28.9 |
| Q4 FY2024 | Dec 31, 2024 | 7.1% | −1.1 |
| Q3 FY2024 | Sep 30, 2024 | 5.3% | +0.0 |
| Q2 FY2024 | Jun 30, 2024 | 6.7% | +0.1 |
| Q1 FY2024 | Mar 31, 2024 | 6.1% | +1.2 |
| Q4 FY2023 | Dec 31, 2023 | 8.2% | +1.0 |
| Q3 FY2023 | Sep 30, 2023 | 5.3% | +2.7 |
| Q2 FY2023 | Jun 30, 2023 | 6.7% | +1.2 |
| Q1 FY2023 | Mar 31, 2023 | 4.9% | −0.8 |
| Q4 FY2022 | Dec 31, 2022 | 7.2% | +1.6 |
| Q3 FY2022 | Sep 30, 2022 | 2.6% | +3.3 |
| Q2 FY2022 | Jun 30, 2022 | 5.5% | +2.7 |
| Q1 FY2022 | Mar 31, 2022 | 5.6% | +1.4 |
| Q4 FY2021 | Dec 31, 2021 | 5.6% | +1.2 |
| Q3 FY2021 | Sep 30, 2021 | -0.7% | −2.1 |
| Q2 FY2021 | Jun 30, 2021 | 2.7% | −3.1 |
| Q1 FY2021 | Mar 31, 2021 | 4.2% | −1.0 |
| Q4 FY2020 | Dec 31, 2020 | 4.5% | −3.4 |
| Q3 FY2020 | Sep 30, 2020 | 1.3% | −3.4 |
| Q2 FY2020 | Jun 30, 2020 | 5.8% | +3.4 |
| Q1 FY2020 | Mar 31, 2020 | 5.3% | −0.4 |
| Q4 FY2019 | Dec 31, 2019 | 7.9% | +1.8 |
| Q3 FY2019 | Sep 30, 2019 | 4.8% | +16.6 |
| Q2 FY2019 | Jun 30, 2019 | 2.5% | −0.7 |
| Q1 FY2019 | Mar 31, 2019 | 5.7% | −10.7 |
| Q4 FY2018 | Dec 31, 2018 | 6.1% | +17.3 |
| Q3 FY2018 | Sep 30, 2018 | -11.8% | −18.5 |
| Q2 FY2018 | Jun 30, 2018 | 3.2% | −6.7 |
| Q1 FY2018 | Mar 31, 2018 | 16.4% | +14.9 |
| Q4 FY2017 | Dec 31, 2017 | -11.2% | +39.3 |
| Q3 FY2017 | Sep 30, 2017 | 6.6% | – |
| Q2 FY2017 | Jun 30, 2017 | 9.9% | – |
| Q1 FY2017 | Mar 31, 2017 | 1.5% | – |
| Q4 FY2016 | Dec 31, 2016 | -50.4% | – |
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