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CECO Environmental CECO · USD

Industrials · US listing · 🇺🇸 United States

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About CECO Environmental

From its filings with the US Securities and Exchange Commission

SEC filings

CECO Environmental is based in Addison, Texas and is incorporated in Delaware. Its shares trade on TXSE under the ticker CECO. The SEC classifies its business as industrial & commercial fans & blowers & air purifing equip. In the fiscal year to 31 December 2025, it reported revenue of $774.4m and net income of $50.1m. At that date it held total assets of $893.8m and shareholders' equity of $317.5m.

In its own words

CECO Environmental Corp. (“CECO”, “we”, “us”, “our” or the “Company”) is a leading environmentally focused, diversified industrial company, serving the broad landscape of industrial air, industrial water and energy transition markets globally by providing innovative technology and application expertise. We help companies grow their businesses with safe, clean, and more efficient solutions that help protect people, the environment, and industrial equipment. Our solutions improve air and water quality, optimize emissions management, and increase the energy and process efficiency for highly engineered applications in power generation, midstream and downstream hydrocarbon processing and transport, chemical processing, electric vehicle production, polysilicon fabrication, semiconductor and electronics production, battery production and recycling, specialty metals, aluminum and steel production, beverage can manufacturing, industrial and produced water and wastewater treatment, and a wide range of other industrial end markets.

Our customers include some of the largest natural gas processors, transmission and distribution companies, refineries, power generators, industrial manufacturing, engineering and construction companies, semiconductor manufacturers, compressor manufacturers, beverage can manufacturers, metals and minerals, and electric vehicle producers in the world.

Quoted from its 10-K, filed 2 Mar 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Industrials
Industry
Commercial Services & Supplies
Listed since
2 Dec 1980
Employees
1,540
Head office
5080 SPECTRUM DRIVE, ADDISON, TX, 75001
Incorporated in
DE
Classification
Industrial & Commercial Fans & Blowers & Air Purifing Equip
Filer status
Large accelerated filer

Leadership

Pay as last reported

  • Mr. Jason DezwirekIndependent Chairman of the Board, since 1994$302,001
  • Mr. Todd GleasonChief Executive Officer, Director, since 2020$3.1m
  • Mr. Peter JohanssonChief Financial and Strategy Officer, Senior Vice President$1.2m
  • Mr. Robert KnowlingIndependent Director$217,001
  • Mr. Claudio MannarinoIndependent Director$207,001
  • Mr. Munish NandaIndependent Director$207,001
  • Ms. Valerie SachsIndependent Director$217,001
  • Ms. Laurie SiegelIndependent Director$212,001
  • Mr. Richard WallmanIndependent Director$232,001

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
63
Environment
77
Social
62
Governance
51
Women in the workforce
17%
Carbon reduction policy
No
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • CECO Environmental Corp has several strengths that contribute to its success in the market. Firstly, the company has a strong reputation for providing high-quality environmental solutions, making it a trusted choice for customers. This reputation helps CECO Environmental Corp attract and retain clients, leading to a steady stream of revenue.
  • Additionally, CECO Environmental Corp possesses a diverse portfolio of products and services. This diversification allows the company to cater to various industries and markets, reducing the risk of dependency on a single sector. Moreover, this broad range of offerings enables CECO Environmental Corp to address different environmental concerns faced by its clients, enhancing customer satisfaction.

Weaknesses

  • Despite its strengths, CECO Environmental Corp also faces certain weaknesses that could impact its performance. One notable weakness is the company's relatively high dependence on government regulations. Changes in environmental regulations could affect the demand for CECO Environmental Corp's solutions, creating uncertainty and potential revenue fluctuations.
  • Furthermore, CECO Environmental Corp has a comparatively limited global presence. This limited reach puts the company at a disadvantage compared to competitors with more extensive international operations. Expanding into new markets could help reduce this weakness and unlock additional growth opportunities.

Opportunities

  • CECO Environmental Corp has several opportunities to capitalize on in the environmental solutions industry. Firstly, the growing awareness and concern for environmental issues worldwide provide a favorable market environment. This trend increases the demand for CECO Environmental Corp's offerings, allowing the company to expand its customer base and generate more revenue.
  • Additionally, the increasing focus on sustainability and the adoption of cleaner technologies open doors for CECO Environmental Corp to develop innovative solutions that align with these trends. By investing in research and development, the company can position itself as a leader in the development and implementation of environmentally friendly technologies.

Threats

  • CECO Environmental Corp also faces various threats that could hinder its growth and profitability. One significant threat is intense competition in the environmental solutions industry. The presence of several well-established competitors requires CECO Environmental Corp to continuously innovate and differentiate its offerings to maintain its market position.
  • Furthermore, economic downturns or recessions can negatively impact the company's business, as organizations might cut back on environmental spending during challenging financial times. CECO Environmental Corp needs to remain agile and adapt its strategies to mitigate the potential impact of economic fluctuations.

Sources and methodology

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