CECO ENVIRONMENTAL CORP (CECO) FY2025 10-K Annual Report

Filed: Mar 2, 2026
Industrials
Industrial & Commercial Fans & Blowers & Air Purifing EquipSEC EDGAR

CECO ENVIRONMENTAL CORP (CECO) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Mar 2, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

CECO ENVIRONMENTAL CORP FY2025 10-K Analysis

Business Overview

  • Core business model: Environmental technology solutions focused on industrial air pollution control
  • New strategic emphasis: Agreement and Plan of Merger with Thermon dated February 23, 2026
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Risk Factors

  • Asbestos-containing product litigation linked to former Dean Pump division risks financial impact, despite divestiture and vigorous legal defense by insurers
  • 34% revenue exposure to currency fluctuations from foreign sales, potentially reducing profits or increasing costs due to exchange rate movements
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CECO ENVIRONMENTAL CORP FY2025 Key Financial Metrics
XBRL

Revenue

$774M

+38.8% YoY

Net Income

$50M

+286.3% YoY

Gross Margin

34.8%

-39bp YoY

Operating Margin

13.7%

+732bp YoY

Net Margin

6.5%

+414bp YoY

ROE

15.8%

+1053bp YoY

Total Assets

$894M

+17.6% YoY

EPS (Diluted)

$1.37

+280.6% YoY

Operating Cash Flow

$6M

-76.4% YoY

Source: XBRL data from CECO ENVIRONMENTAL CORP FY2025 10-K filing on SEC EDGAR. All figures in USD.

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