CECO Environmental Corp. (CECO)

CECO Environmental Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	33.14	37.83	54.78	45.52	29.9
Cash & Short-Term Investments	33.14	37.83	54.78	45.52	29.9
Cash Growth	-12.39%	-30.94%	20.34%	52.24%	-16.92%
Receivables	288.52	229.46	179.31	154.1	126.42
Inventory	54	42.62	34.09	26.53	17.05
Prepaid Expenses	29.45	16.86	11.77	12.17	10.76
Restricted Cash	0.08	0.37	0.67	1.06	2.09
Other Current Assets	4.99	3.83	0.82	1.27	2.78
Total Current Assets	410.18	330.97	281.44	240.66	189.01
Property, Plant & Equipment	76.06	58.91	42.49	32.2	26.84
Goodwill	288.16	269.75	211.33	183.2	161.18
Other Intangible Assets	106.67	83.52	60.03	44.76	35.47
Long-Term Deferred Tax Assets	0.45	0.97	0.3	0.83	0.51
Long-Term Deferred Charges	12.25	15.59	4.7	3.08	3.19
Total Assets	893.77	759.7	600.29	504.72	416.2
Accounts Payable	117.85	109.67	87.69	73.41	56.24
Accrued Expenses	57.64	28.22	26.35	21.71	17.35
Short-Term Debt	-	1.7	2.5	-	-
Current Portion of Long-Term Debt	1.88	1.65	10.49	3.58	2.2
Current Portion of Leases	-	5.01	4.97	3.87	3.01
Current Income Taxes Payable	4.74	2.61	1.23	3.21	1.49
Current Unearned Revenue	123.73	91.25	64.77	37.23	33.31
Other Current Liabilities	-	4.56	5.11	3.69	3.07
Total Current Liabilities	305.83	244.66	203.11	146.7	116.69
Long-Term Debt	210.56	217.23	126.8	107.63	61.58
Long-Term Leases	22.96	24.33	16.26	13.99	14.95
Pension & Post-Retirement Benefits	-	0.5	4.1	5.5	5.6
Long-Term Deferred Tax Liabilities	27.92	11.32	8.84	8.67	8.39
Other Long-Term Liabilities	3.32	9.76	3.7	4.09	3.04
Total Liabilities	570.59	507.81	362.8	286.57	210.24
Common Stock	0.36	0.35	0.35	0.34	0.35
Additional Paid-In Capital	269.45	255.21	254.96	250.17	252.99
Retained Earnings	56.62	6.57	-6.39	-19.3	-36.72
Comprehensive Income & Other	-8.9	-14.44	-16.27	-18	-12.07
Total Common Equity	317.53	247.69	232.64	213.22	204.55
Minority Interest	5.65	4.2	4.85	4.92	1.4
Shareholders' Equity	323.18	251.89	237.49	218.15	205.96
Total Liabilities & Equity	893.77	759.7	600.29	504.72	416.2
Total Debt	235.4	249.92	161.02	129.07	81.74
Net Cash (Debt)	-202.26	-212.08	-106.24	-83.55	-51.84
Net Cash Per Share	-5.53	-5.83	-3.01	-2.39	-1.46
Filing Date Shares Outstanding	35.64	34.99	34.85	34.42	35.05
Total Common Shares Outstanding	35.64	34.98	34.84	34.38	35.03
Working Capital	104.35	86.31	78.33	93.96	72.33
Book Value Per Share	8.91	7.08	6.68	6.20	5.84
Tangible Book Value	-77.31	-105.57	-38.71	-14.73	7.9
Tangible Book Value Per Share	-2.17	-3.02	-1.11	-0.43	0.23
Buildings	-	17.79	12.28	11.99	7.52
Machinery	-	57.2	33.36	33.52	29.31
Order Backlog	793.1	540.9	370.9	-	-

Updated Feb 24, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q