CECO Environmental Corp. (CECO)
NASDAQ: CECO · Real-Time Price · USD
70.04
-0.51 (-0.72%)
Sep 2, 2026, 9:36 AM EDT - Market open
CECO Environmental Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | -30.61 | 50.05 | 12.96 | 12.91 | 17.42 | 1.43 |
Depreciation & Amortization | 32.85 | 24.88 | 14.52 | 12.51 | 10.61 | 9.85 |
Other Amortization | 0.9 | 0.83 | 0.5 | 0.43 | 0.37 | 0.4 |
Loss (Gain) From Sale of Assets | 0.92 | -63.64 | 0.19 | 0.11 | 0.01 | -0.08 |
Asset Writedown & Restructuring Costs | 1.93 | - | - | - | - | - |
Stock-Based Compensation | 19.72 | 13.11 | 7.51 | 4.53 | 3.9 | 3.34 |
Provision & Write-off of Bad Debts | -3.82 | -0.99 | 0.3 | 1.59 | 1.34 | 0.69 |
Other Operating Activities | 25.37 | 1.66 | 1.71 | 1.83 | -1.57 | 2.8 |
Change in Accounts Receivable | -213.53 | -51.61 | -56.5 | -21.81 | -23.6 | -20.17 |
Change in Inventory | -4.16 | -3.18 | -9.81 | -6.9 | -6.02 | -0.2 |
Change in Accounts Payable | 36.33 | 7.22 | 36.18 | 13.85 | 19.84 | 0.81 |
Change in Unearned Revenue | 222.75 | 37.9 | 24.92 | 21.58 | 4.41 | 8.43 |
Change in Income Taxes | -9.3 | 2.01 | 1.43 | -1.98 | 1.42 | 1.05 |
Change in Other Net Operating Assets | -86.54 | -12.38 | -9.07 | 6 | 1.53 | 4.96 |
Operating Cash Flow | -7.2 | 5.86 | 24.83 | 44.65 | 29.65 | 13.3 |
Operating Cash Flow Growth | - | -76.39% | -44.39% | 50.59% | 122.96% | 200.79% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -14.4 | -11.34 | -17.37 | -8.38 | -3.38 | -2.62 |
Sale of Property, Plant & Equipment | 0.07 | 0.07 | 0 | - | 0.02 | 0.53 |
Cash Acquisitions | -436.87 | -97.62 | -87.95 | -48.1 | -44.9 | - |
Divestitures | 1.95 | 107.81 | - | - | - | - |
Investing Cash Flow | -449.25 | -1.08 | -105.31 | -56.49 | -48.26 | -2.08 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 233.3 | 309.3 | 181.6 | 86.2 | 51.4 |
Long-Term Debt Repaid | - | -241.34 | -227.31 | -156.49 | -40.12 | -60.44 |
Net Debt Issued (Repaid) | 495.94 | -8.04 | 81.99 | 25.11 | 46.08 | -9.04 |
Issuance of Common Stock | 0.87 | 0.87 | - | 1.44 | 0.67 | 0.23 |
Repurchase of Common Stock | -2.06 | - | -7.17 | - | -7.02 | -5.01 |
Other Financing Activities | -11.46 | -4.39 | -8.91 | -5.4 | -1.56 | -1.73 |
Financing Cash Flow | 483.3 | -11.56 | 65.91 | 21.14 | 38.18 | -15.56 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | 0.09 | 1.8 | -2.67 | -0.44 | -4.98 | -1.48 |
Miscellaneous Cash Flow Adjustments | 0 | 0 | - | - | - | - |
Net Cash Flow | 26.94 | -4.97 | -17.25 | 8.86 | 14.59 | -5.82 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | -21.6 | -5.48 | 7.46 | 36.26 | 26.27 | 10.68 |
Free Cash Flow Growth | - | - | -79.43% | 38.02% | 145.96% | 2144.12% |
Free Cash Flow Margin | -2.39% | -0.71% | 1.34% | 6.66% | 6.22% | 3.29% |
Free Cash Flow Per Share | -0.58 | -0.15 | 0.20 | 1.03 | 0.75 | 0.30 |
Levered Free Cash Flow | -162.92 | 27.2 | 7.04 | 40.33 | 17.29 | 13.17 |
Unlevered Free Cash Flow | -149.36 | 39.44 | 14.68 | 48.29 | 20.31 | 14.61 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 23.6 | 20.41 | 13.34 | 12.1 | 5.01 | 2.15 |
Cash Income Tax Paid | 20.6 | 24.73 | 9.55 | 9.92 | 5.38 | -2.57 |
Change in Working Capital | -54.45 | -20.04 | -12.86 | 10.74 | -2.43 | -5.13 |