CECO Environmental Corp. (CECO)

CECO Environmental Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	16.42	53.11	14.42	14.52	18.26	1.98
Depreciation & Amortization	25.87	24.88	14.5	12.51	10.61	9.85
Stock-Based Compensation	10.19	13.11	7.51	4.53	3.9	3.34
Other Adjustments	-32.45	-65.19	1.23	2.37	-0.7	3.26
Change in Receivables	-126.12	-6.77	-52.36	-26.85	-6.75	-13.17
Changes in Inventories	-7.61	-3.18	-9.81	-6.9	-6.02	-0.2
Changes in Accounts Payable	30.5	7.22	36.18	13.85	19.84	0.81
Changes in Accrued Expenses	17.58	13.76	7.12	8.34	2.69	-0.37
Changes in Income Taxes Payable	-12.52	2.01	1.43	-1.98	1.42	1.05
Changes in Unearned Revenue	92.64	37.9	24.92	21.58	4.41	8.43
Changes in Other Operating Activities	-32.92	-70.98	-20.34	2.7	-18.02	-1.68
Operating Cash Flow	4.46	5.86	24.83	44.65	29.65	13.3
Operating Cash Flow Growth	-62.57%	-76.39%	-44.39%	50.59%	122.96%	200.79%
Capital Expenditures	-10.55	-11.34	-17.37	-8.38	-3.38	-2.62
Sale of Property, Plant & Equipment	-	0.07	-	0	0.02	0.53
Payments for Business Acquisitions	-55.42	-97.62	-87.95	-48.1	-44.9	-
Proceeds from Business Divestments	54.88	107.81	-	-	-	-
Investing Cash Flow	-15.11	-1.08	-105.31	-56.49	-48.26	-2.08
Short-Term Debt Issued	142.9	233.3	309.3	106.6	75.2	51.4
Short-Term Debt Repaid	-225.8	-238.9	-112.4	-150.6	-35.9	-57.1
Net Short-Term Debt Issued (Repaid)	-82.9	-5.6	196.9	-44	39.3	-5.7
Long-Term Debt Issued	-	-	-	75	11	-
Long-Term Debt Repaid	-2.22	-2.2	-113.98	-4.99	-3.62	-2.74
Net Long-Term Debt Issued (Repaid)	-2.22	-2.2	-113.98	70.02	7.38	-2.74
Issuance of Common Stock	-	-	-	-	-	0.23
Repurchase of Common Stock	-6.31	-3.84	-3.57	-1.61	-1.43	-5.01
Net Common Stock Issued (Repurchased)	-6.31	-3.84	-3.57	-1.61	-1.43	-4.78
Other Financing Activities	-7.18	-5.85	-9.13	-1.65	-7.08	-2.33
Financing Cash Flow	-92.67	-11.56	65.91	21.14	38.18	-15.56
Effect of Exchange Rate Changes on Cash and Cash Equivalents	2.16	1.8	-2.67	-0.44	-4.98	-1.48
Net Cash Flow	-101.17	-4.97	-17.25	8.86	14.59	-5.82
Free Cash Flow	-6.09	-5.48	7.46	36.26	26.27	10.68
Free Cash Flow Growth	-	-	-79.43%	38.02%	145.96%	2144.12%
FCF Margin	-0.76%	-0.71%	1.34%	6.66%	6.22%	3.30%
Free Cash Flow Per Share	-0.17	-0.15	0.21	1.03	0.75	0.30
Levered Free Cash Flow	31.54	42.52	132.5	80.64	75.66	8.26
Unlevered Free Cash Flow	134.31	68.13	65.49	65	28.65	19.46

Updated Apr 30, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q