CECO Environmental Corp. (WCE)
XDUS 
Summary
WCE Chart
Is CECO Environmental (CECO) Stock Outpacing Its Industrial Products Peers This Year?
Here is how CECO Environmental (CECO) and Helios Technologies (HLIO) have performed compared to their sector so far this year.
CECO Environmental Delivers As Promised, Remains A 'Strong Buy'
CECO Environmental is reaffirmed as a 'Strong Buy' with a raised price target of $95, driven by transformative growth and the Thermon merger. Q2 results delivered 54% YOY revenue growth, 73% adjusted EBITDA growth, and a 164% increase in backlog, far exceeding prior synergy expectations. CECO's expanded portfolio addresses secular tailwinds in AI data centers, electrification, and industrial reshoring, supporting ongoing double-digit top-line growth.
CECO Environmental Corp. (CECO) Q2 2026 Earnings Call Transcript
CECO Environmental Corp. (CECO) Q2 2026 Earnings Call Transcript
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CECO Environmental Corp. Profile
| Construction & Engineering Industry | Industrials Sector | Todd R. Gleason CEO | XDUS Exchange | US1251411013 ISIN |
| US Country | 1,540 Employees | - Last Dividend | 29 Sep 1992 Last Split | - IPO Date |
Overview
CECO Environmental Corp. is a global leader in providing critical solutions geared towards industrial air quality, industrial water treatment, and energy transition. It extends its services across the globe, operating under two primary segments: Engineered Systems and Industrial Process Solutions. CECO offers a comprehensive array of services including engineering, design, manufacturing, and installation of various systems aimed at improving environmental conditions. Established in 1869 and rooted in Dallas, Texas, the company has burgeoned into a pivotal player in the environmental solutions sector, catering to a diverse clientele that spans natural gas processors, refineries, industrial manufacturers, and even electric vehicle producers.
Products and Services
- Expansion Joints and Flow Control Products:
CECO manufactures and installs non-metallic expansion joints, rubber expansion joints, ducting expansion joints, industrial pinch, and duck bill valves, offering flexible solutions for thermal expansion, vibration, and pressure pulsation in piping systems.
- Water and Wastewater Treatment Systems:
The company provides membrane-based industrial water and wastewater treatment systems, ensuring efficient water management and pollution control for industrial applications.
- Dust and Fume Extraction Solutions:
CECO offers solutions ranging from consultation and design to manufacturing, installation, and service for dust and fume extraction, addressing air quality concerns in industrial environments.
- Engineered and Configured Products:
Products include dampers and diverters, severe-service and industrial cyclones, dust collectors, thermal oxidizers, filtration systems, wet and dry scrubbers, and more, designed to meet specific industrial needs for air pollution control and process optimization.
- Water Treatment Packages and Pumps:
The company offers comprehensive water treatment solutions and a variety of pumps, covering metallic and non-metallic options for diverse industrial requirements.
- Industrial Noise Control Solutions:
CECO provides custom acoustical gen-set packages, ambient air baffles, acoustical louvres, and skid enclosures aimed at managing and reducing industrial noise levels.
- Process Filtration Solutions:
Targeting hydrocarbon and chemical processing industries, these solutions are designed to improve process efficiency and product purity.
- Energy and Water Conservation Systems:
The company markets advanced systems and equipment for conserving energy and water, essential for sustainable industrial processes.
