Full-Time
Air pollution control and environmental solutions
No salary listed
Remote in USA
Remote
Some travel may be required.
Bachelor's
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CECO Environmental provides systems and services for air pollution control, energy recovery, and fluid handling. Its products help reduce emissions and improve air quality by capturing pollutants, filtering contaminants, and recovering energy in industrial processes. The company was founded in 1966 and became public in 1978, then grew through strategic acquisitions, including Met-Pro in 2013, to expand its filtration and fluid-handling capabilities. CECO differentiates itself with a broad portfolio of environmental technologies and a global footprint, backed by a commitment to sustainability and environmental stewardship. Its goal is to be a leading, full-spectrum provider of environmental solutions that help customers lower environmental impact and meet regulatory requirements worldwide.
Company Size
501-1,000
Company Stage
IPO
Headquarters
Cincinnati, Ohio
Founded
1966
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Dental Insurance
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401(k) Retirement Plan
Tuition Reimbursement
CECO Environmental reported record-breaking second quarter 2026 results, including record orders of $799 million and backlog exceeding $1.8 billion. The company generated revenue of $285 million and adjusted EBITDA of approximately $40 million. Revenue increased 54% year-over-year, driven by continued strong double-digit organic growth and the inclusion of one month of Thermon financial performance following its 1 June acquisition. Chairman and Chief Executive Officer Todd Gleason thanked Team CECO and new Thermon colleagues for delivering value to customers. The company held its earnings call on 10 August, with executives discussing quarterly performance, integration activities, and full-year outlook. The results mark what Gleason described as "a record-setting quarter across the board" for the environmental company.
CECO Environmental reported strong second-quarter results, beating analyst estimates across key metrics. Revenue reached $285 million, surpassing expectations of $278.9 million and representing 53.7% year-on-year growth. Adjusted earnings per share came in at $0.47, significantly above the $0.33 estimate. CEO Todd Gleason highlighted that backlog has grown for 12 consecutive quarters, with record orders and a sales pipeline exceeding $8.5 billion. The company attributed performance to robust demand in power generation, semiconductor, and industrial water markets, along with contributions from its recent Thermon acquisition. CECO raised its full-year revenue guidance to $1.34 billion at the midpoint, up 37.9% from the previous $970 million forecast. Adjusted EBITDA guidance of $212.5 million also exceeded analyst expectations of $208.2 million. Management cited strong order momentum, improving margins from higher-value projects, and cost synergies as key growth drivers.
CECO Environmental reported second-quarter revenue of $285 million, up 53.7% year-on-year and exceeding analyst expectations of $278.9 million. The environmental solutions provider posted adjusted earnings per share of $0.47, beating estimates by 41.6%. The company raised its full-year revenue guidance to $1.34 billion at the midpoint, up from $970 million previously. Adjusted EBITDA guidance increased to $212.5 million, above analyst estimates. CEO Todd Gleason attributed the performance to strong demand across power generation, semiconductor, and industrial water markets, alongside contributions from its recently acquired Thermon business. The company reported its 12th consecutive quarter of backlog growth, with a sales pipeline exceeding $8.5 billion. Management expects mid-teens adjusted EBITDA margins in the second half as Thermon integration benefits and cost synergies materialise fully.
CECO Environmental is set to announce its Q2 earnings results on Monday morning. Last quarter, the environmental solutions provider beat analysts' revenue expectations with $205.9 million in revenues, up 16.5% year on year. The company also exceeded EPS estimates and topped analysts' full-year revenue guidance expectations. For Q2, analysts expect CECO Environmental's revenue to grow 50.4% year on year, an improvement from the 34.8% increase recorded in the same quarter last year. Analysts have generally reconfirmed their estimates over the last 30 days. CECO Environmental's share price is down 12.7% over the past month, whilst the broader industrial and environmental services segment has seen share prices rise 7.9% on average. The company currently has an average analyst price target of $108, compared to its current share price of $72.63.
CECO Environmental Corp reported record second-quarter orders of $799 million, up 191% year-over-year, and a backlog of $1.8 billion, up 164%. Revenue increased 54% to $285 million, whilst adjusted EBITDA rose 73% to $40.2 million. Adjusted EBITDA margin expanded 150 basis points to 14.1%, marking the first quarter with mid-teen margins. The company's integration of Thermon is ahead of schedule, capturing $13 million of annualised EBITDA savings in the first 60 days. CECO raised its full-year 2026 revenue and adjusted EBITDA guidance, citing strong visibility from its record backlog and $8.5 billion pipeline. The leverage ratio stands at 2.7x, near the high end of the target range. CEO Todd Gleeson reported a steady cadence of opportunities across power, water, and industrial markets, expressing confidence in exceeding $2 billion in orders for the full year.