CECO (CECO Environmental) EBIT: $43.0 Mil (TTM As of Mar. 2026)


CECO CECO Environmental Corp CECO
77 GF Score
Price $95.43
GF Value $42.79
Valuation Significantly Overvalued
! 5 Warning Signs
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What is CECO Environmental EBIT?

CECO Environmental CECO -1.33% 77 EBIT is $43.0 Mil as of Mar. 2026. GuruFocus rates CECO with a GF Score™ of 77/100 and a GF Value™ of $42.79 (Significantly Overvalued). The stock has 5 warning signs investors should review.

CECO Environmental's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $0.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $43.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CECO Environmental's annualized ROC % for the quarter that ended in Mar. 2026 was 0.43%. CECO Environmental's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 2.52%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. CECO Environmental's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 0.74%.

CECO Environmental  (NAS:CECO) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

CECO Environmental's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=48.62 * ( 1 - 93.38% )/( (716.954 + 796.89)/ 2 )
=3.218644/756.922
=0.43 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=893.769 - 143.671 - ( 33.144 - max(0, 305.83 - 410.182+33.144))
=716.954

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1027.375 - 185.074 - ( 45.411 - max(0, 405.793 - 539.233+45.411))
=796.89

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

CECO Environmental's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1.932/( ( (76.059 + max(-38.919, 0)) + (77.273 + max(-9.627, 0)) )/ 2 )
=1.932/( ( 76.059 + 77.273 )/ 2 )
=1.932/76.666
=2.52 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(171.875 + 53.996 + 34.519) - (143.671 + 139.041 + 16.597)
=-38.919

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(274.234 + 60.175 + 51.399) - (185.074 + 198.759 + 11.602)
=-9.627

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

CECO Environmental's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=42.965/5812.613
=0.74 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

CECO Environmental EBIT Related Terms

CECO Environmental EBIT Historical Data

* Premium members only.

The historical data trend for CECO Environmental's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

CECO Environmental EBIT Chart

CECO Environmental Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.63 29.11 34.94 30.71 103.76

CECO Environmental Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 61.28 19.52 7.34 15.62 0.48

CECO vs PCT, ERII, ARQ: EBIT Comparison

For the Pollution & Treatment Controls subindustry, CECO Environmental's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

CECO Environmental EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, CECO Environmental's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where CECO Environmental's EV-to-EBIT falls into.


CECO
77GF Score
CECO Environmental Corp CECO
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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CECO Environmental EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $43.0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $43.0 Mil mean?
CECO Environmental (CECO) has a EBIT of $43.0 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on CECO Environmental.
Is CECO Environmental's EBIT too high?
CECO Environmental's current EBIT is $43.0 Mil. Overall, CECO Environmental has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CECO Environmental's EBIT compare to PCT and ERII?
CECO Environmental's EBIT of $43.0 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Industrial Products company?
A good EBIT depends on the Industrial Products industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on CECO Environmental. CECO Environmental's current EBIT is $43.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CECO Environmental stock overvalued right now?
Based on GuruFocus' analysis, CECO Environmental (CECO) is currently considered Significantly Overvalued. The stock's GF Value™ is $42.79, compared to a current price of $95.43 — trading 123% above its estimated fair value. The current EBIT is $43.0 Mil. CECO Environmental's overall GF Score™ is 77/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For CECO Environmental (CECO), the current EBIT is $43.0 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is CECO Environmental (CECO) Overvalued in 2026?

Based on GuruFocus' analysis, CECO Environmental stock appears to be overvalued. The current stock price of $95.43 is trading 123% above its estimated GF Value™ of $42.79. GuruFocus considers CECO Environmental to be Significantly Overvalued.

Key valuation signals for CECO:

  • EBIT: $43.0 Mil
  • GF Value™: $42.79 vs. price of $95.43 (123% above fair value)
  • GF Score™: 77/100 with 5 warning signs

No single metric tells the full story. See the CECO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

CECO Environmental Business Description

Other Exchanges WCE:Germany
Address 5080 Spectrum Drive, Suite 800E, Addison, TX, USA, 75001
CECO Environmental Corp is an industrial company, serving industrial air, industrial water, and energy transition markets. It offers various engineered and configured products and solutions, including dampers and diverters, selective catalytic reduction systems, severe-service and industrial cyclones, dust collectors, thermal oxidizers, filtration systems, wet and dry scrubbers, water treatment packages, industrial silencers, etc. These products are offered through brands like Western Airducts, WK, Wakefield Acoustics, Transcend, Verantis, and others. The company's reportable segments are: Engineered Systems, which derive maximum revenue, and Industrial Process Solutions. Geographically, it derives key revenue from the U.S., followed by the Netherlands, the UK, China, and other markets.
77GF Score

Get the complete analysis for CECO

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$95.43
Price
$42.79
GF Value