CECO: Ceco Environmental Corp Financial Statements
Balance sheet, income statement, and cash flow statements for Ceco Environmental Corp (CECO).
$1.06B Market Cap.
CECO Market Cap. (MRY)
CECO Shares Outstanding (MRY)
CECO Assets (MRY)
Total Assets
$759.70M
Total Liabilities
$507.81M
Total Investments
$0
CECO Income (MRY)
Revenue
$557.93M
Net Income
$12.96M
Operating Expense
$160.74M
CECO Cash Flow (MRY)
CF Operations
$24.83M
CF Investing
-$105.31M
CF Financing
$65.91M
CECO Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $759,699,000 (26.56%) | $600,291,000 (18.94%) | $504,721,000 (21.27%) | $416,197,000 (-0.74%) |
Assets Current | $330,971,000 (17.60%) | $281,437,000 (16.94%) | $240,658,000 (27.32%) | $189,011,000 (3.01%) |
Assets Non-Current | $428,728,000 (34.46%) | $318,854,000 (20.75%) | $264,063,000 (16.23%) | $227,186,000 (-3.66%) |
Goodwill & Intangible Assets | $353,263,000 (30.18%) | $271,357,000 (19.04%) | $227,956,000 (15.92%) | $196,653,000 (-3.79%) |
Shareholders Equity | $247,689,000 (6.47%) | $232,643,000 (9.11%) | $213,224,000 (4.24%) | $204,554,000 (0.94%) |
Property Plant & Equipment Net | $58,912,000 (38.64%) | $42,493,000 (31.96%) | $32,201,000 (19.97%) | $26,841,000 (-2.76%) |
Cash & Equivalents | $38,201,000 (-31.10%) | $55,448,000 (19.03%) | $46,585,000 (45.60%) | $31,995,000 (-15.38%) |
Accumulated Other Comprehensive Income | -$14,441,000 (11.26%) | -$16,274,000 (9.57%) | -$17,996,000 (-49.10%) | -$12,070,000 (16.74%) |
Deferred Revenue | $81,501,000 (43.24%) | $56,899,000 (73.92%) | $32,716,000 (13.17%) | $28,908,000 (39.71%) |
Total Investments | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $42,624,000 (25.04%) | $34,089,000 (28.51%) | $26,526,000 (55.56%) | $17,052,000 (-1.68%) |
Trade & Non-Trade Receivables | $229,461,000 (27.97%) | $179,307,000 (16.36%) | $154,102,000 (21.90%) | $126,420,000 (16.47%) |
Trade & Non-Trade Payables | $109,671,000 (25.07%) | $87,691,000 (19.46%) | $73,407,000 (-12.69%) | $84,081,000 (-1.08%) |
Accumulated Retained Earnings (Deficit) | $6,570,000 (202.87%) | -$6,387,000 (66.90%) | -$19,298,000 (47.44%) | -$36,715,000 (3.74%) |
Tax Assets | $4,792,000 (324.82%) | $1,128,000 (-46.29%) | $2,100,000 (-36.15%) | $3,289,000 (-57.78%) |
Tax Liabilities | $13,934,000 (38.44%) | $10,065,000 (-15.23%) | $11,873,000 (20.14%) | $9,883,000 (31.55%) |
Total Debt | $240,810,000 (59.27%) | $151,200,000 (26.36%) | $119,657,000 (64.95%) | $72,542,000 (-11.45%) |
Debt Current | $3,350,000 (-74.21%) | $12,988,000 (262.89%) | $3,579,000 (62.46%) | $2,203,000 (-29.50%) |
Debt Non-Current | $237,460,000 (71.81%) | $138,212,000 (19.07%) | $116,078,000 (65.03%) | $70,339,000 (-10.74%) |
Total Liabilities | $507,806,000 (39.97%) | $362,800,000 (26.60%) | $286,573,000 (36.31%) | $210,240,000 (-2.53%) |
Liabilities Current | $244,662,000 (20.46%) | $203,106,000 (38.45%) | $146,700,000 (25.72%) | $116,685,000 (6.70%) |
Liabilities Non-Current | $263,144,000 (64.78%) | $159,694,000 (14.17%) | $139,873,000 (49.51%) | $93,555,000 (-12.03%) |
CECO Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $557,933,000 (2.40%) | $544,845,000 (28.92%) | $422,627,000 (30.38%) | $324,140,000 (2.57%) |
Cost of Revenue | $361,786,000 (-3.22%) | $373,829,000 (26.98%) | $294,402,000 (31.89%) | $223,218,000 (5.85%) |
Selling General & Administrative Expense | $146,698,000 (19.32%) | $122,944,000 (31.53%) | $93,473,000 (14.27%) | $81,797,000 (6.33%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $160,744,000 (17.81%) | $136,447,000 (28.65%) | $106,064,000 (16.47%) | $91,065,000 (-0.78%) |
Interest Expense | $13,020,000 (-2.95%) | $13,416,000 (147.57%) | $5,419,000 (83.57%) | $2,952,000 (-16.49%) |
Income Tax Expense | $3,270,000 (-53.45%) | $7,024,000 (29.45%) | $5,426,000 (101.64%) | $2,691,000 (-26.72%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $14,421,000 (-0.55%) | $14,501,000 (-20.60%) | $18,263,000 (820.98%) | $1,983,000 (-75.73%) |
Net Income to Non-Controlling Interests | $1,464,000 (-7.92%) | $1,590,000 (87.94%) | $846,000 (51.89%) | $557,000 (1528.21%) |
Net Income | $12,957,000 (0.36%) | $12,911,000 (-25.87%) | $17,417,000 (1121.39%) | $1,426,000 (-82.63%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $12,957,000 (0.36%) | $12,911,000 (-25.87%) | $17,417,000 (1121.39%) | $1,426,000 (-82.63%) |
Weighted Average Shares | $34,927,313 (0.76%) | $34,665,473 (-0.02%) | $34,672,007 (-1.91%) | $35,345,785 (0.16%) |
Weighted Average Shares Diluted | $36,381,910 (2.97%) | $35,334,090 (0.94%) | $35,005,159 (-1.66%) | $35,594,779 (0.21%) |
Earning Before Interest & Taxes (EBIT) | $29,247,000 (-12.31%) | $33,351,000 (18.01%) | $28,262,000 (299.80%) | $7,069,000 (-54.15%) |
Gross Profit | $196,147,000 (14.70%) | $171,016,000 (33.37%) | $128,225,000 (27.05%) | $100,922,000 (-4.00%) |
Operating Income | $35,403,000 (2.41%) | $34,569,000 (55.99%) | $22,161,000 (124.82%) | $9,857,000 (-26.14%) |
CECO Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$105,312,000 (-86.44%) | -$56,486,000 (-17.05%) | -$48,257,000 (-2216.71%) | -$2,083,000 (77.44%) |
Net Cash Flow from Financing | $65,910,000 (211.72%) | $21,144,000 (-44.61%) | $38,176,000 (345.41%) | -$15,556,000 (-517.72%) |
Net Cash Flow from Operations | $24,828,000 (-44.39%) | $44,647,000 (50.59%) | $29,649,000 (122.96%) | $13,298,000 (200.79%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$17,247,000 (-294.60%) | $8,863,000 (-39.25%) | $14,590,000 (350.86%) | -$5,816,000 (-781.83%) |
Net Cash Flow - Business Acquisitions and Disposals | -$87,948,000 (-82.84%) | -$48,102,000 (-7.13%) | -$44,900,000 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | -$17,364,000 (-107.11%) | -$8,384,000 (-149.75%) | -$3,357,000 (-61.16%) | -$2,083,000 (37.63%) |
Issuance (Repayment) of Debt Securities | $81,993,000 (226.56%) | $25,108,000 (-45.51%) | $46,080,000 (609.68%) | -$9,041,000 (-342.78%) |
Issuance (Purchase) of Equity Shares | -$5,000,000 (-448.43%) | $1,435,000 (122.60%) | -$6,349,000 (-32.71%) | -$4,784,000 (0%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | -$2,673,000 (-504.75%) | -$442,000 (91.12%) | -$4,978,000 (-237.49%) | -$1,475,000 (-175.91%) |
Share Based Compensation | $7,514,000 (65.76%) | $4,533,000 (16.38%) | $3,895,000 (16.79%) | $3,335,000 (89.70%) |
Depreciation Amortization & Accretion | $14,523,000 (16.12%) | $12,507,000 (17.83%) | $10,614,000 (7.72%) | $9,853,000 (-0.69%) |
CECO Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 35.20% (12.10%) | 31.40% (3.63%) | 30.30% (-2.57%) | 31.10% (-6.61%) |
Profit Margin | 2.30% (-4.17%) | 2.40% (-41.46%) | 4.10% (925.00%) | 0.40% (-84.62%) |
EBITDA Margin | 7.80% (-7.14%) | 8.40% (-8.70%) | 9.20% (76.92%) | 5.20% (-35.00%) |
Return on Average Equity (ROAE) | 5.40% (-6.90%) | 5.80% (-30.95%) | 8.40% (1100.00%) | 0.70% (-82.93%) |
Return on Average Assets (ROAA) | 2.00% (-9.09%) | 2.20% (-38.89%) | 3.60% (1100.00%) | 0.30% (-84.21%) |
Return on Sales (ROS) | 5.20% (-14.75%) | 6.10% (-8.96%) | 6.70% (204.55%) | 2.20% (-55.10%) |
Return on Invested Capital (ROIC) | 11.00% (-21.43%) | 14.00% (-6.04%) | 14.90% (204.08%) | 4.90% (-50.51%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | 81.7 (49.06%) | 54.81 (134.64%) | 23.36 (-85.00%) | 155.75 (414.69%) |
Price to Sales Ratio (P/S) | 1.89 (46.67%) | 1.29 (34.66%) | 0.96 (41.09%) | 0.68 (-12.61%) |
Price to Book Ratio (P/B) | 4.27 (40.66%) | 3.04 (61.69%) | 1.88 (72.04%) | 1.09 (-10.50%) |
Debt to Equity Ratio (D/E) | 2.05 (31.49%) | 1.56 (16.00%) | 1.34 (30.74%) | 1.03 (-3.38%) |
Earnings Per Share (EPS) | 0.37 (0.00%) | 0.37 (-26.00%) | 0.5 (1150.00%) | 0.04 (-82.61%) |
Sales Per Share (SPS) | 15.97 (1.64%) | 15.72 (28.94%) | 12.19 (32.91%) | 9.17 (2.41%) |
Free Cash Flow Per Share (FCFPS) | 0.21 (-79.54%) | 1.05 (37.99%) | 0.76 (139.12%) | 0.32 (922.58%) |
Book Value Per Share (BVPS) | 7.09 (5.68%) | 6.71 (9.12%) | 6.15 (6.27%) | 5.79 (0.77%) |
Tangible Assets Book Value Per Share (TABVPS) | 11.64 (22.64%) | 9.49 (18.88%) | 7.98 (28.51%) | 6.21 (1.99%) |
Enterprise Value Over EBIT (EV/EBIT) | 40 (66.67%) | 24 (41.18%) | 17 (-54.05%) | 37 (94.74%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 26.81 (51.90%) | 17.65 (41.73%) | 12.45 (-20.02%) | 15.57 (37.43%) |
Asset Turnover | 0.87 (-6.26%) | 0.93 (5.94%) | 0.88 (12.04%) | 0.78 (5.40%) |
Current Ratio | 1.35 (-2.38%) | 1.39 (-15.49%) | 1.64 (1.23%) | 1.62 (-3.46%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | $7,464,000 (-79.42%) | $36,263,000 (37.92%) | $26,292,000 (134.44%) | $11,215,000 (937.47%) |
Enterprise Value (EV) | $1,173,283,714 (44.98%) | $809,262,291 (67.18%) | $484,055,370 (83.74%) | $263,440,631 (-8.22%) |
Earnings Before Tax (EBT) | $16,227,000 (-18.60%) | $19,935,000 (-12.73%) | $22,843,000 (454.85%) | $4,117,000 (-65.35%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $43,770,000 (-4.55%) | $45,858,000 (17.96%) | $38,876,000 (129.74%) | $16,922,000 (-33.22%) |
Invested Capital | $364,383,000 (64.45%) | $221,580,000 (9.08%) | $203,137,000 (41.65%) | $143,406,000 (-4.19%) |
Working Capital | $86,309,000 (10.18%) | $78,331,000 (-16.63%) | $93,958,000 (29.91%) | $72,326,000 (-2.43%) |
Tangible Asset Value | $406,436,000 (23.56%) | $328,934,000 (18.85%) | $276,765,000 (26.06%) | $219,544,000 (2.15%) |
Market Capitalization | $1,057,415,714 (49.78%) | $705,998,291 (76.38%) | $400,279,370 (79.42%) | $223,090,631 (-9.72%) |
Average Equity | $238,877,000 (6.53%) | $224,229,750 (8.46%) | $206,741,500 (1.30%) | $204,084,500 (2.44%) |
Average Assets | $642,091,000 (9.27%) | $587,633,500 (21.72%) | $482,768,000 (16.38%) | $414,808,000 (-2.69%) |
Invested Capital Average | $264,742,750 (11.25%) | $237,975,000 (25.81%) | $189,157,750 (32.37%) | $142,896,000 (-8.26%) |
Shares | 34,979,018 (0.48%) | 34,812,539 (1.58%) | 34,270,494 (-4.30%) | 35,809,090 (0.86%) |
