CECO Environmental Corp
NASDAQ:CECO
Income Statement
Earnings Waterfall
CECO Environmental Corp
Revenue
|
557.9m
USD
|
Cost of Revenue
|
-360.7m
USD
|
Gross Profit
|
197.2m
USD
|
Operating Expenses
|
-155.8m
USD
|
Operating Income
|
41.5m
USD
|
Other Expenses
|
-28.5m
USD
|
Net Income
|
13m
USD
|
Income Statement
CECO Environmental Corp
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
263
N/A
|
287
+9%
|
307
+7%
|
342
+11%
|
367
+7%
|
390
+6%
|
415
+6%
|
418
+1%
|
417
0%
|
407
-2%
|
388
-5%
|
372
-4%
|
345
-7%
|
327
-5%
|
314
-4%
|
317
+1%
|
337
+6%
|
349
+4%
|
349
+0%
|
346
-1%
|
342
-1%
|
336
-2%
|
330
-2%
|
323
-2%
|
316
-2%
|
307
-3%
|
311
+1%
|
314
+1%
|
324
+3%
|
345
+6%
|
371
+8%
|
400
+8%
|
423
+6%
|
443
+5%
|
467
+5%
|
508
+9%
|
545
+7%
|
559
+3%
|
567
+1%
|
553
-2%
|
558
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(178)
|
(201)
|
(216)
|
(241)
|
(258)
|
(270)
|
(288)
|
(288)
|
(282)
|
(271)
|
(258)
|
(248)
|
(232)
|
(220)
|
(208)
|
(210)
|
(226)
|
(235)
|
(235)
|
(232)
|
(228)
|
(222)
|
(217)
|
(213)
|
(210)
|
(206)
|
(210)
|
(215)
|
(223)
|
(242)
|
(262)
|
(281)
|
(294)
|
(306)
|
(321)
|
(352)
|
(373)
|
(376)
|
(375)
|
(359)
|
(361)
|
|
Gross Profit |
85
N/A
|
86
+2%
|
91
+6%
|
101
+11%
|
110
+9%
|
120
+9%
|
127
+6%
|
130
+2%
|
135
+4%
|
135
+0%
|
130
-4%
|
123
-5%
|
113
-8%
|
107
-6%
|
106
-1%
|
107
+2%
|
112
+4%
|
114
+3%
|
114
0%
|
114
+0%
|
114
+0%
|
114
0%
|
113
-1%
|
109
-3%
|
106
-3%
|
102
-4%
|
101
-1%
|
99
-2%
|
101
+2%
|
103
+2%
|
110
+6%
|
119
+9%
|
128
+8%
|
137
+7%
|
145
+6%
|
156
+7%
|
172
+10%
|
183
+6%
|
192
+5%
|
194
+1%
|
197
+2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(61)
|
(64)
|
(68)
|
(74)
|
(79)
|
(88)
|
(94)
|
(95)
|
(96)
|
(97)
|
(97)
|
(99)
|
(100)
|
(98)
|
(99)
|
(98)
|
(97)
|
(96)
|
(96)
|
(96)
|
(95)
|
(95)
|
(90)
|
(89)
|
(87)
|
(85)
|
(87)
|
(88)
|
(89)
|
(88)
|
(90)
|
(96)
|
(102)
|
(110)
|
(117)
|
(122)
|
(131)
|
(141)
|
(148)
|
(152)
|
(156)
|
|
Selling, General & Administrative |
(51)
|
(53)
|
(56)
|
(61)
|
(67)
|
(75)
|
(80)
|
(82)
|
(82)
|
(84)
|
(85)
|
(88)
|
(89)
|
(87)
|
(88)
|
(88)
|
(88)
|
(87)
|
(87)
|
(87)
|
(86)
|
(87)
|
(83)
|
(80)
|
(77)
|
(75)
|
(77)
|
(79)
|
(82)
|
(81)
|
(84)
|
(88)
|
(94)
|
(102)
|
(108)
|
(113)
|
(123)
|
(131)
|
(139)
|
(142)
|
(147)
|
|
Depreciation & Amortization |
(9)
|
(10)
|
(11)
|
(13)
|
(12)
|
(13)
|
(13)
|
(13)
|
(14)
|
(13)
|
(12)
|
(12)
|
(12)
|
(11)
|
(11)
|
(10)
|
(10)
|
(9)
|
(9)
|
(9)
|
(9)
|
(8)
|
(8)
|
(8)
|
(9)
|
(9)
|
(10)
|
(9)
|
(7)
|
(8)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(9)
|
(9)
|
(9)
|
(9)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
0
|
(1)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
24
N/A
|
23
-7%
|
24
+6%
|
27
+13%
|
30
+13%
|
33
+7%
|
34
+3%
|
35
+5%
|
39
+11%
|
38
-2%
|
33
-15%
|
24
-26%
|
13
-47%
|
9
-33%
|
7
-16%
|
9
+27%
|
15
+61%
|
18
+27%
|
18
-2%
|
19
+4%
|
20
+6%
|
19
-3%
|
23
+18%
|
20
-11%
|
18
-10%
|
17
-8%
|
14
-20%
|
11
-16%
|
13
+11%
|
15
+16%
|
19
+33%
|
23
+20%
|
27
+15%
|
27
N/A
|
29
+7%
|
34
+19%
|
41
+20%
|
42
+3%
|
43
+3%
|
42
-2%
|
41
-2%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(3)
|
(3)
|
(4)
|
(5)
|
(8)
|
(6)
|
(7)
|
(7)
|
(9)
|
(8)
|
(9)
|
(9)
|
(7)
|
(8)
|
(7)
|
(7)
|
(7)
|
(7)
|
(6)
|
(6)
|
(5)
|
(5)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(5)
|
(7)
|
(10)
|
(11)
|
(13)
|
(14)
|
(14)
|
(13)
|
(13)
|
|
Non-Reccuring Items |
(3)
|
(3)
|
(7)
|
(18)
|
(25)
|
(25)
|
(22)
|
(11)
|
(65)
|
(68)
|
(62)
|
(58)
|
(5)
|
10
|
5
|
(13)
|
(5)
|
(16)
|
(16)
|
(2)
|
(2)
|
(2)
|
(3)
|
(4)
|
(5)
|
(5)
|
(4)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(5)
|
(4)
|
(3)
|
(4)
|
(6)
|
(5)
|
(6)
|
(6)
|
(6)
|
|
Total Other Income |
(2)
|
(4)
|
(3)
|
(2)
|
(0)
|
(0)
|
(1)
|
(1)
|
1
|
1
|
3
|
2
|
0
|
1
|
(1)
|
(0)
|
(0)
|
(1)
|
1
|
(0)
|
1
|
2
|
2
|
2
|
2
|
1
|
(1)
|
(0)
|
(2)
|
(2)
|
1
|
2
|
7
|
7
|
5
|
4
|
0
|
(1)
|
(1)
|
(2)
|
(5)
|
|
Pre-Tax Income |
16
N/A
|
12
-27%
|
9
-20%
|
2
-77%
|
(3)
N/A
|
1
N/A
|
3
+209%
|
16
+376%
|
(33)
N/A
|
(38)
-15%
|
(36)
+5%
|
(41)
-13%
|
1
N/A
|
12
+743%
|
4
-64%
|
(11)
N/A
|
3
N/A
|
(5)
N/A
|
(4)
+21%
|
11
N/A
|
13
+25%
|
15
+12%
|
17
+16%
|
15
-16%
|
12
-19%
|
10
-19%
|
6
-34%
|
5
-17%
|
5
-10%
|
7
+45%
|
13
+88%
|
16
+28%
|
24
+45%
|
22
-6%
|
21
-7%
|
23
+9%
|
22
-4%
|
22
+1%
|
22
+1%
|
22
-1%
|
18
-20%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(3)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(4)
|
(6)
|
(5)
|
(3)
|
(4)
|
(2)
|
(3)
|
(8)
|
(6)
|
(7)
|
(11)
|
(8)
|
(3)
|
(2)
|
4
|
4
|
(0)
|
0
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(5)
|
(5)
|
(5)
|
(4)
|
(3)
|
(4)
|
(7)
|
(8)
|
(7)
|
(8)
|
(3)
|
|
Income from Continuing Operations |
13
|
10
|
8
|
(1)
|
(6)
|
(3)
|
(1)
|
10
|
(38)
|
(41)
|
(40)
|
(43)
|
(1)
|
4
|
(2)
|
(18)
|
(9)
|
(13)
|
(6)
|
9
|
18
|
19
|
17
|
15
|
8
|
6
|
3
|
2
|
2
|
4
|
8
|
11
|
18
|
18
|
17
|
19
|
15
|
14
|
15
|
14
|
14
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
|
Net Income (Common) |
13
N/A
|
10
-21%
|
8
-23%
|
(1)
N/A
|
(6)
-833%
|
(3)
+52%
|
(1)
+74%
|
10
N/A
|
(38)
N/A
|
(41)
-8%
|
(40)
+3%
|
(43)
-7%
|
(3)
+93%
|
3
N/A
|
(4)
N/A
|
(20)
-430%
|
(7)
+64%
|
(11)
-55%
|
(5)
+58%
|
10
N/A
|
18
+74%
|
19
+8%
|
17
-11%
|
15
-12%
|
8
-45%
|
6
-26%
|
3
-49%
|
2
-32%
|
1
-33%
|
3
+121%
|
7
+132%
|
10
+43%
|
17
+69%
|
17
-5%
|
16
-4%
|
17
+9%
|
13
-25%
|
12
-4%
|
13
+6%
|
12
-9%
|
13
+8%
|
|
EPS (Diluted) |
0.5
N/A
|
0.39
-22%
|
0.3
-23%
|
-0.01
N/A
|
-0.19
-1 800%
|
-0.09
+53%
|
-0.02
+78%
|
0.29
N/A
|
-1.12
N/A
|
-1.21
-8%
|
-1.14
+6%
|
-1.25
-10%
|
-0.08
+94%
|
0.07
N/A
|
-0.1
N/A
|
-0.56
-460%
|
-0.2
+64%
|
-0.31
-55%
|
-0.12
+61%
|
0.28
N/A
|
0.5
+79%
|
0.54
+8%
|
0.48
-11%
|
0.42
-13%
|
0.23
-45%
|
0.16
-30%
|
0.08
-50%
|
0.05
-38%
|
0.04
-20%
|
0.08
+100%
|
0.2
+150%
|
0.3
+50%
|
0.5
+67%
|
0.49
-2%
|
0.47
-4%
|
0.5
+6%
|
0.37
-26%
|
0.35
-5%
|
0.36
+3%
|
0.33
-8%
|
0.36
+9%
|