CECO Environmental Expects 2026 Orders to Exceed $1.5 Billion
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 12 2026
0mins
Should l Buy CECO?
CECO Environmental announced it expects full year 2026 orders to be greater than $1.5 billion - not inclusive of the previously announced Thermon transaction, which is expected to close in mid-2026 subject to satisfaction of the applicable conditions to closing. The Company's full year orders outlook represents a greater than 1.5 book-to-bill ratio, up approximately 50 percent when compared to 2025. Todd Gleason, CECO's Chief Executive Officer commented, "Today's announcement further emphasizes our long-term sustainable growth model, which is a direct result of our strategic investments to position CECO as a leader in high-growth, global, industrial markets. The visibility and confidence we have in our sales pipeline - which now exceeds $6.5 billion - to yield over $1.5 billion in new orders this year, solidifies our ability to maintain strong, double-digit organic growth for the foreseeable future."
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Analyst Views on CECO
Wall Street analysts forecast CECO stock price to rise
3 Analyst Rating
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 57.020
Low
73.00
Averages
74.00
High
75.00
Current: 57.020
Low
73.00
Averages
74.00
High
75.00
About CECO
CECO Environmental Corp. is an environmentally focused, diversified industrial company. The Company serves a broad landscape of industrial air, industrial water and energy transition markets globally, providing solutions and application expertise. Its Engineered System segment serves the power generation, hydrocarbon processing, water/wastewater treatment, oily water separation and treatment, marine and naval vessels, and midstream oil and gas sectors. The segment seeks to address the global demand for environmental and equipment protection solutions with its engineered platforms, including emissions management, fluid bed cyclones, thermal acoustics, separation and filtration, and dampers and expansion joints. Its Industrial Process Solutions segment serves the industrial sector with solutions for air pollution and contamination control, and process filtration in applications, such as aluminum beverage can production, automobile production, electronics production, and other markets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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