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Ceco Environmental CECO Industrial Solutions — Goodwill Purchase Accounting Adjustments

Other segment segments

Engineered Systems
$25.56M+23,139%

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Other financials

Income statement

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Revenue$205.9M-72.5%
Gross profit$63.9M-89.9%
Operating income$1.9M-97.0%
Net income-$398.0K-101%
EPS (diluted)-$0.01-101%

Balance sheet

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Cash & equivalents$45.4M-69.0%
Total debt$276.4M-23.1%
Total equity$312.2M+9.2%
Total assets$1.0B+7.3%

Cash flow

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Operating cash flow-$13.1M-12.0%
CapEx$2.6M-23.5%
Free cash flow-$15.7M-4.0%

Valuation

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Market cap$4.01B+149%
Enterprise value$4.24B+132%
P/E293.2×+263×
P/S6.5×

Profitability

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Gross margin69.4%+38.7pp
Operating margin7.5%
Net margin2.2%
FCF margin2%-4.4pp

Returns & leverage

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Return on equity4.6%-13.8pp
Debt / equity0.9×-0.4×
Current ratio1.3×-0.4×

Where this comes from

Reported directly by Ceco Environmental in its filing.

Tagged under the XBRL concept us-gaap:GoodwillPurchaseAccountingAdjustments.

The source filing: Ceco Environmental’s 10-K, filed March 2, 2026.

Filed
Mar 2, 2026, 5:30 PM EST
Fiscal year
FY2025
Accession
0001193125-26-085815
(in thousands)Engineered SystemssegmentIndustrial Process SolutionssegmentTotal
Balance of goodwill at December 31, 2023$142,229$69,097$211,326
Acquisitions11059,00559,115
Foreign currency translation(596)(98)(694)
Balance of goodwill at December 31, 2024141,743128,004269,747
Acquisitions25,56316,20641,769
Divestiture(26,838)(26,838)
Foreign currency translation1,2702,2153,485
Balance of goodwill at December 31, 2025$168,576$119,587$288,163

Item 8. Financial Statements and Supplementary Data

FAQ

What is Ceco Environmental's industrial solutions — goodwill purchase accounting adjustments?
Ceco Environmental (CECO) reported industrial solutions — goodwill purchase accounting adjustments of $4.05M in Q4 2025.
How has Ceco Environmental's industrial solutions — goodwill purchase accounting adjustments changed year-over-year?
Ceco Environmental's industrial solutions — goodwill purchase accounting adjustments decreased by 72.5% year-over-year, from $14.75M to $4.05M.
What is the long-term trend for Ceco Environmental's industrial solutions — goodwill purchase accounting adjustments?
Over 3 years (2022 to 2025), Ceco Environmental's industrial solutions — goodwill purchase accounting adjustments has grown at a 30.2% compound annual growth rate (CAGR), from $7.34M to $16.21M.
What does industrial solutions — goodwill purchase accounting adjustments mean?
Reflects periodic adjustments made to the carrying value of goodwill within the Industrial Solutions segment following an acquisition. These adjustments typically arise from the finalization of purchase price allocations or revisions to the fair value of acquired assets and liabilities.

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