What is Ceco Environmental's thermal solutions — D&A?

Ceco Environmental (CECO) reported thermal solutions — D&A of $4.33M in Q2 2026.

What does thermal solutions — D&A mean?

This non-cash expense reflects the systematic allocation of the cost of tangible and intangible assets over their useful lives within the Thermal Solutions segment. It is a key metric for understanding the segment's asset aging profile and the ongoing reinvestment required to maintain operational capacity.

Ceco Environmental (CECO) Thermal Solutions — D&A

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Other segment segments

Engineered Systems

$3.84M+81.5%

Industrial Process Solutions

$2.32M+24.3%

Similar metrics at other companies

ASYSThermal Processing Solutions — D&A

$263K+1.9%

CCThermal And Specialized Solutions — D&A

$18M0.0%

BWATurbos & Thermal Technologies — D&A

$39M-7.1%

FSSEnvironmental Solutions — D&A

$22.6M+28.4%

ABMTechnical Solutions — D&A

$2.6M+35.1%

NXCustom Solutions — D&A

$5.4M-0.6%

Other financials

Income statement

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Revenue$285.0M+53.7%

Gross profit$86.5M+28.8%

Operating income-$33.2M-284%

Net income-$34.8M-466%

EPS (diluted)-$0.80-408%

Balance sheet

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Cash & equivalents$61.1M+65.8%

Total debt$762.7M+195%

Total equity$2.1B+596%

Total assets$3.7B+326%

Cash flow

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Operating cash flow-$19.3M-152%

CapEx$4.9M+368%

Free cash flow-$24.2M-178%

Valuation

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Market cap$4.11B+162%

Enterprise value$4.81B+169%

P/S5.8×—

Profitability

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Gross margin69.4%+38.7pp

Operating margin-0.8%—

Net margin-4.3%—

FCF margin2%-4.4pp

Returns & leverage

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Return on equity-2.6%-22.2pp

Debt / equity0.4×-0.5×

Current ratio1.5×+0.2×

Where this comes from

Reported directly by Ceco Environmental in its filing.

Tagged under the XBRL concept us-gaap:DepreciationDepletionAndAmortization.

The source filing: Ceco Environmental’s 10-Q, filed August 10, 2026.

Filed: Aug 10, 2026, 4:38 PM EDT
Fiscal quarter: Q2 FY2026
Calendar quarter: Q2 2026
Accession: 0001193125-26-342536

(in thousands)	Thermal Solutions	Engineered Systems	Industrial Process Solutions
Property and equipment additions	$1,756	$1,165	$128
Depreciation and amortization(1)	4,328	3,835	2,317

Cover / Front Matter

FAQ

What is Ceco Environmental's thermal solutions — D&A?: Ceco Environmental (CECO) reported thermal solutions — D&A of $4.33M in Q2 2026.
What does thermal solutions — D&A mean?: This non-cash expense reflects the systematic allocation of the cost of tangible and intangible assets over their useful lives within the Thermal Solutions segment. It is a key metric for understanding the segment's asset aging profile and the ongoing reinvestment required to maintain operational capacity.