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Ceco Environmental vs DONALDSON: revenue, profit, margins and growth compared

Ceco Environmental brought in $774.4M of revenue in fiscal 2025, DONALDSON $3.9B in fiscal 2026. Revenue changed by +38.8% at Ceco Environmental and +5.3% at DONALDSON on the year before, so Ceco Environmental grew faster. Ceco Environmental kept 6.5% of its revenue as net profit, DONALDSON 11.7%. Free cash flow was -$5.5M at Ceco Environmental and $426.3M at DONALDSON.

Side by side, latest fiscal year

CECODCI
Fiscal year endedFY2025 (December 31, 2025)FY2026 (July 31, 2026)
Revenue$774.4M$3.9B
Revenue growth+38.8%+5.3%
Net income$50.1M$453.8M
Net margin6.5%11.7%
Free cash flow-$5.5M$426.3M
Free cash flow margin-0.7%11.0%
Earnings per share (diluted)$1.37$3.85
Cash$33.1M$250.4M
Debt$212.4M$1.3B
Price to earnings53.622.7
Market value$4.3B$10.1B
Dividend yieldn/a1.42%
Rank by revenue in sector#287 of 451 · Industrials#147 of 451 · Industrials

Over the years

Revenue
CECO FY2018: $337.3MCECO FY2019: $341.9MCECO FY2020: $316MCECO FY2021: $324.1MCECO FY2022: $422.6MCECO FY2023: $544.8MCECO FY2024: $557.9MCECO FY2025: $774.4MDCI FY2019: $2.8BDCI FY2020: $2.6BDCI FY2021: $2.9BDCI FY2022: $3.3BDCI FY2023: $3.4BDCI FY2024: $3.6BDCI FY2025: $3.7BDCI FY2026: $3.9BFY18FY19FY20FY21FY22FY23FY24FY25FY26
CECO $774.4MDCI $3.9B
Net income
CECO FY2018: -$7.1MCECO FY2019: $17.7MCECO FY2020: $8.2MCECO FY2021: $1.4MCECO FY2022: $17.4MCECO FY2023: $12.9MCECO FY2024: $13MCECO FY2025: $50.1MDCI FY2019: $267.2MDCI FY2020: $257MDCI FY2021: $286.9MDCI FY2022: $332.8MDCI FY2023: $358.8MDCI FY2024: $414MDCI FY2025: $367MDCI FY2026: $453.8MFY18FY19FY20FY21FY22FY23FY24FY25FY26
CECO $50.1MDCI $453.8M
Net margin
CECO FY2018: -2.1%CECO FY2019: 5.2%CECO FY2020: 2.6%CECO FY2021: 0.4%CECO FY2022: 4.1%CECO FY2023: 2.4%CECO FY2024: 2.3%CECO FY2025: 6.5%DCI FY2019: 9.4%DCI FY2020: 10.0%DCI FY2021: 10.1%DCI FY2022: 10.1%DCI FY2023: 10.5%DCI FY2024: 11.5%DCI FY2025: 9.9%DCI FY2026: 11.7%FY18FY19FY20FY21FY22FY23FY24FY25FY26
CECO 6.5%DCI 11.7%
Revenue growth
CECO FY2019: +1.3%CECO FY2020: -7.6%CECO FY2021: +2.6%CECO FY2022: +30.4%CECO FY2023: +28.9%CECO FY2024: +2.4%CECO FY2025: +38.8%DCI FY2020: -9.2%DCI FY2021: +10.5%DCI FY2022: +15.9%DCI FY2023: +3.8%DCI FY2024: +4.5%DCI FY2025: +2.9%DCI FY2026: +5.3%FY19FY20FY21FY22FY23FY24FY25FY26
CECO +38.8%DCI +5.3%
Free cash flow
CECO FY2018: $18.9MCECO FY2019: $4.6MCECO FY2020: $476KCECO FY2021: $10.7MCECO FY2022: $26.3MCECO FY2023: $36.3MCECO FY2024: $7.5MCECO FY2025: -$5.5MDCI FY2019: $195.1MDCI FY2020: $262.6MDCI FY2021: $342.9MDCI FY2022: $167.3MDCI FY2023: $426MDCI FY2024: $406.9MDCI FY2025: $339.9MDCI FY2026: $426.3MFY18FY19FY20FY21FY22FY23FY24FY25FY26
CECO -$5.5MDCI $426.3M

Fiscal years as each company reports them; the two may end in different months.

Questions about Ceco Environmental and DONALDSON

Which is bigger by revenue, Ceco Environmental or DONALDSON?

DONALDSON is bigger by revenue: $3.9B in fiscal 2026, against $774.4M for Ceco Environmental in fiscal 2025.

Which keeps more of its revenue as profit, Ceco Environmental or DONALDSON?

Ceco Environmental had a net margin of 6.5% in fiscal 2025; DONALDSON had 11.7% in fiscal 2026.

Which grew revenue faster, Ceco Environmental or DONALDSON?

In their latest fiscal years revenue changed by +38.8% at Ceco Environmental and +5.3% at DONALDSON.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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