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Side-by-side financial comparison of CECO ENVIRONMENTAL CORP (CECO) and MEDICAL PROPERTIES TRUST INC (MPW). Click either name above to swap in a different company.

MEDICAL PROPERTIES TRUST INC is the larger business by last-quarter revenue ($270.3M vs $205.9M, roughly 1.3× CECO ENVIRONMENTAL CORP). On growth, MEDICAL PROPERTIES TRUST INC posted the faster year-over-year revenue change (16.6% vs 16.5%). Over the past eight quarters, CECO ENVIRONMENTAL CORP's revenue compounded faster (22.4% CAGR vs -0.2%).

CECO Environmental Corp. is an American industrial technology company founded in 1966 and headquartered in Dallas, Texas. It is publicly traded on the Nasdaq Stock Market under the ticker symbol CECO. The company provides air pollution control technology, products, and services for industrial markets, including manufacturing, chemical processing, energy, and refining.

Medical Properties Trust, Inc. (MPT) is an international real estate investment trust (REIT) based in Birmingham, Alabama that purchases and invests in healthcare facilities and for-profit healthcare holding companies, primarily in the United States and Europe. Their property acquisitions often come in the form of sale-leaseback agreements, in which the original property owner sells the property to MPT and becomes their tenant. MPT's tenants are generally subject to long-term triple net lease...

CECO vs MPW — Head-to-Head

Bigger by revenue
MPW
MPW
1.3× larger
MPW
$270.3M
$205.9M
CECO
Growing faster (revenue YoY)
MPW
MPW
+0.1% gap
MPW
16.6%
16.5%
CECO
Faster 2-yr revenue CAGR
CECO
CECO
Annualised
CECO
22.4%
-0.2%
MPW

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CECO
CECO
MPW
MPW
Revenue
$205.9M
$270.3M
Net Profit
$17.6M
Gross Margin
31.0%
95.8%
Operating Margin
0.9%
9.7%
Net Margin
6.5%
Revenue YoY
16.5%
16.6%
Net Profit YoY
104.3%
EPS (diluted)
$0.98
$0.03

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CECO
CECO
MPW
MPW
Q1 26
$205.9M
Q4 25
$214.7M
$270.3M
Q3 25
$197.6M
$237.5M
Q2 25
$185.4M
$240.4M
Q1 25
$176.7M
$223.8M
Q4 24
$158.6M
$231.8M
Q3 24
$135.5M
$225.8M
Q2 24
$137.5M
$266.6M
Net Profit
CECO
CECO
MPW
MPW
Q1 26
Q4 25
$3.1M
$17.6M
Q3 25
$1.5M
$-77.7M
Q2 25
$9.5M
$-98.4M
Q1 25
$36.0M
$-118.3M
Q4 24
$4.9M
$-412.3M
Q3 24
$2.1M
$-801.2M
Q2 24
$4.5M
$-320.6M
Gross Margin
CECO
CECO
MPW
MPW
Q1 26
31.0%
Q4 25
35.1%
95.8%
Q3 25
32.7%
Q2 25
36.2%
91.8%
Q1 25
35.2%
63.6%
Q4 24
35.8%
90.9%
Q3 24
33.4%
96.5%
Q2 24
35.7%
98.4%
Operating Margin
CECO
CECO
MPW
MPW
Q1 26
0.9%
Q4 25
7.7%
9.7%
Q3 25
4.8%
-28.0%
Q2 25
9.7%
-36.7%
Q1 25
35.0%
-48.5%
Q4 24
7.1%
-173.7%
Q3 24
5.3%
-350.7%
Q2 24
6.7%
-114.5%
Net Margin
CECO
CECO
MPW
MPW
Q1 26
Q4 25
1.4%
6.5%
Q3 25
0.8%
-32.7%
Q2 25
5.1%
-40.9%
Q1 25
20.4%
-52.8%
Q4 24
3.1%
-177.8%
Q3 24
1.5%
-354.8%
Q2 24
3.3%
-120.3%
EPS (diluted)
CECO
CECO
MPW
MPW
Q1 26
$0.98
Q4 25
$0.09
$0.03
Q3 25
$0.04
$-0.13
Q2 25
$0.26
$-0.16
Q1 25
$0.98
$-0.20
Q4 24
$0.14
$-0.68
Q3 24
$0.06
$-1.34
Q2 24
$0.12
$-0.54

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CECO
CECO
MPW
MPW
Cash + ST InvestmentsLiquidity on hand
$45.4M
$540.9M
Total DebtLower is stronger
$5.3M
$9.7B
Stockholders' EquityBook value
$317.2M
$4.6B
Total Assets
$1.0B
$15.0B
Debt / EquityLower = less leverage
0.02×
2.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CECO
CECO
MPW
MPW
Q1 26
$45.4M
Q4 25
$33.1M
$540.9M
Q3 25
$32.8M
$396.6M
Q2 25
$36.8M
$509.8M
Q1 25
$146.5M
$673.5M
Q4 24
$37.8M
$332.3M
Q3 24
$38.7M
$275.6M
Q2 24
$36.5M
$606.5M
Total Debt
CECO
CECO
MPW
MPW
Q1 26
$5.3M
Q4 25
$212.4M
$9.7B
Q3 25
$220.9M
$9.6B
Q2 25
$238.7M
$9.6B
Q1 25
$339.7M
$9.5B
Q4 24
$218.9M
$8.8B
Q3 24
$133.4M
$9.2B
Q2 24
$130.8M
$9.4B
Stockholders' Equity
CECO
CECO
MPW
MPW
Q1 26
$317.2M
Q4 25
$317.5M
$4.6B
Q3 25
$309.2M
$4.7B
Q2 25
$298.4M
$4.8B
Q1 25
$285.8M
$4.8B
Q4 24
$247.7M
$4.8B
Q3 24
$241.3M
$5.4B
Q2 24
$235.0M
$6.2B
Total Assets
CECO
CECO
MPW
MPW
Q1 26
$1.0B
Q4 25
$893.8M
$15.0B
Q3 25
$891.9M
$14.9B
Q2 25
$876.6M
$15.2B
Q1 25
$957.1M
$14.9B
Q4 24
$759.7M
$14.3B
Q3 24
$621.5M
$15.2B
Q2 24
$598.1M
$16.2B
Debt / Equity
CECO
CECO
MPW
MPW
Q1 26
0.02×
Q4 25
0.67×
2.11×
Q3 25
0.71×
2.06×
Q2 25
0.80×
2.00×
Q1 25
1.19×
1.99×
Q4 24
0.88×
1.83×
Q3 24
0.55×
1.69×
Q2 24
0.56×
1.51×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CECO
CECO
MPW
MPW
Operating Cash FlowLast quarter
$230.8M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
13.11×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CECO
CECO
MPW
MPW
Q1 26
Q4 25
$10.0M
$230.8M
Q3 25
$15.3M
$18.6M
Q2 25
$-7.7M
$51.7M
Q1 25
$-11.7M
$384.0K
Q4 24
$1.8M
$245.5M
Q3 24
$15.1M
$59.2M
Q2 24
$6.7M
$35.3M
Free Cash Flow
CECO
CECO
MPW
MPW
Q1 26
Q4 25
$7.3M
Q3 25
$11.0M
Q2 25
$-8.7M
Q1 25
$-15.1M
Q4 24
$-4.3M
Q3 24
$11.1M
Q2 24
$2.5M
FCF Margin
CECO
CECO
MPW
MPW
Q1 26
Q4 25
3.4%
Q3 25
5.6%
Q2 25
-4.7%
Q1 25
-8.5%
Q4 24
-2.7%
Q3 24
8.2%
Q2 24
1.9%
Capex Intensity
CECO
CECO
MPW
MPW
Q1 26
Q4 25
1.2%
Q3 25
2.1%
Q2 25
0.6%
Q1 25
1.9%
Q4 24
3.9%
Q3 24
3.0%
Q2 24
3.0%
Cash Conversion
CECO
CECO
MPW
MPW
Q1 26
Q4 25
3.26×
13.11×
Q3 25
10.18×
Q2 25
-0.81×
Q1 25
-0.33×
Q4 24
0.37×
Q3 24
7.24×
Q2 24
1.49×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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