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CECO ENVIRONMENTAL CORP（CECO）与唐纳森（DCI）财务数据对比。点击上方公司名可切换其他公司
唐纳森的季度营收约是CECO ENVIRONMENTAL CORP的4.4倍（$935.4M vs $214.7M）。唐纳森净利率更高（12.2% vs 1.4%，领先10.8%）。CECO ENVIRONMENTAL CORP同比增速更快（35.4% vs 3.9%）。唐纳森自由现金流更多（$111.2M vs $7.3M）。过去两年CECO ENVIRONMENTAL CORP的营收复合增速更高（30.4% vs 3.3%）
CECO环保是1966年成立的美国工业技术企业，总部位于得克萨斯州达拉斯，在纳斯达克上市，股票代码为CECO。公司面向制造、化工、能源、炼油等工业领域，提供空气污染治理相关的技术、产品及服务，助力工业客户满足环保排放要求。
唐纳森是全球知名的过滤解决方案提供商，主要生产销售适配工商业、航空航天、化工、新能源（风电）、食品饮料、医药等多领域的过滤产品，其位于明尼苏达州明尼阿波利斯的研发部门也参与多项军事应用相关的国防项目。
CECO vs DCI — 直观对比
营收规模更大
DCI
是对方的4.4倍
$214.7M
营收增速更快
CECO
高出31.5%
3.9%
净利率更高
DCI
高出10.8%
1.4%
自由现金流更多
DCI
多$103.9M
$7.3M
两年增速更快
CECO
近两年复合增速
3.3%
损益表 — Q4 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $214.7M | $935.4M |
| 净利润 | $3.1M | $113.9M |
| 毛利率 | 35.1% | 35.2% |
| 营业利润率 | 7.7% | 16.0% |
| 净利率 | 1.4% | 12.2% |
| 营收同比 | 35.4% | 3.9% |
| 净利润同比 | -37.3% | 15.1% |
| 每股收益（稀释后） | $0.09 | $0.97 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收CECODCI
| Q4 25 | $214.7M | $935.4M | ||
| Q3 25 | $197.6M | $980.7M | ||
| Q2 25 | $185.4M | $940.1M | ||
| Q1 25 | $176.7M | $870.0M | ||
| Q4 24 | $158.6M | $900.1M | ||
| Q3 24 | $135.5M | $935.4M | ||
| Q2 24 | $137.5M | $927.9M | ||
| Q1 24 | $126.3M | $876.7M |
净利润CECODCI
| Q4 25 | $3.1M | $113.9M | ||
| Q3 25 | $1.5M | $114.3M | ||
| Q2 25 | $9.5M | $57.8M | ||
| Q1 25 | $36.0M | $95.9M | ||
| Q4 24 | $4.9M | $99.0M | ||
| Q3 24 | $2.1M | $109.7M | ||
| Q2 24 | $4.5M | $113.5M | ||
| Q1 24 | $1.5M | $98.7M |
毛利率CECODCI
| Q4 25 | 35.1% | 35.2% | ||
| Q3 25 | 32.7% | 34.5% | ||
| Q2 25 | 36.2% | 34.2% | ||
| Q1 25 | 35.2% | 35.2% | ||
| Q4 24 | 35.8% | 35.5% | ||
| Q3 24 | 33.4% | 35.8% | ||
| Q2 24 | 35.7% | 35.6% | ||
| Q1 24 | 35.7% | 35.2% |
营业利润率CECODCI
| Q4 25 | 7.7% | 16.0% | ||
| Q3 25 | 4.8% | 15.5% | ||
| Q2 25 | 9.7% | 9.3% | ||
| Q1 25 | 35.0% | 14.4% | ||
| Q4 24 | 7.1% | 14.5% | ||
| Q3 24 | 5.3% | 15.6% | ||
| Q2 24 | 6.7% | 15.5% | ||
| Q1 24 | 6.1% | 14.8% |
净利率CECODCI
| Q4 25 | 1.4% | 12.2% | ||
| Q3 25 | 0.8% | 11.7% | ||
| Q2 25 | 5.1% | 6.1% | ||
| Q1 25 | 20.4% | 11.0% | ||
| Q4 24 | 3.1% | 11.0% | ||
| Q3 24 | 1.5% | 11.7% | ||
| Q2 24 | 3.3% | 12.2% | ||
| Q1 24 | 1.2% | 11.3% |
每股收益（稀释后）CECODCI
| Q4 25 | $0.09 | $0.97 | ||
| Q3 25 | $0.04 | $0.97 | ||
| Q2 25 | $0.26 | $0.48 | ||
| Q1 25 | $0.98 | $0.79 | ||
| Q4 24 | $0.14 | $0.81 | ||
| Q3 24 | $0.06 | $0.90 | ||
| Q2 24 | $0.12 | $0.92 | ||
| Q1 24 | $0.04 | $0.81 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $33.1M | $210.7M |
| 总债务越低越好 | $212.4M | $671.5M |
| 股东权益账面价值 | $317.5M | $1.5B |
| 总资产 | $893.8M | $3.0B |
| 负债/权益比越低杠杆越低 | 0.67× | 0.44× |
8季度趋势，按日历期对齐
现金及短期投资CECODCI
| Q4 25 | $33.1M | $210.7M | ||
| Q3 25 | $32.8M | $180.4M | ||
| Q2 25 | $36.8M | $178.5M | ||
| Q1 25 | $146.5M | $189.1M | ||
| Q4 24 | $37.8M | $221.2M | ||
| Q3 24 | $38.7M | $232.7M | ||
| Q2 24 | $36.5M | $223.7M | ||
| Q1 24 | $46.6M | $193.8M |
总债务CECODCI
| Q4 25 | $212.4M | $671.5M | ||
| Q3 25 | $220.9M | $630.4M | ||
| Q2 25 | $238.7M | $638.8M | ||
| Q1 25 | $339.7M | $514.7M | ||
| Q4 24 | $218.9M | $538.6M | ||
| Q3 24 | $133.4M | $483.4M | ||
| Q2 24 | $130.8M | $481.8M | ||
| Q1 24 | $135.7M | $352.0M |
股东权益CECODCI
| Q4 25 | $317.5M | $1.5B | ||
| Q3 25 | $309.2M | $1.5B | ||
| Q2 25 | $298.4M | $1.5B | ||
| Q1 25 | $285.8M | $1.5B | ||
| Q4 24 | $247.7M | $1.5B | ||
| Q3 24 | $241.3M | $1.5B | ||
| Q2 24 | $235.0M | $1.5B | ||
| Q1 24 | $231.5M | $1.4B |
总资产CECODCI
| Q4 25 | $893.8M | $3.0B | ||
| Q3 25 | $891.9M | $3.0B | ||
| Q2 25 | $876.6M | $3.0B | ||
| Q1 25 | $957.1M | $3.0B | ||
| Q4 24 | $759.7M | $3.0B | ||
| Q3 24 | $621.5M | $2.9B | ||
| Q2 24 | $598.1M | $2.9B | ||
| Q1 24 | $589.0M | $2.8B |
负债/权益比CECODCI
| Q4 25 | 0.67× | 0.44× | ||
| Q3 25 | 0.71× | 0.43× | ||
| Q2 25 | 0.80× | 0.44× | ||
| Q1 25 | 1.19× | 0.33× | ||
| Q4 24 | 0.88× | 0.35× | ||
| Q3 24 | 0.55× | 0.32× | ||
| Q2 24 | 0.56× | 0.32× | ||
| Q1 24 | 0.59× | 0.26× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $10.0M | $125.4M |
| 自由现金流经营现金流 - 资本支出 | $7.3M | $111.2M |
| 自由现金流率自由现金流/营收 | 3.4% | 11.9% |
| 资本支出强度资本支出/营收 | 1.2% | 1.5% |
| 现金转化率经营现金流/净利润 | 3.26× | 1.10× |
| 过去12个月自由现金流最近4个季度 | $-5.5M | $403.2M |
8季度趋势，按日历期对齐
经营现金流CECODCI
| Q4 25 | $10.0M | $125.4M | ||
| Q3 25 | $15.3M | $167.8M | ||
| Q2 25 | $-7.7M | $87.7M | ||
| Q1 25 | $-11.7M | $90.4M | ||
| Q4 24 | $1.8M | $72.9M | ||
| Q3 24 | $15.1M | $126.0M | ||
| Q2 24 | $6.7M | $141.5M | ||
| Q1 24 | $1.2M | $87.0M |
自由现金流CECODCI
| Q4 25 | $7.3M | $111.2M | ||
| Q3 25 | $11.0M | $147.5M | ||
| Q2 25 | $-8.7M | $73.0M | ||
| Q1 25 | $-15.1M | $71.5M | ||
| Q4 24 | $-4.3M | $47.9M | ||
| Q3 24 | $11.1M | $106.2M | ||
| Q2 24 | $2.5M | $120.2M | ||
| Q1 24 | $-1.9M | $65.7M |
自由现金流率CECODCI
| Q4 25 | 3.4% | 11.9% | ||
| Q3 25 | 5.6% | 15.0% | ||
| Q2 25 | -4.7% | 7.8% | ||
| Q1 25 | -8.5% | 8.2% | ||
| Q4 24 | -2.7% | 5.3% | ||
| Q3 24 | 8.2% | 11.4% | ||
| Q2 24 | 1.9% | 13.0% | ||
| Q1 24 | -1.5% | 7.5% |
资本支出强度CECODCI
| Q4 25 | 1.2% | 1.5% | ||
| Q3 25 | 2.1% | 2.1% | ||
| Q2 25 | 0.6% | 1.6% | ||
| Q1 25 | 1.9% | 2.2% | ||
| Q4 24 | 3.9% | 2.8% | ||
| Q3 24 | 3.0% | 2.1% | ||
| Q2 24 | 3.0% | 2.3% | ||
| Q1 24 | 2.5% | 2.4% |
现金转化率CECODCI
| Q4 25 | 3.26× | 1.10× | ||
| Q3 25 | 10.18× | 1.47× | ||
| Q2 25 | -0.81× | 1.52× | ||
| Q1 25 | -0.33× | 0.94× | ||
| Q4 24 | 0.37× | 0.74× | ||
| Q3 24 | 7.24× | 1.15× | ||
| Q2 24 | 1.49× | 1.25× | ||
| Q1 24 | 0.81× | 0.88× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
CECO
暂无分部数据
DCI
| Aftermarket Products | $447.1M | 48% |
| Industrial Filtration Solutions Products | $222.6M | 24% |
| Off Road Products | $86.5M | 9% |
| Life Sciences Segment | $80.0M | 9% |
| Other | $39.1M | 4% |
| Aerospace And Defense Products | $37.1M | 4% |
| On Road Products | $23.0M | 2% |
