Is CECO ENVIRONMENTAL CORP (CECO) Halal?

NASDAQ Industrials United States $2.2B
✓ HALAL
Confidence: 83/100
CECO ENVIRONMENTAL CORP (CECO) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 13.1% against the AAOIFI threshold of 30%, CECO ENVIRONMENTAL CORP comfortably passes the key financial ratio tests. The company operates in the Industrials sector (Pollution & Treatment Controls), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 13.1%
/ 30%
2.0%
/ 30%
12.2%
/ 30%
N/A ✓ HALAL
DJIM 13.1%
/ 33%
2.0%
/ 33%
12.2%
/ 33%
N/A ✓ HALAL
MSCI 32.3%
/ 33%
5.0%
/ 33%
30.2%
/ 33%
N/A ✓ HALAL
S&P 13.1%
/ 33%
2.0%
/ 33%
12.2%
/ 33%
N/A ✓ HALAL
FTSE 32.3%
/ 33%
5.0%
/ 33%
30.2%
/ 50%
N/A ✓ HALAL

Financial Highlights

P/E Ratio
44.5
Forward: 29.5
EPS
$1.37
P/B Ratio
6.8
EV/EBITDA
30.3
EV: $2.4B
Revenue
$774M
Growth: 35.4%
Beta
1.4
High volatility
Current Ratio
1.3

Profitability

Gross Margin 34.8%
Operating Margin 9.2%
Net Margin 6.5%
Return on Equity (ROE) 18.5%
Return on Assets (ROA) 4.1%

Cash Flow & Balance Sheet

Operating Cash Flow$6M
Free Cash Flow-$5M
Total Debt$240M
Debt-to-Equity74.3
Current Ratio1.3
Total Assets$894M

Price & Trading

Last Close$61.09
50-Day MA$65.03
200-Day MA$51.58
Avg Volume508K
Beta1.4
52-Week Range
$17.57
$81.72

About CECO ENVIRONMENTAL CORP (CECO)

CEO
Mr. Todd R. Gleason
Employees
1,540
Sector
Industrials
Industry
Pollution & Treatment Controls
Country
United States
Exchange
NASDAQ
Market Cap
$2.2B
Currency
USD

CECO Environmental Corp. provides critical solutions in industrial air quality, industrial water treatment, and energy transition solutions in the United States, the United Kingdom, the Netherlands, China, and internationally. It operates through Engineered Systems and Industrial Process Solutions segments. The company offers emissions management, fluid bed cyclones, thermal acoustics, and separation and filtration solutions; engineering services and environmental systems; and industrial exhaust air contamination treatment and control systems, solutions, and services, as well as intelligent control solutions. It also provides engineered and configured products and solutions, including dampers and diverters, expansion joints, selective catalytic reduction systems, severe-service and industrial cyclones, dust collectors, thermal oxidizers, filtration systems, wet and dry scrubbers, separators and coalescers, water treatment packages, metallic and non-metallic pumps, industrial silencers, and fluid handling equipment, as well as plant engineering services and engineered design build fabrication services. In addition, the company offers solutions for air pollution and contamination control, fluid handling, and process filtration in various applications, such as aluminum beverage can production, automobile production, food and beverage processing, semiconductor fabrication, electronics production, steel and aluminum mill processing, wood manufacturing, desalination, and aquaculture markets. It markets its power generation, hydrocarbon processing, water/wastewater treatment, oily water separation and treatment, marine and naval vessels, and midstream oil and gas sectors. CECO Environmental Corp. was founded in 1869 and is headquartered in Addison, Texas.

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Frequently Asked Questions

Is CECO ENVIRONMENTAL CORP (CECO) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), CECO ENVIRONMENTAL CORP is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is CECO ENVIRONMENTAL CORP's debt ratio?

CECO ENVIRONMENTAL CORP's debt ratio is 13.1% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 32.3%.

What are CECO ENVIRONMENTAL CORP's key financial metrics?

CECO ENVIRONMENTAL CORP has a market capitalization of $2.2B, trailing P/E ratio of 44.5, and revenue of $774M. The company maintains a gross margin of 34.8% and a net margin of 6.5%. Return on equity stands at 18.5%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.