CECO Cost Of Revenue from 2010 to 2024

CECO Stock  USD 23.79  0.64  2.62%   
CECO Environmental Cost Of Revenue yearly trend continues to be very stable with very little volatility. Cost Of Revenue is likely to grow to about 401.1 M this year. During the period from 2010 to 2024, CECO Environmental Cost Of Revenue quarterly data regression pattern had sample variance of 11228.3 T and median of  225,802,000. View All Fundamentals
 
Cost Of Revenue  
First Reported
1993-03-31
Previous Quarter
102.7 M
Current Value
81.2 M
Quarterly Volatility
25.5 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CECO Environmental financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CECO main balance sheet or income statement drivers, such as Depreciation And Amortization of 13.1 M, Interest Expense of 14.1 M or Total Revenue of 572.1 M, as well as many exotic indicators such as Price To Sales Ratio of 1.23, Dividend Yield of 0.0281 or PTB Ratio of 2.87. CECO financial statements analysis is a perfect complement when working with CECO Environmental Valuation or Volatility modules.
  
This module can also supplement CECO Environmental's financial leverage analysis and stock options assessment as well as various CECO Environmental Technical models . Check out the analysis of CECO Environmental Correlation against competitors.

Latest CECO Environmental's Cost Of Revenue Growth Pattern

Below is the plot of the Cost Of Revenue of CECO Environmental Corp over the last few years. Cost of Revenue is found on CECO Environmental Corp income statement and represents the costs associated with goods and services CECO Environmental provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities. It is CECO Environmental's Cost Of Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CECO Environmental's overall financial position and show how it may be relating to other accounts over time.
Cost Of Revenue10 Years Trend
Slightly volatile
   Cost Of Revenue   
       Timeline  

CECO Cost Of Revenue Regression Statistics

Arithmetic Mean216,440,363
Geometric Mean150,500,951
Coefficient Of Variation48.96
Mean Deviation77,182,691
Median225,802,000
Standard Deviation105,963,439
Sample Variance11228.3T
Range400M
R-Value0.88
Mean Square Error2772.3T
R-Squared0.77
Significance0.000017
Slope20,801,408
Total Sum of Squares157195.5T

CECO Cost Of Revenue History

2024401.1 M
2023382 M
2022294.4 M
2021223.2 M
2020210.9 M
2019227.8 M
2018225.8 M

About CECO Environmental Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include CECO Environmental income statement, its balance sheet, and the statement of cash flows. CECO Environmental investors use historical funamental indicators, such as CECO Environmental's Cost Of Revenue, to determine how well the company is positioned to perform in the future. Although CECO Environmental investors may use each financial statement separately, they are all related. The changes in CECO Environmental's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on CECO Environmental's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on CECO Environmental Financial Statements. Understanding these patterns can help to make the right decision on long term investment in CECO Environmental. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cost Of Revenue382 M401.1 M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards CECO Environmental in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, CECO Environmental's short interest history, or implied volatility extrapolated from CECO Environmental options trading.

Pair Trading with CECO Environmental

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CECO Environmental position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CECO Environmental will appreciate offsetting losses from the drop in the long position's value.

Moving together with CECO Stock

  0.67PFFVF Pfeiffer Vacuum TechPairCorr
  0.77ARQ Arq Inc Symbol ChangePairCorr
  0.76FSS Federal SignalPairCorr

Moving against CECO Stock

  0.79SPEC Spectaire Holdings Symbol ChangePairCorr
  0.74CDTI CDTi Advanced MaterialsPairCorr
  0.7LIQT LiqTech International Earnings Call TodayPairCorr
  0.65TOMZ TOMI Environmental Earnings Call TomorrowPairCorr
  0.47ERII Energy RecoveryPairCorr
The ability to find closely correlated positions to CECO Environmental could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CECO Environmental when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CECO Environmental - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CECO Environmental Corp to buy it.
The correlation of CECO Environmental is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CECO Environmental moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CECO Environmental Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CECO Environmental can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether CECO Environmental Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CECO Environmental's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ceco Environmental Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ceco Environmental Corp Stock:
Check out the analysis of CECO Environmental Correlation against competitors.
Note that the CECO Environmental Corp information on this page should be used as a complementary analysis to other CECO Environmental's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Complementary Tools for CECO Stock analysis

When running CECO Environmental's price analysis, check to measure CECO Environmental's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CECO Environmental is operating at the current time. Most of CECO Environmental's value examination focuses on studying past and present price action to predict the probability of CECO Environmental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CECO Environmental's price. Additionally, you may evaluate how the addition of CECO Environmental to your portfolios can decrease your overall portfolio volatility.
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Money Managers
Screen money managers from public funds and ETFs managed around the world
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Is CECO Environmental's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CECO Environmental. If investors know CECO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CECO Environmental listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.30)
Earnings Share
0.35
Revenue Per Share
16.068
Quarterly Revenue Growth
0.122
Return On Assets
0.0457
The market value of CECO Environmental Corp is measured differently than its book value, which is the value of CECO that is recorded on the company's balance sheet. Investors also form their own opinion of CECO Environmental's value that differs from its market value or its book value, called intrinsic value, which is CECO Environmental's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CECO Environmental's market value can be influenced by many factors that don't directly affect CECO Environmental's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CECO Environmental's value and its price as these two are different measures arrived at by different means. Investors typically determine if CECO Environmental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CECO Environmental's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.