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Perma-Pipe International Holdings, Inc.(PPIH)Earnings, Financials & Key Ratios
PPIH•NASDAQ
$33.50
$267M mkt cap·29.9× P/E·Price updated May 6, 2026
AboutPerma-Pipe International Holdings, Inc., together with its subsidiaries, engineers, designs, manufactures, and sells specialty piping and leak detection systems. It offers provides and jacketed district heating and cooling piping systems for energy distribution from central energy plants to various locations; and primary and secondary containment piping systems for transporting chemicals, hazardous fluids, and petroleum products, as well as engages in the coating and insulation of oil and gas gathering and transmission pipelines. The company also offers liquid and powder based anti-corrosion coatings for external and internal surfaces of steel pipe, including shapes like bends, reducers, tees, and other spools/fittings that is used in pipelines for the transportation of oil and gas products and potable water. It has operations in the United States, Canada, the Middle East, Europe, India, and internationally. The company was formerly known as MFRI, Inc. and changed its name to Perma-Pipe International Holdings, Inc. in March 2017. Perma-Pipe International Holdings, Inc. was incorporated in 1993 and is headquartered in Niles, Illinois.Show more
- Revenue$158M+5.1%
- EBITDA$20M+17.5%
- Net Income$9M-14.2%
- EPS (Diluted)1.12-13.8%
- Gross Margin33.62%+22.2%
- EBITDA Margin12.75%+11.8%
- Operating Margin12.82%+44.6%
- Net Margin5.67%-18.4%
- ROE11.58%-28.2%
- ROIC15.26%+37.2%
- Debt/Equity0.40-12.2%
- Interest Coverage9.13+66.0%
PPIH Key Insights
Perma-Pipe International Holdings, Inc. (PPIH) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong 5Y profit CAGR of 20.2%
- ✓Strong Piotroski F-Score: 7/9
- ✓High quality earnings: Operating CF exceeds net income
✗Weaknesses
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
PPIH Price & Volume
Perma-Pipe International Holdings, Inc. (PPIH) stock price & volume — 10-year historical chart
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PPIH Growth Metrics
Perma-Pipe International Holdings, Inc. (PPIH) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-2.05%
5 Years4.41%
3 Years4.56%
TTM30.74%
Profit CAGR
10 Years-
5 Years20.23%
3 Years14.01%
TTM-12.5%
EPS CAGR
10 Years-
5 Years21.1%
3 Years15.87%
TTM-13.71%
Return on Capital
10 Years2.84%
5 Years8.69%
3 Years16.02%
Last Year19.41%
PPIH Recent Earnings
Perma-Pipe International Holdings, Inc. (PPIH) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 1/12 qtrs (100%)●Beat Revenue 2/12 qtrs (100%)
Q2 2026Latest
Apr 16, 2026EPS
$0.60
Est $0.44
+36.4%
Revenue
$55M
Est $55M
+0.2%
Q4 2025
Dec 12, 2025EPS
$0.77
Revenue
$61M
Est $55M
+11.2%
Q4 2025
Sep 15, 2025EPS
$0.10
Revenue
$48M
Q3 2025
Jun 13, 2025EPS
$0.61
Revenue
$47M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 16, 2026 | $0.60vs $0.44+36.4% | $55Mvs $55M+0.2% |
| Q4 2025 | Dec 12, 2025 | $0.77 | $61Mvs $55M+11.2% |
| Q4 2025 | Sep 15, 2025 | $0.10 | $48M |
| Q3 2025 | Jun 13, 2025 | $0.61 | $47M |
Based on last 12 quarters of dataView full earnings history →
PPIH Peer Comparison
Perma-Pipe International Holdings, Inc. (PPIH) competitors in Site, water and foundation infrastructure — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 IIIN | 518.71M | 26.71 | 12.72 | 22.39% | 7.01% | 13.25% | 0.01 | |
 NWPX | 1.07B | 111.20 | 31.24 | 6.83% | 7.66% | 10.73% | 0.26 | |
 PRIM | 5.5B | 101.37 | 20.19 | 18.97% | 3.31% | 15.21% | 0.76 | |
 MYRG | 7.08B | 454.78 | 60.40 | 8.79% | 3.71% | 22.14% | 0.16 | |
 GLDD | 1.14B | 17.00 | 15.74 | 16.47% | 8.27% | 14.83% | 0.89 | |
 MLM | 37.12B | 615.48 | 32.74 | 0.12% | 38.67% | 25.07% | 0.53 | |
 VMC | 38.37B | 295.72 | 36.42 | 6.94% | 13.88% | 13.07% | 0.63 | |
 NUE | 53.35B | 234.22 | 31.15 | 5.73% | 6.82% | 10.58% | 0.32 |
Compare PPIH vs Peers
Perma-Pipe International Holdings, Inc. (PPIH) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
PPIH Income Statement
Perma-Pipe International Holdings, Inc. (PPIH) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Jan'17 | Jan'18 | Jan'19 | Jan'20 | Jan'21 | Jan'22 | Jan'23 | Jan'24 | Jan'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 98.84M | 105.25M | 128.97M | 127.66M | 84.69M | 138.55M | 142.57M | 150.67M | 158.38M | 200.78M |
| Revenue Growth % | -19.44% | 6.48% | 22.53% | -1.01% | -33.66% | 63.59% | 2.9% | 5.68% | 5.12% | 30.74% |
| Cost of Goods Sold | 87.13M | 93.51M | 105.63M | 98.62M | 73.52M | 106.02M | 104.27M | 109.21M | 105.14M | 133.46M |
| COGS % of Revenue | 88.15% | 88.84% | 81.9% | 77.25% | 86.8% | 76.52% | 73.14% | 72.48% | 66.38% | - |
| Gross Profit | 11.72M▲ 0% | 11.74M▲ 0.2% | 23.34M▲ 98.8% | 29.05M▲ 24.5% | 11.18M▼ 61.5% | 32.53M▲ 191.0% | 38.3M▲ 17.7% | 41.46M▲ 8.2% | 53.25M▲ 28.4% | 67.32M▲ 0% |
| Gross Margin % | 11.85% | 11.16% | 18.1% | 22.75% | 13.2% | 23.48% | 26.86% | 27.52% | 33.62% | 33.53% |
| Gross Profit Growth % | -56.19% | 0.22% | 98.77% | 24.45% | -61.51% | 190.99% | 17.74% | 8.24% | 28.44% | - |
| Operating Expenses | 22.5M | 21.25M | 20.6M | 23.11M | 22.56M | 24.42M | 27.16M | 28.1M | 32.95M | 39.41M |
| OpEx % of Revenue | 22.77% | 20.19% | 15.97% | 18.1% | 26.63% | 17.62% | 19.05% | 18.65% | 20.8% | - |
| Selling, General & Admin | 23.3M | 21.25M | 20.6M | 24.16M | 22.56M | 24.42M | 27.16M | 28.1M | 32.95M | 39.41M |
| SG&A % of Revenue | 23.57% | 20.19% | 15.97% | 18.93% | 26.63% | 17.62% | 19.05% | 18.65% | 20.8% | - |
| Research & Development | 200K | 300K | 200K | 0 | 0 | 0 | 0 | 500K | 100K | 0 |
| R&D % of Revenue | 0.2% | 0.29% | 0.16% | - | - | - | - | 0.33% | 0.06% | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -100K | 0 |
| Operating Income | -11.58M▲ 0% | -9.51M▲ 17.9% | 2.72M▲ 128.6% | 4.88M▲ 79.3% | -11.38M▼ 333.1% | 8.11M▲ 171.3% | 11.14M▲ 37.4% | 13.36M▲ 19.9% | 20.3M▲ 52.0% | 27.92M▲ 0% |
| Operating Margin % | -11.72% | -9.04% | 2.11% | 3.82% | -13.43% | 5.85% | 7.82% | 8.87% | 12.82% | 13.9% |
| Operating Income Growth % | -502.5% | 17.89% | 128.62% | 79.32% | -333.09% | 171.29% | 37.39% | 19.88% | 51.96% | - |
| EBITDA | -6.06M | -4.48M | 7.3M | 9.32M | -6.42M | 12.44M | 14.79M | 17.19M | 20.19M | 31.74M |
| EBITDA Margin % | -6.13% | -4.26% | 5.66% | 7.3% | -7.58% | 8.97% | 10.37% | 11.41% | 12.75% | 15.81% |
| EBITDA Growth % | -168.84% | 26.09% | 262.84% | 27.7% | -168.94% | 293.57% | 18.94% | 16.22% | 17.48% | 37.16% |
| D&A (Non-Cash Add-back) | 5.52M | 5.03M | 4.58M | 4.44M | 4.95M | 4.32M | 3.65M | 3.83M | -107K | 3.82M |
| EBIT | -13.03M | -9.4M | 2.89M | 6.14M | -7.13M | 9.24M | 11.8M | 12.32M | 20.41M | 28.39M |
| Net Interest Income | -569K | -697K | -1.12M | -905K | -381K | -828K | -2.12M | -2.27M | -1.94M | -1.77M |
| Interest Income | 177K | 111K | 164K | 201K | 268K | 90K | 124K | 163K | 284K | 284K |
| Interest Expense | 746K | 808K | 1.29M | 1.11M | 649K | 918K | 2.24M | 2.43M | 2.22M | 2.05M |
| Other Income/Expense | -2.19M | -697K | -1.12M | 154K | 3.6M | 216K | -1.59M | -3.47M | -1.83M | -1.58M |
| Pretax Income | -13.77M▲ 0% | -10.21M▲ 25.9% | 1.6M▲ 115.7% | 5.04M▲ 214.7% | -7.78M▼ 254.4% | 8.33M▲ 207.1% | 9.56M▲ 14.8% | 9.89M▲ 3.5% | 18.47M▲ 86.7% | 26.34M▲ 0% |
| Pretax Margin % | -13.93% | -9.7% | 1.24% | 3.94% | -9.18% | 6.01% | 6.7% | 6.56% | 11.66% | 13.12% |
| Income Tax | -611K | -233K | 2.15M | 1.46M | -133K | 2.27M | 3.61M | -3.32M | 5.38M | 7.74M |
| Effective Tax Rate % | 4.44% | 2.28% | 134.38% | 28.98% | 1.71% | 27.2% | 37.8% | -33.57% | 29.12% | 29.4% |
| Net Income | -12.47M▲ 0% | -9.98M▲ 20.0% | -550K▲ 94.5% | 3.58M▲ 750.2% | -7.64M▼ 313.7% | 6.06M▲ 179.3% | 5.95M▼ 1.9% | 10.47M▲ 76.1% | 8.98M▼ 14.2% | 13.88M▲ 0% |
| Net Margin % | -12.62% | -9.48% | -0.43% | 2.8% | -9.02% | 4.38% | 4.17% | 6.95% | 5.67% | 6.91% |
| Net Income Growth % | -182.92% | 20.03% | 94.49% | 750.18% | -313.7% | 179.32% | -1.93% | 76.13% | -14.21% | -12.5% |
| Net Income (Continuing) | -13.16M | -9.98M | -550K | 3.58M | -7.64M | 6.06M | 5.95M | 13.21M | 13.09M | 18.59M |
| Discontinued Operations | 688K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.27M | 10.97M | 14.23M |
| EPS (Diluted) | -1.67▲ 0% | -1.30▲ 22.2% | -0.07▲ 94.6% | 0.43▲ 714.3% | -0.94▼ 318.6% | 0.72▲ 176.6% | 0.73▲ 1.4% | 1.30▲ 78.1% | 1.12▼ 13.8% | 1.70▲ 0% |
| EPS Growth % | -178.33% | 22.16% | 94.62% | 714.29% | -318.6% | 176.6% | 1.39% | 78.08% | -13.85% | -13.71% |
| EPS (Basic) | -1.67 | -1.30 | -0.07 | 0.45 | -0.94 | 0.75 | 0.75 | 1.31 | 1.13 | - |
| Diluted Shares Outstanding | 7.49M | 7.68M | 7.81M | 8.28M | 8.13M | 8.42M | 8.12M | 8.07M | 8.02M | 8.18M |
| Basic Shares Outstanding | 7.48M | 7.67M | 7.81M | 7.99M | 8.13M | 8.13M | 7.98M | 7.98M | 7.96M | 8.09M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
PPIH Balance Sheet
Perma-Pipe International Holdings, Inc. (PPIH) balance sheet — assets, liabilities & shareholders' equity
| Line item | Jan'17 | Jan'18 | Jan'19 | Jan'20 | Jan'21 | Jan'22 | Jan'23 | Jan'24 | Jan'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 57.82M | 62.32M | 62.96M | 64.25M | 53.88M | 78.39M | 85.66M | 98.82M | 108.8M | 151.58M |
| Cash & Short-Term Investments | 7.6M | 7.08M | 10.16M | 13.37M | 7.17M | 8.21M | 5.77M | 5.84M | 15.72M | 27.24M |
| Cash Only | 7.6M | 7.08M | 10.16M | 13.37M | 7.17M | 8.21M | 5.77M | 5.84M | 15.72M | 27.24M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 33.36M | 34.44M | 34.16M | 31.57M | 29.48M | 49.41M | 56.77M | 66.34M | 65.02M | 89.17M |
| Days Sales Outstanding | 123.19 | 119.43 | 96.68 | 90.26 | 127.05 | 130.18 | 145.34 | 160.71 | 149.84 | 139.26 |
| Inventory | 13.56M | 16.86M | 12.29M | 14.5M | 12.16M | 13.76M | 14.74M | 15.54M | 16.62M | 19.14M |
| Days Inventory Outstanding | 56.83 | 65.8 | 42.47 | 53.66 | 60.36 | 47.37 | 51.59 | 51.94 | 57.71 | 45.25 |
| Other Current Assets | 1.12M | 1.24M | 2.92M | 1.29M | 1.53M | 1.88M | 1.02M | 1.4M | 11.45M | 16.03M |
| Total Non-Current Assets | 43.79M | 42.27M | 39.24M | 47.97M | 48.82M | 45.01M | 37.31M | 56.89M | 56.44M | 65.41M |
| Property, Plant & Equipment | 36.27M | 34.51M | 30.4M | 40.1M | 40.28M | 35.97M | 31.05M | 44.09M | 43.56M | 54.33M |
| Fixed Asset Turnover | 2.72x | 3.05x | 4.24x | 3.18x | 2.10x | 3.85x | 4.59x | 3.42x | 3.64x | 4.15x |
| Goodwill | 2.28M | 2.42M | 2.27M | 2.25M | 2.33M | 2.34M | 2.23M | 2.22M | 2.06M | 2.13M |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | -147K | 3.2M | 3.5M | 2.1M | 2.7M | 4.3M | 2.9M | 0 | 2.6M | 2.6M |
| Other Non-Current Assets | 5.23M | 1.74M | 2.62M | 3.22M | 2.68M | 1.59M | 440K | 2.67M | 1.58M | -111.67M |
| Total Assets | 101.61M▲ 0% | 104.58M▲ 2.9% | 102.2M▼ 2.3% | 112.22M▲ 9.8% | 102.69M▼ 8.5% | 123.4M▲ 20.2% | 122.97M▼ 0.4% | 155.71M▲ 26.6% | 165.24M▲ 6.1% | 216.99M▲ 0% |
| Asset Turnover | 0.97x | 1.01x | 1.26x | 1.14x | 0.82x | 1.12x | 1.16x | 0.97x | 0.96x | 1.07x |
| Asset Growth % | -26.43% | 2.93% | -2.27% | 9.8% | -8.5% | 20.17% | -0.35% | 26.63% | 6.12% | 73.28% |
| Total Current Liabilities | 28M | 39.18M | 37.09M | 32.84M | 28.25M | 38.4M | 43.79M | 57.74M | 54.06M | 86.3M |
| Accounts Payable | 10.9M | 14.19M | 12.01M | 9.58M | 10.37M | 13.62M | 14.75M | 25.32M | 23.69M | 32.31M |
| Days Payables Outstanding | 45.67 | 55.37 | 41.49 | 35.45 | 51.46 | 46.88 | 51.65 | 84.63 | 82.25 | 67.77 |
| Short-Term Debt | 4.47M | 8.03M | 9.53M | 9.62M | 5.34M | 7.03M | 10.45M | 9.59M | 9.25M | 18.87M |
| Deferred Revenue (Current) | 1.1M | 1.97M | 1.57M | 1.17M | 762K | 1.28M | 3.69M | 3.36M | 3.75M | 29.9M |
| Other Current Liabilities | 4M | 6.06M | 3.78M | 4.04M | 2.88M | 2.87M | 2.49M | 7.03M | 0 | 10.31M |
| Current Ratio | 2.07x | 1.59x | 1.70x | 1.96x | 1.91x | 2.04x | 1.96x | 1.71x | 2.01x | 2.01x |
| Quick Ratio | 1.58x | 1.16x | 1.37x | 1.52x | 1.48x | 1.68x | 1.62x | 1.44x | 1.71x | 1.71x |
| Cash Conversion Cycle | 134.35 | 129.85 | 97.66 | 108.47 | 135.95 | 130.66 | 145.28 | 128.02 | 125.29 | 116.73 |
| Total Non-Current Liabilities | 14.2M | 13.59M | 13.42M | 23.76M | 25.13M | 30.55M | 21.39M | 25.99M | 28.07M | 30.7M |
| Long-Term Debt | 7.26M | 7.73M | 6.75M | 6.04M | 5.87M | 5.06M | 4.39M | 4.23M | 3.67M | 12.18M |
| Capital Lease Obligations | 0 | 0 | 0 | 11.89M | 13.57M | 20.6M | 13.47M | 18.06M | 19.26M | 67.93M |
| Deferred Tax Liabilities | 1.83M | 1.24M | 1.44M | 1.05M | 914K | 712K | 909K | 1.22M | 1.32M | 5.65M |
| Other Non-Current Liabilities | 5.11M | 4.62M | 5.23M | 4.77M | 4.77M | 4.18M | 2.63M | 2.49M | 3.82M | 18.05M |
| Total Liabilities | 42.2M | 52.77M | 49.84M | 56.6M | 53.38M | 68.94M | 65.18M | 83.73M | 82.14M | 117M |
| Total Debt | 11.73M | 15.75M | 16.28M | 29.01M | 27.61M | 34.54M | 29.22M | 32.79M | 33.25M | 42.8M |
| Net Debt | 4.13M | 8.67M | 6.13M | 15.63M | 20.44M | 26.32M | 23.45M | 26.95M | 17.53M | 2.9M |
| Debt / Equity | 0.20x | 0.30x | 0.31x | 0.52x | 0.56x | 0.63x | 0.51x | 0.46x | 0.40x | 0.40x |
| Debt / EBITDA | - | - | 2.23x | 3.11x | - | 2.78x | 1.98x | 1.91x | 1.65x | 1.35x |
| Net Debt / EBITDA | - | - | 0.84x | 1.68x | - | 2.12x | 1.59x | 1.57x | 0.87x | 0.87x |
| Interest Coverage | -15.53x | -11.77x | 2.12x | 4.41x | -17.53x | 8.84x | 4.97x | 5.50x | 9.13x | 13.83x |
| Total Equity | 59.41M▲ 0% | 51.81M▼ 12.8% | 52.36M▲ 1.1% | 55.63M▲ 6.2% | 49.31M▼ 11.4% | 54.46M▲ 10.4% | 57.78M▲ 6.1% | 71.98M▲ 24.6% | 83.11M▲ 15.5% | 99.99M▲ 0% |
| Equity Growth % | -13.93% | -12.79% | 1.06% | 6.24% | -11.35% | 10.43% | 6.11% | 24.56% | 15.46% | 84.94% |
| Book Value per Share | 7.93 | 6.75 | 6.70 | 6.72 | 6.07 | 6.47 | 7.12 | 8.92 | 10.37 | 12.22 |
| Total Shareholders' Equity | 59.41M | 51.81M | 52.36M | 55.63M | 49.31M | 54.46M | 57.78M | 65.71M | 72.14M | 85.75M |
| Common Stock | 76K | 77K | 79K | 80K | 82K | 82K | 80K | 80K | 80K | 81K |
| Retained Earnings | 6.87M | -3.1M | -3.63M | -715K | -8.36M | -2.29M | 1.62M | 12.09M | 20.1M | 32.22M |
| Treasury Stock | -170K | 0 | 0 | 0 | 0 | -1.99M | -26K | -968K | 0 | 0 |
| Accumulated OCI | -2.72M | -1.47M | -2.88M | -3.76M | -3.29M | -3.1M | -6.45M | -5.55M | -8.2M | -7.85M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.27M | 10.97M | 14.23M |
PPIH Cash Flow Statement
Perma-Pipe International Holdings, Inc. (PPIH) cash flow — operating, investing & free cash flow history
| Line item | Jan'17 | Jan'18 | Jan'19 | Jan'20 | Jan'21 | Jan'22 | Jan'23 | Jan'24 | Jan'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -4.23M | -1.84M | 4.98M | 4.09M | 165K | -2.57M | -1.24M | 14.73M | 13.93M | 13.93M |
| Operating CF Margin % | -4.28% | -1.75% | 3.86% | 3.2% | 0.19% | -1.86% | -0.87% | 9.78% | 8.79% | - |
| Operating CF Growth % | -46.05% | 56.46% | 370.25% | -17.84% | -95.97% | -1660% | 51.79% | 1287.03% | -5.45% | 1141.28% |
| Net Income | -11.68M | -9.98M | -529K | 3.58M | -7.64M | 6.06M | 5.95M | 10.47M | 13.09M | 13.88M |
| Depreciation & Amortization | 5.52M | 5.03M | 4.58M | 4.44M | 4.74M | 4.32M | 3.65M | 3.83M | 3.63M | 3.82M |
| Stock-Based Compensation | 389K | 1.45M | 1.17M | 1.01M | 1.04M | 1.1M | 1M | 913K | 860K | 2.24M |
| Deferred Taxes | -33K | -958K | 215K | -213K | -669K | -195K | 479K | -6.92M | 1.62M | 2.24M |
| Other Non-Cash Items | 1.72M | -74K | 117K | 419K | 130K | 61K | 985K | 2.82M | 296K | 451K |
| Working Capital Changes | -153K | 2.69M | -565K | -5.14M | 2.56M | -13.93M | -13.3M | 3.61M | -5.57M | -5.36M |
| Change in Receivables | 13.7M | -1.08M | -354K | 1.75M | 3.39M | -21.33M | -3.23M | -11.13M | 394K | -27.16M |
| Change in Inventory | 5.45M | -3.27M | 4.36M | -2.23M | 2.42M | -1.62M | -1.5M | -830K | -1.82M | -3.67M |
| Change in Payables | -1.92M | 4.55M | -3.58M | -2.61M | 730K | 3.2M | 1.09M | 8.81M | -1.17M | 10.75M |
| Cash from Investing | 10.22M | -2.39M | -1.36M | -1.9M | -1.96M | -2.25M | -6.38M | -11.1M | -2.85M | -9.7M |
| Capital Expenditures | -2.26M | -2.53M | -1.36M | -1.9M | -1.96M | -2.26M | -6.97M | -11.11M | -2.88M | -9.73M |
| CapEx % of Revenue | 2.28% | 2.41% | 1.06% | 1.49% | 2.32% | 1.63% | 4.89% | 7.37% | 1.82% | - |
| Acquisitions | 4.93M | 1K | 0 | 0 | 2K | 9K | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 2.1M | 1K | 0 | 0 | 2K | 9K | 593K | 8K | 27K | 27K |
| Cash from Financing | -14.95M | 3.46M | 1.13M | -301K | -4.14M | 6.23M | 4.54M | -3.26M | -907K | 1.86M |
| Debt Issued (Net) | -15.04M | 3.47M | 1.38M | -393K | -3.95M | 8.38M | 4.78M | -1.84M | -774K | 2.24M |
| Equity Issued (Net) | 120K | 170K | 0 | 0 | -191K | -1000K | -275K | -942K | -179K | -295K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | -191K | -1.99M | -69K | -942K | -179K | -295K |
| Other Financing | -26K | -180K | -243K | 92K | 0 | 58K | 42K | -470K | 46K | -77K |
| Net Change in Cash | -9.03M▲ 0% | -380K▲ 95.8% | 4.42M▲ 1262.1% | 1.92M▼ 56.5% | -6.28M▼ 427.1% | 1.4M▲ 122.2% | -2.98M▼ 313.3% | 447K▲ 115.0% | 9.88M▲ 2109.6% | 13.92M▲ 0% |
| Free Cash Flow | -6.49M▲ 0% | -4.37M▲ 32.6% | 3.62M▲ 182.7% | 2.19M▼ 39.5% | -1.8M▼ 182.2% | -4.84M▼ 169.0% | -8.22M▼ 69.9% | 3.63M▲ 144.1% | 11.05M▲ 204.9% | 12.27M▲ 0% |
| FCF Margin % | -6.56% | -4.16% | 2.8% | 1.71% | -2.12% | -3.49% | -5.76% | 2.41% | 6.98% | 6.11% |
| FCF Growth % | 30.64% | 32.58% | 182.69% | -39.51% | -182.18% | -168.97% | -69.89% | 144.12% | 204.91% | 26.42% |
| FCF per Share | -0.87 | -0.57 | 0.46 | 0.26 | -0.22 | -0.57 | -1.01 | 0.45 | 1.38 | 1.38 |
| FCF Conversion (FCF/Net Income) | 0.34x | 0.18x | -9.05x | 1.14x | -0.02x | -0.42x | -0.21x | 1.41x | 1.55x | 0.88x |
| Interest Paid | 773K | 804K | 1.3M | 902K | 540K | 791K | 2.04M | 2.29M | 1.93M | 1.27M |
| Taxes Paid | 1.38M | 1.08M | 1.73M | 2.11M | 107K | 1.35M | 2.48M | 3.28M | 3.71M | 2.19M |
PPIH Key Ratios
Perma-Pipe International Holdings, Inc. (PPIH) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -19.42% | -17.94% | -1.06% | 6.62% | -14.56% | 11.68% | 10.59% | 16.14% | 11.58% | 13.88% |
| Return on Invested Capital (ROIC) | -13.22% | -11.5% | 3.43% | 5.64% | -12.1% | 8.08% | 10.32% | 11.12% | 15.26% | 15.26% |
| Gross Margin | 11.85% | 11.16% | 18.1% | 22.75% | 13.2% | 23.48% | 26.86% | 27.52% | 33.62% | 33.53% |
| Net Margin | -12.62% | -9.48% | -0.43% | 2.8% | -9.02% | 4.38% | 4.17% | 6.95% | 5.67% | 6.91% |
| Debt / Equity | 0.20x | 0.30x | 0.31x | 0.52x | 0.56x | 0.63x | 0.51x | 0.46x | 0.40x | 0.40x |
| Interest Coverage | -15.53x | -11.77x | 2.12x | 4.41x | -17.53x | 8.84x | 4.97x | 5.50x | 9.13x | 13.83x |
| FCF Conversion | 0.34x | 0.18x | -9.05x | 1.14x | -0.02x | -0.42x | -0.21x | 1.41x | 1.55x | 0.88x |
| Revenue Growth | -19.44% | 6.48% | 22.53% | -1.01% | -33.66% | 63.59% | 2.9% | 5.68% | 5.12% | 30.74% |
PPIH SEC Filings & Documents
Perma-Pipe International Holdings, Inc. (PPIH) SEC filings — annual & quarterly reports (10-K, 10-Q)
PPIH Frequently Asked Questions
Perma-Pipe International Holdings, Inc. (PPIH) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Perma-Pipe International Holdings, Inc. (PPIH) reported $200.8M in revenue for fiscal year 2024. This represents a 134% increase from $85.8M in 1995.
Perma-Pipe International Holdings, Inc. (PPIH) grew revenue by 5.1% over the past year. This is steady growth.
Yes, Perma-Pipe International Holdings, Inc. (PPIH) is profitable, generating $13.9M in net income for fiscal year 2024 (5.7% net margin).
Dividend & Returns
Perma-Pipe International Holdings, Inc. (PPIH) has a return on equity (ROE) of 11.6%. This is reasonable for most industries.
Perma-Pipe International Holdings, Inc. (PPIH) generated $12.3M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
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