Perma-Pipe International Holdings Inc logo

Perma-Pipe International Holdings Inc

PPIH
Last price US$25.17
Market cap US$206.6m
12M price change 8.30%
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Perma-Pipe International Holdings Inc Overview

Industry: Oil & Gas Related Equipment and Services

Sector: Energy

Perma-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. Perma-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 Read More

Mavefund brings filings, fundamentals, valuation, price history and news for Perma-Pipe International Holdings Inc into one research view. The sections below show what strengthens or weakens the research case.

Score

Reported Results

What the company reported, with filing details kept small.

Filed Jun 09, 2026

Quarterly result summary

Net sales was $50.3M (+8% YoY). Operating income was $4.6M (-41% YoY). Net income was $2.6M (-56% YoY).

Net sales $50.3M +8% YoY
Operating income $4.6M -41% YoY
Net income $2.6M -56% YoY

What changed

  • Net sales +8% YoY to $50.3M.
  • Operating income -41% YoY to $4.6M.
  • Net income -56% YoY to $2.6M.

Guidance / outlook

we expect project execution to normalize over the coming quarters.

Earnings release Open filing

Source: SEC EDGAR company-filed earnings materials. Dates are shown only for verification; review the source filing before relying on extracted report details.

Other recent earnings materials

Prediction-grade evidence

Recent News

Company-relevant articles from sources that pass the Mave Signal relevance and reliability checks.

Earnings Per Share

Score 4.00/5
Perma-Pipe International Holdings Inc boasts a high score, as its Earnings Per Share (EPS) has demonstrated consistent growth over the past six years. Notable counterparts in the sector with high scores includes Texas Pacific Land Corp ENTERPRISE PRODUCTS PARTNERS L.P. Antero Midstream Corp
In Oil & Gas Related Equipment and Services industry , Kinder Morgan Inc , Patterson-UTI Energy Inc , Green Plains Partners LP are companies with high ratings.

Return on Equity

Score 2.49/5
Perma-Pipe International Holdings Inc exhibits a lower score in the Return on Equity (ROE) section, falling below the sector median value and indicating a comparatively weaker performance in this metric. The top companies in the same sector include Texas Pacific Land Corp ENTERPRISE PRODUCTS PARTNERS L.P. Antero Midstream Corp
Perma-Pipe I... PPIH US$206.6m
Texas Pacifi... TPL US$28.9b
ENTERPRISE P... EPD US$81.5b
Antero Midst... AM US$10.6b

Net Margin

Score 3.49/5
Perma-Pipe International Holdings Inc commands a high score, propelled by its net margin consistently outpacing the sector median value and exhibiting continuous growth in recent six years; noteworthy counterparts in the sector, boasting similarly high scores, include Texas Pacific Land Corp ENTERPRISE PRODUCTS PARTNERS L.P. Antero Midstream Corp
Perma-Pipe I... PPIH US$206.6m
Texas Pacifi... TPL US$28.9b
ENTERPRISE P... EPD US$81.5b
Antero Midst... AM US$10.6b

Share Buyback

In Oil & Gas Related Equipment and Services industry , Kinder Morgan Inc , Patterson-UTI Energy Inc , Green Plains Partners LP are companies with high ratings.

Leverage

Score 2.43/5
Perma-Pipe International Holdings Inc registers a lower score in the category as a result of its elevated leverage ratio over the past six years compared to the sector median value. Conversely, other companies in the same sector, including Texas Pacific Land Corp ENTERPRISE PRODUCTS PARTNERS L.P. Antero Midstream Corp have achieved high scores.
Perma-Pipe I... PPIH US$206.6m
Texas Pacifi... TPL US$28.9b
ENTERPRISE P... EPD US$81.5b
Antero Midst... AM US$10.6b

Financial Statements

Company-reported SEC EDGAR facts organized into the three core statements.

Verified SEC statements load when this section enters view.

Source: SEC EDGAR companyfacts. Values are standardized company filings for research support, not personalized financial advice.

Financial Ratio

Yearly Quarterly

Financial
Profitability
Growth
Cash Flow
Financial Health
Efficiency Ratios

Perma-Pipe International Holdings Inc logo

Perma-Pipe International Holdings Inc

US$25.17

US$206.6m

-1.10%

8.30%