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Perma-Pipe International(NASDAQ) PPIH

Market Cap$233.56MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (1990)+256%
5 Year+226%
1 Year+5%
1 Month-6%
Premium Feature
Moneyball Superscore
54/100
$28.46
-0.14%
-0.04Today
Perma-Pipe International last closing stock price
MetricPriceDate
Last closeUSD 28.502026-10-22
Perma-Pipe International stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-2.63%USD 29.272026-10-15
1 month-6.03%USD 30.332026-09-22
3 month+13.5%USD 25.112026-07-24
Year to date-6.13%USD 30.362025-12-31
1 year+4.64%USD 27.242025-10-22
3 year+322.22%USD 6.752023-10-23
5 year+225.71%USD 8.752021-10-22
Since inception+256.25%USD 8.001990-05-15

Perma-Pipe International Financials at a Glance

Market Cap

$233.56MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$226.11M

Net Income (TTM)

$15.58M

EPS (TTM)

$1.90

P/E Ratio

15.01

Dividend

$0.00

Beta (Volatility)

0.67 (Low)

Price

$28.46

Volume

22,997.545

Open

$28.21

Previous Close

$28.50

Daily Range

$28.00 - $28.63

52-Week Range

$23.01 - $36.72

Estimated Earnings Date

Dec 10, 2026

PPIH News

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Prediction: This Small, Little-Known Stock Could Skyrocket, Driven By Post-Iran War Rebuilding and Surging AI Data Center Buildouts

Beth McKennaApr 21, 2026
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Perma-Pipe Revenue Up 28% in Fiscal Q2

Motley Fool Markets TeamSep 15, 2025

PPIH: Motley Fool Moneyball Superscore

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About Perma-Pipe International

Perma-Pipe International Holdings, Inc. NASDAQ:PPIH makes safe liquid piping. These systems help cities and plants distribute energy. Other products prevent leaks of dangerous chemicals.

Moving Fluids Safely

  • District Energy Systems: Insulated piping that carries hot or cold water from central plants to buildings.
  • Containment Piping: Double-walled pipes designed to prevent leaks of hazardous chemicals and petroleum products.
  • Oil and Gas Coating: Protective layers applied to the inside and outside of steel pipes to prevent rust.
  • Leak Detection: Technology that monitors pipelines to find and alert operators of potential spills.

Building New Capacity

  • Formed a joint venture with Gulf Insulation Group in June 2023 to broaden its market reach.
  • Launched a new manufacturing facility in Ohio during the six months ended July 31, 2026.
  • Expanded operations in Qatar to support ongoing infrastructure projects in the region.
  • Secured a $75 million revolving credit facility and term loan in August 2026 to support general corporate purposes.

A Global Infrastructure Partner

Perma-Pipe maintains an international footprint with facilities across North America, the Middle East, Europe, and India. The company focuses on large-scale projects that require specialized engineering for extreme temperatures and hazardous materials.

What the Numbers Show

  • Net sales were $59.6 million for the three months ended July 31, 2026, an increase of $11.7 million from the prior year period.
  • Gross profit reached $32.0 million for the six months ended July 31, 2026, representing 29% of net sales.
  • Net income attributable to common stock was $2.5 million for the three months ended July 31, 2026.
  • Cash and cash equivalents were $31.8 million as of July 31, 2026, compared to $18.7 million on Jan. 31, 2026.

How the Company Evolves

Perma-Pipe has evolved from a regional supplier to a global provider of specialized piping systems for energy and industrial sectors. Its international manufacturing base and engineering expertise help it manage complex infrastructure projects.

AI Generated • Sep 10, 2026

Industry

Machinery

Sector

Industrials

Employees

909

CEO

Saleh Sagr

Website

www.permapipe.com

Headquarters

The Woodlands, TX 77381, US

PPIH Financials

Key Financial Metrics (TTM)

Gross Margin

31.13%

Operating Margin

12.06%

Net Income Margin

6.89%

Return on Equity

17.21%

Return on Capital

21.42%

Return on Assets

6.70%

Earnings Yield

6.66%

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

$233.56MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

8.20M

Volume

23.00K

Avg. Volume

79.80K

Financials (TTM)

Gross Profit

$70.38M

Operating Income

$27.26M

EBITDA

$33.45M

Operating Cash Flow

$23.82M

Capital Expenditure

-$10.18M

Free Cash Flow

$13.65M

Cash & ST Invst.

$31.78M

Total Debt

$53.04M

Perma-Pipe International Performance Analysis

Perma-Pipe International annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20232023-01-31USD 142,569,0002.9%
20242024-01-31USD 150,668,0005.7%
20252025-01-31USD 158,384,0005.1%
20262026-01-31USD 210,925,00033.2%
Perma-Pipe International sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-10-3127.7%
Q42026-01-31-9.8%
Q12026-04-30-8.8%
Q22026-07-3118.5%
Perma-Pipe International annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20232023-01-31USD 0.731.7%
20242024-01-31USD 1.3077.1%
20252025-01-31USD 1.12-13.6%
20262026-01-31USD 2.0986.5%
Perma-Pipe International sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-10-31670.0%
Q42026-01-31-22.1%
Q12026-04-30-63.3%
Q22026-07-3140.9%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

$59.57M

+24.4%

Gross Profit

$17.41M

+20.7%

Gross Margin

29.22%

N/A

Market Cap

$233.56MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$256.94K

N/A

Employees

909

N/A

Net Income

$2.55M

+199.3%

EBITDA

$5.95M

+44.4%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

$31.78M

+84.1%

Total Debt

$53.04M

+20.5%

Accounts Receivable

$92.99M

+18.5%

Inventory

$0.00

-100.0%

Long Term Debt

$44.70M

+87.8%

Short Term Debt

$8.35M

-58.7%

Return on Assets

6.70%

N/A

Return on Invested Capital

16.78%

N/A

Free Cash Flow

$5.28M

+214.9%

Operating Cash Flow

$7.24M

+454.6%

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Questions About PPIH

What is the current price of Perma-Pipe International?

Perma-Pipe International is trading at $28.46 per share.

What is the 52-week range for Perma-Pipe International?

Over the past 52 weeks, Perma-Pipe International has traded between $23.01 and $36.72.

How much debt does Perma-Pipe International have?

As of the most recent reporting period, Perma-Pipe International reported total debt of $53.04M.

How much cash does Perma-Pipe International have on hand?

Perma-Pipe International reported $34.75M in cash and cash equivalents in its most recent financial results.

What is Perma-Pipe International’s dividend yield?

Perma-Pipe International does not currently have a dividend yield.

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