Perma-Pipe International Holdings (PPIH) Asset Utilization Ratio (2011 - 2026)
Perma-Pipe International Holdings' (PPIH) quarterly Asset Utilization Ratio came in at 0.98 in Q2 2026, down 1.77% on a YoY basis from 0.99 in Q2 2025, and up 0.6% quarter-over-quarter from 0.97 in Q1 2026.
Analysis
Perma-Pipe International Holdings (PPIH) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
Perma-Pipe International Holdings (PPIH) has reported Asset Utilization Ratio for 16 consecutive years, with 0.98 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Asset Utilization Ratio fell 1.77% year-over-year to 0.98; the trailing twelve-month figure through Apr 2026 stood at 0.98 (down 1.77% YoY), and the FY2026 full-year result was 1.1, up 11.68% from the prior year.
- Asset Utilization Ratio climbed to 0.98 in Q2 2026 per PPIH's latest filing, from 0.97 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 1.18 in Q2 2022 and bottomed at 0.96 in Q4 2024.
- Historically, Asset Utilization Ratio has averaged 1.04 across 5 years, with a median of 1.01 in 2024.
- The sharpest annual moves came in 2022 and 2024: Asset Utilization Ratio soared 47.0% in 2022, then slipped 12.37% in 2024.
- Over 5 years, Asset Utilization Ratio stood at 1.13 in 2022, then slipped by 9.8% to 1.02 in 2023, then fell by 5.65% to 0.96 in 2024, then gained by 2.57% to 0.99 in 2025, then slipped by 1.25% to 0.98 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.98, 0.97, and 0.99 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Parker-Hannifin | 117.96 Bn | 117.45 Bn | 2.25 Bn | 0.70 |
| 2 | Emerson Electric | 82.85 Bn | 80.67 Bn | 2.66 Bn | 0.44 |
| 3 | Ingersoll Rand | 28.47 Bn | 27.30 Bn | 862.60 Mn | 0.44 |
| 4 | Itt | 17.56 Bn | 16.97 Bn | 510.10 Mn | 0.43 |
| 5 | Idex | 16.38 Bn | 15.76 Bn | 426.80 Mn | 0.52 |
| 6 | Graco | 12.43 Bn | 11.93 Bn | 316.94 Mn | 0.70 |
| 7 | Watts Water Technologies | 11.74 Bn | 11.40 Bn | 374.10 Mn | 0.91 |
| 8 | Flowserve | 9.30 Bn | 8.57 Bn | 384.73 Mn | 0.77 |
| 9 | Pentair | 9.12 Bn | 9.03 Bn | 395.00 Mn | 0.58 |
| 10 | Perma-Pipe International Holdings | 239.30 Mn | 207.46 Mn | 14.64 Mn | 0.98 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 0.98 |
| Jan 31, 2026 | 0.97 |
| Oct 31, 2025 | 0.99 |
| Jul 31, 2025 | 0.99 |
| Apr 30, 2025 | 0.99 |
| Jan 31, 2025 | 0.97 |
| Oct 31, 2024 | 0.96 |
| Jul 31, 2024 | 1.01 |
| Apr 30, 2024 | 1.00 |
| Jan 31, 2024 | 1.00 |
| Oct 31, 2023 | 1.02 |
| Jul 31, 2023 | 1.04 |
| Apr 30, 2023 | 1.14 |
| Jan 31, 2023 | 1.15 |
| Oct 31, 2022 | 1.13 |
| Jul 31, 2022 | 1.13 |
| Apr 30, 2022 | 1.18 |
| Jan 31, 2022 | 1.13 |
| Oct 31, 2021 | 0.99 |
| Jul 31, 2021 | 0.91 |