Growth Metrics

Perma-Pipe International Holdings (PPIH) Change in Inventory (2010 - 2026)

Perma-Pipe International Holdings posted quarterly Change in Inventory of -$1.5 million for Q1 2026, down 272.61% year-on-year from $847000.0 in Q1 2025, and down 144.1% on a QoQ basis from $3.3 million in Q4 2025.

Perma-Pipe International Holdings (PPIH) has 17 years of Change in Inventory data on file, last reported at -$1.5 million in Q1 2026.

  • For the quarter ending Q1 2026, Change in Inventory fell 272.61% year-over-year to -$1.5 million; the trailing twelve-month figure through Jan 2026 stood at $1.4 million (down 25.15% YoY), and the FY2026 full-year result was $1.4 million, down 25.15% from the prior year.
  • Change in Inventory for Q1 2026 stood at -$1.5 million, down from $3.3 million in the prior quarter.
  • Across five years, Change in Inventory topped out at $3.3 million in Q4 2025 and bottomed at -$1.9 million in Q2 2025.
  • The 5-year median for Change in Inventory is $359000.0 (2024), against an average of $228764.7.
  • The widest annual swing landed in 2022, when Change in Inventory plunged 4537.14%; it then jumped 1959.01% in 2025.
  • A 5-year view of Change in Inventory shows it stood at -$1.2 million in 2022, then soared by 290.59% to $2.3 million in 2023, then slumped by 93.02% to $161000.0 in 2024, then surged by 1959.01% to $3.3 million in 2025, then plunged by 144.1% to -$1.5 million in 2026.
  • The last three Change in Inventory figures came in at -$1.5 million (Q1 2026), $3.3 million (Q4 2025), and $1.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Trane Technologies 99.95 Bn 98.89 Bn 1.73 Bn -
2 Johnson Controls International 84.54 Bn 84.01 Bn 2.07 Bn 112.00 Mn
3 Carrier Global 52.72 Bn 51.70 Bn 4.82 Bn 138.00 Mn
4 Lennox International 16.87 Bn 16.82 Bn 351.30 Mn 62.60 Mn
5 Masco 13.72 Bn 13.60 Bn 686.00 Mn 29.00 Mn
6 Carlisle Companies 13.62 Bn 12.85 Bn 363.20 Mn 34.60 Mn
7 Aaon 10.97 Bn 10.97 Bn 109.77 Mn 9.77 Mn
8 SPX Technologies 10.37 Bn 10.22 Bn 230.60 Mn 35.30 Mn
9 Advanced Drainage Systems 10.34 Bn 10.19 Bn 237.66 Mn 32.01 Mn
10 Perma-Pipe International Holdings 251.39 Mn 244.76 Mn 17.34 Mn -1.46 Mn

Historic Data

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DateValue
Jan 31, 2026 -1.46 Mn
Jan 31, 2026 -1.46 Mn
Oct 31, 2025 3.32 Mn
Oct 31, 2025 3.32 Mn
Jul 31, 2025 1.38 Mn
Jul 31, 2025 1.38 Mn
Apr 30, 2025 -1.87 Mn
Apr 30, 2025 -1.87 Mn
Jan 31, 2025 847,000.00
Jan 31, 2025 847,000.00
Oct 31, 2024 161,000.00
Oct 31, 2024 161,000.00
Jul 31, 2024 450,000.00
Jul 31, 2024 450,000.00
Apr 30, 2024 359,000.00
Apr 30, 2024 359,000.00
Jan 31, 2024 -596,000.00
Jan 31, 2024 -596,000.00
Oct 31, 2023 2.31 Mn
Oct 31, 2023 2.31 Mn
Jul 31, 2023 931,000.00
Jul 31, 2023 931,000.00
Apr 30, 2023 -1.81 Mn
Apr 30, 2023 -1.81 Mn
Jan 31, 2023 -40,000.00
Jan 31, 2023 -40,000.00
Oct 31, 2022 -1.21 Mn
Oct 31, 2022 -1.21 Mn
Jul 31, 2022 939,000.00
Jul 31, 2022 939,000.00
Apr 30, 2022 1.82 Mn
Apr 30, 2022 1.82 Mn
Jan 31, 2022 -1.62 Mn
Jan 31, 2022 -1.62 Mn
Oct 31, 2021 820,000.00
Oct 31, 2021 820,000.00
Jul 31, 2021 -452,000.00
Jul 31, 2021 -452,000.00
Apr 30, 2021 2.87 Mn
Apr 30, 2021 2.87 Mn
Jan 31, 2021 -35,000.00
Jan 31, 2021 -35,000.00
Oct 31, 2020 -68,000.00
Oct 31, 2020 -68,000.00
Jul 31, 2020 -1.85 Mn
Jul 31, 2020 -1.85 Mn
Apr 30, 2020 -468,000.00
Apr 30, 2020 -468,000.00
Jan 31, 2020 -1.76 Mn
Jan 31, 2020 -1.76 Mn
Oct 31, 2019 -258,000.00
Oct 31, 2019 -258,000.00
Jul 31, 2019 368,000.00
Jul 31, 2019 368,000.00
Apr 30, 2019 3.87 Mn
Apr 30, 2019 3.87 Mn
Jan 31, 2019 -2.09 Mn
Jan 31, 2019 -2.09 Mn
Oct 31, 2018 -284,000.00
Oct 31, 2018 -284,000.00
Jul 31, 2018 -1.05 Mn
Jul 31, 2018 -1.05 Mn
Apr 30, 2018 -934,000.00
Apr 30, 2018 -934,000.00
Jan 31, 2018 2.90 Mn
Jan 31, 2018 2.90 Mn
Oct 31, 2017 -1.94 Mn
Oct 31, 2017 -1.94 Mn
Jul 31, 2017 542,000.00
Jul 31, 2017 542,000.00
Apr 30, 2017 1.78 Mn
Apr 30, 2017 1.78 Mn
Jan 31, 2017 -743,000.00
Jan 31, 2017 -743,000.00
Oct 31, 2016 295,000.00
Oct 31, 2016 295,000.00
Jul 31, 2016 -1.66 Mn
Jul 31, 2016 -1.66 Mn
Apr 30, 2016 -3.34 Mn
Apr 30, 2016 -3.34 Mn
Jan 31, 2016 -9.71 Mn
Jan 31, 2016 -9.71 Mn
Oct 31, 2015 420,000.00
Oct 31, 2015 420,000.00
Jul 31, 2015 5.23 Mn
Jul 31, 2015 5.23 Mn
Apr 30, 2015 34,000.00
Apr 30, 2015 34,000.00
Jan 31, 2015 -816,000.00
Jan 31, 2015 -816,000.00
Oct 31, 2014 -1.13 Mn
Oct 31, 2014 -1.13 Mn
Jul 31, 2014 -2.33 Mn
Jul 31, 2014 -2.33 Mn
Apr 30, 2014 1.03 Mn
Apr 30, 2014 1.03 Mn
Jan 31, 2014 -5.56 Mn
Jan 31, 2014 -5.56 Mn
Oct 31, 2013 645,000.00
Oct 31, 2013 645,000.00
Jul 31, 2013 -884,000.00
Jul 31, 2013 -884,000.00
Apr 30, 2013 -2.81 Mn
Apr 30, 2013 -2.81 Mn
Jan 31, 2013 3.38 Mn
Jan 31, 2013 3.38 Mn
Oct 31, 2012 -2.20 Mn
Oct 31, 2012 -2.20 Mn
Jul 31, 2012 -563,000.00
Jul 31, 2012 -563,000.00
Apr 30, 2012 1.46 Mn
Apr 30, 2012 1.46 Mn
Jan 31, 2012 1.14 Mn
Jan 31, 2012 1.14 Mn
Oct 31, 2011 -1.54 Mn
Oct 31, 2011 -1.54 Mn
Jul 31, 2011 3.49 Mn
Jul 31, 2011 3.49 Mn
Apr 30, 2011 1.59 Mn
Apr 30, 2011 1.59 Mn
Jan 31, 2011 -2.91 Mn
Jan 31, 2011 -2.91 Mn
Oct 31, 2010 570,000.00
Oct 31, 2010 570,000.00