Perma-Pipe International Holdings (PPIH) Debt Ratio (2011 - 2026)
Perma-Pipe International Holdings' (PPIH) quarterly Debt Ratio came in at 0.13 in Q2 2026, up 203.89% YoY from 0.04 in Q2 2025, and up 20.86% on a QoQ basis from 0.11 in Q1 2026.
Perma-Pipe International Holdings (PPIH) Debt Ratio (2011 - 2026) Analysis & Trends
Perma-Pipe International Holdings' Debt Ratio history runs 16 years deep, the most recent figure standing at 0.13 for Q2 2026.
- On a quarterly basis, Debt Ratio rose 203.89% year-over-year to 0.13 in Q2 2026; TTM through Apr 2026 was 0.13, a 203.89% increase from a year earlier, with the FY2026 full-year figure at 0.11, up 41.26% from the prior year.
- Debt Ratio was 0.13 for Q2 2026 at Perma-Pipe International Holdings, up from 0.11 in the prior quarter.
- Over the last five years, Debt Ratio for PPIH reached as high as 0.14 in Q4 2025 and fell as low as 0.03 in Q1 2024.
- A 5-year average of 0.08 and a median of 0.08 in 2023 frame the typical range for Debt Ratio.
- The widest annual swing landed in 2024, when Debt Ratio plunged 61.05%; it then jumped 203.89% in 2026.
- Tracing PPIH's Debt Ratio over 5 years: stood at 0.09 in 2022, then retreated by 14.34% to 0.08 in 2023, then slipped by 0.38% to 0.08 in 2024, then jumped by 75.76% to 0.14 in 2025, then declined by 2.65% to 0.13 in 2026.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.13, 0.11, and 0.14 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 107.22 Bn | 106.17 Bn | 1.73 Bn | 0.20 |
| 2 | Johnson Controls International | 89.13 Bn | 88.60 Bn | 2.07 Bn | 0.24 |
| 3 | Carrier Global | 60.07 Bn | 59.04 Bn | 4.82 Bn | 0.33 |
| 4 | Lennox International | 18.56 Bn | 18.51 Bn | 351.30 Mn | 0.27 |
| 5 | Masco | 15.26 Bn | 15.14 Bn | 686.00 Mn | 0.56 |
| 6 | Carlisle Companies | 14.75 Bn | 13.98 Bn | 363.20 Mn | 0.48 |
| 7 | SPX Technologies | 12.03 Bn | 11.87 Bn | 230.60 Mn | 0.17 |
| 8 | Advanced Drainage Systems | 11.45 Bn | 11.30 Bn | 237.66 Mn | 0.36 |
| 9 | Aaon | 11.16 Bn | 11.16 Bn | 109.77 Mn | 0.24 |
| 10 | Perma-Pipe International Holdings | 234.43 Mn | 219.08 Mn | 14.64 Mn | 0.13 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 0.13 |
| Jan 31, 2026 | 0.11 |
| Oct 31, 2025 | 0.14 |
| Jul 31, 2025 | 0.05 |
| Apr 30, 2025 | 0.04 |
| Jan 31, 2025 | 0.08 |
| Oct 31, 2024 | 0.08 |
| Jul 31, 2024 | 0.09 |
| Apr 30, 2024 | 0.07 |
| Jan 31, 2024 | 0.03 |
| Oct 31, 2023 | 0.08 |
| Jul 31, 2023 | 0.09 |
| Apr 30, 2023 | 0.11 |
| Jan 31, 2023 | 0.07 |
| Oct 31, 2022 | 0.09 |
| Jul 31, 2022 | 0.10 |
| Apr 30, 2022 | 0.08 |
| Jan 31, 2022 | 0.05 |
| Oct 31, 2021 | 0.08 |
| Jul 31, 2021 | 0.07 |