Perma-Pipe International Holdings (PPIH) Debt Ratio (2011 - 2026)
Perma-Pipe International Holdings posted quarterly Debt Ratio of 0.11 for Q1 2026, up 41.26% year-on-year from 0.08 in Q1 2025, and down 19.46% on a QoQ basis from 0.14 in Q4 2025.
Perma-Pipe International Holdings (PPIH) has 16 years of Debt Ratio data on file, last reported at 0.11 in Q1 2026.
- For the quarter ending Q1 2026, Debt Ratio rose 41.26% year-over-year to 0.11; the trailing twelve-month figure through Jan 2026 stood at 0.11 (up 41.26% YoY), and the FY2026 full-year result was 0.11, up 41.26% from the prior year.
- Debt Ratio for Q1 2026 stood at 0.11, down from 0.14 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.14 in Q4 2025 and bottomed at 0.03 in Q1 2024.
- The 5-year median for Debt Ratio is 0.09 (2023), against an average of 0.08.
- The widest annual swing landed in 2024, when Debt Ratio plunged 61.05%; it then surged 181.13% in 2025.
- A 5-year view of Debt Ratio shows it stood at 0.09 in 2022, then slipped by 17.6% to 0.08 in 2023, then jumped by 37.3% to 0.1 in 2024, then jumped by 32.57% to 0.14 in 2025, then dropped by 19.46% to 0.11 in 2026.
- The last three Debt Ratio figures came in at 0.11 (Q1 2026), 0.14 (Q4 2025), and 0.05 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.95 Bn | 98.89 Bn | 1.73 Bn | 0.20 |
| 2 | Johnson Controls International | 84.54 Bn | 84.01 Bn | 2.07 Bn | 0.24 |
| 3 | Carrier Global | 52.72 Bn | 51.70 Bn | 4.82 Bn | 0.33 |
| 4 | Lennox International | 16.87 Bn | 16.82 Bn | 351.30 Mn | 0.27 |
| 5 | Masco | 13.72 Bn | 13.60 Bn | 686.00 Mn | 0.56 |
| 6 | Carlisle Companies | 13.62 Bn | 12.85 Bn | 363.20 Mn | 0.48 |
| 7 | Aaon | 10.97 Bn | 10.97 Bn | 109.77 Mn | 0.24 |
| 8 | SPX Technologies | 10.37 Bn | 10.22 Bn | 230.60 Mn | 0.17 |
| 9 | Advanced Drainage Systems | 10.34 Bn | 10.19 Bn | 237.66 Mn | 0.36 |
| 10 | Perma-Pipe International Holdings | 251.39 Mn | 244.76 Mn | 17.34 Mn | 0.11 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 0.11 |
| Oct 31, 2025 | 0.14 |
| Jul 31, 2025 | 0.05 |
| Apr 30, 2025 | 0.07 |
| Jan 31, 2025 | 0.08 |
| Oct 31, 2024 | 0.10 |
| 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 | 0.10 |
| Jan 31, 2022 | 0.05 |
| Oct 31, 2021 | 0.08 |
| Jul 31, 2021 | 0.07 |
| Apr 30, 2021 | 0.07 |
| Jan 31, 2021 | 0.09 |
| Oct 31, 2020 | 0.08 |
| Jul 31, 2020 | 0.08 |
| Apr 30, 2020 | 0.07 |
| Jan 31, 2020 | 0.14 |
| Oct 31, 2019 | 0.13 |
| Jul 31, 2019 | 0.12 |
| Apr 30, 2019 | 0.11 |
| Jan 31, 2019 | 0.15 |
| Oct 31, 2018 | 0.08 |
| Jul 31, 2018 | 0.16 |
| Apr 30, 2018 | 0.15 |
| Jan 31, 2018 | 0.14 |
| Oct 31, 2017 | 0.09 |
| Jul 31, 2017 | 0.15 |
| Apr 30, 2017 | 0.07 |
| Jan 31, 2017 | 0.12 |
| Oct 31, 2016 | 0.11 |
| Jul 31, 2016 | 0.10 |
| Apr 30, 2016 | 0.07 |
| Jan 31, 2016 | 0.11 |
| Oct 31, 2015 | 0.15 |
| Jul 31, 2015 | 0.11 |
| Apr 30, 2015 | 0.17 |
| Jan 31, 2015 | 0.09 |
| Oct 31, 2014 | 0.20 |
| Jul 31, 2014 | 0.23 |
| Apr 30, 2014 | 0.20 |
| Jan 31, 2014 | 0.19 |
| Oct 31, 2013 | 0.23 |
| Jul 31, 2013 | 0.25 |
| Apr 30, 2013 | 0.26 |
| Jan 31, 2013 | 0.27 |
| Oct 31, 2012 | 0.29 |
| Jul 31, 2012 | 0.30 |
| Apr 30, 2012 | 0.28 |
| Jan 31, 2012 | 0.24 |
| Oct 31, 2011 | 0.27 |
| Jul 31, 2011 | 0.26 |
| Jan 31, 2011 | 0.24 |