Perma-Pipe International Holdings (PPIH) Debt to Equity (2011 - 2026)
Perma-Pipe International Holdings posted quarterly Debt to Equity of $0.26 for Q1 2026, up 47.97% year-on-year from $0.18 in Q1 2025, and down 23.62% on a QoQ basis from $0.35 in Q4 2025.
Perma-Pipe International Holdings (PPIH) has 16 years of Debt to Equity data on file, last reported at $0.26 in Q1 2026.
- For the quarter ending Q1 2026, Debt to Equity rose 47.97% year-over-year to $0.26; the trailing twelve-month figure through Jan 2026 stood at $0.26 (up 47.97% YoY), and the FY2026 full-year result was $0.26, up 47.97% from the prior year.
- Debt to Equity for Q1 2026 stood at $0.26, down from $0.35 in the prior quarter.
- Across five years, Debt to Equity topped out at $0.35 in Q4 2025 and bottomed at $0.07 in Q1 2024.
- The 5-year median for Debt to Equity is $0.21 (2022), against an average of $0.2.
- The widest annual swing landed in 2024, when Debt to Equity slumped 56.62%; it then surged 171.76% in 2025.
- A 5-year view of Debt to Equity shows it stood at $0.21 in 2022, then retreated by 9.17% to $0.19 in 2023, then gained by 22.45% to $0.23 in 2024, then surged by 48.61% to $0.35 in 2025, then decreased by 23.62% to $0.26 in 2026.
- The last three Debt to Equity figures came in at $0.26 (Q1 2026), $0.35 (Q4 2025), and $0.13 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.95 Bn | 98.89 Bn | 1.73 Bn | 0.54 |
| 2 | Johnson Controls International | 84.54 Bn | 84.01 Bn | 2.07 Bn | 0.70 |
| 3 | Carrier Global | 52.72 Bn | 51.70 Bn | 4.82 Bn | 0.88 |
| 4 | Lennox International | 16.87 Bn | 16.82 Bn | 351.30 Mn | 0.96 |
| 5 | Masco | 13.72 Bn | 13.60 Bn | 686.00 Mn | -12.17 |
| 6 | Carlisle Companies | 13.62 Bn | 12.85 Bn | 363.20 Mn | 1.74 |
| 7 | Aaon | 10.97 Bn | 10.97 Bn | 109.77 Mn | 0.45 |
| 8 | SPX Technologies | 10.37 Bn | 10.22 Bn | 230.60 Mn | 0.28 |
| 9 | Advanced Drainage Systems | 10.34 Bn | 10.19 Bn | 237.66 Mn | 0.87 |
| 10 | Perma-Pipe International Holdings | 251.39 Mn | 244.76 Mn | 17.34 Mn | 0.26 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 0.26 |
| Oct 31, 2025 | 0.35 |
| Jul 31, 2025 | 0.13 |
| Apr 30, 2025 | 0.16 |
| Jan 31, 2025 | 0.18 |
| Oct 31, 2024 | 0.23 |
| Jul 31, 2024 | 0.21 |
| Apr 30, 2024 | 0.16 |
| Jan 31, 2024 | 0.07 |
| Oct 31, 2023 | 0.19 |
| Jul 31, 2023 | 0.22 |
| Apr 30, 2023 | 0.24 |
| Jan 31, 2023 | 0.15 |
| Oct 31, 2022 | 0.21 |
| Jul 31, 2022 | 0.25 |
| Apr 30, 2022 | 0.22 |
| Jan 31, 2022 | 0.10 |
| Oct 31, 2021 | 0.19 |
| Jul 31, 2021 | 0.17 |
| Apr 30, 2021 | 0.17 |
| Jan 31, 2021 | 0.18 |
| Oct 31, 2020 | 0.16 |
| Jul 31, 2020 | 0.15 |
| Apr 30, 2020 | 0.15 |
| Jan 31, 2020 | 0.27 |
| Oct 31, 2019 | 0.27 |
| Jul 31, 2019 | 0.24 |
| Apr 30, 2019 | 0.24 |
| Jan 31, 2019 | 0.30 |
| Oct 31, 2018 | 0.16 |
| Jul 31, 2018 | 0.30 |
| Apr 30, 2018 | 0.30 |
| Jan 31, 2018 | 0.29 |
| Oct 31, 2017 | 0.17 |
| Jul 31, 2017 | 0.28 |
| Apr 30, 2017 | 0.13 |
| Jan 31, 2017 | 0.20 |
| Oct 31, 2016 | 0.19 |
| Jul 31, 2016 | 0.17 |
| Apr 30, 2016 | 0.13 |
| Jan 31, 2016 | 0.22 |
| Oct 31, 2015 | 0.35 |
| Jul 31, 2015 | 0.26 |
| Apr 30, 2015 | 0.35 |
| Jan 31, 2015 | 0.19 |
| Oct 31, 2014 | 0.38 |
| Jul 31, 2014 | 0.45 |
| Apr 30, 2014 | 0.41 |
| Jan 31, 2014 | 0.42 |
| Oct 31, 2013 | 0.53 |
| Jul 31, 2013 | 0.60 |
| Apr 30, 2013 | 0.68 |
| Jan 31, 2013 | 0.76 |
| Oct 31, 2012 | 0.68 |
| Jul 31, 2012 | 0.73 |
| Apr 30, 2012 | 0.67 |
| Jan 31, 2012 | 0.52 |
| Oct 31, 2011 | 0.59 |
| Jul 31, 2011 | 0.58 |
| Jan 31, 2011 | 0.50 |