Perma-Pipe International Holdings (PPIH) EBT Margin (2010 - 2026)

Perma-Pipe International Holdings' (PPIH) quarterly EBT Margin came in at 7.8% in Q2 2026, down 810.0% YoY from 1.1% in Q2 2025, and down 68.9% on a QoQ basis from 25.09% in Q1 2026.

Perma-Pipe International Holdings (PPIH) EBT Margin (2010 - 2026) Analysis & Trends

Perma-Pipe International Holdings' EBT Margin history runs 17 years deep, the most recent figure standing at 7.8% for Q2 2026.

  • On a quarterly basis, EBT Margin fell 810.0% year-over-year to 7.8% in Q2 2026; TTM through Apr 2026 was 14.65%, a 176.0% decrease from a year earlier, with the FY2026 full-year figure at 16.56%, up 194.0% from the prior year.
  • EBT Margin was 7.8% for Q2 2026 at Perma-Pipe International Holdings, down from 25.09% in the prior quarter.
  • Over the last five years, EBT Margin for PPIH reached as high as 29.28% in Q1 2024 and fell as low as 29.82% in Q1 2023.
  • A 5-year average of 9.74% and a median of 9.26% in 2023 frame the typical range for EBT Margin.
  • The widest annual swing landed in 2023, when EBT Margin tumbled 4660 bps; it then jumped 5910 bps in 2024.
  • Tracing PPIH's EBT Margin over 5 years: stood at 7.57% in 2022, then surged by 41 bps to 10.72% in 2023, then grew by 14 bps to 12.19% in 2024, then jumped by 46 bps to 17.83% in 2025, then sank by 56 bps to 7.8% in 2026.
  • According to Business Quant data, EBT Margin over the past three periods registered 7.8%, 25.09%, and 17.83% for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Trane Technologies 107.22 Bn 106.17 Bn 1.73 Bn 14.81%
2 Johnson Controls International 89.13 Bn 88.60 Bn 2.07 Bn 12.21%
3 Carrier Global 60.07 Bn 59.04 Bn 4.82 Bn 3.18%
4 Lennox International 18.56 Bn 18.51 Bn 351.30 Mn 12.94%
5 Masco 15.26 Bn 15.14 Bn 686.00 Mn 15.17%
6 Carlisle Companies 14.75 Bn 13.98 Bn 363.20 Mn 15.51%
7 SPX Technologies 12.03 Bn 11.87 Bn 230.60 Mn 13.66%
8 Advanced Drainage Systems 11.45 Bn 11.30 Bn 237.66 Mn 5.83%
9 Aaon 11.16 Bn 11.16 Bn 109.77 Mn 9.03%
10 Perma-Pipe International Holdings 234.43 Mn 219.08 Mn 14.64 Mn 7.80%

Historic Data

Download Data
DateValue
Apr 30, 2026 7.80%
Jan 31, 2026 25.09%
Oct 31, 2025 17.83%
Jul 31, 2025 5.74%
Apr 30, 2025 15.91%
Jan 31, 2025 22.08%
Oct 31, 2024 12.19%
Jul 31, 2024 14.90%
Apr 30, 2024 7.46%
Jan 31, 2024 29.28%
Oct 31, 2023 10.72%
Jul 31, 2023 6.08%
Apr 30, 2023 -1.23%
Jan 31, 2023 -29.82%
Oct 31, 2022 7.57%
Jul 31, 2022 7.46%
Apr 30, 2022 -0.51%
Jan 31, 2022 16.78%
Oct 31, 2021 4.32%
Jul 31, 2021 10.75%