Perma-Pipe International Holdings (PPIH) Equity Ratio (2011 - 2026)
Perma-Pipe International Holdings' (PPIH) quarterly Equity Ratio came in at 0.42 in Q2 2026, down 4.68% YoY from 0.44 in Q2 2025, and little changed on a QoQ basis from 0.42 in Q1 2026.
Perma-Pipe International Holdings (PPIH) Equity Ratio (2011 - 2026) Analysis & Trends
Perma-Pipe International Holdings' Equity Ratio history runs 16 years deep, the most recent figure standing at 0.42 for Q2 2026.
- On a quarterly basis, Equity Ratio fell 4.68% year-over-year to 0.42 in Q2 2026; TTM through Apr 2026 was 0.42, a 4.68% decrease from a year earlier, with the FY2026 full-year figure at 0.42, down 4.54% from the prior year.
- Equity Ratio was 0.42 for Q2 2026 at Perma-Pipe International Holdings, roughly flat from 0.42 in the prior quarter.
- Over the last five years, Equity Ratio for PPIH reached as high as 0.47 in Q1 2023 and fell as low as 0.4 in Q4 2023.
- A 5-year average of 0.43 and a median of 0.43 in 2022 frame the typical range for Equity Ratio.
- The widest annual swing landed in 2024, when Equity Ratio advanced 12.13%; it then retreated 10.79% in 2025.
- Tracing PPIH's Equity Ratio over 5 years: stood at 0.44 in 2022, then fell by 9.28% to 0.4 in 2023, then grew by 12.13% to 0.44 in 2024, then declined by 10.79% to 0.4 in 2025, then increased by 5.32% to 0.42 in 2026.
- According to Business Quant data, Equity Ratio over the past three periods registered 0.42, 0.42, and 0.4 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 107.22 Bn | 106.17 Bn | 1.73 Bn | 0.38 |
| 2 | Johnson Controls International | 89.13 Bn | 88.60 Bn | 2.07 Bn | 0.35 |
| 3 | Carrier Global | 60.07 Bn | 59.04 Bn | 4.82 Bn | 0.37 |
| 4 | Lennox International | 18.56 Bn | 18.51 Bn | 351.30 Mn | 0.28 |
| 5 | Masco | 15.26 Bn | 15.14 Bn | 686.00 Mn | -0.05 |
| 6 | Carlisle Companies | 14.75 Bn | 13.98 Bn | 363.20 Mn | 0.28 |
| 7 | SPX Technologies | 12.03 Bn | 11.87 Bn | 230.60 Mn | 0.59 |
| 8 | Advanced Drainage Systems | 11.45 Bn | 11.30 Bn | 237.66 Mn | 0.41 |
| 9 | Aaon | 11.16 Bn | 11.16 Bn | 109.77 Mn | 0.53 |
| 10 | Perma-Pipe International Holdings | 234.43 Mn | 219.08 Mn | 14.64 Mn | 0.42 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 0.42 |
| Jan 31, 2026 | 0.42 |
| Oct 31, 2025 | 0.40 |
| Jul 31, 2025 | 0.42 |
| Apr 30, 2025 | 0.44 |
| Jan 31, 2025 | 0.44 |
| Oct 31, 2024 | 0.44 |
| Jul 31, 2024 | 0.43 |
| Apr 30, 2024 | 0.42 |
| Jan 31, 2024 | 0.42 |
| Oct 31, 2023 | 0.40 |
| Jul 31, 2023 | 0.40 |
| Apr 30, 2023 | 0.45 |
| Jan 31, 2023 | 0.47 |
| Oct 31, 2022 | 0.44 |
| Jul 31, 2022 | 0.42 |
| Apr 30, 2022 | 0.43 |
| Jan 31, 2022 | 0.44 |
| Oct 31, 2021 | 0.43 |
| Jul 31, 2021 | 0.43 |