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
DateValue
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