Perma-Pipe International Holdings (PPIH) Equity Ratio (2011 - 2026)
Perma-Pipe International Holdings posted quarterly Equity Ratio of 0.42 for Q1 2026, down 4.54% year-on-year from 0.44 in Q1 2025, and up 5.45% on a QoQ basis from 0.4 in Q4 2025.
Perma-Pipe International Holdings (PPIH) has 16 years of Equity Ratio data on file, last reported at 0.42 in Q1 2026.
- For the quarter ending Q1 2026, Equity Ratio fell 4.54% year-over-year to 0.42; the trailing twelve-month figure through Jan 2026 stood at 0.42 (down 4.54% YoY), and the FY2026 full-year result was 0.42, down 4.54% from the prior year.
- Equity Ratio for Q1 2026 stood at 0.42, up from 0.4 in the prior quarter.
- Across five years, Equity Ratio topped out at 0.47 in Q1 2023 and bottomed at 0.4 in Q4 2023.
- The 5-year median for Equity Ratio is 0.43 (2022), against an average of 0.43.
- The widest annual swing landed in 2024, when Equity Ratio rose 12.13%; it then declined 10.79% in 2025.
- A 5-year view of Equity Ratio shows it stood at 0.44 in 2022, then decreased by 9.28% to 0.4 in 2023, then rose by 12.13% to 0.44 in 2024, then retreated by 10.79% to 0.4 in 2025, then climbed by 5.45% to 0.42 in 2026.
- The last three Equity Ratio figures came in at 0.42 (Q1 2026), 0.4 (Q4 2025), and 0.42 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.95 Bn | 98.89 Bn | 1.73 Bn | 0.38 |
| 2 | Johnson Controls International | 84.54 Bn | 84.01 Bn | 2.07 Bn | 0.35 |
| 3 | Carrier Global | 52.72 Bn | 51.70 Bn | 4.82 Bn | 0.37 |
| 4 | Lennox International | 16.87 Bn | 16.82 Bn | 351.30 Mn | 0.28 |
| 5 | Masco | 13.72 Bn | 13.60 Bn | 686.00 Mn | -0.05 |
| 6 | Carlisle Companies | 13.62 Bn | 12.85 Bn | 363.20 Mn | 0.28 |
| 7 | Aaon | 10.97 Bn | 10.97 Bn | 109.77 Mn | 0.53 |
| 8 | SPX Technologies | 10.37 Bn | 10.22 Bn | 230.60 Mn | 0.59 |
| 9 | Advanced Drainage Systems | 10.34 Bn | 10.19 Bn | 237.66 Mn | 0.41 |
| 10 | Perma-Pipe International Holdings | 251.39 Mn | 244.76 Mn | 17.34 Mn | 0.42 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Apr 30, 2021 | 0.44 |
| Jan 31, 2021 | 0.48 |
| Oct 31, 2020 | 0.51 |
| Jul 31, 2020 | 0.53 |
| Apr 30, 2020 | 0.50 |
| Jan 31, 2020 | 0.50 |
| Oct 31, 2019 | 0.47 |
| Jul 31, 2019 | 0.48 |
| Apr 30, 2019 | 0.47 |
| Jan 31, 2019 | 0.51 |
| Oct 31, 2018 | 0.49 |
| Jul 31, 2018 | 0.53 |
| Apr 30, 2018 | 0.50 |
| Jan 31, 2018 | 0.49 |
| Oct 31, 2017 | 0.52 |
| Jul 31, 2017 | 0.55 |
| Apr 30, 2017 | 0.57 |
| Jan 31, 2017 | 0.58 |
| Oct 31, 2016 | 0.57 |
| Jul 31, 2016 | 0.59 |
| Apr 30, 2016 | 0.52 |
| Jan 31, 2016 | 0.50 |
| Oct 31, 2015 | 0.42 |
| Jul 31, 2015 | 0.43 |
| Apr 30, 2015 | 0.48 |
| Jan 31, 2015 | 0.49 |
| Oct 31, 2014 | 0.52 |
| Jul 31, 2014 | 0.51 |
| Apr 30, 2014 | 0.49 |
| Jan 31, 2014 | 0.46 |
| Oct 31, 2013 | 0.44 |
| Jul 31, 2013 | 0.42 |
| Apr 30, 2013 | 0.39 |
| Jan 31, 2013 | 0.36 |
| Oct 31, 2012 | 0.42 |
| Jul 31, 2012 | 0.41 |
| Apr 30, 2012 | 0.42 |
| Jan 31, 2012 | 0.46 |
| Oct 31, 2011 | 0.45 |
| Jul 31, 2011 | 0.45 |
| Jan 31, 2011 | 0.48 |