Perma-Pipe International Holdings (PPIH) Free Cash Flow (2010 - 2026)
Perma-Pipe International Holdings posted quarterly Free Cash Flow of -$8.8 million for Q1 2026, down 287.94% year-on-year from $4.7 million in Q1 2025, and down 171.54% on a QoQ basis from $12.4 million in Q4 2025.
Perma-Pipe International Holdings (PPIH) has 17 years of Free Cash Flow data on file, last reported at -$8.8 million in Q1 2026.
- For the quarter ending Q1 2026, Free Cash Flow fell 287.94% year-over-year to -$8.8 million; the trailing twelve-month figure through Jan 2026 stood at -$1.3 million (down 111.5% YoY), and the FY2026 full-year result was -$1.3 million, down 111.5% from the prior year.
- Free Cash Flow for Q1 2026 stood at -$8.8 million, down from $12.4 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $12.4 million in Q4 2025 and bottomed at -$8.8 million in Q1 2026.
- The 5-year median for Free Cash Flow is $120000.0 (2023), against an average of $137529.4.
- The widest annual swing landed in 2024, when Free Cash Flow soared 3410.0%; it then slumped 311.32% in 2025.
- A 5-year view of Free Cash Flow shows it stood at $4.9 million in 2022, then sank by 44.99% to $2.7 million in 2023, then soared by 80.8% to $4.8 million in 2024, then jumped by 155.21% to $12.4 million in 2025, then slumped by 171.54% to -$8.8 million in 2026.
- The last three Free Cash Flow figures came in at -$8.8 million (Q1 2026), $12.4 million (Q4 2025), and -$4.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.95 Bn | 98.89 Bn | 1.73 Bn | 546.50 Mn |
| 2 | Johnson Controls International | 84.54 Bn | 84.01 Bn | 2.07 Bn | 531.00 Mn |
| 3 | Carrier Global | 52.72 Bn | 51.70 Bn | 4.82 Bn | -28.00 Mn |
| 4 | Lennox International | 16.87 Bn | 16.82 Bn | 351.30 Mn | -39.40 Mn |
| 5 | Masco | 13.72 Bn | 13.60 Bn | 686.00 Mn | -113.00 Mn |
| 6 | Carlisle Companies | 13.62 Bn | 12.85 Bn | 363.20 Mn | -73.00 Mn |
| 7 | Aaon | 10.97 Bn | 10.97 Bn | 109.77 Mn | -43.18 Mn |
| 8 | SPX Technologies | 10.37 Bn | 10.22 Bn | 230.60 Mn | 11.30 Mn |
| 9 | Advanced Drainage Systems | 10.34 Bn | 10.19 Bn | 237.66 Mn | -13.11 Mn |
| 10 | Perma-Pipe International Holdings | 251.39 Mn | 244.76 Mn | 17.34 Mn | -8.84 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | -8.84 Mn |
| Jan 31, 2026 | -8.84 Mn |
| Oct 31, 2025 | 12.35 Mn |
| Oct 31, 2025 | 12.35 Mn |
| Jul 31, 2025 | -4.59 Mn |
| Jul 31, 2025 | -4.59 Mn |
| Apr 30, 2025 | -194,000.00 |
| Apr 30, 2025 | -194,000.00 |
| Jan 31, 2025 | 4.70 Mn |
| Jan 31, 2025 | 4.70 Mn |
| Oct 31, 2024 | 4.84 Mn |
| Oct 31, 2024 | 4.84 Mn |
| Jul 31, 2024 | 2.17 Mn |
| Jul 31, 2024 | 2.17 Mn |
| Apr 30, 2024 | -662,000.00 |
| Apr 30, 2024 | -662,000.00 |
| Jan 31, 2024 | 4.21 Mn |
| Jan 31, 2024 | 4.21 Mn |
| Oct 31, 2023 | 2.68 Mn |
| Oct 31, 2023 | 2.68 Mn |
| Jul 31, 2023 | -3.85 Mn |
| Jul 31, 2023 | -3.85 Mn |
| Apr 30, 2023 | 584,000.00 |
| Apr 30, 2023 | 584,000.00 |
| Jan 31, 2023 | 120,000.00 |
| Jan 31, 2023 | 120,000.00 |
| Oct 31, 2022 | 4.87 Mn |
| Oct 31, 2022 | 4.87 Mn |
| Jul 31, 2022 | -5.69 Mn |
| Jul 31, 2022 | -5.69 Mn |
| Apr 30, 2022 | -7.51 Mn |
| Apr 30, 2022 | -7.51 Mn |
| Jan 31, 2022 | -2.85 Mn |
| Jan 31, 2022 | -2.85 Mn |
| Oct 31, 2021 | 4.15 Mn |
| Oct 31, 2021 | 4.15 Mn |
| Jul 31, 2021 | -3.29 Mn |
| Jul 31, 2021 | -3.29 Mn |
| Apr 30, 2021 | -2.85 Mn |
| Apr 30, 2021 | -2.85 Mn |
| Jan 31, 2021 | -2.13 Mn |
| Jan 31, 2021 | -2.13 Mn |
| Oct 31, 2020 | -1.52 Mn |
| Oct 31, 2020 | -1.52 Mn |
| Jul 31, 2020 | 2.04 Mn |
| Jul 31, 2020 | 2.04 Mn |
| Apr 30, 2020 | -179,000.00 |
| Apr 30, 2020 | -179,000.00 |
| Jan 31, 2020 | 813,000.00 |
| Jan 31, 2020 | 813,000.00 |
| Oct 31, 2019 | 3.30 Mn |
| Oct 31, 2019 | 3.30 Mn |
| Jul 31, 2019 | -2.79 Mn |
| Jul 31, 2019 | -2.79 Mn |
| Apr 30, 2019 | 866,000.00 |
| Apr 30, 2019 | 866,000.00 |
| Jan 31, 2019 | 5.13 Mn |
| Jan 31, 2019 | 5.13 Mn |
| Oct 31, 2018 | 2.52 Mn |
| Oct 31, 2018 | 2.52 Mn |
| Jul 31, 2018 | -3.65 Mn |
| Jul 31, 2018 | -3.65 Mn |
| Apr 30, 2018 | -379,000.00 |
| Apr 30, 2018 | -379,000.00 |
| Jan 31, 2018 | 1.90 Mn |
| Jan 31, 2018 | 1.90 Mn |
| Oct 31, 2017 | -1.92 Mn |
| Oct 31, 2017 | -1.92 Mn |
| Jul 31, 2017 | -3.08 Mn |
| Jul 31, 2017 | -3.08 Mn |
| Apr 30, 2017 | -1.28 Mn |
| Apr 30, 2017 | -1.28 Mn |
| Jan 31, 2017 | -1.54 Mn |
| Jan 31, 2017 | -1.54 Mn |
| Oct 31, 2016 | -4.28 Mn |
| Oct 31, 2016 | -4.28 Mn |
| Jul 31, 2016 | -4.88 Mn |
| Jul 31, 2016 | -4.88 Mn |
| Apr 30, 2016 | 2.98 Mn |
| Apr 30, 2016 | 2.98 Mn |
| Jan 31, 2016 | 1.65 Mn |
| Jan 31, 2016 | 1.65 Mn |
| Oct 31, 2015 | -10.34 Mn |
| Oct 31, 2015 | -10.34 Mn |
| Jul 31, 2015 | 2.22 Mn |
| Jul 31, 2015 | 2.22 Mn |
| Apr 30, 2015 | -2.88 Mn |
| Apr 30, 2015 | -2.88 Mn |
| Jan 31, 2015 | -3.24 Mn |
| Jan 31, 2015 | -3.24 Mn |
| Oct 31, 2014 | 3.62 Mn |
| Oct 31, 2014 | 3.62 Mn |
| Jul 31, 2014 | -1.45 Mn |
| Jul 31, 2014 | -1.45 Mn |
| Apr 30, 2014 | -1.32 Mn |
| Apr 30, 2014 | -1.32 Mn |
| Jan 31, 2014 | 16.79 Mn |
| Jan 31, 2014 | 16.79 Mn |
| Oct 31, 2013 | 141,000.00 |
| Oct 31, 2013 | 141,000.00 |
| Jul 31, 2013 | 1.22 Mn |
| Jul 31, 2013 | 1.22 Mn |
| Apr 30, 2013 | -14.50 Mn |
| Apr 30, 2013 | -14.50 Mn |
| Jan 31, 2013 | 6.93 Mn |
| Jan 31, 2013 | 6.93 Mn |
| Oct 31, 2012 | 2.72 Mn |
| Oct 31, 2012 | 2.72 Mn |
| Jul 31, 2012 | -1.65 Mn |
| Jul 31, 2012 | -1.65 Mn |
| Apr 30, 2012 | -8.00 Mn |
| Apr 30, 2012 | -8.00 Mn |
| Jan 31, 2012 | 6.19 Mn |
| Jan 31, 2012 | 6.19 Mn |
| Oct 31, 2011 | -5.74 Mn |
| Oct 31, 2011 | -5.74 Mn |
| Jul 31, 2011 | -2.87 Mn |
| Jul 31, 2011 | -2.87 Mn |
| Apr 30, 2011 | -7.86 Mn |
| Apr 30, 2011 | -7.86 Mn |
| Jan 31, 2011 | 5.83 Mn |
| Jan 31, 2011 | 5.83 Mn |
| Oct 31, 2010 | 5.35 Mn |
| Oct 31, 2010 | 5.35 Mn |