Perma-Pipe International Holdings (PPIH) Inventory Average (2011 - 2026)
Perma-Pipe International Holdings' (PPIH) quarterly Inventory Average came in at $18.7 million in Q2 2026, up 19.89% YoY from $15.6 million in Q2 2025, and down 3.95% on a QoQ basis from $19.4 million in Q1 2026.
Perma-Pipe International Holdings (PPIH) Inventory Average (2011 - 2026) Analysis & Trends
Perma-Pipe International Holdings (PPIH) has 16 years of Inventory Average data on file, last reported at $18.7 million in Q2 2026.
- Quarterly Inventory Average rose 19.89% year-over-year to $18.7 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $18.7 million (up 19.89% YoY) and the FY2026 annual result came in at $17.8 million, up 10.52% from the prior year.
- Inventory Average fell to $18.7 million in Q2 2026, from $19.4 million in the prior quarter.
- In the past five years, Inventory Average ranged from a high of $19.4 million in Q1 2026 to a low of $13.4 million in Q3 2023.
- A 5-year average of $15.9 million and a median of $15.6 million in 2022 frame the typical range for Inventory Average.
- Annual changes were most pronounced in 2023 — Inventory Average dropped 15.73% — and 2026, when it gained 19.89%.
- Tracing PPIH's Inventory Average over 5 years: stood at $15.6 million in 2022, then slipped by 3.85% to $15.0 million in 2023, then increased by 11.61% to $16.7 million in 2024, then increased by 7.32% to $17.9 million in 2025, then increased by 4.19% to $18.7 million in 2026.
- The last three Inventory Average figures came in at $18.7 million (Q2 2026), $19.4 million (Q1 2026), and $17.9 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.71 Bn | 98.39 Bn | 2.26 Bn | 2.51 Bn |
| 2 | Johnson Controls International | 87.29 Bn | 86.65 Bn | 2.47 Bn | 1.94 Bn |
| 3 | Carrier Global | 49.78 Bn | 48.43 Bn | 1.94 Bn | 2.67 Bn |
| 4 | Masco | 14.62 Bn | 14.07 Bn | 868.00 Mn | 1.06 Bn |
| 5 | Carlisle Companies | 14.41 Bn | 13.74 Bn | 568.40 Mn | 486.85 Mn |
| 6 | Lennox International | 14.06 Bn | 14.01 Bn | 539.50 Mn | 1.18 Bn |
| 7 | Owens Corning | 11.84 Bn | 11.57 Bn | 793.00 Mn | 1.47 Bn |
| 8 | Advanced Drainage Systems | 10.91 Bn | 10.75 Bn | 408.05 Mn | 545.96 Mn |
| 9 | SPX Technologies | 10.27 Bn | 10.10 Bn | 272.80 Mn | 358.20 Mn |
| 10 | Perma-Pipe International Holdings | 217.53 Mn | 185.69 Mn | 14.64 Mn | 19.11 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 18.68 Mn |
| Jan 31, 2026 | 19.45 Mn |
| Oct 31, 2025 | 17.93 Mn |
| Jul 31, 2025 | 15.21 Mn |
| Apr 30, 2025 | 15.58 Mn |
| Jan 31, 2025 | 16.70 Mn |
| Oct 31, 2024 | 16.70 Mn |
| Jul 31, 2024 | 16.02 Mn |
| Apr 30, 2024 | 15.47 Mn |
| Jan 31, 2024 | 15.80 Mn |
| Oct 31, 2023 | 14.96 Mn |
| Jul 31, 2023 | 13.38 Mn |
| Apr 30, 2023 | 14.41 Mn |
| Jan 31, 2023 | 15.36 Mn |
| Oct 31, 2022 | 15.56 Mn |
| Jul 31, 2022 | 15.87 Mn |
| Apr 30, 2022 | 14.58 Mn |
| Jan 31, 2022 | 14.60 Mn |
| Oct 31, 2021 | 15.02 Mn |
| Jul 31, 2021 | 14.84 Mn |