Perma-Pipe International Holdings (PPIH) Invested Capital (2011 - 2026)
Perma-Pipe International Holdings' (PPIH) quarterly Invested Capital came in at $10.4 million in Q2 2026, up 21.81% YoY from $8.5 million in Q2 2025, and down 47.62% on a QoQ basis from $19.8 million in Q1 2026.
Perma-Pipe International Holdings (PPIH) Invested Capital (2011 - 2026) Analysis & Trends
Perma-Pipe International Holdings (PPIH) has 16 years of Invested Capital data on file, last reported at $10.4 million in Q2 2026.
- Quarterly Invested Capital rose 21.81% year-over-year to $10.4 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $57.1 million (up 76.94% YoY) and the FY2026 annual result came in at $19.8 million, up 114.61% from the prior year.
- Invested Capital retreated to $10.4 million in Q2 2026, from $19.8 million in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $19.8 million in Q1 2026 to a low of $4.1 million in Q2 2023.
- A 5-year average of $9.0 million and a median of $8.1 million in 2024 frame the typical range for Invested Capital.
- Annual changes were most pronounced in 2022 — Invested Capital soared 171.7% — and 2023, when it declined 21.79%.
- Tracing PPIH's Invested Capital over 5 years: stood at $7.2 million in 2022, then dropped by 6.83% to $6.7 million in 2023, then advanced by 15.88% to $7.8 million in 2024, then jumped by 119.97% to $17.1 million in 2025, then sank by 39.16% to $10.4 million in 2026.
- The last three Invested Capital figures came in at $10.4 million (Q2 2026), $19.8 million (Q1 2026), and $17.1 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 100.21 Bn | 98.89 Bn | 2.26 Bn | 693.10 Mn |
| 2 | Johnson Controls International | 87.02 Bn | 86.38 Bn | 2.47 Bn | 865.00 Mn |
| 3 | Carrier Global | 50.08 Bn | 48.73 Bn | 1.94 Bn | 1.64 Bn |
| 4 | Carlisle Companies | 14.80 Bn | 14.14 Bn | 568.40 Mn | - |
| 5 | Masco | 14.60 Bn | 14.06 Bn | 868.00 Mn | - |
| 6 | Lennox International | 13.99 Bn | 13.94 Bn | 539.50 Mn | 1.58 Bn |
| 7 | Owens Corning | 11.96 Bn | 11.69 Bn | 793.00 Mn | 937.00 Mn |
| 8 | Advanced Drainage Systems | 11.02 Bn | 10.86 Bn | 408.05 Mn | 7.71 Mn |
| 9 | SPX Technologies | 10.33 Bn | 10.16 Bn | 272.80 Mn | 74.30 Mn |
| 10 | Perma-Pipe International Holdings | 224.48 Mn | 192.64 Mn | 14.64 Mn | 10.39 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 10.39 Mn |
| Jan 31, 2026 | 19.84 Mn |
| Oct 31, 2025 | 17.08 Mn |
| Jul 31, 2025 | 9.73 Mn |
| Apr 30, 2025 | 8.53 Mn |
| Jan 31, 2025 | 9.25 Mn |
| Oct 31, 2024 | 7.77 Mn |
| Jul 31, 2024 | 6.70 Mn |
| Apr 30, 2024 | 5.31 Mn |
| Jan 31, 2024 | 11.79 Mn |
| Oct 31, 2023 | 6.70 Mn |
| Jul 31, 2023 | 7.23 Mn |
| Apr 30, 2023 | 4.07 Mn |
| Jan 31, 2023 | 9.22 Mn |
| Oct 31, 2022 | 7.19 Mn |
| Jul 31, 2022 | 8.63 Mn |
| Apr 30, 2022 | 5.20 Mn |
| Jan 31, 2022 | 6.75 Mn |
| Jul 31, 2021 | 3.18 Mn |
| Apr 30, 2021 | 2.72 Mn |