Growth Metrics

Perma-Pipe International Holdings (PPIH) Invested Capital (2011 - 2026)

Perma-Pipe International Holdings posted quarterly Invested Capital of $110.5 million for Q1 2026, up 26.47% year-on-year from $87.4 million in Q1 2025, and up 12.26% on a QoQ basis from $98.4 million in Q4 2025.

Perma-Pipe International Holdings (PPIH) has 16 years of Invested Capital data on file, last reported at $110.5 million in Q1 2026.

  • For the quarter ending Q1 2026, Invested Capital rose 26.47% year-over-year to $110.5 million; the trailing twelve-month figure through Jan 2026 stood at $110.5 million (up 26.47% YoY), and the FY2026 full-year result was $110.5 million, up 26.47% from the prior year.
  • Invested Capital for Q1 2026 stood at $110.5 million, up from $98.4 million in the prior quarter.
  • Across five years, Invested Capital topped out at $110.5 million in Q1 2026 and bottomed at $59.7 million in Q2 2022.
  • The 5-year median for Invested Capital is $71.6 million (2024), against an average of $75.9 million.
  • The widest annual swing landed in 2023, when Invested Capital dropped 2.68%; it then advanced 26.47% in 2026.
  • A 5-year view of Invested Capital shows it stood at $61.9 million in 2022, then increased by 2.83% to $63.7 million in 2023, then advanced by 24.03% to $79.0 million in 2024, then increased by 24.61% to $98.4 million in 2025, then gained by 12.26% to $110.5 million in 2026.
  • The last three Invested Capital figures came in at $110.5 million (Q1 2026), $98.4 million (Q4 2025), and $86.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Trane Technologies 99.95 Bn 98.89 Bn 1.73 Bn 9.28 Bn
2 Johnson Controls International 84.54 Bn 84.01 Bn 2.07 Bn 13.20 Bn
3 Carrier Global 52.72 Bn 51.70 Bn 4.82 Bn 24.59 Bn
4 Lennox International 16.87 Bn 16.82 Bn 351.30 Mn 2.74 Bn
5 Masco 13.72 Bn 13.60 Bn 686.00 Mn -242.00 Mn
6 Carlisle Companies 13.62 Bn 12.85 Bn 363.20 Mn 4.54 Bn
7 Aaon 10.97 Bn 10.97 Bn 109.77 Mn 894.99 Mn
8 SPX Technologies 10.37 Bn 10.22 Bn 230.60 Mn 2.29 Bn
9 Advanced Drainage Systems 10.34 Bn 10.19 Bn 237.66 Mn 2.02 Bn
10 Perma-Pipe International Holdings 251.39 Mn 244.76 Mn 17.34 Mn 110.48 Mn

Historic Data

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DateValue
Jan 31, 2026 110.48 Mn
Oct 31, 2025 98.41 Mn
Jul 31, 2025 86.56 Mn
Apr 30, 2025 86.40 Mn
Jan 31, 2025 87.36 Mn
Oct 31, 2024 78.98 Mn
Jul 31, 2024 74.11 Mn
Apr 30, 2024 71.65 Mn
Jan 31, 2024 80.93 Mn
Oct 31, 2023 63.68 Mn
Jul 31, 2023 65.78 Mn
Apr 30, 2023 65.79 Mn
Jan 31, 2023 67.00 Mn
Oct 31, 2022 61.92 Mn
Jul 31, 2022 62.93 Mn
Apr 30, 2022 59.67 Mn
Jan 31, 2022 68.84 Mn
Oct 31, 2021 57.20 Mn
Jul 31, 2021 55.25 Mn
Apr 30, 2021 51.51 Mn
Jan 31, 2021 55.58 Mn
Oct 31, 2020 52.80 Mn
Jul 31, 2020 55.16 Mn
Apr 30, 2020 54.48 Mn
Jan 31, 2020 62.35 Mn
Oct 31, 2019 62.55 Mn
Jul 31, 2019 61.42 Mn
Apr 30, 2019 55.76 Mn
Jan 31, 2019 60.59 Mn
Oct 31, 2018 51.86 Mn
Jul 31, 2018 59.60 Mn
Apr 30, 2018 58.06 Mn
Jan 31, 2018 58.45 Mn
Oct 31, 2017 53.63 Mn
Jul 31, 2017 63.57 Mn
Apr 30, 2017 56.88 Mn
Jan 31, 2017 63.93 Mn
Oct 31, 2016 64.55 Mn
Jul 31, 2016 68.42 Mn
Apr 30, 2016 72.22 Mn
Jan 31, 2016 83.03 Mn
Oct 31, 2015 88.96 Mn
Jul 31, 2015 71.28 Mn
Apr 30, 2015 81.02 Mn
Jan 31, 2015 84.15 Mn
Oct 31, 2014 85.64 Mn
Jul 31, 2014 87.84 Mn
Apr 30, 2014 86.70 Mn
Jan 31, 2014 84.11 Mn
Oct 31, 2013 89.49 Mn
Jul 31, 2013 79.73 Mn
Apr 30, 2013 77.34 Mn
Jan 31, 2013 59.64 Mn
Oct 31, 2012 77.28 Mn
Jul 31, 2012 74.16 Mn
Apr 30, 2012 73.70 Mn
Jan 31, 2012 75.09 Mn
Oct 31, 2011 79.39 Mn
Jul 31, 2011 79.37 Mn
Jan 31, 2011 81.34 Mn