Perma-Pipe International Holdings (PPIH) Leases (2019 - 2026)
Perma-Pipe International Holdings posted quarterly Leases of $13.1 million for Q1 2026, up 59.21% year-on-year from $8.2 million in Q1 2025, and up 9.11% on a QoQ basis from $12.0 million in Q4 2025.
Perma-Pipe International Holdings (PPIH) has 8 years of Leases data on file, last reported at $13.1 million in Q1 2026.
- For the quarter ending Q1 2026, Leases rose 59.21% year-over-year to $13.1 million; the trailing twelve-month figure through Jan 2026 stood at $13.1 million (up 59.21% YoY), and the FY2026 full-year result was $13.1 million, up 59.21% from the prior year.
- Leases for Q1 2026 stood at $13.1 million, up from $12.0 million in the prior quarter.
- Across five years, Leases topped out at $13.1 million in Q1 2026 and bottomed at $4.3 million in Q2 2023.
- The 5-year median for Leases is $7.4 million (2024), against an average of $8.0 million.
- The widest annual swing landed in 2023, when Leases slumped 59.63%; it then soared 71.91% in 2025.
- A 5-year view of Leases shows it stood at $6.6 million in 2022, then dropped by 3.39% to $6.4 million in 2023, then grew by 16.11% to $7.4 million in 2024, then surged by 61.61% to $12.0 million in 2025, then grew by 9.11% to $13.1 million in 2026.
- The last three Leases figures came in at $13.1 million (Q1 2026), $12.0 million (Q4 2025), and $11.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.95 Bn | 98.89 Bn | 1.73 Bn | - |
| 2 | Johnson Controls International | 84.54 Bn | 84.01 Bn | 2.07 Bn | - |
| 3 | Carrier Global | 52.72 Bn | 51.70 Bn | 4.82 Bn | 551.00 Mn |
| 4 | Lennox International | 16.87 Bn | 16.82 Bn | 351.30 Mn | 404.40 Mn |
| 5 | Masco | 13.72 Bn | 13.60 Bn | 686.00 Mn | 238.00 Mn |
| 6 | Carlisle Companies | 13.62 Bn | 12.85 Bn | 363.20 Mn | - |
| 7 | Aaon | 10.97 Bn | 10.97 Bn | 109.77 Mn | 17.99 Mn |
| 8 | SPX Technologies | 10.37 Bn | 10.22 Bn | 230.60 Mn | - |
| 9 | Advanced Drainage Systems | 10.34 Bn | 10.19 Bn | 237.66 Mn | 151.54 Mn |
| 10 | Perma-Pipe International Holdings | 251.39 Mn | 244.76 Mn | 17.34 Mn | 13.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 13.05 Mn |
| Oct 31, 2025 | 11.96 Mn |
| Jul 31, 2025 | 11.86 Mn |
| Apr 30, 2025 | 8.62 Mn |
| Jan 31, 2025 | 8.20 Mn |
| Oct 31, 2024 | 7.40 Mn |
| Jul 31, 2024 | 6.90 Mn |
| Apr 30, 2024 | 6.17 Mn |
| Jan 31, 2024 | 6.47 Mn |
| Oct 31, 2023 | 6.38 Mn |
| Jul 31, 2023 | 7.40 Mn |
| Apr 30, 2023 | 4.30 Mn |
| Jan 31, 2023 | 4.53 Mn |
| Oct 31, 2022 | 6.60 Mn |
| Jul 31, 2022 | 7.18 Mn |
| Apr 30, 2022 | 7.71 Mn |
| Jan 31, 2022 | 11.21 Mn |
| Oct 31, 2021 | 11.52 Mn |
| Jul 31, 2021 | 11.80 Mn |
| Apr 30, 2021 | 12.18 Mn |
| Jan 31, 2021 | 13.38 Mn |
| Oct 31, 2020 | 13.76 Mn |
| Jul 31, 2020 | 10.89 Mn |
| Apr 30, 2020 | 11.17 Mn |
| Jan 31, 2020 | 11.48 Mn |
| Oct 31, 2019 | 11.72 Mn |
| Jul 31, 2019 | 11.45 Mn |
| Apr 30, 2019 | 10.32 Mn |