Perma-Pipe International Holdings (PPIH) Minority Interest (2023 - 2026)
Perma-Pipe International Holdings' (PPIH) quarterly Minority Interest came in at $16.5 million in Q2 2026, up 34.78% YoY from $12.2 million in Q2 2025, and up 5.31% on a QoQ basis from $15.7 million in Q1 2026.
Perma-Pipe International Holdings (PPIH) Minority Interest (2023 - 2026) Analysis & Trends
Perma-Pipe International Holdings (PPIH) has 4 years of Minority Interest data on file, last reported at $16.5 million in Q2 2026.
- Quarterly Minority Interest rose 34.78% year-over-year to $16.5 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $16.5 million (up 34.78% YoY) and the FY2026 annual result came in at $15.7 million, up 42.82% from the prior year.
- Minority Interest grew to $16.5 million in Q2 2026, from $15.7 million in the prior quarter.
- In the past five years, Minority Interest ranged from a high of $16.5 million in Q2 2026 to a low of $1.7 million in Q3 2023.
- A 4-year average of $9.8 million and a median of $10.0 million in 2024 frame the typical range for Minority Interest.
- Annual changes were most pronounced in 2024 — Minority Interest jumped 364.38% — and 2026, when it soared 34.78%.
- Tracing PPIH's Minority Interest over 4 years: stood at $4.2 million in 2023, then surged by 115.4% to $9.0 million in 2024, then surged by 59.01% to $14.2 million in 2025, then rose by 15.87% to $16.5 million in 2026.
- The last three Minority Interest figures came in at $16.5 million (Q2 2026), $15.7 million (Q1 2026), and $14.2 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Trane Technologies | 99.71 Bn | 98.39 Bn | 2.26 Bn |
| 2 | Johnson Controls International | 87.29 Bn | 86.65 Bn | 2.47 Bn |
| 3 | Carrier Global | 49.78 Bn | 48.43 Bn | 1.94 Bn |
| 4 | Masco | 14.62 Bn | 14.07 Bn | 868.00 Mn |
| 5 | Carlisle Companies | 14.41 Bn | 13.74 Bn | 568.40 Mn |
| 6 | Lennox International | 14.06 Bn | 14.01 Bn | 539.50 Mn |
| 7 | Owens Corning | 11.84 Bn | 11.57 Bn | 793.00 Mn |
| 8 | Advanced Drainage Systems | 10.91 Bn | 10.75 Bn | 408.05 Mn |
| 9 | SPX Technologies | 10.27 Bn | 10.10 Bn | 272.80 Mn |
| 10 | Perma-Pipe International Holdings | 217.53 Mn | 185.69 Mn | 14.64 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 16.49 Mn |
| Jan 31, 2026 | 15.66 Mn |
| Oct 31, 2025 | 14.24 Mn |
| Jul 31, 2025 | 12.23 Mn |
| Apr 30, 2025 | 12.24 Mn |
| Jan 31, 2025 | 10.97 Mn |
| Oct 31, 2024 | 8.95 Mn |
| Jul 31, 2024 | 8.06 Mn |
| Apr 30, 2024 | 7.03 Mn |
| Jan 31, 2024 | 6.27 Mn |
| Oct 31, 2023 | 4.16 Mn |
| Jul 31, 2023 | 1.74 Mn |