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% on a YoY basis from $12.2 million in Q2 2025, and up 5.31% quarter-over-quarter from $15.7 million in Q1 2026.
Analysis
Perma-Pipe International Holdings (PPIH) Minority Interest (2023 - 2026) Analysis & Trends
Perma-Pipe International Holdings (PPIH) has reported Minority Interest for 4 consecutive years, with $16.5 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Minority Interest rose 34.78% year-over-year to $16.5 million; the trailing twelve-month figure through Apr 2026 stood at $16.5 million (up 34.78% YoY), and the FY2026 full-year result was $15.7 million, up 42.82% from the prior year.
- Minority Interest improved to $16.5 million in Q2 2026 per PPIH's latest filing, from $15.7 million in the prior quarter.
- Across five years, Minority Interest topped out at $16.5 million in Q2 2026 and bottomed at $1.7 million in Q3 2023.
- Historically, Minority Interest has averaged $9.8 million across 4 years, with a median of $10.0 million in 2024.
- The sharpest annual moves came in 2024 and 2026: Minority Interest surged 364.38% in 2024, then jumped 34.78% in 2026.
- Over 4 years, Minority Interest stood at $4.2 million in 2023, then jumped by 113.14% to $9.0 million in 2024, then jumped by 59.01% to $14.2 million in 2025, then advanced by 15.87% to $16.5 million in 2026.
- According to Business Quant data, Minority Interest over the past three periods registered $16.5 million, $15.7 million, and $14.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Parker-Hannifin | 117.96 Bn | 117.45 Bn | 2.25 Bn |
| 2 | Emerson Electric | 82.85 Bn | 80.67 Bn | 2.66 Bn |
| 3 | Ingersoll Rand | 28.47 Bn | 27.30 Bn | 862.60 Mn |
| 4 | Itt | 17.56 Bn | 16.97 Bn | 510.10 Mn |
| 5 | Idex | 16.38 Bn | 15.76 Bn | 426.80 Mn |
| 6 | Graco | 12.43 Bn | 11.93 Bn | 316.94 Mn |
| 7 | Watts Water Technologies | 11.74 Bn | 11.40 Bn | 374.10 Mn |
| 8 | Flowserve | 9.30 Bn | 8.57 Bn | 384.73 Mn |
| 9 | Pentair | 9.12 Bn | 9.03 Bn | 395.00 Mn |
| 10 | Perma-Pipe International Holdings | 239.30 Mn | 207.46 Mn | 14.64 Mn |
Historic Data
Download Data
Historic 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 | 4.20 Mn |
| Jul 31, 2023 | 1.74 Mn |