Growth Metrics

Perma-Pipe International Holdings (PPIH) Net Margin (2016 - 2025)

Perma-Pipe International Holdings (PPIH) has disclosed Net Margin for 16 consecutive years, with 18.65% as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Net Margin rose 1034.0% year-over-year to 18.65%, compared with a TTM value of 4.95% through Oct 2025, down 371.0%, and an annual FY2025 reading of 0.08%, down 410.0% over the prior year.
  • Net Margin was 18.65% for Q4 2025 at Perma-Pipe International Holdings, up from 3.54% in the prior quarter.
  • Across five years, Net Margin topped out at 26.0% in Q1 2023 and bottomed at 24.56% in Q1 2025.
  • Average Net Margin over 5 years is 5.87%, with a median of 7.52% recorded in 2022.
  • The sharpest move saw Net Margin skyrocketed 1819bps in 2023, then crashed -3258bps in 2025.
  • Year by year, Net Margin stood at 1.41% in 2021, then surged by 438bps to 7.57% in 2022, then surged by 41bps to 10.72% in 2023, then dropped by -22bps to 8.31% in 2024, then skyrocketed by 124bps to 18.65% in 2025.
  • Business Quant data shows Net Margin for PPIH at 18.65% in Q4 2025, 3.54% in Q3 2025, and 16.88% in Q2 2025.