Perma-Pipe International Holdings (PPIH) Operating Leases (2019 - 2026)
Perma-Pipe International Holdings' (PPIH) quarterly Operating Leases came in at $15.1 million in Q2 2026, up 87.0% YoY from $8.1 million in Q2 2025, and up 24.83% on a QoQ basis from $12.1 million in Q1 2026.
Perma-Pipe International Holdings (PPIH) Operating Leases (2019 - 2026) Analysis & Trends
Perma-Pipe International Holdings (PPIH) has 8 years of Operating Leases data on file, last reported at $15.1 million in Q2 2026.
- Quarterly Operating Leases rose 87.0% year-over-year to $15.1 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $15.1 million (up 87.0% YoY) and the FY2026 annual result came in at $12.1 million, up 57.2% from the prior year.
- Operating Leases grew to $15.1 million in Q2 2026, from $12.1 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $15.1 million in Q2 2026 to a low of $4.2 million in Q2 2023.
- A 5-year average of $8.0 million and a median of $7.0 million in 2022 frame the typical range for Operating Leases.
- Annual changes were most pronounced in 2023 — Operating Leases plunged 62.27% — and 2026, when it jumped 87.0%.
- Tracing PPIH's Operating Leases over 5 years: stood at $6.4 million in 2022, then decreased by 3.82% to $6.1 million in 2023, then grew by 15.64% to $7.1 million in 2024, then soared by 58.7% to $11.3 million in 2025, then surged by 34.26% to $15.1 million in 2026.
- The last three Operating Leases figures came in at $15.1 million (Q2 2026), $12.1 million (Q1 2026), and $11.3 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Trane Technologies | 100.49 Bn | 99.17 Bn | 2.26 Bn |
| 2 | Johnson Controls International | 88.26 Bn | 87.62 Bn | 2.47 Bn |
| 3 | Carrier Global | 50.33 Bn | 48.98 Bn | 1.94 Bn |
| 4 | Carlisle Companies | 14.67 Bn | 14.01 Bn | 568.40 Mn |
| 5 | Masco | 14.62 Bn | 14.07 Bn | 868.00 Mn |
| 6 | Lennox International | 14.11 Bn | 14.06 Bn | 539.50 Mn |
| 7 | Owens Corning | 11.93 Bn | 11.66 Bn | 793.00 Mn |
| 8 | Advanced Drainage Systems | 10.90 Bn | 10.74 Bn | 408.05 Mn |
| 9 | SPX Technologies | 10.37 Bn | 10.21 Bn | 272.80 Mn |
| 10 | Perma-Pipe International Holdings | 224.19 Mn | 192.35 Mn | 14.64 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 15.14 Mn |
| Jan 31, 2026 | 12.13 Mn |
| Oct 31, 2025 | 11.27 Mn |
| Jul 31, 2025 | 11.43 Mn |
| Apr 30, 2025 | 8.09 Mn |
| Jan 31, 2025 | 7.71 Mn |
| Oct 31, 2024 | 7.10 Mn |
| Jul 31, 2024 | 6.69 Mn |
| Apr 30, 2024 | 6.03 Mn |
| Jan 31, 2024 | 6.27 Mn |
| Oct 31, 2023 | 6.14 Mn |
| Jul 31, 2023 | 6.95 Mn |
| Apr 30, 2023 | 4.21 Mn |
| Jan 31, 2023 | 4.25 Mn |
| Oct 31, 2022 | 6.39 Mn |
| Jul 31, 2022 | 6.78 Mn |
| Apr 30, 2022 | 7.04 Mn |
| Jan 31, 2022 | 11.27 Mn |
| Oct 31, 2021 | 11.59 Mn |
| Jul 31, 2021 | 11.89 Mn |