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' Operating Leases history runs 8 years deep, the most recent figure standing at $15.1 million for Q2 2026.

  • On a quarterly basis, Operating Leases rose 87.0% year-over-year to $15.1 million in Q2 2026; TTM through Apr 2026 was $15.1 million, a 87.0% increase from a year earlier, with the FY2026 full-year figure at $12.1 million, up 57.2% from the prior year.
  • Operating Leases was $15.1 million for Q2 2026 at Perma-Pipe International Holdings, up from $12.1 million in the prior quarter.
  • Over the last five years, Operating Leases for PPIH reached as high as $15.1 million in Q2 2026 and fell as low as $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.
  • The widest annual swing landed in 2023, when Operating Leases slumped 62.27%; it then soared 87.0% in 2026.
  • Tracing PPIH's Operating Leases over 5 years: stood at $6.4 million in 2022, then retreated by 3.82% to $6.1 million in 2023, then climbed by 15.64% to $7.1 million in 2024, then surged by 58.7% to $11.3 million in 2025, then jumped by 34.26% to $15.1 million in 2026.
  • According to Business Quant data, Operating Leases over the past three periods registered $15.1 million, $12.1 million, and $11.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Trane Technologies 107.22 Bn 106.17 Bn 1.73 Bn
2 Johnson Controls International 89.13 Bn 88.60 Bn 2.07 Bn
3 Carrier Global 60.07 Bn 59.04 Bn 4.82 Bn
4 Lennox International 18.56 Bn 18.51 Bn 351.30 Mn
5 Masco 15.26 Bn 15.14 Bn 686.00 Mn
6 Carlisle Companies 14.75 Bn 13.98 Bn 363.20 Mn
7 SPX Technologies 12.03 Bn 11.87 Bn 230.60 Mn
8 Advanced Drainage Systems 11.45 Bn 11.30 Bn 237.66 Mn
9 Aaon 11.16 Bn 11.16 Bn 109.77 Mn
10 Perma-Pipe International Holdings 234.43 Mn 219.08 Mn 14.64 Mn

Historic Data

Download Data
DateValue
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