Perma-Pipe International Holdings (PPIH) Operating Leases (2019 - 2026)
Perma-Pipe International Holdings posted quarterly Operating Leases of $12.1 million for Q1 2026, up 57.2% year-on-year from $7.7 million in Q1 2025, and up 7.55% on a QoQ basis from $11.3 million in Q4 2025.
Perma-Pipe International Holdings (PPIH) has 8 years of Operating Leases data on file, last reported at $12.1 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Leases rose 57.2% year-over-year to $12.1 million; the trailing twelve-month figure through Jan 2026 stood at $12.1 million (up 57.2% YoY), and the FY2026 full-year result was $12.1 million, up 57.2% from the prior year.
- Operating Leases for Q1 2026 stood at $12.1 million, up from $11.3 million in the prior quarter.
- Across five years, Operating Leases topped out at $12.1 million in Q1 2026 and bottomed at $4.2 million in Q2 2023.
- The 5-year median for Operating Leases is $7.0 million (2023), against an average of $7.6 million.
- The widest annual swing landed in 2023, when Operating Leases slumped 62.27%; it then jumped 70.8% in 2025.
- A 5-year view of Operating Leases shows it stood at $6.4 million in 2022, then slipped by 3.82% to $6.1 million in 2023, then increased by 15.64% to $7.1 million in 2024, then jumped by 58.7% to $11.3 million in 2025, then climbed by 7.55% to $12.1 million in 2026.
- The last three Operating Leases figures came in at $12.1 million (Q1 2026), $11.3 million (Q4 2025), and $11.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Trane Technologies | 99.95 Bn | 98.89 Bn | 1.73 Bn |
| 2 | Johnson Controls International | 84.54 Bn | 84.01 Bn | 2.07 Bn |
| 3 | Carrier Global | 52.72 Bn | 51.70 Bn | 4.82 Bn |
| 4 | Lennox International | 16.87 Bn | 16.82 Bn | 351.30 Mn |
| 5 | Masco | 13.72 Bn | 13.60 Bn | 686.00 Mn |
| 6 | Carlisle Companies | 13.62 Bn | 12.85 Bn | 363.20 Mn |
| 7 | Aaon | 10.97 Bn | 10.97 Bn | 109.77 Mn |
| 8 | SPX Technologies | 10.37 Bn | 10.22 Bn | 230.60 Mn |
| 9 | Advanced Drainage Systems | 10.34 Bn | 10.19 Bn | 237.66 Mn |
| 10 | Perma-Pipe International Holdings | 251.39 Mn | 244.76 Mn | 17.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Apr 30, 2021 | 12.19 Mn |
| Jan 31, 2021 | 13.17 Mn |
| Oct 31, 2020 | 13.48 Mn |
| Jul 31, 2020 | 10.56 Mn |
| Apr 30, 2020 | 10.85 Mn |
| Jan 31, 2020 | 11.21 Mn |
| Oct 31, 2019 | 10.62 Mn |
| Jul 31, 2019 | 10.45 Mn |
| Apr 30, 2019 | 9.49 Mn |