Perma-Pipe International Holdings (PPIH) Operating Leases (2019 - 2026)
Perma-Pipe International Holdings' Operating Leases was $14.72 million in fiscal Q2 2027 (quarter ended Jul 31, 2026), up 28.9% from $11.43 million a year earlier but down 2.7% from the prior quarter.
Perma-Pipe International Holdings (PPIH) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2026 (ended Jan 31, 2026), Operating Leases at Perma-Pipe International Holdings came in at $12.13 million, up 57.2% from FY2025.
- Operating Leases has now increased for three consecutive fiscal years, though with a five-year compound annual growth rate of -1.6% (FY2021 to FY2026).
- In earlier fiscal years, Operating Leases was $7.71 million in FY2025 (+23.0%), $6.27 million in FY2024 (+47.5%), $4.25 million in FY2023 (-62.3%) and $11.27 million in FY2022 (-14.5%).
- Quarterly Operating Leases has moved between $4.21 million (fiscal Q1 2024) and $15.14 million (fiscal Q1 2027) over five years.
- Compared with a year earlier, Operating Leases has increased for eight straight quarters, with growth averaging 46.9% over the last eight quarters.
- The best year-over-year quarter for Operating Leases over five years was fiscal Q1 2027 (growth of 87.0%); the worst was fiscal Q4 2023 (a decline of 62.3%).
- Per Business Quant data, PPIH's Operating Leases in the three fiscal quarters before Q2 2027 was $15.14 million (Q1 2027), $12.13 million (Q4 2026) and $11.27 million (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn |
| 10 | Perma-Pipe International Holdings | 252.08 Mn | 163.56 Mn | 17.41 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 14.72 Mn |
| 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 |
Perma-Pipe International Holdings Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=PPIH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "PPIH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=PPIH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();