Perma-Pipe International Holdings (PPIH) Retained Earnings (2011 - 2026)
Perma-Pipe International Holdings' (PPIH) quarterly Retained Earnings came in at $61.2 million in Q2 2026, up 941.72% YoY from $5.9 million in Q2 2025, and up 897.43% on a QoQ basis from -$7.7 million in Q1 2026.
Perma-Pipe International Holdings (PPIH) Retained Earnings (2011 - 2026) Analysis & Trends
Perma-Pipe International Holdings (PPIH) has 16 years of Retained Earnings data on file, last reported at $61.2 million in Q2 2026.
- Quarterly Retained Earnings rose 941.72% year-over-year to $61.2 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $61.2 million (up 941.72% YoY) and the FY2026 annual result came in at -$7.7 million, down 112.77% from the prior year.
- Retained Earnings advanced to $61.2 million in Q2 2026, from -$7.7 million in the prior quarter.
- In the past five years, Retained Earnings ranged from a high of $63.0 million in Q4 2023 to a low of -$7.7 million in Q1 2026.
- A 5-year average of $26.7 million and a median of $22.2 million in 2024 frame the typical range for Retained Earnings.
- Annual changes were most pronounced in 2022 — Retained Earnings jumped 1926.76% — and 2023, when it sank 116.54%.
- Tracing PPIH's Retained Earnings over 5 years: stood at -$6.0 million in 2022, then jumped by 1153.54% to $63.0 million in 2023, then dropped by 4.54% to $60.1 million in 2024, then plunged by 46.41% to $32.2 million in 2025, then soared by 90.04% to $61.2 million in 2026.
- The last three Retained Earnings figures came in at $61.2 million (Q2 2026), -$7.7 million (Q1 2026), and $32.2 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 100.28 Bn | 98.97 Bn | 2.26 Bn | 10.53 Bn |
| 2 | Johnson Controls International | 87.60 Bn | 86.96 Bn | 2.47 Bn | -431.00 Mn |
| 3 | Carrier Global | 50.18 Bn | 48.83 Bn | 1.94 Bn | 12.54 Bn |
| 4 | Carlisle Companies | 14.71 Bn | 14.05 Bn | 568.40 Mn | 7.63 Bn |
| 5 | Masco | 14.68 Bn | 14.13 Bn | 868.00 Mn | -849.00 Mn |
| 6 | Lennox International | 14.10 Bn | 14.04 Bn | 539.50 Mn | 5.19 Bn |
| 7 | Owens Corning | 11.96 Bn | 11.69 Bn | 793.00 Mn | 4.46 Bn |
| 8 | Advanced Drainage Systems | 10.97 Bn | 10.81 Bn | 408.05 Mn | 2.02 Bn |
| 9 | SPX Technologies | 10.22 Bn | 10.05 Bn | 272.80 Mn | 621.10 Mn |
| 10 | Perma-Pipe International Holdings | 224.93 Mn | 193.08 Mn | 14.64 Mn | 61.24 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 61.24 Mn |
| Jan 31, 2026 | -7.68 Mn |
| Oct 31, 2025 | 32.22 Mn |
| Jul 31, 2025 | -7.39 Mn |
| Apr 30, 2025 | -7.28 Mn |
| Jan 31, 2025 | 60.15 Mn |
| Oct 31, 2024 | 60.13 Mn |
| Jul 31, 2024 | 59.81 Mn |
| Apr 30, 2024 | 59.87 Mn |
| Jan 31, 2024 | 12.09 Mn |
| Oct 31, 2023 | 62.99 Mn |
| Jul 31, 2023 | -6.55 Mn |
| Apr 30, 2023 | -6.89 Mn |
| Jan 31, 2023 | -6.45 Mn |
| Oct 31, 2022 | -5.98 Mn |
| Jul 31, 2022 | 62.06 Mn |
| Apr 30, 2022 | -3.18 Mn |
| Jan 31, 2022 | 61.77 Mn |
| Oct 31, 2021 | -3.38 Mn |
| Jul 31, 2021 | -3.40 Mn |