Perma-Pipe International Holdings (PPIH) Return on Capital Employed (2011 - 2026)
Perma-Pipe International Holdings' (PPIH) quarterly Return on Capital Employed came in at 16.77% in Q2 2026, down 600.0% YoY from 3.35% in Q2 2025, and down 21.71% on a QoQ basis from 21.43% in Q1 2026.
Perma-Pipe International Holdings (PPIH) Return on Capital Employed (2011 - 2026) Analysis & Trends
Perma-Pipe International Holdings' Return on Capital Employed history runs 16 years deep, the most recent figure standing at 16.77% for Q2 2026.
- On a quarterly basis, Return on Capital Employed fell 600.0% year-over-year to 16.77% in Q2 2026; TTM through Apr 2026 was 16.77%, a 600.0% decrease from a year earlier, with the FY2026 full-year figure at 26.39%, up 732.0% from the prior year.
- Return on Capital Employed was 16.77% for Q2 2026 at Perma-Pipe International Holdings, down from 21.43% in the prior quarter.
- Over the last five years, Return on Capital Employed for PPIH reached as high as 23.92% in Q4 2025 and fell as low as 1.69% in Q3 2023.
- A 5-year average of 9.47% and a median of 5.68% in 2022 frame the typical range for Return on Capital Employed.
- The widest annual swing landed in 2022, when Return on Capital Employed plunged 796 bps; it then jumped 1751 bps in 2025.
- Tracing PPIH's Return on Capital Employed over 5 years: stood at 6.11% in 2022, then plunged by 47 bps to 3.24% in 2023, then surged by 138 bps to 7.72% in 2024, then surged by 210 bps to 23.92% in 2025, then slipped by 30 bps to 16.77% in 2026.
- According to Business Quant data, Return on Capital Employed over the past three periods registered 16.77%, 21.43%, and 23.92% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 107.22 Bn | 106.17 Bn | 1.73 Bn | 26.55% |
| 2 | Johnson Controls International | 89.13 Bn | 88.60 Bn | 2.07 Bn | 11.49% |
| 3 | Carrier Global | 60.07 Bn | 59.04 Bn | 4.82 Bn | 6.30% |
| 4 | Lennox International | 18.56 Bn | 18.51 Bn | 351.30 Mn | 35.83% |
| 5 | Masco | 15.26 Bn | 15.14 Bn | 686.00 Mn | 35.86% |
| 6 | Carlisle Companies | 14.75 Bn | 13.98 Bn | 363.20 Mn | 18.08% |
| 7 | SPX Technologies | 12.03 Bn | 11.87 Bn | 230.60 Mn | 11.39% |
| 8 | Advanced Drainage Systems | 11.45 Bn | 11.30 Bn | 237.66 Mn | 16.23% |
| 9 | Aaon | 11.16 Bn | 11.16 Bn | 109.77 Mn | 11.43% |
| 10 | Perma-Pipe International Holdings | 234.43 Mn | 219.08 Mn | 14.64 Mn | 16.77% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 16.77% |
| Jan 31, 2026 | 21.43% |
| Oct 31, 2025 | 23.92% |
| Jul 31, 2025 | 18.92% |
| Apr 30, 2025 | 22.77% |
| Jan 31, 2025 | 18.64% |
| Oct 31, 2024 | 7.72% |
| Jul 31, 2024 | 8.45% |
| Apr 30, 2024 | 5.26% |
| Jan 31, 2024 | 2.26% |
| Oct 31, 2023 | 3.24% |
| Jul 31, 2023 | 1.69% |
| Apr 30, 2023 | 2.50% |
| Jan 31, 2023 | 2.49% |
| Oct 31, 2022 | 6.11% |
| Jul 31, 2022 | 2.75% |
| Apr 30, 2022 | 3.57% |
| Jan 31, 2022 | 2.07% |
| Oct 31, 2021 | 14.07% |
| Jul 31, 2021 | 9.35% |