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 (PPIH) has 16 years of Return on Capital Employed data on file, last reported at 16.77% in Q2 2026.
- Quarterly Return on Capital Employed fell 600.0% year-over-year to 16.77% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 16.77% (down 600.0% YoY) and the FY2026 annual result came in at 26.39%, up 732.0% from the prior year.
- Return on Capital Employed slipped to 16.77% in Q2 2026, from 21.43% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 23.92% in Q4 2025 to a low of 9.59% in Q1 2022.
- A 5-year average of 16.31% and a median of 15.63% in 2026 frame the typical range for Return on Capital Employed.
- Annual changes were most pronounced in 2022 — Return on Capital Employed soared 2518 bps — and 2026, when it tumbled 600 bps.
- Tracing PPIH's Return on Capital Employed over 5 years: stood at 13.99% in 2022, then decreased by 1 bps to 13.83% in 2023, then soared by 33 bps to 18.41% in 2024, then grew by 30 bps to 23.92% in 2025, then dropped by 30 bps to 16.77% in 2026.
- The last three Return on Capital Employed figures came in at 16.77% (Q2 2026), 21.43% (Q1 2026), and 23.92% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.71 Bn | 98.39 Bn | 2.26 Bn | 26.65% |
| 2 | Johnson Controls International | 87.29 Bn | 86.65 Bn | 2.47 Bn | 10.93% |
| 3 | Carrier Global | 49.78 Bn | 48.43 Bn | 1.94 Bn | 6.15% |
| 4 | Masco | 14.62 Bn | 14.07 Bn | 868.00 Mn | 36.39% |
| 5 | Carlisle Companies | 14.41 Bn | 13.74 Bn | 568.40 Mn | 19.44% |
| 6 | Lennox International | 14.06 Bn | 14.01 Bn | 539.50 Mn | 35.00% |
| 7 | Owens Corning | 11.84 Bn | 11.57 Bn | 793.00 Mn | 0.50% |
| 8 | Advanced Drainage Systems | 10.91 Bn | 10.75 Bn | 408.05 Mn | 17.03% |
| 9 | SPX Technologies | 10.27 Bn | 10.10 Bn | 272.80 Mn | 12.10% |
| 10 | Perma-Pipe International Holdings | 217.53 Mn | 185.69 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 | 18.41% |
| Jul 31, 2024 | 19.54% |
| Apr 30, 2024 | 16.80% |
| Jan 31, 2024 | 14.49% |
| Oct 31, 2023 | 13.83% |
| Jul 31, 2023 | 13.67% |
| Apr 30, 2023 | 14.38% |
| Jan 31, 2023 | 13.83% |
| Oct 31, 2022 | 13.99% |
| Jul 31, 2022 | 11.12% |
| Apr 30, 2022 | 11.53% |
| Jan 31, 2022 | 9.59% |
| Oct 31, 2021 | 2.56% |
| Jul 31, 2021 | -2.87% |