Perma-Pipe International Holdings (PPIH) Return on Capital Employed (2011 - 2026)
Perma-Pipe International Holdings posted quarterly Return on Capital Employed of 4.2% for Q1 2026, down 1443.0% year-on-year from 0.31% in Q1 2025, and down 82.44% on a QoQ basis from 23.92% in Q4 2025.
Perma-Pipe International Holdings (PPIH) has 16 years of Return on Capital Employed data on file, last reported at 4.2% in Q1 2026.
- For the quarter ending Q1 2026, Return on Capital Employed fell 1443.0% year-over-year to 4.2%; the trailing twelve-month figure through Jan 2026 stood at 4.2% (down 1443.0% YoY), and the FY2026 full-year result was 5.18%, down 1390.0% from the prior year.
- Return on Capital Employed for Q1 2026 stood at 4.2%, down from 23.92% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 23.92% in Q4 2025 and bottomed at 1.69% in Q3 2023.
- The 5-year median for Return on Capital Employed is 4.2% (2026), against an average of 8.03%.
- The widest annual swing landed in 2022, when Return on Capital Employed surged 1766 bps; it then plunged 1443 bps in 2026.
- A 5-year view of Return on Capital Employed shows it stood at 6.11% in 2022, then slumped by 47 bps to 3.24% in 2023, then jumped by 138 bps to 7.72% in 2024, then jumped by 210 bps to 23.92% in 2025, then slumped by 82 bps to 4.2% in 2026.
- The last three Return on Capital Employed figures came in at 4.2% (Q1 2026), 23.92% (Q4 2025), and 18.92% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.95 Bn | 98.89 Bn | 1.73 Bn | 26.55% |
| 2 | Johnson Controls International | 84.54 Bn | 84.01 Bn | 2.07 Bn | 11.49% |
| 3 | Carrier Global | 52.72 Bn | 51.70 Bn | 4.82 Bn | 6.30% |
| 4 | Lennox International | 16.87 Bn | 16.82 Bn | 351.30 Mn | 35.83% |
| 5 | Masco | 13.72 Bn | 13.60 Bn | 686.00 Mn | 35.86% |
| 6 | Carlisle Companies | 13.62 Bn | 12.85 Bn | 363.20 Mn | 18.08% |
| 7 | Aaon | 10.97 Bn | 10.97 Bn | 109.77 Mn | 11.43% |
| 8 | SPX Technologies | 10.37 Bn | 10.22 Bn | 230.60 Mn | 11.39% |
| 9 | Advanced Drainage Systems | 10.34 Bn | 10.19 Bn | 237.66 Mn | 16.23% |
| 10 | Perma-Pipe International Holdings | 251.39 Mn | 244.76 Mn | 17.34 Mn | 4.20% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 4.20% |
| 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 | 2.56% |
| Jul 31, 2021 | -2.87% |
| Apr 30, 2021 | -12.83% |
| Jan 31, 2021 | -15.59% |
| Oct 31, 2020 | -15.33% |
| Jul 31, 2020 | -9.21% |
| Apr 30, 2020 | -0.55% |
| Jan 31, 2020 | 1.31% |
| Oct 31, 2019 | 4.60% |
| Jul 31, 2019 | 4.05% |
| Apr 30, 2019 | 0.37% |
| Jan 31, 2019 | 0.52% |
| Oct 31, 2018 | 9.46% |
| Jul 31, 2018 | 3.34% |
| Apr 30, 2018 | -0.83% |
| Jan 31, 2018 | -5.45% |
| Oct 31, 2017 | -18.04% |
| Jul 31, 2017 | -15.98% |
| Apr 30, 2017 | -15.61% |
| Jan 31, 2017 | -15.23% |
| Oct 31, 2016 | -8.55% |
| Jul 31, 2016 | 2.68% |
| Apr 30, 2016 | 2.59% |
| Jan 31, 2016 | 3.15% |
| Oct 31, 2015 | 1.28% |
| Jul 31, 2015 | -9.94% |
| Apr 30, 2015 | -3.93% |
| Jan 31, 2015 | 6.75% |
| Oct 31, 2014 | 4.45% |
| Jul 31, 2014 | 10.72% |
| Apr 30, 2014 | 14.19% |
| Jan 31, 2014 | 11.27% |
| Oct 31, 2013 | 7.19% |
| Jul 31, 2013 | 1.36% |
| Apr 30, 2013 | -4.02% |
| Jan 31, 2013 | -8.12% |
| Oct 31, 2012 | -6.97% |
| Jul 31, 2012 | -5.18% |
| Apr 30, 2012 | -4.77% |
| Jan 31, 2012 | -4.11% |
| Oct 31, 2011 | -1.66% |