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
DateValue
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%