Perma-Pipe International Holdings (PPIH) Return on Capital Employed [ROCE] (2011 - 2026)
Perma-Pipe International Holdings (PPIH) reported Return on Capital Employed [ROCE] of 17.37% for fiscal Q2 2027 (quarter ended Jul 31, 2026), down 1.55 percentage points from 18.92% a year earlier but up 0.59 percentage points from the prior quarter.
Perma-Pipe International Holdings (PPIH) Return on Capital Employed [ROCE] (2011 - 2026) Analysis & Trends
For FY2026 (ended Jan 31, 2026), Perma-Pipe International Holdings posted Return on Capital Employed [ROCE] of 26.39%, up 7.32 percentage points from FY2025.
- Return on Capital Employed [ROCE] has increased for five consecutive fiscal years, with a five-year change of +40.76 percentage points (FY2021 to FY2026).
- By fiscal year, Return on Capital Employed [ROCE] came in at 19.08% in FY2025 (+2.71 pp), 16.37% in FY2024 (+2.34 pp), 14.04% in FY2023 (+3.17 pp) and 10.87% in FY2022 (+25.23 pp).
- Five-year quarterly Return on Capital Employed [ROCE] spans a low of 2.56% in fiscal Q3 2022 and a high of 23.92% in fiscal Q3 2026.
- Year over year, Return on Capital Employed [ROCE] gained in five of the last eight quarters, with an average year-over-year change of +1.86 percentage points.
- The high point for year-over-year Return on Capital Employed [ROCE] in five years was fiscal Q4 2022 (a gain of 25.18 percentage points); the low point was fiscal Q1 2027 (a drop of 6.00 percentage points).
- Per Business Quant data, the three fiscal quarters before Q2 2027 came in at 16.77% (Q1 2027), 21.43% (Q4 2026) and 23.92% (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 379.87 Bn | 351.57 Bn | 7.76 Bn | 22.08% |
| 2 | Amphenol | 211.41 Bn | 206.11 Bn | 3.55 Bn | 23.04% |
| 3 | Deere | 179.93 Bn | 188.69 Bn | 4.66 Bn | - |
| 4 | Eaton | 169.93 Bn | 167.16 Bn | 2.86 Bn | 12.16% |
| 5 | Parker-Hannifin | 121.78 Bn | 119.91 Bn | 2.25 Bn | 18.77% |
| 6 | Vertiv Holdings | 94.75 Bn | 85.37 Bn | 1.23 Bn | 29.36% |
| 7 | Emerson Electric | 88.42 Bn | 81.17 Bn | 2.66 Bn | 14.90% |
| 8 | 3M | 84.08 Bn | 65.54 Bn | 2.68 Bn | 19.43% |
| 9 | Illinois Tool Works | 74.29 Bn | 70.85 Bn | 1.90 Bn | 41.86% |
| 10 | Perma-Pipe International Holdings | 256.67 Mn | 168.15 Mn | 17.41 Mn | 17.37% |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 17.37% |
| 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% |
Perma-Pipe International Holdings Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=PPIH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "PPIH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=PPIH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();