Perma-Pipe International Holdings (PPIH) Return on Invested Capital [ROIC] (2011 - 2026)
Perma-Pipe International Holdings' Return on Invested Capital [ROIC] came in at 16.76% for fiscal Q2 2027 (quarter ended Jul 31, 2026), up 0.18 percentage points from 16.57% a year earlier and up 1.25 percentage points from the prior quarter.
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Analysis
Perma-Pipe International Holdings (PPIH) Return on Invested Capital [ROIC] (2011 - 2026) Analysis & Trends
For FY2026 (ended Jan 31, 2026), Perma-Pipe International Holdings' Return on Invested Capital [ROIC] was 21.24%, up 3.31 percentage points from FY2025.
- Return on Invested Capital [ROIC] carries a five-year change of +38.39 percentage points (FY2021 to FY2026).
- Going back by fiscal year, Return on Invested Capital [ROIC] was 17.93% in FY2025 (-0.64 pp), 18.57% in FY2024 (+8.28 pp), 10.29% in FY2023 (+0.91 pp) and 9.39% in FY2022 (+26.53 pp).
- The five-year range for quarterly Return on Invested Capital [ROIC] is 0.67% (fiscal Q3 2022) to 24.85% (fiscal Q2 2025).
- Year-over-year, Return on Invested Capital [ROIC] increased in three of the last eight quarters, with an average year-over-year change of -0.77 percentage points.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in fiscal Q4 2022 (a gain of 28.04 percentage points), and the weakest in fiscal Q2 2026 (a drop of 8.28 percentage points).
- Business Quant data shows PPIH's Return on Invested Capital [ROIC] at 15.51% (Q1 2027), 18.53% (Q4 2026) and 18.85% (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 388.70 Bn | 360.40 Bn | 7.76 Bn | 15.86% |
| 2 | Amphenol | 214.42 Bn | 209.12 Bn | 3.55 Bn | 16.52% |
| 3 | Deere | 185.30 Bn | 194.07 Bn | 4.66 Bn | 9.33% |
| 4 | Eaton | 169.35 Bn | 166.59 Bn | 2.86 Bn | 10.34% |
| 5 | Parker-Hannifin | 122.64 Bn | 120.77 Bn | 2.25 Bn | 15.40% |
| 6 | Vertiv Holdings | 97.12 Bn | 87.74 Bn | 1.23 Bn | 23.98% |
| 7 | Emerson Electric | 90.13 Bn | 82.89 Bn | 2.66 Bn | 10.94% |
| 8 | 3M | 83.49 Bn | 64.94 Bn | 2.68 Bn | 22.67% |
| 9 | Illinois Tool Works | 74.89 Bn | 71.45 Bn | 1.90 Bn | 27.10% |
| 10 | Perma-Pipe International Holdings | 261.09 Mn | 172.57 Mn | 17.41 Mn | 16.76% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 16.76% |
| Apr 30, 2026 | 15.51% |
| Jan 31, 2026 | 18.53% |
| Oct 31, 2025 | 18.85% |
| Jul 31, 2025 | 16.57% |
| Apr 30, 2025 | 21.02% |
| Jan 31, 2025 | 16.65% |
| Oct 31, 2024 | 22.57% |
| Jul 31, 2024 | 24.85% |
| Apr 30, 2024 | 21.72% |
| Jan 31, 2024 | 18.59% |
| Oct 31, 2023 | 10.65% |
| Jul 31, 2023 | 8.53% |
| Apr 30, 2023 | 9.75% |
| Jan 31, 2023 | 10.29% |
| Oct 31, 2022 | 11.01% |
| Jul 31, 2022 | 7.75% |
| Apr 30, 2022 | 9.59% |
| Jan 31, 2022 | 9.17% |
| Oct 31, 2021 | 0.67% |
API Access
Perma-Pipe International Holdings Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=PPIH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=PPIH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();