Perma-Pipe International Holdings (PPIH) Return on Invested Capital [ROIC] (2009 - 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] (2009 - 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 | 267.46 Bn | 238.77 Bn | 7.35 Bn | 16.80% |
| 2 | Amphenol | 197.37 Bn | 192.21 Bn | 4.02 Bn | 18.53% |
| 3 | Deere | 185.36 Bn | 194.13 Bn | 4.66 Bn | 5.47% |
| 4 | Eaton | 137.64 Bn | 134.62 Bn | 3.11 Bn | 10.72% |
| 5 | Parker-Hannifin | 121.80 Bn | 119.79 Bn | 2.26 Bn | 13.34% |
| 6 | 3M | 97.84 Bn | 80.25 Bn | 2.78 Bn | 22.04% |
| 7 | Emerson Electric | 93.37 Bn | 85.86 Bn | 2.74 Bn | 11.23% |
| 8 | Illinois Tool Works | 81.86 Bn | 78.53 Bn | 1.91 Bn | 27.11% |
| 9 | Vertiv Holdings | 74.77 Bn | 63.62 Bn | 1.64 Bn | 26.27% |
| 10 | Perma-Pipe International Holdings | 242.00 Mn | 153.48 Mn | 17.41 Mn | 16.44% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 16.44% |
| Apr 30, 2026 | 15.21% |
| Jan 31, 2026 | 18.23% |
| Oct 31, 2025 | 18.03% |
| Jul 31, 2025 | 15.48% |
| Apr 30, 2025 | 20.28% |
| Jan 31, 2025 | 16.11% |
| Oct 31, 2024 | 21.19% |
| Jul 31, 2024 | 23.03% |
| Apr 30, 2024 | 20.23% |
| Jan 31, 2024 | 17.09% |
| Oct 31, 2023 | 9.54% |
| Jul 31, 2023 | 7.79% |
| Apr 30, 2023 | 9.08% |
| Jan 31, 2023 | 9.35% |
| Oct 31, 2022 | 9.70% |
| Jul 31, 2022 | 6.89% |
| Apr 30, 2022 | 8.98% |
| Jan 31, 2022 | 8.92% |
| Oct 31, 2021 | 0.65% |
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();