Perma-Pipe International Holdings (PPIH) Tax Rate (2010 - 2026)
Perma-Pipe International Holdings' (PPIH) quarterly Tax Rate came in at 33.96% in Q2 2026, up 1269.0% on a YoY basis from 2.48% in Q2 2025, and up 497.71% quarter-over-quarter from 5.68% in Q1 2026.
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Perma-Pipe International Holdings (PPIH) Tax Rate (2010 - 2026) Analysis & Trends
Perma-Pipe International Holdings (PPIH) has reported Tax Rate for 17 consecutive years, with 33.96% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate rose 1269.0% year-over-year to 33.96%; the trailing twelve-month figure through Apr 2026 stood at 20.99% (down 109.0% YoY), and the FY2026 full-year result was 19.6%, down 363.0% from the prior year.
- Tax Rate improved to 33.96% in Q2 2026 per PPIH's latest filing, from 5.68% in the prior quarter.
- Across five years, Tax Rate topped out at 54.13% in Q3 2025 and bottomed at 456.6% in Q2 2022.
- Historically, Tax Rate has averaged 14.04% across 5 years, with a median of 25.38% in 2024.
- The sharpest annual moves came in 2022 and 2023: Tax Rate sank 43227 bps in 2022, then jumped 24893 bps in 2023.
- Over 5 years, Tax Rate stood at 39.81% in 2022, then decreased by 21 bps to 31.3% in 2023, then rose by 2 bps to 31.87% in 2024, then retreated by 14 bps to 27.39% in 2025, then advanced by 24 bps to 33.96% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 33.96%, 5.68%, and 27.39% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Parker-Hannifin | 117.96 Bn | 117.45 Bn | 2.25 Bn | 18.51% |
| 2 | Emerson Electric | 82.85 Bn | 80.67 Bn | 2.66 Bn | 21.62% |
| 3 | Ingersoll Rand | 28.47 Bn | 27.30 Bn | 862.60 Mn | 21.13% |
| 4 | Itt | 17.56 Bn | 16.97 Bn | 510.10 Mn | 36.02% |
| 5 | Idex | 16.38 Bn | 15.76 Bn | 426.80 Mn | 22.94% |
| 6 | Graco | 12.43 Bn | 11.93 Bn | 316.94 Mn | 20.13% |
| 7 | Watts Water Technologies | 11.74 Bn | 11.40 Bn | 374.10 Mn | 23.03% |
| 8 | Flowserve | 9.30 Bn | 8.57 Bn | 384.73 Mn | 14.41% |
| 9 | Pentair | 9.12 Bn | 9.03 Bn | 395.00 Mn | 12.46% |
| 10 | Perma-Pipe International Holdings | 239.30 Mn | 207.46 Mn | 14.64 Mn | 33.96% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 33.96% |
| Jan 31, 2026 | 5.68% |
| Oct 31, 2025 | 27.39% |
| Jul 31, 2025 | 54.13% |
| Apr 30, 2025 | 21.27% |
| Jan 31, 2025 | 16.97% |
| Oct 31, 2024 | 31.87% |
| Jul 31, 2024 | 23.36% |
| Apr 30, 2024 | 30.08% |
| Jan 31, 2024 | 2.92% |
| Oct 31, 2023 | 31.30% |
| Jul 31, 2023 | 45.22% |
| Apr 30, 2023 | -207.67% |
| Jan 31, 2023 | 8.97% |
| Oct 31, 2022 | 39.81% |
| Jul 31, 2022 | 32.33% |
| Apr 30, 2022 | -456.60% |
| Jan 31, 2022 | 6.29% |
| Oct 31, 2021 | 67.41% |
| Jul 31, 2021 | 20.13% |