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% YoY from 2.48% in Q2 2025, and up 497.71% on a QoQ basis from 5.68% in Q1 2026.

Perma-Pipe International Holdings (PPIH) Tax Rate (2010 - 2026) Analysis & Trends

Perma-Pipe International Holdings' Tax Rate history runs 17 years deep, the most recent figure standing at 33.96% for Q2 2026.

  • On a quarterly basis, Tax Rate rose 1269.0% year-over-year to 33.96% in Q2 2026; TTM through Apr 2026 was 20.99%, a 468.0% increase from a year earlier, with the FY2026 full-year figure at 19.6%, up 336.0% from the prior year.
  • Tax Rate was 33.96% for Q2 2026 at Perma-Pipe International Holdings, up from 5.68% in the prior quarter.
  • Over the last five years, Tax Rate for PPIH reached as high as 54.13% in Q3 2025 and fell as low as 456.6% in Q2 2022.
  • A 5-year average of 19.07% and a median of 25.38% in 2024 frame the typical range for Tax Rate.
  • The widest annual swing landed in 2022, when Tax Rate slumped 43227 bps; it then surged 24893 bps in 2023.
  • Tracing PPIH's Tax Rate over 5 years: stood at 39.81% in 2022, then declined by 21 bps to 31.3% in 2023, then climbed by 2 bps to 31.87% in 2024, then dropped by 14 bps to 27.39% in 2025, then increased 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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Trane Technologies 107.22 Bn 106.17 Bn 1.73 Bn 18.52
2 Johnson Controls International 89.13 Bn 88.60 Bn 2.07 Bn 21.47
3 Carrier Global 60.07 Bn 59.04 Bn 4.82 Bn -56.47
4 Lennox International 18.56 Bn 18.51 Bn 351.30 Mn 20.22
5 Masco 15.26 Bn 15.14 Bn 686.00 Mn 21.65
6 Carlisle Companies 14.75 Bn 13.98 Bn 363.20 Mn 21.75
7 SPX Technologies 12.03 Bn 11.87 Bn 230.60 Mn 16.80
8 Advanced Drainage Systems 11.45 Bn 11.30 Bn 237.66 Mn 13.59
9 Aaon 11.16 Bn 11.16 Bn 109.77 Mn 16.41
10 Perma-Pipe International Holdings 234.43 Mn 219.08 Mn 14.64 Mn 33.96

Historic Data

Download Data
DateValue
Apr 30, 2026 33.96%
Apr 30, 2026 33.96%
Jan 31, 2026 5.68%
Jan 31, 2026 5.68%
Oct 31, 2025 27.39%
Oct 31, 2025 27.39%
Jul 31, 2025 54.13%
Jul 31, 2025 54.13%
Apr 30, 2025 21.27%
Apr 30, 2025 21.27%
Jan 31, 2025 0.68%
Jan 31, 2025 0.68%
Oct 31, 2024 31.87%
Oct 31, 2024 31.87%
Jul 31, 2024 23.36%
Jul 31, 2024 23.36%
Apr 30, 2024 30.08%
Apr 30, 2024 30.08%
Jan 31, 2024 -55.91%
Jan 31, 2024 -55.91%