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| Date | Value |
|---|---|
| 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% |