Perma-Pipe International Holdings, Inc.
PPIHNasdaq
$25.42
↓ -0.5%Jul 17 close · end-of-day
Price
1Y↑ +12.7%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$207.1M
Enterprise Value
$208.4M
P/E
12.2
P/S
1.0
P/B
2.2
EV/EBITDA
6.1
PEG
—
FCF Yield
-0.6%
Dividend Yield
—
Revenue (TTM)
$210.9M
Net Income (TTM)
$17.0M
Free Cash Flow (TTM)
-$1.3M
Gross Margin
32.9%
Operating Margin
14.0%
Net Margin
8.1%
ROE
18.5%
ROIC
23.6%
Debt / Equity
0.3
Net Cash
-$1.3M
Return 1Y
+12.4%
Company profile
Perma-Pipe International Holdings, Inc. engineers, designs, manufactures, and sells specialty piping and leak detection systems. The company has operations in the United States, Canada, the Middle East, Europe, India, and internationally.
- CEO
- David J. Mansfield
- Sector
- Manufacturing
- Industry
- Machinery
- Employees
- 610
- Headquarters
- Texas
- Website
- permapipe.com
Management & directors
- Lewicki Matthew EarlChief Financial Officer
- Sagr Saleh Nehad SalehPresident & CEO
- Mansfield David JPresident & CEO
Roles derived from SEC Form 4 filings.
Earnings
PPIH Q1 2026 Earnings
Period ends 2026-04-30
MetricActualYoY
Revenue$50.3M↑ +7.5%
Diluted EPS$0.22↓ -63.9%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2022 | FY2023 | FY2023 | FY2024 | FY2024 | FY2025 | FY2025 | FY2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $138.6M | $142.6M | — | $150.7M | — | $158.4M | — | $210.9M |
| Gross profit | $32.5M | $38.3M | — | $41.5M | — | $53.2M | — | $69.5M |
| Operating income | $8.1M | $11.1M | — | $13.4M | — | $20.3M | — | $29.4M |
| Net income | $6.1M | $5.9M | $10.5M | $10.5M | $9.0M | $9.0M | $17.0M | $17.0M |
| Diluted EPS | $0.72 | $0.73 | — | $1.30 | — | $1.12 | — | $2.09 |
| Operating cash flow | -$2.6M | -$1.2M | — | $14.7M | — | $13.9M | — | $9.2M |
| Free cash flow | -$4.8M | -$8.2M | — | $3.6M | — | $11.1M | — | -$1.3M |
| Gross margin | 23.5% | 26.9% | — | 27.5% | — | 33.6% | — | 32.9% |
| Operating margin | 5.9% | 7.8% | — | 8.9% | — | 12.8% | — | 14.0% |
| Net margin | 4.4% | 4.2% | — | 6.9% | — | 5.7% | — | 8.1% |
| Line item | Q4 '24 | Q4 '25 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q4 '26 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $45.0M | $46.7M | $47.9M | $61.1M | — | $55.1M | $50.3M |
| Gross profit | — | $15.2M | $16.7M | $14.4M | $21.0M | — | $17.3M | $14.6M |
| Operating income | — | $5.4M | $7.9M | $3.2M | $11.4M | — | $7.0M | $4.6M |
| Net income | $1.8M | $1.8M | $5.0M | $851,000.00 | $6.3M | $4.9M | $4.9M | $1.8M |
| Diluted EPS | — | $0.23 | $0.61 | $0.10 | $0.77 | — | $0.61 | $0.22 |
| Operating cash flow | — | $6.0M | $733,000.00 | -$2.0M | $17.3M | — | -$6.8M | $6.1M |
| Free cash flow | — | $4.7M | -$194,000.00 | -$4.6M | $12.4M | — | -$8.8M | $4.9M |
| Gross margin | — | 33.7% | 35.8% | 30.1% | 34.4% | — | 31.4% | 29.1% |
| Operating margin | — | 12.1% | 16.9% | 6.7% | 18.6% | — | 12.6% | 9.2% |
| Net margin | — | 3.9% | 10.6% | 1.8% | 10.3% | — | 8.9% | 3.6% |
Company news
Jun 15, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-06-25 | Lewicki Matthew Earl· Chief Financial Officer | Tax withholding | 1,070 | $27.30 | $29,211.00 | filing |
| 2026-06-24 | Alkuwari Ibrahim | Award | 2,648 | $0.00 | $0.00 | filing |
| 2026-06-24 | Zakhour Nancy | Award | 2,648 | $0.00 | $0.00 | filing |
| 2026-06-24 | BIRO JON C | Award | 3,144 | $0.00 | $0.00 | filing |
| 2026-06-24 | Sherrill Richard | Award | 2,648 | $0.00 | $0.00 | filing |
| 2026-06-24 | Sagr Saleh Nehad Saleh· President & CEO | Award | 21,509 | $0.00 | $0.00 | filing |
| 2026-06-24 | Lewicki Matthew Earl· Chief Financial Officer | Award | 6,716 | $0.00 | $0.00 | filing |
| 2026-06-22 | Lewicki Matthew Earl· Chief Financial Officer | Tax withholding | 497 | $28.05 | $13,940.85 | filing |
| 2026-04-10 | Zakhour Nancy | Award | 576 | $0.00 | $0.00 | filing |
| 2025-07-25 | Mansfield David J | Tax withholding | 6,349 | $24.02 | $152,502.98 | filing |
| 2025-07-25 | Mansfield David J | Tax withholding | 5,846 | $24.02 | $140,420.92 | filing |
| 2025-07-25 | Lewicki Matthew Earl· Chief Financial Officer | Tax withholding | 601 | $24.02 | $14,436.02 | filing |
| 2025-07-22 | Mansfield David J· President & CEO | Tax withholding | 9,181 | $23.51 | $215,845.31 | filing |
| 2025-06-25 | Brown David B | Award | 4,877 | $0.00 | $0.00 | filing |
| 2025-06-25 | BIRO JON C | Award | 5,527 | $0.00 | $0.00 | filing |
| 2025-06-25 | McNally Robert Joseph | Award | 4,877 | $0.00 | $0.00 | filing |
| 2025-06-25 | Lewicki Matthew Earl· Chief Financial Officer | Award | 8,829 | $0.00 | $0.00 | filing |
| 2025-06-25 | Alkuwari Ibrahim | Award | 4,877 | $0.00 | $0.00 | filing |
| 2025-06-25 | Sagr Saleh Nehad Saleh· President & CEO | Award | 29,259 | $0.00 | $0.00 | filing |
| 2025-06-24 | Lewicki Matthew Earl· Chief Financial Officer | Tax withholding | 333 | $23.51 | $7,828.83 | filing |
| 2025-06-24 | Lewicki Matthew Earl· Chief Financial Officer | Tax withholding | 333 | $23.51 | $7,828.83 | filing |
| 2025-06-22 | Lewicki Matthew Earl· Chief Financial Officer | Tax withholding | 497 | $28.05 | $13,940.85 | filing |
Latest 22 transactions.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.