Perma-Pipe International Holdings, Inc. (PPIH)

NASDAQ: PPIH · Real-Time Price · USD
32.61
-0.10 (-0.31%)
At close: May 13, 2026, 4:00 PM EDT
32.60
-0.01 (-0.03%)
After-hours: May 13, 2026, 7:54 PM EDT
Market Cap264.90M +169.5%
Revenue (ttm)210.93M +33.2%
Net Income17.04M +89.6%
EPS2.09 +86.6%
Shares Out 8.12M
PE Ratio15.60
Forward PE15.75
Dividendn/a
Ex-Dividend Daten/a
Volume89,128
Open32.94
Previous Close32.71
Day's Range32.22 - 33.23
52-Week Range12.50 - 36.72
Beta0.58
AnalystsStrong Buy
Price Target36.00 (+10.4%)
Earnings DateJun 12, 2026

About PPIH

Perma-Pipe International Holdings, Inc., together with its subsidiaries, designs, engineers, manufactures, and sells specialty piping and leak detection systems in the United States, Canada, the United Arab Emirates, Saudi Arabia, and internationally. The company offers insulated and jacketed district heating and cooling piping systems for energy distribution from central energy plants to other locations; and primary and secondary containment piping systems for transporting chemicals, hazardous fluids, and petroleum products. It also provides c... [Read more]

Founded 1909
Employees 909
Stock Exchange NASDAQ
Ticker Symbol PPIH
Full Company Profile

Financial Performance

In fiscal year 2026, PPIH's revenue was $210.93 million, an increase of 33.17% compared to the previous year's $158.38 million. Earnings were $17.04 million, an increase of 89.64%.

Financial Statements

Analyst Summary

According to one analyst, the rating for PPIH stock is "Strong Buy" and the 12-month stock price target is $36.0.

Price Target
$36.0
(10.40% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Perma-Pipe International announces $54M in Q1 awards

Perma-Pipe International (PPIH) provided a quarter-to-date update for the first quarter of 2026, highlighting continued momentum in project awards across North America and the Middle East and North Af...

23 days ago - TheFly

Perma-Pipe International Holdings, Inc. Announces Record Fourth Quarter and Fiscal 2025 Results; Net Sales Increase 33% and Net Income Grows 89%

THE WOODLANDS, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) today announced financial results for the fourth quarter and 2025 fiscal year ended January 31, 2026. “For...

27 days ago - Business Wire

Perma-Pipe International appoints Zakhour, Sagr to board of directors

Perma-Pipe International (PPIH) announced the appointment of Nancy Zakhour and Saleh Sagr to its Board of Directors, effective April 8, 2026. Zakhour will serve as an independent director and a…

5 weeks ago - TheFly

Perma-Pipe International Holdings, Inc. Announces the Appointment of Nancy Zakhour and Saleh Sagr to its Board of Directors

THE WOODLANDS, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH), a global leader in pre-insulated piping and leak detection systems, today announced the appointment of Na...

5 weeks ago - Business Wire

Perma-Pipe International concludes strategic review

Perma-Pipe International (PPIH) announced a strategic expansion initiative focused on accelerating growth through entry into the U.S. Northeast region. President and CEO, Saleh Sagr said, “We are exci...

7 weeks ago - TheFly

Perma-Pipe International Holdings, Inc. Announces Third Quarter 2025 Financial Results

THE WOODLANDS, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) announced today financial results for the third quarter ended October 31, 2025. “For the three months ende...

5 months ago - Business Wire

Perma-Pipe International Holdings, Inc. Announces the Appointment of Richard Sherrill to its Board of Directors

THE WOODLANDS, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH), today announced changes to its Board of Directors (the "Board"), including the appointment of Richard M. ...

Other symbols: TALO
5 months ago - Business Wire

Perma-Pipe International secures $52M in project awards during Q3

Perma-Pipe International (PPIH) announced that it secured $52M in project awards during the third quarter of 2025, including $30M previously announced in September. The additional $22M in new awards i...

5 months ago - TheFly

Perma-Pipe International Holdings, Inc. Secures $52 Million in Third-Quarter Awards, Expands Global Reach With U.S. Data Centers and Saudi Aramco Projects

THE WOODLANDS, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) today announced that it secured $52 million in project awards during the third quarter of 2025, including ...

5 months ago - Business Wire

Perma-Pipe secures $30M in new project awards, receives approval from Aramco

Perma-Pipe International (PPIH) Holdings announced that its Saudi Arabian business unit has received formal technical and commercial approval from Saudi Aramco, the world’s largest oil company. This a...

8 months ago - TheFly

Perma-Pipe International Holdings, Inc. Announces $30 Million in Contract Awards and the Strategic Milestone Approval for Saudi Aramco

SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) today announced that its Saudi Arabian business unit has received formal technical and commercial approval from S...

8 months ago - Business Wire

Perma-Pipe International Holdings, Inc. Announces Second Quarter 2025 Financial Results and Initiates Exploration of Strategic Alternatives to Maximize Shareholder Value

SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) announced today financial results for the second quarter ended July 31, 2025. “For the three months ended July 31...

8 months ago - Business Wire

Perma-Pipe International Holdings, Inc. Announces First Quarter Fiscal 2025 Financial Results

SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) announced today financial results for the first quarter ended April 30, 2025. “Sales for the first quarter were $...

11 months ago - Business Wire

Perma-Pipe International CEO David Mansfield departs, Saleh Sagr succeed

Perma-Pipe International (PPIH) announced the departure of David Mansfield as CEO, effective June 7. Concurrent with this announcement, the Board appointed Saleh Sagr to serve as President and CEO. Sa...

11 months ago - TheFly

Perma-Pipe International Holdings, Inc. Announces the Departure of David Mansfield and the Appointment of Saleh Sagr as President and Chief Executive Officer

SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH, or “Perma-Pipe”), today announced the departure of David Mansfield as Chief Executive Officer ("CEO"), effective ...

11 months ago - Business Wire

Perma-Pipe International announces $2.4M contract award in Qatar

Perma-Pipe International (PPIH) announced that it has received its first project award to be executed in Qatar since the announcement of the intent to mobilize there. The project will be…

1 year ago - TheFly

Perma-Pipe International Holdings, Inc. Announces New Contract Award in Qatar

SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) today announced that it has received its first project award to be executed in Qatar since the announcement of th...

1 year ago - Business Wire

Perma-Pipe International Holdings, Inc. Announces Fourth Quarter and Fiscal 2024 Financial Results

SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) announced today financial results for the fourth quarter and 2024 fiscal year ended January 31, 2025. “Sales for ...

1 year ago - Business Wire

Perma-Pipe International awarded $27M in Americas, MENA projects

Perma-Pipe International (PPIH) announced it has been awarded several projects in the Americas and MENA region with an aggregate value in excess of $27M. These projects will utilize Perma-Pipe’s anti-...

1 year ago - TheFly

Perma-Pipe International Holdings, Inc., announces new project awards in the Americas and MENA region

SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) today announced it has been awarded several projects in the Americas and MENA region with an aggregate value in e...

1 year ago - Business Wire

Perma-Pipe International announces retirement of CEO David Mansfield

Perma-Pipe International (PPIH) Holdings announced the notification of CEO David Mansfield to retire and the appointment of Saleh Sagr as President. As part of Sagr’s appointment as President, the com...

1 year ago - TheFly

Perma-Pipe International Holdings, Inc., Announces CEO Retirement and the Appointment of Saleh Sagr as President

SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) today announced the notification of Chief Executive Officer David Mansfield to retire and the appointment of Sale...

1 year ago - Business Wire

Perma-Pipe International Holdings, Inc. Announces the Appointment of Jon C. Biro to its Board of Directors

SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH), today announced changes to its Board of Directors, including the appointment to the Board of Mr. Jon C. Biro, ef...

1 year ago - Business Wire

Perma-Pipe International awarded $43M development project

Perma-Pipe International (PPIH) announced it has received a formal letter of award for a development project located in the GCC region. Perma-Pipe will provide thermal insulation, anti-corrosion coati...

1 year ago - TheFly

Perma-Pipe International Holdings, Inc. Announces $43 Million Contract Award in the Middle East Region

SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) today announced it has received a formal letter of award for a development project located in the GCC region. Per...

1 year ago - Business Wire