Perma-Pipe International Holdings, Inc. (PPIH)
| Market Cap | 264.90M +169.5% |
| Revenue (ttm) | 210.93M +33.2% |
| Net Income | 17.04M +89.6% |
| EPS | 2.09 +86.6% |
| Shares Out | 8.12M |
| PE Ratio | 15.60 |
| Forward PE | 15.75 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 89,128 |
| Open | 32.94 |
| Previous Close | 32.71 |
| Day's Range | 32.22 - 33.23 |
| 52-Week Range | 12.50 - 36.72 |
| Beta | 0.58 |
| Analysts | Strong Buy |
| Price Target | 36.00 (+10.4%) |
| Earnings Date | Jun 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]
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 StatementsAnalyst Summary
According to one analyst, the rating for PPIH stock is "Strong Buy" and the 12-month stock price target is $36.0.
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...
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...
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…
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...
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...
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...
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. ...
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...
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 ...
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...
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...
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...
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 $...
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...
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 ...
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…
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...
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 ...
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-...
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...
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...
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...
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...
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...
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...