Perma-Pipe International (PPIH)
Engineers specialty piping and leak-detection systems for energy infrastructure.
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Engineers and supplies pre-insulated district-energy pipe, containment pipe, pipeline coating and insulation, anti-corrosion coatings, and leak-detection systems. Its single Piping Systems segment serves engineered projects across North America, the Middle East, and other international markets.
Engineers, designs, manufactures, and sells specialty piping and leak-detection systems through its single Piping Systems segment. Core applications include pre-insulated pipe for district heating and cooling, primary and secondary containment pipe for hazardous fluids and petroleum products, and coating or insulation for oil-and-gas gathering and transmission lines.
Anti-corrosion coatings for steel pipe and fittings extend the offering. The operating model is engineered-project based, with execution across North America, the Middle East, and other international locations.
Manufacturing and operating entities span the United States, Canada, Saudi Arabia, the United Arab Emirates, Egypt, India, and Qatar. Most employees work outside the United States, reflecting the company’s international footprint.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jul 31, 2026Cash & short-term investments $31.8M · Total debt $53.0M · Total assets $232.6M · Shareholders' equity $93.5M
- Revenue
- $59.6M
- Operating income
- $4.3M
- Net income
- $2.5M
No dividends on record.
| Institutions | 51.38% | 4.21M shares | |
|---|---|---|---|
| 86 holders · as of Jun 30, 2026 | |||
| Insiders | 6.52% | 534.4K shares | |
| 11 holders · as of Jul 29, 2026 | |||
| Other | 42.10% | 3.45M shares | |
| remainder | |||
8.20M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Raymond James Financial IncInstitution | 6.85% | 561,342 | as of Jun 30, 2026 |
Raymond James & AssociatesInstitution | 6.75% | 553,190 | filed Jan 7, 2026 |
BlackRock, Inc.Institution | 5.18% | 424,428 | as of Jun 30, 2026 |
Dimensional Fund Advisors LPInstitution | 4.69% | 384,491 | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 4.19% | 343,022 | as of Jun 30, 2026 |
Insider tradesForm 4
No open-market trades in the last 12 months.
- Tenaris (ADR)
Oil and gas pipeline coatings for onshore and offshore projects
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Perma-Pipe International | $30.33 | +0.28% | $245.7M | 15.9 | 13.9 | 1.1 | +24.4% |
| Tenaris (ADR) | $55.70 | −0.48% | $30.03B | 15.3 | 14.5 | 2.5 | −5.1% |
| Median | 15.3 | 14.5 | 2.5 | −5.1% |