PPIHNasdaqIndustrial & Commercial Fans & Blowers & Air Purifing EquipFiscal year ends January 31

Perma-Pipe International Holdings, Inc.

Financials through Q2 FY2026, quarter ended Jul 31, 2026Last filing: 10-Q on Sep 9, 2026

$28.15+0.24 (+0.86%)

Close on Oct 19, 2026

Market cap: $232.52M
P/E (TTM): 14.8
Dividend yield: –

Perma-Pipe International Holdings, Inc. cash flow statement

Annual Quarterly TTM

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2026-01-31	FY 2024 2025-01-31	FY 2023 2024-01-31	FY 2022 2023-01-31	FY 2021 2022-01-31	FY 2020 2021-01-31	FY 2019 2020-01-31	FY 2018 2019-01-31	FY 2017 2018-01-31	FY 2016 2017-01-31	FY 2015 2016-01-31	FY 2014 2015-01-31	FY 2013 2014-01-31	FY 2012 2013-01-31	FY 2011 2012-01-31	FY 2010 2011-01-31
Depreciation & Amortization	4.91	3.63	3.83	3.65	4.32	4.74	4.44	4.58	5.03	5.52	5.93	5.90	5.79	5.81	5.58	6.07
Stock-Based Compensation	2.54	0.86	0.91	1.00	1.10	1.04	1.01	1.17	1.45	1.45	0.28	0.12	0.20	0.48	0.62	0.90
Deferred Income Taxes	1.12	1.62	-6.92	0.48	-0.20	-0.67	-0.21	0.21	-0.96	-0.03	-0.25	1.23	-3.19	13	-0.99	-3.75
Change in Accounts Receivable	-23	2.47	-4.86	-3.23	-21	2.60	1.75	-0.35	-1.08	14	-2.81	3.31	-18	0.20	8.08	-0.49
Change in Inventory	-1.36	-1.82	-0.83	-1.51	-1.62	2.42	-2.23	4.36	-3.27	5.45	4.03	3.25	8.61	-2.08	-4.68	1.71
Change in Accounts Payable	0.48	-1.17	8.81	1.09	3.20	0.73	-2.61	-3.58	4.55	-1.92	5.82	-4.61	-4.44	2.91	1.31	4.82
Change in Unearned Revenue	0.90	0.75	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Operating Cash Flow	9.17	14	15	-1.24	-2.57	0.17	4.09	4.98	-1.84	-5.46	-2.90	3.50	6.40	5.35	-0.19	8.71
Capital Expenditures	-10	-2.88	-11	-6.98	-2.26	-1.96	-1.90	-1.36	-2.53	-2.26	-6.46	-5.88	-2.76	-5.36	-10	–
Acquisitions	–	–	–	–	–	–	–	–	–	-7.59	-9.60	–	–	–	–	–
Sale of Property, Plant & Equipment	0.02	0.03	0.00	0.09	0.01	0.00	–	–	0.00	4.36	2.06	0.02	0.02	0.10	0.02	0.10
Divestitures	–	–	–	–	–	–	–	–	–	–	18	–	16	–	–	–
Sale & Maturity of Investments	–	–	–	–	–	–	–	–	0.14	0	–	–	–	–	–	–
Other Investing Activities	–	–	–	–	–	–	–	–	0	9.61	16	0.11	15	0	–	–
Investing Cash Flow	-10	-2.85	-11	-6.38	-2.25	-1.96	-1.90	-1.36	-2.39	10	14	-5.75	12	-6.25	-10	-3.93
Share Repurchases	–	0	-0.94	-0.07	-1.99	0	–	–	–	–	0.29	–	–	–	–	–
Debt Issued	–	–	–	–	–	0.02	–	–	–	–	–	–	–	–	–	–
Debt Repaid	–	–	–	–	–	–	–	0	-0.21	-10	-2.54	-3.64	-7.64	-4.03	-197	-149
Financing Cash Flow	6.59	-0.91	-3.26	4.54	6.23	-4.14	-0.30	1.13	3.46	-15	-3.03	-0.55	-12	3.80	-1.87	3.37
Foreign Exchange Rate Adjustments	-0.15	-0.30	0.07	0.10	-0.01	-0.34	0.03	-0.34	0.40	-0.07	-1.21	-0.70	-0.73	-0.07	-0.39	0.50
Net Change in Cash	5.18	9.88	0.45	-2.98	1.40	-6.28	1.92	4.42	-0.38	-10	6.73	-3.50	6.36	2.83	-13	8.65
Free Cash Flow	-1.27	11	3.63	-8.22	-4.84	-1.80	2.19	3.62	-4.37	-7.71	-9.35	-2.38	3.64	-0.01	-10	–
Income Taxes Paid	4.06	3.71	3.28	2.48	1.35	0.11	2.11	1.73	1.08	1.38	0.97	2.99	0.41	0.20	0.44	1.11
Interest Paid	1.77	1.93	2.29	2.05	0.79	0.54	0.90	1.30	0.80	0.77	0.75	1.29	1.96	2.31	2.12	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jul 31, 2026

Profitability, TTM

Gross margin: 31.1%
Operating margin: 12.1%
Net margin: 6.9%
Return on equity, FY2025: 20.9%

Financial strength

Current ratio: 2.19
Debt to equity: 0.39
Debt to assets: 15.5%
Cash to current liabilities: 45.3%

Valuation

P/E ratio: 14.8
Price to sales: 1.03
Price to book: 2.49
Dividend yield: –