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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
–

About Perma-Pipe International

Industrial & Commercial Fans & Blowers & Air Purifing Equip, SIC 3564

Perma-Pipe International Holdings, Inc. engineers, designs, fabricates, and markets specialty piping systems and leak detection solutions within a single reportable segment, Piping Systems. The company produces insulated and jacketed district heating and cooling piping, primary and secondary containment systems for hazardous liquids and chemicals, and protective pipeline coatings and insulation for oil, gas, and potable water infrastructure. It also provides electronic leak detection and location equipment to safeguard facilities and environments from fluid intrusion. Its custom-engineered systems primarily serve industrial clients and discrete underground infrastructure projects through internal sales teams, independent manufacturer representatives, and international agent networks.

The company operates manufacturing and business facilities across multiple countries, including the United States, Canada, Egypt, India, Qatar, Saudi Arabia, and the United Arab Emirates. As of January 2026, it employed 909 people worldwide across its domestic and international operations. Operating facilities in the United States are located in Illinois, Louisiana, and Tennessee. Perma-Pipe was incorporated in Delaware.

Summary of the business section of Perma-Pipe International's latest annual report, written by StockData.

Company profile

Company

Legal name
Perma-Pipe International Holdings, Inc.
Founded
1993
Headquarters
The Woodlands, TX
Address
25025 I-45, Suite 200 77380
Phone
(281) 598-6222
Employees
909, Jan 31, 2026
Industry
Industrial & Commercial Fans & Blowers & Air Purifing Equip
Incorporated in
Delaware
Fiscal year ends
January 31
Auditor
PricewaterhouseCoopers LLP, Houston, Texas

Stock & identifiers

Ticker
PPIH
Exchange
Nasdaq
Shares outstanding
8M, Sep 9, 2026
Public float
$174.85M, Jul 31, 2025
Filer category
Accelerated filer<br>Smaller reporting company
SEC CIK
914122
CUSIP
714167103
ISIN
US7141671039
LEI
549300QBMR25XXRKXK93
EIN
36-3922969

Executives and directors

Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years

NamePositionShares owned
Saleh Nehad Saleh SagrPresident & CEO, Director72,570
Matthew Earl LewickiChief Financial Officer23,067
Ibrahim AlkuwariDirector9,965
Nancy ZakhourDirector3,224
Jon C. BiroDirector10,393
Richard SherrillDirector4,184
Robert Joseph McNallyDirector33,545
David B. BrownDirector35,500

CEO pay and shareholder return

Pay versus performance table from the proxy statement

Fiscal yearCEO total payCEO pay actually paidOther executives (avg)Value of $100 investedPeer group
FY2025
Mr Mansfield
$1.13M$1.97M$735.69K$285–
FY2025
Mr Sagr
$1.75M$2.30M$735.69K$285–
FY2024
David J. Mansfield
$1.72M$2.26M$608.35K$150–
FY2024
Mr Mansfield
$1.72M$2.26M$608.35K$150–
FY2024
Mr Sagr
$0$0$608.35K$150–
FY2023
David J. Mansfield
$1.52M$1.36M$472.48K$79–

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Employees

Headcount reported in annual reports

“As of January 31, 2026, we employed a total of 909 individuals, of whom 222 were located in the United States and 687 were located internationally.”

Corporate history

Events identified from SEC filings

DateEventDetails
Dec 17, 2024Late filingNotification of late filing
Jun 21, 2024Auditor changeChange in certifying accountant (8-K Item 4.01)
Apr 19, 2021Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Dec 16, 2020Late filingNotification of late filing
Sep 15, 2017Late filingNotification of late filing
Mar 20, 2017Name changeName changed from MFRI INC to Perma-Pipe International Holdings, Inc.
Oct 27, 2016Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Apr 6, 2016Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Feb 4, 2016Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Sep 14, 2015Late filingNotification of late filing
May 1, 2013Late filingNotification of late filing
May 1, 2013Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Sep 14, 2012Late filingNotification of late filing
May 1, 2012Late filingNotification of late filing
Sep 17, 2009ListingRegistration of securities on an exchange (Form 8-A)
Apr 15, 2008Late filingNotification of late filing
May 1, 2006Late filingNotification of late filing
Jun 15, 2005Spin-offRegistration as a new public company (Form 10), e.g. spin-off
Dec 20, 2004Auditor changeChange in certifying accountant (8-K Item 4.01)
Dec 7, 2004Auditor changeChange in certifying accountant (8-K Item 4.01)
May 3, 2004Late filingNotification of late filing
Jun 16, 2003Late filingNotification of late filing
May 2, 2003Late filingNotification of late filing
Nov 12, 1996Merger voteDefinitive merger proxy statement