Perma-Pipe International Holdings, Inc.
PPIH
Rank in Stocks
#15809
Perma-Pipe International Holdings, Inc., along with its subsidiaries,... Perma-Pipe International Holdings, Inc., along with its subsidiaries, specializes in the engineering, design, manufacturing, and sale of specialized piping and leak detection solutions. Its product portfolio includes jacketed district heating and cooling pipeline systems, facilitating energy distribution from centralized power plants to diverse destinations. The company also provides primary and secondary containment piping systems, crucial for the secure transport of chemicals, hazardous liquids, and petroleum products. Additionally, Perma-Pipe undertakes the coating and insulation of oil and gas gathering and transmission pipelines. They offer liquid and powder-based anti-corrosion coatings for both the exterior and interior surfaces of steel pipes, including complex components like bends, reducers, tees, and various spools/fittings, which are utilized in pipelines for conveying oil and gas products as well as potable water. Maintaining a global presence, the company operates across the United States, Canada, the Middle East, Europe, India, and other international markets. Incorporated in 1993, the entity was formerly known as MFRI, Inc. before adopting the name Perma-Pipe International Holdings, Inc. in March 2017. Its corporate headquarters are situated in Niles, Illinois.
Share Price
$29.65
Last synced: 2026-11-09
Market Cap
$242.99M
Change (1 day)
4.33%
Change (1 year)
8.01%
Country
Stock data: Financial Modeling PrepΒ·Updated Β·Not investment adviceΒ·How we calculate this
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Operating Margin for Perma-Pipe International Holdings, Inc. (PPIH)
Operating Margin as of November 2026 TTM: 12.06%
According to Perma-Pipe International Holdings, Inc.'s latest financial reports, its current operating margin (TTM) is 12.06%. At the end of 2025 the company had an operating margin of 12.82%.
Operating Margin history for Perma-Pipe International Holdings, Inc. from 2000 to 2026
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2026 (TTM) | 12.06% | -5.93% |
| 2025 | 12.82% | 44.53% |
| 2024 | 8.87% | 13.43% |
| 2023 | 7.82% | 33.68% |
| 2022 | 5.85% | -143.56% |
| 2021 | -13.43% | -451.57% |
| 2020 | 3.82% | 81.04% |
| 2019 | 2.11% | -123.34% |
| 2018 | -9.04% | -22.87% |
| 2017 | -11.72% | -598.72% |
| 2016 | 2.35% | 107.96% |
| 2015 | 1.13% | -80.42% |
| 2014 | 5.77% | -268.22% |
| 2013 | -3.43% | 57.34% |
| 2012 | -2.18% | -263.91% |
| 2011 | 1.33% | -57.37% |
| 2010 | 3.12% | -12.36% |
| 2009 | 3.56% | 194.21% |
| 2008 | 1.21% | -71.12% |
| 2007 | 4.19% | 142.20% |
| 2006 | 1.73% | -51.54% |
| 2005 | 3.57% | -695.00% |
| 2004 | -0.60% | -181.08% |
| 2003 | 0.74% | -57.23% |
| 2002 | 1.73% | -47.73% |
| 2001 | 3.31% | -33.80% |
| 2000 | 5.00% | 0.00% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin Difference | Country |
|---|---|---|---|
| 23.09% | -98.09% |
US
|
|
| 10.24% | -99.15% |
SE
|
|
| 6.82% | -99.43% |
US
|
|
| 5.29% | -99.56% |
US
|
|
| 14.71% | -98.78% |
US
|
What is a company's Operating Margin?
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.
Questions about Perma-Pipe International Holdings, Inc.'s operating margin
What is Perma-Pipe International Holdings, Inc.'s operating margin?
Perma-Pipe International Holdings, Inc.'s operating margin is 12.06%, as of Nov 2026.
What was Perma-Pipe International Holdings, Inc.'s operating margin in 2025?
In 2025, Perma-Pipe International Holdings, Inc.'s operating margin was 12.82%, compared with 8.87% in 2024.
How has Perma-Pipe International Holdings, Inc.'s operating margin changed since 2020?
From 2020 to 2025, Perma-Pipe International Holdings, Inc.'s operating margin was highest in 2025 (12.82%) and lowest in 2021 (-13.43%).
How does Perma-Pipe International Holdings, Inc.'s operating margin compare with similar companies?
Perma-Pipe International Holdings, Inc.'s operating margin (12.06%) is higher than that of 3 of the 5 similar companies listed above. The highest among them is Advanced Drainage Systems, Inc., with 23.09%.