Perma-Pipe International Holdings, Inc.
Company Stats
- Market Cap
- $252.1M
- as of Sep 30, 2026
- Enterprise Value
- $266.0M
- Shares Outstanding
- 8.2M
- Free Float
- 95.6%
Income Statement
- Revenue
- $210.9M
- Operating Income
- $29.4M
- Net Income
- $17.0M
- EBITDA
- $34.4M
Cash Flow
- Free Cash Flow
- -$1.3M
- FCF Yield
- -0.5%
- Owner FCF Yield
- -1.5%
Balance Sheet
- Cash & Equivalents
- $18.7M
- Total Debt
- $32.6M
- Net Debt
- $13.9M
- Net Debt / EBITDA
- 0.41x
- EV / EBITDA
- 7.74x
- Net Debt / EBIT
- 0.47x
Cash Flow by Year
| Year | Revenue | FCF | Margin |
|---|---|---|---|
| FY2026 | $210.9M | -$1.3M | -0.6% |
| FY2025 | $158.4M | $11.1M | 7.0% |
| FY2024 | $150.7M | $3.6M | 2.4% |
| FY2023 | $142.6M | -$8.2M | -5.8% |
Annual filing data through FY ended January 31, 2026; shares and float as of October 25, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.
Perma-Pipe to Take 51% of Welspun IFBE Coating JV
Stronger demand supports expansion as pricing diverges
Input Costs Squeeze Margins Even as Demand Holds Firm