Highlights

  • Perma-Pipe reported quarterly earnings of USD 0.77 per share.
  • Shares rose more than 10% during trading on December 12, 2025.
  • Analyst ratings currently reflect a consensus Hold stance.

Perma-Pipe International Holdings, Inc. (NASDAQ:PPIH) released its quarterly earnings results on Friday, with reported figures showing positive earnings and a notable market reaction. The earnings announcement has since been absorbed by U.S. markets, with share price movement recorded during the December 15, 2025 trading session.

Earnings Snapshot

For the quarter, Perma-Pipe reported earnings of USD 0.77 per share, according to data cited by Zacks. The company posted a return on equity of 13.92% and a net margin of 5.55% for the reporting period. These figures reflected operating results across the company’s industrial products segments.

Stock Performance on December 15

Shares of Perma-Pipe International traded higher by USD 3.02, closing at USD 32.59 on December 12. The stock advanced approximately 10.3% during the session. Trading volume reached 92,802 shares, exceeding the company’s average daily volume of 74,465 shares.

Over the past 12 months, the stock has moved within a range of USD 8.81 to USD 36.48. At the close, Perma-Pipe carried a market capitalization of approximately USD 261.39 mn. Valuation metrics included a price-to-earnings ratio of 26.15 and a beta of 0.54. The 50-day simple moving average stood at USD 26.34, while the 200-day simple moving average was USD 24.51.

Financial Position

Liquidity indicators showed a current ratio of 1.88 and a quick ratio of 1.64. The company reported a debt-to-equity ratio of 0.05, indicating limited leverage on its balance sheet at the end of the quarter.

Analyst Coverage

Perma-Pipe has been reviewed by a limited number of research firms. Wall Street Zen revised its rating from a higher tier to Hold in September. Weiss Ratings reaffirmed a Hold (C) rating in early December. Based on MarketBeat data, the stock currently carries a consensus rating of Hold.

Institutional Activity

Several institutions reported changes to their holdings during recent quarters. Bank of America Corp DE, Qube Research & Technologies Ltd, Jane Street Group LLC, Empowered Funds LLC, and Gamco Investors Inc. all disclosed activity in the stock. Collectively, hedge funds and institutional holders accounted for 28.43% of Perma-Pipe International’s outstanding shares.

Company Overview

Perma-Pipe International designs and manufactures specialty piping and leak detection systems. Its products support district heating and cooling networks, chemical and hazardous fluid transport, and oil and gas pipeline insulation and coating services.

Share of PPIH closed at USD 32.59 on December 12 2025.