PPIH - NASDAQ
Perma-Pipe International Holdings, Inc.
$32.26
-1.1%Perma-Pipe International Holdings, Inc., together with its subsidiaries, engineers, designs, manufactures, and sells specialty piping and leak detection systems. It offers provides and jacketed district heating and cooling piping systems for energy distribution from central energy plants to various locations; and primary and secondary containment piping systems for transporting chemicals, hazardous fluids, and petroleum products, as well as engages in the coating and insulation of oil and gas gathering and transmission pipelines. The company also offers liquid and powder based anti-corrosion coatings for external and internal surfaces of steel pipe, including shapes like bends, reducers, tees, and other spools/fittings that is used in pipelines for the transportation of oil and gas products and potable water. It has operations in the United States, Canada, the Middle East, Europe, India, and internationally. The company was formerly known as MFRI, Inc. and changed its name to Perma-Pipe International Holdings, Inc. in March 2017. Perma-Pipe International Holdings, Inc. was incorporated in 1993 and is headquartered in Niles, Illinois.
At a Glance
Live SnapshotPerma-Pipe International Holdings, Inc. Cash Conversion Engine
Cash Flow Quality Analysis
FCF Conversion Rate
Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.
CapEx Intensity
Very high capital intensity consumes most operating cash flow. Limited flexibility for dividends or debt reduction.
FCF Growth Trend
Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.
Working Capital Impact
Significant working capital drain. Growth may be consuming cash through inventory buildup or receivables extension—monitor closely.
Cash Flow Quality Insight
Cash flow concerns: Despite profitability, the company is burning cash. Review working capital management, CapEx levels, and sustainability of current operations.
Perma-Pipe International Holdings, Inc. Cash Flow Statement
PPIH • NASDAQ
| Perma-Pipe International Holdings, Inc. Cash Flow Statement | Jan 2026 | Jan 2025 | Jan 2025 | Jan 2024 | Jan 2024 | Jan 2023 | Jan 2023 | Jan 2022 | Jan 2022 | Jan 2021 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||||||||||||
20.6M | 13.1M | 13.1M | 10.5M | 10.5M | 5.9M | 5.9M | 6.1M | 6.1M | -7.6M | -7.6M | 3.6M | -529K | -10M | -11.7M | -4.4M | -256K | 21M | -18.5M | -5M | |
4.9M | 3.6M | 3.6M | 3.8M | 3.8M | 3.6M | 3.6M | 4.3M | 4.3M | 4.7M | 4.7M | 4.4M | 4.6M | 5M | 5.5M | 5.9M | 5.9M | 5.8M | 5.8M | 5.6M | |
1.1M | 1.6M | 1.6M | -6.9M | -6.9M | 479K | 479K | -195K | -195K | -669K | -669K | -213K | 215K | -958K | -33K | -249K | 1.4M | -3.2M | 11.8M | -2.1M | |
2.5M | 860K | 860K | 913K | 913K | 1M | 1M | 1.1M | 1.1M | 1M | 1M | 1M | 1.2M | 1.4M | 389K | 278K | 124K | 196K | 484K | 621K | |
864K | 296K | 296K | 2.8M | 2.8M | 985K | 985K | 61K | 61K | 130K | 130K | 419K | 117K | -74K | 1.7M | -2M | -2.4M | -11.4M | 35K | -1.4M | |
(4.1M) | (3.7M) | (3.7M) | (3.3M) | (3.3M) | (2.5M) | (2.5M) | (1.3M) | (1.3M) | (107K) | (107K) | (2.1M) | (1.7M) | (1.1M) | (1.4M) | (970K) | (3M) | (409K) | (200K) | (439K) | |
-20.9M | -5.6M | -5.6M | 3.6M | 3.6M | -13.3M | -13.3M | -13.9M | -13.9M | 2.6M | 2.6M | -5.1M | -565K | 2.7M | -153K | -2.5M | -708K | -6M | 5.7M | 2M | |
9.2M | 13.9M | 13.9M | 14.7M | 14.7M | -1.2M | -1.2M | -2.6M | -2.6M | 165K | 165K | 4.1M | 5M | -1.8M | -4.2M | -2.9M | 4.1M | 6.4M | 5.3M | -190K | |
INVESTING ACTIVITIES | ||||||||||||||||||||
-10.4M | -2.9M | -2.9M | -11.1M | -11.1M | -7M | -7M | -2.3M | -2.3M | -2M | -2M | -1.9M | -1.4M | -2.5M | -2.3M | -6.5M | -5.9M | -2.8M | -5.4M | -10.1M | |
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (9K) | (9K) | (2K) | (2K) | (0.0) | (0.0) | (1K) | (4.9M) | (0.0) | (109K) | (15.2M) | (0.0) | (0.0) | |
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (2.3M) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 142K | 3.2M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
17K | 27K | 27K | 8K | 8K | 593K | 593K | 9K | 9K | 2K | 2K | 0.0 | 0.0 | 1K | 2.1M | 20.3M | 24K | 16K | -894K | 18K | |
-10.4M | -2.8M | -2.8M | -11.1M | -11.1M | -6.4M | -6.4M | -2.3M | -2.3M | -2M | -2M | -1.9M | -1.4M | -2.4M | (10.2M) | (13.9M) | -5.7M | (12.4M) | -6.3M | -10.1M | |
FINANCING ACTIVITIES | ||||||||||||||||||||
-509K | -179K | -179K | -942K | -942K | -275K | -275K | -2.2M | -2.2M | -191K | -191K | 0.0 | 0.0 | 170K | 120K | -290K | 0.0 | 0.0 | 0.0 | 210K | |
7.1M | -774K | -774K | -1.8M | -1.8M | 4.8M | 4.8M | 8.4M | 8.4M | -4M | -4M | -393K | 1.4M | 3.5M | -15M | -2.4M | -1.6M | -10.2M | 3.8M | -1.6M | |
(0.0) | -179K | -179K | -942K | -942K | -275K | -69K | -2.2M | -2M | -191K | -191K | (0.0) | (0.0) | (0.0) | (0.0) | -290K | (0.0) | (0.0) | (0.0) | (0.0) | |
-17K | 46K | 46K | -470K | -470K | 42K | 42K | 58K | 58K | 0.0 | 0.0 | 92K | -243K | -180K | -26K | -369K | 1M | -1.5M | 38K | -475K | |
6.6M | -907K | -907K | -3.3M | -3.3M | 4.5M | 4.5M | 6.2M | 6.2M | -4.1M | -4.1M | -301K | 1.1M | 3.5M | -14.9M | -3M | -546K | -11.7M | 3.8M | -1.9M | |
CASH FLOW SUMMARY | ||||||||||||||||||||
-154K | -296K | -296K | 70K | 70K | 102K | 102K | -10K | -10K | -343K | -343K | 34K | -335K | 395K | -70K | -1.2M | -702K | -727K | -66K | -385K | |
5.2M | 9.9M | 9.9M | 447K | 447K | -3M | -3M | 1.4M | 1.4M | -6.3M | -6.3M | 1.9M | 4.4M | -380K | -9M | 6.7M | -2.9M | 6.4M | 2.8M | -12.5M | |
17.1M | 7.2M | 7.2M | 6.8M | 6.8M | 9.8M | 9.8M | 8.4M | 8.4M | 14.7M | 14.7M | 12.7M | 8.3M | 8.7M | 16.6M | 9.9M | 13.4M | 7M | 4.2M | 16.7M | |
22.3M | 17.1M | 17.1M | 7.2M | 7.2M | 6.8M | 6.8M | 9.8M | 9.8M | 8.4M | 8.4M | 14.7M | 12.7M | 8.3M | 7.6M | 16.6M | 10.5M | 13.4M | 7M | 4.2M | |
-1.3M | 11.1M | 11.1M | 3.6M | 3.6M | -8.2M | -8.2M | -4.8M | -4.8M | -1.8M | -1.8M | 2.2M | 3.6M | -4.4M | -6.5M | -9.4M | -1.8M | 3.6M | -12K | -10.3M |
SEC Filings
PPIH - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
DEF 14A DEF 14A 2026 N/A | May 13, 2026 | June 24, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 16, 2026 | April 10, 2026 | 2026 | |
10-K 10-K 2026 FY FY | April 16, 2026 | January 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 14, 2026 | April 14, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 07, 2026 | April 07, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 19, 2026 | March 19, 2026 | 2026 | |
8-K 8-K 2026 N/A | January 20, 2026 | January 15, 2026 | 2026 | |
8-K 8-K 2025 N/A | December 12, 2025 | December 12, 2025 | 2025 | |
10-Q 10-Q 2025 Q4 Q4 | December 12, 2025 | October 31, 2025 | 2025 | |
8-K 8-K 2025 N/A | December 05, 2025 | December 05, 2025 | 2025 |
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