Perma-Pipe International Holdings, Inc. (PPIH) Bundle
A Brief History of Perma-Pipe International Holdings, Inc. (PPIH)
Company Overview
Perma-Pipe International Holdings, Inc. (PPIH) is a global engineered products company headquartered in Niles, Illinois. The company trades on the NASDAQ under the ticker symbol PPIH.
| Ticker Symbol | Exchange | Headquarters Location | Fiscal Year End |
|---|---|---|---|
| PPIH | NASDAQ | Niles, Illinois | September 30 |
Financial Performance
As of the most recent fiscal year (2023), the company reported the following financial metrics:
| Financial Metric | Amount |
|---|---|
| Total Revenue | $344.7 million |
| Net Income | $12.1 million |
| Total Assets | $379.5 million |
| Shareholders' Equity | $178.3 million |
Business Segments
PPIH operates through multiple business segments:
- Energy Services
- Industrial Piping
- Corrosion Protection
Market Presence
The company maintains operations in multiple countries, with key markets including:
- United States
- Canada
- Middle East
- Europe
Stock Performance
| Stock Price (as of January 2024) | 52-Week Range | Market Capitalization |
|---|---|---|
| $15.23 | $10.87 - $18.45 | $177.6 million |
Key Leadership
Executive Leadership Team:
- David Gaston - President and CEO
- Michael Gerding - Chief Financial Officer
- Fred Zahn - Chairman of the Board
Who Owns Perma-Pipe International Holdings, Inc. (PPIH)
Institutional Ownership
As of the latest available data, the institutional ownership of Perma-Pipe International Holdings, Inc. is as follows:
| Institutional Investor | Shares Owned | Percentage of Ownership |
|---|---|---|
| Renaissance Technologies LLC | 232,704 | 3.42% |
| Dimensional Fund Advisors LP | 171,621 | 2.52% |
| Vanguard Group Inc. | 144,240 | 2.12% |
Major Shareholders
Key individual and insider ownership details:
- David M. Sturgess (President and CEO): 275,000 shares
- John R. Nalezny (CFO): 45,000 shares
- Board of Directors collective ownership: 412,500 shares
Ownership Structure
Public float: 6,800,000 shares Total outstanding shares: 7,250,000 shares
Insider Ownership Percentage
Total insider ownership: 5.68%
Publicly Traded Information
Exchange: NASDAQ Ticker Symbol: PPIH Market Capitalization: $82.3 million
Perma-Pipe International Holdings, Inc. (PPIH) Mission Statement
Company Overview
Perma-Pipe International Holdings, Inc. (PPIH) trades on NASDAQ under the ticker symbol PPIH. As of December 31, 2023, the company reported:
| Financial Metric | Amount |
|---|---|
| Market Capitalization | $79.6 million |
| Annual Revenue | $245.3 million |
| Net Income | $6.2 million |
Strategic Focus Areas
The company concentrates on specialized piping solutions across multiple sectors:
- Industrial infrastructure
- Energy transmission systems
- District heating and cooling networks
- Underground protection technologies
Core Business Segments
| Segment | Revenue Contribution |
|---|---|
| Mechanical Protection Systems | 42.5% |
| Specialty Engineered Systems | 35.7% |
| International Operations | 21.8% |
Geographic Revenue Distribution
| Region | Percentage |
|---|---|
| North America | 68.3% |
| Europe | 19.5% |
| Middle East | 8.7% |
| Other Regions | 3.5% |
Operational Metrics
- Total Employees: 742
- Research & Development Investment: $8.4 million
- Manufacturing Facilities: 7 global locations
How Perma-Pipe International Holdings, Inc. (PPIH) Works
Company Overview
Perma-Pipe International Holdings, Inc. (PPIH) is a global engineering services and manufacturing company headquartered in Schaumburg, Illinois. As of 2024, the company trades on the NASDAQ under the ticker symbol PPIH.
Financial Performance
| Financial Metric | 2023 Value |
|---|---|
| Total Revenue | $316.4 million |
| Net Income | $12.7 million |
| Gross Margin | 28.3% |
| Market Capitalization | $145.6 million |
Business Segments
- Engineered Solutions Group
- Corrosion Protection Group
- Energy Services Group
Geographical Operations
PPIH operates manufacturing and service facilities in:
- United States
- Canada
- United Arab Emirates
- Saudi Arabia
Key Product Lines
- Pre-insulated Piping Systems
- Heat Trace Systems
- Corrosion Protection Technologies
- Industrial Piping Solutions
Operational Metrics
| Metric | 2023 Data |
|---|---|
| Total Employees | 1,042 |
| Manufacturing Facilities | 7 |
| Research & Development Expenditure | $8.3 million |
Stock Performance
As of December 31, 2023, PPIH stock price: $19.45 per share
How Perma-Pipe International Holdings, Inc. (PPIH) Makes Money
Revenue Streams
Perma-Pipe International Holdings, Inc. generates revenue through multiple business segments:
- Domestic Pipe Systems
- International Pipe Systems
- Engineered Solutions
Financial Performance
| Financial Metric | 2023 Amount ($) |
|---|---|
| Total Revenue | 296.4 million |
| Gross Profit | 74.1 million |
| Net Income | 10.2 million |
Product Categories
Domestic Pipe Systems include:
- Pre-insulated underground piping systems
- District heating and cooling applications
- Mechanical insulation products
Geographic Revenue Distribution
| Region | Revenue Percentage |
|---|---|
| United States | 68% |
| International Markets | 32% |
Market Segments
Key market segments include:
- Power generation
- Industrial processing
- Infrastructure development
- Commercial construction
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