Perma-Pipe International Holdings, Inc.
NASDAQ Global MarketCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Saleh Sagr
- Full Time Employees
- 909
- Sector
- Industrials
- Industry
- Industrial - Machinery
- Address
- 2445 Technology Forest Blvd The Woodlands TX United States of America 77381
- IPO Date
- Dec 15, 1989
- CIK
- 0000914122
- Website
- permapipe.com
- Similar Companies
- Business
- Perma-Pipe International Holdings, Inc. engages in the manufacture and supply of engineered piping systems and related products, primarily serving the energy infrastructure sector. Its core offerings include pre-insulated piping solutions; anti-corrosion coatings; double containment piping systems; leak detection systems; custom fabrication services; and containment solutions designed to prevent environmental contamination. The company supports critical applications such as oil and gas production, petrochemical processing, district heating and cooling, and data center infrastructure, with operations extending across North America, the Middle East, and other global markets. Founded in 1967, Perma-Pipe is headquartered in Salisbury, Maryland, USA. In recent years, Perma-Pipe has significantly expanded its global footprint through strategic initiatives, including the establishment of manufacturing and service facilities in the Middle East, notably in Saudi Arabia and Qatar. In 2023, it opened a plant in Abu Dhabi and approved a joint venture in Saudi Arabia, further solidifying its regional presence. In 2024, the company gained acceptance into the QatarEnergy Tawteen program, reinforcing its position in the Gulf region. A major development includes securing official technical and commercial endorsement from Saudi Aramco, enabling direct engagement with the oil and gas giant, and enhancing commercial opportunities in the Kingdom. Throughout 2025, Perma-Pipe secured over $80 million in new project awards, including significant contracts in U.S. data center infrastructure and Saudi projects, driving strong sales growth and backlog expansion. The company also completed the acquisition of certain assets of its major competitor Ricwil Piping Systems, strengthening its competitive position. The company's operational strategy focuses on continuous innovation and market penetration within key segments such as oil and gas, district energy, and industrial infrastructure. Its engineered piping solutions are designed with advanced technology integrating thermal insulation, environmental safety through anti-corrosion and leak detection, and custom fabrication to meet rigorous industry standards. Perma-Pipe's diversified product portfolio and geographic expansion strategy aim to support growing global energy infrastructure demands with reliable, high-performance solutions. Perma-Pipe International Holdings, Inc. operates as a publicly traded entity listed on NASDAQ under the ticker PPIH. The company targets a wide customer base, including oil and gas producers, utilities, industrial clients, and infrastructure developers primarily in North America and the Middle East. The ongoing expansion efforts and recent endorsements underline its ambition to increase market share and operational scale internationally. Overall, Perma-Pipe combines a heritage of over five decades with recent strategic partnerships, acquisitions, and high-value contracts, positioning itself as a leading supplier of specialized piping systems and infrastructure solutions for critical industrial sectors globally.
Company News
Perma-Pipe and Welspun Announce Memorandum of Understanding to Establish Pipe Manufacturing and Coating Facilities in Jordan
Perma-Pipe and Welspun Announce Memorandum of Understanding to Establish Pipe Manufacturing and Coating Facilities in Jordan
Perma-Pipe Announces Closing of Global Credit Facility of Up to $139 Million
Perma-Pipe Announces Closing of Global Credit Facility of Up to $139 Million
Perma-Pipe to Report Second Quarter 2026 Results and Host Investor Conference Call on Wednesday, September 9, 2026
Perma-Pipe Secures More Than $67 Million in New Orders in the Second Quarter of 2026
Perma-Pipe Joins Russell 2000 and Russell 3000 Indexes
Perma-Pipe Joins Russell 2000 and Russell 3000 Indexes
PPIH Stock Falls 19% as Q1 Earnings Down Y/Y on High Operating Costs
Perma-Pipe International Holdings, Inc. Announces First Quarter 2026 Financial Results
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Perma-Pipe's Q4 Earnings Increase Y/Y on Volume Growth
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Perma-Pipe International Holdings, Inc. Announces Record Fourth Quarter and Fiscal 2025 Results; Net Sales Increase 33% and Net Income Grows 89%
Perma-Pipe International (NASDAQ:PPIH) Share Price Crosses Above 200-Day Moving Average – What’s Next?
Perma-Pipe International Holdings, Inc. Announces the Appointment of Nancy Zakhour and Saleh Sagr to its Board of Directors
Perma-Pipe International Holdings Offers Robust Upside
Perma-Pipe Surges 43% in 6 Months: Should You Buy the Stock?
Perma-Pipe Q3 Earnings Jump Y/Y on Middle East, U.S. Demand