PERMA-PIPE INTERNATIONAL HOLDINGS, INC. (PPIH) Return on equity 2017–2026
PERMA-PIPE INTERNATIONAL HOLDINGS, INC. (PPIH) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
18.8%FY2026 · since FY2017: -21.0% → 18.8%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2026 | 18.8% | -4.8 pp |
| FY2025 | 23.6% | +9.9 pp |
| FY2024 | 13.7% | -4.5 pp |
| FY2023 | 18.1% | +7.0 pp |
| FY2022 | 11.1% | +26.6 pp |
| FY2021 | -15.5% | -21.9 pp |
| FY2020 | 6.4% | +7.5 pp |
| FY2019 | -1.1% | +18.4 pp |
| FY2018 | -19.5% | +1.5 pp |
| FY2017 | -21.0% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice