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Perma-Pipe International Holdings (Perma-Pipe International Holdings) Gross Profit : $41.5 Mil (TTM As of Jan. 2024)


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What is Perma-Pipe International Holdings Gross Profit?

Perma-Pipe International Holdings's gross profit for the three months ended in Jan. 2024 was $12.0 Mil. Perma-Pipe International Holdings's gross profit for the trailing twelve months (TTM) ended in Jan. 2024 was $41.5 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Perma-Pipe International Holdings's gross profit for the three months ended in Jan. 2024 was $12.0 Mil. Perma-Pipe International Holdings's Revenue for the three months ended in Jan. 2024 was $40.2 Mil. Therefore, Perma-Pipe International Holdings's Gross Margin % for the quarter that ended in Jan. 2024 was 29.95%.

Perma-Pipe International Holdings had a gross margin of 29.95% for the quarter that ended in Jan. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Perma-Pipe International Holdings was 27.52%. The lowest was 11.16%. And the median was 22.27%.


Perma-Pipe International Holdings Gross Profit Historical Data

The historical data trend for Perma-Pipe International Holdings's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Perma-Pipe International Holdings Gross Profit Chart

Perma-Pipe International Holdings Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.05 11.18 32.53 38.30 41.46

Perma-Pipe International Holdings Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.24 6.77 9.46 13.18 12.03

Competitive Comparison of Perma-Pipe International Holdings's Gross Profit

For the Building Products & Equipment subindustry, Perma-Pipe International Holdings's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Perma-Pipe International Holdings's Gross Profit Distribution in the Construction Industry

For the Construction industry and Industrials sector, Perma-Pipe International Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Perma-Pipe International Holdings's Gross Profit falls into.



Perma-Pipe International Holdings Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Perma-Pipe International Holdings's Gross Profit for the fiscal year that ended in Jan. 2024 is calculated as

Gross Profit (A: Jan. 2024 )=Revenue - Cost of Goods Sold
=150.668 - 109.21
=41.5

Perma-Pipe International Holdings's Gross Profit for the quarter that ended in Jan. 2024 is calculated as

Gross Profit (Q: Jan. 2024 )=Revenue - Cost of Goods Sold
=40.179 - 28.145
=12.0

Gross Profit for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $41.5 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Perma-Pipe International Holdings's Gross Margin % for the quarter that ended in Jan. 2024 is calculated as

Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=12.0 / 40.179
=29.95 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Perma-Pipe International Holdings  (NAS:PPIH) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Perma-Pipe International Holdings had a gross margin of 29.95% for the quarter that ended in Jan. 2024 => Competition eroding margins


Perma-Pipe International Holdings Gross Profit Related Terms

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Perma-Pipe International Holdings (Perma-Pipe International Holdings) Business Description

Traded in Other Exchanges
N/A
Address
24900 Pitkin Road, Suite 309, Spring, TX, USA, 77386
Perma-Pipe International Holdings Inc is engaged in the manufacture and sale of products in the reportable segment of Piping Systems. The company engineers, designs, manufactures and sells specialty piping systems and leak detection systems. Specialty piping systems include insulated and jacketed district heating and cooling piping systems for efficient energy distribution from central energy plants to multiple locations, primary and secondary containment piping systems for transporting chemicals, hazardous fluids and petroleum products, and the coating and insulation of oil and gas gathering and transmission pipelines. It operates in the United States, Canada, Middle East, Europe, India and other countries.
Executives
David B Brown director 9870 PLANO ROAD, DALLAS TX 75238
Cynthia Boiter director 6410 W. HOWARD STREET, NILES IL 60714
Jerome T. Walker director 10205 WESTHEIMER, SUITE 1000, HOUSTON TX 77042
Robert Joseph Mcnally director 625 LIBERTY AVENUE, SUITE 1700, C/O EQT CORPORATION, PITTSBURGH PA 15222
Matthew Earl Lewicki officer: Chief Accounting Officer 20719 KINGS CROWN CT, HUMBLE TX 77346
David S Barrie director 2409 BOXWOOD LANE, FERNANDINA BEACH FL 32034
Grant Dewbre officer: Chief Operating Officer 6410 WEST HOWARD STREET, NILES IL 60714
D Bryan Norwood officer: Vice President, CFO 6410 W HOWARD STREET, NILES IL 60714
Mark A Zorko director 9265 FAWN LAKE DR, RALEIGH NC 27617
Karl J Schmidt officer: CFO and VP 6410 W. HOWARD STREET, NILES IL 60714-3491
Wayne Bosch officer: VP of HR 41 PORTSHIRE DRIVE, LINCOLNSHIRE IL 60069
David J Mansfield officer: President and CEO 119 WIND RIDGE CIRCLE, THE WOODLANDS TX 77381
Gerald P Oconnor officer: Interim CFO,Principal Accntng P O BOX 3014, NAPERVILLE IL 60566-7014
Michael J Gade director 5501 HEADQUARTERS DRIVE, PLANO TX 75024
John Mark Foster officer: Subsidiary President 7720 N. LEHIGH AVENUE, NILES IL 60714