Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 31.13% is in line with its 5-year average of 29.18%, around the middle of its 5-year range (21.67%–35.92%).
0.91% above its 12-month average of 30.85%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-07-31): 29.22%.
GROSS MARGIN
31.13%
GROSS MARGIN AVG TTM
30.85%
GROSS MARGIN AVG 3Y
31.53%
GROSS MARGIN AVG 5Y
29.18%
GROSS MARGIN AVG 10Y
22.65%
GROSS MARGIN AVG 15Y
21.19%
GROSS MARGIN AVG 20Y
20.78%
CURRENT VS TTM AVG
+0.91%
CURRENT VS 3Y AVG
-1.28%
CURRENT VS 5Y AVG
+6.67%
CURRENT VS 10Y AVG
+37.47%
CURRENT VS 15Y AVG
+46.93%
CURRENT VS 20Y AVG
+49.79%
SECTOR MEDIAN · INDUSTRIALS
26.47%
median of 471 covered companies
CURRENT VS SECTOR MEDIAN
+17.60%
vs the sector median at left
Perma-Pipe International Holdings, Inc.
Market Cap
$263.52M
Gross Margin
31.13%
TTM Avg
30.85%
3Y Avg
31.53%
5Y Avg
29.18%
Market Cap
$262.50M
Gross Margin
97.47%
TTM Avg
100.00%
3Y Avg
100.00%
5Y Avg
100.00%
Market Cap
$266.49M
Gross Margin
53.89%
TTM Avg
58.72%
3Y Avg
60.29%
5Y Avg
61.13%
Market Cap
$254.54M
Gross Margin
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$273.16M
Gross Margin
42.15%
TTM Avg
40.25%
3Y Avg
39.95%
5Y Avg
39.83%
Market Cap
$273.21M
Gross Margin
12.85%
TTM Avg
52.03%
3Y Avg
73.36%
5Y Avg
80.45%
Market Cap
$250.91M
Gross Margin
59.08%
TTM Avg
73.00%
3Y Avg
79.34%
5Y Avg
62.08%
Market Cap
$276.57M
Gross Margin
0.00%
TTM Avg
0.00%
3Y Avg
0.00%
5Y Avg
0.00%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Perma-Pipe International Holdings, Inc. (PPIH) | $263.52M | 31.13% | 30.85% | 31.53% | 29.18% |
| HireQuest, Inc. (HQI)vs › | $262.50M | 97.47% | 100.00% | 100.00% | 100.00% |
| Omega Flex, Inc. (OFLX)vs › | $266.49M | 53.89% | 58.72% | 60.29% | 61.13% |
| AIAI Holdings Corporation Class A Common Stock (AIAI)vs › | $254.54M | N/A | N/A | N/A | N/A |
| Information Services Group, Inc. (III)vs › | $273.16M | 42.15% | 40.25% | 39.95% | 39.83% |
| Public Policy Holding Company, Inc. (PPHC)vs › | $273.21M | 12.85% | 52.03% | 73.36% | 80.45% |
| Outdoor Holding Company (POWW)vs › | $250.91M | 59.08% | 73.00% | 79.34% | 62.08% |
| AirJoule Technologies Corporation (AIRJ)vs › | $276.57M | 0.00% | 0.00% | 0.00% | 0.00% |
| Outdoor Holding Company - 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock (POWWP)vs › | $246.94M | 59.08% | 73.00% | 79.34% | 62.08% |
| Pamt Corp. (PAMT)vs › | $241.89M | -9.38% | -3.93% | 5.14% | 8.42% |
Gross Margin
31.1%
(Revenue - COGS) / Revenue
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | GROSS MARGIN |
|---|---|
| 2026-07-31 | 29.22% |
| 2026-04-30 | 29.12% |
| 2026-01-31 | 31.45% |
| 2025-10-31 | 34.35% |
| 2025-07-31 | 30.11% |
| 2025-04-30 | 35.78% |
| 2025-01-31 | 33.72% |
| 2024-10-31 | 33.89% |
| 2024-07-31 | 35.92% |
| 2024-04-30 | 30.64% |
| 2024-01-31 | 29.95% |
| 2023-10-31 | 28.86% |
| 2023-07-31 | 26.93% |
| 2023-04-30 | 22.84% |
| 2023-01-31 | 28.09% |
| 2022-10-31 | 29.36% |
| 2022-07-31 | 26.72% |
| 2022-04-30 | 22.58% |
| 2022-01-31 | 24.67% |
| 2021-10-31 | 21.67% |
| 2021-07-31 | 26.99% |
| 2021-04-30 | 18.45% |
| 2021-01-31 | 11.32% |
| 2020-10-31 | 14.48% |
| 2020-07-31 | 11.61% |
| 2020-04-30 | 15.24% |
| 2020-01-31 | 21.78% |
| 2019-10-31 | 22.18% |
| 2019-07-22 | 26.33% |
| 2019-04-30 | 19.45% |
| 2019-01-31 | 18.14% |
| 2018-10-31 | 20.98% |
| 2018-07-31 | 18.23% |
| 2018-04-30 | 14.62% |
| 2018-01-31 | 13.06% |
| 2017-10-31 | 12.07% |
| 2017-07-31 | 11.39% |
| 2017-04-30 | 7.60% |
| 2017-01-31 | 11.03% |
| 2016-10-31 | 14.61% |
| 2016-07-31 | 13.04% |
| 2016-04-30 | 8.63% |
| 2016-01-31 | 209.47% |
| 2015-10-31 | 25.59% |
| 2015-07-31 | 14.13% |
| 2015-04-30 | 10.73% |
| 2015-01-31 | 13.83% |
| 2014-10-31 | 15.34% |
| 2014-07-31 | 19.76% |
| 2014-04-30 | 26.86% |
| 2014-01-31 | 17.20% |
| 2013-10-31 | 29.13% |
| 2013-07-31 | 22.21% |
| 2013-04-30 | 22.74% |
| 2013-01-31 | 15.66% |
| 2012-10-31 | 19.62% |
| 2012-07-31 | 18.95% |
| 2012-04-30 | 17.31% |
| 2012-01-31 | 10.80% |
| 2011-10-31 | 17.43% |
| 2011-07-31 | 16.85% |
| 2011-04-30 | 15.43% |
| 2011-01-31 | 13.34% |
| 2010-10-31 | 23.04% |
| 2010-07-31 | 22.21% |
| 2010-04-16 | 21.57% |
| 2010-01-31 | 12.42% |
| 2009-10-31 | 23.75% |
| 2009-07-31 | 23.94% |
| 2009-04-30 | 27.71% |
| 2009-01-31 | 18.52% |
| 2008-10-31 | 22.26% |
| 2008-07-31 | 19.84% |
| 2008-04-30 | 16.89% |
| 2008-01-31 | 11.93% |
| 2007-10-31 | 17.21% |
| 2007-07-31 | 20.83% |
| 2007-04-30 | 18.95% |
| 2007-01-31 | 15.80% |
| 2006-10-31 | 22.38% |
| 2006-07-31 | 23.39% |
| 2006-04-30 | 20.89% |
| 2006-01-31 | 16.29% |
| 2005-10-31 | 23.52% |
| 2005-07-31 | 22.63% |
| 2005-04-30 | 22.03% |
| 2005-01-31 | 20.19% |
| 2004-10-31 | 23.08% |
| 2004-07-31 | 23.52% |
| 2004-04-30 | 18.38% |
| 2004-01-31 | 17.79% |
| 2003-10-31 | 21.15% |
| 2003-07-31 | 23.17% |
| 2003-04-30 | 18.54% |
| 2003-01-31 | 17.92% |
| 2002-10-31 | 23.56% |
