Craft
Perma-Pipe

Perma-Pipe

Backlog

$52.7 M

Q3, 2019

Revenue

$138.6 M

FY, 2021

Market Capitalization

$87 M

2023-01-20

Perma-Pipe Summary

Company summary

Overview
Perma-Pipe (formerly known as MFRI) is a global company that engineers, designs, manufactures, and sells specialty piping and leak detection systems. The company offers insulated and jacketed district heating and cooling (DHC) piping systems for 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. Its leak detection systems are used to monitor areas where fluid intrusion may contaminate the environment, endanger personal safety, cause a fire hazard, impair essential services, and damage equipment or property.
Type
Public
Status
Active
Founded
1993
HQ
Niles, IL, US | view all locations
Website
http://www.permapipe.com
Cybersecurity rating
Sectors

Key people

  • D. Bryan Norwood

    D. Bryan Norwood, Vice President, Chief Financial Officer and Director

  • Grant W. Dewbre

    Grant W. Dewbre, Chief Operating Officer and Director

  • David B. Brown

    David B. Brown, Independent Director

  • Cynthia A. Boiter

    Cynthia A. Boiter, Independent Director

    Operating MetricsView all

    Backlog

    $52.7M
    24.8%

    Q3, 2019

    LocationsView all

    11 locations detected

    • Niles, IL HQ

      United States

      6410 Howard St

    • Lebanon, TN

      United States

      1310 Quarles Dr

    • New Iberia, LA

      United States

      5008 Curtis Ln

    • Spring, TX

      United States

      24900 Pitkin Rd Suite 309

    • Calgary, AB

      Canada

      407 2 St SW #1600

    • Camrose, AB

      Canada

      5233 39 St

    and 5 others

    Perma-Pipe Financials

    Summary financials

    Revenue (Q3, 2023)
    $37.9M
    Gross profit (Q3, 2023)
    $11.1M
    Net income (Q3, 2023)
    $1.7M
    Cash (Q3, 2023)
    $8.6M
    EBIT (Q3, 2023)
    $4.5M
    Enterprise value
    $106.7M

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