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Compare · MAIR vs PPIH

MAIR vs PPIH

Side-by-side comparison of Madison Air Solutions Corporation (MAIR) and Perma-Pipe International Holdings Inc. (PPIH): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both MAIR and PPIH operate in Pollution Control Equipment (Industrials), so they compete in similar markets.
  • MAIR is the larger of the two at $20.12B, about 79.5x PPIH ($253.0M).
  • Over the past year, MAIR is up 24.3% and PPIH is up 112.9% - PPIH leads by 88.6 points.
  • MAIR has hit the wire 3 times in the past 4 weeks while PPIH has been quiet.
  • MAIR has more recent analyst coverage (10 ratings vs 0 for PPIH).
PerformanceMAIR+24.28%PPIH-3.54%
2026-04-16+0.00%2026-06-08
MetricMAIRPPIH
Company
Madison Air Solutions Corporation
Perma-Pipe International Holdings Inc.
Price
$39.47-1.79%
$31.31-0.10%
Market cap
$20.12B
$253.0M
1M return
-6.38%
-4.35%
1Y return
+24.28%
+112.92%
Industry
Pollution Control Equipment
Pollution Control Equipment
Exchange
NYSE
NASDAQ
IPO
2026
News (4w)
3
0
Recent ratings
10
0
PPIH

Perma-Pipe International Holdings Inc.

Perma-Pipe International Holdings, Inc., together with its subsidiaries, engineers, designs, manufactures, and sells specialty piping and leak detection systems. The company offers insulated and jacketed district heating and cooling piping systems for energy distribution from central energy plants to various locations; and primary and secondary containment piping systems for transporting chemicals, hazardous fluids, and petroleum products, as well as engages in the coating and insulation of oil and gas gathering and transmission pipelines. It has operations in the United States, Canada, the Middle East, Europe, India, and internationally. The company was formerly known as MFRI, Inc. and changed its name to Perma-Pipe International Holdings, Inc. in March 2017. Perma-Pipe International Holdings, Inc. was founded in 1909 and is headquartered in Niles, Illinois.

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