PPHC Financials Public Policy Holding Company, Inc.
2 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 24.7% per year over the past 1 years.
Operating margin has contracted, at -18.2% in the latest year.
Free cash flow has grown 51.5% per year over the past 1 years.
Financial health
Total debt ($47M) exceeds cash ($20M); net debt is $27M.
Total debt has grown faster than revenue (46.6% vs 24.7% per year).
Operating income covered interest expense -10.0× in the latest year, down from -9.6× 1 years ago.
Shareholder returns
Dividends have been paid for 2 consecutive years, consuming 35.0% of free cash flow.
The dividend has declined 48.6% per year over the past 1 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
$187M
-$39M
10.0%
-18.2%
-52.1%
-19.3%
$25M
$47M
$20M
2024
$150M
-$24M
11.5%
-12.1%
-29.5%
-13.7%
$16M
$32M
$15M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Jun '26
$52M
-$4M
21.8%
-7.5%
-3.4%
-1.6%
$2M
$42M
$37M
Mar '26
$50M
-$11M
18.3%
-16.3%
-10.6%
-4.7%
-$12M
$45M
$43M
Jun '25
$49M
-$6M
16.4%
-10.1%
-7.1%
—
$8M
—
—
Mar '25
$39M
-$11M
10.1%
-15.0%
-13.3%
—
-$9M
—
—
Valuation over time
How the market has priced PPHC against its own fundamentals since 2026-01 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-sales ratio has fallen from 2.0× (Jan '26) to 1.8× (Nov '26).
The dividend yield has risen from 2.3% (Jan '26) to 2.6% (Nov '26).
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is PPHC growing its revenue and profit?
Over the past 1 years, Public Policy Holding Company, Inc.'s revenue has grown 24.7% per year. These are computed facts, not advice.
How much debt does PPHC have?
As of FY2025, Public Policy Holding Company, Inc. reported $47M of total debt against $20M of cash; operating income covered interest expense -10.0×.
What is PPHC's profit margin?
In FY2025, gross margin was 10.0%, operating margin -18.2%, and net margin -20.9%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.