Public Policy Holding Company, Inc.

Public Policy Holding Company, Inc.

PPHC.L
Public Policy Holding Company, Inc.GB flagLondon Stock Exchange
595.00
GBp
- -
- -
178.54MMarket Cap
Public Policy Holding Company, Inc.
PPHC.L
(London Stock Exchange)

Recent

price

595.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
1.56
2.57
3.58
4.95
5.03
6.21
6.69
10.68
9.7
Revenue per Share
-0.04
-0.07
-0.05
-1.21
-0.69
-0.66
-1.07
-2.23
-1.96
Basic EPS, GAAP
-0.05
0.04
0.27
0.23
0.96
0.46
0.73
1.42
1.04
Free Cash Flow per Basic Share
- -
0.03
0.01
0.02
0.26
0.73
0.75
0.5
0.14
Dividend per Share
- -
- -
- -
-1.2
-2.07
-3.44
-5.17
-9.35
-8.59
Book Value per Share
- -
-0.07
-0.05
0.25
0.44
0.34
-0.68
-1.1
0.82
Tangible Book Value per Share
22
22
22
20
22
22
22
17
20
Basic Weighted Avg Shares
34
56
77
99
109
135
150
187
197
Sales/Revenue/Turnover
-2.29
-2.65
-1.46
-23.87
-4.38
-1.95
-9.23
-10.09
-7.88
Operating Margin (%)
2
3
4
5
5
8
9
12
12
Depreciation Expense
-1
-2
-1
-24
-15
-14
-24
-39
-40
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-2.4
-2.73
-1.51
-24.42
-13.79
-10.55
-16.02
-20.91
-20.21
Profit Margin (%)
- -
-1
-2
6
7
7
8
6
37
Working Capital
19
18
17
15
15
28
43
54
58
LT Debt
21
28
59
63
76
82
81
75
109
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
14
14
15
LT Borrowings
41
38
34
LT Finance Leases
14
16
24
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
25
25
29
Market Capitalization
23,062
24,465
24,748

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
49
59
89
Cash, Cash Equivalents & STI
11
20
43
Accounts Receivable, Net
27
21
35
Inventories
- -
- -
- -
Total Current Liabilities
50
53
52
Payables & Accruals
- -
- -
23
ST Debt
14
14
15
Deferred Revenue
- -
- -
6

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
5.45%
-7.82%
Free Cash Flow
- -
78.37%
51.46%
Net Income, GAAP
- -
410.85%
62.8%
Sales/Revenue/Turnover
- -
19.46%
24.72%
Total Cash Common Dividend
- -
278.35%
-48.59%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
39
39
- -
150
2025
39
49
49
50
187
2026
50
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
-0.49
- -
- -
-1.07
2025
-0.63
- -
-0.43
- -
-2.23
2026
-0.49
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.75
2025
- -
- -
0.08
- -
0.5
2026
- -
- -
- -
- -
- -
Business
Public Policy Holding Company, Inc. is a leading global government relations, public affairs, and strategic communications group headquartered in Washington, D.C. Founded in 2014, the company operates through three primary segments: Government Relations Consulting, Public Affairs Consulting, and Diversified Services. Its Government Relations segment provides federal and state advocacy, strategic guidance, political intelligence, and issue monitoring services. The Public Affairs segment offers crisis communications, community relations, social and digital podcasting, public opinion research, branding and messaging, relationship marketing, and litigation support. The Diversified Services segment encompasses lobbying compliance and legislative tracking services. The company serves a diverse range of industries, including healthcare and pharmaceuticals, financial services, energy, technology, telecommunications, and transportation. In recent strategic developments, Public Policy Holding Company, Inc. has focused on expanding its geographic and service reach through acquisitions and partnerships. Notably, it entered into a binding agreement in July 2025 to acquire Pine Cove Capital, LLC, a Texas-based strategic consulting firm, enhancing its presence in key U.S. state capitals and complementing its federal capabilities with local market expertise in Texas. This acquisition complements its April 2025 acquisition of TrailRunner International and strengthens its footprint with managing subsidiaries such as KP Public Affairs in California and O’Neill and Associates in Massachusetts. The acquisition aligns with PPHC’s strategy to be a consolidator in the fragmented state government relations market and supports its ambition to reach $500 million in profitable revenues in the medium term. The company also completed acquisitions in 2024 including California-based Lucas Public Affairs and London-based Pagefield Communications, which marked its first operational presence outside the U.S. Public Policy Holding Company, Inc. serves over 1,300 clients ranging from corporate entities, trade associations, to non-profit organizations, operating across all 50 U.S. states and in international capitals worldwide. It leverages research-driven messaging, sophisticated polling and analytics, digital advocacy campaigns, and strategic communications aimed at influencing public policy and regulatory outcomes. Its strategic communications platforms are designed to engage elite audiences and key influencers to shape opinions and advance client agendas. The company employs more than 450 professionals as of late 2025 and is publicly listed on the NASDAQ and London Stock Exchange. This comprehensive service offering, combined with robust recent strategic acquisitions and geographic expansion, positions Public Policy Holding Company as a preeminent provider in the government relations and public affairs industry, delivering integrated solutions that encompass federal, state, and local government relations, broad public affairs consulting, and diversified compliance and research services globally. The company continues to capitalize on increased policy activity across key markets while expanding its portfolio internationally and leveraging a balanced, multi-segment revenue model reflective of strong organic and inorganic growth trends.