Loading…
Public Policy Holding Company, Inc. engages in the provision of consulting services in the United States. The company operates through three segments: Government Relations Consulting, Corporate Communications & Public Affairs Consulting Services, and Compliance and Insights Services. The Government Relations Consulting segment offers federal and state advocacy, strategic guidance, political intelligence, and issue monitoring services. The Public Affairs Consulting segment provides crisis communications, financial communications and investor relations, litigation support, community relations, social and digital media, public opinion research, branding and messaging, and relationship marketing. The compliance and insights services include lobbying compliance services and legislative tracking. The company was founded in 2014 and is headquartered in Washington, District Of Columbia.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $187M | $-19M | $-39M | $25M | -52.1% | 24.7% | 62.8% |
| 2024 | $150M | $-7M | $-24M | $16M | -29.5% | 10.8% | 68.2% |
| 2023 | $135M | $2M | $-14M | $10M | -17.4% | 24.1% | -5.1% |
| 2022 | $109M | $-2M | $-15M | $21M | -19.8% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 108.81 | 134.99 | 149.56 | 186.54 |
| Operating Revenue | - | 108.81 | 134.99 | 149.56 | 186.54 |
| Cost Of Revenue | - | - | - | 132.29 | 167.89 |
| Gross Profit | - | - | - | 17.27 | 18.65 |
| Operating Expense | - | 113.58 | 137.62 | 31.08 | 37.47 |
| Selling General And Administration | - | 9.61 | 10.93 | 26.84 | 31.79 |
| Total Expenses | - | 113.58 | 137.62 | 163.37 | 205.36 |
| Operating Income | - | -4.77 | -2.63 | -13.81 | -18.82 |
| Total Operating Income As Reported | - | -28.63 | -10.64 | -18.15 | -33.91 |
| EBITDA | - | -1.85 | 1.94 | -6.63 | -19.50 |
| Normalized EBITDA | - | 0.59 | 5.11 | -4.75 | -12.66 |
| EBIT | - | -7.19 | -5.78 | -15.51 | -31.20 |
| Interest Income | - | 0.01 | 0.02 | 0.18 | 0.08 |
| Interest Expense | - | 0.02 | 0.96 | 1.90 | 3.40 |
| Net Interest Income | - | 0 | -0.94 | -1.72 | -3.32 |
| Other Non Operating Income Expenses | - | - | - | - | 0.59 |
| Interest Income Non Operating | - | 0.01 | 0.02 | 0.18 | 0.08 |
| Interest Expense Non Operating | - | 0.02 | 0.96 | 1.90 | 3.40 |
| Net Non Operating Interest Income Expense | - | 0 | -0.94 | -1.72 | -3.32 |
| Pretax Income | - | -7.21 | -6.74 | -17.41 | -34.60 |
| Tax Provision | - | 7.80 | 7.50 | 6.54 | 4.40 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -0.51 | -0.67 | -0.39 | -2.74 |
| Net Income Continuous Operations | - | -15.01 | -14.24 | -23.96 | -39 |
| Net Income From Continuing And Discontinued Operation | - | -15.01 | -14.24 | -23.96 | -39 |
| Net Income From Continuing Operation Net Minority Interest | - | -15.01 | -14.24 | -23.96 | -39 |
| Net Income | - | -15.01 | -14.24 | -23.96 | -39 |
| Net Income Common Stockholders | - | -15.01 | -14.24 | -23.96 | -41.43 |
| Net Income Including Noncontrolling Interests | - | -15.01 | -14.24 | -23.96 | -39 |
| Normalized Income | - | -13.08 | -11.74 | -22.47 | -22.47 |
| Diluted NI Availto Com Stockholders | - | -15.01 | -14.24 | -23.96 | -41.43 |
| Basic Average Shares | - | 21.63 | 21.72 | 22.37 | 17.47 |
| Diluted Average Shares | - | 21.63 | 21.72 | 22.37 | 17.47 |
| Reconciled Depreciation | - | 5.34 | 7.72 | 8.88 | 11.70 |
| Reconciled Cost Of Revenue | - | - | - | 132.29 | 167.89 |
| Total Unusual Items | - | -2.44 | -3.17 | -1.88 | -6.83 |
| Total Unusual Items Excluding Goodwill | - | -2.44 | -3.17 | -1.88 | -13.05 |
| Preferred Stock Dividends | - | - | - | 0 | 0 |
| Special Income Charges | - | -2.44 | -3.17 | -1.88 | -13.05 |
| Impairment Of Capital Assets | - | - | - | 0 | 2.89 |
| Restructuring And Mergern Acquisition | - | 2.44 | 3.17 | 1.88 | 3.94 |
| Depreciation And Amortization In Income Statement | - | 2.23 | 4 | 4.24 | 5.68 |
| General And Administrative Expense | - | 9.61 | 10.93 | 26.84 | 31.79 |
| Rent Expense Supplemental | 3.65 | 3.93 | 5.03 | 5.57 | - |
| Other Operating Expenses | 3.65 | 3.93 | - | - | - |
| Rent And Landing Fees | 3.65 | 3.93 | 5.03 | 5.57 | - |
| Otherunder Preferred Stock Dividend | - | 0 | 0 | 7.40 | 2.43 |
| Depreciation Income Statement | - | 2.23 | 4 | 4.24 | 5.68 |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Public Policy Holding Company, Inc.this co. | PPHC | $306M | -7.83 | 4.08 | -52.1% | -18.14 |
| Wabash National Corporation | WNC | $326M | 1.54 | 0.89 | 57.6% | 2.07 |
| SBC Medical Group Holdings Incorporated | SBC | $314M | 6.16 | 1.26 | 20.5% | 2.38 |
| Omega Flex, Inc. | OFLX | $304M | 20.51 | 3.61 | 17.6% | 13.97 |
| AerSale Corporation | ASLE |
| 2021 | - | - | - | - | - | - | - |
| $300M |
| 34.99 |
| 0.71 |
| 2.0% |
| 12.35 |
| CompX International Inc. | CIX | $298M | 15.30 | 2.15 | 14.1% | 9.29 |
| NL Industries, Inc. | NL | $296M | -7.83 | 0.83 | -10.5% | -3.96 |
| AIRO Group Holdings, Inc. | AIRO | $295M | -71.79 | 0.40 | -0.6% | 8.94 |
| Energy Services of America Corporation | ESOA | $288M | 757.77 | 4.86 | 0.6% | 20.45 |
| Peer Median | - | 10.73 | 1.08 | 8.0% | 9.12 | |