PPHC
Public Policy Holding Company, Inc. Common StockIndustrials·Specialty Business Services
$10.41
$306M market cap
Revenue
$100.0M
Free Cash Flow
$2.8M
Rev Growth
+0.0%
FCF Margin
2.8%
P/FCF
110.3x
EV/FCF
121.2x
Fwd EV/EBITDA
--
Fair Value
--
Upside
--
Public Policy Holding Company, Inc. provides consulting services in the United States. It operates through three segments: Government Relations Consulting, Public Affairs Consulting, and Diversified 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, community relations, social media and digital podcasting, public op
2-Year Price History
$11.55-4.1%
Quarterly Financials & Projections
Quarterly Waterfall ($ M)
| Period | Rev | EBITDA | OpIn | NI | OCF | FCF | CapEx | Cash | Debt | Shares | ROIC | IntCov | EV/EBITDA | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Act | 2026-Q1 | 50.1 | 1.2 | -1.6 | -11.5 | -11.7 | -12.2 | -0.5 | 42.9 | 73.1 | 28.9 | -5.0% | 1.5x | -- |
| Act | 2025-Q4 | 49.9 | -10.9 | -7.5 | -15.2 | 14.7 | 15.0 | -0.2 | 20.4 | 68.5 | 28.9 | -31.1% | -11.8x | -- |
Valuation & Metrics
Market Stats
Price$10.41
Market Cap$306M
Enterprise Value$336M
P/S Ratio3.1x
P/FCF110.3x
EV/FCF121.2x
FCF Margin (TTM)2.8%
FCF Yield0.9%
Dividend Yield (TTM)2.5%
Annual Dilution0.0%
CurrencyUSD
TTM Financial Snapshot
Revenue$100.0M
Net Income$-26.7M
Free Cash Flow$2.8M
Revenue Growth (YoY)+0.0%
EBITDA Margin-9.7%
Net Margin-26.7%
FCF Margin2.8%
CapEx % of Revenue0.7%
SBC % of Revenue13.3%
ROIC-18.0%
WC Change % Rev-0.8%
Interest Coverage-5.6x
Forward Outlook & Risk
Short Interest
Short % of Float--
Short Shares0.2M
Days to Cover4.1
Change (vs Prior)-26.2%
Need at least 2 settlement dates for chart
Employees
Headcount367
Revenue / Employee$272,420
Gross Profit / Employee$25,673
Institutional Ownership
Headline & net flow
NEUTRAL
Net flow · —still filing
No float data — flow unavailable.
Ownership composition
Active
23.1%
40 filers
hedge / family / endowment
Retail funds
—
Fidelity, Schwab, 401(k)
Passive
1.9%
8 filers
Vanguard, iShares, SPDR
Market makers
0.0%
1 filers
Citadel, Susquehanna
Insiders
—
Form 4 — latest per insider
Not enough quarterly ownership history to chart yet.
Top holders
| Fund | $ value | Cost basis | Δ QoQ | Δ YoY | α life | Fund AUM |
|---|---|---|---|---|---|---|
| Canoe Financial LP | $12.4M | $12.86 | +$13.1M | +$12.4M | — | $7.34B |
| JENNISON ASSOCIATES LLC | $11.4M | $12.86 | +$11.2M | +$11.4M | — | $145.31B |
| ROYCE & ASSOCIATES LP | $8.8M | $12.86 | +$8.6M | +$8.8M | — | $10.09B |
| STOREBRAND ASSET MANAGEMENT AS | $7.8M | $12.86 | +$7.7M | +$7.8M | — | $34.78B |
| WASATCH ADVISORS INC | $7.8M | $12.86 | +$7.8M | +$7.8M | — | $14.87B |
| Russell Investments Group, Ltd. | $7.2M | $12.86 | +$7.1M | +$7.2M | — | $93.03B |
| Ancora Advisors LLC | $6.9M | $12.86 | +$6.8M | +$6.9M | — | $4.69B |
| THOMPSON SIEGEL & WALMSLEY LLC | $4.6M | $12.86 | +$4.5M | +$4.6M | — | $5.66B |
| Creative Planning | $2.9M | $12.86 | +$2.9M | +$2.9M | — | $144.46B |
| BlackRock, Inc.Passive | $2.6M | $12.86 | +$2.6M | +$2.6M | — | $5.69T |
| GRAHAM CAPITAL WEALTH MANAGEMENT, LLC | $2.5M | $12.86 | +$2.4M | +$2.5M | — | $113M |
| CITADEL ADVISORS LLC | $1.7M | $12.86 | +$1.6M | +$1.7M | — | $138.22B |
| GEODE CAPITAL MANAGEMENT, LLCPassive | $1.4M | $12.86 | +$1.4M | +$1.4M | — | $1.61T |
| VANGUARD CAPITAL MANAGEMENT LLCPassive | $1.1M | $12.86 | +$1.1M | +$1.1M | — | $4.04T |
| Boston Partners | $972K | $12.86 | +$1.2M | +$972K | — | $95.40B |
| Ghisallo Capital Management LLC | $785K | $12.86 | +$772K | +$785K | — | $2.56B |
| Manatuck Hill Partners, LLC | $664K | $12.86 | +$653K | +$664K | — | $305M |
| STATE STREET CORPPassive | $642K | $12.86 | +$631K | +$642K | — | $2.89T |
| KORNITZER CAPITAL MANAGEMENT INC /KS | $639K | $12.86 | +$629K | +$639K | — | $4.64B |
| NORTHERN TRUST CORPPassive | $406K | $12.86 | +$399K | +$406K | — | $755.34B |
Cost basis is a volume-weighted estimate from accumulation periods within our 13F history; holders who built their position before our window started will show a stale basis. % above the cost basis is the unrealized gain at the current price.
Trading behavior
Smart-money alpha (lifetime, %/qtr)NEUTRAL
Holders
-0.16%
avg per quarter
Holders (ex-self)
—
excl. this stock
Buyers (this Q)
-0.16%
49 buyers · $0.09B in
Sellers (this Q)
+0.00%
0 sellers · $0.00B out
alpha coverage: 98% of $ has a lifetime-alpha record
Holder behavior (holder profile)source: holder
On big dips (−10%+)
-7.8%
how holders react when this stock falls
On quiet Qs
-3.9%
−10% to +10% baseline
On rallies (+10%+)
-5.7%
how they react when this stock rises
Holders' portfolio flow this Q
-0.6%
outflows — trims may be forced
Sellers' portfolio flow this Q
+0.0%
Sellers' overall flow ~ flat.
New buyers this quarter
Top-5 holders · 56.0%
Canoe Financial LP--
JENNISON ASSOCIATES LLC--
ROYCE & ASSOCIATES LP--
STOREBRAND ASSET MANAGEMENT AS--
WASATCH ADVISORS INC--
Top Holders Over Time
5-year share-count history (top 10 holders by peak, incl. exited) + price
Not enough holder history to plot.
Analyst Coverage
Analyst Coverage
Price Targets
Last Quarter (2 analysts)$17.006330.0%
Last Year (2 analysts)$17.006330.0%
Current Price$10.41
Analyst Ratings
1
Buy: 1Consensus: Buy
Corporate
Order Flow (FINRA, ~3w lag)
9.6%retail-3.4pp
20.8%dark-4.9pp
week of 2026-04-13
Off-exchange volume from FINRA. Retail = non-ATS (wholesaler PFOF + broker internalization). Dark = ATS (dark-pool crossing networks, institutional). Lit-exchange = remainder.