STN vs AMRC vs NOA Stock Comparison

Stantec, Ameresco and North American Construction Prices as of Oct 26, 2026 Peers: Industry group
STN Stantec Inc
$71.00 +2.9% 1M -36.7% 1Y
Market cap
$8.10B
P/E
12.4x
Revenue (TTM)
$10.51B
Div. yield
1.34%
Engineering and Construction Industrials
8 wins
AMRC Ameresco, Inc.
$18.32 -14.8% 1M -56.9% 1Y
Market cap
$965.76M
P/E
–
Revenue (TTM)
—
Div. yield
–
Engineering and Construction Industrials

Head to Head

12 decided of 12

Stantec leads on 8 of the 12 questions below (Stantec 8, North American Construction 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionSTNAMRCNOALeader
Larger companyMarket capitalisation $8.10B $965.76M $342.40M STN
Cheaper on earningsLower P/E, profitable companies only 12.4x — 14.5x STN
Cheaper on forward earningsLower price / next fiscal year consensus EPS 15.4x 13.9x 10.2x NOA
Faster revenue growthRevenue growth, trailing twelve months +9.4% — +7.5% STN
More profitableNet margin, trailing twelve months 6.2% — 2.2% STN
Better return on capitalReturn on invested capital 37.8% — 15.3% STN
Less leveragedLower net debt / EBITDA 0.0x — -0.1x NOA
Higher dividend yieldTrailing dividend yield 1.34% — 4.04% NOA
Better 1-year returnPrice return, last 12 months -36.7% -56.9% -22.0% NOA
Better 5-year returnAnnualised price return, 5 years +5.4%/yr -24.9%/yr -6.0%/yr STN
Less volatileAnnualised volatility, 1 year 30.4% 67.9% 48.1% STN
Higher overall scoreMean of the five percentile scores vs peers 77/100 — 53/100 STN

Percentile Scorecard

STNAMRCNOA

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisSTNAMRCNOA
Valuation 95 #2 of 22 – 91 #3 of 22
Growth 50 #5 of 9 – 13 #8 of 9
Profitability 100 #1 of 8 – 57 #4 of 8
Financial Health 62 #11 of 27 23 #21 of 27 50 #14 of 27
Shareholder Returns – – –
Overall 77 – 53
  • STN ranked among 27 companies in Construction Services
  • AMRC ranked among 27 companies in Construction Services
  • NOA ranked among 27 companies in Construction Services

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodSTNAMRCNOASPY
1 month +2.9%-14.8%-3.5% -0.8%
3 months +0.5%-13.1%-14.5% +3.5%
6 months -21.9%-34.4%-17.2% +7.0%
Year to date -24.8%-37.5%-17.3% +12.2%
1 year -36.7%-56.9%-22.0% +13.0%
3 years +18.4%-32.8%-42.9% +86.3%
3 years, per year +5.8%-12.4%-17.0% +23.1%
5 years +29.8%-76.1%-26.7% +68.6%
5 years, per year +5.4%-24.9%-6.0% +11.0%
10 years +216.8%+259.2%+296.0% +258.0%
10 years, per year +12.2%+13.6%+14.8% +13.6%

Risk

MeasureSTNAMRCNOASPY
Volatility, 1Y 30.4%67.9%48.1% 12.7%
Downside volatility, 1Y 34.6%69.2%56.1% 12.7%
Beta vs S&P 500, 1Y 0.763.091.20 1.00
Return / volatility, 1Y -1.21-0.84-0.46 1.02
Max drawdown, 5Y -41.3%-91.1%-55.8% -25.4%
From 52-week high -37.6%-55.9%-29.6% -1.8%
52-week high $113.70$41.55$16.88 $779.14
52-week low $66.69$18.32$11.22 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleSTNAMRCNOA
P/E now vs peer median 12.4xmedian 36.1x —median 36.1x 14.5xmedian 36.1x
P/S now vs peer median 0.8xmedian 1.0x —median 1.0x 0.3xmedian 1.0x
EV/EBITDA now vs peer median 5.1xmedian 5.8x —median 5.8x 1.4xmedian 5.8x
P/FCF now vs peer median 15.3xmedian 18.5x —median 18.5x -1.6xmedian 18.5x
P/B now vs peer median 3.4xmedian 1.7x 0.9xmedian 1.7x 1.0xmedian 1.7x
PEG now vs peer median 0.60median 1.34 —median 1.34 -0.57median 1.34

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsSTNAMRCNOA
Revenue $10.51B – $1.06B
Gross profit $4.58B – $137.57M
Operating income $1.23B – $76.84M
Net income $536.90M – $23.49M
Free cash flow $528.58M – -$218.42M
EPS (diluted) $5.72 – $0.73
Cash & equivalents $265.54M $71.79M $118.01M
Total debt $2.38B $6.70B $97.41M
Shares (diluted) 114.07M 53.37M 32.27M
Enterprise value $7.03B $688.86M -$8.72M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricSTNAMRCNOA
P/E 12.4x – 14.5x
P/FCF 15.3x – -1.6x
P/Operating cash flow 17.3x – –
P/S 0.8x – 0.3x
P/B 3.4x 0.9x 1.0x
P/Tangible book 4.0x 0.9x 1.1x
EV/EBITDA 5.1x – 1.4x
EV/EBIT 6.5x – 4.2x
EV/Revenue 0.8x – 0.3x
EV/FCF 15.2x – -1.5x
EV/Operating cash flow 17.2x – –
PEG (3Y EPS CAGR) 0.60 – -0.57

Growth

14 metrics
MetricSTNAMRCNOA
Revenue growth (1Y) 9.4% – 7.5%
Revenue CAGR (3Y) 10.4% – 18.0%
Gross profit growth (1Y) 10.5% – -2.3%
Gross profit CAGR (3Y) 11.2% – 12.5%
Operating income growth (1Y) 20.5% – -22.0%
Operating income CAGR (3Y) 16.5% – 6.6%
Net income growth (1Y) 24.6% – -7.1%
Net income CAGR (3Y) 15.4% – -26.9%
EPS growth (1Y) 24.6% – -6.7%
EPS CAGR (3Y) 20.6% – -25.5%
Operating cash flow growth (1Y) -13.0% – –
Operating cash flow CAGR (3Y) 15.5% – –
Free cash flow growth (1Y) -10.2% – -9.6%
Free cash flow CAGR (3Y) 24.6% – -50.4%

Profitability

14 metrics
MetricSTNAMRCNOA
Gross margin 43.6% – 13.0%
EBITDA margin 14.9% – 22.4%
Operating margin 11.7% – 7.3%
Pretax margin 11.3% – 19.2%
Net margin 6.2% – 2.2%
FCF margin 5.0% – -20.6%
Operating cash flow margin 4.4% – –
Return on equity 36.3% – 16.7%
Return on assets 15.1% – 3.9%
Return on invested capital 37.8% – 15.3%
Return on capital employed 28.3% – –
Asset turnover 1.8x – 0.7x
Cash conversion (OCF / net income) 0.9x – –
Stock comp / revenue 0.3% – 0.4%

Financial Health

11 metrics
MetricSTNAMRCNOA
Debt / assets 3.9% 41.5% 6.2%
Debt / equity 0.1x 1.7x 0.3x
Net debt / EBITDA 0.0x – -0.1x
Debt / FCF 0.4x – -0.4x
Liabilities / assets 58.6% 75.3% 78.6%
Equity / assets 41.4% 24.7% 21.4%
Interest coverage 9.6x – –
Current ratio 1.5x 1.5x –
Quick ratio 1.0x 1.1x –
Cash ratio 0.2x 0.1x –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricSTNAMRCNOA
Dividend yield 1.3% – 4.0%
Net buyback yield – – 8.1%
Shareholder yield 1.3% – 12.1%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusSTNAMRCNOA
Forward P/E 15.4xFY2026 13.9xFY2026 10.2xFY2026
EPS, next fiscal year $4.60FY2026 $1.32FY2026 $1.17FY2026
EPS growth, next FY +19.2%FY2026 +46.7%FY2026 +41.0%FY2026
EPS growth, the year after +2.6% +24.2% +23.9%
Revenue, next fiscal year $4.73BFY2026 $2.04BFY2026 $1.14BFY2026
Revenue growth, next FY +0.0%FY2026 +5.9%FY2026 +21.4%FY2026
Revenue growth, the year after +7.6% +7.7% +10.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersSTNAMRCNOA
Held by institutions 62.0% 65.5% 57.1%
Institutions holding 293 184 72
Change in shares held, QoQ +2.8% +13.3% -3.6%
Institutions buying 162 103 45
Institutions selling 87 56 18
Buyers to sellers 1.86 1.84 2.50

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

STNAMRCNOA
STN 1.00 0.09 0.12
AMRC 0.09 1.00 0.20
NOA 0.12 0.20 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, STN, AMRC and NOA?

Stantec (STN) is the largest by market capitalisation: Stantec (STN) $8.10B, Ameresco (AMRC) $965.76M, North American Construction (NOA) $342.40M.

Which stock is cheaper, STN, AMRC and NOA?

Stantec (STN) trades on the lowest price-to-earnings ratio (Stantec (STN) 12.4x, North American Construction (NOA) 14.5x). On next year's consensus earnings, North American Construction (NOA) is cheapest (Stantec (STN) 15.4x, Ameresco (AMRC) 13.9x, North American Construction (NOA) 10.2x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Stantec (STN) grew revenue fastest over the trailing twelve months: Stantec (STN) +9.4%, North American Construction (NOA) +7.5%.

Which company is more profitable?

Stantec (STN) has the highest net margin (Stantec (STN) 6.2%, North American Construction (NOA) 2.2%). On return on invested capital, Stantec (STN) leads (Stantec (STN) 37.8%, North American Construction (NOA) 15.3%).

Which stock has performed better?

Over the past year North American Construction (NOA) returned the most: Stantec (STN) -36.7%, Ameresco (AMRC) -56.9%, North American Construction (NOA) -22.0%. Over five years, Stantec (STN) compounded fastest (Stantec (STN) +5.4%/yr, Ameresco (AMRC) -24.9%/yr, North American Construction (NOA) -6.0%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

North American Construction (NOA) has the highest dividend yield: Stantec (STN) 1.34%, North American Construction (NOA) 4.04%. Ameresco (AMRC) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Stantec (STN) has been the steadiest (Stantec (STN) 30.4%, Ameresco (AMRC) 67.9%, North American Construction (NOA) 48.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, STN, AMRC and NOA?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Stantec (STN) leads on 8. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.