North American Construction (NOA) Accumulated Expenses (2009 - 2026)
North American Construction (NOA) reported Accumulated Expenses of $68.57 million for the quarter ended Jun 30, 2026, up 55.8% from $44 million a year earlier.
North American Construction (NOA) Accumulated Expenses (2009 - 2026) Analysis & Trends
As of Dec 31, 2025, North American Construction posted Accumulated Expenses of -$89.31 million.
- By year, Accumulated Expenses came in at -$78.01 million in the year ended Dec 31, 2024, $53.53 million in the year ended Dec 31, 2023, -$43.78 million in the year ended Dec 31, 2022 and -$33.39 million in the year ended Dec 31, 2021.
- The figure for the quarter ended Jun 30, 2026 ranks as the highest quarterly Accumulated Expenses in data going back to the quarter ended Jun 30, 2012.
- Year over year, Accumulated Expenses gained in five of the last six quarters, with growth averaging 22.1%.
- The high point for year-over-year Accumulated Expenses in five years was the quarter ended Mar 31, 2024 (growth of 99.3%); the low point was the quarter ended Mar 31, 2025 (a decline of 9.2%).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at -$92.86 million (quarter ended Mar 31, 2026), $64.04 million (quarter ended Dec 31, 2025) and $56.27 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Quanta Services | 82.94 Bn | 81.02 Bn | 1.55 Bn |
| 2 | Ferrovial | 35.63 Bn | 13.87 Bn | - |
| 3 | Emcor | 28.92 Bn | 25.31 Bn | 1.02 Bn |
| 4 | Jacobs Solutions | 17.19 Bn | 11.85 Bn | 810.70 Mn |
| 5 | Mastec | 13.34 Bn | 12.13 Bn | 556.28 Mn |
| 6 | Sterling Infrastructure | 11.01 Bn | 9.34 Bn | 289.96 Mn |
| 7 | IES Holdings | 8.68 Bn | 7.54 Bn | 340.66 Mn |
| 8 | Stantec | 8.09 Bn | 7.01 Bn | 1.36 Bn |
| 9 | Aecom | 7.75 Bn | 2.87 Bn | -34.04 Mn |
| 10 | North American Construction | 329.27 Mn | -21.85 Mn | 31.38 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 66.75 Mn |
| Mar 31, 2026 | -92.86 Mn |
| Dec 31, 2025 | 65.21 Mn |
| Sep 30, 2025 | 55.64 Mn |
| Jun 30, 2025 | 44.56 Mn |
| Mar 31, 2025 | 41.55 Mn |
| Dec 31, 2024 | 54.36 Mn |
| Sep 30, 2024 | 35.33 Mn |
| Jun 30, 2024 | 41.68 Mn |
| Mar 31, 2024 | 45.44 Mn |
| Dec 31, 2023 | 54.59 Mn |
| Sep 30, 2023 | -41.02 Mn |
| Jun 30, 2023 | 17.54 Mn |
| Mar 31, 2023 | 22.89 Mn |
| Dec 31, 2022 | 32.31 Mn |
| Sep 30, 2022 | -23.44 Mn |
| Jun 30, 2022 | -19.50 Mn |
| Mar 31, 2022 | 19.08 Mn |
| Dec 31, 2021 | 26.20 Mn |
| Sep 30, 2021 | 18.69 Mn |
North American Construction Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=NOA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "NOA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=NOA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();