North American Construction (NOA) Asset Utilization Ratio (2009 - 2026)
North American Construction (NOA) reported Asset Utilization Ratio of 0.75 for Q1 2026, down 3.53% on a YoY basis from 0.78 in Q1 2025, and down 0.79% quarter-over-quarter from 0.75 in Q4 2025.
North American Construction (NOA) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
North American Construction has reported Asset Utilization Ratio for 18 years, with the latest figure at 0.75 in Q1 2026.
- For the quarter ending Q1 2026, Asset Utilization Ratio fell 3.53% year-over-year to 0.75; the trailing twelve-month figure through Mar 2026 stood at 0.75 (down 3.53% YoY), and the FY2025 full-year result was 0.73, up 2.86% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 0.75, down from 0.75 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.99 in Q2 2023, with the low at 0.7 in Q4 2023.
- Historically, Asset Utilization Ratio has averaged 0.8 across 5 years, with a median of 0.76 in 2024.
- Annual changes were most pronounced in 2023 — Asset Utilization Ratio surged 32.44% — and 2024, when it dropped 25.28%.
- North American Construction's Asset Utilization Ratio stood at 0.91 in 2022, then dropped by 23.37% to 0.7 in 2023, then advanced by 9.1% to 0.76 in 2024, then dropped by 1.34% to 0.75 in 2025, then fell by 0.79% to 0.75 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.75 (Q1 2026), 0.75 (Q4 2025), and 0.75 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 0.51 |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 0.61 |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 0.88 |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 1.01 |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | 0.22 |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 0.77 |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 0.95 |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 0.35 |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 0.30 |
| 10 | North American Construction | 267.97 Mn | 196.17 Mn | 31.22 Mn | 0.75 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.75 |
| Dec 31, 2025 | 0.75 |
| Sep 30, 2025 | 0.75 |
| Jun 30, 2025 | 0.77 |
| Mar 31, 2025 | 0.78 |
| Dec 31, 2024 | 0.76 |
| Sep 30, 2024 | 0.79 |
| Jun 30, 2024 | 0.76 |
| Mar 31, 2024 | 0.73 |
| Dec 31, 2023 | 0.70 |
| Sep 30, 2023 | 0.76 |
| Jun 30, 2023 | 0.99 |
| Mar 31, 2023 | 0.97 |
| Dec 31, 2022 | 0.91 |
| Sep 30, 2022 | 0.86 |
| Jun 30, 2022 | 0.75 |
| Mar 31, 2022 | 0.75 |
| Dec 31, 2021 | 0.84 |
| Sep 30, 2021 | 0.71 |
| Jun 30, 2021 | 0.65 |