North American Construction (NOA) Asset Utilization Ratio (2009 - 2026)
North American Construction's (NOA) quarterly Asset Utilization Ratio came in at 0.68 in Q1 2026, down 11.86% YoY from 0.78 in Q1 2025, and down 0.83% on a QoQ basis from 0.69 in Q4 2025.
North American Construction (NOA) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
North American Construction (NOA) has 18 years of Asset Utilization Ratio data on file, last reported at 0.68 in Q1 2026.
- Quarterly Asset Utilization Ratio fell 11.86% year-over-year to 0.68 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.68 (down 11.86% YoY) and the FY2025 annual result came in at 0.72, up 1.31% from the prior year.
- Asset Utilization Ratio declined to 0.68 in Q1 2026, from 0.69 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.99 in Q2 2023 to a low of 0.68 in Q1 2026.
- A 5-year average of 0.79 and a median of 0.76 in 2024 frame the typical range for Asset Utilization Ratio.
- Annual changes were most pronounced in 2023 — Asset Utilization Ratio jumped 34.74% — and 2024, when it retreated 25.1%.
- Tracing NOA's Asset Utilization Ratio over 5 years: stood at 0.91 in 2022, then fell by 23.18% to 0.7 in 2023, then gained by 8.83% to 0.76 in 2024, then dropped by 9.82% to 0.69 in 2025, then dropped by 0.83% to 0.68 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.68 (Q1 2026), 0.69 (Q4 2025), and 0.75 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 0.51 |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 0.54 |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | 145,330.70 |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | 1.02 |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 0.88 |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 0.77 |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 0.94 |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | 0.28 |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 0.34 |
| 10 | North American Construction | 369.70 Mn | 248.48 Mn | 31.38 Mn | 0.65 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.68 |
| Dec 31, 2025 | 0.69 |
| 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 | 0.72 |
| Dec 31, 2021 | 0.81 |
| Sep 30, 2021 | 0.68 |
| Jun 30, 2021 | 0.61 |