North American Construction (NOA) Asset Utilization Ratio (2009 - 2026)
North American Construction's Asset Utilization Ratio came in at 0.71 for the quarter ended Jun 30, 2026, down 7.7% from 0.77 a year earlier and down 5.5% from the prior quarter.
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Analysis
North American Construction (NOA) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, North American Construction's Asset Utilization Ratio was 0.72, up 1.3% from the prior year.
- Going back by year, Asset Utilization Ratio was 0.71 in the year ended Dec 31, 2024 (-5.1%), 0.75 in the year ended Dec 31, 2023 (-8.2%), 0.82 in the year ended Dec 31, 2022 (+4.0%) and 0.79 in the year ended Dec 31, 2021 (+30.0%).
- The figure for the quarter ended Jun 30, 2026 represents the lowest quarterly Asset Utilization Ratio since the quarter ended Dec 31, 2023.
- Year-over-year, Asset Utilization Ratio has declined for four consecutive quarters, with growth averaging 0.4% over the last eight quarters.
- The fastest year-over-year change in Asset Utilization Ratio over five years came in the quarter ended Mar 31, 2022 (growth of 43.5%), and the weakest in the quarter ended Mar 31, 2024 (a decline of 25.1%).
- Business Quant data shows NOA's Asset Utilization Ratio at 0.75 (quarter ended Mar 31, 2026), 0.75 (quarter ended Dec 31, 2025) and 0.75 (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 96.54 Bn | 94.73 Bn | 1.55 Bn | 1.22 |
| 2 | Ferrovial | 38.99 Bn | 19.58 Bn | - | - |
| 3 | Emcor | 33.36 Bn | 29.75 Bn | 1.02 Bn | 1.89 |
| 4 | Mastec | 17.15 Bn | 16.06 Bn | 556.28 Mn | 1.51 |
| 5 | Jacobs Solutions | 15.84 Bn | 10.49 Bn | 810.70 Mn | 1.20 |
| 6 | Sterling Infrastructure | 15.09 Bn | 13.45 Bn | 289.96 Mn | 1.15 |
| 7 | IES Holdings | 12.79 Bn | 11.66 Bn | 340.66 Mn | 1.87 |
| 8 | Dycom Industries | 8.06 Bn | 7.19 Bn | - | - |
| 9 | Stantec | 7.69 Bn | 7.69 Bn | - | 1.43 |
| 10 | North American Construction | 346.15 Mn | -9.05 Mn | 31.38 Mn | 0.71 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.71 |
| 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 | 0.85 |
| Mar 31, 2022 | 0.86 |
| Dec 31, 2021 | 0.84 |
| Sep 30, 2021 | 0.71 |
API Access
North American Construction Asset Utilization Ratio 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=asset-utilization-ratio&ticker=NOA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "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=asset-utilization-ratio&ticker=NOA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();