North American Construction (NOA) Asset Utilization Ratio (2009 - 2026)

North American Construction (NOA) posted Asset Utilization Ratio of 0.75 for Q1 2026, down 0.79% on a QoQ basis from 0.75 in Q4 2025, and down 3.53% year-over-year from 0.78 in Q1 2025.

North American Construction (NOA) Asset Utilization Ratio (2009 - 2026) Analysis & Trends

North American Construction's Asset Utilization Ratio history runs 18 years deep, the most recent figure standing at 0.75 for Q1 2026.

  • Quarterly Asset Utilization Ratio fell 3.53% year-over-year to 0.75 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.75 (down 3.53% YoY) and the FY2025 annual result came in at 0.72, up 1.31% from the prior year.
  • Asset Utilization Ratio was 0.75 for Q1 2026 at North American Construction, down from 0.75 in the prior quarter.
  • Across five years, Asset Utilization Ratio topped out at 0.99 in Q2 2023 and bottomed at 0.7 in Q4 2023.
  • A 5-year average of 0.8 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 surged 32.44% — and 2024, when it declined 25.1%.
  • North American Construction's Asset Utilization Ratio stood at 0.91 in 2022, then retreated by 23.18% to 0.7 in 2023, then climbed by 8.83% to 0.76 in 2024, then fell by 1.34% to 0.75 in 2025, then decreased by 0.79% to 0.75 in 2026.
  • Business Quant data shows NOA's Asset Utilization Ratio at 0.75 in Q1 2026, 0.75 in Q4 2025, and 0.75 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn 0.35
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn 0.45
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn 1.01
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn 0.88
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn 0.77
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn 0.94
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn 0.35
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn 1.06
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn 0.30
10 North American Construction 399.49 Mn 520.61 Mn 31.22 Mn 0.75

Historic Data

Download Data
DateValue
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