North American Construction (NOA) Capital Expenditures (2009 - 2026)
North American Construction's (NOA) quarterly Capital Expenditures came in at -$67.3 million in Q2 2026, down 24.91% on a YoY basis from -$89.6 million in Q2 2025, and down 89.62% quarter-over-quarter from -$35.5 million in Q1 2026.
Analysis
North American Construction (NOA) Capital Expenditures (2009 - 2026) Analysis & Trends
North American Construction (NOA) has reported Capital Expenditures for 18 consecutive years, with -$67.3 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Capital Expenditures fell 24.91% year-over-year to -$67.3 million; the trailing twelve-month figure through Jun 2026 stood at -$184.7 million (up 21.61% YoY), and the FY2025 full-year result was -$201.6 million, up 9.15% from the prior year.
- Capital Expenditures eased to -$67.3 million in Q2 2026 per NOA's latest filing, from -$35.5 million in the prior quarter.
- Across five years, Capital Expenditures topped out at -$19.9 million in Q1 2022 and bottomed at -$71.6 million in Q4 2024.
- Historically, Capital Expenditures has averaged -$42.3 million across 5 years, with a median of -$40.4 million in 2024.
- The sharpest annual moves came in 2023 and 2025: Capital Expenditures slumped 216.53% in 2023, then jumped 52.67% in 2025.
- Over 5 years, Capital Expenditures stood at -$20.6 million in 2022, then plunged by 216.53% to -$65.1 million in 2023, then slipped by 9.98% to -$71.6 million in 2024, then surged by 52.67% to -$33.9 million in 2025, then slumped by 98.67% to -$67.3 million in 2026.
- According to Business Quant data, Capital Expenditures over the past three periods registered -$67.3 million, -$35.5 million, and -$33.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Ferrovial | 39.87 Bn | 34.47 Bn | - | - |
| 2 | Emcor | 33.30 Bn | 32.37 Bn | 1.02 Bn | 31.15 Mn |
| 3 | Jacobs Solutions | 16.54 Bn | 15.37 Bn | 810.70 Mn | 25.13 Mn |
| 4 | Sterling Infrastructure | 14.87 Bn | 14.40 Bn | 289.96 Mn | 50.02 Mn |
| 5 | Aecom | 8.09 Bn | 7.08 Bn | -34.04 Mn | 40.35 Mn |
| 6 | Stantec | 7.99 Bn | 7.99 Bn | 1.36 Bn | -30.00 Mn |
| 7 | Fluor | 7.45 Bn | 4.40 Bn | 179.00 Mn | 7.00 Mn |
| 8 | Argan | 5.58 Bn | 5.03 Bn | 74.22 Mn | 5.26 Mn |
| 9 | Installed Building Products | 5.37 Bn | 4.98 Bn | 258.90 Mn | 16.90 Mn |
| 10 | North American Construction | 386.88 Mn | 265.66 Mn | 31.38 Mn | -67.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -67.30 Mn |
| Mar 31, 2026 | -35.49 Mn |
| Dec 31, 2025 | -33.88 Mn |
| Sep 30, 2025 | -48.04 Mn |
| Jun 30, 2025 | -53.88 Mn |
| Mar 31, 2025 | -64.86 Mn |
| Dec 31, 2024 | -71.57 Mn |
| Sep 30, 2024 | -45.31 Mn |
| Jun 30, 2024 | -55.06 Mn |
| Mar 31, 2024 | -49.46 Mn |
| Dec 31, 2023 | -65.08 Mn |
| Sep 30, 2023 | -29.31 Mn |
| Jun 30, 2023 | -28.60 Mn |
| Mar 31, 2023 | -27.00 Mn |
| Dec 31, 2022 | -20.56 Mn |
| Sep 30, 2022 | -23.93 Mn |
| Jun 30, 2022 | -21.27 Mn |
| Mar 31, 2022 | -19.95 Mn |
| Dec 31, 2021 | -20.58 Mn |
| Sep 30, 2021 | -22.69 Mn |