North American Construction (NOA) Capital Leases (2009 - 2025)

North American Construction (NOA) has reported Capital Leases for 16 consecutive years, with $28.8 million the latest figure, recorded in Q4 2025.

• For the quarter ending Q4 2025, Capital Leases rose 8.55% year-over-year to $28.8 million; the trailing twelve-month figure through Dec 2025 stood at $28.8 million (up 8.55% YoY), and the FY2025 full-year result was $28.8 million, up 8.55% from the prior year.
• Capital Leases grew to $28.8 million in Q4 2025 per NOA's latest filing, from $26.5 million in the prior quarter.
• Across five years, Capital Leases topped out at $76.3 million in Q1 2021 and bottomed at $15.0 million in Q4 2022.
• Historically, Capital Leases has averaged $41.6 million across 4 years, with a median of $35.9 million in 2022.
• The sharpest annual moves came in 2021 and 2022: Capital Leases plunged 63.78% in 2021, then surged 52.03% in 2022.
• Over 4 years, Capital Leases stood at $23.6 million in 2021, then plunged by 36.45% to $15.0 million in 2022, then surged by 77.34% to $26.5 million in 2024, then gained by 8.55% to $28.8 million in 2025.
• According to Business Quant data, Capital Leases over the past three periods registered $28.8 million, $26.5 million, and $15.0 million for Q4 2025, Q4 2024, and Q4 2022 respectively.