North American Construction (NOA) Debt Ratio (2009 - 2026)
North American Construction's (NOA) quarterly Debt Ratio came in at 0.23 in Q1 2026, down 49.56% YoY from 0.45 in Q1 2025, and down 54.27% on a QoQ basis from 0.5 in Q4 2025.
North American Construction (NOA) Debt Ratio (2009 - 2026) Analysis & Trends
North American Construction (NOA) has 18 years of Debt Ratio data on file, last reported at 0.23 in Q1 2026.
- Quarterly Debt Ratio fell 49.56% year-over-year to 0.23 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.23 (down 49.56% YoY) and the FY2025 annual result came in at 0.22, down 53.2% from the prior year.
- Debt Ratio retreated to 0.23 in Q1 2026, from 0.5 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.72 in Q3 2024 to a low of 0.23 in Q2 2022.
- A 5-year average of 0.47 and a median of 0.47 in 2024 frame the typical range for Debt Ratio.
- Annual changes were most pronounced in 2023 — Debt Ratio soared 170.53% — and 2026, when it tumbled 49.56%.
- Tracing NOA's Debt Ratio over 5 years: stood at 0.43 in 2022, then climbed by 4.32% to 0.45 in 2023, then climbed by 5.89% to 0.47 in 2024, then advanced by 5.49% to 0.5 in 2025, then tumbled by 54.27% to 0.23 in 2026.
- The last three Debt Ratio figures came in at 0.23 (Q1 2026), 0.5 (Q4 2025), and 0.48 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 0.20 |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 0.31 |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | 0.01 |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | 0.05 |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 0.28 |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 0.15 |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 0.29 |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | 0.50 |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 0.53 |
| 10 | North American Construction | 369.70 Mn | 248.48 Mn | 31.38 Mn | 0.52 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.23 |
| Dec 31, 2025 | 0.50 |
| Sep 30, 2025 | 0.48 |
| Jun 30, 2025 | 0.48 |
| Mar 31, 2025 | 0.45 |
| Dec 31, 2024 | 0.47 |
| Sep 30, 2024 | 0.72 |
| Jun 30, 2024 | 0.71 |
| Mar 31, 2024 | 0.68 |
| Dec 31, 2023 | 0.45 |
| Sep 30, 2023 | 0.44 |
| Jun 30, 2023 | 0.62 |
| Mar 31, 2023 | 0.42 |
| Dec 31, 2022 | 0.43 |
| Sep 30, 2022 | 0.28 |
| Jun 30, 2022 | 0.23 |
| Mar 31, 2022 | 0.48 |
| Dec 31, 2021 | 0.37 |
| Sep 30, 2021 | 0.41 |
| Jun 30, 2021 | 0.18 |