North American Construction (NOA) Debt Ratio (2009 - 2026)

North American Construction (NOA) posted Debt Ratio of 0.48 for Q1 2026, down 4.33% on a QoQ basis from 0.5 in Q4 2025, and up 5.53% year-over-year from 0.45 in Q1 2025.

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

North American Construction's Debt Ratio history runs 17 years deep, the most recent figure standing at 0.48 for Q1 2026.

  • Quarterly Debt Ratio rose 5.53% year-over-year to 0.48 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.48 (up 5.53% YoY) and the FY2025 annual result came in at 0.5, down 15.56% from the prior year.
  • Debt Ratio was 0.48 for Q1 2026 at North American Construction, down from 0.5 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.66 in Q1 2024 and bottomed at 0.23 in Q2 2022.
  • A 5-year average of 0.46 and a median of 0.48 in 2022 frame the typical range for Debt Ratio.
  • Annual changes were most pronounced in 2022 — Debt Ratio slumped 31.82% — and 2023, when it soared 170.53%.
  • North American Construction's Debt Ratio stood at 0.43 in 2022, then increased by 4.32% to 0.45 in 2023, then increased by 5.89% to 0.47 in 2024, then grew by 5.49% to 0.5 in 2025, then retreated by 4.33% to 0.48 in 2026.
  • Business Quant data shows NOA's Debt Ratio at 0.48 in Q1 2026, 0.5 in Q4 2025, and 0.48 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn 0.18
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn 0.02
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn 0.05
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn 0.28
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn 0.15
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn 0.29
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn 0.54
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn 0.18
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn 0.62
10 North American Construction 399.49 Mn 520.61 Mn 31.22 Mn 0.48

Historic Data

Download Data
DateValue
Mar 31, 2026 0.48
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 0.48
Jun 30, 2024 0.48
Mar 31, 2024 0.66
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