North American Construction NOA
NYSE NOA
$13.52 -0.16 (-1.17%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

North American Construction's (NOA) quarterly Debt Ratio came in at 0.52 in Q2 2026, up 9.23% on a YoY basis from 0.48 in Q2 2025, and up 3.16% quarter-over-quarter from 0.51 in Q1 2026.

Analysis

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

North American Construction (NOA) has reported Debt Ratio for 18 consecutive years, with 0.52 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Debt Ratio rose 9.23% year-over-year to 0.52; the trailing twelve-month figure through Jun 2026 stood at 0.52 (up 9.23% YoY), and the FY2025 full-year result was 0.22, down 53.25% from the prior year.
  • Debt Ratio grew to 0.52 in Q2 2026 per NOA's latest filing, from 0.51 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.62 in Q2 2023 and bottomed at 0.31 in Q1 2022.
  • Historically, Debt Ratio has averaged 0.46 across 5 years, with a median of 0.47 in 2024.
  • The sharpest annual moves came in 2022 and 2023: Debt Ratio declined 26.48% in 2022, then surged 56.59% in 2023.
  • Over 5 years, 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 climbed by 4.27% to 0.52 in 2026.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.52, 0.51, and 0.5 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Ferrovial 39.87 Bn 34.47 Bn - 0.38
2 Emcor 33.30 Bn 32.37 Bn 1.02 Bn -
3 Jacobs Solutions 16.54 Bn 15.37 Bn 810.70 Mn 0.30
4 Sterling Infrastructure 14.87 Bn 14.40 Bn 289.96 Mn 0.09
5 Aecom 8.09 Bn 7.08 Bn -34.04 Mn 0.23
6 Stantec 7.99 Bn 7.99 Bn 1.36 Bn 0.04
7 Fluor 7.45 Bn 4.40 Bn 179.00 Mn 0.14
8 Argan 5.58 Bn 5.03 Bn 74.22 Mn -
9 Installed Building Products 5.37 Bn 4.98 Bn 258.90 Mn 0.49
10 North American Construction 386.88 Mn 265.66 Mn 31.38 Mn 0.52
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.52
Mar 31, 2026 0.51
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 0.47
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 0.44
Jun 30, 2022 0.40
Mar 31, 2022 0.31
Dec 31, 2021 0.37
Sep 30, 2021 0.41