North American Construction (NOA) Dividend Coverage Ratio (2014 - 2026)
North American Construction's (NOA) quarterly Dividend Coverage Ratio came in at 1.98 in Q2 2026, up 36.35% on a YoY basis from 1.45 in Q2 2025, and up 12.68% quarter-over-quarter from 2.26 in Q1 2026.
Analysis
North American Construction (NOA) Dividend Coverage Ratio (2014 - 2026) Analysis & Trends
North American Construction (NOA) has reported Dividend Coverage Ratio for 13 consecutive years, with 1.98 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Dividend Coverage Ratio rose 36.35% year-over-year to 1.98; the trailing twelve-month figure through Jun 2026 stood at 2.62 (up 27.33% YoY), and the FY2025 full-year result was 3.62, up 39.03% from the prior year.
- Dividend Coverage Ratio climbed to 1.98 in Q2 2026 per NOA's latest filing, from 2.26 in the prior quarter.
- Across five years, Dividend Coverage Ratio topped out at 0.71 in Q4 2025 and bottomed at 14.97 in Q1 2022.
- Historically, Dividend Coverage Ratio has averaged 5.76 across 5 years, with a median of 4.63 in 2024.
- The sharpest annual moves came in 2024 and 2025: Dividend Coverage Ratio slumped 78.11% in 2024, then surged 149.5% in 2025.
- Over 5 years, Dividend Coverage Ratio stood at 11.11 in 2022, then soared by 46.84% to 5.91 in 2023, then jumped by 75.76% to 1.43 in 2024, then soared by 149.5% to 0.71 in 2025, then slumped by 378.92% to 1.98 in 2026.
- According to Business Quant data, Dividend Coverage Ratio over the past three periods registered 1.98, 2.26, and 0.71 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Ferrovial | 39.87 Bn | 34.47 Bn | - | - |
| 2 | Emcor | 33.30 Bn | 32.37 Bn | 1.02 Bn | 22.71 |
| 3 | Jacobs Solutions | 16.54 Bn | 15.37 Bn | 810.70 Mn | 3.20 |
| 4 | Sterling Infrastructure | 14.87 Bn | 14.40 Bn | 289.96 Mn | - |
| 5 | Aecom | 8.09 Bn | 7.08 Bn | -34.04 Mn | -2.09 |
| 6 | Stantec | 7.99 Bn | 7.99 Bn | 1.36 Bn | 4.87 |
| 7 | Fluor | 7.45 Bn | 4.40 Bn | 179.00 Mn | 4.85 |
| 8 | Argan | 5.58 Bn | 5.03 Bn | 74.22 Mn | 7.60 |
| 9 | Installed Building Products | 5.37 Bn | 4.98 Bn | 258.90 Mn | 6.24 |
| 10 | North American Construction | 386.88 Mn | 265.66 Mn | 31.38 Mn | 1.98 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.98 |
| Mar 31, 2026 | -2.26 |
| Dec 31, 2025 | 0.71 |
| Sep 30, 2025 | -6.80 |
| Jun 30, 2025 | -3.11 |
| Mar 31, 2025 | -2.86 |
| Dec 31, 2024 | -1.43 |
| Sep 30, 2024 | -7.28 |
| Jun 30, 2024 | -7.90 |
| Mar 31, 2024 | -4.37 |
| Dec 31, 2023 | -5.91 |
| Sep 30, 2023 | -4.09 |
| Jun 30, 2023 | -4.89 |
| Mar 31, 2023 | -13.88 |
| Dec 31, 2022 | -11.11 |
| Sep 30, 2022 | -8.38 |
| Jun 30, 2022 | -3.11 |
| Mar 31, 2022 | -14.97 |
| Dec 31, 2021 | -12.86 |
| Sep 30, 2021 | -11.92 |