North American Construction (NOA) EBITDA Margin (2009 - 2026)
North American Construction (NOA) posted EBITDA Margin of 42.73% for Q1 2026, up 68.18% on a QoQ basis from 25.41% in Q4 2025, and up 3387.0% year-over-year from 1.23% in Q1 2025.
North American Construction (NOA) EBITDA Margin (2009 - 2026) Analysis & Trends
North American Construction's EBITDA Margin history runs 18 years deep, the most recent figure standing at 42.73% for Q1 2026.
- Quarterly EBITDA Margin rose 3387.0% year-over-year to 42.73% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 22.06% (up 117.0% YoY) and the FY2025 annual result came in at 38.79%, down 938.0% from the prior year.
- EBITDA Margin was 42.73% for Q1 2026 at North American Construction, up from 25.41% in the prior quarter.
- Across five years, EBITDA Margin topped out at 42.73% in Q1 2026 and bottomed at 26.26% in Q1 2022.
- A 5-year average of 22.31% and a median of 25.41% in 2025 frame the typical range for EBITDA Margin.
- Annual changes were most pronounced in 2022 — EBITDA Margin soared 7029 bps — and 2024, when it plunged 2129 bps.
- North American Construction's EBITDA Margin stood at 36.79% in 2022, then retreated by 16 bps to 30.81% in 2023, then increased by 16 bps to 35.63% in 2024, then dropped by 29 bps to 25.41% in 2025, then soared by 68 bps to 42.73% in 2026.
- Business Quant data shows NOA's EBITDA Margin at 42.73% in Q1 2026, 25.41% in Q4 2025, and 11.62% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | 58.70% |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | 48.92% |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 14.51% |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 12.57% |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 5.80% |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 9.68% |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 54.06% |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 8.35% |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 30.89% |
| 10 | North American Construction | 399.49 Mn | 520.61 Mn | 31.22 Mn | 42.73% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 42.73% |
| Dec 31, 2025 | 25.41% |
| Sep 30, 2025 | 11.62% |
| Jun 30, 2025 | 7.23% |
| Mar 31, 2025 | 8.86% |
| Dec 31, 2024 | 35.63% |
| Sep 30, 2024 | 19.27% |
| Jun 30, 2024 | 14.38% |
| Mar 31, 2024 | 13.15% |
| Dec 31, 2023 | 30.81% |
| Sep 30, 2023 | 40.43% |
| Jun 30, 2023 | 35.67% |
| Mar 31, 2023 | 11.02% |
| Dec 31, 2022 | 36.79% |
| Sep 30, 2022 | 40.96% |
| Jun 30, 2022 | 31.60% |
| Mar 31, 2022 | -26.26% |
| Dec 31, 2021 | 31.10% |
| Sep 30, 2021 | -29.32% |
| Jun 30, 2021 | 30.41% |