North American Construction (NOA) EBITDA Margin (2009 - 2026)
North American Construction's (NOA) quarterly EBITDA Margin came in at 42.73% in Q1 2026, up 3387.0% YoY from 1.23% in Q1 2025, and up 20.6% on a QoQ basis from 35.43% in Q4 2025.
North American Construction (NOA) EBITDA Margin (2009 - 2026) Analysis & Trends
North American Construction (NOA) has 18 years of EBITDA Margin data on file, last reported at 42.73% in 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 24.14% (up 326.0% YoY) and the FY2025 annual result came in at 38.79%, down 938.0% from the prior year.
- EBITDA Margin climbed to 42.73% in Q1 2026, from 35.43% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 42.73% in Q1 2026 to a low of 26.26% in Q1 2022.
- A 5-year average of 22.9% and a median of 30.81% in 2023 frame the typical range for EBITDA Margin.
- Annual changes were most pronounced in 2022 — EBITDA Margin soared 7029 bps — and 2024, when it sank 2129 bps.
- Tracing NOA's EBITDA Margin over 5 years: stood at 36.79% in 2022, then declined by 16 bps to 30.81% in 2023, then climbed by 16 bps to 35.63% in 2024, then retreated by 1 bps to 35.43% in 2025, then grew by 21 bps to 42.73% in 2026.
- The last three EBITDA Margin figures came in at 42.73% (Q1 2026), 35.43% (Q4 2025), and 11.62% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 48.02% |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 12.74% |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | 16.32% |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | -31.83% |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 13.62% |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 12.28% |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 9.68% |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | 50.40% |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 55.10% |
| 10 | North American Construction | 369.70 Mn | 248.48 Mn | 31.38 Mn | 32.24% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 42.73% |
| Dec 31, 2025 | 35.43% |
| 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 | 37.16% |