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
DateValue
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%