North American Construction (NOA) EBITDA Margin (2009 - 2026)
North American Construction (NOA) reported EBITDA Margin of 5.91% for the quarter ended Jun 30, 2026, down 18.42 percentage points from 24.32% a year earlier and down 18.77 percentage points from the prior quarter.
North American Construction (NOA) EBITDA Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, North American Construction's EBITDA Margin came in at 18.46%, down 7.48 percentage points year-over-year; for the year ended Dec 31, 2025, it was 25.65%, down 3.63 percentage points from the prior year.
- EBITDA Margin has a five-year change of -5.97 percentage points (years ended Dec 2020 to Dec 2025).
- By year, EBITDA Margin came in at 29.27% in the year ended Dec 31, 2024 (+5.51 pp), 23.77% in the year ended Dec 31, 2023 (-6.03 pp), 29.80% in the year ended Dec 31, 2022 (+0.33 pp) and 29.47% in the year ended Dec 31, 2021 (-2.15 pp).
- The figure for the quarter ended Jun 30, 2026 ranks as the lowest quarterly EBITDA Margin since the quarter ended Jun 30, 2017.
- Year over year, EBITDA Margin has now declined in each of the last seven quarters, with an average year-over-year change of -3.20 percentage points over the last eight quarters.
- The high point for year-over-year EBITDA Margin in five years was the quarter ended Jun 30, 2024 (a gain of 10.95 percentage points); the low point was the quarter ended Jun 30, 2026 (a drop of 18.42 percentage points).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at 24.68% (quarter ended Mar 31, 2026), 19.10% (quarter ended Dec 31, 2025) and 27.11% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 96.54 Bn | 94.73 Bn | 1.55 Bn | 10.14% |
| 2 | Ferrovial | 38.99 Bn | 19.58 Bn | - | - |
| 3 | Emcor | 33.36 Bn | 29.75 Bn | 1.02 Bn | 11.67% |
| 4 | Mastec | 17.15 Bn | 16.06 Bn | 556.28 Mn | 8.00% |
| 5 | Jacobs Solutions | 15.84 Bn | 10.49 Bn | 810.70 Mn | 8.44% |
| 6 | Sterling Infrastructure | 15.09 Bn | 13.45 Bn | 289.96 Mn | 20.91% |
| 7 | IES Holdings | 12.79 Bn | 11.66 Bn | 340.66 Mn | 15.73% |
| 8 | Dycom Industries | 8.06 Bn | 7.19 Bn | - | - |
| 9 | Stantec | 7.69 Bn | 7.69 Bn | - | 14.14% |
| 10 | North American Construction | 346.15 Mn | -9.05 Mn | 31.38 Mn | 5.91% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.91% |
| Mar 31, 2026 | 24.68% |
| Dec 31, 2025 | 19.10% |
| Sep 30, 2025 | 27.11% |
| Jun 30, 2025 | 24.32% |
| Mar 31, 2025 | 26.96% |
| Dec 31, 2024 | 21.74% |
| Sep 30, 2024 | 32.68% |
| Jun 30, 2024 | 28.87% |
| Mar 31, 2024 | 28.00% |
| Dec 31, 2023 | 23.56% |
| Sep 30, 2023 | 21.96% |
| Jun 30, 2023 | 17.92% |
| Mar 31, 2023 | 25.53% |
| Dec 31, 2022 | 29.15% |
| Sep 30, 2022 | 23.13% |
| Jun 30, 2022 | 19.59% |
| Mar 31, 2022 | 26.38% |
| Dec 31, 2021 | 25.94% |
| Sep 30, 2021 | 21.76% |
North American Construction EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=NOA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "NOA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=NOA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();