North American Construction (NOA) EBT Margin (2009 - 2026)
North American Construction (NOA) recorded EBT Margin of 32.24% in the quarter ended Jun 30, 2026, down 2.38 percentage points from 34.62% a year earlier and down 10.49 percentage points from the prior quarter.
North American Construction (NOA) EBT Margin (2009 - 2026) Analysis & Trends
On a TTM basis, North American Construction's EBT Margin came in at 27.17% as of Jun 30, 2026, down 3.77 percentage points year-over-year; for the year ended Dec 31, 2025, it was 38.79%, down 9.38 percentage points from the prior year.
- Annual EBT Margin has a five-year change of -8.06 percentage points (years ended Dec 2020 to Dec 2025).
- Across earlier years, EBT Margin came in at 48.16% in the year ended Dec 31, 2024 (+6.63 pp), 41.53% in the year ended Dec 31, 2023 (+0.08 pp), 41.45% in the year ended Dec 31, 2022 (+1.50 pp) and 39.95% in the year ended Dec 31, 2021 (-6.90 pp).
- Quarterly EBT Margin has ranged from 5.38% in the quarter ended Mar 31, 2024 to 42.73% in the quarter ended Mar 31, 2026 over the past five years.
- On a year-over-year basis, EBT Margin rose in five of the last eight quarters, with an average year-over-year change of +7.22 percentage points.
- Peak year-over-year performance for EBT Margin in the last five years was a gain of 36.69 percentage points in the quarter ended Mar 31, 2025, against a drop of 34.30 percentage points in the quarter ended Sep 30, 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 42.73% (quarter ended Mar 31, 2026), 25.41% (quarter ended Dec 31, 2025) and 7.42% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 96.54 Bn | 94.73 Bn | 1.55 Bn | 6.46% |
| 2 | Ferrovial | 38.99 Bn | 19.58 Bn | - | - |
| 3 | Emcor | 33.36 Bn | 29.75 Bn | 1.02 Bn | 10.70% |
| 4 | Mastec | 17.15 Bn | 16.06 Bn | 556.28 Mn | 4.43% |
| 5 | Jacobs Solutions | 15.84 Bn | 10.49 Bn | 810.70 Mn | 5.92% |
| 6 | Sterling Infrastructure | 15.09 Bn | 13.45 Bn | 289.96 Mn | 18.83% |
| 7 | IES Holdings | 12.79 Bn | 11.66 Bn | 340.66 Mn | 16.48% |
| 8 | Dycom Industries | 8.06 Bn | 7.19 Bn | - | - |
| 9 | Stantec | 7.69 Bn | 7.69 Bn | - | 9.98% |
| 10 | North American Construction | 346.15 Mn | -9.05 Mn | 31.38 Mn | 32.24% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 32.24% |
| Mar 31, 2026 | 42.73% |
| Dec 31, 2025 | 25.41% |
| Sep 30, 2025 | 7.42% |
| Jun 30, 2025 | 34.62% |
| Mar 31, 2025 | 42.07% |
| Dec 31, 2024 | 35.63% |
| Sep 30, 2024 | 7.49% |
| Jun 30, 2024 | 7.18% |
| Mar 31, 2024 | 5.38% |
| Dec 31, 2023 | 30.81% |
| Sep 30, 2023 | 6.66% |
| Jun 30, 2023 | 35.67% |
| Mar 31, 2023 | 12.38% |
| Dec 31, 2022 | 10.41% |
| Sep 30, 2022 | 40.96% |
| Jun 30, 2022 | 31.60% |
| Mar 31, 2022 | 41.39% |
| Dec 31, 2021 | 31.10% |
| Sep 30, 2021 | 36.06% |
North American Construction EBT 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=ebt-margin&ticker=NOA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=NOA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();