North American Construction (NOA) EBT Margin (2009 - 2026)
North American Construction's (NOA) quarterly EBT Margin came in at 3.29% in Q2 2026, down 171.0% on a YoY basis from 4.63% in Q2 2025, and up 7.04% quarter-over-quarter from 3.07% in Q1 2026.
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North American Construction (NOA) EBT Margin (2009 - 2026) Analysis & Trends
North American Construction (NOA) has reported EBT Margin for 18 consecutive years, with 3.29% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBT Margin fell 171.0% year-over-year to 3.29%; the trailing twelve-month figure through Jun 2026 stood at 3.95% (up 25.0% YoY), and the FY2025 full-year result was 4.4%, down 75.0% from the prior year.
- EBT Margin improved to 3.29% in Q2 2026 per NOA's latest filing, from 3.07% in the prior quarter.
- Across five years, EBT Margin topped out at 13.17% in Q3 2022 and bottomed at 0.62% in Q4 2024.
- Historically, EBT Margin has averaged 6.44% across 5 years, with a median of 6.53% in 2023.
- The sharpest annual moves came in 2022 and 2024: EBT Margin jumped 411 bps in 2022, then tumbled 700 bps in 2024.
- Over 5 years, EBT Margin stood at 10.41% in 2022, then slumped by 39 bps to 6.39% in 2023, then sank by 90 bps to 0.62% in 2024, then soared by 243 bps to 2.13% in 2025, then surged by 54 bps to 3.29% in 2026.
- According to Business Quant data, EBT Margin over the past three periods registered 3.29%, 3.07%, and 2.13% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ferrovial | 39.87 Bn | 34.47 Bn | - | - |
| 2 | Emcor | 33.30 Bn | 32.37 Bn | 1.02 Bn | 10.70% |
| 3 | Jacobs Solutions | 16.54 Bn | 15.37 Bn | 810.70 Mn | 5.92% |
| 4 | Sterling Infrastructure | 14.87 Bn | 14.40 Bn | 289.96 Mn | 18.83% |
| 5 | Aecom | 8.09 Bn | 7.08 Bn | -34.04 Mn | -2.97% |
| 6 | Stantec | 7.99 Bn | 7.99 Bn | 1.36 Bn | 8.07% |
| 7 | Fluor | 7.45 Bn | 4.40 Bn | 179.00 Mn | 3.60% |
| 8 | Argan | 5.58 Bn | 5.03 Bn | 74.22 Mn | 17.42% |
| 9 | Installed Building Products | 5.37 Bn | 4.98 Bn | 258.90 Mn | 10.94% |
| 10 | North American Construction | 386.88 Mn | 265.66 Mn | 31.38 Mn | 3.29% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.29% |
| Mar 31, 2026 | 3.07% |
| Dec 31, 2025 | 2.13% |
| Sep 30, 2025 | 7.42% |
| Jun 30, 2025 | 5.00% |
| Mar 31, 2025 | 3.05% |
| Dec 31, 2024 | 0.62% |
| Sep 30, 2024 | 7.49% |
| Jun 30, 2024 | 7.18% |
| Mar 31, 2024 | 5.38% |
| Dec 31, 2023 | 6.39% |
| Sep 30, 2023 | 6.66% |
| Jun 30, 2023 | 7.18% |
| Mar 31, 2023 | 12.38% |
| Dec 31, 2022 | 10.41% |
| Sep 30, 2022 | 13.17% |
| Jun 30, 2022 | 5.40% |
| Mar 31, 2022 | 9.73% |
| Dec 31, 2021 | 9.83% |
| Sep 30, 2021 | 9.86% |