North American Construction (NOA) Equity Ratio (2009 - 2026)

North American Construction (NOA) reported Equity Ratio of 0.35 for Q1 2026, up 38.01% quarter-over-quarter from 0.25 in Q4 2025.

North American Construction (NOA) Equity Ratio (2009 - 2026) Analysis & Trends

North American Construction has reported Equity Ratio for 18 years, with the latest figure at 0.35 in Q1 2026.

  • For the quarter ending Q1 2026, Equity Ratio changed N/A year-over-year to 0.35; the trailing twelve-month figure through Mar 2026 stood at 0.35 (changed N/A YoY), and the FY2025 full-year result was 0.25, up 9.29% from the prior year.
  • Equity Ratio for Q1 2026 stood at 0.35, up from 0.25 in the prior quarter.
  • The five-year high for Equity Ratio was 0.47 in Q2 2023, with the low at 0.23 in Q4 2024.
  • Historically, Equity Ratio has averaged 0.33 across 5 years, with a median of 0.31 in 2022.
  • Annual changes were most pronounced in 2022 — Equity Ratio surged 31.28% — and 2023, when it decreased 26.11%.
  • North American Construction's Equity Ratio stood at 0.31 in 2022, then retreated by 26.11% to 0.23 in 2023, then retreated by 0.51% to 0.23 in 2024, then grew by 9.29% to 0.25 in 2025, then surged by 38.01% to 0.35 in 2026.
  • The last three Equity Ratio figures came in at 0.35 (Q1 2026), 0.25 (Q4 2025), and 0.23 (Q4 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn 0.48
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn 0.38
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn 0.43
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 0.33
5 Enerflex 8.62 Bn 8.57 Bn - 0.41
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn 0.56
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn 0.35
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn 0.35
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn 0.26
10 North American Construction 267.97 Mn 196.17 Mn 31.22 Mn 0.35

Historic Data

Download Data
DateValue
Mar 31, 2026 0.35
Dec 31, 2025 0.25
Dec 31, 2024 0.23
Mar 31, 2024 0.31
Dec 31, 2023 0.23
Sep 30, 2023 0.30
Jun 30, 2023 0.47
Dec 31, 2022 0.31
Sep 30, 2022 0.40
Jun 30, 2022 0.41
Mar 31, 2022 0.33
Dec 31, 2021 0.32
Jun 30, 2021 0.31
Mar 31, 2021 0.38
Dec 31, 2020 0.30
Sep 30, 2020 0.38
Jun 30, 2020 0.40
Mar 31, 2020 224.39
Dec 31, 2019 0.23
Sep 30, 2019 0.22