North American Construction NOA
NYSE NOA
$13.52 -0.16 (-1.17%)
As of: Sep 10, 2026 · 3:59 PM EDT

North American Construction (NOA) EV to FCF (2009 - 2026)

North American Construction's (NOA) quarterly EV to FCF came in at 3.89 in Q2 2026, down 45.59% on a YoY basis from 7.16 in Q2 2025, and down 53.95% quarter-over-quarter from 8.46 in Q1 2026.

Analysis

North American Construction (NOA) EV to FCF (2009 - 2026) Analysis & Trends

North American Construction (NOA) has reported EV to FCF for 18 consecutive years, with 3.89 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, EV to FCF fell 45.59% year-over-year to 3.89; the trailing twelve-month figure through Jun 2026 stood at 1.42 (down 13.31% YoY), and the FY2025 full-year result was 0.87, down 35.83% from the prior year.
  • EV to FCF slipped to 3.89 in Q2 2026 per NOA's latest filing, from 8.46 in the prior quarter.
  • Across five years, EV to FCF topped out at 20.94 in Q1 2022 and bottomed at 3.89 in Q2 2026.
  • Historically, EV to FCF has averaged 9.4 across 5 years, with a median of 8.19 in 2023.
  • The sharpest annual moves came in 2022 and 2023: EV to FCF plunged 68.4% in 2022, then surged 100.76% in 2023.
  • Over 5 years, EV to FCF stood at 15.62 in 2022, then plunged by 49.32% to 7.92 in 2023, then declined by 4.16% to 7.59 in 2024, then surged by 32.87% to 10.08 in 2025, then slumped by 61.36% to 3.89 in 2026.
  • According to Business Quant data, EV to FCF over the past three periods registered 3.89, 8.46, and 10.08 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Ferrovial 39.87 Bn 34.47 Bn -
2 Emcor 33.30 Bn 32.37 Bn 1.02 Bn
3 Jacobs Solutions 16.54 Bn 15.37 Bn 810.70 Mn
4 Sterling Infrastructure 14.87 Bn 14.40 Bn 289.96 Mn
5 Aecom 8.09 Bn 7.08 Bn -34.04 Mn
6 Stantec 7.99 Bn 7.99 Bn 1.36 Bn
7 Fluor 7.45 Bn 4.40 Bn 179.00 Mn
8 Argan 5.58 Bn 5.03 Bn 74.22 Mn
9 Installed Building Products 5.37 Bn 4.98 Bn 258.90 Mn
10 North American Construction 386.88 Mn 265.66 Mn 31.38 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 3.89
Mar 31, 2026 8.46
Dec 31, 2025 10.08
Sep 30, 2025 6.65
Jun 30, 2025 7.16
Mar 31, 2025 5.90
Dec 31, 2024 7.59
Sep 30, 2024 10.23
Jun 30, 2024 8.84
Mar 31, 2024 11.33
Dec 31, 2023 7.92
Sep 30, 2023 9.78
Jun 30, 2023 7.50
Mar 31, 2023 16.79
Dec 31, 2022 15.62
Sep 30, 2022 4.87
Jun 30, 2022 5.68
Mar 31, 2022 20.94
Dec 31, 2021 21.39
Sep 30, 2021 8.10