North American Construction (NOA) FCF Margin (2009 - 2026)
North American Construction's (NOA) quarterly FCF Margin came in at 15.25% in Q1 2026, down 1206.0% YoY from 1.38% in Q1 2025, and down 1.37% on a QoQ basis from 15.46% in Q4 2025.
North American Construction (NOA) FCF Margin (2009 - 2026) Analysis & Trends
North American Construction (NOA) has 18 years of FCF Margin data on file, last reported at 15.25% in Q1 2026.
- Quarterly FCF Margin fell 1206.0% year-over-year to 15.25% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 18.75% (up 3948.0% YoY) and the FY2025 annual result came in at 42.45%, up 4781.0% from the prior year.
- FCF Margin slipped to 15.25% in Q1 2026, from 15.46% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 27.31% in Q1 2025 to a low of 118.89% in Q4 2024.
- A 5-year average of 10.85% and a median of 19.68% in 2023 frame the typical range for FCF Margin.
- Annual changes were most pronounced in 2024 — FCF Margin slumped 13871 bps — and 2025, when it soared 13435 bps.
- Tracing NOA's FCF Margin over 5 years: stood at 8.81% in 2022, then surged by 125 bps to 19.82% in 2023, then slumped by 700 bps to 118.89% in 2024, then jumped by 113 bps to 15.46% in 2025, then decreased by 1 bps to 15.25% in 2026.
- The last three FCF Margin figures came in at 15.25% (Q1 2026), 15.46% (Q4 2025), and 20.84% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 10.03% |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 15.50% |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | 0.00% |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | 17.66% |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 10.31% |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | -3.00% |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 12.04% |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | -25.76% |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 16.92% |
| 10 | North American Construction | 369.70 Mn | 248.48 Mn | 31.38 Mn | 23.22% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 15.25% |
| Dec 31, 2025 | 15.46% |
| Sep 30, 2025 | 20.84% |
| Jun 30, 2025 | 23.29% |
| Mar 31, 2025 | 27.31% |
| Dec 31, 2024 | -118.89% |
| Sep 30, 2024 | 21.55% |
| Jun 30, 2024 | 27.25% |
| Mar 31, 2024 | 22.44% |
| Dec 31, 2023 | 19.82% |
| Sep 30, 2023 | 19.96% |
| Jun 30, 2023 | 19.68% |
| Mar 31, 2023 | 14.94% |
| Dec 31, 2022 | 8.81% |
| Sep 30, 2022 | 16.31% |
| Jun 30, 2022 | 16.14% |
| Mar 31, 2022 | 14.30% |
| Dec 31, 2021 | 11.37% |
| Sep 30, 2021 | 17.21% |
| Jun 30, 2021 | 22.31% |