North American Construction (NOA) FCF Margin (2009 - 2026)
North American Construction (NOA) reported FCF Margin of 15.25% for Q1 2026, down 1206.0% on a YoY basis from 1.38% in Q1 2025, and up 37.54% quarter-over-quarter from 11.09% in Q4 2025.
North American Construction (NOA) FCF Margin (2009 - 2026) Analysis & Trends
North American Construction has reported FCF Margin for 18 years, with the latest figure at 15.25% in Q1 2026.
- For the quarter ending Q1 2026, FCF Margin fell 1206.0% year-over-year to 15.25%; the trailing twelve-month figure through Mar 2026 stood at 17.13% (up 3786.0% YoY), and the FY2025 full-year result was 42.45%, up 4781.0% from the prior year.
- FCF Margin for Q1 2026 stood at 15.25%, up from 11.09% in the prior quarter.
- The five-year high for FCF Margin was 47.34% in Q2 2023, with the low at 118.89% in Q4 2024.
- Historically, FCF Margin has averaged 16.01% across 5 years, with a median of 21.55% in 2024.
- Annual changes were most pronounced in 2024 — FCF Margin tumbled 13883 bps — and 2025, when it surged 12998 bps.
- North American Construction's FCF Margin stood at 8.81% in 2022, then jumped by 126 bps to 19.94% in 2023, then slumped by 696 bps to 118.89% in 2024, then soared by 109 bps to 11.09% in 2025, then surged by 38 bps to 15.25% in 2026.
- The last three FCF Margin figures came in at 15.25% (Q1 2026), 11.09% (Q4 2025), and 20.84% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 1.65% |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 2.49% |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 1.50% |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 11.11% |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | - |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | -4.43% |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 7.12% |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 19.36% |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 16.10% |
| 10 | North American Construction | 267.97 Mn | 196.17 Mn | 31.22 Mn | 15.25% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 15.25% |
| Dec 31, 2025 | 11.09% |
| 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 | 19.94% |
| Sep 30, 2023 | 45.50% |
| Jun 30, 2023 | 47.34% |
| Mar 31, 2023 | 14.94% |
| Dec 31, 2022 | 8.81% |
| Sep 30, 2022 | 37.72% |
| Jun 30, 2022 | 16.14% |
| Mar 31, 2022 | 31.63% |
| Dec 31, 2021 | 11.37% |
| Sep 30, 2021 | 17.21% |
| Jun 30, 2021 | 18.26% |