North American Construction (NOA) FCF Margin (2009 - 2026)

North American Construction (NOA) posted FCF Margin of 15.25% for Q1 2026, up 37.54% on a QoQ basis from 11.09% in Q4 2025, and down 1206.0% year-over-year from 1.38% in Q1 2025.

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

North American Construction's FCF Margin history runs 18 years deep, the most recent figure standing at 15.25% for 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 17.13% (up 3786.0% YoY) and the FY2025 annual result came in at 42.45%, up 4781.0% from the prior year.
  • FCF Margin was 15.25% for Q1 2026 at North American Construction, up from 11.09% in the prior quarter.
  • Across five years, FCF Margin topped out at 27.31% in Q1 2025 and bottomed at 118.89% in Q4 2024.
  • A 5-year average of 10.59% and a median of 19.68% in 2023 frame the typical range for FCF Margin.
  • Annual changes were most pronounced in 2024 — FCF Margin sank 13871 bps — and 2025, when it surged 12998 bps.
  • North American Construction's FCF Margin stood at 8.81% in 2022, then jumped by 125 bps to 19.82% in 2023, then plunged by 700 bps to 118.89% in 2024, then surged by 109 bps to 11.09% in 2025, then jumped by 38 bps to 15.25% in 2026.
  • Business Quant data shows NOA's FCF Margin at 15.25% in Q1 2026, 11.09% in Q4 2025, and 20.84% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn 5.62%
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn 23.61%
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn 11.11%
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn 1.50%
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn -4.43%
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn 12.04%
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn 19.36%
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn -11.05%
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn -13.65%
10 North American Construction 399.49 Mn 520.61 Mn 31.22 Mn 15.25%

Historic Data

Download Data
DateValue
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 19.82%
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 18.26%