North American Construction (NOA) Free Cash Flow (2009 - 2026)

North American Construction (NOA) reported Free Cash Flow of $35.5 million for Q1 2026, down 45.28% on a YoY basis from $64.9 million in Q1 2025, and up 4.77% quarter-over-quarter from $33.9 million in Q4 2025.

North American Construction (NOA) Free Cash Flow (2009 - 2026) Analysis & Trends

North American Construction has reported Free Cash Flow for 18 years, with the latest figure at $35.5 million in Q1 2026.

  • For the quarter ending Q1 2026, Free Cash Flow fell 45.28% year-over-year to $35.5 million; the trailing twelve-month figure through Mar 2026 stood at $171.3 million (up 186.48% YoY), and the FY2025 full-year result was $390.2 million, up 971.62% from the prior year.
  • Free Cash Flow for Q1 2026 stood at $35.5 million, up from $33.9 million in the prior quarter.
  • The five-year high for Free Cash Flow was $68.8 million in Q2 2023, with the low at -$363.3 million in Q4 2024.
  • Historically, Free Cash Flow has averaged $23.0 million across 5 years, with a median of $48.0 million in 2025.
  • Annual changes were most pronounced in 2023 — Free Cash Flow jumped 223.36% — and 2024, when it slumped 658.26%.
  • North American Construction's Free Cash Flow stood at $20.6 million in 2022, then soared by 216.53% to $65.1 million in 2023, then tumbled by 658.26% to -$363.3 million in 2024, then surged by 109.32% to $33.9 million in 2025, then rose by 4.77% to $35.5 million in 2026.
  • The last three Free Cash Flow figures came in at $35.5 million (Q1 2026), $33.9 million (Q4 2025), and $48.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn 144.00 Mn
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn 164.00 Mn
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn 81.00 Mn
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 276.90 Mn
5 Enerflex 8.62 Bn 8.57 Bn - -
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn -91.00 Mn
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn 82.00 Mn
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn 72.37 Mn
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn 55.68 Mn
10 North American Construction 267.97 Mn 196.17 Mn 31.22 Mn 35.49 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 35.49 Mn
Mar 31, 2026 35.49 Mn
Dec 31, 2025 33.88 Mn
Dec 31, 2025 33.88 Mn
Sep 30, 2025 48.04 Mn
Sep 30, 2025 48.04 Mn
Jun 30, 2025 53.88 Mn
Jun 30, 2025 53.88 Mn
Mar 31, 2025 64.86 Mn
Mar 31, 2025 64.86 Mn
Dec 31, 2024 -363.31 Mn
Dec 31, 2024 -363.31 Mn
Sep 30, 2024 45.31 Mn
Sep 30, 2024 45.31 Mn
Jun 30, 2024 55.06 Mn
Jun 30, 2024 55.06 Mn
Mar 31, 2024 49.46 Mn
Mar 31, 2024 49.46 Mn
Dec 31, 2023 65.08 Mn
Dec 31, 2023 65.08 Mn