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| Date | Value |
|---|---|
| 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 |