North American Construction (NOA) Free Cash Flow (2009 - 2026)
North American Construction's (NOA) quarterly Free Cash Flow came in at $35.5 million in Q1 2026, down 45.28% YoY from $64.9 million in Q1 2025, and up 4.77% on a QoQ basis from $33.9 million in Q4 2025.
North American Construction (NOA) Free Cash Flow (2009 - 2026) Analysis & Trends
North American Construction (NOA) has 18 years of Free Cash Flow data on file, last reported at $35.5 million in Q1 2026.
- Quarterly Free Cash Flow fell 45.28% year-over-year to $35.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $171.3 million (up 186.48% YoY) and the FY2025 annual result came in at $390.2 million, up 954.26% from the prior year.
- Free Cash Flow rose to $35.5 million in Q1 2026, from $33.9 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $65.1 million in Q4 2023 to a low of -$363.3 million in Q4 2024.
- A 5-year average of $15.2 million and a median of $33.9 million in 2025 frame the typical range for Free Cash Flow.
- Annual changes were most pronounced in 2023 — Free Cash Flow soared 216.53% — and 2024, when it slumped 658.26%.
- Tracing NOA's Free Cash Flow over 5 years: 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 80.33 Bn | 76.25 Bn | 4.63 Bn | 900.00 Mn |
| 2 | Baker Hughes | 61.93 Bn | 46.20 Bn | 1.58 Bn | 1.05 Bn |
| 3 | Tenaris | 53.10 Bn | 44.08 Bn | 984.66 | 638.98 Mn |
| 4 | TechnipFMC | 30.78 Bn | 29.54 Bn | 1.40 Bn | 487.90 Mn |
| 5 | Halliburton | 29.58 Bn | 27.53 Bn | 2.10 Bn | 589.00 Mn |
| 6 | Nov | 7.35 Bn | 6.19 Bn | 521.00 Mn | -64.00 Mn |
| 7 | Weatherford International | 6.52 Bn | 5.39 Bn | 662.00 Mn | 133.00 Mn |
| 8 | Kodiak Gas Services | 5.83 Bn | 5.69 Bn | 246.76 Mn | -100.74 Mn |
| 9 | Archrock | 5.52 Bn | 5.52 Bn | 244.51 Mn | 62.82 Mn |
| 10 | North American Construction | 382.00 Mn | 260.78 Mn | 31.38 Mn | 67.30 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 |