North American Construction (NOA) Interest Coverage Ratio (2009 - 2025)
North American Construction's (NOA) quarterly Interest Coverage Ratio came in at 0.25 in Q4 2025, down 90.1% on a QoQ basis from 2.49 in Q4 2023.
North American Construction (NOA) Interest Coverage Ratio (2009 - 2025) Analysis & Trends
North American Construction (NOA) has 16 years of Interest Coverage Ratio data on file, last reported at 0.25 in Q4 2025.
- Quarterly Interest Coverage Ratio changed N/A year-over-year to 0.25 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 0.58 (changed N/A YoY) and the FY2025 annual result came in at 1.8, down 24.3% from the prior year.
- Interest Coverage Ratio declined to 0.25 in Q4 2025, from 2.49 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 2.49 in Q4 2023 to a low of 19.06 in Q4 2021.
- A 4-year average of 4.22 and a median of 0.15 in 2022 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2021 — Interest Coverage Ratio sank 265.38% — and 2023, when it surged 549.0%.
- Tracing NOA's Interest Coverage Ratio over 4 years: stood at 19.06 in 2021, then soared by 97.09% to 0.55 in 2022, then surged by 549.0% to 2.49 in 2023, then sank by 90.1% to 0.25 in 2025.
- The last three Interest Coverage Ratio figures came in at 0.25 (Q4 2025), 2.49 (Q4 2023), and 0.55 (Q4 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 33.66 |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | - |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | -40.66 |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | -82.21 |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | - |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 12.48 |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | - |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | - |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 5.53 |
| 10 | North American Construction | 369.70 Mn | 248.48 Mn | 31.38 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.25 |
| Dec 31, 2023 | 2.49 |
| Dec 31, 2022 | -0.55 |
| Dec 31, 2021 | -19.06 |
| Dec 31, 2020 | 11.52 |
| Dec 31, 2019 | 6.26 |
| Jun 30, 2019 | 2.88 |
| Dec 31, 2018 | 2.96 |
| Jun 30, 2018 | 0.81 |
| Mar 31, 2018 | 7.42 |
| Dec 31, 2017 | 0.41 |
| Sep 30, 2017 | 0.74 |
| Jun 30, 2017 | -3.75 |
| Mar 31, 2017 | 7.99 |
| Dec 31, 2016 | -1.04 |
| Sep 30, 2016 | -16.81 |
| Jun 30, 2016 | -8.93 |
| Dec 31, 2015 | 0.34 |
| Sep 30, 2015 | 0.23 |
| Jun 30, 2015 | -0.33 |