North American Construction (NOA) Inventory Average (2009 - 2026)
North American Construction's (NOA) quarterly Inventory Average came in at $54.3 million in Q1 2026, up 7.4% YoY from $50.6 million in Q1 2025, and little changed on a QoQ basis from $54.1 million in Q4 2025.
North American Construction (NOA) Inventory Average (2009 - 2026) Analysis & Trends
North American Construction (NOA) has 18 years of Inventory Average data on file, last reported at $54.3 million in Q1 2026.
- Quarterly Inventory Average rose 7.4% year-over-year to $54.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $54.3 million (up 7.4% YoY) and the FY2025 annual result came in at $52.3 million, up 6.09% from the prior year.
- Inventory Average held at $54.3 million in Q1 2026, from $54.1 million in the prior quarter.
- In the past five years, Inventory Average ranged from a high of $54.3 million in Q1 2026 to a low of $35.3 million in Q4 2022.
- A 5-year average of $48.0 million and a median of $50.6 million in 2023 frame the typical range for Inventory Average.
- Annual changes were most pronounced in 2022 — Inventory Average jumped 180.48% — and 2023, when it declined 14.78%.
- Tracing NOA's Inventory Average over 5 years: stood at $35.3 million in 2022, then soared by 51.68% to $53.5 million in 2023, then slipped by 1.05% to $53.0 million in 2024, then grew by 2.1% to $54.1 million in 2025, then climbed by 0.41% to $54.3 million in 2026.
- The last three Inventory Average figures came in at $54.3 million (Q1 2026), $54.1 million (Q4 2025), and $53.8 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 5.36 Bn |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 4.91 Bn |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | 3.66 Bn |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | 1.23 Bn |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 3.04 Bn |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 2.18 Bn |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 817.50 Mn |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | 105.51 Mn |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 110.88 Mn |
| 10 | North American Construction | 369.70 Mn | 248.48 Mn | 31.38 Mn | 57.93 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 54.32 Mn |
| Dec 31, 2025 | 54.10 Mn |
| Sep 30, 2025 | 53.75 Mn |
| Jun 30, 2025 | 52.65 Mn |
| Mar 31, 2025 | 50.58 Mn |
| Dec 31, 2024 | 52.98 Mn |
| Sep 30, 2024 | 53.64 Mn |
| Jun 30, 2024 | 50.92 Mn |
| Mar 31, 2024 | 49.42 Mn |
| Dec 31, 2023 | 53.55 Mn |
| Sep 30, 2023 | 50.60 Mn |
| Jun 30, 2023 | 40.61 Mn |
| Mar 31, 2023 | 38.08 Mn |
| Dec 31, 2022 | 35.30 Mn |
| Sep 30, 2022 | 35.51 Mn |
| Jun 30, 2022 | 45.60 Mn |
| Mar 31, 2022 | 44.68 Mn |
| Dec 31, 2021 | 37.27 Mn |
| Sep 30, 2021 | 33.60 Mn |
| Jun 30, 2021 | 22.59 Mn |