North American Construction (NOA) Invested Capital (2009 - 2026)
North American Construction's (NOA) quarterly Invested Capital came in at $70.3 million in Q1 2026, down 32.89% YoY from $104.7 million in Q1 2025, and down 38.94% on a QoQ basis from $115.1 million in Q4 2025.
North American Construction (NOA) Invested Capital (2009 - 2026) Analysis & Trends
North American Construction (NOA) has 17 years of Invested Capital data on file, last reported at $70.3 million in Q1 2026.
- Quarterly Invested Capital fell 32.89% year-over-year to $70.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $404.1 million (up 34.03% YoY) and the FY2025 annual result came in at $114.9 million, up 86.87% from the prior year.
- Invested Capital eased to $70.3 million in Q1 2026, from $115.1 million in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $115.1 million in Q4 2025 to a low of $15.7 million in Q1 2022.
- A 5-year average of $61.3 million and a median of $62.5 million in 2024 frame the typical range for Invested Capital.
- Annual changes were most pronounced in 2023 — Invested Capital soared 365.33% — and 2026, when it plunged 32.89%.
- Tracing NOA's Invested Capital over 5 years: stood at $30.8 million in 2022, then soared by 93.92% to $59.7 million in 2023, then gained by 0.92% to $60.3 million in 2024, then jumped by 91.03% to $115.1 million in 2025, then sank by 38.94% to $70.3 million in 2026.
- The last three Invested Capital figures came in at $70.3 million (Q1 2026), $115.1 million (Q4 2025), and $110.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 80.33 Bn | 76.25 Bn | 4.63 Bn | - |
| 2 | Baker Hughes | 61.93 Bn | 46.20 Bn | 1.58 Bn | 774.00 Mn |
| 3 | Tenaris | 53.10 Bn | 44.08 Bn | 984.66 | - |
| 4 | TechnipFMC | 30.78 Bn | 29.54 Bn | 1.40 Bn | 115.30 Mn |
| 5 | Halliburton | 29.58 Bn | 27.53 Bn | 2.10 Bn | 90.00 Mn |
| 6 | Nov | 7.35 Bn | 6.19 Bn | 521.00 Mn | 14.00 Mn |
| 7 | Weatherford International | 6.52 Bn | 5.39 Bn | 662.00 Mn | 30.00 Mn |
| 8 | Kodiak Gas Services | 5.83 Bn | 5.69 Bn | 246.76 Mn | 48.25 Mn |
| 9 | Archrock | 5.52 Bn | 5.52 Bn | 244.51 Mn | 800.00 Mn |
| 10 | North American Construction | 382.00 Mn | 260.78 Mn | 31.38 Mn | 100.06 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 70.30 Mn |
| Dec 31, 2025 | 115.13 Mn |
| Sep 30, 2025 | 110.77 Mn |
| Jun 30, 2025 | 107.92 Mn |
| Mar 31, 2025 | 104.75 Mn |
| Dec 31, 2024 | 60.27 Mn |
| Sep 30, 2024 | 69.26 Mn |
| Jun 30, 2024 | 67.24 Mn |
| Mar 31, 2024 | 62.47 Mn |
| Dec 31, 2023 | 59.72 Mn |
| Sep 30, 2023 | 73.35 Mn |
| Jun 30, 2023 | 31.50 Mn |
| Mar 31, 2023 | 31.67 Mn |
| Dec 31, 2022 | 30.80 Mn |
| Sep 30, 2022 | 15.76 Mn |
| Jun 30, 2022 | 16.14 Mn |
| Mar 31, 2022 | 15.71 Mn |
| Dec 31, 2021 | 43.41 Mn |
| Sep 30, 2021 | 15.52 Mn |
| Jun 30, 2021 | 14.87 Mn |