North American Construction (NOA) Net Margin (2009 - 2026)
North American Construction (NOA) posted Net Margin of 1.25% for Q1 2026, up 296.03% on a QoQ basis from 0.31% in Q4 2025, and down 129.0% year-over-year from 4.3% in Q1 2025.
North American Construction (NOA) Net Margin (2009 - 2026) Analysis & Trends
North American Construction's Net Margin history runs 18 years deep, the most recent figure standing at 1.25% for Q1 2026.
- Quarterly Net Margin fell 129.0% year-over-year to 1.25% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 3.18% (down 138.0% YoY) and the FY2025 annual result came in at 3.78%, down 165.0% from the prior year.
- Net Margin was 1.25% for Q1 2026 at North American Construction, up from 0.31% in the prior quarter.
- Across five years, Net Margin topped out at 12.8% in Q3 2022 and bottomed at 0.31% in Q4 2025.
- A 5-year average of 6.19% and a median of 5.9% in 2023 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2022 — Net Margin surged 360 bps — and 2024, when it slumped 798 bps.
- North American Construction's Net Margin stood at 10.27% in 2022, then slumped by 46 bps to 5.58% in 2023, then tumbled by 52 bps to 2.67% in 2024, then sank by 88 bps to 0.31% in 2025, then soared by 296 bps to 1.25% in 2026.
- Business Quant data shows NOA's Net Margin at 1.25% in Q1 2026, 0.31% in Q4 2025, and 7.35% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | 8.73% |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | 17.44% |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 10.43% |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 8.59% |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 0.97% |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 3.80% |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 19.87% |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 5.21% |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 5.17% |
| 10 | North American Construction | 399.49 Mn | 520.61 Mn | 31.22 Mn | 1.25% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.25% |
| Dec 31, 2025 | 0.31% |
| Sep 30, 2025 | 7.35% |
| Jun 30, 2025 | 4.75% |
| Mar 31, 2025 | 2.53% |
| Dec 31, 2024 | 2.67% |
| Sep 30, 2024 | 6.63% |
| Jun 30, 2024 | 7.64% |
| Mar 31, 2024 | 3.93% |
| Dec 31, 2023 | 5.58% |
| Sep 30, 2023 | 5.90% |
| Jun 30, 2023 | 6.89% |
| Mar 31, 2023 | 11.92% |
| Dec 31, 2022 | 10.27% |
| Sep 30, 2022 | 12.80% |
| Jun 30, 2022 | 5.20% |
| Mar 31, 2022 | 9.64% |
| Dec 31, 2021 | 7.61% |
| Sep 30, 2021 | 9.51% |
| Jun 30, 2021 | 1.60% |