North American Construction (NOA) Net Margin (2009 - 2026)

North American Construction has reported Net Margin for 18 years, with the latest figure at 4.4% in Q1 2026.

• For the quarter ending Q1 2026, Net Margin rose 187.0% year-over-year to 4.4%; the trailing twelve-month figure through Mar 2026 stood at 3.91% (down 260.0% YoY), and the FY2025 full-year result was 3.78%, down 818.0% from the prior year.
• Net Margin for Q1 2026 stood at 4.4%, up from 0.31% in the prior quarter.
• The five-year high for Net Margin was 12.8% in Q3 2022, with the low at 0.31% in Q4 2025.
• Historically, Net Margin has averaged 6.83% across 5 years, with a median of 6.89% in 2023.
• Annual changes were most pronounced in 2022 — Net Margin soared 391 bps — and 2025, when it tumbled 846 bps.
• North American Construction's Net Margin stood at 10.27% in 2022, then slumped by 31 bps to 7.1% in 2023, then advanced by 24 bps to 8.77% in 2024, then plunged by 96 bps to 0.31% in 2025, then jumped by 1299 bps to 4.4% in 2026.
• The last three Net Margin figures came in at 4.4% (Q1 2026), 0.31% (Q4 2025), and 7.35% (Q3 2025), per Business Quant data.