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
DateValue
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%