North American Construction (NOA) Net Margin (2009 - 2026)
North American Construction's (NOA) quarterly Net Margin came in at 1.25% in Q1 2026, down 129.0% YoY from 4.3% in Q1 2025, and up 258.78% on a QoQ basis from 0.78% in Q4 2025.
North American Construction (NOA) Net Margin (2009 - 2026) Analysis & Trends
North American Construction (NOA) has 18 years of Net Margin data on file, last reported at 1.25% in 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 3.19% (down 137.0% YoY) and the FY2025 annual result came in at 1.93%, down 349.0% from the prior year.
- Net Margin rose to 1.25% in Q1 2026, from 0.78% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 11.92% in Q1 2023 to a low of 0.78% in Q4 2025.
- A 5-year average of 5.87% and a median of 5.58% in 2023 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2023 — Net Margin surged 267 bps — and 2024, when it tumbled 798 bps.
- Tracing NOA's Net Margin over 5 years: stood at 10.27% in 2022, then plunged by 46 bps to 5.58% in 2023, then sank by 52 bps to 2.67% in 2024, then tumbled by 129 bps to 0.78% in 2025, then surged by 259 bps to 1.25% in 2026.
- The last three Net Margin figures came in at 1.25% (Q1 2026), 0.78% (Q4 2025), and 7.35% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 9.08% |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 10.12% |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | 16.08% |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | 13.24% |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 9.42% |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 5.44% |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 3.80% |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | 13.33% |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 18.09% |
| 10 | North American Construction | 369.70 Mn | 248.48 Mn | 31.38 Mn | 3.25% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.25% |
| Dec 31, 2025 | -0.78% |
| 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 | 5.48% |
| Jun 30, 2023 | 6.89% |
| Mar 31, 2023 | 11.92% |
| Dec 31, 2022 | 10.27% |
| Sep 30, 2022 | 9.77% |
| Jun 30, 2022 | 4.22% |
| Mar 31, 2022 | 9.64% |
| Dec 31, 2021 | 7.61% |
| Sep 30, 2021 | 9.51% |
| Jun 30, 2021 | 2.04% |