North American Construction (NOA) Operating Income (2009 - 2026)
North American Construction (NOA) reported Operating Income of $16.0 million for Q1 2026, down 25.12% on a YoY basis from $21.3 million in Q1 2025, and down 20.46% quarter-over-quarter from $20.1 million in Q4 2025.
North American Construction (NOA) Operating Income (2009 - 2026) Analysis & Trends
North American Construction has reported Operating Income for 18 years, with the latest figure at $16.0 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Income fell 25.12% year-over-year to $16.0 million; the trailing twelve-month figure through Mar 2026 stood at $78.4 million (down 29.28% YoY), and the FY2025 full-year result was $78.1 million, down 28.78% from the prior year.
- Operating Income for Q1 2026 stood at $16.0 million, down from $20.1 million in the prior quarter.
- The five-year high for Operating Income was $45.8 million in Q4 2023, with the low at $4.9 million in Q2 2022.
- Historically, Operating Income has averaged $21.4 million across 5 years, with a median of $20.1 million in 2025.
- Annual changes were most pronounced in 2022 — Operating Income jumped 316.35% — and 2024, when it sank 54.63%.
- North American Construction's Operating Income stood at $31.6 million in 2022, then jumped by 45.03% to $45.8 million in 2023, then slumped by 54.63% to $20.8 million in 2024, then dropped by 3.39% to $20.1 million in 2025, then fell by 20.46% to $16.0 million in 2026.
- The last three Operating Income figures came in at $16.0 million (Q1 2026), $20.1 million (Q4 2025), and $26.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 4.41 Bn |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 782.00 Mn |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 679.00 Mn |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 361.80 Mn |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | -147.72 Mn |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 47.00 Mn |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 123.00 Mn |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 201.60 Mn |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 106.81 Mn |
| 10 | North American Construction | 267.97 Mn | 196.17 Mn | 31.22 Mn | 15.96 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 15.96 Mn |
| Dec 31, 2025 | 20.06 Mn |
| Sep 30, 2025 | 25.98 Mn |
| Jun 30, 2025 | 16.45 Mn |
| Mar 31, 2025 | 21.31 Mn |
| Dec 31, 2024 | 20.77 Mn |
| Sep 30, 2024 | 40.04 Mn |
| Jun 30, 2024 | 28.80 Mn |
| Mar 31, 2024 | 28.56 Mn |
| Dec 31, 2023 | 45.78 Mn |
| Sep 30, 2023 | 10.70 Mn |
| Jun 30, 2023 | 7.69 Mn |
| Mar 31, 2023 | 19.02 Mn |
| Dec 31, 2022 | 31.57 Mn |
| Sep 30, 2022 | 13.53 Mn |
| Jun 30, 2022 | 4.94 Mn |
| Mar 31, 2022 | 12.35 Mn |
| Dec 31, 2021 | 17.46 Mn |
| Sep 30, 2021 | 11.42 Mn |
| Jun 30, 2021 | 1.19 Mn |