North American Construction (NOA) Operating Income (2009 - 2026)
North American Construction's Operating Income was $14.85 million in the quarter ended Jun 30, 2026, down 9.7% from $16.45 million a year earlier and down 7.0% from the prior quarter.
North American Construction (NOA) Operating Income (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, North American Construction's Operating Income was $76.84 million through Jun 30, 2026, down 22.0% year-over-year; for the year ended Dec 31, 2025, it came in at $78.14 million, down 30.2% from the prior year.
- Operating Income shows a five-year compound annual growth rate of 9.3% (years ended Dec 2020 to Dec 2025).
- In earlier years, Operating Income was $111.94 million in the year ended Dec 31, 2024 (+56.8%), $71.4 million in the year ended Dec 31, 2023 (+30.4%), $54.73 million in the year ended Dec 31, 2022 (+25.1%) and $43.74 million in the year ended Dec 31, 2021 (-12.7%).
- The figure for the quarter ended Jun 30, 2026 marks the lowest quarterly Operating Income since the quarter ended Sep 30, 2023.
- Compared with a year earlier, Operating Income has declined for seven straight quarters, with growth averaging 9.7% over the last eight quarters.
- The best year-over-year quarter for Operating Income over five years was the quarter ended Jun 30, 2022 (growth of 316.4%); the worst was the quarter ended Dec 31, 2024 (a decline of 54.8%).
- Per Business Quant data, NOA's Operating Income in the three quarters before the quarter ended Jun 30, 2026 was $15.96 million (quarter ended Mar 31, 2026), $20.06 million (quarter ended Dec 31, 2025) and $25.98 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 96.54 Bn | 94.73 Bn | 1.55 Bn | 694.83 Mn |
| 2 | Ferrovial | 38.99 Bn | 19.58 Bn | - | - |
| 3 | Emcor | 33.36 Bn | 29.75 Bn | 1.02 Bn | 547.34 Mn |
| 4 | Mastec | 17.15 Bn | 16.06 Bn | 556.28 Mn | 226.20 Mn |
| 5 | Jacobs Solutions | 15.84 Bn | 10.49 Bn | 810.70 Mn | 286.70 Mn |
| 6 | Sterling Infrastructure | 15.09 Bn | 13.45 Bn | 289.96 Mn | 219.26 Mn |
| 7 | IES Holdings | 12.79 Bn | 11.66 Bn | 340.66 Mn | 178.55 Mn |
| 8 | Dycom Industries | 8.06 Bn | 7.19 Bn | - | - |
| 9 | Stantec | 7.69 Bn | 7.69 Bn | - | - |
| 10 | North American Construction | 346.15 Mn | -9.05 Mn | 31.38 Mn | 14.85 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.85 Mn |
| 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 | 45.94 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 |
North American Construction Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=NOA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "NOA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=NOA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();