North American Construction (NOA) Operating Leases (2019 - 2026)

North American Construction (NOA) posted Operating Leases of $6.9 million for Q1 2026, down 0.84% on a QoQ basis from $7.0 million in Q4 2025, and down 6.76% year-over-year from $7.4 million in Q1 2025.

North American Construction (NOA) Operating Leases (2019 - 2026) Analysis & Trends

North American Construction's Operating Leases history runs 8 years deep, the most recent figure standing at $6.9 million for Q1 2026.

  • Quarterly Operating Leases fell 6.76% year-over-year to $6.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $6.9 million (down 6.76% YoY) and the FY2025 annual result came in at $6.9 million, down 16.94% from the prior year.
  • Operating Leases was $6.9 million for Q1 2026 at North American Construction, down from $7.0 million in the prior quarter.
  • Across five years, Operating Leases topped out at $10.2 million in Q2 2022 and bottomed at $6.9 million in Q1 2026.
  • A 5-year average of $8.5 million and a median of $8.8 million in 2023 frame the typical range for Operating Leases.
  • Annual changes were most pronounced in 2023 — Operating Leases gained 7.89% — and 2025, when it fell 22.55%.
  • North American Construction's Operating Leases stood at $9.1 million in 2022, then dropped by 8.91% to $8.3 million in 2023, then fell by 1.39% to $8.2 million in 2024, then declined by 15.09% to $7.0 million in 2025, then decreased by 0.84% to $6.9 million in 2026.
  • Business Quant data shows NOA's Operating Leases at $6.9 million in Q1 2026, $7.0 million in Q4 2025, and $7.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn
10 North American Construction 399.49 Mn 520.61 Mn 31.22 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 6.90 Mn
Dec 31, 2025 6.95 Mn
Sep 30, 2025 7.21 Mn
Jun 30, 2025 7.42 Mn
Mar 31, 2025 7.40 Mn
Dec 31, 2024 8.19 Mn
Sep 30, 2024 8.80 Mn
Jun 30, 2024 9.29 Mn
Mar 31, 2024 9.55 Mn
Dec 31, 2023 8.31 Mn
Sep 30, 2023 8.77 Mn
Jun 30, 2023 8.76 Mn
Mar 31, 2023 9.16 Mn
Dec 31, 2022 9.12 Mn
Sep 30, 2022 9.76 Mn
Jun 30, 2022 10.22 Mn
Mar 31, 2022 8.49 Mn
Dec 31, 2021 9.09 Mn
Sep 30, 2021 9.91 Mn
Jun 30, 2021 10.30 Mn