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

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

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

North American Construction has reported Operating Leases for 8 years, with the latest figure at $6.9 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Leases fell 6.76% year-over-year to $6.9 million; the trailing twelve-month figure through Mar 2026 stood at $6.9 million (down 6.76% YoY), and the FY2025 full-year result was $6.9 million, down 15.25% from the prior year.
  • Operating Leases for Q1 2026 stood at $6.9 million, down from $7.0 million in the prior quarter.
  • The five-year high for Operating Leases was $10.2 million in Q2 2022, with the low at $6.9 million in Q1 2026.
  • Historically, Operating Leases has averaged $8.5 million across 5 years, with a median of $8.8 million in 2023.
  • Annual changes were most pronounced in 2023 — Operating Leases grew 7.89% — and 2025, when it slipped 22.55%.
  • North American Construction's Operating Leases stood at $9.1 million in 2022, then decreased by 8.91% to $8.3 million in 2023, then dropped by 1.39% to $8.2 million in 2024, then slipped by 15.09% to $7.0 million in 2025, then fell by 0.84% to $6.9 million in 2026.
  • The last three Operating Leases figures came in at $6.9 million (Q1 2026), $7.0 million (Q4 2025), and $7.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn
5 Enerflex 8.62 Bn 8.57 Bn -
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn
10 North American Construction 267.97 Mn 196.17 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