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| Date | Value |
|---|---|
| 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 |