North American Construction (NOA) Payout Ratio (2014 - 2026)
North American Construction's (NOA) quarterly Payout Ratio came in at 0.51 in Q2 2026, down 57.12% on a YoY basis from 1.18 in Q2 2025, and down 14.53% quarter-over-quarter from 0.44 in Q1 2026.
Analysis
North American Construction (NOA) Payout Ratio (2014 - 2026) Analysis & Trends
North American Construction (NOA) has reported Payout Ratio for 13 consecutive years, with 0.51 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Payout Ratio fell 57.12% year-over-year to 0.51; the trailing twelve-month figure through Jun 2026 stood at 0.38 (down 37.61% YoY), and the FY2025 full-year result was 0.28, down 64.01% from the prior year.
- Payout Ratio eased to 0.51 in Q2 2026 per NOA's latest filing, from 0.44 in the prior quarter.
- Across five years, Payout Ratio topped out at 1.41 in Q4 2025 and bottomed at 0.7 in Q4 2024.
- Historically, Payout Ratio has averaged 0.16 across 5 years, with a median of 0.19 in 2023.
- The sharpest annual moves came in 2024 and 2025: Payout Ratio sank 312.49% in 2024, then jumped 302.02% in 2025.
- Over 5 years, Payout Ratio stood at 0.09 in 2022, then tumbled by 88.1% to 0.17 in 2023, then tumbled by 312.49% to 0.7 in 2024, then surged by 302.02% to 1.41 in 2025, then sank by 135.85% to 0.51 in 2026.
- According to Business Quant data, Payout Ratio over the past three periods registered 0.51, 0.44, and 1.41 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ferrovial | 39.87 Bn | 34.47 Bn | - |
| 2 | Emcor | 33.30 Bn | 32.37 Bn | 1.02 Bn |
| 3 | Jacobs Solutions | 16.54 Bn | 15.37 Bn | 810.70 Mn |
| 4 | Sterling Infrastructure | 14.87 Bn | 14.40 Bn | 289.96 Mn |
| 5 | Aecom | 8.09 Bn | 7.08 Bn | -34.04 Mn |
| 6 | Stantec | 7.99 Bn | 7.99 Bn | 1.36 Bn |
| 7 | Fluor | 7.45 Bn | 4.40 Bn | 179.00 Mn |
| 8 | Argan | 5.58 Bn | 5.03 Bn | 74.22 Mn |
| 9 | Installed Building Products | 5.37 Bn | 4.98 Bn | 258.90 Mn |
| 10 | North American Construction | 386.88 Mn | 265.66 Mn | 31.38 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -0.51 |
| Mar 31, 2026 | -0.44 |
| Dec 31, 2025 | 1.41 |
| Sep 30, 2025 | -0.15 |
| Jun 30, 2025 | -0.32 |
| Mar 31, 2025 | -0.35 |
| Dec 31, 2024 | -0.70 |
| Sep 30, 2024 | -0.14 |
| Jun 30, 2024 | -0.13 |
| Mar 31, 2024 | -0.23 |
| Dec 31, 2023 | -0.17 |
| Sep 30, 2023 | -0.24 |
| Jun 30, 2023 | -0.20 |
| Mar 31, 2023 | -0.07 |
| Dec 31, 2022 | -0.09 |
| Sep 30, 2022 | -0.12 |
| Jun 30, 2022 | -0.32 |
| Mar 31, 2022 | -0.07 |
| Dec 31, 2021 | -0.08 |
| Sep 30, 2021 | -0.08 |