North American Construction (NOA) Price to FCF (2009 - 2026)
North American Construction's (NOA) quarterly Price to FCF came in at 5.7 in Q2 2026, down 30.68% on a YoY basis from 8.22 in Q2 2025, and down 47.97% quarter-over-quarter from 10.95 in Q1 2026.
Analysis
North American Construction (NOA) Price to FCF (2009 - 2026) Analysis & Trends
North American Construction (NOA) has reported Price to FCF for 18 consecutive years, with 5.7 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Price to FCF fell 30.68% year-over-year to 5.7; the trailing twelve-month figure through Jun 2026 stood at 2.08 (up 10.45% YoY), and the FY2025 full-year result was 1.06, down 29.56% from the prior year.
- Price to FCF eased to 5.7 in Q2 2026 per NOA's latest filing, from 10.95 in the prior quarter.
- Across five years, Price to FCF topped out at 21.74 in Q1 2022 and bottomed at 5.19 in Q3 2022.
- Historically, Price to FCF has averaged 10.44 across 5 years, with a median of 8.98 in 2023.
- The sharpest annual moves came in 2022 and 2023: Price to FCF plunged 68.44% in 2022, then soared 74.27% in 2023.
- Over 5 years, Price to FCF stood at 18.1 in 2022, then tumbled by 50.73% to 8.92 in 2023, then dropped by 6.18% to 8.36 in 2024, then soared by 46.15% to 12.23 in 2025, then sank by 53.41% to 5.7 in 2026.
- According to Business Quant data, Price to FCF over the past three periods registered 5.7, 10.95, and 12.23 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 | 5.70 |
| Mar 31, 2026 | 10.95 |
| Dec 31, 2025 | 12.23 |
| Sep 30, 2025 | 8.19 |
| Jun 30, 2025 | 8.22 |
| Mar 31, 2025 | 6.74 |
| Dec 31, 2024 | 8.36 |
| Sep 30, 2024 | 11.48 |
| Jun 30, 2024 | 9.74 |
| Mar 31, 2024 | 12.53 |
| Dec 31, 2023 | 8.92 |
| Sep 30, 2023 | 9.04 |
| Jun 30, 2023 | 7.74 |
| Mar 31, 2023 | 17.21 |
| Dec 31, 2022 | 18.10 |
| Sep 30, 2022 | 5.19 |
| Jun 30, 2022 | 5.84 |
| Mar 31, 2022 | 21.74 |
| Dec 31, 2021 | 22.03 |
| Sep 30, 2021 | 8.32 |