North American Construction (NOA) Return on Capital Employed (2009 - 2025)
North American Construction (NOA) posted quarterly Return on Capital Employed of 3.59% for Q4 2025, down 871.0% year-on-year from 0.47% in Q4 2024, and down 170.05% on a QoQ basis from 5.12% in Q4 2024.
North American Construction (NOA) Return on Capital Employed (2009 - 2025) Analysis & Trends
North American Construction (NOA) has reported Return on Capital Employed for 17 consecutive years, with 3.59% the latest figure, recorded in Q4 2025.
- Quarterly Return on Capital Employed fell 871.0% year-over-year to 3.59% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 3.59% (down 871.0% YoY) and the FY2025 annual result came in at 11.81%, down 971.0% from the prior year.
- Return on Capital Employed declined to 3.59% in Q4 2025 per NOA's latest filing, from 5.12% in the prior quarter.
- Over the last five years, Return on Capital Employed for NOA reached as high as 5.12% in Q4 2024 and fell as low as 43.56% in Q4 2021.
- A 5-year average of 13.66% and a median of 11.02% in 2022 frame the typical range for Return on Capital Employed.
- Annual changes were most pronounced in 2021 — Return on Capital Employed slumped 4956 bps — and 2022, when it jumped 2511 bps.
- Year by year, Return on Capital Employed stood at 43.56% in 2021, then surged by 58 bps to 18.45% in 2022, then soared by 111 bps to 1.95% in 2023, then surged by 162 bps to 5.12% in 2024, then tumbled by 170 bps to 3.59% in 2025.
- According to Business Quant data, Return on Capital Employed over the past three periods registered 3.59%, 5.12%, and 1.95% for Q4 2025, Q4 2024, and Q4 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 70.54 Bn | 68.33 Bn | 5.38 Bn | 11.74% |
| 2 | Tenaris | 57.93 Bn | 46.32 Bn | 1.05 Bn | - |
| 3 | TechnipFMC | 30.31 Bn | 29.04 Bn | 1.64 Bn | 27.54% |
| 4 | Halliburton | 27.38 Bn | 25.42 Bn | 2.10 Bn | 13.06% |
| 5 | Nov | 7.25 Bn | 5.97 Bn | 379.00 Mn | 5.18% |
| 6 | Archrock | 6.68 Bn | 6.68 Bn | 247.42 Mn | 20.44% |
| 7 | Weatherford International | 6.15 Bn | 5.02 Bn | 776.00 Mn | 16.47% |
| 8 | Kodiak Gas Services | 5.93 Bn | 5.84 Bn | 222.88 Mn | 8.84% |
| 9 | Oceaneering International | 5.32 Bn | 4.71 Bn | 156.98 Mn | 15.36% |
| 10 | North American Construction | 400.06 Mn | 521.19 Mn | 31.22 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -3.59% |
| Dec 31, 2024 | 5.12% |
| Dec 31, 2023 | 1.95% |
| Dec 31, 2022 | -18.45% |
| Dec 31, 2021 | -43.56% |
| Sep 30, 2021 | -23.43% |
| Dec 31, 2020 | 6.00% |
| Mar 31, 2020 | 13.39% |
| Dec 31, 2019 | 11.48% |
| Sep 30, 2019 | 9.94% |
| Jun 30, 2019 | 8.80% |
| Mar 31, 2019 | 6.05% |
| Dec 31, 2018 | 9.17% |
| Sep 30, 2018 | 8.87% |
| Jun 30, 2018 | 8.10% |
| Mar 31, 2018 | 5.02% |
| Dec 31, 2017 | 4.12% |
| Sep 30, 2017 | 1.80% |
| Jun 30, 2017 | 1.21% |
| Mar 31, 2017 | 1.88% |