North American Construction (NOA) Return on Capital Employed [ROCE] (2009 - 2025)
North American Construction (NOA) recorded Return on Capital Employed [ROCE] of 8.07% in the quarter ended Dec 31, 2025, down 3.73 percentage points from 11.80% a year earlier.
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Analysis
North American Construction (NOA) Return on Capital Employed [ROCE] (2009 - 2025) Analysis & Trends
For the year ended Dec 31, 2025, North American Construction reported Return on Capital Employed [ROCE] of 8.01%, down 3.64 percentage points from the prior year.
- Annual Return on Capital Employed [ROCE] has a five-year change of -1.42 percentage points (years ended Dec 2020 to Dec 2025).
- Across earlier years, Return on Capital Employed [ROCE] came in at 11.65% in the year ended Dec 31, 2024 (+1.59 pp), 10.06% in the year ended Dec 31, 2023 (+0.52 pp), 9.54% in the year ended Dec 31, 2022 (+1.29 pp) and 8.25% in the year ended Dec 31, 2021 (-1.18 pp).
- The figure for the quarter ended Dec 31, 2025 is the lowest quarterly Return on Capital Employed [ROCE] since the quarter ended Sep 30, 2021.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 101.70 Bn | 99.89 Bn | 1.55 Bn | 12.55% |
| 2 | Ferrovial | 38.65 Bn | 19.25 Bn | - | - |
| 3 | Emcor | 34.80 Bn | 31.19 Bn | 1.02 Bn | 41.90% |
| 4 | Mastec | 17.34 Bn | 16.24 Bn | 556.28 Mn | 12.51% |
| 5 | Sterling Infrastructure | 16.37 Bn | 14.73 Bn | 289.96 Mn | 35.48% |
| 6 | Jacobs Solutions | 16.17 Bn | 10.82 Bn | 810.70 Mn | 8.23% |
| 7 | IES Holdings | 13.52 Bn | 12.39 Bn | 340.66 Mn | 41.31% |
| 8 | Dycom Industries | 8.20 Bn | 7.33 Bn | - | - |
| 9 | Stantec | 7.70 Bn | 7.70 Bn | - | 23.83% |
| 10 | North American Construction | 351.33 Mn | -3.86 Mn | 31.38 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 8.07% |
| Dec 31, 2024 | 11.80% |
| Dec 31, 2023 | 9.23% |
| Sep 30, 2023 | 155.05% |
| Dec 31, 2022 | 10.93% |
| Dec 31, 2021 | 8.44% |
| Sep 30, 2021 | 6.50% |
| Dec 31, 2020 | 9.60% |
| Mar 31, 2020 | 11.92% |
| Dec 31, 2019 | 9.95% |
| Sep 30, 2019 | 8.47% |
| Jun 30, 2019 | 7.99% |
| Mar 31, 2019 | 5.40% |
| Dec 31, 2018 | 8.28% |
| Sep 30, 2018 | 8.86% |
| Jun 30, 2018 | 8.10% |
| Mar 31, 2018 | 3.28% |
| Dec 31, 2017 | 2.30% |
| Sep 30, 2017 | -0.14% |
| Jun 30, 2017 | -0.62% |
API Access
North American Construction Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=NOA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "NOA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=NOA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();