North American Construction (NOA) Return on Equity [ROE] (2009 - 2026)
North American Construction (NOA) reported Return on Equity [ROE] of 16.34% for the quarter ended Jun 30, 2026, up 9.06 percentage points from 7.28% a year earlier and up 1.65 percentage points from the prior quarter.
Powered by 
Analysis
North American Construction (NOA) Return on Equity [ROE] (2009 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, North American Construction posted Return on Equity [ROE] of 10.38%, down 1.15 percentage points from the prior year.
- Return on Equity [ROE] has declined for three consecutive years, with a five-year change of -12.44 percentage points (years ended Dec 2020 to Dec 2025).
- By year, Return on Equity [ROE] came in at 11.53% in the year ended Dec 31, 2024 (-6.98 pp), 18.51% in the year ended Dec 31, 2023 (-4.30 pp), 22.82% in the year ended Dec 31, 2022 (+2.75 pp) and 20.07% in the year ended Dec 31, 2021 (-2.75 pp).
- The figure for the quarter ended Jun 30, 2026 ranks as the highest quarterly Return on Equity [ROE] since the quarter ended Dec 31, 2023.
- Year over year, Return on Equity [ROE] gained in two of the last eight quarters, with an average year-over-year change of -2.13 percentage points.
- The high point for year-over-year Return on Equity [ROE] in five years was the quarter ended Jun 30, 2026 (a gain of 9.06 percentage points); the low point was the quarter ended Mar 31, 2024 (a drop of 10.20 percentage points).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at 14.69% (quarter ended Mar 31, 2026), 9.55% (quarter ended Dec 31, 2025) and 9.80% (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 80.12 Bn | 78.20 Bn | 1.55 Bn | 14.30% |
| 2 | Ferrovial | 35.53 Bn | 13.77 Bn | - | - |
| 3 | Emcor | 28.52 Bn | 24.91 Bn | 1.02 Bn | 36.22% |
| 4 | Jacobs Solutions | 16.98 Bn | 11.64 Bn | 810.70 Mn | 9.18% |
| 5 | Mastec | 13.12 Bn | 11.91 Bn | 556.28 Mn | 15.22% |
| 6 | Sterling Infrastructure | 10.71 Bn | 9.04 Bn | 289.96 Mn | 35.61% |
| 7 | IES Holdings | 8.55 Bn | 7.41 Bn | 340.66 Mn | 39.78% |
| 8 | Stantec | 8.13 Bn | 7.06 Bn | 1.36 Bn | 36.28% |
| 9 | Aecom | 7.62 Bn | 2.74 Bn | -34.04 Mn | 13.89% |
| 10 | North American Construction | 325.26 Mn | -25.86 Mn | 31.38 Mn | 16.65% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.65% |
| Mar 31, 2026 | 14.63% |
| Dec 31, 2025 | 9.48% |
| Sep 30, 2025 | 9.88% |
| Jun 30, 2025 | 7.32% |
| Mar 31, 2025 | 9.66% |
| Dec 31, 2024 | 11.44% |
| Sep 30, 2024 | 15.71% |
| Jun 30, 2024 | 14.90% |
| Mar 31, 2024 | 14.08% |
| Dec 31, 2023 | 17.64% |
| Sep 30, 2023 | 20.41% |
| Jun 30, 2023 | 24.21% |
| Mar 31, 2023 | 24.43% |
| Dec 31, 2022 | 23.91% |
| Sep 30, 2022 | 21.12% |
| Jun 30, 2022 | 17.76% |
| Mar 31, 2022 | 30.55% |
| Dec 31, 2021 | 34.60% |
| Sep 30, 2021 | 30.99% |
API Access
North American Construction Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=NOA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=NOA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();