North American Construction (NOA) Tax Rate (2009 - 2026)
North American Construction (NOA) reported Tax Rate of 59.39% for Q1 2026, up 4232.0% on a YoY basis from 1.37% in Q1 2025, and down 25.23% quarter-over-quarter from 79.44% in Q4 2025.
North American Construction (NOA) Tax Rate (2009 - 2026) Analysis & Trends
North American Construction has reported Tax Rate for 18 years, with the latest figure at 59.39% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 4232.0% year-over-year to 59.39%; the trailing twelve-month figure through Mar 2026 stood at 21.45% (up 1704.0% YoY), and the FY2025 full-year result was 14.1%, down 2306.0% from the prior year.
- Tax Rate for Q1 2026 stood at 59.39%, down from 79.44% in the prior quarter.
- The five-year high for Tax Rate was 79.44% in Q4 2025, with the low at 19.72% in Q4 2024.
- Historically, Tax Rate has averaged 14.94% across 5 years, with a median of 4.04% in 2023.
- Annual changes were most pronounced in 2024 — Tax Rate slumped 7179 bps — and 2025, when it surged 9915 bps.
- North American Construction's Tax Rate stood at 1.3% in 2022, then jumped by 3902 bps to 52.07% in 2023, then tumbled by 138 bps to 19.72% in 2024, then surged by 503 bps to 79.44% in 2025, then declined by 25 bps to 59.39% in 2026.
- The last three Tax Rate figures came in at 59.39% (Q1 2026), 79.44% (Q4 2025), and 0.88% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 20.40% |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 26.37% |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 18.45% |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 26.95% |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | -27.76% |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 42.86% |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | -3.81% |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 23.96% |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 13.39% |
| 10 | North American Construction | 267.97 Mn | 196.17 Mn | 31.22 Mn | 59.39% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 59.39% |
| Mar 31, 2026 | 59.39% |
| Dec 31, 2025 | 79.44% |
| Dec 31, 2025 | 79.44% |
| Sep 30, 2025 | 0.88% |
| Sep 30, 2025 | 0.88% |
| Jun 30, 2025 | 4.98% |
| Jun 30, 2025 | 4.98% |
| Mar 31, 2025 | 17.08% |
| Mar 31, 2025 | 17.08% |
| Dec 31, 2024 | -19.72% |
| Dec 31, 2024 | -19.72% |
| Sep 30, 2024 | 11.48% |
| Sep 30, 2024 | 11.48% |
| Jun 30, 2024 | -6.42% |
| Jun 30, 2024 | -6.42% |
| Mar 31, 2024 | 26.89% |
| Mar 31, 2024 | 26.89% |
| Dec 31, 2023 | 52.07% |
| Dec 31, 2023 | 52.07% |