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
DateValue
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%