North American Construction (NOA) Tax Rate (2009 - 2026)
North American Construction (NOA) posted Tax Rate of 5.30% for the quarter ended Jun 30, 2026, up 0.82 percentage points from 4.48% a year earlier and up 3.54 percentage points from the prior quarter.
North American Construction (NOA) Tax Rate (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at North American Construction was 3.67%, up 3.55 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at 1.60%, up 2.18 percentage points from the prior year.
- Annual Tax Rate shows a four-year change of +1.22 percentage points (years ended Dec 2021 to Dec 2025).
- In prior years, North American Construction's Tax Rate was -0.58% in the year ended Dec 31, 2024 (-4.57 pp), 3.99% in the year ended Dec 31, 2023 (+3.48 pp), 0.51% in the year ended Dec 31, 2022 (+0.13 pp) and 0.38% in the year ended Dec 31, 2021.
- The figure for the quarter ended Jun 30, 2026 stands as the highest quarterly Tax Rate since the quarter ended Sep 30, 2024.
- On a year-over-year basis, Tax Rate has increased in each of the last three quarters, with an average year-over-year change of -3.55 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Tax Rate in the past five years was the quarter ended Mar 31, 2024, with a gain of 23.13 percentage points; the weakest was the quarter ended Mar 31, 2025, with a drop of 25.65 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was 1.75% (quarter ended Mar 31, 2026), 4.78% (quarter ended Dec 31, 2025) and 0.88% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 96.54 Bn | 94.73 Bn | 1.55 Bn | 25.53% |
| 2 | Ferrovial | 38.99 Bn | 19.58 Bn | - | - |
| 3 | Emcor | 33.36 Bn | 29.75 Bn | 1.02 Bn | 26.82% |
| 4 | Mastec | 17.15 Bn | 16.06 Bn | 556.28 Mn | 24.77% |
| 5 | Jacobs Solutions | 15.84 Bn | 10.49 Bn | 810.70 Mn | 43.37% |
| 6 | Sterling Infrastructure | 15.09 Bn | 13.45 Bn | 289.96 Mn | 23.33% |
| 7 | IES Holdings | 12.79 Bn | 11.66 Bn | 340.66 Mn | 25.04% |
| 8 | Dycom Industries | 8.06 Bn | 7.19 Bn | - | - |
| 9 | Stantec | 7.69 Bn | 7.69 Bn | - | 24.69% |
| 10 | North American Construction | 346.15 Mn | -9.05 Mn | 31.38 Mn | 5.30% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.30% |
| Mar 31, 2026 | 1.75% |
| Dec 31, 2025 | 4.78% |
| Sep 30, 2025 | 0.88% |
| Jun 30, 2025 | 4.48% |
| Mar 31, 2025 | 1.24% |
| Sep 30, 2024 | 11.48% |
| Mar 31, 2024 | 26.89% |
| Dec 31, 2023 | 9.28% |
| Sep 30, 2023 | 11.39% |
| Jun 30, 2023 | 1.71% |
| Mar 31, 2023 | 3.76% |
| Dec 31, 2022 | 1.30% |
| Sep 30, 2022 | 0.89% |
| Jun 30, 2022 | 3.74% |
| Mar 31, 2022 | 0.22% |
| Dec 31, 2021 | 0.60% |
| Sep 30, 2021 | 0.96% |
| Mar 31, 2021 | 6.40% |
| Dec 31, 2020 | 0.71% |
North American Construction Tax Rate 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=tax-rate&ticker=NOA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=NOA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();