North American Construction (NOA) Times Interest Earned (2009 - 2026)
North American Construction's (NOA) quarterly Times Interest Earned came in at 1.09 in Q2 2026, down 32.59% on a YoY basis from 1.61 in Q2 2025, and down 17.04% quarter-over-quarter from 1.31 in Q1 2026.
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North American Construction (NOA) Times Interest Earned (2009 - 2026) Analysis & Trends
North American Construction (NOA) has reported Times Interest Earned for 18 consecutive years, with 1.09 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Times Interest Earned fell 32.59% year-over-year to 1.09; the trailing twelve-month figure through Jun 2026 stood at 1.37 (down 52.44% YoY), and the FY2025 full-year result was 2.73, down 42.84% from the prior year.
- Times Interest Earned eased to 1.09 in Q2 2026 per NOA's latest filing, from 1.31 in the prior quarter.
- Across five years, Times Interest Earned topped out at 6.15 in Q3 2022 and bottomed at 0.99 in Q4 2025.
- Historically, Times Interest Earned has averaged 2.98 across 5 years, with a median of 3.1 in 2022.
- The sharpest annual moves came in 2022 and 2025: Times Interest Earned jumped 696.02% in 2022, then sank 72.67% in 2025.
- Over 5 years, Times Interest Earned stood at 4.06 in 2022, then decreased by 19.22% to 3.28 in 2023, then climbed by 10.07% to 3.61 in 2024, then slumped by 72.67% to 0.99 in 2025, then rose by 10.25% to 1.09 in 2026.
- According to Business Quant data, Times Interest Earned over the past three periods registered 1.09, 1.31, and 0.99 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Ferrovial | 39.87 Bn | 34.47 Bn | - | - |
| 2 | Emcor | 33.30 Bn | 32.37 Bn | 1.02 Bn | - |
| 3 | Jacobs Solutions | 16.54 Bn | 15.37 Bn | 810.70 Mn | 5.25 |
| 4 | Sterling Infrastructure | 14.87 Bn | 14.40 Bn | 289.96 Mn | 70.87 |
| 5 | Aecom | 8.09 Bn | 7.08 Bn | -34.04 Mn | -1.59 |
| 6 | Stantec | 7.99 Bn | 7.99 Bn | 1.36 Bn | - |
| 7 | Fluor | 7.45 Bn | 4.40 Bn | 179.00 Mn | 12.27 |
| 8 | Argan | 5.58 Bn | 5.03 Bn | 74.22 Mn | - |
| 9 | Installed Building Products | 5.37 Bn | 4.98 Bn | 258.90 Mn | 9.01 |
| 10 | North American Construction | 386.88 Mn | 265.66 Mn | 31.38 Mn | 1.09 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.09 |
| Mar 31, 2026 | 1.31 |
| Dec 31, 2025 | 0.99 |
| Sep 30, 2025 | 2.34 |
| Jun 30, 2025 | 1.61 |
| Mar 31, 2025 | 2.26 |
| Dec 31, 2024 | 3.61 |
| Sep 30, 2024 | 3.64 |
| Jun 30, 2024 | 2.75 |
| Mar 31, 2024 | 2.47 |
| Dec 31, 2023 | 3.28 |
| Sep 30, 2023 | 4.18 |
| Jun 30, 2023 | 4.13 |
| Mar 31, 2023 | 3.52 |
| Dec 31, 2022 | 4.06 |
| Sep 30, 2022 | 6.15 |
| Jun 30, 2022 | 2.92 |
| Mar 31, 2022 | 3.34 |
| Dec 31, 2021 | 4.79 |
| Sep 30, 2021 | 6.25 |