North American Construction (NOA) Total Debt (2009 - 2026)
North American Construction (NOA) reported Total Debt of $847.42 million for the quarter ended Jun 30, 2026, up 34.6% from $629.77 million a year earlier and up 22.5% from the prior quarter.
North American Construction (NOA) Total Debt (2009 - 2026) Analysis & Trends
As of Dec 31, 2025, North American Construction posted Total Debt of $289.07 million, down 36.8% from the prior year.
- Total Debt has a five-year compound annual growth rate of 3.4% (years ended Dec 2020 to Dec 2025).
- By year, Total Debt came in at $457.34 million in the year ended Dec 31, 2024 (-10.9%), $513.35 million in the year ended Dec 31, 2023 (+129.6%), $223.61 million in the year ended Dec 31, 2022 (+61.1%) and $138.83 million in the year ended Dec 31, 2021 (-43.3%).
- The figure for the quarter ended Jun 30, 2026 ranks as the highest quarterly Total Debt in data going back to the quarter ended Jun 30, 2012.
- Year over year, Total Debt has now increased in each of the last 15 quarters, with growth averaging 21.1% over the last eight quarters.
- The high point for year-over-year Total Debt in five years was the quarter ended Mar 31, 2024 (growth of 87.5%); the low point was the quarter ended Sep 30, 2022 (a decline of 26.5%).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at $692.04 million (quarter ended Mar 31, 2026), $652.83 million (quarter ended Dec 31, 2025) and $653.49 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 96.54 Bn | 94.73 Bn | 1.55 Bn | 6.10 Bn |
| 2 | Ferrovial | 38.99 Bn | 19.58 Bn | - | 11.04 Bn |
| 3 | Emcor | 33.36 Bn | 29.75 Bn | 1.02 Bn | - |
| 4 | Mastec | 17.15 Bn | 16.06 Bn | 556.28 Mn | 2.74 Bn |
| 5 | Jacobs Solutions | 15.84 Bn | 10.49 Bn | 810.70 Mn | 3.58 Bn |
| 6 | Sterling Infrastructure | 15.09 Bn | 13.45 Bn | 289.96 Mn | 283.88 Mn |
| 7 | IES Holdings | 12.79 Bn | 11.66 Bn | 340.66 Mn | - |
| 8 | Dycom Industries | 8.06 Bn | 7.19 Bn | - | 2.81 Bn |
| 9 | Stantec | 7.69 Bn | 7.69 Bn | - | 231.99 Mn |
| 10 | North American Construction | 346.15 Mn | -9.05 Mn | 31.38 Mn | 847.42 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 847.42 Mn |
| Mar 31, 2026 | 692.04 Mn |
| Dec 31, 2025 | 652.83 Mn |
| Sep 30, 2025 | 653.49 Mn |
| Jun 30, 2025 | 629.77 Mn |
| Mar 31, 2025 | 567.24 Mn |
| Dec 31, 2024 | 575.25 Mn |
| Sep 30, 2024 | 599.62 Mn |
| Jun 30, 2024 | 573.30 Mn |
| Mar 31, 2024 | 548.52 Mn |
| Dec 31, 2023 | 508.75 Mn |
| Sep 30, 2023 | 366.23 Mn |
| Jun 30, 2023 | 306.75 Mn |
| Mar 31, 2023 | 292.58 Mn |
| Dec 31, 2022 | 321.05 Mn |
| Sep 30, 2022 | 208.45 Mn |
| Jun 30, 2022 | 273.78 Mn |
| Mar 31, 2022 | 269.26 Mn |
| Dec 31, 2021 | 271.62 Mn |
| Sep 30, 2021 | 283.72 Mn |
North American Construction Total Debt 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=total-debt&ticker=NOA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=NOA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();