North American Construction (NOA) Total Liabilities (2009 - 2026)
North American Construction (NOA) recorded Total Liabilities of $1.28 billion in the quarter ended Jun 30, 2026, up 29.5% from $986.58 million a year earlier and up 24.9% from the prior quarter.
North American Construction (NOA) Total Liabilities (2009 - 2026) Analysis & Trends
As of Dec 31, 2025, North American Construction reported Total Liabilities of $975.62 million, up 2.3% from the prior year.
- Annual Total Liabilities has increased for five straight years, with a five-year compound annual growth rate of 17.2% (years ended Dec 2020 to Dec 2025).
- Across earlier years, Total Liabilities came in at $953.51 million in the year ended Dec 31, 2024 (+8.1%), $881.69 million in the year ended Dec 31, 2023 (+70.2%), $518.11 million in the year ended Dec 31, 2022 (+10.5%) and $468.71 million in the year ended Dec 31, 2021 (+6.3%).
- The figure for the quarter ended Jun 30, 2026 is the highest quarterly Total Liabilities in data going back to the quarter ended Jun 30, 2012.
- On a year-over-year basis, Total Liabilities has increased for 13 consecutive quarters, with growth averaging 9.6% over the last eight quarters.
- Peak year-over-year performance for Total Liabilities in the last five years was growth of 95.3% in the quarter ended Mar 31, 2024, against a decline of 0.9% in the quarter ended Mar 31, 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.02 billion (quarter ended Mar 31, 2026), $977.48 million (quarter ended Dec 31, 2025) and $1.02 billion (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 82.97 Bn | 81.16 Bn | 1.55 Bn | 18.55 Bn |
| 2 | Ferrovial | 35.82 Bn | 16.13 Bn | - | 25.27 Bn |
| 3 | Emcor | 29.22 Bn | 25.61 Bn | 1.02 Bn | 6.08 Bn |
| 4 | Jacobs Solutions | 17.13 Bn | 11.78 Bn | 810.70 Mn | 8.48 Bn |
| 5 | Mastec | 13.77 Bn | 12.68 Bn | 556.28 Mn | 7.33 Bn |
| 6 | Sterling Infrastructure | 11.44 Bn | 9.80 Bn | 289.96 Mn | 1.80 Bn |
| 7 | IES Holdings | 8.80 Bn | 7.66 Bn | 340.66 Mn | 1.05 Bn |
| 8 | Stantec | 8.31 Bn | 7.24 Bn | 1.36 Bn | 3.38 Bn |
| 9 | Aecom | 7.83 Bn | 3.16 Bn | -34.04 Mn | 9.63 Bn |
| 10 | North American Construction | 323.38 Mn | -27.75 Mn | 31.38 Mn | 1.24 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.24 Bn |
| Mar 31, 2026 | 1.01 Bn |
| Dec 31, 2025 | 995.37 Mn |
| Sep 30, 2025 | 1.01 Bn |
| Jun 30, 2025 | 999.17 Mn |
| Mar 31, 2025 | 931.26 Mn |
| Dec 31, 2024 | 909.74 Mn |
| Sep 30, 2024 | 963.98 Mn |
| Jun 30, 2024 | 908.86 Mn |
| Mar 31, 2024 | 897.06 Mn |
| Dec 31, 2023 | 899.20 Mn |
| Sep 30, 2023 | 884.12 Mn |
| Jun 30, 2023 | 479.01 Mn |
| Mar 31, 2023 | 461.32 Mn |
| Dec 31, 2022 | 497.04 Mn |
| Sep 30, 2022 | 465.33 Mn |
| Jun 30, 2022 | 458.98 Mn |
| Mar 31, 2022 | 472.33 Mn |
| Dec 31, 2021 | 463.59 Mn |
| Sep 30, 2021 | 479.79 Mn |
North American Construction Total Liabilities 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-liabilities&ticker=NOA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-liabilities", "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-liabilities&ticker=NOA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();