North American Construction Group Ltd. (NOA) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 22, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 40-F for FY2025, filed Mar 12, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the NOA SEC filings page.
North American Construction Group Ltd. (NOA) reported $936.6M in revenue for fiscal year 2025, up 15.7% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Scored against energy companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of North American Construction Group Ltd.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
North American Construction Group Ltd. has an operating margin of 8.5%, meaning the company retains $9 of operating profit per $100 of revenue. This results in a moderate score of 56/100, indicating healthy but not exceptional operating efficiency. This is down from 13.2% the prior year.
North American Construction Group Ltd.'s revenue surged 15.7% year-over-year to $936.6M, reflecting rapid business expansion. This strong growth earns a score of 74/100.
North American Construction Group Ltd. has a moderate D/E ratio of 1.64. This balance of debt and equity financing earns a leverage score of 32/100.
North American Construction Group Ltd.'s current ratio of 0.88 is below the typical benchmark, resulting in a score of 26/100. This tight liquidity could limit financial flexibility if cash inflows slow.
While North American Construction Group Ltd. generated $192.6M in operating cash flow, capex of $205.0M consumed most of it, leaving -$12.4M in free cash flow. This results in a low score of 25/100, reflecting heavy capital investment rather than weak cash generation.
North American Construction Group Ltd. earns a strong 7.4% return on equity (ROE), meaning it generates $7 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 67/100. This is down from 11.3% the prior year.
North American Construction Group Ltd. scores 1.19, below the 1.81 distress threshold. The score is pulled down most by current liabilities exceeding current assets by $35.5M against total assets of $1.3B. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
North American Construction Group Ltd. passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 operating efficiency signals passes.
For every $1 of reported earnings, North American Construction Group Ltd. generates $7.81 in operating cash flow ($192.6M OCF vs $24.7M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
North American Construction Group Ltd. earns $1.88 in operating income for every $1 of interest expense ($79.6M vs $42.3M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
North American Construction Group Ltd. generated $936.6M in revenue in fiscal year 2025. This represents an increase of 15.7% from the prior year.
North American Construction Group Ltd.'s EBITDA was $249.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 0.8% from the prior year.
North American Construction Group Ltd. reported $24.7M in net income in fiscal year 2025. This represents a decrease of 19.3% from the prior year.
North American Construction Group Ltd. earned $0.83 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 20.7% from the prior year.
Cash & Balance Sheet
North American Construction Group Ltd. recorded an outflow of $12.4M in free cash flow in fiscal year 2025, representing a cash shortfall after capex. The change from the prior year is not meaningful, because that figure was zero or negative.
North American Construction Group Ltd. held $73.0M in cash against $546.8M in long-term debt as of fiscal year 2025.
North American Construction Group Ltd. paid $0.35 per share in dividends in fiscal year 2025. This represents an increase of 20.0% from the prior year.
Margins & Returns
North American Construction Group Ltd.'s gross margin was 12.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 5.4 percentage points from the prior year.
North American Construction Group Ltd.'s operating margin was 8.5% in fiscal year 2025, reflecting core business profitability. This is down 4.7 percentage points from the prior year.
North American Construction Group Ltd.'s net profit margin was 2.6% in fiscal year 2025, showing the share of revenue converted to profit. This is down 1.1 percentage points from the prior year.
North American Construction Group Ltd.'s ROE was 7.4% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 3.9 percentage points from the prior year.
Capital Allocation
North American Construction Group Ltd. spent $28.0M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 836.6% from the prior year.
North American Construction Group Ltd. invested $205.0M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 2.8% from the prior year.
Not reported for fiscal year 2025.
NOA Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2540-F | FY2440-F | FY2340-F | FY2240-F | FY2140-F | FY2040-F | FY1940-F | FY1840-F | FY1740-F | FY1640-F | FY1540-F | FY1440-F | FY1340-F | FY1240-F | FY1240-F |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $936.6M+15.7% | $809.6M+10.8% | $730.7M+28.5% | $568.7M+11.1% | $512.0M+31.0% | $390.9M-29.5% | $554.8M+84.6% | $300.5M+28.6% | $233.7M+47.2% | $158.8M-21.9% | $203.3M-50.0% | $406.7M-8.1% | $442.3M-26.0% | $597.9M | $671.4M |
| Cost of Revenue | $659.8M+23.3% | $535.3M+4.1% | $514.0M+26.7% | $405.5M+13.7% | $356.7M | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | $118.4M-18.8% | $145.8M+24.3% | $117.3M+56.3% | $75.0M+6.0% | $70.8M-2.1% | $72.3M-2.8% | $74.4M+46.9% | $50.6M+59.8% | $31.7M+31.5% | $24.1M+4.5% | $23.0M-48.0% | $44.3M+3.0% | $43.0M+78.2% | $24.1M | $32.0M |
| SG&A Expenses | $36.7M-3.1% | $37.9M-12.0% | $43.1M+95.2% | $22.1M-20.3% | $27.7M+44.5% | $19.2M-32.7% | $28.5M+4.7% | $27.2M+34.6% | $20.2M-0.3% | $20.3M+6.7% | $19.0M-34.1% | $28.8M-23.1% | $37.5M-12.3% | $42.8M | $41.4M |
| Operating Income | $79.6M-25.2% | $106.4M+45.9% | $73.0M+38.8% | $52.6M+21.9% | $43.1M-18.0% | $52.6M+16.0% | $45.4M+106.6% | $22.0M+105.1% | $10.7M+266.6% | $2.9M+42.5% | $2.1M-79.5% | $10.0Mn/m | -$2.5Mn/m | -$23.2M | -$14.8M |
| EBITDA | $249.5M+0.8% | $247.5M+36.8% | $180.9M+17.1% | $154.4M | N/A | N/A | N/A | $64.7M+39.4% | $46.5M+39.5% | $33.3M+7.5% | $31.0M-34.1% | $47.0M+47.9% | $31.8M+42.4% | $22.3M | $29.9M |
| Interest Expense | $42.3M+4.0% | $40.6M+50.0% | $27.1M+54.5% | $17.5M+17.4% | $14.9M+1.2% | $14.8M-11.9% | $16.8M+161.1% | $6.4M+13.4% | $5.7M+27.2% | $4.5M-38.5% | $7.2M-30.8% | $10.5M-49.4% | $20.7M-10.2% | $23.0M | $21.8M |
| Income Tax | $16.5M+49.0% | $11.1M-35.9% | $17.3M+37.0% | $12.6M+73.6% | $7.3M-17.7% | $8.8M+300.6% | $2.2M-50.7% | $4.5M+364.5% | $962Kn/m | -$36Kn/m | -$82Kn/m | -$27Kn/m | -$5.7Mn/m | -$10.3M | N/A |
| Net Income | $24.7M-19.3% | $30.6M-36.1% | $47.8M-3.9% | $49.8M+23.7% | $40.2M+4.3% | $38.6M+35.6% | $28.5M+153.9% | $11.2M+166.4% | $4.2Mn/m | -$331Kn/m | -$5.4Mn/m | -$1.0M-101.5% | $65.0Mn/m | -$13.7M | -$21.2M |
| EPS (Basic) | $0.86-24.4% | $1.14-36.8% | $1.80-0.8% | $1.82+28.3% | $1.42+3.2% | $1.37+22.7% | $1.12+150.2% | $0.45+179.8% | $0.16 | -$0.01n/m | -$0.17n/m | -$0.03-101.4% | $1.80n/m | -$0.38 | -$0.58 |
| EPS (Diluted) | $0.83-20.7% | $1.05-33.8% | $1.58-0.4% | $1.59+23.8% | $1.28+2.3% | $1.25+32.2% | $0.95+139.7% | $0.40+175.2% | $0.14 | -$0.01n/m | -$0.17n/m | -$0.03-101.5% | $1.78n/m | -$0.38 | -$0.58 |
| Diluted Shares (Avg) | 32M-2.4% | 33M+0.1% | 33M-2.9% | 34M+0.2% | 34M+5.1% | 32M-1.7% | 33M+4.5% | 31M+6.2% | 30M | 30M-8.5% | 33M-6.4% | 35M-4.4% | 37M+1.0% | 36M | N/A |
Not reported in any period shown, so not listed: R&D Expenses.
NOA Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2540-F | FY2440-F | FY2340-F | FY2240-F | FY2140-F | FY2040-F | FY1940-F | FY1840-F | FY1740-F | FY1640-F | FY1540-F | FY1440-F | FY1340-F | FY1240-F | FY1240-F |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.3B+12.8% | $1.2B+0.5% | $1.2B+61.8% | $723.8M+6.4% | $680.3M+3.4% | $657.9M+7.6% | $611.5M+21.0% | $505.6M+65.0% | $306.5M+17.5% | $260.7M+0.2% | $260.3M-33.9% | $393.6M-6.1% | $419.0M-39.8% | $696.3M | $750.7M |
| Current Assets | $264.2M+16.9% | $226.0M+1.1% | $223.6M+31.4% | $170.2M+47.8% | $115.2M+23.2% | $93.5M+2.9% | $90.9M-4.4% | $95.1M+33.9% | $71.0M+27.2% | $55.8M-2.3% | $57.1M-55.9% | $129.6M+7.8% | $120.2M-52.8% | $255.0M | $327.3M |
| Cash & Equivalents | $73.0M+35.0% | $54.1M-19.4% | $67.1M+31.4% | $51.1M+293.3% | $13.0M-61.9% | $34.1M+696.5% | $4.3M-70.1% | $14.3M+118.6% | $6.5M-35.7% | $10.2M-56.5% | $23.4M+2736.7% | $824K-93.6% | $12.9M+1005.2% | $1.2M | $1.4M |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0 | $0 |
| Inventory | $55.2M+15.1% | $47.9M-2.6% | $49.2M+33.4% | $36.9M+5.8% | $34.9M+132.2% | $15.0M-10.1% | $16.7M+70.2% | $9.8M+158.4% | $3.8M+48.4% | $2.6M+37.6% | $1.9M-71.0% | $6.4M+15.6% | $5.6M-49.0% | $10.9M | $11.9M |
| Accounts Receivable | $40.0M-17.9% | $48.8M-2.1% | $49.8M+68.5% | $29.6M-27.6% | $40.8M+119.6% | $18.6M-47.4% | $35.4M-29.5% | $50.2M+37.4% | $36.5M+24.9% | $29.3M+68.5% | $17.4M-69.2% | $56.4M-12.2% | $64.3M-57.9% | $152.5M | $213.3M |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0 | $0 |
| Goodwill | $390K+8.0% | $361K-9.4% | $398K-0.7% | $401K-5.6% | $425K | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0-100.0% | $33.0M | $32.9M |
| Total Liabilities | $994.1M+9.7% | $906.6M+0.6% | $901.2M+81.1% | $497.8M+7.6% | $462.4M-0.2% | $463.1M-2.0% | $472.6M+19.5% | $395.5M+108.2% | $189.9M+33.4% | $142.4M+4.5% | $136.3M-40.8% | $230.2M-3.5% | $238.6M-57.6% | $563.2M | $622.8M |
| Current Liabilities | $299.6M+36.6% | $219.4M-10.6% | $245.4M+72.7% | $142.1M+12.8% | $126.0M+46.8% | $85.8M-29.3% | $121.4M+11.2% | $109.1M+76.1% | $62.0M+12.4% | $55.1M+22.5% | $45.0M-45.2% | $82.1M-6.5% | $87.9M-52.5% | $185.0M | $254.8M |
| Non-Current Liabilities | $694.5M+1.1% | $687.2M+4.8% | $655.8M+84.4% | $355.7M+5.7% | $336.4M-10.8% | $377.3M+7.4% | $351.2M+22.7% | $286.3M+123.8% | $127.9M+46.7% | $87.2M-4.4% | $91.3M-38.4% | $148.0M-1.8% | $150.7M-60.1% | $378.2M | $368.0M |
| Long-Term Debt | $546.8M+9.5% | $499.6M+7.9% | $463.0M+75.0% | $264.7M+10.5% | $239.5M-10.5% | $267.7M+10.7% | $241.8M+24.1% | $194.9M+248.2% | $56.0M+140.4% | $23.3M-23.4% | $30.4M-45.1% | $55.4M-21.4% | $70.5M-77.4% | $312.2M | $300.4M |
| Total Equity | $333.0M+23.3% | $270.2M-0.1% | $270.3M+19.6% | $226.1M+3.7% | $217.9M+11.9% | $194.8M+40.2% | $139.0M+26.6% | $109.7M-5.9% | $116.6M-1.5% | $118.4M-4.5% | $124.0M-24.1% | $163.4M-9.4% | $180.3M+35.5% | $133.1M | $127.9M |
| Retained Earnings | $128.7M+18.6% | $108.5M+16.4% | $93.2M+78.9% | $52.1M+461.1% | $9.3Mn/m | -$27.6Mn/m | -$61.6Mn/m | -$83.5Mn/m | -$101.6Mn/m | -$97.1Mn/m | -$92.1Mn/m | -$101.2Mn/m | -$106.6Mn/m | -$183.4M | -$186.0M |
NOA Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2540-F | FY2440-F | FY2340-F | FY2240-F | FY2140-F | FY2040-F | FY1940-F | FY1840-F | FY1740-F | FY1640-F | FY1540-F | FY1440-F | FY1340-F | FY1240-F | FY1240-F |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $192.6M+15.0% | $167.5M-20.5% | $210.6M+68.5% | $125.0M-3.3% | $129.3M+12.5% | $114.9M-5.7% | $121.9M+52.0% | $80.2M+101.7% | $39.7M+34.0% | $29.7M-46.7% | $55.7M+55.0% | $35.9M-33.5% | $54.0M-38.3% | $87.5M | $63.3M |
| Depreciation & Amortization | $169.8M+20.4% | $141.1M+30.7% | $107.9M+6.0% | $101.9M | N/A | N/A | N/A | $42.8M+19.7% | $35.7M+17.6% | $30.4M+5.0% | $28.9M-21.8% | $37.0M+7.9% | $34.3M-24.7% | $45.6M | $44.7M |
| Stock-Based Compensation | -$315K-105.2% | $6.0M-49.6% | $12.0M+239.4% | $3.5M-61.1% | $9.1M+495.9% | $1.5M-79.1% | $7.3M-13.8% | $8.5M+164.8% | $3.2M-28.9% | $4.5M+266.5% | $1.2M-57.0% | $2.8M-51.1% | $5.8M+993.9% | $532K | -$2.3M |
| Capital Expenditures | $205.0M-2.8% | $210.9M+37.3% | $153.6M+86.4% | $82.4M-6.5% | $88.1M-4.0% | $91.8M-24.2% | $121.1M+103.9% | $59.4M+38.2% | $43.0M+113.2% | $20.2M-14.1% | $23.5M-22.5% | $30.3M+2.8% | $29.5M-45.7% | $54.3M | $49.5M |
| Free Cash Flow | -$12.4Mn/m | -$43.4M-176.2% | $57.0M+33.7% | $42.6M+3.5% | $41.2M+78.1% | $23.1M+3164.1% | $708K-96.6% | $20.7Mn/m | -$3.2M-134.2% | $9.5M-70.5% | $32.2M+470.5% | $5.7M-77.0% | $24.6M-26.0% | $33.2M | $13.8M |
| Investing Cash Flow | -$193.1Mn/m | -$207.1Mn/m | -$185.5Mn/m | -$72.0Mn/m | -$77.7Mn/m | -$88.5Mn/m | -$124.0Mn/m | -$167.6Mn/m | -$26.8Mn/m | -$7.8M | N/A | N/A | N/A | N/A | -$64.3M |
| Financing Cash Flow | $15.7M-50.8% | $31.9Mn/m | -$5.9Mn/m | -$14.4Mn/m | -$72.6M-2150.1% | $3.5Mn/m | -$8.7M-109.1% | $95.7Mn/m | -$17.3Mn/m | -$35.8M | N/A | N/A | N/A | N/A | $1.6M |
| Dividends Paid | $9.8M+32.1% | $7.4M-2.7% | $7.6M+32.3% | $5.7M+65.9% | $3.5M+1.0% | $3.4M+75.2% | $2.0M+33.1% | $1.5M-15.8% | $1.7M+29.0% | $1.4M-43.1% | $2.4M+31.2% | $1.8Mn/m | $0 | N/A | N/A |
| Share Buybacks | $28.0M+836.6% | $3.0Mn/m | $0-100.0% | $25.2M+95.1% | $12.9M+81.0% | $7.1Mn/m | $0-100.0% | $7.0M-41.5% | $12.0M+74.5% | $6.9M+53.4% | $4.5M+167.1% | $1.7M-84.8% | $11.0Mn/m | $0 | N/A |
NOA Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2540-F | FY2440-F | FY2340-F | FY2240-F | FY2140-F | FY2040-F | FY1940-F | FY1840-F | FY1740-F | FY1640-F | FY1540-F | FY1440-F | FY1340-F | FY1240-F | FY1240-F |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 12.6%-5.4pp | 18.0%+2.0pp | 16.1%+2.8pp | 13.2%-0.6pp | 13.8%-4.7pp | 18.5%+5.1pp | 13.4%-3.4pp | 16.9%+3.3pp | 13.6%-1.6pp | 15.2%+3.8pp | 11.3%+0.5pp | 10.9%+1.2pp | 9.7%+5.7pp | 4.0% | 4.8% |
| Operating Margin | 8.5%-4.7pp | 13.2%+3.2pp | 10.0%+0.7pp | 9.3%+0.8pp | 8.4%-5.0pp | 13.5%+5.3pp | 8.2%+0.9pp | 7.3%+2.7pp | 4.6%+2.7pp | 1.8%+0.8pp | 1.0%-1.5pp | 2.5%+3.0pp | -0.6%+3.3pp | -3.9% | -2.2% |
| Net Margin | 2.6%-1.1pp | 3.8%-2.8pp | 6.6%-2.2pp | 8.8%+0.9pp | 7.9%-2.0pp | 9.9%+4.7pp | 5.1%+1.4pp | 3.7%+1.9pp | 1.8%+2.0pp | -0.2%+2.4pp | -2.7%-2.4pp | -0.3%-14.9pp | 14.7%+17.0pp | -2.3% | -3.2% |
| Return on Equity | 7.4%-3.9pp | 11.3%-6.4pp | 17.7%-4.3pp | 22.0%+3.6pp | 18.5%-1.4pp | 19.8%-0.7pp | 20.5%+10.3pp | 10.2%+6.6pp | 3.6%+3.9pp | -0.3%+4.1pp | -4.3%-3.7pp | -0.6%-36.7pp | 36.1%+46.4pp | -10.3% | -16.6% |
| Return on Assets | 1.9%-0.7pp | 2.6%-1.5pp | 4.1%-2.8pp | 6.9%+1.0pp | 5.9%+0.1pp | 5.9%+1.2pp | 4.7%+2.4pp | 2.2%+0.9pp | 1.4%+1.5pp | -0.1%+1.9pp | -2.1%-1.8pp | -0.3%-15.8pp | 15.5%+17.5pp | -2.0% | -2.8% |
| Current Ratio | 0.88-0.1x | 1.03+0.1x | 0.91-0.3x | 1.20+0.3x | 0.91-0.2x | 1.09+0.3x | 0.75-0.1x | 0.87-0.3x | 1.15+0.1x | 1.01-0.3x | 1.27-0.3x | 1.58+0.2x | 1.370.0x | 1.38 | 1.28 |
| Debt-to-Equity | 1.64-0.2x | 1.85+0.1x | 1.71+0.5x | 1.17+0.1x | 1.10-0.3x | 1.37-0.4x | 1.740.0x | 1.78+1.3x | 0.48+0.3x | 0.200.0x | 0.25-0.1x | 0.34-0.1x | 0.39-2.0x | 2.35 | 2.35 |
| Liabilities-to-Equity | 2.99-0.4x | 3.360.0x | 3.33+1.1x | 2.20+0.1x | 2.12-0.3x | 2.38-1.0x | 3.40-0.2x | 3.60+2.0x | 1.63+0.4x | 1.20+0.1x | 1.10-0.3x | 1.41+0.1x | 1.32-2.9x | 4.23 | 4.87 |
| Asset Turnover | 0.710.0x | 0.69+0.1x | 0.62-0.2x | 0.790.0x | 0.75+0.2x | 0.59-0.3x | 0.91+0.3x | 0.59-0.2x | 0.76+0.2x | 0.61-0.2x | 0.78-0.3x | 1.030.0x | 1.06+0.2x | 0.86 | 0.89 |
| FCF Margin | -1.3%+4.0pp | -5.4%-13.2pp | 7.8%+0.3pp | 7.5%-0.5pp | 8.0%+2.1pp | 5.9%+5.8pp | 0.1%-6.8pp | 6.9%+8.3pp | -1.4%-7.4pp | 6.0%-9.9pp | 15.9%+14.5pp | 1.4%-4.2pp | 5.6%0.0pp | 5.6% | 2.1% |
Note: The current ratio is below 1.0 (0.88), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| North American Construction Group Ltd. NOA | FY2025 | $936.6M | $24.7M | 2.6% | $301.2M | 47/100 |
| OIL STATES INTERNATIONAL, INC. OIS | FY2025 | $669.0M | -$109.4M | -16.4% | $512.1M | 44/100 |
| Flotek Industries, Inc. FTK | FY2025 | $237.3M | $30.5M | 12.9% | $909.1M | 55/100 |
| Natural Gas Services Group, Inc. NGS | FY2025 | $172.3M | $19.9M | 11.6% | $407.6M | 48/100 |
| Forum Energy Technologies, Inc. FET | FY2025 | $791.5M | -$9.7M | -1.2% | $995.0M | 43/100 |
| ProPetro Holding Corp. PUMP | FY2025 | $1.3B | $824K | 0.1% | $939.6M | 36/100 |
Where North American Construction Group Ltd. Ranks
Frequently Asked Questions
What is North American Construction Group Ltd.'s annual revenue?
North American Construction Group Ltd. (NOA) reported $936.6M in total revenue for fiscal year 2025. This represents a 15.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is North American Construction Group Ltd.'s revenue growing?
North American Construction Group Ltd. (NOA) revenue grew by 15.7% year-over-year, from $809.6M to $936.6M in fiscal year 2025.
Is North American Construction Group Ltd. profitable?
Yes, North American Construction Group Ltd. (NOA) reported a net income of $24.7M in fiscal year 2025, with a net profit margin of 2.6%.
What is North American Construction Group Ltd.'s EBITDA?
North American Construction Group Ltd. (NOA) had EBITDA of $249.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does North American Construction Group Ltd. have?
As of fiscal year 2025, North American Construction Group Ltd. (NOA) had $73.0M in cash and equivalents against $546.8M in long-term debt.
What is North American Construction Group Ltd.'s gross margin?
North American Construction Group Ltd. (NOA) had a gross margin of 12.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is North American Construction Group Ltd.'s operating margin?
North American Construction Group Ltd. (NOA) had an operating margin of 8.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is North American Construction Group Ltd.'s net profit margin?
North American Construction Group Ltd. (NOA) had a net profit margin of 2.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does North American Construction Group Ltd. pay dividends?
Yes, North American Construction Group Ltd. (NOA) paid $0.35 per share in dividends during fiscal year 2025.
What is North American Construction Group Ltd.'s return on equity (ROE)?
North American Construction Group Ltd. (NOA) has a return on equity of 7.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is North American Construction Group Ltd.'s free cash flow?
North American Construction Group Ltd. (NOA) recorded an outflow of $12.4M in free cash flow during fiscal year 2025. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is North American Construction Group Ltd.'s operating cash flow?
North American Construction Group Ltd. (NOA) generated $192.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are North American Construction Group Ltd.'s total assets?
North American Construction Group Ltd. (NOA) had $1.3B in total assets as of fiscal year 2025, including both current and long-term assets.
What are North American Construction Group Ltd.'s capital expenditures?
North American Construction Group Ltd. (NOA) invested $205.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is North American Construction Group Ltd.'s current ratio?
North American Construction Group Ltd. (NOA) had a current ratio of 0.88 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is North American Construction Group Ltd.'s debt-to-equity ratio?
North American Construction Group Ltd. (NOA) had a debt-to-equity ratio of 1.64 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
What is North American Construction Group Ltd.'s liabilities-to-equity ratio?
North American Construction Group Ltd. (NOA) had a liabilities-to-equity ratio of 2.99 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
What is North American Construction Group Ltd.'s return on assets (ROA)?
North American Construction Group Ltd. (NOA) had a return on assets of 1.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is North American Construction Group Ltd.'s P/E ratio?
North American Construction Group Ltd. (NOA) trades at 12.2x earnings, its market capitalization divided by $24.7M net income, FY2025. The market capitalization is $301.2M as of Oct 22, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is North American Construction Group Ltd.'s price-to-sales ratio?
North American Construction Group Ltd. (NOA) trades at 0.3x sales, its market capitalization divided by $936.6M revenue, FY2025. The market capitalization is $301.2M as of Oct 22, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is North American Construction Group Ltd.'s Altman Z-Score?
North American Construction Group Ltd. (NOA) has an Altman Z-Score of 1.19, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is North American Construction Group Ltd.'s Piotroski F-Score?
North American Construction Group Ltd. (NOA) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are North American Construction Group Ltd.'s earnings high quality?
North American Construction Group Ltd. (NOA) has an earnings quality ratio of 7.81x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can North American Construction Group Ltd. cover its interest payments?
North American Construction Group Ltd. (NOA) has an interest coverage ratio of 1.88x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is North American Construction Group Ltd.?
North American Construction Group Ltd. (NOA) scores 47 out of 100 on our Financial Health Score, indicating moderate standing within its energy companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.