North American Construction Group Ltd.

NYSE:NOA Stock Report

Market Cap: US$407.8m

North American Construction Group Past Earnings Performance

Past criteria checks 0/6

North American Construction Group's earnings have been declining at an average annual rate of -3.4%, while the Energy Services industry saw earnings growing at 51.4% annually. Revenues have been growing at an average rate of 19.8% per year. North American Construction Group's return on equity is 7.4%, and it has net margins of 2.6%.

Key information

-3.36%

Earnings growth rate

-2.45%

EPS growth rate

Energy Services Industry Growth23.71%
Revenue growth rate19.78%
Return on equity7.41%
Net Margin2.63%
Last Earnings Update31 Dec 2025

Recent past performance updates

Recent updates

Stronger Backlog, Higher Leverage: North American Construction's Strategy Tested

Mar 17

North American Construction Will Start To Fire From All Cylinders (Upgrade)

Jan 06

North American Construction Group: Steady Project Flows Curtailed By Utilization Concerns

Jul 04

North American Construction - MacKellar Acquisition Makes This Too Cheap To Ignore

Jan 17

Bonhoeffer Capital - North American Construction Group: Awash With Competitive Advantages And Barriers To Entry

Dec 29

North American Construction Group: Interesting Indirect Mining Play

Sep 12

North American Construction Group: Heading For Mixed Days (Rating Downgrade)

Jul 07

Revenue & Expenses Breakdown

How North American Construction Group makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:NOA Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 251,28434500
30 Sep 251,28437530
30 Jun 251,25434510
31 Mar 251,21039490
31 Dec 241,16644550
30 Sep 241,18858540
30 Jun 241,09955560
31 Mar 241,01753570
31 Dec 2396563570
30 Sep 2387072500
30 Jun 2386480450
31 Mar 2383776380
31 Dec 2277067300
30 Sep 2271757240
30 Jun 2269250240
31 Mar 2266346330
31 Dec 2165451360
30 Sep 2160946420
30 Jun 2153639420
31 Mar 2146750350
31 Dec 2049849270
30 Sep 2055247250
30 Jun 2062548260
31 Mar 2073149240
31 Dec 1971937370
30 Sep 1966131380
30 Jun 1957925410
31 Mar 1948211440
31 Dec 1841015390
30 Sep 1836115360
30 Jun 1834613300
31 Mar 183147270
31 Dec 172935250
30 Sep 172732260
30 Jun 172511270
31 Mar 172283280
31 Dec 162130270
30 Sep 16216-1280
30 Jun 16235-1280
31 Mar 16275-1270
31 Dec 15281-7260
30 Sep 15329-8240
30 Jun 15397-1250

Quality Earnings: NOA has a large one-off gain of CA$26.1M impacting its last 12 months of financial results to 31st December, 2025.

Growing Profit Margin: NOA's current net profit margins (2.6%) are lower than last year (3.8%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: NOA's earnings have declined by 3.4% per year over the past 5 years.

Accelerating Growth: NOA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: NOA had negative earnings growth (-23.1%) over the past year, making it difficult to compare to the Energy Services industry average (-30.7%).

Return on Equity

High ROE: NOA's Return on Equity (7.4%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/15 00:37
End of Day Share Price 2026/04/15 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

North American Construction Group Ltd. is covered by 12 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tim MonachelloATB Cormark
John GibsonBMO Capital Markets Equity Research
Yuri LynkCanaccord Genuity