NOA
North American Construction Group Ltd
NYSE: NOA · ENERGY · OIL & GAS EQUIPMENT & SERVICES
$14.67
+1.59% today
Updated 2026-04-30
Market cap
$407.47M
P/E ratio
17.28
P/S ratio
0.32x
EPS (TTM)
$0.83
Dividend yield
3.31%
52W range
$12 – $18
Volume
0.1M
North American Construction Group Ltd (NOA) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $629.95M | $989.70M | $972.54M | $758.97M | $858.05M | $1.01B | $544.61M | $470.48M | $471.78M | $281.28M | $213.18M | $292.56M | $410.06M | $719.07M | $498.47M | $654.14M | $769.54M | $957.22M | $1.17B | $1.28B |
| Revenue growth (YoY) | — | +57.1% | -1.7% | -22.0% | +13.1% | +17.3% | -45.9% | -13.6% | +0.3% | -40.4% | -24.2% | +37.2% | +40.2% | +75.4% | -30.7% | +31.2% | +17.6% | +24.4% | +21.8% | +10.1% |
| Cost of revenue | $505.98M | $789.65M | $797.23M | $619.68M | $799.91M | $945.64M | $510.73M | $424.75M | $420.38M | $249.39M | $180.84M | $252.91M | $340.99M | $622.65M | $406.25M | $563.73M | $667.99M | $803.00M | $955.74M | $1.12B |
| Gross profit | $123.97M | $200.05M | $175.31M | $139.28M | $58.14M | $60.90M | $33.88M | $45.74M | $51.40M | $31.89M | $32.34M | $39.65M | $69.08M | $96.41M | $92.22M | $90.42M | $101.55M | $154.22M | $210.05M | $160.20M |
| Gross margin | 19.7% | 20.2% | 18.0% | 18.4% | 6.8% | 6.1% | 6.2% | 9.7% | 10.9% | 11.3% | 15.2% | 13.6% | 16.8% | 13.4% | 18.5% | 13.8% | 13.2% | 16.1% | 18.0% | 12.5% |
| R&D | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — |
| SG&A | $30.90M | $69.67M | $74.41M | $62.53M | $59.93M | $54.40M | $44.08M | $39.90M | $33.46M | $26.30M | $27.22M | $25.30M | $38.84M | $36.93M | $24.44M | $35.37M | $29.86M | $56.84M | $55.95M | $50.33M |
| Operating income | $51.13M | $92.40M | $105.39M | $73.47M | $-10.83M | $-390000.00 | $-16.02M | $-2.68M | $11.60M | $2.84M | $3.92M | $13.41M | $29.98M | $58.80M | $67.12M | $55.13M | $71.16M | $95.71M | $153.33M | $109.91M |
| Operating margin | 8.1% | 9.3% | 10.8% | 9.7% | -1.3% | -0.0% | -2.9% | -0.6% | 2.5% | 1.0% | 1.8% | 4.6% | 7.3% | 8.2% | 13.5% | 8.4% | 9.2% | 10.0% | 13.2% | 8.6% |
| EBITDA | $117.21M | $167.66M | $-52.57M | $115.68M | $34.92M | $55.49M | $26.41M | $38.28M | $59.27M | $42.51M | $47.97M | $57.65M | $88.40M | $163.04M | $167.00M | $186.74M | $227.18M | $252.59M | $283.06M | $328.92M |
| EBITDA margin | 18.6% | 16.9% | -5.4% | 15.2% | 4.1% | 5.5% | 4.8% | 8.1% | 12.6% | 15.1% | 22.5% | 19.7% | 21.6% | 22.7% | 33.5% | 28.5% | 29.5% | 26.4% | 24.3% | 25.6% |
| EBIT | $82.16M | $129.13M | $-91.76M | $71.33M | $-8.06M | $885000.00 | $-15.01M | $-1.49M | $12.70M | $477000.00 | $5.48M | $13.55M | $31.30M | $60.75M | $78.22M | $78.72M | $107.91M | $121.28M | $116.38M | $109.91M |
| Interest expense | $60.52M | $80.36M | $32.22M | $26.08M | $29.99M | $30.32M | $22.14M | $17.65M | $10.64M | $8.06M | $5.41M | $6.29M | $8.22M | $16.76M | $14.79M | $18.03M | $23.49M | $36.95M | $56.34M | $58.88M |
| Income tax | $-2.59M | $17.38M | $14.72M | $13.68M | $-6.45M | $-7.22M | $-8.84M | $-6.10M | $-31000.00 | $-114000.00 | $-49000.00 | $1.20M | $6.10M | $2.86M | $11.26M | $9.29M | $17.07M | $22.82M | $15.95M | — |
| Effective tax rate | -14.0% | 30.4% | -11.8% | 32.6% | 15.7% | 25.4% | 85.8% | -9.7% | 2.6% | 1.5% | 9.9% | 18.6% | 28.5% | 7.2% | 18.6% | 15.3% | 20.2% | 26.5% | 26.6% | 0.0% |
| Net income | $21.08M | $39.78M | $-139.51M | $28.22M | $-34.65M | $-21.16M | $-1.46M | $69.18M | $-1.17M | $-7.47M | $-445000.00 | $5.26M | $15.29M | $36.88M | $49.21M | $51.41M | $67.37M | $63.14M | $44.09M | $33.81M |
| Net income growth (YoY) | — | +88.7% | -450.7% | +120.2% | -222.8% | +38.9% | +93.1% | +4828.9% | -101.7% | -539.0% | +94.0% | +1282.9% | +190.4% | +141.3% | +33.4% | +4.5% | +31.1% | -6.3% | -30.2% | -23.3% |
| Profit margin | 3.3% | 4.0% | -14.3% | 3.7% | -4.0% | -2.1% | -0.3% | 14.7% | -0.2% | -2.7% | -0.2% | 1.8% | 3.7% | 5.1% | 9.9% | 7.9% | 8.8% | 6.6% | 3.8% | 2.6% |