North American Construction Group Ltd. NOA
Company Overview
North American Construction Group Ltd. provides mining and heavy civil construction services to customers in the resource development and industrial construction sectors in Australia, Canada, and the United States. It operates through Heavy Equipment - Canada, Heavy Equipment - Australia, and Other segments. The company offers mine management services for a thermal coal mine; and construction and operations support services in Canadian oil sands region. It also provides fully maintained heavy equipment rentals at metallurgical and thermal coal mines; heavy equipment rentals to iron ore, gold and lithium producers; and heavy equipment maintenance, component remanufacturing, and full equipment rebuild services to mining companies and other heavy equipment operators, as well as supplies production-critical components to the mining and construction industry. The company was formerly known as North American Energy Partners Inc. and changed its name to North American Construction Group Ltd. in April 2018. North American Construction Group Ltd. was incorporated in 1953 and is headquartered in Acheson, Canada.
Why Investors Should Care
Revenue has grown at a 18.6% CAGR over the past five years.
Trades at an undemanding P/E of 17.0.
Offers a dividend yield of 2.69%.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Dec 2025 Revenue of $1.28B (+10.2% YoY); net profit $33.83M.
- Trailing 12 Months Year-on-year growth — revenue +25.1%, earnings +1.9%.
- 5-Year Trend Long-term compounding — revenue CAGR 18.6%, profit CAGR -20.5%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 18.62% |
| 1 Year: | 25.10% |
Compounded Profit Growth
| 5 Years: | -20.51% |
| 1 Year: | 1.90% |
Stock Price Performance
| 1 Year: | -17.95% |
| 6 Months: | -15.87% |
| 3 Months: | -2.37% |
| 1 Month: | -6.19% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMABelow
- RSI (14)50.42 · Neutral
P/E of 16.99 is above the sector median of 15.76 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Compounding revenue at 18.6% over 5 years.
- Attractive dividend yield of 2.69%.
- Generates positive free cash flow.
CONS
- Earnings shrank at -20.5% CAGR over 5 years.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Energy).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | NOA North American Construction Group Ltd. | 13.59 | 16.99 | $365.76M | 2.69% | 7.81% | 6.88% | 18.62% | -20.51% |
| 2 | XOM ExxonMobil Holdings Corporation SPXR3K | 160.66 | 20.68 | $660.62B | 2.52% | 9.01% | 12.58% | 0.48% | -1.99% |
| 3 | CVX Chevron Corporation SPXR3K | 209.80 | 20.19 | $411.54B | 3.39% | - | 12.23% | -1.00% | -2.30% |
| 4 | TTE TotalEnergies SE | 90.10 | 11.28 | $199.03B | 4.63% | 10.04% | 14.48% | -11.53% | -13.84% |
| 5 | COP ConocoPhillips SPXR3K | 135.04 | 17.86 | $162.23B | 2.49% | 10.31% | 14.18% | -9.11% | -24.66% |
| 6 | MPC Marathon Petroleum Corporation SPXR3K | 397.77 | 13.80 | $116.12B | 0.95% | 12.90% | 42.10% | 6.91% | 14.73% |
| 7 | BP BP p.l.c. | 44.88 | 21.47 | $115.58B | 4.49% | 7.99% | 8.87% | -7.78% | - |
| 8 | ENB Enbridge Inc. | 50.48 | 26.99 | $110.25B | 5.55% | 5.84% | 9.22% | 6.94% | 35.62% |
| 9 | VLO Valero Energy Corporation SPXR3K | 369.75 | 15.43 | $106.46B | 1.16% | 9.83% | 27.64% | 6.23% | -4.61% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Revenue | - | 340.83M | 320.63M | 317.25M | 305.58M | 319.22M |
| Cost of Revenue | - | 302.94M | 284.80M | 267.52M | 266.74M | 276.41M |
| Gross Profit | - | 37.89M | 35.83M | 49.72M | 38.84M | 42.81M |
| Operating Expenses | - | 8.28M | 13.15M | 13.24M | 17.61M | 21.00M |
| Operating Income | - | 29.61M | 22.68M | 36.49M | 21.23M | 21.82M |
| EBITDA | - | 84.06M | 83.96M | 87.51M | 74.33M | 81.78M |
| Interest Expense | - | 12.93M | 13.43M | 14.49M | 15.29M | 15.97M |
| Pretax Income | - | 10.41M | 16.02M | 23.52M | 6.52M | 9.80M |
| Tax Provision | - | 4.24M | 5.77M | 6.23M | 6.40M | 4.24M |
| Net Income | - | 6.16M | 10.25M | 17.30M | 125.00K | 5.55M |
| Diluted EPS | - | 0.21 | 0.33 | 0.56 | - | 0.19 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue | - | 769.54M | 964.68M | 1.17B | 1.28B |
| Cost of Revenue | - | 667.99M | 809.85M | 955.80M | 1.12B |
| Gross Profit | - | 101.55M | 154.83M | 209.98M | 162.28M |
| Operating Expenses | - | 29.86M | 56.84M | 55.95M | 52.28M |
| Operating Income | - | 71.69M | 97.99M | 154.03M | 110.00M |
| EBITDA | - | 227.18M | 252.59M | 301.31M | 329.85M |
| Interest Expense | - | 23.47M | 35.31M | 56.34M | 56.15M |
| Pretax Income | - | 84.44M | 85.96M | 59.97M | 56.47M |
| Tax Provision | - | 17.07M | 22.82M | 15.96M | 22.64M |
| Net Income | - | 67.37M | 63.14M | 44.01M | 33.83M |
| Diluted EPS | - | 2.15 | 2.09 | 1.51 | 1.14 |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Total Assets | - | 979.51M | 1.55B | 1.69B | 1.82B |
| Current Assets | - | 230.36M | 295.20M | 325.47M | 362.22M |
| Cash & Equivalents | - | 69.14M | 88.61M | 77.88M | 100.13M |
| Inventory | - | 49.90M | 64.96M | 69.03M | 75.66M |
| Receivables | - | 72.83M | 81.94M | 141.34M | 114.92M |
| Total Liabilities | - | 673.59M | 1.19B | 1.31B | 1.36B |
| Current Liabilities | - | 192.30M | 324.02M | 315.96M | 410.86M |
| Long Term Debt | - | 378.45M | 611.31M | 719.40M | 749.83M |
| Total Debt | - | 435.39M | 717.05M | 825.10M | 936.63M |
| Total Equity | - | 305.92M | 356.65M | 389.04M | 456.62M |
| Shares Outstanding | - | 27.83M | 27.83M | 27.70M | 28.82M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | 169.20M | 278.09M | 241.22M | 264.09M |
| Investing Cash Flow | - | -97.47M | -244.88M | -298.30M | -264.83M |
| Financing Cash Flow | - | -19.49M | -7.75M | 45.98M | 21.56M |
| Capital Expenditure | - | -115.26M | -203.49M | -307.95M | -285.36M |
| Free Cash Flow | - | 53.94M | 74.60M | -66.74M | -21.27M |
| Net Change in Cash | - | 52.24M | 25.46M | -11.09M | 20.82M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Gross Margin % | - | 13.2% | 16.1% | 18.0% | 12.6% |
| Operating Margin % | - | 9.3% | 10.2% | 13.2% | 8.6% |
| Net Margin % | - | 8.8% | 6.5% | 3.8% | 2.6% |
| ROE % | - | 22.0% | 17.7% | 11.3% | 7.4% |
| ROCE % | - | 9.1% | 8.0% | 11.2% | 7.8% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Claret Asset Management Corp | 7.38% | 2.04M | $25.87M |
| 2 | Bank of Montreal /CAN/ | 5.15% | 1.42M | $18.04M |
| 3 | National Bank of Canada/FI/ | 5.06% | 1.40M | $17.73M |
| 4 | CIBC Asset Management Inc. | 4.91% | 1.35M | $17.20M |
| 5 | Aegis Financial Corporation | 3.76% | 1.04M | $13.18M |
| 6 | Cannell Capital LLC | 2.84% | 783.69K | $9.95M |
| 7 | Morgan Stanley | 2.78% | 766.61K | $9.74M |
| 8 | Arrowstreet Capital, Limited Partnership | 2.43% | 672.04K | $8.53M |
| 9 | American Century Companies Inc | 2.30% | 635.09K | $8.07M |
| 10 | Connor Clark & Lunn Investment Management Ltd | 2.19% | 604.40K | $7.68M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for NOA
North American Construction (NOA) Q2 2026 Earnings Call Transcript
Record backlog of $3.8 billion supports stronger earnings visibility ahead.
North American Construction Group Q2 Earnings Call Highlights
North American Construction Group (NYSE:NOA) raised its 2026 combined revenue outlook after reporting stronger-than-expected first-half performance, supported by growth in Australia, the contribution from its IMC acquisition and improved op…
North American Construction (NOA) Lags Q2 Earnings Estimates
North American Construction (NOA) delivered earnings and revenue surprises of -20.69% and +14.52%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?…
North American Construction Group Ltd. Announces Results for the Second Quarter Ended June 30, 2026
Raises Full Year 2026 Combined Revenue Guidance on Record Q2 Top-Line PerformanceACHESON, Alberta, Aug. 12, 2026 (GLOBE NEWSWIRE) -- North American Construction Group Ltd. ("NACG") (TSX:NOA/NYSE:NOA) today announced results for the second q…
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NOA — Frequently Asked Questions
What is the current share price of North American Construction Group Ltd. (NOA)?
As of 2026-09-19 21:16 PDT, North American Construction Group Ltd. (NOA) trades at $13.59 on NYSE. Its 52-week range is $11.87 to $16.57.
What is the market capitalisation of NOA?
North American Construction Group Ltd. (NOA) has a market capitalisation of $365.76M on NYSE.
What is the P/E ratio of NOA?
NOA trades at a trailing price-to-earnings (P/E) ratio of 16.99. The industry average P/E is 15.76. Its price-to-book (P/B) ratio is 0.98.
Does NOA pay a dividend?
North American Construction Group Ltd. (NOA) currently offers a dividend yield of 2.69%.
What is the return on equity (ROE) of NOA?
NOA has a return on equity (ROE) of 6.88%. Its return on capital employed (ROCE) is 7.81%.
Is NOA a good stock to buy?
This page provides a data-driven analysis of North American Construction Group Ltd. (NOA), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.