North American Construction Group Ltd. share price today
North American Construction Group Ltd. · NOA · Energy · Oil & Gas Equipment & Services · price as of the 4 November 2026 close, updated every trading day · results updated weekly · All US stock lists
North American Construction Group Ltd. share price: $11.43 at the close on 4 November 2026, −17.2% in a year.
North American Construction Group Ltd.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer.
Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business.
The price has been between phases. Over the last four quarters, results have been deteriorating, with profit −8.5% on a year earlier, and 556% of the last 3 years' profit came in as cash. What will decide it: the next one or two quarters of results.
What is the North American Construction Group Ltd. share price today?
North American Construction Group Ltd.'s share price was $11.43 at the close on 4 November 2026. That is 17.7% below its average price over the last 200 trading days. In the last 52 weeks it traded between $11 and $17, and at that close it sat 1% of the way up from that low.
A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). The phase helps read everything below.
Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 32 weeks running.
Nov 2026: $11.43, 17.7% below its 200-day average.
- Price $11.43
- 50-day avg $12.39
- 200-day avg $13.89
| Week | Price | 50-day avg | 200-day avg |
|---|---|---|---|
| 11 Jul 2025 | $15.98 | – | – |
| 18 Jul 2025 | $15.31 | – | – |
| 25 Jul 2025 | $15.39 | – | – |
| 1 Aug 2025 | $14.94 | – | – |
| 8 Aug 2025 | $16.40 | – | – |
| 15 Aug 2025 | $12.31 | – | – |
| 22 Aug 2025 | $13.56 | – | – |
| 29 Aug 2025 | $13.67 | – | – |
| 5 Sep 2025 | $13.37 | – | – |
| 12 Sep 2025 | $13.67 | – | – |
| 19 Sep 2025 | $13.52 | $14.40 | – |
| 26 Sep 2025 | $13.83 | $14.23 | – |
| 3 Oct 2025 | $14.34 | $14.11 | – |
| 10 Oct 2025 | $13.45 | $14.01 | – |
| 17 Oct 2025 | $14.38 | $13.93 | – |
| 24 Oct 2025 | $15.24 | $13.86 | – |
| 31 Oct 2025 | $15.58 | $14.14 | – |
| 7 Nov 2025 | $13.80 | $14.23 | – |
| 14 Nov 2025 | $13.90 | $14.27 | – |
| 21 Nov 2025 | $13.57 | $14.27 | – |
| 28 Nov 2025 | $14.35 | $14.29 | – |
| 5 Dec 2025 | $14.08 | $14.35 | – |
| 12 Dec 2025 | $13.74 | $14.30 | – |
| 19 Dec 2025 | $13.09 | $14.23 | – |
| 26 Dec 2025 | $13.80 | $14.21 | – |
| 2 Jan 2026 | $14.69 | $14.19 | – |
| 9 Jan 2026 | $15.13 | $14.16 | – |
| 16 Jan 2026 | $15.60 | $14.20 | – |
| 23 Jan 2026 | $15.14 | $14.32 | – |
| 30 Jan 2026 | $14.95 | $14.43 | – |
| 6 Feb 2026 | $16.03 | $14.60 | – |
| 13 Feb 2026 | $16.20 | $14.78 | – |
| 20 Feb 2026 | $16.47 | $14.96 | – |
| 27 Feb 2026 | $16.68 | $15.24 | – |
| 6 Mar 2026 | $16.54 | $15.54 | – |
| 13 Mar 2026 | $12.76 | $15.64 | – |
| 20 Mar 2026 | $13.60 | $15.51 | – |
| 27 Mar 2026 | $13.32 | $15.37 | – |
| 2 Apr 2026 | $13.57 | $15.18 | – |
| 10 Apr 2026 | $14.34 | $15.07 | – |
| 17 Apr 2026 | $13.99 | $15.02 | – |
| 24 Apr 2026 | $14.49 | $14.82 | $14.57 |
| 1 May 2026 | $14.73 | $14.65 | $14.54 |
| 8 May 2026 | $14.68 | $14.47 | $14.52 |
| 15 May 2026 | $15.29 | $14.28 | $14.51 |
| 22 May 2026 | $14.80 | $14.19 | $14.51 |
| 29 May 2026 | $13.83 | $14.26 | $14.46 |
| 5 Jun 2026 | $13.74 | $14.24 | $14.47 |
| 12 Jun 2026 | $13.51 | $14.26 | $14.48 |
| 18 Jun 2026 | $13.52 | $14.24 | $14.48 |
| 26 Jun 2026 | $13.59 | $14.15 | $14.49 |
| 2 Jul 2026 | $12.91 | $14.10 | $14.48 |
| 10 Jul 2026 | $13.67 | $14.01 | $14.47 |
| 17 Jul 2026 | $13.26 | $13.88 | $14.46 |
| 24 Jul 2026 | $13.92 | $13.80 | $14.44 |
| 31 Jul 2026 | $13.60 | $13.64 | $14.42 |
| 7 Aug 2026 | $14.58 | $13.61 | $14.41 |
| 14 Aug 2026 | $13.85 | $13.70 | $14.40 |
| 21 Aug 2026 | $14.02 | $13.69 | $14.36 |
| 28 Aug 2026 | $13.13 | $13.67 | $14.34 |
| 4 Sep 2026 | $13.35 | $13.65 | $14.33 |
| 11 Sep 2026 | $13.49 | $13.67 | $14.33 |
| 18 Sep 2026 | $12.70 | $13.63 | $14.30 |
| 25 Sep 2026 | $12.30 | $13.53 | $14.26 |
| 2 Oct 2026 | $12.18 | $13.38 | $14.21 |
| 9 Oct 2026 | $11.80 | $13.22 | $14.17 |
| 16 Oct 2026 | $11.59 | $13.00 | $14.11 |
| 23 Oct 2026 | $11.38 | $12.65 | $14.03 |
| 30 Oct 2026 | $11.99 | $12.51 | $13.95 |
| 4 Nov 2026 | $11.43 | $12.39 | $13.89 |
Week by week since 2025: did it beat the S&P 500 over the past 13 weeks?
Ahead in 11 of 57 weeks
| Week | 13-week return vs S&P 500 |
|---|---|
| 11 Jul 2025 | no S&P 500 reading |
| 18 Jul 2025 | no S&P 500 reading |
| 25 Jul 2025 | no S&P 500 reading |
| 1 Aug 2025 | no S&P 500 reading |
| 8 Aug 2025 | no S&P 500 reading |
| 15 Aug 2025 | no S&P 500 reading |
| 22 Aug 2025 | no S&P 500 reading |
| 29 Aug 2025 | no S&P 500 reading |
| 5 Sep 2025 | no S&P 500 reading |
| 12 Sep 2025 | no S&P 500 reading |
| 19 Sep 2025 | no S&P 500 reading |
| 26 Sep 2025 | no S&P 500 reading |
| 3 Oct 2025 | no S&P 500 reading |
| 10 Oct 2025 | −20.5% |
| 17 Oct 2025 | −11.9% |
| 24 Oct 2025 | −7.3% |
| 31 Oct 2025 | −5.4% |
| 7 Nov 2025 | −21.2% |
| 14 Nov 2025 | +8.5% |
| 21 Nov 2025 | −2.1% |
| 28 Nov 2025 | −1.0% |
| 5 Dec 2025 | −0.6% |
| 12 Dec 2025 | −3.2% |
| 19 Dec 2025 | −5.7% |
| 26 Dec 2025 | −4.5% |
| 2 Jan 2026 | +0.4% |
| 9 Jan 2026 | +6.2% |
| 16 Jan 2026 | +4.4% |
| 23 Jan 2026 | −2.4% |
| 30 Jan 2026 | −5.5% |
| 6 Feb 2026 | +13.2% |
| 13 Feb 2026 | +15.1% |
| 20 Feb 2026 | +16.8% |
| 27 Feb 2026 | +15.9% |
| 6 Mar 2026 | +19.4% |
| 13 Mar 2026 | −4.3% |
| 20 Mar 2026 | +8.6% |
| 27 Mar 2026 | +4.7% |
| 2 Apr 2026 | −3.6% |
| 10 Apr 2026 | −3.1% |
| 17 Apr 2026 | −13.0% |
| 24 Apr 2026 | −7.9% |
| 1 May 2026 | −5.6% |
| 8 May 2026 | −15.2% |
| 15 May 2026 | −14.0% |
| 22 May 2026 | −18.3% |
| 29 May 2026 | −27.4% |
| 5 Jun 2026 | −26.6% |
| 12 Jun 2026 | −6.1% |
| 18 Jun 2026 | −15.7% |
| 26 Jun 2026 | −12.9% |
| 2 Jul 2026 | −18.4% |
| 10 Jul 2026 | −15.8% |
| 17 Jul 2026 | −9.9% |
| 24 Jul 2026 | −7.4% |
| 31 Jul 2026 | −11.3% |
| 7 Aug 2026 | −5.5% |
| 14 Aug 2026 | −14.4% |
| 21 Aug 2026 | −8.0% |
| 28 Aug 2026 | −6.8% |
| 4 Sep 2026 | −7.3% |
| 11 Sep 2026 | −3.2% |
| 18 Sep 2026 | −8.1% |
| 25 Sep 2026 | −15.3% |
| 2 Oct 2026 | −9.0% |
| 9 Oct 2026 | −16.8% |
| 16 Oct 2026 | −15.3% |
| 23 Oct 2026 | −21.1% |
| 30 Oct 2026 | −13.0% |
| 4 Nov 2026 | −20.8% |
Over the last 1 year the share price moved −28% while the S&P 500 moved +23%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 27 March 2026. The chart above shows the 13-week comparison for every week.
This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.
What dividend does North American Construction Group Ltd. pay?
North American Construction Group Ltd. paid $0.48 per share over the last four reported quarters. The most recent declaration was $0.12 for Jun 2026. At today's price of $11.43 that is a yield of 4.20%, based on dividends already paid, not a forecast.
A dividend is cash paid out for each share. The 12-month total is the four most recent quarters added together.
Dividend per share each quarter: latest $0.12 (Jun 2026)
- Dividend per share $0.12
| Quarter | Dividend per share |
|---|---|
| Sep 2023 | $0.10 |
| Dec 2023 | $0.10 |
| Mar 2024 | $0.10 |
| Jun 2024 | $0.10 |
| Sep 2024 | $0.10 |
| Dec 2024 | $0.12 |
| Mar 2025 | $0.12 |
| Jun 2025 | $0.12 |
| Sep 2025 | $0.12 |
| Dec 2025 | $0.12 |
| Mar 2026 | $0.12 |
| Jun 2026 | $0.12 |
Which stock lists is North American Construction Group Ltd. on?
North American Construction Group Ltd. is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list.
Is North American Construction Group Ltd. profitable?
North American Construction Group Ltd. earned $9.4 M of net profit in the Jun 2026 quarter, −8.5% on the same quarter a year earlier. Full-year FY25 profit was $33.8 M. Over 4 years profit has grown −9.9% a year on average. That is 2.3% of the quarter's revenue. The same quarter a year earlier earned $10.3 M.
Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.
For the full year, FY25 profit was $33.8 M (−23.1% on the year before).
FY25 profit $33.8 M (−23.1% on the year before), −9.9% a year over 4 years
- Net profit $33.8 M
| Quarter | Net profit |
|---|---|
| FY21 | $51.4 M |
| FY22 | $67.4 M |
| FY23 | $63.1 M |
| FY24 | $44.0 M |
| FY25 | $33.8 M |
Growth on a year earlier
- Growth on a year earlier −23.1%
| Quarter | Growth on a year earlier |
|---|---|
| FY21 | – |
| FY22 | 31.1% |
| FY23 | −6.3% |
| FY24 | −30.3% |
| FY25 | −23.1% |
Jun 2026: $9.4 M (−8.5% on a year earlier)
- Net profit (quarterly) $9.4 M
| Quarter | Net profit (quarterly) |
|---|---|
| Sep 2023 | $11.4 M |
| Dec 2023 | $17.6 M |
| Mar 2024 | $11.5 M |
| Jun 2024 | $14.5 M |
| Sep 2024 | $14.5 M |
| Dec 2024 | $3.5 M |
| Mar 2025 | $6.2 M |
| Jun 2025 | $10.3 M |
| Sep 2025 | $17.3 M |
| Dec 2025 | $0.1 M |
| Mar 2026 | $5.6 M |
| Jun 2026 | $9.4 M |
Growth on a year earlier
- Growth on a year earlier −8.5%
| Quarter | Growth on a year earlier |
|---|---|
| Sep 2023 | −43.7% |
| Dec 2023 | −32.3% |
| Mar 2024 | −47.3% |
| Jun 2024 | 18.3% |
| Sep 2024 | 27.2% |
| Dec 2024 | −80.1% |
| Mar 2025 | −46.5% |
| Jun 2025 | −29.3% |
| Sep 2025 | 19.4% |
| Dec 2025 | −96.4% |
| Mar 2026 | −9.9% |
| Jun 2026 | −8.5% |
Why profit moved: revenue changed +25.1% on a year earlier and the margin moved −0.4 percentage points. Sales did the work, and the margin was about flat.
On average over the last four quarters, profit changed −23.9% and revenue +7.4%. Profit is growing slower than sales: rising costs are taking part of the growth.
How much revenue does North American Construction Group Ltd. make, and is it growing?
North American Construction Group Ltd. reported $401 M of revenue in the Jun 2026 quarter, +25.1% on the same quarter a year earlier. Over 4 years it has grown 18.4% a year on average. The last full year, FY25, came in at $1.3 B. The last four reported quarters add to $1.3 B.
Revenue is everything the company billed its customers in the period.
FY25 revenue was $1.3 B, +10.2% on the year before.
FY25 revenue $1.3 B (+10.2% on the year before), 18.4% a year over 4 years
- Revenue $1.3 B
| Quarter | Revenue |
|---|---|
| FY21 | $654 M |
| FY22 | $770 M |
| FY23 | $965 M |
| FY24 | $1.2 B |
| FY25 | $1.3 B |
Growth on a year earlier
- Growth on a year earlier 10.2%
| Quarter | Growth on a year earlier |
|---|---|
| FY21 | – |
| FY22 | 17.6% |
| FY23 | 25.4% |
| FY24 | 20.8% |
| FY25 | 10.2% |
Jun 2026: $401 M (+25.1% on a year earlier)
- Revenue (quarterly) $401 M
| Quarter | Revenue (quarterly) |
|---|---|
| Sep 2023 | $197 M |
| Dec 2023 | $328 M |
| Mar 2024 | $297 M |
| Jun 2024 | $276 M |
| Sep 2024 | $287 M |
| Dec 2024 | $306 M |
| Mar 2025 | $341 M |
| Jun 2025 | $321 M |
| Sep 2025 | $317 M |
| Dec 2025 | $306 M |
| Mar 2026 | $319 M |
| Jun 2026 | $401 M |
Growth on a year earlier
- Growth on a year earlier 25.1%
| Quarter | Growth on a year earlier |
|---|---|
| Sep 2023 | 2.9% |
| Dec 2023 | 40.6% |
| Mar 2024 | 21.6% |
| Jun 2024 | 41.6% |
| Sep 2024 | 45.7% |
| Dec 2024 | −6.9% |
| Mar 2025 | 14.7% |
| Jun 2025 | 16% |
| Sep 2025 | 10.6% |
| Dec 2025 | 0% |
| Mar 2026 | −6.3% |
| Jun 2026 | 25.1% |
Recent pace: the last four quarters grew +7.4% on average, against 18.4% a year over the longer run, so this year is growing slower than its own long-run rate.
Is growth speeding up? Revenue over the last 12 months grew +7.1%, against +10.6% a year over the last 8 quarters (rolling over); profit over the last 12 months grew −6.0%, against −23.3% a year (accelerating).
How much of every $100 of sales does North American Construction Group Ltd. keep?
North American Construction Group Ltd.'s operating margin was 6.7% in the Jun 2026 quarter, 0.4 percentage points lower than the same quarter a year ago. Across 5 years it has been between 6.4% and 13.2%. The latest quarter is within that range.
Operating margin is what is left from every $100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.
Why the margin moved: operating margin changed −0.4 percentage points on the year while gross margin changed −2.5 points. So the drop came mostly from the gross margin, which means input costs and prices charged.
FY25: 8.6%, within a range of 6.4% to 13.2% over 5 years
- Operating margin 8.6%
| Quarter | Operating margin |
|---|---|
| FY21 | 6.4% |
| FY22 | 9.3% |
| FY23 | 10.2% |
| FY24 | 13.2% |
| FY25 | 8.6% |
Change on the year before (points)
- Change on the year before (points) −4.6 pts
| Quarter | Change on the year before (points) |
|---|---|
| FY21 | – |
| FY22 | +2.9 pts |
| FY23 | +0.9 pts |
| FY24 | +3.0 pts |
| FY25 | −4.6 pts |
Jun 2026: operating margin 6.7% (−0.4 points on a year earlier)
- Operating margin 6.7%
| Quarter | Operating margin |
|---|---|
| Sep 2023 | 7.1% |
| Dec 2023 | 14.4% |
| Mar 2024 | 13% |
| Jun 2024 | 14.3% |
| Sep 2024 | 19.2% |
| Dec 2024 | 6.8% |
| Mar 2025 | 8.7% |
| Jun 2025 | 7.1% |
| Sep 2025 | 11.5% |
| Dec 2025 | 6.9% |
| Mar 2026 | 8.1% |
| Jun 2026 | 6.7% |
Change on a year earlier (points)
- Change on a year earlier (points) −0.4 pts
| Quarter | Change on a year earlier (points) |
|---|---|
| Sep 2023 | −2.1 pts |
| Dec 2023 | +1.1 pts |
| Mar 2024 | +2.0 pts |
| Jun 2024 | +9.4 pts |
| Sep 2024 | +12.1 pts |
| Dec 2024 | −7.6 pts |
| Mar 2025 | −4.3 pts |
| Jun 2025 | −7.2 pts |
| Sep 2025 | −7.7 pts |
| Dec 2025 | +0.1 pts |
| Mar 2026 | −0.6 pts |
| Jun 2026 | −0.4 pts |
Is North American Construction Group Ltd.'s profit turning into cash?
Over the last 3 years, 556% of North American Construction Group Ltd.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $264 M of operating cash against $33.8 M of profit.
The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.
After $281 M of spending on assets, free cash was −$17.0 M: it spent more than its operations brought in.
Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.
FY25: operating cash $264 M against profit $33.8 M; 556% of 3 years' profit came in as cash
- Operating cash $264 M
- Net profit $33.8 M
- Free cash −$17.0 M
| Quarter | Operating cash | Net profit | Free cash |
|---|---|---|---|
| FY21 | $165 M | $51.4 M | $52.6 M |
| FY22 | $169 M | $67.4 M | $57.7 M |
| FY23 | $278 M | $63.1 M | $75.3 M |
| FY24 | $241 M | $44.0 M | −$62.5 M |
| FY25 | $264 M | $33.8 M | −$17.0 M |
Jun 2026: operating cash $90.9 M = 970% of the quarter's profit
- Operating cash (quarterly) $90.9 M
| Quarter | Operating cash (quarterly) |
|---|---|
| Sep 2023 | $37.5 M |
| Dec 2023 | $169 M |
| Mar 2024 | $19.0 M |
| Jun 2024 | $66.4 M |
| Sep 2024 | $55.3 M |
| Dec 2024 | $101 M |
| Mar 2025 | $51.4 M |
| Jun 2025 | $64.7 M |
| Sep 2025 | $91.8 M |
| Dec 2025 | $56.2 M |
| Mar 2026 | $29.8 M |
| Jun 2026 | $90.9 M |
Operating cash as % of profit
- Operating cash as % of profit 970%
| Quarter | Operating cash as % of profit |
|---|---|
| Sep 2023 | 329% |
| Dec 2023 | 955% |
| Mar 2024 | 165% |
| Jun 2024 | 458% |
| Sep 2024 | 382% |
| Dec 2024 | 2,868% |
| Mar 2025 | 834% |
| Jun 2025 | 631% |
| Sep 2025 | 531% |
| Dec 2025 | 44,938% |
| Mar 2026 | 537% |
| Jun 2026 | 970% |
Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.
What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.
Where does North American Construction Group Ltd.'s cash go?
North American Construction Group Ltd. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $788 M on assets over the last 3 years. Averaged over those years that is 20.4% of FY25 revenue a year.
Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.
Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.
Spending on assets: $788 M over the last 3 years.
FY25: capex $281 M, steady spending
- Capex $281 M
| Quarter | Capex |
|---|---|
| FY21 | $113 M |
| FY22 | $111 M |
| FY23 | $203 M |
| FY24 | $304 M |
| FY25 | $281 M |
Jun 2026: capex $93.1 M in the quarter
- Capex (quarterly) $93.1 M
| Quarter | Capex (quarterly) |
|---|---|
| Sep 2023 | $39.3 M |
| Dec 2023 | $88.6 M |
| Mar 2024 | $76.0 M |
| Jun 2024 | $80.4 M |
| Sep 2024 | $67.4 M |
| Dec 2024 | $79.9 M |
| Mar 2025 | $93.1 M |
| Jun 2025 | $74.7 M |
| Sep 2025 | $66.1 M |
| Dec 2025 | $47.2 M |
| Mar 2026 | $48.7 M |
| Jun 2026 | $93.1 M |
Free cash
- Free cash −$2.2 M
| Quarter | Free cash |
|---|---|
| Sep 2023 | −$1.8 M |
| Dec 2023 | $80.0 M |
| Mar 2024 | −$57.1 M |
| Jun 2024 | −$13.9 M |
| Sep 2024 | −$12.2 M |
| Dec 2024 | $20.6 M |
| Mar 2025 | −$41.7 M |
| Jun 2025 | −$10.0 M |
| Sep 2025 | $25.7 M |
| Dec 2025 | $8.9 M |
| Mar 2026 | −$18.9 M |
| Jun 2026 | −$2.2 M |
In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.
What is North American Construction Group Ltd.'s P/E ratio, and how does it compare with its own history?
North American Construction Group Ltd.'s P/E is 14.3×, with too little history to compare. This compares the share price with the company’s own past. It does not say what the business is worth.
P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.
P/E 14.3× against a usual —: with too little history to compare
- P/E 10.5×
| Week | P/E |
|---|---|
| 11 Jul 2025 | 13.8× |
| 18 Jul 2025 | 13.2× |
| 25 Jul 2025 | 13.3× |
| 1 Aug 2025 | 12.9× |
| 8 Aug 2025 | 14.2× |
| 15 Aug 2025 | 10.6× |
| 22 Aug 2025 | 11.7× |
| 29 Aug 2025 | 11.8× |
| 5 Sep 2025 | 11.6× |
| 12 Sep 2025 | 11.8× |
| 19 Sep 2025 | 11.7× |
| 26 Sep 2025 | 11.9× |
| 3 Oct 2025 | 11.7× |
| 10 Oct 2025 | 10.9× |
| 17 Oct 2025 | 11.7× |
| 24 Oct 2025 | 12.4× |
| 31 Oct 2025 | 12.7× |
| 7 Nov 2025 | 11.2× |
| 14 Nov 2025 | 11.3× |
| 21 Nov 2025 | 11.0× |
| 28 Nov 2025 | 11.7× |
| 5 Dec 2025 | 11.4× |
| 12 Dec 2025 | 11.2× |
| 19 Dec 2025 | 10.6× |
| 26 Dec 2025 | 11.2× |
| 2 Jan 2026 | 13.3× |
| 9 Jan 2026 | 13.7× |
| 16 Jan 2026 | 14.1× |
| 23 Jan 2026 | 13.7× |
| 30 Jan 2026 | 13.6× |
| 6 Feb 2026 | 14.5× |
| 13 Feb 2026 | 14.7× |
| 20 Feb 2026 | 14.9× |
| 27 Feb 2026 | 15.0× |
| 6 Mar 2026 | 15.0× |
| 13 Mar 2026 | 11.6× |
| 20 Mar 2026 | 12.3× |
| 27 Mar 2026 | 12.1× |
| 2 Apr 2026 | 12.5× |
| 10 Apr 2026 | 13.2× |
| 17 Apr 2026 | 12.9× |
| 24 Apr 2026 | 13.4× |
| 1 May 2026 | 13.6× |
| 8 May 2026 | 13.6× |
| 15 May 2026 | 14.1× |
| 22 May 2026 | 13.7× |
| 29 May 2026 | 12.8× |
| 5 Jun 2026 | 12.7× |
| 12 Jun 2026 | 12.5× |
| 18 Jun 2026 | 12.5× |
| 26 Jun 2026 | 12.6× |
| 2 Jul 2026 | 11.8× |
| 10 Jul 2026 | 12.5× |
| 17 Jul 2026 | 12.2× |
| 24 Jul 2026 | 12.8× |
| 31 Jul 2026 | 12.5× |
| 7 Aug 2026 | 13.4× |
| 14 Aug 2026 | 12.7× |
| 21 Aug 2026 | 12.9× |
| 28 Aug 2026 | 12.1× |
| 4 Sep 2026 | 12.3× |
| 11 Sep 2026 | 12.4× |
| 18 Sep 2026 | 11.7× |
| 25 Sep 2026 | 11.3× |
| 2 Oct 2026 | 11.2× |
| 9 Oct 2026 | 10.8× |
| 16 Oct 2026 | 10.6× |
| 23 Oct 2026 | 10.4× |
| 30 Oct 2026 | 11.0× |
| 4 Nov 2026 | 10.5× |
Earnings per share, 12 months
- Earnings per share, 12 months $1.09
| Week | Earnings per share, 12 months |
|---|---|
| 11 Jul 2025 | – |
| 18 Jul 2025 | – |
| 25 Jul 2025 | – |
| 1 Aug 2025 | – |
| 8 Aug 2025 | – |
| 15 Aug 2025 | – |
| 22 Aug 2025 | – |
| 29 Aug 2025 | – |
| 5 Sep 2025 | – |
| 12 Sep 2025 | – |
| 19 Sep 2025 | – |
| 26 Sep 2025 | $1.16 |
| 3 Oct 2025 | $1.16 |
| 10 Oct 2025 | $1.16 |
| 17 Oct 2025 | $1.16 |
| 24 Oct 2025 | $1.16 |
| 31 Oct 2025 | $1.16 |
| 7 Nov 2025 | $1.16 |
| 14 Nov 2025 | $1.16 |
| 21 Nov 2025 | $1.16 |
| 28 Nov 2025 | $1.16 |
| 5 Dec 2025 | $1.16 |
| 12 Dec 2025 | $1.16 |
| 19 Dec 2025 | $1.16 |
| 26 Dec 2025 | $1.23 |
| 2 Jan 2026 | $1.23 |
| 9 Jan 2026 | $1.23 |
| 16 Jan 2026 | $1.23 |
| 23 Jan 2026 | $1.23 |
| 30 Jan 2026 | $1.23 |
| 6 Feb 2026 | $1.23 |
| 13 Feb 2026 | $1.23 |
| 20 Feb 2026 | $1.23 |
| 27 Feb 2026 | $1.23 |
| 6 Mar 2026 | $1.23 |
| 13 Mar 2026 | $1.23 |
| 20 Mar 2026 | $1.23 |
| 27 Mar 2026 | $1.10 |
| 2 Apr 2026 | $1.10 |
| 10 Apr 2026 | $1.10 |
| 17 Apr 2026 | $1.10 |
| 24 Apr 2026 | $1.10 |
| 1 May 2026 | $1.10 |
| 8 May 2026 | $1.10 |
| 15 May 2026 | $1.10 |
| 22 May 2026 | $1.10 |
| 29 May 2026 | $1.10 |
| 5 Jun 2026 | $1.10 |
| 12 Jun 2026 | $1.10 |
| 18 Jun 2026 | $1.10 |
| 26 Jun 2026 | $1.08 |
| 2 Jul 2026 | $1.08 |
| 10 Jul 2026 | $1.08 |
| 17 Jul 2026 | $1.08 |
| 24 Jul 2026 | $1.08 |
| 31 Jul 2026 | $1.08 |
| 7 Aug 2026 | $1.08 |
| 14 Aug 2026 | $1.08 |
| 21 Aug 2026 | $1.08 |
| 28 Aug 2026 | $1.08 |
| 4 Sep 2026 | $1.08 |
| 11 Sep 2026 | $1.08 |
| 18 Sep 2026 | $1.08 |
| 25 Sep 2026 | $1.09 |
| 2 Oct 2026 | $1.09 |
| 9 Oct 2026 | $1.09 |
| 16 Oct 2026 | $1.09 |
| 23 Oct 2026 | $1.09 |
| 30 Oct 2026 | $1.09 |
| 4 Nov 2026 | $1.09 |
Why the multiple is where it is: over the past year earnings per share moved −24.6% while the price moved −17.2%. The price did better than earnings, which pushed the multiple up within its own range.
In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple.
Is the North American Construction Group Ltd. business getting better or worse?
North American Construction Group Ltd.'s business is turning around. Profit growth has swung from −36.0% at its low to −6.0%, improving for 3 quarters in a row, with ROCE steady at 6.9%. This is based on 12 quarters of 4 measures.
Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.
Growth year by year: revenue +10.2% in FY25, profit −23.1%
- Revenue growth 10.2%
| Quarter | Revenue growth |
|---|---|
| FY21 | – |
| FY22 | 17.6% |
| FY23 | 25.4% |
| FY24 | 20.8% |
| FY25 | 10.2% |
Profit growth, EPS growth
- Profit growth −23.1%
- EPS growth −24.6%
| Quarter | Profit growth | EPS growth |
|---|---|---|
| FY21 | – | – |
| FY22 | 31.1% | 31% |
| FY23 | −6.3% | −2.9% |
| FY24 | −30.3% | −27.7% |
| FY25 | −23.1% | −24.6% |
Three growth lines over twelve quarters: revenue rolling over, profit accelerating
- Revenue 7.1%
| Quarter | Revenue |
|---|---|
| Sep 2023 | 21.3% |
| Dec 2023 | 25.4% |
| Mar 2024 | 21.5% |
| Jun 2024 | 27.1% |
| Sep 2024 | 36.6% |
| Dec 2024 | 20.8% |
| Mar 2025 | 18.9% |
| Jun 2025 | 14.1% |
| Sep 2025 | 8.1% |
| Dec 2025 | 10.2% |
| Mar 2026 | 4.4% |
| Jun 2026 | 7.1% |
Profit, EPS
- Profit −6%
- EPS −5.9%
| Quarter | Profit | EPS |
|---|---|---|
| Sep 2023 | 26.5% | 29.4% |
| Dec 2023 | −6.3% | −5.7% |
| Mar 2024 | −30.2% | −28.8% |
| Jun 2024 | −31.5% | −30.7% |
| Sep 2024 | −18.8% | −19.2% |
| Dec 2024 | −30.3% | −28.6% |
| Mar 2025 | −26.8% | −26.4% |
| Jun 2025 | −37.5% | −37.2% |
| Sep 2025 | −36% | −36.6% |
| Dec 2025 | −23.1% | −26.1% |
| Mar 2026 | −14.1% | −17.2% |
| Jun 2026 | −6% | −5.9% |
ROCE: the return line, worked out each quarter
- ROCE 6.9%
| Quarter | ROCE |
|---|---|
| Sep 2023 | 10.1% |
| Dec 2023 | 9.8% |
| Mar 2024 | 10.6% |
| Jun 2024 | 13% |
| Sep 2024 | 16.1% |
| Dec 2024 | 11.8% |
| Mar 2025 | 10.8% |
| Jun 2025 | 9.3% |
| Sep 2025 | 7.7% |
| Dec 2025 | 7.9% |
| Mar 2026 | 7.3% |
| Jun 2026 | 6.9% |
Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it.
Compound annual growth rate (%)
Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.
| Measure | 1yr | 3yr | 5yr | 10yr |
|---|---|---|---|---|
| Revenue | +10.2% | +18.6% | — | — |
| Profit | −23.1% | −20.5% | — | — |
| EPS | −24.6% | −19.1% | — | — |
| Stock price | −17.2% | — | — | — |
How much does North American Construction Group Ltd. earn on its capital?
North American Construction Group Ltd. earned a ROE of 7% in FY25. Its return on capital used (ROIC) is 22.7 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 2.6% net margin and 0.71× asset turnover (sales divided by assets).
Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.
Why the return is what it is (FY25): a 2.6% net margin × 0.71× asset turnover × 3.99× leverage (assets divided by equity) ≈ 7.4% on equity. The margin does its share; borrowing is a big part of it.
The key test, return on capital used minus the cost of capital: 4.8% − −17.9% = +22.7 percentage points. The −17.9% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. A gap this wide means each dollar put back into the business creates more than a dollar of value.
FY25: ROE 7%, the full history
- ROE 7.4%
- ROIC (annual) 5.4%
- Cost of capital −17.9%
| Quarter | ROE | ROIC (annual) | Cost of capital |
|---|---|---|---|
| FY21 | 18.5% | 5.4% | −17.9% |
| FY22 | 22% | 8.6% | −17.9% |
| FY23 | 17.7% | 8.7% | −17.9% |
| FY24 | 11.3% | 10.7% | −17.9% |
| FY25 | 7.4% | 5.4% | −17.9% |
Jun 2026: ROIC 4.4% (last 12 months) against a −17.9% cost of capital
- ROIC (12 months) 4.4%
- ROE (12 months) 4.8%
- Cost of capital −17.9%
| Quarter | ROIC (12 months) | ROE (12 months) | Cost of capital |
|---|---|---|---|
| Sep 2023 | 9.6% | 14.8% | −17.9% |
| Dec 2023 | 9.2% | 13.5% | −17.9% |
| Mar 2024 | 9% | 20.3% | −17.9% |
| Jun 2024 | 9% | 12.7% | −17.9% |
| Sep 2024 | 10.5% | 15.6% | −17.9% |
| Dec 2024 | 12.2% | 15% | −17.9% |
| Mar 2025 | 10.6% | 3.6% | −17.9% |
| Jun 2025 | 9.3% | 5.8% | −17.9% |
| Sep 2025 | 7.8% | 8.9% | −17.9% |
| Dec 2025 | 6.6% | 14.9% | −17.9% |
| Mar 2026 | 4.8% | 0.1% | −17.9% |
| Jun 2026 | 4.4% | 4.8% | −17.9% |
Does North American Construction Group Ltd. have too much debt?
North American Construction Group Ltd. has total debt of $1.2 B against shareholder equity of $480 M as of Jun 2026, so its debt is 2.47× its equity. Year by year, that ratio went from 1.42 in FY21 to 2.05 in FY25. Keep that borrowing in mind when reading the returns on this page.
Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.
FY25: debt $937 M, 2.05× equity
- Total debt $937 M
| Quarter | Total debt |
|---|---|
| FY21 | $395 M |
| FY22 | $435 M |
| FY23 | $717 M |
| FY24 | $825 M |
| FY25 | $937 M |
Debt-to-equity
- Debt-to-equity 2.05×
| Quarter | Debt-to-equity |
|---|---|
| FY21 | 1.42× |
| FY22 | 1.42× |
| FY23 | 2.01× |
| FY24 | 2.12× |
| FY25 | 2.05× |
Jun 2026: debt $1.2 B, debt-to-equity 2.47
- Total debt (quarterly) $1.2 B
| Quarter | Total debt (quarterly) |
|---|---|
| Sep 2023 | $446 M |
| Dec 2023 | $717 M |
| Mar 2024 | $754 M |
| Jun 2024 | $798 M |
| Sep 2024 | $832 M |
| Dec 2024 | $825 M |
| Mar 2025 | $826 M |
| Jun 2025 | $884 M |
| Sep 2025 | $911 M |
| Dec 2025 | $937 M |
| Mar 2026 | $960 M |
| Jun 2026 | $1.2 B |
Debt-to-equity
- Debt-to-equity 2.47×
| Quarter | Debt-to-equity |
|---|---|
| Sep 2023 | 1.31× |
| Dec 2023 | 2.01× |
| Mar 2024 | 2.06× |
| Jun 2024 | 2.10× |
| Sep 2024 | 2.12× |
| Dec 2024 | 2.12× |
| Mar 2025 | 1.79× |
| Jun 2025 | 1.92× |
| Sep 2025 | 1.93× |
| Dec 2025 | 2.05× |
| Mar 2026 | 2.02× |
| Jun 2026 | 2.47× |
What is the North American Construction Group Ltd. shareholding pattern?
2.2% of North American Construction Group Ltd.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 4.9 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.
There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.
It is a single reading at one point in time; we do not have its history.
Why it is at this level: the figure does not say who has the short positions or why, so we show the level without guessing the story.
How far is North American Construction Group Ltd. from balance-sheet trouble?
For North American Construction Group Ltd., the Z-score is 1.08. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the danger zone. It estimates how far the balance sheet is from trouble; it is not a forecast of failure.
The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.
Why it matters: a Z-score of 1.08 is inside the danger zone, so the balance sheet is a real risk.
How does North American Construction Group Ltd. rank in its industry?
There is no score against its industry: North American Construction Group Ltd. is not among the largest members shown in this industry comparison for Oil & Gas Equipment & Services.
The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown.
Which companies is North American Construction Group Ltd. compared with?
No sector comparison is shown here, not among the largest members shown in this industry comparison.
Which companies are close to North American Construction Group Ltd. in size?
North American Construction Group Ltd. is the 37th largest of 38 Oil & Gas Equipment & Services companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: HMH Holding Inc., Oil States International, Inc., Core Laboratories Inc., Natural Gas Services Group, Inc. and Ranger Energy Services, Inc. Just below it: Smart Sand, Inc.
Oil & Gas Equipment & Services companies close in size
- HMH Holding Inc. $678 million
- Oil States International, Inc. $510 million
- Core Laboratories Inc. $442 million
- Natural Gas Services Group, Inc. $373 million
- Ranger Energy Services, Inc. $318 million
- North American Construction Group Ltd. $308 million
- Smart Sand, Inc. $185 million
All 38 Oil & Gas Equipment & Services companies, largest first
Companies close in size in other industries
- Emergent BioSolutions Inc. $320 million · Drug Manufacturers - Specialty & Generic
- Seanergy Maritime Holdings Corp. $320 million · Marine Shipping
- North American Construction Group Ltd. $320 million
- StealthGas Inc. $319 million · Marine Shipping
- Alpine Income Property Trust, Inc. $319 million · REIT - Retail
What else do people ask about North American Construction Group Ltd.?
What were North American Construction Group Ltd. Ltd.'s latest quarterly results?
North American Construction Group Ltd. reported revenue of $401 M and net profit of $9.4 M for the Jun 2026 quarter. Revenue rose 25.1% and profit fell 8.5% compared with a year earlier. Earnings per share were $0.34 (as of 4 November 2026).
What is North American Construction Group Ltd. Ltd.'s market cap?
North American Construction Group Ltd.'s market capitalisation is $308 M at a stock price of $11.43. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).
How is North American Construction Group Ltd. Ltd. performing?
North American Construction Group Ltd.'s latest readings are below. In its latest quarter, revenue rose 25.1% and profit fell 8.5% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 32 weeks running (as of 4 November 2026).
Will North American Construction Group Ltd. Ltd.'s stock price go up?
This page does not forecast North American Construction Group Ltd.'s stock price. What it shows instead: the stock price is $11.43. Nobody can reliably say which way a price will move, and this site does not try (as of 4 November 2026).
Does North American Construction Group Ltd. Ltd. have too much debt?
Yes, North American Construction Group Ltd. has a lot of debt: its debt is 2.68× its equity. A year-by-year history of its borrowings is not in our data, so this uses the latest reading.
Keep that borrowing in mind when reading the returns on this page (as of 4 November 2026).
Where is North American Construction Group Ltd. Ltd. in its business cycle?
North American Construction Group Ltd.'s FY25 operating margin was 8.6%, against a 5-year range of 6.4% to 13.2%: the middle of its own range, neither a peak nor a low. The latest quarter was 6.7%.
Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).
What could break the North American Construction Group Ltd. Ltd. story?
Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business.
On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).
Is North American Construction Group Ltd. Ltd. a stock worth studying right now?
What the numbers show: North American Construction Group Ltd.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results.
Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).
Where do these numbers come from?
Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.
Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.
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