NOANorth American Construction Group Ltd.

$11.90-17% 1Y

Is it growing?

Mixed

Neither accelerating nor breaking down: revenue growing +10% year on year, but earnings down −25% year on year.

1 good, 1 to watch, 1 neutral
Revenue trend+10% in a year

Trailing-twelve-month revenue vs a year earlier, from the company's own filings. Five-year pace: +21% a year.

Earnings trend−25% in a year

Trailing-twelve-month earnings per share against a year earlier. Growing slower than revenue, so the growth is costing something.

Margin direction+0.1 points operating

Trailing-twelve-month operating margin, 8.5% now against 8.4% a year earlier.

All from SEC EDGAR, as of Dec 31, 2025.

Where this answer is blind. These are trailing numbers from the filings, not forecasts: an acquisition or a one-off year can flatter them, so check the quarters.

Is NOA growing?

North American Construction Group Ltd. has grown revenue 19% a year over three years and 21% a year over five, with earnings per share compounding at −19%.

+19%

Revenue growth, 3-year annual rate · Oil & Gas Equipment & Services median +3.2% · compounding fast · compounded from fiscal years as filed

Revenue growth, 5-year rate
+21%

Revenue growth, 5-year rate · +19% over three · growth has slowed since the five-year average

Earnings per share, 3-year rate
−19%

Earnings per share, 3-year rate · revenue +19% · earnings lagged revenue: the growth is costing something

Years of annual history on file
16

Years of annual history on file · FY2009 to FY2025, as filed

Details›
Revenue FY2021
$654M
Revenue FY2022
$770M
Revenue FY2023
$965M
Revenue FY2024
$1.17B
Revenue FY2025
$1.28B

Annual income statements as filed with the SEC.