NOANYSEOil & Gas Field Services, NECFiscal year ends December 31
North American Construction Group Ltd.
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 40-F on Mar 12, 2026
$11.43−0.16 (-1.38%)
Close on Oct 19, 2026
North American Construction statistics
Financials through Dec 31, 2025, price-based ratios appear once a share price is available, median of Oil & Gas Field Services, NEC companies for comparison
Valuation
| Measure | North American Construction | Industry median |
|---|---|---|
| Market Cap | C$470.06M | C$2.29B |
| Enterprise Value | C$1.28B | C$3.20B |
| PE Ratio | 14.31 | 22.05 |
| PS Ratio | 0.37 | 1.91 |
| PB Ratio | 1.03 | |
| P/TBV Ratio | 1.06 | |
| P/OCF Ratio | 1.78 | 4.40 |
Enterprise value
| Measure | North American Construction | Industry median |
|---|---|---|
| EV / Sales | 1.00 | 2.36 |
| EV / EBITDA | 11.73 | 7.47 |
| EV / EBIT | 11.73 |
Income (trailing twelve months)
| Measure | North American Construction | Industry median |
|---|---|---|
| Revenue | C$1.28B | C$1.62B |
| Gross Profit | C$162.28M | |
| Operating Income | C$109.18M | |
| Pretax Income | C$56.47M | C$55.62M |
| Net Income | C$33.83M | |
| EBITDA | C$109.18M | C$303.24M |
| EPS (Diluted) | 1.14 CAD | 0.57 CAD |
Margins
| Measure | North American Construction | Industry median |
|---|---|---|
| Gross Margin | 12.6% | |
| Operating Margin | 8.50% | |
| Pretax Margin | 4.40% | 6.31% |
| Profit Margin | 2.63% | |
| EBITDA Margin | 8.50% | 26.7% |
| FCF Margin | -1.32% | -1.32% |
Returns
| Measure | North American Construction | Industry median |
|---|---|---|
| Return on Equity (ROE) | 8.00% | |
| Return on Assets (ROA) | 1.93% | |
| Return on Invested Capital (ROIC) | 5.49% | |
| Return on Capital Employed (ROCE) | 7.75% |
Growth
| Measure | North American Construction | Industry median |
|---|---|---|
| Revenue Growth (YoY) | 10.2% | -5.63% |
| Net Income Growth (YoY) | -23.1% | |
| EPS Growth (YoY) | -24.5% | -24.5% |
| Revenue Growth (3Y CAGR) | 18.6% | -11.0% |
| Revenue Growth (5Y CAGR) | 20.8% | 13.0% |
| EPS Growth (3Y CAGR) | -19.1% | -19.3% |
| EPS Growth (5Y CAGR) | -6.55% |
Balance sheet
| Measure | North American Construction | Industry median |
|---|---|---|
| Cash & Short-Term Investments | C$100.13M | C$100.13M |
| Total Debt | C$910.39M | C$1.08B |
| Net Cash (Debt) | -C$810.26M | -C$701.88M |
| Net Cash Per Share | -28.11 CAD | -7.83 CAD |
| Equity (Book Value) | C$456.62M | |
| Book Value Per Share | 15.84 CAD | |
| Tangible Book Value | C$443.75M | |
| Working Capital | -C$48.64M | -C$6.68M |
Financial position
| Measure | North American Construction | Industry median |
|---|---|---|
| Current Ratio | 0.88 | 0.95 |
| Quick Ratio | 0.38 | 0.58 |
| Debt / Equity | 1.99 | |
| Debt / EBITDA | 8.34 | |
| Net Debt / EBITDA | 7.42 | |
| Interest Coverage | 1.85 |
Cash flow (trailing twelve months)
| Measure | North American Construction | Industry median |
|---|---|---|
| Operating Cash Flow | C$264.09M | C$412.90M |
| Capital Expenditures | -C$281.10M | -C$263.47M |
| Free Cash Flow | -C$17.01M | -C$4.00M |
| FCF Per Share | -0.59 CAD | -0.03 CAD |
Efficiency
| Measure | North American Construction | Industry median |
|---|---|---|
| Asset Turnover | 0.73 | 0.36 |
| Inventory Turnover | 12.51 | |
| Revenue Per Employee | C$1.43M | C$2.52M |
| Profits Per Employee | C$37.59K | |
| Employee Count | 900 | 1,561 |
Dividends and yields
| Measure | North American Construction | Industry median |
|---|---|---|
| Earnings Yield | 7.20% | |
| FCF Yield | -3.62% | -3.62% |
| Dividend Yield | 2.94% | |
| Buyback Yield | 8.18% | 0.90% |
| Shareholder Yield | 11.1% | 1.56% |
| Dividend Per Share | 0.48 CAD | |
| Dividend Growth (YoY) | 14.3% | |
| Years of Dividend Growth | 4 | |
| Payout Ratio | 39.6% |
Shares
| Measure | North American Construction | Industry median |
|---|---|---|
| Shares Outstanding | 28,821,500 | 136,218,500 |
| Shares Change (YoY) | -2.38% | -2.36% |
| Float | 28,821,500 | 152,950,000 |
| Shares Held by Insiders | 0.00% | 0.00% |
| Shares Held by Institutions | 56.8% | 54.8% |
Taxes
| Measure | North American Construction | Industry median |
|---|---|---|
| Income Tax | C$22.64M | C$52.83M |
| Effective Tax Rate | 40.1% | 20.8% |
Scores
| Measure | North American Construction | Industry median |
|---|---|---|
| Graham Number | 20.16 CAD | |
| Graham Upside | 23.6% | |
| Altman Z-Score | 1.21 | 1.27 |
| Piotroski F-Score | 6 |
Calculated by StockData from North American Construction's SEC filings. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.