NO

North American Construction Group Ltd.

NOAEnergyNASDAQ

Oil & Gas Equipment & Services

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Financials · Annual
Revenue
$1.28B
+10.2% YoY
Net Income
$33.8M
-23.1% YoY
EBITDA
$329.9M
+9.5% YoY
Free Cash Flow
$36.1M
About North American Construction Group Ltd.

Headquartered within the energy sector, North American Construction Group Ltd. focuses on Oil & Gas Equipment & Services services and products. North American Construction Group Ltd. At a $359.4M market cap, North American Construction Group Ltd. ranks as a small-cap company within energy. provides mining and heavy civil construction services to customers in the resource development and industrial construction sectors in Australia, Canada, and the United States.

Key stats
Market Cap$359.4M
P/E (TTM)16.78
Fwd P/E6.23
EPS$0.79
Beta1.15
52W Change-13.4%
Dividend Yield2.55%
ROE7.1%
Analysis

The company holds $121.1M in cash, though total debt stands at $959.7M. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. The company generates $36.1M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. ROE of 7.1% points to modest capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 3.6% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $769.5M (2022) to $1.28B (2025), reflecting a 67% increase over the period.

North American Construction Group Ltd. carries a heavier debt load relative to its cash position, which introduces financial risk that investors should weigh. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence North American Construction Group Ltd.'s trajectory.

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NOA: North American Construction Group Ltd. Technical Analysis | Scanance