NOA (North American Construction Group) EBIT: $83.6 Mil (TTM As of Mar. 2026)

What is North American Construction Group EBIT?

North American Construction Group NOA +2.15% 86 EBIT is $83.6 Mil as of Mar. 2026. GuruFocus rates NOA with a GF Score™ of 86/100 and a GF Value™ of $24.29 (Possible Value Trap). The stock has 7 warning signs investors should review.

North American Construction Group's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $18.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $83.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. North American Construction Group's annualized ROC % for the quarter that ended in Mar. 2026 was 2.97%. North American Construction Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.48%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. North American Construction Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.69%.

North American Construction Group (NYSE:NOA) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

North American Construction Group's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

	ROC % (Q: Mar. 2026 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2025 )	+	Invested Capital (Q: Mar. 2026 ))	/ count )
=	63.6 * ( 1 - 43.31% )	/	( (1231.609	+	1196.191)	/ 2 )
=	36.05484	/	1213.9
=	2.97 %

where

	Invested Capital		(Q: Dec. 2025 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	1319.14	-	122.79	-	( 72.583	-	max(0, 297.832	-	262.573	+	72.583	))
=	1231.609

	Invested Capital		(Q: Mar. 2026 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	1367.986	-	143.038	-	( 88.286	-	max(0, 251.531	-	280.288	+	88.286	))
=	1196.191

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

North American Construction Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2026 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2025		Q: Mar. 2026
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	75.124	/	( ( (992.813 + max(-26.207, 0))	+	(1016.227 + max(-29.934, 0)) )	/	2 )
=	75.124	/	( ( 992.813	+	1016.227 )	/	2 )
=	75.124	/	1004.52
=	7.48 %

where Working Capital is:

	Working Capital		(Q: Dec. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(83.303	+	54.846	+	5.097)	-	(122.79	+	16.563	+	30.1)
=	-26.207

	Working Capital		(Q: Mar. 2026 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(91.071	+	54.353	+	5.011)	-	(143.038	+	11.013	+	26.318)
=	-29.934

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

North American Construction Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2026 )
	=	83.62	/	961.836
	=	8.69 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

North American Construction Group EBIT Related Terms

North American Construction Group EBIT Historical Data

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The historical data trend for North American Construction Group's EBIT can be seen below:

North American Construction Group EBIT Chart

North American Construction Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

EBIT

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61.50

79.44

90.40

81.64

North American Construction Group Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
EBIT	Get a 7-Day Free Trial															16.26	21.55	27.48	15.81	18.78

NOA vs SLB, BKR, HAL: EBIT Comparison

For the Oil & Gas Equipment & Services subindustry, North American Construction Group's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

North American Construction Group EV-to-EBIT vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, North American Construction Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where North American Construction Group's EV-to-EBIT falls into.

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86GF Score

North American Construction Group Ltd NOA

EBIT is just one metric. See GF Score™, valuation, warning signs, and more.

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North American Construction Group EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $83.6 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of $83.6 Mil mean?

North American Construction Group (NOA) has a EBIT of $83.6 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on North American Construction Group.

Is North American Construction Group's EBIT too high?

North American Construction Group's current EBIT is $83.6 Mil. Overall, North American Construction Group has a GF Score™ of 86/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.

How does North American Construction Group's EBIT compare to SLB and BKR?

North American Construction Group's EBIT of $83.6 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good EBIT for an Oil & Gas company?

A good EBIT depends on the Oil & Gas industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high EBIT mean?

A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on North American Construction Group. North American Construction Group's current EBIT is $83.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is North American Construction Group stock overvalued right now?

Based on GuruFocus' analysis, North American Construction Group (NOA) is currently considered Possible Value Trap. The stock's GF Value™ is $24.29, compared to a current price of $13.75 — trading 43.4% below its estimated fair value. The current EBIT is $83.6 Mil. North American Construction Group's overall GF Score™ is 86/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is EBIT calculated?

EBIT is calculated from a company's financial statements. For North American Construction Group (NOA), the current EBIT is $83.6 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is North American Construction Group (NOA) Overvalued in 2026?

Based on GuruFocus' analysis, North American Construction Group stock appears to be undervalued. The current stock price of $13.75 is trading 43.4% below its estimated GF Value™ of $24.29. GuruFocus considers North American Construction Group to be Possible Value Trap.

Key valuation signals for NOA:

EBIT: $83.6 Mil
GF Value™: $24.29 vs. price of $13.75 (43.4% below fair value)
GF Score™: 86/100 with 7 warning signs

No single metric tells the full story. See the NOA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

North American Construction Group Business Description

Industry Energy Oil & Gas

Comparable Companies TSX:CFW TSX:MATR TSX:MTEK TSX:FLNT TSX:SHLE TSX:PSD TSX:TOT TSX:E NEOE:ZEFI TSX:MCB SLB BKR HAL MIL:TEN FTI SZSE:002353 OSL:SUBC MIL:SPM XPAR:GTT SHSE:601808

Other Exchanges N5Z:Germany NOA:Canada

Address 27287 - 100 Avenue Acheson, Acheson, AB, CAN, T7X 6H8

Website https://www.nacg.ca

North American Construction Group Ltd is Canada's heavy civil construction and mining contractor provider. The company has provided services to oil, natural gas, and resource companies. The Company provides a wide range of mining and heavy civil construction services to customer in the resource development and industrial construction sectors within Canada, the United States, and Australia. The Company's reportable segments are Heavy Equipment Canada, Heavy Equipment Australia, and Other. Heavy Equipment Canada and Heavy Equipment Australia include all of aspects of the mining and heavy civil construction services provided within those geographic areas. Other includes mine management contract work in the United States, its external maintenance and rebuild programs.

86GF Score

Get the complete analysis for NOA

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$13.75

Price

$24.29

GF Value

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