Companies: 10,795·Total market cap: $144.5T
North American Construction Group Ltd.

North American Construction Group Ltd.

NOA.TOTSXEnergy● Active
$19.56
+$0.38(+1.98%)
Market Cap$557800344
P/E Ratio
52W High$24.9
52W Low$16.45

North American Construction Group Ltd. (NOA.TO) Shares Outstanding — Overview

Basic and diluted weighted average shares, YoY change, float context, and historical trend from SEC filings and FMP.

NOA.TO · shares outstanding · updated Jun 8, 2026

Key metrics

Basic Shares Outstanding · Weighted average · fiscal year
28.7M +6.84% YoY Change
FY · as of Dec 31, 2025 · Reported in CAD
vs 26.8M in FY 2024
Diluted Shares Outstanding
32.3M
incl. options, RSUs, convertibles
Dilution Spread
+12.59%
Diluted vs Basic
YoY Change
+6.84%
year-over-year
Float (Free Float)
25.3M
publicly tradable shares
88.6% of total
Source: FMP /income-statement · /shares-float · SEC 10-K / 10-QUpdated: 2026-06-08

Shares Outstanding Growth Rate

3-Year CAGRdeclining
-5.5%
2022 → 2025
5-Year CAGRdeclining
-1.4%
2020 → 2025
10-Year CAGRdeclining
-1.2%
2015 → 2025

Negative CAGR typically indicates share buyback or retirement activity. Interpret alongside Splits and Financials tabs. Splits / Financials

Shares outstanding history

↓ Decrease — typically buyback / retirement
↑ Increase — issuance / equity compensation
Latest
* most recent reported · FMP /income-statement · weightedAverageShsOut

Annual shares outstanding by year

FY 2025Latest
Diluted Shares: 32.3M
28.7M
+6.84%
FY 2024
Diluted Shares: 33.1M
26.8M
+0.96%
FY 2023
Diluted Shares: 33.0M
26.6M
-21.88%
FY 2022
Diluted Shares: 34.0M
34.0M
+0.18%
FY 2021
Diluted Shares: 33.9M
33.9M
+10.16%
FMP /income-statement · weightedAverageShsOut · weightedAverageShsOutDilUnit: Billions (B)

Energy sector shares outstanding comparison

Shares Outstanding for similar companies or competitors in the Energy sector.

#SymbolCompanyShares (Basic)vs NOA.TO
#1
Exxon Mobil CorporationXOM
Exxon Mobil Corporation
4.331B+>999%
#2
Shell plcSHEL
Shell plc
2.945B+>999%
#3
TotalEnergies SETTE
TotalEnergies SE
2.191B+>999%
#4
Enbridge Inc.ENB
Enbridge Inc.
2.180B+>999%
#5
Chevron CorporationCVX
Chevron Corporation
1.849B+>999%
#6
ConocoPhillipsCOP
ConocoPhillips
1.252B+>999%
#7
North American Construction Group Ltd.NOA.TO
North American Construction Group Ltd.YOU
28.7M

/company-screener · per-peer /income-statement · cache 86400s

Understanding Shares Outstanding

What Are Shares Outstanding? (Basic)

North American Construction Group Ltd. (NOA.TO) shares outstanding is the total number of issued shares held by shareholders — the basis for Basic EPS and market capitalization. As of December 31, 2025, North American Construction Group Ltd. reports 28.7M basic shares outstanding (weighted average).

Basic vs. Diluted Shares Outstanding

North American Construction Group Ltd.'s basic shares outstanding (28.7M) represents currently issued shares. Diluted shares outstanding (32.3M) also includes potential shares from stock options, RSUs, and convertibles. Dilution spread: +12.59%.

Shares Outstanding vs. Float (Free Float)

North American Construction Group Ltd.'s float is 25.3M (88.6% of total shares outstanding) — shares freely available for public trading, excluding insider-held and restricted shares.

Float25.3M(88.6%)
Outstanding28.5M

Float data from /shares-float reflects the most recent SEC filing period-end. The weighted average shares (from /income-statement) may differ — this is a normal reporting window difference, not a data error.

FMP /income-statement · /shares-float · SEC EDGAR · CAD

About shares outstanding & methodology

North American Construction Group Ltd. (NOA.TO) shares outstanding history from 2007 to 2025. Shares outstanding can be defined as the total number of shares held by all shareholders — including institutional investors, retail investors, and company insiders — assuming conversion of all convertible debt, securities, warrants, and options. This metric excludes the company's treasury shares.

North American Construction Group Ltd. shares outstanding for the fiscal year ending December 31, 2025 were 28.7M, a 6.84% increase year-over-year. North American Construction Group Ltd. FY 2025 shares outstanding were 28.7M, a +6.84% increase from FY 2024.

North American Construction Group Ltd. is a leading company operating in the Energy sector. The company's share count trajectory — with a 10-year CAGR of -1.2% — is a key signal for investors evaluating capital return policy, EPS accretion, and long-term shareholder value creation.

Figures tie to SEC 10-K/10-Q income statement disclosures and FMP /income-statement · /shares-float where noted.

Frequently asked questions

NOA.TO shares outstanding · 4 questions

As of December 31, 2025, North American Construction Group Ltd. (NOA.TO) has approximately 28.7M basic shares outstanding and 32.3M diluted shares outstanding. This represents a +6.84% year-over-year increase from FY 2024 (26.8M). The increase may reflect equity compensation issuances or secondary offerings.

NOA.TO shares outstandinghow many shares does NOA.TO haveNOA.TO basic shares 2025NOA.TO diluted shares

Data: FMP /income-statement · /shares-float · SEC EDGAR · weighted average basis · North American Construction Group Ltd. SEC 10-K & 10-Q filings · US GAAP · Last updated: 2026-06-08