North American Construction Group Ltd.

NOANYSEEnergy● Active

$13.99

+$0.25(+1.78%)

Market Cap$398815839

P/E Ratio—

52W High$18.24

52W Low$12.07

Avg Volume158K

Open$14.02

Beta1.07

Free Cash Flow Financials Revenue

North American Construction Group Ltd. (NOA) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

NOA · free cash flow · updated Jun 8, 2026

Core FCF metrics

NOA · FCF · TTM · margin & CAGR

Free cash flow was −$26.5M for FY2025 (fiscal year ending 2025-12-31), up 60.2% year-over-year The FCF margin was -2.1%.

FY2025 Free Cash Flow−$26.5M▲ +60.2% YoY

Trailing 12M (TTM)$1.7MTrailing 4Q sum · TTM positive vs latest FY negative

FCF Margin-2.1%−$26.5M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

NOA · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$254.3M(281M)−$26.5M▲ +60.2%-2.1%

FY2024$217.6M(284M)−$66.7M▼ 199.8%-5.7%

FY2023$270.4M(203M)$66.9M▲ +24.0%7.0%

FY2022$169.2M(115M)$53.9M▲ +5.0%7.0%

FY2021$165.2M(114M)$51.4M▲ +129.6%7.9%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

NOA · P/FCF · FCF yield · FCF per share

North American Construction Group Ltd. (NOA) trades at a FCF yield of 0.31% and a price-to-free-cash-flow ratio of 233.1x. FCF per share stands at $0.06, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

0.31%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$0.06

TTM FCF ÷ Shares Outstanding

Price / FCF

x233.1

Share Price ÷ FCF per Share

EV / FCF (TTM)

x802.4

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

NOA · cash flow statement · operating / investing / financing

For FY2025, North American Construction Group Ltd. generated $254.3M in operating cash flow and spent 281M in capital expenditures, yielding −$26.5M in free cash flow.

Operating Activities

+$254.3M

Cash from core business operations

2025-12-31

Investing Activities

−$264.6M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$31.1M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($254.3M) − |CapEx| (281M) = FCF (−$26.5M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Energy)

NOA vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

North American Construction Group Ltd.YOU

NOA

−$26.5M+60.2%-2.1%

Loss

Exxon Mobil Corporation

Energy · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

North American Construction Group Ltd. (NOA) reported free cash flow of −$26.5M for FY2025 (fiscal year ending 2025-12-31), up 60.2% year-over-year. The FCF margin was -2.1%.

Based on available data, North American Construction Group Ltd. has maintained positive free cash flow for at least 11 fiscal year(s). FCF peaked at $69.0M in FY2013.

North American Construction Group Ltd.'s FCF yield is 0.31% and price-to-FCF ratio is 233.1x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

NOA free cash flow · 8 questions

North American Construction Group Ltd. free cash flow was −$26.5M for FY2025, up 60.2% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $1.7M.

NOA free cash flowNOA FCFNOA FCF 2025NOA free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · North American Construction Group Ltd. · North American Construction Group Ltd. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026