North American Construction Group annual debt-to-equity ratio
2010
2011
2012
2012
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2015
2016
2017
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2021
2022
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2024
2025
North American Construction Group Debt-to-Equity Ratio Growth & History (NOA)
North American Construction Group's debt-to-equity ratio was 2.02 for fiscal 2025.
View full North American Construction Group company overviewNorth American Construction Group annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 2.02 | −0.08 | −3.87% |
| 2024 | 2024-12-31 | 2.10 | 0.12 | +6.18% |
| 2023 | 2023-12-31 | 1.98 | 0.55 | +38.94% |
| 2022 | 2022-12-31 | 1.42 | 0.00 | +0.27% |
| 2021 | 2021-12-31 | 1.42 | −0.37 | −20.80% |
| 2020 | 2020-12-31 | 1.79 | −0.59 | −24.88% |
| 2019 | 2019-12-31 | 2.39 | −0.17 | −6.62% |
| 2018 | 2018-12-31 | 2.55 | 1.62 | +172.07% |
| 2017 | 2017-12-31 | 0.94 | 0.30 | +48.03% |
| 2016 | 2016-12-31 | 0.63 | −0.01 | −1.41% |
| 2015 | 2015-12-31 | 0.64 | −0.03 | −4.94% |
| 2014 | 2014-12-31 | 0.68 | −0.02 | −2.58% |
| 2013 | 2013-12-31 | 0.69 | −1.85 | −72.66% |
| 2012 · Mar 31 | 2013-03-31 | 2.77 | 0.30 | +12.39% |
| 2012 · Dec 31 | 2012-12-31 | 2.54 | — | — |
| 2011 | 2012-03-31 | 2.46 | 0.39 | +18.57% |
| 2010 | 2011-03-31 | 2.08 | — | — |
North American Construction Group quarterly debt-to-equity ratio
Q4.11
Q4.12
Q4.12
Q4.13
Q4.14
Q4.15
Q4.16
Q4.17
Q4.18
Q4.19
Q4.20
Q4.21
Q4.22
Q4.23
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 2.47 | 0.55 | +28.51% |
| Q1 2026 | 2026-03-31 | 2.02 | 0.24 | +13.24% |
| Q4 2025 | 2025-12-31 | 2.02 | −0.08 | −3.87% |
| Q3 2025 | 2025-09-30 | 1.93 | — | — |
| Q2 2025 | 2025-06-30 | 1.92 | — | — |
| Q1 2025 | 2025-03-31 | 1.79 | — | — |
| Q4 2024 | 2024-12-31 | 2.10 | 0.12 | +6.18% |
| Q4 2023 | 2023-12-31 | 1.98 | 0.55 | +38.94% |
| Q4 2022 | 2022-12-31 | 1.42 | 0.00 | +0.27% |
| Q4 2021 | 2021-12-31 | 1.42 | −0.37 | −20.80% |
| Q4 2020 | 2020-12-31 | 1.79 | −0.59 | −24.88% |
| Q4 2019 | 2019-12-31 | 2.39 | −0.17 | −6.62% |
| Q4 2018 | 2018-12-31 | 2.55 | 1.62 | +172.07% |
| Q4 2017 | 2017-12-31 | 0.94 | 0.30 | +48.03% |
| Q4 2016 | 2016-12-31 | 0.63 | −0.01 | −1.41% |
| Q4 2015 | 2015-12-31 | 0.64 | −0.03 | −4.94% |
| Q4 2014 | 2014-12-31 | 0.68 | −0.02 | −2.58% |
| Q4 2013 | 2013-12-31 | 0.69 | −1.85 | −72.66% |
| Q4 2012 · Mar 31 | 2013-03-31 | 2.77 | 0.30 | +12.39% |
| Q4 2012 · Dec 31 | 2012-12-31 | 2.54 | — | — |
| Q4 2011 | 2012-03-31 | 2.46 | — | — |
North American Construction Group debt-to-equity ratio trends
Over the last five fiscal years, North American Construction Group's debt-to-equity ratio increased from 1.79 to 2.02, a change of 0.23. The latest reported quarter, Q2 2026, shows 2.47.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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