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Side-by-side financial comparison of Everus Construction Group, Inc. (ECG) and North American Construction Group Ltd. (NOA). Click either name above to swap in a different company.

Everus Construction Group, Inc. is the larger business by last-quarter revenue ($1.0B vs $860.2M, roughly 1.2× North American Construction Group Ltd.). Everus Construction Group, Inc. runs the higher net margin — 5.5% vs 4.7%, a 0.8% gap on every dollar of revenue. Over the past eight quarters, North American Construction Group Ltd.'s revenue compounded faster (58.0% CAGR vs 27.1%).

Shanghai Construction (Group) Corporation (SCG) is a Chinese construction and engineering company, ranked as the 16th largest construction company in the world based on 2011 revenues.

ECG vs NOA — Head-to-Head

Bigger by revenue
ECG
ECG
1.2× larger
ECG
$1.0B
$860.2M
NOA
Higher net margin
ECG
ECG
0.8% more per $
ECG
5.5%
4.7%
NOA
Faster 2-yr revenue CAGR
NOA
NOA
Annualised
NOA
58.0%
27.1%
ECG

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
ECG
ECG
NOA
NOA
Revenue
$1.0B
$860.2M
Net Profit
$55.3M
$40.5M
Gross Margin
11.6%
19.7%
Operating Margin
6.8%
15.4%
Net Margin
5.5%
4.7%
Revenue YoY
33.2%
Net Profit YoY
60.4%
EPS (diluted)
$1.09

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ECG
ECG
NOA
NOA
Q4 25
$1.0B
Q3 25
$986.8M
$860.2M
Q2 25
$921.5M
$573.3M
Q1 25
$826.6M
$297.0M
Q4 24
$759.6M
Q3 24
$761.0M
$636.4M
Q2 24
$703.4M
$439.5M
Q1 24
$625.7M
$244.3M
Net Profit
ECG
ECG
NOA
NOA
Q4 25
$55.3M
Q3 25
$57.0M
$40.5M
Q2 25
$52.8M
$26.0M
Q1 25
$36.7M
$11.5M
Q4 24
$34.5M
Q3 24
$41.8M
$45.5M
Q2 24
$39.0M
$34.1M
Q1 24
$28.2M
$21.8M
Gross Margin
ECG
ECG
NOA
NOA
Q4 25
11.6%
Q3 25
12.6%
19.7%
Q2 25
13.0%
18.1%
Q1 25
11.2%
18.0%
Q4 24
11.4%
Q3 24
11.8%
14.0%
Q2 24
12.6%
14.3%
Q1 24
11.9%
16.8%
Operating Margin
ECG
ECG
NOA
NOA
Q4 25
6.8%
Q3 25
7.3%
15.4%
Q2 25
7.9%
13.6%
Q1 25
6.2%
13.0%
Q4 24
6.1%
Q3 24
7.1%
7.9%
Q2 24
7.3%
8.2%
Q1 24
6.2%
10.5%
Net Margin
ECG
ECG
NOA
NOA
Q4 25
5.5%
Q3 25
5.8%
4.7%
Q2 25
5.7%
4.5%
Q1 25
4.4%
3.9%
Q4 24
4.5%
Q3 24
5.5%
7.1%
Q2 24
5.5%
7.8%
Q1 24
4.5%
8.9%
EPS (diluted)
ECG
ECG
NOA
NOA
Q4 25
$1.09
Q3 25
$1.11
Q2 25
$1.03
Q1 25
$0.72
Q4 24
$0.68
Q3 24
$0.82
Q2 24
$0.76
Q1 24
$0.55

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ECG
ECG
NOA
NOA
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$281.5M
Stockholders' EquityBook value
$629.8M
Total Assets
$1.7B
$1.7B
Debt / EquityLower = less leverage
0.45×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ECG
ECG
NOA
NOA
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$553.0K
Q2 24
Q1 24
Total Debt
ECG
ECG
NOA
NOA
Q4 25
$281.5M
Q3 25
$285.1M
Q2 25
$288.6M
Q1 25
$292.1M
Q4 24
$295.6M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ECG
ECG
NOA
NOA
Q4 25
$629.8M
Q3 25
$573.0M
Q2 25
$514.4M
Q1 25
$460.2M
Q4 24
$422.6M
Q3 24
$453.3M
Q2 24
$490.0M
Q1 24
$464.3M
Total Assets
ECG
ECG
NOA
NOA
Q4 25
$1.7B
Q3 25
$1.6B
$1.7B
Q2 25
$1.5B
$1.7B
Q1 25
$1.4B
$1.7B
Q4 24
$1.3B
Q3 24
$1.3B
$1.5B
Q2 24
$1.5B
Q1 24
$1.5B
Debt / Equity
ECG
ECG
NOA
NOA
Q4 25
0.45×
Q3 25
0.50×
Q2 25
0.56×
Q1 25
0.63×
Q4 24
0.70×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ECG
ECG
NOA
NOA
Operating Cash FlowLast quarter
$48.2M
$140.7M
Free Cash FlowOCF − Capex
$23.5M
FCF MarginFCF / Revenue
2.3%
Capex IntensityCapex / Revenue
2.4%
Cash ConversionOCF / Net Profit
0.87×
3.47×
TTM Free Cash FlowTrailing 4 quarters
$90.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ECG
ECG
NOA
NOA
Q4 25
$48.2M
Q3 25
$76.2M
$140.7M
Q2 25
$25.3M
$85.4M
Q1 25
$7.1M
$19.0M
Q4 24
Q3 24
$78.9M
$109.5M
Q2 24
$72.0M
Q1 24
$21.9M
$31.8M
Free Cash Flow
ECG
ECG
NOA
NOA
Q4 25
$23.5M
Q3 25
$65.7M
Q2 25
$12.3M
Q1 25
$-11.4M
Q4 24
Q3 24
$60.9M
Q2 24
Q1 24
$12.6M
FCF Margin
ECG
ECG
NOA
NOA
Q4 25
2.3%
Q3 25
6.7%
Q2 25
1.3%
Q1 25
-1.4%
Q4 24
Q3 24
8.0%
Q2 24
Q1 24
2.0%
Capex Intensity
ECG
ECG
NOA
NOA
Q4 25
2.4%
Q3 25
1.1%
Q2 25
1.4%
Q1 25
2.2%
Q4 24
Q3 24
2.4%
Q2 24
Q1 24
1.5%
Cash Conversion
ECG
ECG
NOA
NOA
Q4 25
0.87×
Q3 25
1.34×
3.47×
Q2 25
0.48×
3.28×
Q1 25
0.19×
1.65×
Q4 24
Q3 24
1.89×
2.41×
Q2 24
2.11×
Q1 24
0.77×
1.46×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ECG
ECG

Commercial$594.5M59%
Utility$203.5M20%
Industrial$82.8M8%
Institutional$66.1M7%
Service And Other$28.4M3%
Transportation$24.2M2%
Renewables$19.8M2%

NOA
NOA

Segment breakdown not available.

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