vs

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

North American Construction Group Ltd. is the larger business by last-quarter revenue ($860.2M vs $618.0M, roughly 1.4× MasterBrand, Inc.). Over the past eight quarters, North American Construction Group Ltd.'s revenue compounded faster (58.0% CAGR vs -4.4%).

Master Lock is an American company that sells padlocks, combination locks, safes, and related security products. Now a subsidiary of Fortune Brands Innovations, Master Lock Company LLC was formed in 1921 by locksmith-inventor Harry Soref and is headquartered in Oak Creek, Wisconsin. In 1970, the company was purchased by American Brands from Soref's heirs. American Brands was later renamed to Fortune Brands, which then split on October 3, 2011, to create the Fortune Brands Home & Security comp...

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.

MBC vs NOA — Head-to-Head

Bigger by revenue
NOA
NOA
1.4× larger
NOA
$860.2M
$618.0M
MBC
Faster 2-yr revenue CAGR
NOA
NOA
Annualised
NOA
58.0%
-4.4%
MBC

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
MBC
MBC
NOA
NOA
Revenue
$618.0M
$860.2M
Net Profit
$40.5M
Gross Margin
25.3%
19.7%
Operating Margin
15.4%
Net Margin
4.7%
Revenue YoY
-6.4%
Net Profit YoY
EPS (diluted)
$-0.12

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
MBC
MBC
NOA
NOA
Q1 26
$618.0M
Q4 25
$644.6M
Q3 25
$698.9M
$860.2M
Q2 25
$730.9M
$573.3M
Q1 25
$660.3M
$297.0M
Q4 24
$667.7M
Q3 24
$718.1M
$636.4M
Q2 24
$676.5M
$439.5M
Net Profit
MBC
MBC
NOA
NOA
Q1 26
Q4 25
$-42.0M
Q3 25
$18.1M
$40.5M
Q2 25
$37.3M
$26.0M
Q1 25
$13.3M
$11.5M
Q4 24
$14.0M
Q3 24
$29.1M
$45.5M
Q2 24
$45.3M
$34.1M
Gross Margin
MBC
MBC
NOA
NOA
Q1 26
25.3%
Q4 25
26.0%
Q3 25
31.2%
19.7%
Q2 25
32.8%
18.1%
Q1 25
30.6%
18.0%
Q4 24
30.4%
Q3 24
33.1%
14.0%
Q2 24
34.1%
14.3%
Operating Margin
MBC
MBC
NOA
NOA
Q1 26
Q4 25
-4.2%
Q3 25
6.0%
15.4%
Q2 25
9.2%
13.6%
Q1 25
5.6%
13.0%
Q4 24
5.6%
Q3 24
8.0%
7.9%
Q2 24
11.5%
8.2%
Net Margin
MBC
MBC
NOA
NOA
Q1 26
Q4 25
-6.5%
Q3 25
2.6%
4.7%
Q2 25
5.1%
4.5%
Q1 25
2.0%
3.9%
Q4 24
2.1%
Q3 24
4.1%
7.1%
Q2 24
6.7%
7.8%
EPS (diluted)
MBC
MBC
NOA
NOA
Q1 26
$-0.12
Q4 25
$-0.32
Q3 25
$0.14
Q2 25
$0.29
Q1 25
$0.10
Q4 24
$0.10
Q3 24
$0.22
Q2 24
$0.35

Balance Sheet & Financial Strength

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

Metric
MBC
MBC
NOA
NOA
Cash + ST InvestmentsLiquidity on hand
$138.4M
Total DebtLower is stronger
$1.1B
Stockholders' EquityBook value
$1.3B
Total Assets
$3.1B
$1.7B
Debt / EquityLower = less leverage
0.82×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MBC
MBC
NOA
NOA
Q1 26
$138.4M
Q4 25
$183.3M
Q3 25
$114.8M
Q2 25
$120.1M
Q1 25
$113.5M
Q4 24
$120.6M
Q3 24
$108.4M
Q2 24
$189.4M
Total Debt
MBC
MBC
NOA
NOA
Q1 26
$1.1B
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$1.0B
Q3 24
$1.1B
Q2 24
Stockholders' Equity
MBC
MBC
NOA
NOA
Q1 26
$1.3B
Q4 25
$1.3B
Q3 25
$1.4B
Q2 25
$1.4B
Q1 25
$1.3B
Q4 24
$1.3B
Q3 24
$1.3B
Q2 24
$1.3B
Total Assets
MBC
MBC
NOA
NOA
Q1 26
$3.1B
Q4 25
$3.1B
Q3 25
$3.0B
$1.7B
Q2 25
$3.0B
$1.7B
Q1 25
$3.0B
$1.7B
Q4 24
$2.9B
Q3 24
$3.0B
$1.5B
Q2 24
$2.4B
$1.5B
Debt / Equity
MBC
MBC
NOA
NOA
Q1 26
0.82×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.79×
Q3 24
0.83×
Q2 24

Cash Flow & Capital Efficiency

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

Metric
MBC
MBC
NOA
NOA
Operating Cash FlowLast quarter
$-133.0M
$140.7M
Free Cash FlowOCF − Capex
$-146.2M
FCF MarginFCF / Revenue
-23.7%
Capex IntensityCapex / Revenue
2.1%
Cash ConversionOCF / Net Profit
3.47×
TTM Free Cash FlowTrailing 4 quarters
$12.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MBC
MBC
NOA
NOA
Q1 26
$-133.0M
Q4 25
$86.9M
Q3 25
$55.4M
$140.7M
Q2 25
$84.8M
$85.4M
Q1 25
$-31.4M
$19.0M
Q4 24
$115.1M
Q3 24
$80.8M
$109.5M
Q2 24
$77.4M
$72.0M
Free Cash Flow
MBC
MBC
NOA
NOA
Q1 26
$-146.2M
Q4 25
$52.5M
Q3 25
$39.5M
Q2 25
$66.7M
Q1 25
$-41.2M
Q4 24
$68.8M
Q3 24
$64.5M
Q2 24
$66.1M
FCF Margin
MBC
MBC
NOA
NOA
Q1 26
-23.7%
Q4 25
8.1%
Q3 25
5.7%
Q2 25
9.1%
Q1 25
-6.2%
Q4 24
10.3%
Q3 24
9.0%
Q2 24
9.8%
Capex Intensity
MBC
MBC
NOA
NOA
Q1 26
2.1%
Q4 25
5.3%
Q3 25
2.3%
Q2 25
2.5%
Q1 25
1.5%
Q4 24
6.9%
Q3 24
2.3%
Q2 24
1.7%
Cash Conversion
MBC
MBC
NOA
NOA
Q1 26
Q4 25
Q3 25
3.06×
3.47×
Q2 25
2.27×
3.28×
Q1 25
-2.36×
1.65×
Q4 24
8.22×
Q3 24
2.78×
2.41×
Q2 24
1.71×
2.11×

Financial Flow Comparison

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

Related Comparisons