North American Construction Group Ltd (NOA) — Capital Reinvestment Ratio
North American Construction Group Ltd (NOA) has a Capital Reinvestment Ratio of 1.64x as of March 2026, meaning it reinvests 2% of its operating cash flow (CA$29.71 Million) in capital expenditures (CA$48.68 Million). Check North American Construction Group Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
North American Construction Group Ltd Capital Reinvestment Ratio (1999–2025)
This chart tracks North American Construction Group Ltd's Capital Reinvestment Ratio across 24 annual periods. For the full cash flow conversion analysis, see cash flow conversion of North American Construction Group Ltd.
Annual Capital Reinvestment Ratio for North American Construction Group Ltd (1999–2025)
Year-by-year Capital Reinvestment Ratio for North American Construction Group Ltd from 1999 to 2025. See NOA cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CAD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 1.10x | CA$254.54 Million | CA$281.10 Million | ▼ -15.5% |
| 2024 | 1.31x | CA$217.61 Million | CA$284.34 Million | ▲ +78.6% |
| 2023 | 0.73x | CA$278.09 Million | CA$203.49 Million | ▲ +7.4% |
| 2022 | 0.68x | CA$169.20 Million | CA$115.26 Million | ▼ -1.1% |
| 2021 | 0.69x | CA$165.18 Million | CA$113.79 Million | ▼ -13.7% |
| 2020 | 0.80x | CA$147.27 Million | CA$117.57 Million | ▼ -19.9% |
| 2019 | 1.00x | CA$157.94 Million | CA$157.45 Million | ▲ +33.8% |
| 2018 | 0.74x | CA$109.37 Million | CA$81.46 Million | ▼ -31.2% |
| 2017 | 1.08x | CA$49.74 Million | CA$53.88 Million | ▲ +57.6% |
| 2016 | 0.69x | CA$39.83 Million | CA$27.38 Million | ▲ +59.3% |
| 2015 | 0.43x | CA$77.10 Million | CA$33.27 Million | ▼ -50.8% |
| 2014 | 0.88x | CA$41.23 Million | CA$36.14 Million | ▲ +164.7% |
| 2013 | 0.33x | CA$103.23 Million | CA$34.18 Million | ▼ -20.0% |
| 2012 | 0.41x | CA$91.12 Million | CA$37.72 Million | ▼ -59.9% |
| 2011 | 1.03x | CA$63.27 Million | CA$65.30 Million | ▼ -20.1% |
| 2009 | 1.29x | CA$42.87 Million | CA$55.35 Million | ▲ +116.4% |
| 2008 | 0.60x | CA$157.78 Million | CA$94.14 Million | ▼ -5.0% |
| 2007 | 0.63x | CA$97.60 Million | CA$61.28 Million | ▼ -94.3% |
| 2006 | 10.95x | CA$10.05 Million | CA$110.02 Million | ▲ +1177.7% |
| 2005 | 0.86x | CA$33.87 Million | CA$29.01 Million | ▲ +99.2% |
| 2003 | 0.43x | CA$17.99 Million | CA$7.74 Million | ▼ -51.7% |
| 2002 | 0.89x | CA$25.73 Million | CA$22.93 Million | ▼ -69.3% |
| 2001 | 2.90x | CA$2.99 Million | CA$8.67 Million | ▲ +309.3% |
| 1999 | 0.71x | CA$22.04 Million | CA$15.62 Million | — |