← North American Construction Group Ltd.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||||
| Current assets: | |||||||||||
| Cash and Cash Equivalents, at Carrying Value | $13.7m | $8.2m | $19.5m | $5.5m | $43.9m | $16.6m | $69.1m | $88.6m | $77.9m | $100.1m | |
| Accounts receivable | $40.1m | $47.2m | $82.4m | $66.7m | $36.4m | $68.8m | $83.8m | $97.9m | $166.1m | $148.9m | |
| Prepaid expenses and deposits | $1.6m | $1.9m | $3.7m | $4.2m | $5.0m | $6.8m | $10.6m | $7.4m | $7.7m | $6.9m | |
| Inventory, Net | $3.4m | $4.8m | $13.4m | $21.6m | $19.2m | $44.5m | $49.9m | $65.0m | $74.1m | $75.7m | |
| Assets, Current | $74.9m | $89.3m | $130.4m | $117.4m | $120.0m | $147.2m | $230.4m | $295.2m | $330.5m | $362.2m | |
| Total current assets | $74.9m | $89.3m | $130.4m | $117.4m | $120.0m | $147.2m | $230.4m | $295.2m | $330.5m | $362.2m | |
| Property, Plant and Equipment, Net | $256.5m | $278.6m | $528.2m | $587.7m | $633.7m | $540.8m | $568.6m | $1.1b | $1.2b | $1.3b | |
| Goodwill | — | — | — | — | — | — | $543k | $526k | $520k | $535k | |
| Intangible Assets, Net (Excluding Goodwill) | — | — | — | — | — | $3.9m | $6.8m | $7.0m | $9.9m | $12.3m | |
| Operating Lease, Right-of-Use Asset | — | — | — | $21.8m | $18.2m | $14.8m | $14.7m | $12.8m | $12.7m | $10.7m | |
| Other Assets, Noncurrent | $4.9m | $5.2m | $10.2m | $7.1m | $6.6m | $6.0m | $5.8m | $7.1m | $9.8m | $5.2m | |
| Operating lease right-of-use assets | — | — | — | $21.8m | $18.2m | $14.8m | $14.7m | $12.8m | $12.7m | $10.7m | |
| Additional Financial Items | |||||||||||
| Accounts Receivable, after Allowance for Credit Loss, Current | $39.3m | $45.7m | $68.5m | $45.8m | $23.8m | $52.2m | $40.0m | $65.7m | $70.2m | $54.9m | |
| Contract assets | — | $21.6m | $10.7m | $19.2m | $7.0m | $9.8m | $15.8m | $35.0m | $4.1m | $30.5m | |
| Assets held for sale | $247k | $5.6m | $672k | $424k | $4.1m | $660k | $1.1m | $1.3m | $683k | $107k | |
| Investments in affiliates and joint ventures | — | $0 | $11.8m | $42.9m | $44.0m | $56.0m | $75.6m | $81.4m | $84.7m | $70.4m | |
| Contract liabilities | — | $824k | $4.0m | $23k | $1.5m | $3.3m | $1.4m | $59k | $1.9m | $22.8m | |
| Current portion of contingent obligations | — | — | — | — | — | — | — | $22.5m | $39.3m | $34.6m | |
| Current portion of operating lease liabilities | — | — | — | $3.8m | $4.0m | $3.3m | $2.5m | $1.7m | $1.8m | $1.5m | |
| Contingent obligations | — | — | — | — | — | — | — | $93.4m | $88.6m | $28.9m | |
| Operating lease liabilities | — | — | — | $17.7m | $14.1m | $11.5m | $12.4m | $11.3m | $11.4m | $9.7m | |
| Other long-term obligations | $8.3m | $12.6m | $25.6m | $24.5m | $18.9m | $26.4m | $18.6m | $134.4m | $44.7m | $22.6m | |
| Common shares (authorized – unlimited number of voting common shares; issued and outstanding – December 31, 2025 - 28,821,481 (December 31, 2024 – 27,704,450)) | 252.6m | 231.0m | 221.8m | 226.0m | 255.1m | 246.9m | 229.5m | 229.5m | 229.0m | 283.0m | |
| Treasury shares (December 31, 2025 - 871,244 (December 31, 2024 - 1,000,328)) | — | — | ($11.7m) | ($15.9m) | ($18.0m) | ($17.8m) | ($16.4m) | ($16.2m) | ($15.9m) | ($15.0m) | |
| Accrued Liabilities, Current | $11.2m | $13.9m | $19.2m | $17.6m | $19.1m | $33.4m | $43.8m | $94.7m | $77.9m | $89.3m | |
| Assets | $350.1m | $383.6m | $689.8m | $792.7m | $838.9m | $869.3m | $979.5m | $1.5b | $1.7b | $1.8b | |
| LIABILITIES AND EQUITY | |||||||||||
| Current liabilities: | |||||||||||
| Operating Lease, Liability, Current | — | — | — | $3.8m | $4.0m | $3.3m | $2.5m | $1.7m | $1.8m | $1.5m | |
| Accounts Payable, Current | $29.6m | $35.2m | $63.5m | $88.2m | $41.4m | $76.3m | $102.5m | $146.2m | $110.8m | $102.1m | |
| Long-term Debt, Current Maturities | $8.2m | $0 | $30.0m | $18.5m | $16.3m | $19.7m | $20.6m | — | — | — | |
| Operating Lease, Liability, Noncurrent | — | — | — | $17.7m | $14.1m | $11.5m | $12.4m | $11.3m | $11.4m | $9.7m | |
| Long-term Debt, Excluding Current Maturities | $31.3m | $70.1m | $266.0m | $313.4m | $341.5m | $306.0m | $358.1m | $611.3m | $719.4m | $749.8m | |
| Dividends Payable, Current | $1 | $1 | $0 | $1 | $1 | $1 | $2 | $3 | $3 | $3 | |
| Current portion of long-term debt | — | — | $30.0m | $18.5m | $16.3m | $19.7m | $20.6m | $81.3m | $84.2m | $160.6m | |
| Liabilities, Current | $74.0m | $79.0m | $148.9m | $157.3m | $109.2m | $161.0m | $192.3m | $324.0m | $315.9m | $410.9m | |
| Total current liabilities | $74.0m | $79.0m | $148.9m | $157.3m | $109.2m | $161.0m | $192.3m | $324.0m | $315.9m | $410.9m | |
| Deferred Income Tax Liabilities, Net | — | $38.2m | $44.8m | $52.5m | $64.2m | $56.2m | $71.9m | $108.8m | $125.4m | $141.3m | |
| Other Liabilities, Noncurrent | $8.3m | $12.6m | $25.6m | $24.5m | $18.9m | $26.4m | $18.6m | $134.4m | $44.7m | $22.6m | |
| Deferred tax liabilities | $40.2m | $38.2m | $44.8m | $52.5m | $64.2m | $56.2m | $71.9m | $108.8m | $125.4m | $141.3m | |
| Deferred Tax Liabilities, Net | $26.4m | $27.6m | $35.5m | $36.8m | $47.8m | $56.2m | $71.5m | $108.8m | $125.4m | $141.3m | |
| Liabilities | $191.1m | $237.7m | $539.6m | $612.5m | $590.5m | $590.8m | $673.6m | $1.2b | $1.3b | $1.4b | |
| Stockholders’ equity: | |||||||||||
| Additional Paid in Capital | $45.9m | $54.4m | $53.6m | $49.9m | $46.5m | $37.5m | $22.1m | $20.7m | $20.8m | $2.8m | |
| Retained Earnings (Accumulated Deficit) | ($130.3m) | ($127.2m) | ($113.9m) | ($79.9m) | ($35.2m) | $11.9m | $70.5m | $123.0m | $156.1m | $176.5m | |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | — | — | — | — | $0 | $2k | $306k | ($407k) | ($1.1m) | $9.4m | |
| Treasury Stock, Common, Value | — | — | — | — | — | — | $16.4m | $16.2m | $15.9m | $15.0m | |
| Stockholders' Equity Attributable to Parent | $159.0m | $145.9m | $149.7m | $180.1m | $248.4m | $278.5m | $305.9m | $356.7m | $388.9m | $456.6m | |
| Stockholders' Equity Attributable to Noncontrolling Interest | — | — | $494k | $0 | — | — | — | — | — | — | |
| Liabilities and Equity | $350.1m | $383.6m | $689.8m | $792.7m | $838.9m | $869.3m | $979.5m | $1.5b | $1.7b | $1.8b | |
| Total liabilities and shareholders' equity | $350.1m | $383.6m | $689.8m | $792.7m | $838.9m | $869.3m | $979.5m | $1.5b | $1.7b | $1.8b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.