Earnings ·
North American Construction Group reported second quarter 2026 combined revenue of $456.1 million, a 23% increase…
NOANorth American Construction Group Ltd.
North American Construction Group reported second quarter 2026 combined revenue of $456.1 million, a 23% increase year-over-year, driven by the April acquisition of Iron Mine Contracting and organic growth in Australia. Adjusted EBITDA rose 17% to $93.5 million with an adjusted EPS of $0.32. The company raised its full-year combined revenue guidance midpoint to $1.7 billion from $1.6 billion, while maintaining adjusted EBITDA guidance at a $400 million midpoint and free cash flow guidance between $110 million and $130 million. Management also announced the issuance of $200 million in 7.00% Senior Unsecured Notes due 2031 to repay existing debt. Additionally, the Board declared a regular quarterly dividend of $0.12 per share, payable October 2, 2026, to shareholders of record on August 28, 2026. North American Construction Group Ltd. provides heavy civil construction and mining services in Australia, Canada, and the United States.