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NOA vs. GFL
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Performance

NOA vs. GFL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in North American Construction Group Ltd (NOA) and GFL Environmental Inc. (GFL). The values are adjusted to include any dividend payments, if applicable.

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NOA vs. GFL - Yearly Performance Comparison


2026 (YTD)202520242023202220212020
NOA
North American Construction Group Ltd
-6.81%-31.98%5.16%58.49%-9.78%54.32%15.16%
GFL
GFL Environmental Inc.
1.46%-3.44%29.26%18.24%-22.65%29.88%73.97%

Fundamentals

Market Cap

NOA:

$375.86M

GFL:

$16.00B

EPS

NOA:

$1.09

GFL:

$10.26

PE Ratio

NOA:

12.21

GFL:

4.24

PS Ratio

NOA:

0.32

GFL:

2.46

PB Ratio

NOA:

0.82

GFL:

2.19

Total Revenue (TTM)

NOA:

$1.28B

GFL:

$6.62B

Gross Profit (TTM)

NOA:

$161.75M

GFL:

$1.37B

EBITDA (TTM)

NOA:

$329.71M

GFL:

$2.07B

Returns By Period

In the year-to-date period, NOA achieves a -6.81% return, which is significantly lower than GFL's 1.46% return.


NOA

1D
-1.26%
1M
-20.52%
YTD
-6.81%
6M
-7.78%
1Y
-14.88%
3Y*
-5.57%
5Y*
5.14%
10Y*
22.87%

GFL

1D
4.41%
1M
-3.65%
YTD
1.46%
6M
-6.52%
1Y
-8.69%
3Y*
8.30%
5Y*
4.38%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Return for Risk

NOA vs. GFL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NOA
NOA Risk / Return Rank: 2727
Overall Rank
NOA Sharpe Ratio Rank: 2727
Sharpe Ratio Rank
NOA Sortino Ratio Rank: 2828
Sortino Ratio Rank
NOA Omega Ratio Rank: 2828
Omega Ratio Rank
NOA Calmar Ratio Rank: 2727
Calmar Ratio Rank
NOA Martin Ratio Rank: 2727
Martin Ratio Rank

GFL
GFL Risk / Return Rank: 2525
Overall Rank
GFL Sharpe Ratio Rank: 2525
Sharpe Ratio Rank
GFL Sortino Ratio Rank: 2222
Sortino Ratio Rank
GFL Omega Ratio Rank: 2323
Omega Ratio Rank
GFL Calmar Ratio Rank: 2828
Calmar Ratio Rank
GFL Martin Ratio Rank: 2727
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NOA vs. GFL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for North American Construction Group Ltd (NOA) and GFL Environmental Inc. (GFL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


NOAGFLDifference

Sharpe ratio

Return per unit of total volatility

-0.29

-0.34

+0.05

Sortino ratio

Return per unit of downside risk

-0.03

-0.33

+0.31

Omega ratio

Gain probability vs. loss probability

0.99

0.96

+0.04

Calmar ratio

Return relative to maximum drawdown

-0.42

-0.40

-0.03

Martin ratio

Return relative to average drawdown

-0.80

-0.84

+0.04

NOA vs. GFL - Sharpe Ratio Comparison

The current NOA Sharpe Ratio is -0.29, which is comparable to the GFL Sharpe Ratio of -0.34. The chart below compares the historical Sharpe Ratios of NOA and GFL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


NOAGFLDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.29

-0.34

+0.05

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.12

0.15

-0.03

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.50

Sharpe Ratio (All Time)

Calculated using the full available price history

0.00

0.52

-0.52

Correlation

The correlation between NOA and GFL is 0.17, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

NOA vs. GFL - Dividend Comparison

NOA's dividend yield for the trailing twelve months is around 2.60%, more than GFL's 0.14% yield.


TTM20252024202320222021202020192018201720162015
NOA
North American Construction Group Ltd
2.60%2.39%1.42%1.54%1.84%0.85%1.21%0.74%0.73%1.62%2.08%4.62%
GFL
GFL Environmental Inc.
0.14%0.14%0.12%0.15%0.16%0.11%0.10%0.00%0.00%0.00%0.00%0.00%

Drawdowns

NOA vs. GFL - Drawdown Comparison

The maximum NOA drawdown since its inception was -93.59%, which is greater than GFL's maximum drawdown of -42.76%. Use the drawdown chart below to compare losses from any high point for NOA and GFL.


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Drawdown Indicators


NOAGFLDifference

Max Drawdown

Largest peak-to-trough decline

-93.59%

-42.76%

-50.83%

Max Drawdown (1Y)

Largest decline over 1 year

-32.31%

-24.39%

-7.92%

Max Drawdown (5Y)

Largest decline over 5 years

-50.67%

-42.76%

-7.91%

Max Drawdown (10Y)

Largest decline over 10 years

-68.41%

Current Drawdown

Current decline from peak

-45.40%

-15.46%

-29.94%

Average Drawdown

Average peak-to-trough decline

-55.82%

-14.03%

-41.79%

Ulcer Index

Depth and duration of drawdowns from previous peaks

17.11%

11.57%

+5.54%

Volatility

NOA vs. GFL - Volatility Comparison

North American Construction Group Ltd (NOA) has a higher volatility of 34.87% compared to GFL Environmental Inc. (GFL) at 9.68%. This indicates that NOA's price experiences larger fluctuations and is considered to be riskier than GFL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


NOAGFLDifference

Volatility (1M)

Calculated over the trailing 1-month period

34.87%

9.68%

+25.19%

Volatility (6M)

Calculated over the trailing 6-month period

41.94%

17.50%

+24.44%

Volatility (1Y)

Calculated over the trailing 1-year period

51.99%

25.96%

+26.03%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

42.45%

29.61%

+12.84%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

46.20%

32.92%

+13.28%

Financials

NOA vs. GFL - Financials Comparison

This section allows you to compare key financial metrics between North American Construction Group Ltd and GFL Environmental Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.00500.00M1.00B1.50B2.00BAprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober
305.33M
1.69B
(NOA) Total Revenue
(GFL) Total Revenue
Values in USD except per share items

NOA vs. GFL - Profitability Comparison

The chart below illustrates the profitability comparison between North American Construction Group Ltd and GFL Environmental Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

10.0%15.0%20.0%AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober
12.6%
20.0%
Portfolio components
NOA - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, North American Construction Group Ltd reported a gross profit of 38.31M and revenue of 305.33M. Therefore, the gross margin over that period was 12.6%.

GFL - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, GFL Environmental Inc. reported a gross profit of 337.60M and revenue of 1.69B. Therefore, the gross margin over that period was 20.0%.

NOA - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, North American Construction Group Ltd reported an operating income of 21.21M and revenue of 305.33M, resulting in an operating margin of 7.0%.

GFL - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, GFL Environmental Inc. reported an operating income of 82.90M and revenue of 1.69B, resulting in an operating margin of 4.9%.

NOA - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, North American Construction Group Ltd reported a net income of 124.90K and revenue of 305.33M, resulting in a net margin of 0.0%.

GFL - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, GFL Environmental Inc. reported a net income of 33.90M and revenue of 1.69B, resulting in a net margin of 2.0%.