BTE vs NOA
Baytex Energy Corp. and North American Construction Group Ltd., side by side — 7 fiscal years reported in CAD, drawn from SEC filings.
Most recent reported year
| Metric | BTE | NOA |
|---|---|---|
| Revenue | CAD 1.5B | CAD 1.3B |
| Net income | CAD -603.8M | CAD 33.8M |
| Gross margin | · | 12.6% |
| Net margin | −40.8% | 2.6% |
| Return on equity | −18.4% | 8.0% |
| Diluted EPS | −CAD 0.78 | CAD 1.14 |
| Dividend / share | · | CAD 0.48 |
| Payout ratio | −11.5% | 39.6% |
| Free cash flow | · | CAD -17.0M |
| Equity | · | CAD 456.6M |
| Net debt / equity | · | 1.42× |
| Current ratio | 3.61× | 0.88× |
| Revenue CAGR 5y | 12.8% | 20.8% |
| Profit CAGR 5y | · | −7.2% |
BTE bills 1.2× the revenue of NOA, and BTE closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
7 years side by side
| Fiscal year | BTE | NOA |
|---|---|---|
| FY2025 | CAD 1.5B | CAD 1.3B |
| FY2024 | CAD 1.6B | CAD 1.2B |
| FY2023 | CAD 2.7B | CAD 964.7M |
| FY2022 | CAD 2.3B | CAD 769.5M |
| FY2021 | CAD 1.5B | CAD 654.1M |
| FY2020 | CAD 811.7M | CAD 498.5M |
| FY2019 | CAD 1.5B | CAD 719.1M |
Bottom line
| Fiscal year | BTE | NOA |
|---|---|---|
| FY2025 | CAD -603.8M | CAD 33.8M |
| FY2024 | CAD 236.6M | CAD 44.0M |
| FY2023 | CAD -233.4M | CAD 63.1M |
| FY2022 | CAD 855.6M | CAD 67.4M |
| FY2021 | CAD 1.6B | CAD 51.4M |
| FY2020 | CAD -2.4B | CAD 49.2M |
| FY2019 | CAD -12.5M | CAD 36.9M |
7 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +CAD 196,524,000 | BTE |
| FY2024 | +CAD 447,054,000 | BTE |
| FY2023 | +CAD 1,748,149,000 | BTE |
| FY2022 | +CAD 1,556,542,000 | BTE |
| FY2021 | +CAD 874,896,000 | BTE |
| FY2020 | +CAD 313,274,000 | BTE |
| FY2019 | +CAD 766,611,000 | BTE |
BTE has reported the higher revenue in every one of these 7 fiscal years. The gap has narrowed since the earliest year compared.
7 of 17 comparable fiscal years — a year missing data on either side is not counted.
7 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −43.4 pp | NOA |
| FY2024 | +10.9 pp | BTE |
| FY2023 | −15.1 pp | NOA |
| FY2022 | +28.0 pp | BTE |
| FY2021 | +97.7 pp | BTE |
| FY2020 | −310.3 pp | NOA |
| FY2019 | −6.0 pp | NOA |
The higher net margin has changed hands between BTE and NOA over this period.
7 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
BTE's net margin has been more volatile than NOA's over the 7 comparable fiscal years — 119.1 percentage points of standard deviation against 2.5.
7 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between BTE and NOA over these 7 fiscal years — BTE led in 3 and NOA in 4.
7 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
BTE's return on equity has been more volatile than NOA's over the 7 comparable fiscal years — 69.7 percentage points of standard deviation against 5.5.
7 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between BTE and NOA over these 7 fiscal years — BTE led in 2 and NOA in 5.
7 of 17 comparable fiscal years — a year missing data on either side is not counted.