NextDecade (NEXT) Debt Ratio (2016 - 2026)
NextDecade (NEXT) reported Debt Ratio of 0.71 for Q1 2026, up 7.14% on a YoY basis from 0.66 in Q1 2025, and up 3.23% sequentially from 0.68 in Q4 2025.
NextDecade (NEXT) Debt Ratio (2016 - 2026) Analysis & Trends
NextDecade (NEXT) has 6 years of Debt Ratio data on file, last reported at 0.71 in Q1 2026.
- For the quarter ending Q1 2026, Debt Ratio rose 7.14% year-over-year to 0.71; the trailing twelve-month figure through Mar 2026 stood at 0.71 (up 7.14% YoY), and the FY2025 full-year result was 0.68, up 11.89% from the prior year.
- Debt Ratio grew to 0.71 in Q1 2026, from 0.68 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.71 in Q1 2026 to a low of 0.48 in Q3 2023.
- A 4-year average of 0.62 and a median of 0.66 in 2024 frame the typical range for Debt Ratio.
- Across the five-year window, Debt Ratio surged 37.83% in 2024 and advanced 0.5% in 2025, its largest moves.
- Tracing NEXT's Debt Ratio over 4 years: stood at 0.55 in 2023, then rose by 12.03% to 0.61 in 2024, then climbed by 11.89% to 0.68 in 2025, then gained by 3.23% to 0.71 in 2026.
- Business Quant data shows NEXT's Debt Ratio at 0.71 in Q1 2026, 0.68 in Q4 2025, and 0.66 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 70.54 Bn | 68.33 Bn | 5.38 Bn | 0.18 |
| 2 | Tenaris | 57.93 Bn | 46.32 Bn | 1.05 Bn | 0.02 |
| 3 | TechnipFMC | 30.31 Bn | 29.04 Bn | 1.64 Bn | 0.05 |
| 4 | Halliburton | 27.38 Bn | 25.42 Bn | 2.10 Bn | 0.28 |
| 5 | Nov | 7.25 Bn | 5.97 Bn | 379.00 Mn | 0.15 |
| 6 | Archrock | 6.68 Bn | 6.68 Bn | 247.42 Mn | 0.54 |
| 7 | Weatherford International | 6.15 Bn | 5.02 Bn | 776.00 Mn | 0.29 |
| 8 | Kodiak Gas Services | 5.93 Bn | 5.84 Bn | 222.88 Mn | 0.62 |
| 9 | Oceaneering International | 5.32 Bn | 4.71 Bn | 156.98 Mn | 0.18 |
| 10 | NextDecade | 2.11 Bn | 4.03 Bn | - | 0.71 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.71 |
| Dec 31, 2025 | 0.68 |
| Sep 30, 2025 | 0.66 |
| Jun 30, 2025 | 0.66 |
| Mar 31, 2025 | 0.66 |
| Dec 31, 2024 | 0.61 |
| Sep 30, 2024 | 0.66 |
| Jun 30, 2024 | 0.60 |
| Mar 31, 2024 | 0.57 |
| Dec 31, 2023 | 0.55 |
| Sep 30, 2023 | 0.48 |
| Jun 30, 2017 | 0.01 |
| Mar 31, 2017 | 0.00 |
| Dec 31, 2016 | 0.00 |