NextDecade (NEXT) Debt Ratio (2016 - 2026)

NextDecade (NEXT) posted Debt Ratio of 0.69 for Q2 2026, down 3.11% sequentially from 0.71 in Q1 2026, and up 4.2% YoY from 0.66 in Q2 2025.

NextDecade (NEXT) Debt Ratio (2016 - 2026) Analysis & Trends

NextDecade has reported Debt Ratio for 6 years, with the latest figure at 0.69 in Q2 2026.

Quarterly Debt Ratio rose 4.2% year-over-year to 0.69 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.69 (up 4.2% YoY) and the FY2025 annual result came in at 0.68, up 11.89% from the prior year.
Debt Ratio retreated to 0.69 in Q2 2026 per NEXT's latest filing, from 0.71 in the prior quarter.
Over five years, Debt Ratio peaked at 0.71 in Q1 2026 and troughed at 0.48 in Q3 2023.
A 4-year average of 0.63 and a median of 0.66 in 2024 frame the typical range for Debt Ratio.
The sharpest annual moves came in 2024 and 2025: Debt Ratio jumped 37.83% in 2024, then grew 0.5% in 2025.
Over 4 years, Debt Ratio stood at 0.55 in 2023, then climbed by 12.03% to 0.61 in 2024, then rose by 11.89% to 0.68 in 2025, then advanced by 0.02% to 0.69 in 2026.
According to Business Quant data, Debt Ratio over the past three periods registered 0.69, 0.71, and 0.68 for Q2 2026, Q1 2026, and Q4 2025 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Debt Ratio (Qtr)
1	Slb	80.26 Bn	76.19 Bn	4.63 Bn	0.20
2	Baker Hughes	62.10 Bn	46.38 Bn	1.58 Bn	0.31
3	Tenaris	53.05 Bn	44.02 Bn	984.66	0.01
4	TechnipFMC	30.83 Bn	29.59 Bn	1.40 Bn	0.05
5	Halliburton	29.57 Bn	27.52 Bn	2.10 Bn	0.28
6	Nov	7.36 Bn	6.19 Bn	521.00 Mn	0.15
7	Weatherford International	6.56 Bn	5.43 Bn	662.00 Mn	0.29
8	Kodiak Gas Services	5.79 Bn	5.66 Bn	246.76 Mn	0.50
9	Archrock	5.55 Bn	5.55 Bn	244.51 Mn	0.53
10	NextDecade	1.89 Bn	1.39 Bn	-	0.69

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