NextDecade (NEXT) Debt Ratio (2016 - 2026)
NextDecade's (NEXT) quarterly Debt Ratio came in at 0.71 in Q1 2026, up 7.14% year-on-year from 0.66 in Q1 2025, and up 3.23% quarter-over-quarter from 0.68 in Q4 2025.
NextDecade (NEXT) Debt Ratio (2016 - 2026) Analysis & Trends
NextDecade has disclosed Debt Ratio across 6 years of filings, most recently posting 0.71 for Q1 2026.
- Debt Ratio for Q1 2026 came in at 0.71, up 7.14% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.71 (up 7.14% YoY), and the FY2025 annual result was 0.68, up 11.89% from the prior year.
- Debt Ratio came in at 0.71 for Q1 2026 at NextDecade, up 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 0.01 in Q2 2023.
- The 4-year median for Debt Ratio is 0.63 (2024), against an average of 0.57.
- Across the five-year window, Debt Ratio jumped 6090.03% in 2024 and increased 2.07% in 2025, its largest moves.
- NextDecade's Debt Ratio stood at 0.55 in 2023, then gained by 12.03% to 0.61 in 2024, then grew by 11.89% to 0.68 in 2025, then advanced by 3.23% to 0.71 in 2026.
- The last three Debt Ratio figures came in at 0.71 (Q1 2026), 0.68 (Q4 2025), and 0.66 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 0.18 |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 0.32 |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 0.00 |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 0.04 |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | 0.22 |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 0.15 |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 0.29 |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 0.54 |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 0.62 |
| 10 | NextDecade | 2.26 Bn | 4.19 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 | 0.65 |
| Jun 30, 2024 | 0.60 |
| Mar 31, 2024 | 0.57 |
| Dec 31, 2023 | 0.55 |
| Sep 30, 2023 | 0.48 |
| Jun 30, 2023 | 0.01 |
| Jun 30, 2017 | 0.01 |
| Mar 31, 2017 | 0.00 |
| Dec 31, 2016 | 0.00 |