NextDecade (NEXT) Debt Ratio (2014 - 2026)
NextDecade's (NEXT) Debt Ratio came in at 0.67 for Q3 2026, up 1.9% from 0.66 a year earlier but down 1.7% from the prior quarter.
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Analysis
NextDecade (NEXT) Debt Ratio (2014 - 2026) Analysis & Trends
For FY2025, NextDecade's Debt Ratio stood at 0.68, up 11.9% from FY2024.
- In prior years, NextDecade's Debt Ratio was 0.61 in FY2024 (+12.0%) and 0.55 in FY2023.
- Quarterly Debt Ratio has run from a low of 0.48 in Q3 2023 to a high of 0.71 in Q1 2026 over five years.
- On a year-over-year basis, Debt Ratio has increased in each of the last nine quarters, with growth averaging 8.1% over the last eight quarters.
- The year-over-year growth in Debt Ratio has ranged between 1.9% (Q3 2026) and 35.7% (Q3 2024) over the last five years.
- According to Business Quant data, Debt Ratio for the three prior quarters was 0.69 (Q2 2026), 0.71 (Q1 2026) and 0.68 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 104.21 Bn | 99.81 Bn | 4.84 Bn | 0.48 |
| 2 | Williams Companies | 83.97 Bn | 81.00 Bn | 2.59 Bn | 0.09 |
| 3 | Enterprise Products Partners | 79.65 Bn | 78.01 Bn | - | 0.40 |
| 4 | Kinder Morgan | 69.38 Bn | 68.24 Bn | 2.97 Bn | 0.44 |
| 5 | Energy Transfer | 66.22 Bn | 62.05 Bn | 6.57 Bn | 0.46 |
| 6 | Tc Energy | 66.00 Bn | 62.09 Bn | - | 0.40 |
| 7 | Targa Resources | 60.20 Bn | 59.65 Bn | 2.02 Bn | 0.67 |
| 8 | Cheniere Energy | 59.73 Bn | 53.88 Bn | 2.97 Bn | 0.49 |
| 9 | Mplx | 57.64 Bn | 51.66 Bn | 3.19 Bn | 0.61 |
| 10 | NextDecade | 1.70 Bn | 1.20 Bn | - | 0.67 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.67 |
| Jun 30, 2026 | 0.69 |
| 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, 2017 | 0.01 |
| Mar 31, 2017 | 0.01 |
| Dec 31, 2016 | 0.00 |
| Mar 31, 2015 | 0.00 |
| Dec 31, 2014 | 0.43 |
API Access
NextDecade Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=NEXT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "NEXT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=NEXT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();