NextDecade (NEXT) Debt to Equity (2016 - 2026)
NextDecade's (NEXT) quarterly Debt to Equity came in at -$304.65 in Q1 2026, down 11642.23% year-on-year from N/an in Q1 2025, and down 8336.84% quarter-over-quarter from $3.7 in Q4 2025.
NextDecade (NEXT) Debt to Equity (2016 - 2026) Analysis & Trends
NextDecade has disclosed Debt to Equity across 6 years of filings, most recently posting -$304.65 for Q1 2026.
- Debt to Equity for Q1 2026 came in at -$304.65, down 11642.23% year-over-year; the trailing twelve-month figure through Mar 2026 was -$304.65 (down 11642.23% YoY), and the FY2025 annual result was $3.7, up 64.57% from the prior year.
- Debt to Equity came in at -$304.65 for Q1 2026 at NextDecade, down from $3.7 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $42.78 in Q3 2025 to a low of -$304.65 in Q1 2026.
- The 4-year median for Debt to Equity is $2.35 (2023), against an average of -$19.92.
- Across the five-year window, Debt to Equity surged 1384.7% in 2024 and slumped 11642.23% in 2026, its largest moves.
- NextDecade's Debt to Equity stood at $2.45 in 2023, then fell by 8.38% to $2.25 in 2024, then soared by 64.57% to $3.7 in 2025, then plunged by 8336.84% to -$304.65 in 2026.
- The last three Debt to Equity figures came in at -$304.65 (Q1 2026), $3.7 (Q4 2025), and $42.78 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 0.37 |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 0.83 |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 0.01 |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 0.13 |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | 0.53 |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 0.27 |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 0.84 |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 1.57 |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 2.37 |
| 10 | NextDecade | 2.26 Bn | 4.19 Bn | - | -304.65 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -304.65 |
| Dec 31, 2025 | 3.70 |
| Sep 30, 2025 | 42.78 |
| Jun 30, 2025 | 2.77 |
| Mar 31, 2025 | 2.64 |
| Dec 31, 2024 | 2.25 |
| Sep 30, 2024 | 3.17 |
| Jun 30, 2024 | 2.22 |
| Mar 31, 2024 | 2.11 |
| Dec 31, 2023 | 2.45 |
| Sep 30, 2023 | 1.69 |
| Jun 30, 2023 | -0.17 |
| Jun 30, 2017 | 0.29 |
| Mar 31, 2017 | 0.10 |
| Dec 31, 2016 | 0.00 |