NextDecade (NEXT) Depreciation and Depletion (2016 - 2026)
NextDecade's Depreciation and Depletion was $378,000 in Q1 2026, down 38.3% from $613,000 a year earlier and down 2.1% from the prior quarter.
NextDecade (NEXT) Depreciation and Depletion (2016 - 2026) Analysis & Trends
On a trailing twelve-month basis, NextDecade's Depreciation and Depletion was $1.55 million through Mar 31, 2026, down 37.0% year-over-year; for FY2025, it came in at $1.79 million, down 7.6% from FY2024.
- Depreciation and Depletion shows a five-year compound annual growth rate of 55.6% (FY2020 to FY2025).
- In earlier years, Depreciation and Depletion was $1.93 million in FY2024, $168,000 in FY2023 (+3.7%), $162,000 in FY2022 (-12.0%) and $184,000 in FY2021 (-6.1%).
- The Q1 2026 figure marks the lowest quarterly Depreciation and Depletion since Q1 2024.
- Compared with a year earlier, Depreciation and Depletion has declined for four straight quarters, with growth averaging 96.4% over the last five quarters.
- The best year-over-year quarter for Depreciation and Depletion over five years was Q1 2025 (growth of 629.8%); the worst was Q1 2026 (a decline of 38.3%).
- Per Business Quant data, NEXT's Depreciation and Depletion in the three quarters before Q1 2026 was $386,000 (Q4 2025), $393,000 (Q3 2025) and $393,000 (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.53 Bn | 99.08 Bn | 4.84 Bn | - |
| 2 | Enterprise Products Partners | 76.92 Bn | 75.35 Bn | - | 562.00 Mn |
| 3 | Energy Transfer | 67.97 Bn | 61.41 Bn | 7.40 Bn | - |
| 4 | Kinder Morgan | 67.10 Bn | 68.05 Bn | 3.07 Bn | - |
| 5 | Tc Energy | 60.19 Bn | 63.26 Bn | 2.81 Bn | - |
| 6 | Targa Resources | 57.97 Bn | 57.59 Bn | 2.14 Bn | 351.10 Mn |
| 7 | Mplx | 57.16 Bn | 50.72 Bn | 2.91 Bn | 320.00 Mn |
| 8 | Cheniere Energy | 55.61 Bn | 55.74 Bn | 5.29 Bn | 378.00 Mn |
| 9 | Oneok | 53.75 Bn | 52.24 Bn | 2.81 Bn | - |
| 10 | NextDecade | 1.68 Bn | 3.98 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 378,000.00 |
| Dec 31, 2025 | 386,000.00 |
| Sep 30, 2025 | 393,000.00 |
| Jun 30, 2025 | 393,000.00 |
| Mar 31, 2025 | 613,000.00 |
| Dec 31, 2024 | 614,000.00 |
| Sep 30, 2024 | 613,000.00 |
| Jun 30, 2024 | 620,000.00 |
| Mar 31, 2024 | 84,000.00 |
| Dec 31, 2023 | 51,000.00 |
| Sep 30, 2023 | 42,000.00 |
| Jun 30, 2023 | 38,000.00 |
| Mar 31, 2023 | 38,000.00 |
| Dec 31, 2022 | 33,000.00 |
| Sep 30, 2022 | 41,000.00 |
| Jun 30, 2022 | 42,000.00 |
| Mar 31, 2022 | 47,000.00 |
| Dec 31, 2021 | 48,000.00 |
| Sep 30, 2021 | 43,000.00 |
| Jun 30, 2021 | 45,000.00 |
NextDecade Depreciation and Depletion 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=depreciation-and-depletion&ticker=NEXT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "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=depreciation-and-depletion&ticker=NEXT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();