NextDecade (NEXT) Common Equity (2014 - 2026)
NextDecade (NEXT) reported Common Equity of $3.75 billion for Q3 2026, up 90.0% from $1.98 billion a year earlier and up 33.3% from the prior quarter.
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Analysis
NextDecade (NEXT) Common Equity (2014 - 2026) Analysis & Trends
At the end of FY2025, NextDecade posted Common Equity of $2.3 billion, up 31.9% from FY2024.
- Common Equity has a five-year compound annual growth rate of 107.1% (FY2020 to FY2025).
- By year, Common Equity came in at $1.74 billion in FY2024 (+135.6%), $740.43 million in FY2023, $54.37 million in FY2022 (+173.3%) and $19.89 million in FY2021 (-67.1%).
- The Q3 2026 figure ranks as the highest quarterly Common Equity in data going back to Q4 2014.
- Year over year, Common Equity has now increased in each of the last nine quarters, with growth averaging 66.5% over the last eight quarters.
- The high point for year-over-year Common Equity in five years was Q3 2023 (growth of 970.8%); the low point was Q4 2021 (a decline of 67.1%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $2.82 billion (Q2 2026), $2.36 billion (Q1 2026) and $2.3 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 104.21 Bn | 99.81 Bn | 4.84 Bn | 47.93 Bn |
| 2 | Williams Companies | 83.97 Bn | 81.00 Bn | 2.59 Bn | 15.73 Bn |
| 3 | Enterprise Products Partners | 79.65 Bn | 78.01 Bn | - | 31.19 Bn |
| 4 | Kinder Morgan | 69.38 Bn | 68.24 Bn | 2.97 Bn | 32.83 Bn |
| 5 | Energy Transfer | 66.22 Bn | 62.05 Bn | 6.57 Bn | 49.65 Bn |
| 6 | Tc Energy | 66.00 Bn | 62.09 Bn | - | 26.94 Bn |
| 7 | Targa Resources | 60.20 Bn | 59.65 Bn | 2.02 Bn | 3.96 Bn |
| 8 | Cheniere Energy | 59.73 Bn | 53.88 Bn | 2.97 Bn | 11.97 Bn |
| 9 | Mplx | 57.64 Bn | 51.66 Bn | 3.19 Bn | 14.29 Bn |
| 10 | NextDecade | 1.70 Bn | 1.20 Bn | - | 3.75 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.75 Bn |
| Jun 30, 2026 | 2.82 Bn |
| Mar 31, 2026 | 2.36 Bn |
| Dec 31, 2025 | 2.30 Bn |
| Sep 30, 2025 | 1.98 Bn |
| Jun 30, 2025 | 1.87 Bn |
| Mar 31, 2025 | 1.72 Bn |
| Dec 31, 2024 | 1.74 Bn |
| Sep 30, 2024 | 1.05 Bn |
| Jun 30, 2024 | 1.28 Bn |
| Mar 31, 2024 | 1.14 Bn |
| Dec 31, 2023 | 740.43 Mn |
| Sep 30, 2023 | 817.64 Mn |
| Jun 30, 2023 | -19.68 Mn |
| Mar 31, 2023 | 56.84 Mn |
| Dec 31, 2022 | 54.37 Mn |
| Sep 30, 2022 | 76.36 Mn |
| Jun 30, 2022 | 18.28 Mn |
| Mar 31, 2022 | -135,000.00 |
| Dec 31, 2021 | 19.89 Mn |
API Access
NextDecade Common Equity 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=common-equity&ticker=NEXT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "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=common-equity&ticker=NEXT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();