Growth Metrics

NextDecade (NEXT) Equity Ratio (2016 - 2025)

NextDecade (NEXT) has disclosed Equity Ratio for 11 consecutive years, with 0.19 as the latest value for Q4 2025.

  • Quarterly Equity Ratio fell 32.01% to 0.19 in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 0.19 through Dec 2025, down 32.01% year-over-year, with the annual reading at 0.19 for FY2025, 32.01% down from the prior year.
  • Equity Ratio hit 0.19 in Q4 2025 for NextDecade, up from 0.02 in the prior quarter.
  • In the past five years, Equity Ratio ranged from a high of 0.27 in Q4 2024 to a low of 0.06 in Q2 2023.
  • Historically, Equity Ratio has averaged 0.17 across 5 years, with a median of 0.18 in 2025.
  • Biggest YoY gain for Equity Ratio was 28560.9% in 2023; the steepest drop was 174.71% in 2023.
  • Year by year, Equity Ratio stood at 0.09 in 2021, then surged by 94.31% to 0.17 in 2022, then increased by 28.01% to 0.22 in 2023, then rose by 22.27% to 0.27 in 2024, then tumbled by 32.01% to 0.19 in 2025.
  • Business Quant data shows Equity Ratio for NEXT at 0.19 in Q4 2025, 0.02 in Q3 2025, and 0.24 in Q2 2025.