NextDecade (NEXT) EV to EBITDA (2017 - 2026)
NextDecade's (NEXT) quarterly EV to EBITDA came in at 80.14 in Q2 2026, down 28.94% year-over-year from 112.77 in Q2 2025, and down 10.89% quarter-over-quarter from 72.27 in Q1 2026.
Analysis
NextDecade (NEXT) EV to EBITDA (2017 - 2026) Analysis & Trends
NextDecade has disclosed EV to EBITDA across 10 years of filings, most recently posting 80.14 for Q2 2026.
- In Q2 2026, EV to EBITDA fell 28.94% year-over-year to 80.14; the TTM figure through Jun 2026 stood at 19.33 (down 10.96% YoY), while the FY2025 annual figure was 12.91, up 26.72% from the prior year.
- EV to EBITDA came in at 80.14 for Q2 2026 at NextDecade, down from 72.27 in the prior quarter.
- In the past five years, EV to EBITDA ranged from a high of 25.54 in Q1 2023 to a low of 153.85 in Q1 2022.
- Average EV to EBITDA over 5 years is 55.44, with a median of 47.41 recorded in 2022.
- Year-over-year, EV to EBITDA soared 83.4% in 2023 and sank 101.71% in 2024.
- Over 5 years, EV to EBITDA stood at 31.67 in 2022, then declined by 6.87% to 33.84 in 2023, then tumbled by 101.71% to 68.27 in 2024, then climbed by 6.62% to 63.75 in 2025, then dropped by 25.7% to 80.14 in 2026.
- Per Business Quant data, the three most recent EV to EBITDA figures were 80.14 in Q2 2026, 72.27 in Q1 2026, and 63.75 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cheniere Energy | 60.31 Bn | 64.35 Bn | 5.29 Bn |
| 2 | Venture Global | 35.87 Bn | 36.16 Bn | 2.92 Bn |
| 3 | Cheniere Energy Partners | 33.13 Bn | 32.69 Bn | 1.82 Bn |
| 4 | Golar Lng | 5.28 Bn | 2.58 Bn | 88.31 Mn |
| 5 | Excelerate Energy | 4.69 Bn | 5.90 Bn | 273.19 Mn |
| 6 | NextDecade | 1.95 Bn | 4.32 Bn | - |
| 7 | Stabilis Solutions | 111.39 Mn | 97.07 Mn | 2.35 Mn |
| 8 | New Fortress Energy | 77.11 Mn | -301.82 Mn | 102.12 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -80.14 |
| Mar 31, 2026 | -72.27 |
| Dec 31, 2025 | -63.75 |
| Sep 30, 2025 | -40.14 |
| Jun 30, 2025 | -62.15 |
| Mar 31, 2025 | -59.71 |
| Dec 31, 2024 | -68.27 |
| Sep 30, 2024 | -27.51 |
| Jun 30, 2024 | -64.00 |
| Mar 31, 2024 | -47.91 |
| Dec 31, 2023 | -33.84 |
| Sep 30, 2023 | -33.75 |
| Jun 30, 2023 | -45.50 |
| Mar 31, 2023 | -25.54 |
| Dec 31, 2022 | -31.67 |
| Sep 30, 2022 | -46.91 |
| Jun 30, 2022 | -41.07 |
| Mar 31, 2022 | -153.85 |
| Dec 31, 2021 | -40.84 |
| Sep 30, 2021 | -94.05 |