NextDecade (NEXT) EV to FCF (2017 - 2026)
NextDecade's (NEXT) quarterly EV to FCF came in at 4.38 in Q2 2026, up 7.18% year-over-year from 4.09 in Q2 2025, and down 42.64% quarter-over-quarter from 3.07 in Q1 2026.
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NextDecade (NEXT) EV to FCF (2017 - 2026) Analysis & Trends
NextDecade has disclosed EV to FCF across 10 years of filings, most recently posting 4.38 for Q2 2026.
- In Q2 2026, EV to FCF rose 7.18% year-over-year to 4.38; the TTM figure through Jun 2026 stood at 0.76 (up 37.4% YoY), while the FY2025 annual figure was 0.58, up 48.44% from the prior year.
- EV to FCF came in at 4.38 for Q2 2026 at NextDecade, down from 3.07 in the prior quarter.
- In the past five years, EV to FCF ranged from a high of 1.27 in Q3 2023 to a low of 68.01 in Q1 2022.
- Average EV to FCF over 5 years is 15.37, with a median of 4.24 recorded in 2024.
- Year-over-year, EV to FCF jumped 97.72% in 2023 and tumbled 197.22% in 2024.
- Over 5 years, EV to FCF stood at 16.07 in 2022, then surged by 91.13% to 1.43 in 2023, then plunged by 197.22% to 4.24 in 2024, then surged by 65.98% to 1.44 in 2025, then sank by 204.09% to 4.38 in 2026.
- Per Business Quant data, the three most recent EV to FCF figures were 4.38 in Q2 2026, 3.07 in Q1 2026, and 1.44 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 | -4.38 |
| Mar 31, 2026 | -3.07 |
| Dec 31, 2025 | -1.44 |
| Sep 30, 2025 | -2.00 |
| Jun 30, 2025 | -4.72 |
| Mar 31, 2025 | -3.65 |
| Dec 31, 2024 | -4.24 |
| Sep 30, 2024 | -2.35 |
| Jun 30, 2024 | -4.24 |
| Mar 31, 2024 | -2.27 |
| Dec 31, 2023 | -1.43 |
| Sep 30, 2023 | -1.27 |
| Jun 30, 2023 | -25.34 |
| Mar 31, 2023 | -15.46 |
| Dec 31, 2022 | -16.07 |
| Sep 30, 2022 | -55.53 |
| Jun 30, 2022 | -61.23 |
| Mar 31, 2022 | -68.01 |
| Dec 31, 2021 | -33.82 |
| Sep 30, 2021 | -40.05 |