NextDecade (NEXT) Interest Coverage Ratio (2015 - 2026)
NextDecade (NEXT) posted Interest Coverage Ratio of 0.07 for Q2 2026, up 53.99% sequentially from 0.15 in Q1 2026, and up 89.59% YoY from 0.04 in Q2 2025.
NextDecade (NEXT) Interest Coverage Ratio (2015 - 2026) Analysis & Trends
NextDecade has reported Interest Coverage Ratio for 12 years, with the latest figure at 0.07 in Q2 2026.
- Quarterly Interest Coverage Ratio rose 89.59% year-over-year to 0.07 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.29 (up 67.15% YoY) and the FY2025 annual result came in at 0.55, up 37.27% from the prior year.
- Interest Coverage Ratio climbed to 0.07 in Q2 2026 per NEXT's latest filing, from 0.15 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 0.07 in Q2 2026 and troughed at 93.48 in Q1 2023.
- A 5-year average of 9.72 and a median of 1.0 in 2024 frame the typical range for Interest Coverage Ratio.
- The sharpest annual moves came in 2022 and 2024: Interest Coverage Ratio slumped 236.31% in 2022, then surged 98.89% in 2024.
- Over 5 years, Interest Coverage Ratio stood at 13.45 in 2022, then surged by 86.54% to 1.81 in 2023, then decreased by 21.45% to 2.2 in 2024, then soared by 70.64% to 0.65 in 2025, then soared by 89.25% to 0.07 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 0.07, 0.15, and 0.65 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 33.66 |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | - |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | -40.66 |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | -82.21 |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | - |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 12.48 |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | - |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | - |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 5.53 |
| 10 | NextDecade | 1.85 Bn | 1.35 Bn | - | -0.60 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -0.07 |
| Mar 31, 2026 | -0.33 |
| Dec 31, 2025 | 0.00 |
| Sep 30, 2025 | -1.79 |
| Jun 30, 2025 | -0.24 |
| Mar 31, 2025 | -0.71 |
| Dec 31, 2024 | -2.20 |
| Sep 30, 2024 | -3.09 |
| Jun 30, 2024 | -1.52 |
| Mar 31, 2024 | -1.04 |
| Dec 31, 2023 | -1.81 |
| Sep 30, 2023 | -1.11 |
| Mar 31, 2023 | -93.48 |
| Dec 31, 2022 | 29.88 |
| Sep 30, 2022 | -189.28 |
| Mar 31, 2022 | -29.68 |
| Dec 31, 2021 | -68.29 |
| Mar 31, 2021 | -9.54 |
| Dec 31, 2020 | -9.91 |
| Sep 30, 2020 | -8.81 |