NextDecade (NEXT) Interest Coverage Ratio (2016 - 2026)
NextDecade's (NEXT) quarterly Interest Coverage Ratio came in at 0.7 in Q1 2026, up 63.56% year-on-year from 0.43 in Q1 2025, and down 7.69% quarter-over-quarter from 0.65 in Q4 2025.
NextDecade (NEXT) Interest Coverage Ratio (2016 - 2026) Analysis & Trends
NextDecade has disclosed Interest Coverage Ratio across 8 years of filings, most recently posting 0.7 for Q1 2026.
- Interest Coverage Ratio for Q1 2026 came in at 0.7, up 63.56% year-over-year; the trailing twelve-month figure through Mar 2026 was 1.04 (up 49.8% YoY), and the FY2025 annual result was 1.33, up 32.0% from the prior year.
- Interest Coverage Ratio came in at 0.7 for Q1 2026 at NextDecade, down from 0.65 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 0.65 in Q4 2025 to a low of 3.09 in Q3 2024.
- The 4-year median for Interest Coverage Ratio is 1.78 (2025), against an average of 1.65.
- Across the five-year window, Interest Coverage Ratio slumped 180.61% in 2024 and soared 70.64% in 2025, its largest moves.
- NextDecade's Interest Coverage Ratio stood at 1.81 in 2023, then fell by 21.45% to 2.2 in 2024, then jumped by 70.64% to 0.65 in 2025, then retreated by 7.69% to 0.7 in 2026.
- The last three Interest Coverage Ratio figures came in at 0.7 (Q1 2026), 0.65 (Q4 2025), and 1.86 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 38.03 |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | - |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | - |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 21.16 |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | - |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 2.14 |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | - |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 5.10 |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | - |
| 10 | NextDecade | 2.26 Bn | 4.19 Bn | - | -0.70 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.70 |
| Dec 31, 2025 | -0.65 |
| Sep 30, 2025 | -1.86 |
| Jun 30, 2025 | -1.78 |
| Mar 31, 2025 | -1.91 |
| Dec 31, 2024 | -2.20 |
| Sep 30, 2024 | -3.09 |
| Jun 30, 2024 | -1.52 |
| Mar 31, 2024 | -1.50 |
| Dec 31, 2023 | -1.81 |
| Sep 30, 2023 | -1.10 |
| Dec 31, 2019 | -596.14 |
| Dec 31, 2018 | -238.04 |
| Mar 31, 2018 | -387.62 |
| Sep 30, 2017 | -1,190.83 |
| Mar 31, 2017 | -302.13 |
| Dec 31, 2016 | -40.04 |
| Sep 30, 2016 | -171.75 |