NextDecade (NEXT) Interest Coverage Ratio (2015 - 2026)
NextDecade (NEXT) reported Interest Coverage Ratio of 0.33 for Q1 2026, up 53.43% on a YoY basis from 0.22 in Q1 2025, and up 48.79% sequentially from 0.65 in Q4 2025.
NextDecade (NEXT) Interest Coverage Ratio (2015 - 2026) Analysis & Trends
NextDecade (NEXT) has 12 years of Interest Coverage Ratio data on file, last reported at 0.33 in Q1 2026.
- For the quarter ending Q1 2026, Interest Coverage Ratio rose 53.43% year-over-year to 0.33; the trailing twelve-month figure through Mar 2026 stood at 0.65 (up 14.36% YoY), and the FY2025 full-year result was 1.33, down 51.38% from the prior year.
- Interest Coverage Ratio advanced to 0.33 in Q1 2026, from 0.65 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 0.24 in Q2 2025 to a low of 189.28 in Q3 2022.
- A 5-year average of 23.22 and a median of 1.31 in 2023 frame the typical range for Interest Coverage Ratio.
- Peak annual rise in Interest Coverage Ratio reached 99.42% in 2023, while the deepest fall reached 215.01% in 2023.
- Tracing NEXT's Interest Coverage Ratio over 5 years: stood at 189.28 in 2022, then surged by 99.04% to 1.81 in 2023, then jumped by 80.82% to 0.35 in 2024, then tumbled by 85.95% to 0.65 in 2025, then soared by 48.79% to 0.33 in 2026.
- Business Quant data shows NEXT's Interest Coverage Ratio at 0.33 in Q1 2026, 0.65 in Q4 2025, and 1.79 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 70.54 Bn | 68.33 Bn | 5.38 Bn | 8.09 |
| 2 | Tenaris | 57.93 Bn | 46.32 Bn | 1.05 Bn | -130.03 |
| 3 | TechnipFMC | 30.31 Bn | 29.04 Bn | 1.64 Bn | 4.46 |
| 4 | Halliburton | 27.38 Bn | 25.42 Bn | 2.10 Bn | 1.08 |
| 5 | Nov | 7.25 Bn | 5.97 Bn | 379.00 Mn | 5.41 |
| 6 | Archrock | 6.68 Bn | 6.68 Bn | 247.42 Mn | 5.11 |
| 7 | Weatherford International | 6.15 Bn | 5.02 Bn | 776.00 Mn | 53.50 |
| 8 | Kodiak Gas Services | 5.93 Bn | 5.84 Bn | 222.88 Mn | 1.60 |
| 9 | Oceaneering International | 5.32 Bn | 4.71 Bn | 156.98 Mn | 10.43 |
| 10 | NextDecade | 2.11 Bn | 4.03 Bn | - | -0.33 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.33 |
| Dec 31, 2025 | -0.65 |
| Sep 30, 2025 | -1.79 |
| Jun 30, 2025 | -0.24 |
| Mar 31, 2025 | -0.71 |
| Dec 31, 2024 | -0.35 |
| Sep 30, 2024 | -3.09 |
| Jun 30, 2024 | -1.52 |
| Mar 31, 2024 | -1.04 |
| Dec 31, 2023 | -1.81 |
| Sep 30, 2023 | -1.10 |
| Mar 31, 2023 | -93.48 |
| 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 |
| Jun 30, 2020 | -91.42 |
| Mar 31, 2020 | -27.96 |