NextDecade (NEXT) Market Capitalization (2015 - 2026)
NextDecade (NEXT) posted Market Capitalization of $2 billion for Q2 2026, down 14.0% from $2.32 billion a year earlier and down 1.5% from the prior quarter.
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Analysis
NextDecade (NEXT) Market Capitalization (2015 - 2026) Analysis & Trends
For FY2025, NextDecade's Market Capitalization came in at $1.4 billion, down 30.4% from FY2024.
- Annual Market Capitalization shows a five-year compound annual growth rate of 41.5% (FY2020 to FY2025).
- In prior years, NextDecade's Market Capitalization was $2.01 billion in FY2024 (+116.1%), $928.22 million in FY2023 (+30.9%), $708.89 million in FY2022 (+105.9%) and $344.28 million in FY2021 (+39.8%).
- Quarterly Market Capitalization has run from a low of $335.55 million in Q3 2021 to a high of $2.32 billion in Q2 2025 over five years.
- On a year-over-year basis, Market Capitalization increased in five of the last eight quarters, with growth averaging 20.5%.
- The strongest year-over-year quarter for Market Capitalization in the past five years was Q3 2022, with growth of 156.9%; the weakest was Q4 2025, with a decline of 30.4%.
- According to Business Quant data, Market Capitalization for the three prior quarters was $2.03 billion (Q1 2026), $1.4 billion (Q4 2025) and $1.8 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 104.61 Bn | 102.16 Bn | 4.84 Bn |
| 2 | Williams Companies | 86.01 Bn | 84.73 Bn | 2.54 Bn |
| 3 | Enterprise Products Partners | 79.84 Bn | 78.27 Bn | - |
| 4 | Kinder Morgan | 74.73 Bn | 75.68 Bn | 3.07 Bn |
| 5 | Energy Transfer | 69.14 Bn | 62.58 Bn | 7.40 Bn |
| 6 | Tc Energy | 64.29 Bn | 67.21 Bn | 2.81 Bn |
| 7 | Targa Resources | 62.77 Bn | 62.39 Bn | 2.14 Bn |
| 8 | Mplx | 59.18 Bn | 52.74 Bn | 2.91 Bn |
| 9 | Oneok | 58.53 Bn | 57.02 Bn | 2.81 Bn |
| 10 | NextDecade | 1.64 Bn | 3.93 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.00 Bn |
| Mar 31, 2026 | 2.03 Bn |
| Dec 31, 2025 | 1.40 Bn |
| Sep 30, 2025 | 1.80 Bn |
| Jun 30, 2025 | 2.32 Bn |
| Mar 31, 2025 | 2.03 Bn |
| Dec 31, 2024 | 2.01 Bn |
| Sep 30, 2024 | 1.23 Bn |
| Jun 30, 2024 | 2.05 Bn |
| Mar 31, 2024 | 1.46 Bn |
| Dec 31, 2023 | 928.22 Mn |
| Sep 30, 2023 | 1.31 Bn |
| Jun 30, 2023 | 1.29 Bn |
| Mar 31, 2023 | 742.52 Mn |
| Dec 31, 2022 | 708.89 Mn |
| Sep 30, 2022 | 862.06 Mn |
| Jun 30, 2022 | 565.21 Mn |
| Mar 31, 2022 | 804.99 Mn |
| Dec 31, 2021 | 344.28 Mn |
| Sep 30, 2021 | 335.55 Mn |
API Access
NextDecade Market Capitalization API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=market-capitalization&ticker=NEXT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "ticker": "NEXT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=market-capitalization&ticker=NEXT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();