NextDecade (NEXT) Minority Interest (2023 - 2026)
NextDecade's Minority Interest came in at $2.87 billion for Q2 2026, up 79.1% from $1.61 billion a year earlier and up 20.2% from the prior quarter.
Analysis
NextDecade (NEXT) Minority Interest (2023 - 2026) Analysis & Trends
At the end of FY2025, NextDecade's Minority Interest was $2.21 billion, up 61.4% from FY2024.
- Going back by year, Minority Interest was $1.37 billion in FY2024 (+202.0%) and $452.51 million in FY2023.
- The Q2 2026 figure represents the highest quarterly Minority Interest in data going back to Q3 2023.
- Year-over-year, Minority Interest has increased for eight consecutive quarters, with growth averaging 135.9% over the last eight quarters.
- Across the past five years, year-over-year growth in Minority Interest ran from 10.4% in Q3 2024 to 384.6% in Q3 2025.
- Business Quant data shows NEXT's Minority Interest at $2.39 billion (Q1 2026), $2.21 billion (Q4 2025) and $1.82 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 104.84 Bn | 100.44 Bn | 4.84 Bn |
| 2 | Williams Companies | 89.20 Bn | 87.92 Bn | 2.54 Bn |
| 3 | Enterprise Products Partners | 79.12 Bn | 77.51 Bn | - |
| 4 | Kinder Morgan | 75.45 Bn | 75.15 Bn | 3.07 Bn |
| 5 | Energy Transfer | 69.26 Bn | 62.44 Bn | 7.40 Bn |
| 6 | Tc Energy | 64.74 Bn | 60.82 Bn | 2.81 Bn |
| 7 | Targa Resources | 63.52 Bn | 63.00 Bn | 2.14 Bn |
| 8 | Cheniere Energy | 59.48 Bn | 54.30 Bn | 5.29 Bn |
| 9 | Mplx | 59.26 Bn | 52.82 Bn | 2.91 Bn |
| 10 | NextDecade | 1.60 Bn | 1.02 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.87 Bn |
| Mar 31, 2026 | 2.39 Bn |
| Dec 31, 2025 | 2.21 Bn |
| Sep 30, 2025 | 1.82 Bn |
| Jun 30, 2025 | 1.61 Bn |
| Mar 31, 2025 | 1.42 Bn |
| Dec 31, 2024 | 1.37 Bn |
| Sep 30, 2024 | 375.94 Mn |
| Jun 30, 2024 | 645.82 Mn |
| Mar 31, 2024 | 610.94 Mn |
| Dec 31, 2023 | 452.51 Mn |
| Sep 30, 2023 | 340.64 Mn |
API Access
NextDecade Minority Interest 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=minority-interest&ticker=NEXT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "minority-interest", "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=minority-interest&ticker=NEXT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();