NextDecade (NEXT) Price to Book (2015 - 2026)
NextDecade's (NEXT) Price to Book stood at 0.45 in Q3 2026, down 50.6% from 0.91 a year earlier and down 36.8% from the prior quarter.
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Analysis
NextDecade (NEXT) Price to Book (2015 - 2026) Analysis & Trends
For FY2025, NextDecade's Price to Book came in at 0.61, down 47.3% from FY2024.
- Annual Price to Book has declined for four straight years.
- Across earlier years, Price to Book came in at 1.15 in FY2024 (-8.3%), 1.25 in FY2023 (-90.4%), 13.04 in FY2022 (-24.7%) and 17.31 in FY2021 (+324.8%).
- The Q3 2026 figure is the lowest quarterly Price to Book in data going back to Q2 2015.
- On a year-over-year basis, Price to Book has declined for nine consecutive quarters, with an average decline of 28.7% over the last eight quarters.
- Peak year-over-year performance for Price to Book in the last five years was growth of 324.8% in Q4 2021, against a decline of 90.4% in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.71 (Q2 2026), 0.86 (Q1 2026) and 0.61 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 106.46 Bn | 104.34 Bn | 4.35 Bn |
| 2 | Williams Companies | 84.36 Bn | 87.15 Bn | 2.59 Bn |
| 3 | Enterprise Products Partners | 80.12 Bn | 78.52 Bn | 14.00 Mn |
| 4 | Kinder Morgan | 69.50 Bn | 69.59 Bn | 2.97 Bn |
| 5 | Energy Transfer | 66.92 Bn | 63.02 Bn | 6.57 Bn |
| 6 | Tc Energy | 66.06 Bn | 69.71 Bn | - |
| 7 | Targa Resources | 60.35 Bn | 59.56 Bn | 2.02 Bn |
| 8 | Cheniere Energy | 59.93 Bn | 59.50 Bn | 2.97 Bn |
| 9 | Mplx | 57.44 Bn | 51.69 Bn | 3.19 Bn |
| 10 | NextDecade | 1.70 Bn | 4.85 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.45 |
| Jun 30, 2026 | 0.71 |
| Mar 31, 2026 | 0.86 |
| Dec 31, 2025 | 0.61 |
| Sep 30, 2025 | 0.91 |
| Jun 30, 2025 | 1.25 |
| Mar 31, 2025 | 1.18 |
| Dec 31, 2024 | 1.15 |
| Sep 30, 2024 | 1.17 |
| Jun 30, 2024 | 1.60 |
| Mar 31, 2024 | 1.29 |
| Dec 31, 2023 | 1.25 |
| Sep 30, 2023 | 1.61 |
| Mar 31, 2023 | 13.06 |
| Dec 31, 2022 | 13.04 |
| Sep 30, 2022 | 11.29 |
| Jun 30, 2022 | 30.92 |
| Dec 31, 2021 | 17.31 |
| Sep 30, 2021 | 10.55 |
| Jun 30, 2021 | 13.93 |
API Access
NextDecade Price to Book 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=price-to-book&ticker=NEXT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "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=price-to-book&ticker=NEXT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();