NextDecade (NEXT) Return on Assets [ROA] (2015 - 2026)
NextDecade (NEXT) recorded Return on Assets [ROA] of 2.36% in Q3 2026, up 2.57 percentage points from -0.21% a year earlier and up 4.96 percentage points from the prior quarter.
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Analysis
NextDecade (NEXT) Return on Assets [ROA] (2015 - 2026) Analysis & Trends
For FY2025, NextDecade reported Return on Assets [ROA] of -4.56%, down 10.27 percentage points from FY2024.
- Annual Return on Assets [ROA] has a five-year change of +5.85 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Assets [ROA] came in at 5.70% in FY2024 (+17.89 pp), -12.19% in FY2023 (+10.29 pp), -22.48% in FY2022 (-13.27 pp) and -9.21% in FY2021 (+1.20 pp).
- The Q3 2026 figure is the highest quarterly Return on Assets [ROA] since Q4 2024.
- On a year-over-year basis, Return on Assets [ROA] rose in four of the last eight quarters, with an average year-over-year change of +0.88 percentage points.
- Peak year-over-year performance for Return on Assets [ROA] in the last five years was a gain of 57.04 percentage points in Q2 2024, against a drop of 42.02 percentage points in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at -2.60% (Q2 2026), -2.96% (Q1 2026) and -3.83% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.46 Bn | 104.34 Bn | 4.35 Bn | 3.01% |
| 2 | Williams Companies | 84.36 Bn | 87.15 Bn | 2.59 Bn | 5.07% |
| 3 | Enterprise Products Partners | 80.12 Bn | 78.52 Bn | 14.00 Mn | 8.04% |
| 4 | Kinder Morgan | 69.50 Bn | 69.59 Bn | 2.97 Bn | 4.96% |
| 5 | Energy Transfer | 66.92 Bn | 63.02 Bn | 6.57 Bn | 5.08% |
| 6 | Tc Energy | 66.06 Bn | 69.71 Bn | - | - |
| 7 | Targa Resources | 60.35 Bn | 59.56 Bn | 2.02 Bn | 8.58% |
| 8 | Cheniere Energy | 59.93 Bn | 59.50 Bn | 2.97 Bn | 9.60% |
| 9 | Mplx | 57.44 Bn | 51.69 Bn | 3.19 Bn | 10.07% |
| 10 | NextDecade | 1.70 Bn | 4.85 Bn | - | 2.36% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.36% |
| Jun 30, 2026 | -2.60% |
| Mar 31, 2026 | -2.96% |
| Dec 31, 2025 | -3.83% |
| Sep 30, 2025 | -0.21% |
| Jun 30, 2025 | -3.08% |
| Mar 31, 2025 | -2.32% |
| Dec 31, 2024 | 4.81% |
| Sep 30, 2024 | -9.31% |
| Jun 30, 2024 | 2.58% |
| Mar 31, 2024 | -0.20% |
| Dec 31, 2023 | -7.12% |
| Sep 30, 2023 | 0.94% |
| Jun 30, 2023 | -54.46% |
| Mar 31, 2023 | -24.33% |
| Dec 31, 2022 | -17.59% |
| Sep 30, 2022 | -15.78% |
| Jun 30, 2022 | -12.45% |
| Mar 31, 2022 | -10.37% |
| Dec 31, 2021 | -8.65% |
API Access
NextDecade Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=NEXT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=NEXT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();