NextDecade (NEXT) Return on Equity [ROE] (2015 - 2026)
NextDecade's Return on Equity [ROE] came in at -14.26% for Q2 2026, down 1.58 percentage points from -12.68% a year earlier but up 2.03 percentage points from the prior quarter.
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Analysis
NextDecade (NEXT) Return on Equity [ROE] (2015 - 2026) Analysis & Trends
For FY2025, NextDecade's Return on Equity [ROE] was -21.24%, down 43.57 percentage points from FY2024.
- Return on Equity [ROE] carries a five-year change of +8.08 percentage points (FY2020 to FY2025).
- Going back by year, Return on Equity [ROE] was 22.33% in FY2024 (+78.10 pp), -55.77% in FY2023 (+106.01 pp), -161.78% in FY2022 (-113.21 pp) and -48.57% in FY2021 (-19.25 pp).
- The five-year range for quarterly Return on Equity [ROE] is -997.78% (Q2 2023) to 19.89% (Q4 2024).
- Year-over-year, Return on Equity [ROE] has declined for three consecutive quarters, with an average year-over-year change of -4.47 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Equity [ROE] over five years came in Q2 2024 (a gain of 1007.31 percentage points), and the weakest in Q2 2023 (a drop of 677.81 percentage points).
- Business Quant data shows NEXT's Return on Equity [ROE] at -16.28% (Q1 2026), -20.09% (Q4 2025) and -1.00% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.53 Bn | 99.08 Bn | 4.84 Bn | 9.28% |
| 2 | Enterprise Products Partners | 76.92 Bn | 75.35 Bn | - | 20.74% |
| 3 | Energy Transfer | 67.97 Bn | 61.41 Bn | 7.40 Bn | 14.04% |
| 4 | Kinder Morgan | 67.10 Bn | 68.05 Bn | 3.07 Bn | 10.91% |
| 5 | Tc Energy | 60.19 Bn | 63.26 Bn | 2.81 Bn | 446.22% |
| 6 | Targa Resources | 57.97 Bn | 57.59 Bn | 2.14 Bn | 65.25% |
| 7 | Mplx | 57.16 Bn | 50.72 Bn | 2.91 Bn | 33.40% |
| 8 | Cheniere Energy | 55.61 Bn | 55.74 Bn | 5.29 Bn | 44.23% |
| 9 | Oneok | 53.75 Bn | 52.24 Bn | 2.81 Bn | 16.10% |
| 10 | NextDecade | 1.68 Bn | 3.98 Bn | - | -14.26% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -14.26% |
| Mar 31, 2026 | -16.28% |
| Dec 31, 2025 | -20.09% |
| Sep 30, 2025 | -1.00% |
| Jun 30, 2025 | -12.68% |
| Mar 31, 2025 | -8.91% |
| Dec 31, 2024 | 19.89% |
| Sep 30, 2024 | -39.56% |
| Jun 30, 2024 | 9.53% |
| Mar 31, 2024 | -0.80% |
| Dec 31, 2023 | -28.45% |
| Sep 30, 2023 | 3.83% |
| Jun 30, 2023 | -997.78% |
| Mar 31, 2023 | -140.08% |
| Dec 31, 2022 | -85.18% |
| Sep 30, 2022 | -94.26% |
| Jun 30, 2022 | -319.98% |
| Mar 31, 2022 | -233.02% |
| Dec 31, 2021 | -75.48% |
| Sep 30, 2021 | -46.79% |
API Access
NextDecade Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=NEXT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=NEXT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();