NextDecade (NEXT) Return on Equity [ROE] (2015 - 2026)
NextDecade's Return on Equity [ROE] came in at 11.86% for Q3 2026, up 12.86 percentage points from -1.00% a year earlier and up 26.11 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 Q3 2026 figure represents the highest quarterly Return on Equity [ROE] since Q4 2024.
- Year-over-year, Return on Equity [ROE] increased in three of the last eight quarters, with an average year-over-year change of +2.57 percentage points.
- 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 -14.26% (Q2 2026), -16.28% (Q1 2026) and -20.09% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.46 Bn | 104.34 Bn | 4.35 Bn | 10.24% |
| 2 | Williams Companies | 84.36 Bn | 87.15 Bn | 2.59 Bn | 21.40% |
| 3 | Enterprise Products Partners | 80.12 Bn | 78.52 Bn | 14.00 Mn | 21.37% |
| 4 | Kinder Morgan | 69.50 Bn | 69.59 Bn | 2.97 Bn | 11.28% |
| 5 | Energy Transfer | 66.92 Bn | 63.02 Bn | 6.57 Bn | 15.09% |
| 6 | Tc Energy | 66.06 Bn | 69.71 Bn | - | 17.29% |
| 7 | Targa Resources | 60.35 Bn | 59.56 Bn | 2.02 Bn | 64.32% |
| 8 | Cheniere Energy | 59.93 Bn | 59.50 Bn | 2.97 Bn | 39.63% |
| 9 | Mplx | 57.44 Bn | 51.69 Bn | 3.19 Bn | 30.73% |
| 10 | NextDecade | 1.70 Bn | 4.85 Bn | - | 11.86% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 11.86% |
| 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% |
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();