NextDecade (NEXT) Total Debt (2014 - 2026)
NextDecade's Total Debt came in at $10.42 billion for Q2 2026, up 101.5% from $5.17 billion a year earlier and up 11.3% from the prior quarter.
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Analysis
NextDecade (NEXT) Total Debt (2014 - 2026) Analysis & Trends
At the end of FY2025, NextDecade's Total Debt was $8.51 billion, up 117.1% from FY2024.
- Going back by year, Total Debt was $3.92 billion in FY2024 (+115.8%) and $1.82 billion in FY2023.
- The Q2 2026 figure represents the highest quarterly Total Debt in data going back to Q4 2014.
- Year-over-year, Total Debt has increased for eight consecutive quarters, with growth averaging 106.5% over the last eight quarters.
- Over the past five years, the year-over-year growth in Total Debt ranged from 82.5% (Q2 2025) to 139.9% (Q3 2024).
- Business Quant data shows NEXT's Total Debt at $9.36 billion (Q1 2026), $8.51 billion (Q4 2025) and $6.61 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 105.09 Bn | 100.69 Bn | 4.84 Bn | 78.92 Bn |
| 2 | Williams Companies | 89.08 Bn | 87.80 Bn | 2.54 Bn | 6.64 Bn |
| 3 | Enterprise Products Partners | 79.30 Bn | 77.68 Bn | - | 33.23 Bn |
| 4 | Kinder Morgan | 75.86 Bn | 75.57 Bn | 3.07 Bn | 32.25 Bn |
| 5 | Energy Transfer | 69.55 Bn | 62.73 Bn | 7.40 Bn | 68.41 Bn |
| 6 | Tc Energy | 65.04 Bn | 61.13 Bn | 2.81 Bn | 11.91 Bn |
| 7 | Targa Resources | 63.49 Bn | 62.97 Bn | 2.14 Bn | 19.58 Bn |
| 8 | Cheniere Energy | 59.56 Bn | 54.39 Bn | 5.29 Bn | 24.04 Bn |
| 9 | Mplx | 59.43 Bn | 52.99 Bn | 2.91 Bn | 26.01 Bn |
| 10 | NextDecade | 1.60 Bn | 1.02 Bn | - | 10.42 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.42 Bn |
| Mar 31, 2026 | 9.36 Bn |
| Dec 31, 2025 | 8.51 Bn |
| Sep 30, 2025 | 6.61 Bn |
| Jun 30, 2025 | 5.17 Bn |
| Mar 31, 2025 | 4.55 Bn |
| Dec 31, 2024 | 3.92 Bn |
| Sep 30, 2024 | 3.32 Bn |
| Jun 30, 2024 | 2.83 Bn |
| Mar 31, 2024 | 2.39 Bn |
| Dec 31, 2023 | 1.82 Bn |
| Sep 30, 2023 | 1.38 Bn |
| Jun 30, 2017 | 1.54 Mn |
| Mar 31, 2017 | 632,619.00 |
| Dec 31, 2016 | 60,000.00 |
| Mar 31, 2015 | 50,000.00 |
| Dec 31, 2014 | 50,000.00 |
API Access
NextDecade Total Debt 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=total-debt&ticker=NEXT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=NEXT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();