NextDecade (NEXT) Total Debt (2014 - 2026)
NextDecade's Total Debt came in at $11.99 billion for Q3 2026, up 81.4% from $6.61 billion a year earlier and up 15.1% 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 Q3 2026 figure represents the highest quarterly Total Debt in data going back to Q4 2014.
- Year-over-year, Total Debt has increased for nine consecutive quarters, with growth averaging 99.2% over the last eight quarters.
- Over the past five years, the year-over-year growth in Total Debt ranged from 81.4% (Q3 2026) to 139.9% (Q3 2024).
- Business Quant data shows NEXT's Total Debt at $10.42 billion (Q2 2026), $9.36 billion (Q1 2026) and $8.51 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.46 Bn | 104.34 Bn | 4.35 Bn | 80.53 Bn |
| 2 | Williams Companies | 84.36 Bn | 87.15 Bn | 2.59 Bn | 6.62 Bn |
| 3 | Enterprise Products Partners | 80.12 Bn | 78.52 Bn | 14.00 Mn | 33.44 Bn |
| 4 | Kinder Morgan | 69.50 Bn | 69.59 Bn | 2.97 Bn | 33.07 Bn |
| 5 | Energy Transfer | 66.92 Bn | 63.02 Bn | 6.57 Bn | 68.85 Bn |
| 6 | Tc Energy | 66.06 Bn | 69.71 Bn | - | 42.16 Bn |
| 7 | Targa Resources | 60.35 Bn | 59.56 Bn | 2.02 Bn | 19.84 Bn |
| 8 | Cheniere Energy | 59.93 Bn | 59.50 Bn | 2.97 Bn | 23.93 Bn |
| 9 | Mplx | 57.44 Bn | 51.69 Bn | 3.19 Bn | 27.01 Bn |
| 10 | NextDecade | 1.70 Bn | 4.85 Bn | - | 11.99 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 11.99 Bn |
| 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 |
| Dec 31, 2015 | -50,000.00 |
| Mar 31, 2015 | 125,674.00 |
| 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();