NEXT NextDecade Corp
$6.07
▲ 1.0%Updated Oct 16, 2:25 PM ET
Report Card
NEXT at a glance — five pillars scored 0–100 from real filed financials.
How the 0–100 rating is calculatedOverall: not rated yet. This stock's fundamentals ratios aren't loaded, so only the pillars its filings support are scored.
Key Metrics
Market Cap
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P/E
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Forward P/E (est.)
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ROE
—
Revenue Growth
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EPS Growth
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Profit Margin
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FCF Yield
—
Debt / Equity
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ROIC
-2.0%
Interest Coverage
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Current Ratio
0.37x
Dividend Yield
—
Implied Growth (rev. DCF)
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Rating Score
Not rated
Business Overview
NextDecade Corp (NEXT) is a NASDAQ-listed company in the Energy industry, within the Energy sector.
Our model hasn't rated NEXT yet because its fundamentals ratios (P/E, margins, returns on capital, leverage) aren't loaded. Any financial history below comes straight from its SEC filings and refreshes automatically.
Economic Moat
Evidence of durable competitive advantage in the filed financials (10 years of history).
Profit margins and economic moats, explainedThe numbers don't show a durable competitive advantage — margins, growth, or returns on capital have been unstable or thin. Great returns are still possible; they just aren't protected.
grew in 0 of the last 9 year-over-year periods
positive in 0 of 10 years
-2.0% latest fiscal year
A moat can't be proven by numbers alone — this scores the evidence a durable advantage leaves behind (pricing power, consistency, returns on capital), computed the same way for every stock. Pair it with the business overview before concluding anything.
Revenue Growth
Profitability
Gross Margin
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Operating Margin
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Net Margin
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ROE
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Debt Analysis
Total Debt
$8.83B
Net Debt
$8.74B
Net Debt / EBITDA
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Debt / Equity
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Leverage: debt-to-equity is n/a, with a current ratio of 0.4x. Detailed balance-sheet leverage is limited for this name. It carries roughly $8.83B of total debt against $83.68M of cash.
Cash Flow Analysis
Operating CF
-$169.40M
Free Cash Flow
-$5.02B
FCF Margin
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In the latest year NextDecade Corp produced about -$169.40M of operating cash flow but negative free cash flow as it invested heavily. Cash flow is what ultimately pays shareholders, so it is worth tracking over time.
Valuation Analysis
P/E
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P/S
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P/B
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EV / EBITDA
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NEXT trades at n/a trailing earnings. Its valuation ratios aren't loaded yet, so there is no P/E to judge here.
Metrics vs. Sector Range
Where NEXT sits versus the Energy companies we cover.
Bands show the middle half (25th–75th percentile) of the 47 Energy companies in our coverage that have fundamentals data — the peer-relative anchor professional comps analysis uses. Context only — not investment advice.
Sector Peer Comparison
How NEXT stacks up against its Energy peers — valuation, profitability, and growth versus the sector median.
NEXT doesn't have a model rating yet (its fundamentals ratios aren't loaded), so it isn't ranked against the 47 rated Energy companies we cover.
P/E vs sector
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median 21.4x
ROE vs sector
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median 13.3%
Growth vs sector
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median 0.7%
Sector rank
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not rated yet
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Energy companies by sub-industry and size, preferring ones with full data. Sector medians and rank use the 47 rated companies among the 57 Energy stocks we cover. Educational, not a recommendation.
Key Risks
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
Analyst Ratings
What 12 Wall Street analysts covering NEXT recommend (September 2026). Consensus is a useful sanity check — not a substitute for your own homework.
Analysts have turned more cautious over the last three months (-6 pts of buy ratings).
Latest SEC Filings
NEXT's most recent filings, straight from SEC EDGAR. Annual and quarterly reports are the deep dives; 8-Ks flag material events the moment they happen. How to read a 10-K
NEXT — frequently asked questions
Is NEXT a good stock to buy?
We don't give buy or sell advice. Review NextDecade Corp's fundamentals, valuation, and 5-year financials on this page, then make your own decision — and consider a licensed professional.
Where does NEXT's data come from?
Live price data plus the annual financials in NextDecade Corp's SEC filings, refreshed automatically. Its fundamentals ratios aren't loaded yet, which is why it has no model rating.
How is the 5-year projection for NEXT calculated?
It's a scenario model. It starts from the latest annual revenue and net margin in SEC filings, grows revenue at an assumed rate (trailing revenue growth by default), and applies a P/E range built around today's multiple to show the resulting share-price range. When a stock has no growth or P/E data, the starting values are placeholders. It's a tool for thinking, not a prediction.
Is this NEXT analysis financial advice?
No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell NEXT. Always do your own research and consider a licensed professional.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.