NextDecade Corporation (NEXT)

NextDecade Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr 23, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Market Cap	1,968	1,370	2,006	1,224	702	343
Market Cap Growth	26.39%	-31.73%	63.97%	74.22%	104.50%	39.74%
Enterprise Value	10,568	11,522	7,045	3,344	842.38	486.25
Last Close Price	7.43	5.27	7.71	4.77	4.94	2.85
PE Ratio	-	-4.50	-32.12	-5.07	-7.60	-8.38
PB Ratio	20.64	14.37	5.31	4.25	12.92	17.26
P/TBV Ratio	20.43	14.49	5.28	3.22	11.82	17.08
P/FCF Ratio	-	-0.27	-0.75	-0.68	-9.51	-11.42
P/OCF Ratio	-	-8.09	-20.99	-16.62	-17.52	-19.12
EV/EBITDA Ratio	-	-86.41	-71.11	-42.80	-15.83	-28.02
EV/EBIT Ratio	-	-51.00	-41.18	-27.26	-15.46	-24.93
EV/FCF Ratio	-	-2.30	-2.65	-1.85	-11.41	-16.17
Debt / Equity Ratio	3.76	3.76	2.33	2.65	0.00	0
Debt / EBITDA Ratio	-64.92	-64.92	-41.06	-25.16	-0.03	-0.03
Debt / FCF Ratio	-1.73	-1.73	-1.53	-1.08	-0.02	-0.02
Net Debt / Equity Ratio	83.39	83.39	9.73	5.80	-1.13	-1.25
Net Debt / EBITDA Ratio	-59.62	-59.62	-37.09	-21.39	1.15	1.44
Net Debt / FCF Ratio	-1.58	-1.58	-1.38	-0.92	0.83	0.83
Quick Ratio	0.53	0.53	0.66	0.53	2.48	3.11
Current Ratio	0.54	0.54	0.69	0.57	2.52	3.21
Return on Equity (ROE)	-21.24%	-21.24%	22.33%	-44.45%	-26.99%	-12.21%
Return on Assets (ROA)	-2.40%	-2.40%	-3.52%	-6.75%	-20.38%	-9.21%
Return on Invested Capital (ROIC)	-2.86%	-2.86%	-4.33%	-9.07%	-26.21%	-10.60%
Return on Capital Employed (ROCE)	-2.67%	-2.67%	-3.99%	-8.02%	-21.75%	-9.51%
Earnings Yield	-15.57%	-22.20%	-3.11%	-19.71%	-13.16%	-11.93%
FCF Yield	-254.83%	-366.23%	-132.76%	-148.04%	-10.51%	-8.76%
Buyback Yield / Dilution	-1.40%	-1.40%	-32.86%	-49.53%	-9.17%	-1.43%
Total Shareholder Return	-1.40%	-1.40%	-32.86%	-49.53%	-9.17%	-1.43%

Updated Mar 2, 2026. Data Source: Fiscal.ai. Utilities template. Financial Sources.

SEC Filings: 10-K · 10-Q