NEXTDECADE CORP (NEXT) Stock Fundamental Analysis

NASDAQ:NEXT • US65342K1051

5.2 USD
+0.1 (+1.96%)
At close: Feb 13, 2026
5.1666 USD
-0.03 (-0.64%)
After Hours: 2/13/2026, 8:00:01 PM
Fundamental Rating

0

Taking everything into account, NEXT scores 0 out of 10 in our fundamental rating. NEXT was compared to 206 industry peers in the Oil, Gas & Consumable Fuels industry. Both the profitability and financial health of NEXT have multiple concerns. NEXT does not seem to be growing, but still is valued expensively.


Dividend Valuation Growth Profitability Health

0

1. Profitability

1.1 Basic Checks

  • NEXT had negative earnings in the past year.
  • In the past year NEXT has reported a negative cash flow from operations.
  • NEXT had negative earnings in each of the past 5 years.
  • In the past 5 years NEXT always reported negative operating cash flow.
NEXT Yearly Net Income VS EBIT VS OCF VS FCFNEXT Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 -500M -1B -1.5B -2B -2.5B

1.2 Ratios

  • NEXT has a worse Return On Assets (-1.93%) than 74.27% of its industry peers.
  • NEXT has a worse Return On Equity (-125.24%) than 89.81% of its industry peers.
Industry RankSector Rank
ROA -1.93%
ROE -125.24%
ROIC N/A
ROA(3y)-11.15%
ROA(5y)-13.18%
ROE(3y)-37.56%
ROE(5y)-30.16%
ROIC(3y)N/A
ROIC(5y)N/A
NEXT Yearly ROA, ROE, ROICNEXT Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 -20 -40 -60

1.3 Margins

  • The Profit Margin and Operating Margin and Gross Margin are not available for NEXT so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
NEXT Yearly Profit, Operating, Gross MarginsNEXT Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024

0

2. Health

2.1 Basic Checks

  • Compared to 1 year ago, NEXT has more shares outstanding
  • Compared to 5 years ago, NEXT has more shares outstanding
  • NEXT has a worse debt/assets ratio than last year.
NEXT Yearly Shares OutstandingNEXT Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M
NEXT Yearly Total Debt VS Total AssetsNEXT Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B

2.2 Solvency

  • Based on the Altman-Z score of -0.22, we must say that NEXT is in the distress zone and has some risk of bankruptcy.
  • The Altman-Z score of NEXT (-0.22) is worse than 66.50% of its industry peers.
  • NEXT has a Debt/Equity ratio of 42.78. This is a high value indicating a heavy dependency on external financing.
  • With a Debt to Equity ratio value of 42.78, NEXT is not doing good in the industry: 91.26% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 42.78
Debt/FCF N/A
Altman-Z -0.22
ROIC/WACCN/A
WACCN/A
NEXT Yearly LT Debt VS Equity VS FCFNEXT Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B -2B

2.3 Liquidity

  • A Current Ratio of 0.16 indicates that NEXT may have some problems paying its short term obligations.
  • The Current ratio of NEXT (0.16) is worse than 92.23% of its industry peers.
  • NEXT has a Quick Ratio of 0.16. This is a bad value and indicates that NEXT is not financially healthy enough and could expect problems in meeting its short term obligations.
  • Looking at the Quick ratio, with a value of 0.16, NEXT is doing worse than 91.26% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.16
Quick Ratio 0.16
NEXT Yearly Current Assets VS Current LiabilitesNEXT Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

1

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 22.92% over the past year.
EPS 1Y (TTM)22.92%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%10.64%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A

3.2 Future

  • Based on estimates for the next years, NEXT will show a very strong growth in Earnings Per Share. The EPS will grow by 48.87% on average per year.
  • No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y-502.08%
EPS Next 2Y-193%
EPS Next 3Y-107.59%
EPS Next 5Y48.87%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
NEXT Yearly Revenue VS EstimatesNEXT Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2027 2028 2029 2030 2031 2032 2033 2B 4B 6B 8B 10B
NEXT Yearly EPS VS EstimatesNEXT Yearly EPS VS EstimatesYearly EPS VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 0 1 -1 2 -2

0

4. Valuation

4.1 Price/Earnings Ratio

  • NEXT reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
  • Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for NEXT. No positive earnings are expected for the next year.
Industry RankSector Rank
PE N/A
Fwd PE N/A
NEXT Price Earnings VS Forward Price EarningsNEXT Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 20 30

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
NEXT Per share dataNEXT EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 -5 -10

4.3 Compensation for Growth

  • NEXT's earnings are expected to decrease with -107.59% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-193%
EPS Next 3Y-107.59%

0

5. Dividend

5.1 Amount

  • No dividends for NEXT!.
Industry RankSector Rank
Dividend Yield 0%

NEXTDECADE CORP

NASDAQ:NEXT (2/13/2026, 8:00:01 PM)

After market: 5.1666 -0.03 (-0.64%)

5.2

+0.1 (+1.96%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)10-30
Earnings (Next)02-26
Inst Owners44.83%
Inst Owner Change1.45%
Ins Owners3.22%
Ins Owner Change12.3%
Market Cap1.38B
Revenue(TTM)N/A
Net Income(TTM)-193.48M
Analysts77.78
Price Target9.86 (89.62%)
Short Float %13.32%
Short Ratio6.25
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)1.01%
Min EPS beat(2)0.23%
Max EPS beat(2)1.8%
EPS beat(4)3
Avg EPS beat(4)58.02%
Min EPS beat(4)-33.33%
Max EPS beat(4)263.4%
EPS beat(8)4
Avg EPS beat(8)17.58%
EPS beat(12)5
Avg EPS beat(12)14.58%
EPS beat(16)5
Avg EPS beat(16)-6.51%
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S N/A
P/FCF N/A
P/OCF N/A
P/B 8.91
P/tB 8.91
EV/EBITDA N/A
EPS(TTM)-0.74
EYN/A
EPS(NY)-2.06
Fwd EYN/A
FCF(TTM)-14.1
FCFYN/A
OCF(TTM)-0.6
OCFYN/A
SpS0
BVpS0.58
TBVpS0.58
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -1.93%
ROE -125.24%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM N/A
FCFM N/A
ROA(3y)-11.15%
ROA(5y)-13.18%
ROE(3y)-37.56%
ROE(5y)-30.16%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0
Health
Industry RankSector Rank
Debt/Equity 42.78
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr -217177%
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 0.16
Quick Ratio 0.16
Altman-Z -0.22
F-Score6
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)400733%
Cap/Depr(5y)246825%
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)22.92%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%10.64%
EPS Next Y-502.08%
EPS Next 2Y-193%
EPS Next 3Y-107.59%
EPS Next 5Y48.87%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-41.18%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year-15.28%
EBIT Next 3Y60.75%
EBIT Next 5Y64.73%
FCF growth 1Y-237.75%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-143.47%
OCF growth 3YN/A
OCF growth 5YN/A

NEXTDECADE CORP / NEXT FAQ

What is the ChartMill fundamental rating of NEXTDECADE CORP (NEXT) stock?

ChartMill assigns a fundamental rating of 0 / 10 to NEXT.


Can you provide the valuation status for NEXTDECADE CORP?

ChartMill assigns a valuation rating of 0 / 10 to NEXTDECADE CORP (NEXT). This can be considered as Overvalued.


How profitable is NEXTDECADE CORP (NEXT) stock?

NEXTDECADE CORP (NEXT) has a profitability rating of 0 / 10.


Can you provide the dividend sustainability for NEXT stock?

The dividend rating of NEXTDECADE CORP (NEXT) is 0 / 10 and the dividend payout ratio is 0%.