profit from every $100 of sales.
$0$100
NextDecade
$6.54+2.99% today
+7.9% in 1 year
1-year low $4.801-year high $9.12
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
It holds more cash than debt.
No debt5 years
Money in, money out
What NextDecade sold, what it kept, and what it did with the cash.
Sales went from $0 in 2022 to $0 in 2025, with -$306 million of profit last year.
SalesProfit
NextDecade vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| NextDecade | No profit yet | ||
 EQT | 16.2× · Fair price | ||
 Coterra Energy | 14.4× · Cheap | ||
 Expand Energy | 11.3× · Cheap | ||
 Permian Resources | 20.0× · Fair price |
AI analysis
An AI analyst reads NextDecade's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 0 | 0 | 0 | 0 | |
| -0 | -6 | -13 | -12 | |
| -54 | -123 | -171 | -226 | |
| -59 | -210 | 306 | -328 | |
| -60 | -162 | -62 | -306 | |
| -0.65 | -0.94 | -0.24 | -1.17 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 312 | 3,324 | 6,404 | 12,426 |
| Cash | 63 | 38 | 148 | 144 |
| Total debt | 2 | 1,965 | 4,067 | 8,657 |
| Total liabilities | 258 | 2,583 | 4,660 | 10,125 |
| 54 | 288 | 378 | 95 | |
| 130 | 195 | 259 | 262 | |
| -84.9% | -7.5% | 5.3% | -3.1% | |
| -110.5% | -56.4% | -16.4% | -321.4% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -40 | -74 | -96 | -169 | |
| 34 | 1,738 | 2,568 | 4,847 | |
| -74 | -1,811 | -2,663 | -5,016 | |
| Dividends paid | 0 | 0 | 0 | 0 |
| – | – | – | – | |
| 7 | 27 | 20 | 39 |
Valuation
- –
- –
- –
- -78.7×
- –
- –
- –
- -285.3%
- -17.4%
- 0.0%
Profitability
- 0.0%
- 0.0%
- 0.0%
- 0.0%
- -1.9%
- -9.4%
- -295.3%
- -2.7%
- -1.9%
- –
Growth
- –
- –
- −88.3%
- –
- +21.8%
Financial health
- -33.2×
- -308.52
- 71.6%
- -1.0×
- 0.40
- 0.40
- 0.00
How it ranks in Energy
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 7%of 467
Bottom 8%of 466
What analysts expect
- Average price target
- $7.00
- Range
- $7.00 – $7.00
- 2 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 1, 2026 | -0.66 | -0.66 | +0.2% |
| Mar 2, 2026 | -0.18 | -0.68 | +73.5% |
| Oct 30, 2025 | -0.42 | -0.32 | −31.2% |
| Jul 31, 2025 | -0.23 | -0.23 | +0.0% |
| May 6, 2025 | -0.34 | -0.44 | +22.7% |
| Feb 27, 2025 | -1.86 | -0.19 | −878.9% |
| Nov 7, 2024 | 0.80 | -0.22 | +463.6% |
| Aug 14, 2024 | -0.39 | -0.11 | −254.5% |
News
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Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/6Passes 0 of 6. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
3No pass
Benjamin Graham
0No pass
Philip Fisher
23No pass
Peter Lynch
–Not enough data
Joel Greenblatt
0No pass
Charlie Munger
5No pass
Terry Smith
13No pass
Questions about NextDecade
Is NextDecade a good stock to buy?
A business with weak numbers that is not profitable yet. 0 of the 6 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the NextDecade AI analysis
What does NextDecade do?
NextDecade Corporation engages in the development activities related to the liquefaction and sale of liquefied natural gas (LNG); and capture and storage of CO2 emissions. It is in Oil & Gas Exploration & Production.
Does NextDecade pay a dividend?
No. NextDecade does not pay a dividend at the moment.
Is NextDecade stock halal?
No. NextDecade does not pass our halal screen: its debt is 492% of its market value, at or above the 33% limit. How we check
How has NextDecade stock done over the past year?
Up 7.9% over the past twelve months, to $6.54. It traded between $4.80 and $9.12 and is 28.3% below its high.
Who are NextDecade's competitors?
The largest listed companies in the same industry are EQT, Coterra Energy, Expand Energy and Permian Resources. The peers table on this page compares their profit, growth and price with NextDecade's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.