What is Nextdecade Corp (NEXT) stock price today?

Nextdecade Corp (NEXT) is currently trading at $6.71, down 4.21% today.

What is NEXT P/E ratio?

Nextdecade Corp's P/E ratio is -5.23. This is below the market average, suggesting the stock may be undervalued relative to earnings.

What is NEXT return on equity (ROE)?

Nextdecade Corp's return on equity (ROE) is -295.28%, indicating how efficiently the company generates profit from shareholders' equity. This is below the typical market average of 12-15%.

What is Nextdecade Corp's market cap?

Nextdecade Corp has a market capitalization of $1.78B.

NASDAQ · Oil & Gas Exploration & Production

Nextdecade Corp (NEXT) Stock

$6.71 -4.21% NASDAQ: NEXT Energy

NextDecade Corporation, an energy company, engages in the construction and development activities related to the liquefaction of natural gas in the United States. The company constructs and develops natural gas liquefaction and export facilities located in the Rio Grande Valley near Brownsville, Texas; and a carbon capture and storage project at the Rio Grande LNG Facility.

Valuation

Metric	Value
Price	$6.71
Market Cap	$1.78B
P/E Ratio	-5.23
P/B Ratio	-60.43
P/S Ratio	0.00
EPS (TTM)	$-1.17
52-Week High	$11.85
52-Week Low	$4.75
Dividend Yield	0.00%

Financials & Margins

Metric	Value
ROE	-295.28%
ROA	-2.68%
ROCE	-1.91%
Gross Margin	0.00%
Operating Margin	0.00%
Net Margin	0.00%
Debt/Equity	-308.52
Current Ratio	0.54

Annual Financials (USD)

Metric	2021	2022	2023	2024	2025
Revenue	$0	$0	$0	$0	$0
Operating Profit	$-20.0M	$-54.0M	$-123.0M	$-171.0M	$-226.0M
Net Profit	$-22.0M	$-60.0M	$-162.0M	$-62.0M	$-306.0M
EPS	$-0.34	$-0.65	$-0.94	$-0.24	$-1.17
Op Margin	—	—	—	—	—

Balance Sheet (USD)

Metric	2021	2022	2023	2024	2025
Total Assets	$222.0M	$312.0M	$3.3B	$6.4B	$12.4B
Total Liabilities	$34.0M	$56.0M	$2.6B	$4.7B	$10.1B
Cash	$26.0M	$63.0M	$38.0M	$148.0M	$144.0M
Borrowings	$1.0M	$2.0M	$2.0B	$4.1B	$8.7B

Latest News

The Peer-Group Mispricing Sitting On VG Stock Trefis · Jul 21, 2026 Goldman Sachs Initiates NextDecade at Neutral With $8.50 Price Target MT Newswires · Jul 16, 2026 Forget the Tanker Trade, The Hormuz Crisis Points to One Overlooked LNG Stock BeInCrypto · Jul 13, 2026 NextDecade Announces Timing of Second Quarter 2026 Investor Call Business Wire · Jul 10, 2026 NextDecade Unit Closes Offering of Senior Secured Notes MT Newswires · Jun 25, 2026

Cash Flow (USD)

Metric	2021	2022	2023	2024	2025
Operating Cash Flow	$-18.0M	$-40.0M	$-74.0M	$-96.0M	$-169.0M
Investing Cash Flow	$-31.0M	$-75.0M	$-3.5B	$-5.1B	$-9.7B
Financing Cash Flow	$-1.0M	$-7.0M	$-46.0M	$583.0M	$651.0M
Net Cash Flow	$3.0M	$37.0M	$232.0M	$98.0M	$314.0M
Free Cash Flow	$-30.0M	$-74.0M	$-1.8B	$-2.7B	$-5.0B

Valuation & Return Ratios

Metric	Value
PEG Ratio	0.07
EV / EBITDA	-41.93
FCF Yield	-282.10%
Quick Ratio	0.54
Interest Coverage	-1.33
Return 1Y	-31.11%
Return 3Y	22.24%
Return 5Y	126.71%

Ownership

Insiders Held45.56%

Institutions Held44.40%

Institutions Float Held81.55%

Institutional Holder	Shares	Report Date
Blackrock Inc.	22,963,355	2026-03-31
Mubadala Investment Co PJSC	14,206,376	2026-03-31
Man Investment Partners (us) LP	9,274,894	2026-03-31
Vanguard Capital Management LLC	5,906,171	2026-03-31
Catalyst Capital Advisors LLC	5,216,592	2026-03-31

Peer Comparison

Ticker	Price	Change	P/E	Market Cap	Div Yield
AESI	$10.18	-7.29%	-46.83	$1.27B	1.30%
BTE	$4.15	+3.49%	-6.60	$3.00B	1.27%
CLMTCalumet Inc.	$40.45	-2.97%	-19.30	$3.53B	0.00%
DNOW	$13.92	-1.94%	-17.52	$1.64B	0.00%
EFXT	$20.68	-5.96%	53.13	$2.52B	0.42%

About Nextdecade Corp

Nextdecade Corp (NEXT) stock trades at $6.71 with a market capitalization of $1.78B. The stock is valued at a price-to-earnings (P/E) ratio of -5.23, price-to-book of -60.43, price-to-sales of 0.00. Over the past 52 weeks the stock has ranged between $4.75 and $11.85, and currently trades 43.4% below its 52-week high.

On profitability, Nextdecade Corp generates a return on equity (ROE) of -295.28%, return on capital employed of -1.91%, an operating margin of 0.00%, a net profit margin of 0.00%.

Official website: www.next-decade.com