NextDecade Corporation (NEXT) 10-Year Financial Performance & Capital Metrics

NEXT • • Industrial / General

EnergyOil & Gas E&PSpecialized & Niche OperatorsEnhanced Recovery Specialists

AboutNextDecade Corporation engages in the development activities related to the liquefaction and sale of liquefied natural gas (LNG); and capture and storage of CO2 emissions. The company focuses on the development activities on the Rio Grande LNG terminal facility located in the Port of Brownsville in southern Texas. It also focuses on a carbon capture and storage project (CCS project) at the terminal, as well as on other CCS projects with third-party industrial source facilities. The company was founded in 2010 is based in Houston, Texas.Show more

Revenue $0
EBITDA -$164M -37.5%
Net Income -$62M +61.9%
EPS (Diluted) -0.24 +74.5%
Gross Margin -
EBITDA Margin -
Operating Margin -
Net Margin -
ROE -4.97% +84.7%
ROIC -3.08% +52.1%
Debt/Equity 2.33 -12.2%
Interest Coverage -1.95 -34.9%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓High quality earnings: Operating CF exceeds net income
✓Trading at only 0.7x book value

✗Weaknesses

✗High debt to equity ratio of 2.3x
✗Weak Piotroski F-Score: 2/9
✗Weak momentum: RS Rating 8 (bottom 8%)
✗Shares diluted 32.9% in last year
✗Trading more than 30% below 52-week high
✗Low asset turnover indicates capital-intensive operations

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-

5Y-

3Y-

TTM-

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM24.63%

EPS CAGR

10Y-

5Y-

3Y-

TTM26%

ROCE

10Y Avg-13.93%

5Y Avg-10.88%

3Y Avg-11.25%

Latest-3.99%

Peer Comparison

Enhanced Recovery Specialists

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
EPMEvolution Petroleum Corporation	117.6M	3.39	102.11	-0.04%	0.27%	0.34%	9.7%	0.52
GFRGreenfire Resources Ltd.	611.97M	4.88	2.87	17.01%	27.69%	22.82%	9.34%	0.41
IMPPImperial Petroleum Inc.	138.38M	3.82	2.73	-19.73%	29.79%	8.54%	2.18%	0.00
VIVKVivakor, Inc.	1.39M	0.01	-0.01	51.4%	-55.68%	-108.78%		0.70
SAFXXCF Global, Inc. Class A Common Stock	30.62M	0.15	-0.21		6.04%	18.68%		0.17
CLMTCalumet, Inc.	1.73B	19.98	-7.48	0.2%	-0.92%
NEXTNextDecade Corporation	1.27B	4.80	-20			-9.79%		2.33

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	0	0	0	0	0	0	0	0	0	0
Revenue Growth %	-	-	-	-	-	-	-	-	-	-
Cost of Goods Sold+	0	100K	1.09M	1.27M	1.33M	2.79M	2.15M	1.27M	3.15M	6.68M
COGS % of Revenue	-	-	-	-	-	-	-	-	-	-
Gross Profit+	0	-100K	-1.09M	-1.27M	-1.33M	-2.79M	-2.15M	-1.27M	-3.15M	-6.68M
Gross Margin %	-	-	-	-	-	-	-	-	-	-
Gross Profit Growth %	-	-	-9.87%	-0.17%	-0.05%	-1.09%	0.23%	0.41%	-1.47%	-1.12%
Operating Expenses+	338.53K	539.57K	34.55M	43.02M	33.67M	19.23M	17.36M	53.2M	119.52M	164.4M
OpEx % of Revenue	-	-	-	-	-	-	-	-	-	-
Selling, General & Admin	222.4K	539.57K	34.55M	35.18M	33.67M	19.23M	17.36M	49.1M	114.63M	150.11M
SG&A % of Revenue	-	-	-	-	-	-	-	-	-	-
Research & Development	0	0	0	0	0	0	0	4.1M	4.89M	8.26M
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	1.27M	0	0	0	0	0	6.03M
Operating Income+	-339K	-690K	-35.64M	-43.02M	-35M	-22.01M	-19.51M	-54.48M	-122.67M	-171.07M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	0.88%	-1.04%	-50.65%	-0.21%	0.19%	0.37%	0.11%	-1.79%	-1.25%	-0.39%
EBITDA+	-259K	-590K	-35.53M	-42.84M	-33.67M	-19.23M	-17.36M	-53.2M	-119.52M	-164.4M
EBITDA Margin %	-	-	-	-	-	-	-	-	-	-
EBITDA Growth %	0.91%	-1.28%	-59.22%	-0.21%	0.21%	0.43%	0.1%	-2.07%	-1.25%	-0.38%
D&A (Non-Cash Add-back)	80K	100K	106K	171K	1.33M	2.79M	2.15M	1.27M	3.15M	6.68M
EBIT	-263K	-7.64M	-35.36M	-41.96M	-35.87M	-14.33M	-22.04M	-60.07M	-171.35M	364.99M
Net Interest Income+	0	0	0	0	1.72M	243K	2K	-5.75M	-84.66M	-87.54M
Interest Income	75.34K	254.87K	343K	1.02M	1.72M	243K	2K	0	0	0
Interest Expense	0	0	0	0	0	0	0	5.75M	84.66M	87.54M
Other Income/Expense	9K	63K	312K	1.05M	-870K	7.68M	-2.53M	-5.6M	-98.97M	448.52M
Pretax Income+	-263K	-8.44M	-35.33M	-41.96M	-35.87M	-14.33M	-22.04M	-60.07M	-221.64M	277.45M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	-80K	-100K	-343K	36K	0	0	0	0	0	0
Effective Tax Rate %	1%	0.05%	1%	1%	1%	1%	1%	1%	0.73%	-0.22%
Net Income+	-263K	-435K	-35.33M	-41.96M	-35.87M	-14.33M	-22.04M	-60.07M	-162.26M	-61.75M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	0.91%	-0.65%	-80.21%	-0.19%	0.15%	0.6%	-0.54%	-1.73%	-1.7%	0.62%
Net Income (Continuing)	-263K	-8.44M	-35.33M	-41.96M	-35.87M	-14.33M	-22.04M	-60.07M	-221.64M	277.45M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	452.51M	1.37B
EPS (Diluted)+	-0.06	-0.10	-0.35	-0.39	-0.45	-0.24	-0.34	-0.65	-0.94	-0.24
EPS Growth %	0.94%	-0.49%	-2.62%	-0.11%	-0.15%	0.47%	-0.42%	-0.91%	-0.45%	0.74%
EPS (Basic)	-0.06	-0.10	-0.35	-0.39	-0.45	-0.24	-0.34	-0.65	-0.94	-0.24
Diluted Shares Outstanding	4.06M	4.5M	100.93M	106.56M	109.06M	117.52M	119.2M	130.14M	194.59M	258.54M
Basic Shares Outstanding	4.06M	4.5M	100.93M	106.56M	109.06M	117.52M	119.2M	130.14M	194.59M	258.54M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	371.68K	44.28K	42.87M	76.93M	78.8M	23.28M	26.39M	63.94M	314.52M	412.57M
Cash & Short-Term Investments	324.99K	23.86K	40.77M	75.62M	77.94M	22.61M	25.55M	62.79M	38.24M	148.14M
Cash Only	324.99K	23.86K	35.7M	3.17M	15.74M	22.61M	25.55M	62.79M	38.24M	148.14M
Short-Term Investments	0	0	5.06M	72.45M	62.21M	0	0	0	0	0
Accounts Receivable	0	0	0	0	0	0	0	0	0	0
Days Sales Outstanding	-	-	-	-	-	-	-	-	-	-
Inventory	0	0	0	0	0	0	0	0	0	0
Days Inventory Outstanding	-	-	-	-	-	-	-	-	-	-
Other Current Assets	0	0	1.84M	835K	381K	267K	314K	107K	274.19M	264.44M
Total Non-Current Assets+	117.44M	117.51M	73.23M	92.07M	142.39M	178.39M	195.72M	248.49M	3.01B	5.99B
Property, Plant & Equipment	0	56.23M	73.23M	92.07M	135.65M	162.09M	174.41M	220.12M	2.62B	5.19B
Fixed Asset Turnover	-	-	-	-	-	-	-	-	-	-
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	3.17M	1.8M	354K	0	0	0
Long-Term Investments	0	0	0	0	0	0	0	0	0	472.06M
Other Non-Current Assets	117.44M	61.27M	0	0	3.58M	14.49M	20.96M	28.37M	393.18M	333.35M
Total Assets+	117.81M	117.55M	116.09M	169M	221.19M	201.67M	222.1M	312.43M	3.32B	6.4B
Asset Turnover	-	-	-	-	-	-	-	-	-	-
Asset Growth %	1006.94%	-0%	-0.01%	0.46%	0.31%	-0.09%	0.1%	0.41%	9.64%	0.93%
Total Current Liabilities+	17.26K	130.9K	8.4M	12.09M	21.54M	5.14M	8.23M	25.36M	552.39M	595.08M
Accounts Payable	17.26K	130.9K	726K	719K	11.91M	207K	281K	1.08M	243.13M	244.64M
Days Payables Outstanding	-	477.79	243.78	206.64	3.26K	27.12	47.68	311.05	28.19K	13.38K
Short-Term Debt	0	0	0	0	0	0	0	0	0	0
Deferred Revenue (Current)	0	0	0	0	0	0	0	0	0	0
Other Current Liabilities	0	-1.96M	3.32M	2.01M	2.5M	3.94M	2.3M	12.05M	275.67M	13.43M
Current Ratio	21.54x	0.34x	5.10x	6.36x	3.66x	4.53x	3.21x	2.52x	0.57x	0.69x
Quick Ratio	21.54x	0.34x	5.10x	6.36x	3.66x	4.53x	3.21x	2.52x	0.57x	0.69x
Cash Conversion Cycle	-	-	-	-	-	-	-	-	-	-
Total Non-Current Liabilities+	4.33M	4.38M	4.6M	7.44M	12.04M	23.79M	25.59M	30.25M	2.03B	4.06B
Long-Term Debt	0	60K	0	0	0	0	0	0	1.82B	3.92B
Capital Lease Obligations	0	0	0	0	3K	0	0	465K	145.96M	144.16M
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	4.33M	4.33M	4.6M	7.44M	12.03M	23.79M	25.59M	29.79M	68.72M	0
Total Liabilities	4.34M	4.52M	13M	19.53M	33.58M	28.93M	33.81M	55.62M	2.58B	4.66B
Total Debt+	0	60K	0	0	701K	432K	596K	1.56M	1.97B	4.07B
Net Debt	-324.99K	36.13K	-35.7M	-3.17M	-15.04M	-22.18M	-24.96M	-61.23M	1.93B	3.92B
Debt / Equity	-	0.00x	-	-	0.00x	0.00x	0.00x	0.01x	2.65x	2.33x
Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Net Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Interest Coverage	-	-	-	-	-	-	-	-9.48x	-1.45x	-1.95x
Total Equity+	113.47M	113.04M	103.09M	149.47M	187.62M	172.74M	188.29M	256.81M	740.43M	1.74B
Equity Growth %	4791.44%	-0%	-0.09%	0.45%	0.26%	-0.08%	0.09%	0.36%	1.88%	1.36%
Book Value per Share	27.93	25.12	1.02	1.40	1.72	1.47	1.58	1.97	3.81	6.75
Total Shareholders' Equity	113.47M	113.04M	103.09M	149.47M	187.62M	172.74M	188.29M	256.81M	287.92M	377.64M
Common Stock	108.04M	108.04M	11K	11K	12K	12K	12K	14K	26K	26K
Retained Earnings	-264.51K	-699.21K	-55.62M	-97.62M	-133.7M	-148.03M	-170.07M	-230.14M	-391.77M	-453.52M
Treasury Stock	0	0	0	-35K	-685K	-1.03M	-1.31M	-4.59M	-14.21M	-20.92M
Accumulated OCI	0	-27K	-40K	-66.25M	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	452.51M	1.37B

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-433.88K	-483.14K	-12.83M	-23.29M	-40.7M	-26.25M	-17.96M	-40.08M	-73.62M	-95.58M
Operating CF Margin %	-	-	-	-	-	-	-	-	-	-
Operating CF Growth %	-196.13%	-0.11%	-25.56%	-0.81%	-0.75%	0.35%	0.32%	-1.23%	-0.84%	-0.3%
Net Income	-263.19K	-434.7K	-35.33M	-41.96M	-35.87M	-14.33M	-22.04M	-60.07M	-221.64M	277.45M
Depreciation & Amortization	80	100K	106K	171K	1.21M	1.43M	735K	918K	3.15M	6.68M
Stock-Based Compensation	0	0	22.69M	16.84M	-9.65M	-341K	-4.31M	7.47M	26.55M	19.91M
Deferred Taxes	0	0	0	0	0	0	0	0	0	0
Other Non-Cash Items	-74.89K	-254.73K	22.91M	-50K	2.55M	-6.09M	3.95M	6.1M	122.46M	-419.73M
Working Capital Changes	-95.8K	206.29K	-303K	1.71M	1.06M	-6.92M	3.71M	5.5M	-4.14M	20.12M
Change in Receivables	0	0	0	0	0	0	0	0	0	0
Change in Inventory	0	0	0	0	0	0	0	0	0	0
Change in Payables	17.26K	113.64K	-137K	124K	207K	-370K	-26K	684K	4.06M	-2.22M
Cash from Investing+	-117.3M	122.02K	11.86M	-86.16M	-16.69M	18.52M	-18.53M	-40.89M	-1.75B	-2.57B
Capital Expenditures	-33.21K	-19.39M	-14.83M	-18.66M	-20.3M	-32.35M	-12.11M	-33.75M	-1.74B	-2.57B
CapEx % of Revenue	-	-	-	-	-	-	-	-	-	-
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-117.3M	122.02K	26.77M	-18.66M	-6.88M	-10.91M	-6.43M	-7.13M	-15.16M	-6.4M
Cash from Financing+	118.06M	60K	50.92K	76.91K	69.96M	14.6M	39.44M	118.2M	2.06B	2.77B
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-1.04K	0	0	-4	-42K	-50K	-67K	-75K	-53K	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	119.1M	0	0	0	-943K	14.65M	-552K	-7.22M	-46.24M	589.78M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-467.1K	-19.88M	-27.66M	-41.94M	-61M	-58.6M	-30.07M	-73.83M	-1.81B	-2.66B
FCF Margin %	-	-	-	-	-	-	-	-	-	-
FCF Growth %	-179.14%	-41.55%	-0.39%	-0.52%	-0.45%	0.04%	0.49%	-1.46%	-23.53%	-0.47%
FCF per Share	-0.11	-4.42	-0.27	-0.39	-0.56	-0.50	-0.25	-0.57	-9.31	-10.30
FCF Conversion (FCF/Net Income)	1.65x	1.11x	0.36x	0.55x	1.13x	1.83x	0.81x	0.67x	0.45x	1.55x
Interest Paid	0	0	0	0	0	0	0	0	23.36M	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-0.46%	-0.38%	-32.69%	-33.23%	-21.28%	-7.95%	-12.21%	-26.99%	-32.54%	-4.97%
Return on Invested Capital (ROIC)	-0.45%	-0.46%	-29.62%	-30.19%	-16.46%	-10.22%	-9.32%	-22.77%	-6.43%	-3.08%
Debt / Equity	-	0.00x	-	-	0.00x	0.00x	0.00x	0.01x	2.65x	2.33x
Interest Coverage	-	-	-	-	-	-	-	-9.48x	-1.45x	-1.95x
FCF Conversion	1.65x	1.11x	0.36x	0.55x	1.13x	1.83x	0.81x	0.67x	0.45x	1.55x

Frequently Asked Questions

Growth & Financials

NextDecade Corporation (NEXT) grew revenue by 0.0% over the past year. Growth has been modest.

NextDecade Corporation (NEXT) reported a net loss of $193.5M for fiscal year 2024.

Dividend & Returns

NextDecade Corporation (NEXT) has a return on equity (ROE) of -5.0%. Negative ROE indicates the company is unprofitable.

NextDecade Corporation (NEXT) had negative free cash flow of $3.71B in fiscal year 2024, likely due to heavy capital investments.

US Stock Screener

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NextDecade Corporation (NEXT) 10-Year Financial Performance & Capital Metrics

NEXT • • Industrial / General

EnergyOil & Gas E&PSpecialized & Niche OperatorsEnhanced Recovery Specialists

Revenue $0
EBITDA -$164M -37.5%
Net Income -$62M +61.9%
EPS (Diluted) -0.24 +74.5%
Gross Margin -
EBITDA Margin -
Operating Margin -
Net Margin -
ROE -4.97% +84.7%
ROIC -3.08% +52.1%
Debt/Equity 2.33 -12.2%
Interest Coverage -1.95 -34.9%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓High quality earnings: Operating CF exceeds net income
✓Trading at only 0.7x book value

✗Weaknesses

✗High debt to equity ratio of 2.3x
✗Weak Piotroski F-Score: 2/9
✗Weak momentum: RS Rating 8 (bottom 8%)
✗Shares diluted 32.9% in last year
✗Trading more than 30% below 52-week high
✗Low asset turnover indicates capital-intensive operations

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y-

3Y-

TTM-

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM24.63%

EPS CAGR

10Y-

5Y-

3Y-

TTM26%

ROCE

10Y Avg-13.93%

5Y Avg-10.88%

3Y Avg-11.25%

Latest-3.99%

Peer Comparison

Enhanced Recovery Specialists

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
EPMEvolution Petroleum Corporation	117.6M	3.39	102.11	-0.04%	0.27%	0.34%	9.7%	0.52
GFRGreenfire Resources Ltd.	611.97M	4.88	2.87	17.01%	27.69%	22.82%	9.34%	0.41
IMPPImperial Petroleum Inc.	138.38M	3.82	2.73	-19.73%	29.79%	8.54%	2.18%	0.00
VIVKVivakor, Inc.	1.39M	0.01	-0.01	51.4%	-55.68%	-108.78%		0.70
SAFXXCF Global, Inc. Class A Common Stock	30.62M	0.15	-0.21		6.04%	18.68%		0.17
CLMTCalumet, Inc.	1.73B	19.98	-7.48	0.2%	-0.92%
NEXTNextDecade Corporation	1.27B	4.80	-20			-9.79%		2.33

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	0	0	0	0	0	0	0	0	0	0
Revenue Growth %	-	-	-	-	-	-	-	-	-	-
Cost of Goods Sold+	0	100K	1.09M	1.27M	1.33M	2.79M	2.15M	1.27M	3.15M	6.68M
COGS % of Revenue	-	-	-	-	-	-	-	-	-	-
Gross Profit+	0	-100K	-1.09M	-1.27M	-1.33M	-2.79M	-2.15M	-1.27M	-3.15M	-6.68M
Gross Margin %	-	-	-	-	-	-	-	-	-	-
Gross Profit Growth %	-	-	-9.87%	-0.17%	-0.05%	-1.09%	0.23%	0.41%	-1.47%	-1.12%
Operating Expenses+	338.53K	539.57K	34.55M	43.02M	33.67M	19.23M	17.36M	53.2M	119.52M	164.4M
OpEx % of Revenue	-	-	-	-	-	-	-	-	-	-
Selling, General & Admin	222.4K	539.57K	34.55M	35.18M	33.67M	19.23M	17.36M	49.1M	114.63M	150.11M
SG&A % of Revenue	-	-	-	-	-	-	-	-	-	-
Research & Development	0	0	0	0	0	0	0	4.1M	4.89M	8.26M
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	1.27M	0	0	0	0	0	6.03M
Operating Income+	-339K	-690K	-35.64M	-43.02M	-35M	-22.01M	-19.51M	-54.48M	-122.67M	-171.07M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	0.88%	-1.04%	-50.65%	-0.21%	0.19%	0.37%	0.11%	-1.79%	-1.25%	-0.39%
EBITDA+	-259K	-590K	-35.53M	-42.84M	-33.67M	-19.23M	-17.36M	-53.2M	-119.52M	-164.4M
EBITDA Margin %	-	-	-	-	-	-	-	-	-	-
EBITDA Growth %	0.91%	-1.28%	-59.22%	-0.21%	0.21%	0.43%	0.1%	-2.07%	-1.25%	-0.38%
D&A (Non-Cash Add-back)	80K	100K	106K	171K	1.33M	2.79M	2.15M	1.27M	3.15M	6.68M
EBIT	-263K	-7.64M	-35.36M	-41.96M	-35.87M	-14.33M	-22.04M	-60.07M	-171.35M	364.99M
Net Interest Income+	0	0	0	0	1.72M	243K	2K	-5.75M	-84.66M	-87.54M
Interest Income	75.34K	254.87K	343K	1.02M	1.72M	243K	2K	0	0	0
Interest Expense	0	0	0	0	0	0	0	5.75M	84.66M	87.54M
Other Income/Expense	9K	63K	312K	1.05M	-870K	7.68M	-2.53M	-5.6M	-98.97M	448.52M
Pretax Income+	-263K	-8.44M	-35.33M	-41.96M	-35.87M	-14.33M	-22.04M	-60.07M	-221.64M	277.45M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	-80K	-100K	-343K	36K	0	0	0	0	0	0
Effective Tax Rate %	1%	0.05%	1%	1%	1%	1%	1%	1%	0.73%	-0.22%
Net Income+	-263K	-435K	-35.33M	-41.96M	-35.87M	-14.33M	-22.04M	-60.07M	-162.26M	-61.75M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	0.91%	-0.65%	-80.21%	-0.19%	0.15%	0.6%	-0.54%	-1.73%	-1.7%	0.62%
Net Income (Continuing)	-263K	-8.44M	-35.33M	-41.96M	-35.87M	-14.33M	-22.04M	-60.07M	-221.64M	277.45M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	452.51M	1.37B
EPS (Diluted)+	-0.06	-0.10	-0.35	-0.39	-0.45	-0.24	-0.34	-0.65	-0.94	-0.24
EPS Growth %	0.94%	-0.49%	-2.62%	-0.11%	-0.15%	0.47%	-0.42%	-0.91%	-0.45%	0.74%
EPS (Basic)	-0.06	-0.10	-0.35	-0.39	-0.45	-0.24	-0.34	-0.65	-0.94	-0.24
Diluted Shares Outstanding	4.06M	4.5M	100.93M	106.56M	109.06M	117.52M	119.2M	130.14M	194.59M	258.54M
Basic Shares Outstanding	4.06M	4.5M	100.93M	106.56M	109.06M	117.52M	119.2M	130.14M	194.59M	258.54M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	371.68K	44.28K	42.87M	76.93M	78.8M	23.28M	26.39M	63.94M	314.52M	412.57M
Cash & Short-Term Investments	324.99K	23.86K	40.77M	75.62M	77.94M	22.61M	25.55M	62.79M	38.24M	148.14M
Cash Only	324.99K	23.86K	35.7M	3.17M	15.74M	22.61M	25.55M	62.79M	38.24M	148.14M
Short-Term Investments	0	0	5.06M	72.45M	62.21M	0	0	0	0	0
Accounts Receivable	0	0	0	0	0	0	0	0	0	0
Days Sales Outstanding	-	-	-	-	-	-	-	-	-	-
Inventory	0	0	0	0	0	0	0	0	0	0
Days Inventory Outstanding	-	-	-	-	-	-	-	-	-	-
Other Current Assets	0	0	1.84M	835K	381K	267K	314K	107K	274.19M	264.44M
Total Non-Current Assets+	117.44M	117.51M	73.23M	92.07M	142.39M	178.39M	195.72M	248.49M	3.01B	5.99B
Property, Plant & Equipment	0	56.23M	73.23M	92.07M	135.65M	162.09M	174.41M	220.12M	2.62B	5.19B
Fixed Asset Turnover	-	-	-	-	-	-	-	-	-	-
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	3.17M	1.8M	354K	0	0	0
Long-Term Investments	0	0	0	0	0	0	0	0	0	472.06M
Other Non-Current Assets	117.44M	61.27M	0	0	3.58M	14.49M	20.96M	28.37M	393.18M	333.35M
Total Assets+	117.81M	117.55M	116.09M	169M	221.19M	201.67M	222.1M	312.43M	3.32B	6.4B
Asset Turnover	-	-	-	-	-	-	-	-	-	-
Asset Growth %	1006.94%	-0%	-0.01%	0.46%	0.31%	-0.09%	0.1%	0.41%	9.64%	0.93%
Total Current Liabilities+	17.26K	130.9K	8.4M	12.09M	21.54M	5.14M	8.23M	25.36M	552.39M	595.08M
Accounts Payable	17.26K	130.9K	726K	719K	11.91M	207K	281K	1.08M	243.13M	244.64M
Days Payables Outstanding	-	477.79	243.78	206.64	3.26K	27.12	47.68	311.05	28.19K	13.38K
Short-Term Debt	0	0	0	0	0	0	0	0	0	0
Deferred Revenue (Current)	0	0	0	0	0	0	0	0	0	0
Other Current Liabilities	0	-1.96M	3.32M	2.01M	2.5M	3.94M	2.3M	12.05M	275.67M	13.43M
Current Ratio	21.54x	0.34x	5.10x	6.36x	3.66x	4.53x	3.21x	2.52x	0.57x	0.69x
Quick Ratio	21.54x	0.34x	5.10x	6.36x	3.66x	4.53x	3.21x	2.52x	0.57x	0.69x
Cash Conversion Cycle	-	-	-	-	-	-	-	-	-	-
Total Non-Current Liabilities+	4.33M	4.38M	4.6M	7.44M	12.04M	23.79M	25.59M	30.25M	2.03B	4.06B
Long-Term Debt	0	60K	0	0	0	0	0	0	1.82B	3.92B
Capital Lease Obligations	0	0	0	0	3K	0	0	465K	145.96M	144.16M
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	4.33M	4.33M	4.6M	7.44M	12.03M	23.79M	25.59M	29.79M	68.72M	0
Total Liabilities	4.34M	4.52M	13M	19.53M	33.58M	28.93M	33.81M	55.62M	2.58B	4.66B
Total Debt+	0	60K	0	0	701K	432K	596K	1.56M	1.97B	4.07B
Net Debt	-324.99K	36.13K	-35.7M	-3.17M	-15.04M	-22.18M	-24.96M	-61.23M	1.93B	3.92B
Debt / Equity	-	0.00x	-	-	0.00x	0.00x	0.00x	0.01x	2.65x	2.33x
Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Net Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Interest Coverage	-	-	-	-	-	-	-	-9.48x	-1.45x	-1.95x
Total Equity+	113.47M	113.04M	103.09M	149.47M	187.62M	172.74M	188.29M	256.81M	740.43M	1.74B
Equity Growth %	4791.44%	-0%	-0.09%	0.45%	0.26%	-0.08%	0.09%	0.36%	1.88%	1.36%
Book Value per Share	27.93	25.12	1.02	1.40	1.72	1.47	1.58	1.97	3.81	6.75
Total Shareholders' Equity	113.47M	113.04M	103.09M	149.47M	187.62M	172.74M	188.29M	256.81M	287.92M	377.64M
Common Stock	108.04M	108.04M	11K	11K	12K	12K	12K	14K	26K	26K
Retained Earnings	-264.51K	-699.21K	-55.62M	-97.62M	-133.7M	-148.03M	-170.07M	-230.14M	-391.77M	-453.52M
Treasury Stock	0	0	0	-35K	-685K	-1.03M	-1.31M	-4.59M	-14.21M	-20.92M
Accumulated OCI	0	-27K	-40K	-66.25M	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	452.51M	1.37B

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-433.88K	-483.14K	-12.83M	-23.29M	-40.7M	-26.25M	-17.96M	-40.08M	-73.62M	-95.58M
Operating CF Margin %	-	-	-	-	-	-	-	-	-	-
Operating CF Growth %	-196.13%	-0.11%	-25.56%	-0.81%	-0.75%	0.35%	0.32%	-1.23%	-0.84%	-0.3%
Net Income	-263.19K	-434.7K	-35.33M	-41.96M	-35.87M	-14.33M	-22.04M	-60.07M	-221.64M	277.45M
Depreciation & Amortization	80	100K	106K	171K	1.21M	1.43M	735K	918K	3.15M	6.68M
Stock-Based Compensation	0	0	22.69M	16.84M	-9.65M	-341K	-4.31M	7.47M	26.55M	19.91M
Deferred Taxes	0	0	0	0	0	0	0	0	0	0
Other Non-Cash Items	-74.89K	-254.73K	22.91M	-50K	2.55M	-6.09M	3.95M	6.1M	122.46M	-419.73M
Working Capital Changes	-95.8K	206.29K	-303K	1.71M	1.06M	-6.92M	3.71M	5.5M	-4.14M	20.12M
Change in Receivables	0	0	0	0	0	0	0	0	0	0
Change in Inventory	0	0	0	0	0	0	0	0	0	0
Change in Payables	17.26K	113.64K	-137K	124K	207K	-370K	-26K	684K	4.06M	-2.22M
Cash from Investing+	-117.3M	122.02K	11.86M	-86.16M	-16.69M	18.52M	-18.53M	-40.89M	-1.75B	-2.57B
Capital Expenditures	-33.21K	-19.39M	-14.83M	-18.66M	-20.3M	-32.35M	-12.11M	-33.75M	-1.74B	-2.57B
CapEx % of Revenue	-	-	-	-	-	-	-	-	-	-
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-117.3M	122.02K	26.77M	-18.66M	-6.88M	-10.91M	-6.43M	-7.13M	-15.16M	-6.4M
Cash from Financing+	118.06M	60K	50.92K	76.91K	69.96M	14.6M	39.44M	118.2M	2.06B	2.77B
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-1.04K	0	0	-4	-42K	-50K	-67K	-75K	-53K	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	119.1M	0	0	0	-943K	14.65M	-552K	-7.22M	-46.24M	589.78M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-467.1K	-19.88M	-27.66M	-41.94M	-61M	-58.6M	-30.07M	-73.83M	-1.81B	-2.66B
FCF Margin %	-	-	-	-	-	-	-	-	-	-
FCF Growth %	-179.14%	-41.55%	-0.39%	-0.52%	-0.45%	0.04%	0.49%	-1.46%	-23.53%	-0.47%
FCF per Share	-0.11	-4.42	-0.27	-0.39	-0.56	-0.50	-0.25	-0.57	-9.31	-10.30
FCF Conversion (FCF/Net Income)	1.65x	1.11x	0.36x	0.55x	1.13x	1.83x	0.81x	0.67x	0.45x	1.55x
Interest Paid	0	0	0	0	0	0	0	0	23.36M	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-0.46%	-0.38%	-32.69%	-33.23%	-21.28%	-7.95%	-12.21%	-26.99%	-32.54%	-4.97%
Return on Invested Capital (ROIC)	-0.45%	-0.46%	-29.62%	-30.19%	-16.46%	-10.22%	-9.32%	-22.77%	-6.43%	-3.08%
Debt / Equity	-	0.00x	-	-	0.00x	0.00x	0.00x	0.01x	2.65x	2.33x
Interest Coverage	-	-	-	-	-	-	-	-9.48x	-1.45x	-1.95x
FCF Conversion	1.65x	1.11x	0.36x	0.55x	1.13x	1.83x	0.81x	0.67x	0.45x	1.55x

Frequently Asked Questions

Growth & Financials

NextDecade Corporation (NEXT) grew revenue by 0.0% over the past year. Growth has been modest.

NextDecade Corporation (NEXT) reported a net loss of $193.5M for fiscal year 2024.

Dividend & Returns

NextDecade Corporation (NEXT) has a return on equity (ROE) of -5.0%. Negative ROE indicates the company is unprofitable.

NextDecade Corporation (NEXT) had negative free cash flow of $3.71B in fiscal year 2024, likely due to heavy capital investments.