Health score, price, valuation, risk signals, and key metrics at a glance.
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. It is also involved in the sale of LNG. NextDecade Corporation was founded in 2010 and is based in Houston, Texas.
Grade capped at D — Interest coverage below 1× (-0.9x) — earnings cannot cover interest. Strongest: Cash & Earnings Quality (8/25); weakest: Profitability (0/25).
Today's multiple positioned against its own trailing range — a visual premium/discount check.
Currently near its 6-quarter median.
Currently below its 18-quarter median.
Data-driven signals worth keeping an eye on across the last 8 quarters
The company posted negative operating margins in recent quarters — core operations are unprofitable.
Free cash flow has been negative in 8 of the last 8 quarters — earnings are not translating to cash.
as of September 2026
Revenue, EBITDA, operating income, net income, EPS, and shares
Gross, EBITDA, operating, and net margin trends
P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield
Total assets, cash, debt, book value, and leverage
Operating cash flow, free cash flow, FCF margin, and earnings quality
D/E ratio is 3.2 — heavily leveraged and vulnerable to rising rates or cash flow dips.
The last 8 consecutive quarters had negative FCF — the company is burning cash and may need external funding.
Shares outstanding rose 2.6% — mild dilution. Compare to earnings growth to assess the net per-share impact.
