Next (NXGPF) Accumulated Depreciation: $-2,319 Mil (As of Jan. 2026)

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NXGPF Next PLC NXGPF
88 GF Score
Price $206.72
GF Value $177.65
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Next Accumulated Depreciation?

Next NXGPF 88 Accumulated Depreciation is $-2,319 Mil as of Jan. 2026. GuruFocus rates NXGPF with a GF Score™ of 88/100 and a GF Value™ of $177.65 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Next's quarterly accumulated depreciation declined from Jan. 2025 ($-2,022 Mil) to Jul. 2025 ($0 Mil) but then increased from Jul. 2025 ($0 Mil) to Jan. 2026 ($-2,319 Mil).

Next's annual accumulated depreciation increased from Jan. 2024 ($-1,961 Mil) to Jan. 2025 ($-2,022 Mil) and increased from Jan. 2025 ($-2,022 Mil) to Jan. 2026 ($-2,319 Mil).

Next Accumulated Depreciation Related Terms

Next Accumulated Depreciation Historical Data

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The historical data trend for Next's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Next Accumulated Depreciation Chart

Next Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,966.40 -1,831.70 -1,961.50 -2,021.63 -2,318.54

Next Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
Accumulated Depreciation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1,961.50 0.00 -2,021.63 0.00 -2,318.54
NXGPF
88GF Score
Next PLC NXGPF
Accumulated Depreciation is just one metric. See GF Score™, valuation, warning signs, and more.
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Next Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

What does a Accumulated Depreciation of $-2,319 Mil mean?
Next (NXGPF) has a Accumulated Depreciation of $-2,319 Mil as of Jan. 2026. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Next and its competitors.
Is Next's Accumulated Depreciation too high?
Next's current Accumulated Depreciation is $-2,319 Mil. Overall, Next has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Next's Accumulated Depreciation compare to TJX and ROST?
Next's Accumulated Depreciation of $-2,319 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accumulated Depreciation for a Retail - Cyclical company?
A good Accumulated Depreciation depends on the Retail - Cyclical industry context. However, Accumulated Depreciation should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accumulated Depreciation mean?
A high Accumulated Depreciation can signal that a stock is expensive relative to its fundamentals. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Next and its competitors. Next's current Accumulated Depreciation is $-2,319 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Next stock overvalued right now?
Based on GuruFocus' analysis, Next (NXGPF) is currently considered Modestly Overvalued. The stock's GF Value™ is $177.65, compared to a current price of $206.72 — trading 16.4% above its estimated fair value. The current Accumulated Depreciation is $-2,319 Mil. Next's overall GF Score™ is 88/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accumulated Depreciation calculated?
Accumulated Depreciation is calculated from a company's financial statements. For Next (NXGPF), the current Accumulated Depreciation is $-2,319 Mil as of Jan. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Next (NXGPF) Overvalued in 2026?

Based on GuruFocus' analysis, Next stock appears to be overvalued. The current stock price of $206.72 is trading 16.4% above its estimated GF Value™ of $177.65. GuruFocus considers Next to be Modestly Overvalued.

Key valuation signals for NXGPF:

  • Accumulated Depreciation: $-2,319 Mil
  • GF Value™: $177.65 vs. price of $206.72 (16.4% above fair value)
  • GF Score™: 88/100 with 2 warning signs

No single metric tells the full story. See the NXGPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Next Business Description

Address Desford Road, Enderby, Leicester, GBR, LE19 4AT
Next PLC operates as a retailer, specializing in the sale of clothing, footwear, accessories, and home products. A portion of the company's product offerings comprises items bearing the Next brand. Additionally, the majority of the company's remaining sales occur through retail stores located outside the United Kingdom, which it franchises. The company's segments encompass NEXT Online, NEXT Finance, NEXT Retail, and Other Business Activities. A substantial portion of the company's revenue is derived from customers within the United Kingdom; however, its presence extends to regions such as the Rest of Europe, the Middle East, Asia, and the Rest of the World.
88GF Score

Get the complete analysis for NXGPF

Accumulated Depreciation is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$206.72
Price
$177.65
GF Value