NEXT (NextDecade) E10: $0.00 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NEXT NextDecade Corp NEXT
24 GF Score
Price $6.73
! 5 Warning Signs
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What is NextDecade E10?

NextDecade NEXT 24 E10 is $0.00 as of Jun. 2026. GuruFocus rates NEXT with a GF Score™ of 24/100. The stock has 5 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

NextDecade's adjusted earnings per share data for the three months ended in Jun. 2026 was $-0.250. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.00 for the trailing ten years ended in Jun. 2026.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

As of today (2026-08-01), NextDecade's current stock price is $6.73. NextDecade's E10 for the quarter that ended in Jun. 2026 was $0.00. NextDecade's Shiller PE Ratio of today is .


NextDecade  (NAS:NEXT) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


NextDecade E10 Related Terms


NextDecade E10 Historical Data

* Premium members only.

The historical data trend for NextDecade's E10 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.

NextDecade E10 Chart

NextDecade Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 -0.46 -0.58

NextDecade Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
E10 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 -0.52 -0.56 -0.58 -0.64 0.00

NEXT vs INVX, XPRO, WBI: E10 Comparison

For the Oil & Gas Equipment & Services subindustry, NextDecade's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NextDecade Shiller PE Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, NextDecade's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where NextDecade's Shiller PE Ratio falls into.


NEXT
24GF Score
NextDecade Corp NEXT
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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NextDecade E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, NextDecade's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-0.25/333.9520*333.9520
=-0.250

Current CPI (Jun. 2026) = 333.9520.

NextDecade Quarterly Data

per share eps CPI Adj_EPS
201609 -0.010 241.428 -0.014
201612 -0.040 241.432 -0.055
201703 -0.020 243.801 -0.027
201706 -0.030 244.955 -0.041
201709 -0.140 246.819 -0.189
201712 -0.160 246.524 -0.217
201803 -0.150 249.554 -0.201
201806 -0.030 251.989 -0.040
201809 -0.100 252.439 -0.132
201812 -0.120 251.233 -0.160
201903 -0.160 254.202 -0.210
201906 -0.070 256.143 -0.091
201909 -0.060 256.759 -0.078
201912 -0.160 256.974 -0.208
202003 -0.020 258.115 -0.026
202006 -0.080 257.797 -0.104
202009 -0.090 260.280 -0.115
202012 -0.050 260.474 -0.064
202103 -0.060 264.877 -0.076
202106 -0.130 271.696 -0.160
202109 -0.030 274.310 -0.037
202112 -0.110 278.802 -0.132
202203 -0.140 287.504 -0.163
202206 -0.130 296.311 -0.147
202209 -0.190 296.808 -0.214
202212 -0.180 296.797 -0.203
202303 -0.230 301.836 -0.254
202306 -0.840 305.109 -0.919
202309 0.480 307.789 0.521
202312 -0.630 306.746 -0.686
202403 0.110 312.332 0.118
202406 -0.130 314.175 -0.138
202409 -0.470 315.301 -0.498
202412 0.250 315.605 0.265
202503 -0.340 319.799 -0.355
202506 -0.230 322.561 -0.238
202509 -0.420 324.800 -0.432
202512 -0.180 324.054 -0.185
202603 -0.510 330.213 -0.516
202606 -0.250 333.952 -0.250

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of $0.00 mean?
NextDecade (NEXT) has a E10 of $0.00 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on NextDecade and its competitors.
Is NextDecade's E10 too high?
NextDecade's current E10 is $0.00. Overall, NextDecade has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does NextDecade's E10 compare to INVX and XPRO?
NextDecade's E10 of $0.00 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for an Oil & Gas company?
A good E10 depends on the Oil & Gas industry context. However, E10 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 E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on NextDecade and its competitors. NextDecade's current E10 is $0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NextDecade stock overvalued right now?
NextDecade (NEXT) has a current E10 of $0.00. The current E10 is $0.00. NextDecade's overall GF Score™ is 24/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For NextDecade (NEXT), the current E10 is $0.00 as of Jun. 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.

NextDecade Business Description

Industry EnergyOil & Gas
Other Exchanges 2XD:Germany
Address 1000 Louisiana Street, Suite 3300, Houston, TX, USA, 77002
NextDecade Corp is a Houston-based energy company engaged in construction and development activities related to the liquefaction of natural gas, the sale of LNG, and the capture and storage of CO2 emissions. The group is constructing and developing a natural gas liquefaction and export facility located in the Rio Grande Valley near Brownsville, Texas (the Rio Grande LNG Facility). It also engaged in NEXT Carbon Solutions, advancing proprietary processes to lower the cost of utilizing carbon capture and storage (CCS) and help companies reduce their emissions and achieve their clean energy goals.
24GF Score

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E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$6.73
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