Next (NXGPF) EBITDA Margin %: 24.11% (As of Jan. 2026) — Near Median


NXGPF Next PLC NXGPF
86 GF Score
Price $190.69
GF Value $173.79
Valuation Fairly Valued
! 2 Warning Signs
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What is Next EBITDA Margin %?

Next NXGPF +3.17% 86 EBITDA Margin % is 24.11% as of Jan. 2026, which is 3% above its 10-year median of 23.30. GuruFocus rates NXGPF with a GF Score™ of 86/100 and a GF Value™ of $173.79 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,128 Retail - Cyclical companies, Next ranks better than 89.89% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Next's EBITDA for the six months ended in Jan. 2026 was $1,226 Mil. Next's Revenue for the six months ended in Jan. 2026 was $5,084 Mil. Therefore, Next's EBITDA margin for the quarter that ended in Jan. 2026 was 24.11%.


Next  (OTCPK:NXGPF) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Next EBITDA Margin % Related Terms


Next EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Next's EBITDA Margin % 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 EBITDA Margin % Chart

Next Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.14 22.11 24.57 22.79 23.54

Next Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
EBITDA Margin % 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 26.24 22.20 23.32 22.86 24.11

NXGPF vs TJX, ROST, BURL: EBITDA Margin % Comparison

For the Apparel Retail subindustry, Next's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % 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.


Next EBITDA Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Next's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Next's EBITDA Margin % falls into.


NXGPF
86GF Score
Next PLC NXGPF
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Next EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Next's EBITDA Margin % for the fiscal year that ended in Jan. 2026 is calculated as

EBITDA Margin %=EBITDA (A: Jan. 2026 )/Revenue (A: Jan. 2026 )
=2198.241/9338.701
=23.54 %

Next's EBITDA Margin % for the quarter that ended in Jan. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Jan. 2026 )/Revenue (Q: Jan. 2026 )
=1225.71/5083.627
=24.11 %

* 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.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 24.11% mean?
Next (NXGPF) has a EBITDA Margin % of 24.11% as of Jan. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Next and its competitors. This is near median its historical median of 23.30. Over the past decade, Next's EBITDA Margin % has ranged from 21.61 to 26.45. According to the industry distribution chart, Next ranks #114 out of 1128 companies in the Retail - Cyclical industry, placing it in the top 10.1%.
Is Next's EBITDA Margin % too high?
Next's current EBITDA Margin % of 24.11% is near median its 10-year median of 23.30. Over the past 10 years, this metric has ranged from a low of 21.61 to a high of 26.45. The Retail - Cyclical industry median EBITDA Margin % is 7.48. Next's value of 24.11% is 222.3% above this industry median. Based on the distribution chart, Next ranks #114 out of 1128 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Next has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Next's EBITDA Margin % compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Next ranks #114 out of 1128 companies for EBITDA Margin %. This places Next in the top 10% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 7.48. Next's value of 24.11% is 222.3% above this benchmark. Historically, Next's own EBITDA Margin % has ranged from 21.61 to 26.45 over the past decade. While the company's 10-year median is 23.30 vs. the industry median of 7.48, Next has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Retail - Cyclical company?
The median EBITDA Margin % among Retail - Cyclical companies is 7.48, based on 1,128 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Next's current EBITDA Margin % of 24.11% is 222.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Next and its competitors. For the Retail - Cyclical industry, the median EBITDA Margin % is 7.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Next's current EBITDA Margin % is 24.11%, which is near median its own 10-year median of 23.30. 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 Fairly Valued. The stock's GF Value™ is $173.79, compared to a current price of $190.69 — trading 9.7% above its estimated fair value. The current EBITDA Margin % is 24.11%, which is near median its 10-year median of 23.30 and 222.3% above the Retail - Cyclical industry median of 7.48. Next's overall GF Score™ is 86/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Next (NXGPF), the current EBITDA Margin % is 24.11% 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 $190.69 is trading 9.7% above its estimated GF Value™ of $173.79. GuruFocus considers Next to be Fairly Valued.

Key valuation signals for NXGPF:

  • EBITDA Margin %: 24.11% (near median its 10-year median of 23.30)
  • GF Value™: $173.79 vs. price of $190.69 (9.7% above fair value)
  • GF Score™: 86/100 with 2 warning signs
  • Industry Position: 222.3% above the Retail - Cyclical median (#114 of 1128)

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.
86GF Score

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

$190.69
Price
$173.79
GF Value