NXG (Cushing NextGen Infrastructureome Fund) ROE %: 37.71% (As of Nov. 2025) — 402% Above Median


NXG Cushing NextGen Infrastructure Income Fund NXG
26 GF Score
Price $59.60
! 8 Warning Signs
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What is Cushing NextGen Infrastructureome Fund ROE %?

Cushing NextGen Infrastructureome Fund NXG +1.57% 26 ROE % is 37.71% as of Nov. 2025, which is 402% above its 10-year median of 7.51. GuruFocus rates NXG with a GF Score™ of 26/100. The stock has 8 warning signs investors should review. Among 1,615 Asset Management companies, Cushing NextGen Infrastructureome Fund ranks better than 79.5% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Cushing NextGen Infrastructureome Fund's annualized net income for the quarter that ended in Nov. 2025 was $89.44 Mil. Cushing NextGen Infrastructureome Fund's average Total Stockholders Equity over the quarter that ended in Nov. 2025 was $237.18 Mil. Therefore, Cushing NextGen Infrastructureome Fund's annualized ROE % for the quarter that ended in Nov. 2025 was 37.71%.

The historical rank and industry rank for Cushing NextGen Infrastructureome Fund's ROE % or its related term are showing as below:

NXG' s ROE % Range Over the Past 10 Years
Min: -23.17   Med: 7.51   Max: 43.88
Current: 17.84

During the past 9 years, Cushing NextGen Infrastructureome Fund's highest ROE % was 43.88%. The lowest was -23.17%. And the median was 7.51%.

NXG's ROE % is ranked better than
79.5% of 1615 companies
in the Asset Management industry
Industry Median: 6.35 vs NXG: 17.84

Cushing NextGen Infrastructureome Fund  (NYSE:NXG) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Nov. 2025 )
=Net Income/Total Stockholders Equity
=89.442/237.177
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(89.442 / 90.274)*(90.274 / 330.609)*(330.609 / 237.177)
=Net Margin %*Asset Turnover*Equity Multiplier
=99.08 %*0.2731*1.3939
=ROA %*Equity Multiplier
=27.06 %*1.3939
=37.71 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Nov. 2025 )
=Net Income/Total Stockholders Equity
=89.442/237.177
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (89.442 / 89.442) * (89.442 / 90.274) * (90.274 / 330.609) * (330.609 / 237.177)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 1 * 99.08 % * 0.2731 * 1.3939
=37.71 %

Note: The net income data used here is two times the semi-annual (Nov. 2025) net income data. The Revenue data used here is two times the semi-annual (Nov. 2025) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Cushing NextGen Infrastructureome Fund ROE % Related Terms


Cushing NextGen Infrastructureome Fund ROE % Historical Data

* Premium members only.

The historical data trend for Cushing NextGen Infrastructureome Fund's ROE % 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.

Cushing NextGen Infrastructureome Fund ROE % Chart

Cushing NextGen Infrastructureome Fund Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
ROE %
Get a 7-Day Free Trial Premium Member Only 20.04 7.51 -23.17 43.88 16.72

Cushing NextGen Infrastructureome Fund Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
ROE % 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 -21.16 36.92 56.66 -6.47 37.71

NXG vs SPXX, AGD, ZTR: ROE % Comparison

For the Asset Management subindustry, Cushing NextGen Infrastructureome Fund's ROE %, along with its competitors' market caps and ROE % 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.


Cushing NextGen Infrastructureome Fund ROE % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Cushing NextGen Infrastructureome Fund's ROE % distribution charts can be found below:

* The bar in red indicates where Cushing NextGen Infrastructureome Fund's ROE % falls into.


NXG
26GF Score
Cushing NextGen Infrastructure Income Fund NXG
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Cushing NextGen Infrastructureome Fund ROE % Calculation

Cushing NextGen Infrastructureome Fund's annualized ROE % for the fiscal year that ended in Nov. 2025 is calculated as

ROE %=Net Income (A: Nov. 2025 )/( (Total Stockholders Equity (A: Nov. 2024 )+Total Stockholders Equity (A: Nov. 2025 ))/ count )
=38.793/( (177.964+285.965)/ 2 )
=38.793/231.9645
=16.72 %

Cushing NextGen Infrastructureome Fund's annualized ROE % for the quarter that ended in Nov. 2025 is calculated as

ROE %=Net Income (Q: Nov. 2025 )/( (Total Stockholders Equity (Q: May. 2025 )+Total Stockholders Equity (Q: Nov. 2025 ))/ count )
=89.442/( (188.389+285.965)/ 2 )
=89.442/237.177
=37.71 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Nov. 2025) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 37.71% mean?
Cushing NextGen Infrastructureome Fund (NXG) has a ROE % of 37.71% as of Nov. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Cushing NextGen Infrastructureome Fund and its competitors. This is 402% above median its historical median of 7.51. According to the industry distribution chart, Cushing NextGen Infrastructureome Fund ranks #331 out of 1615 companies in the Asset Management industry, placing it in the top 20.5%.
Is Cushing NextGen Infrastructureome Fund's ROE % too high?
Cushing NextGen Infrastructureome Fund's current ROE % of 37.71% is 402% above median its 10-year median of 7.51. The Asset Management industry median ROE % is 6.35. Cushing NextGen Infrastructureome Fund's value of 37.71% is 493.9% above this industry median. Based on the distribution chart, Cushing NextGen Infrastructureome Fund ranks #331 out of 1615 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Cushing NextGen Infrastructureome Fund has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Cushing NextGen Infrastructureome Fund's ROE % compare to SPXX and AGD?
According to the Asset Management industry distribution chart, Cushing NextGen Infrastructureome Fund ranks #331 out of 1615 companies for ROE %. This places Cushing NextGen Infrastructureome Fund in the top 21% of its industry — outperforming the majority of peers. The industry median ROE % is 6.35. Cushing NextGen Infrastructureome Fund's value of 37.71% is 493.9% above this benchmark. While the company's 10-year median is 7.51 vs. the industry median of 6.35, Cushing NextGen Infrastructureome Fund 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 ROE % for an Asset Management company?
The median ROE % among Asset Management companies is 6.35, based on 1,615 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cushing NextGen Infrastructureome Fund's current ROE % of 37.71% is 493.9% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Cushing NextGen Infrastructureome Fund and its competitors. For the Asset Management industry, the median ROE % is 6.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cushing NextGen Infrastructureome Fund's current ROE % is 37.71%, which is 402% above median its own 10-year median of 7.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cushing NextGen Infrastructureome Fund stock overvalued right now?
Cushing NextGen Infrastructureome Fund (NXG) has a current ROE % of 37.71%. The current ROE % is 37.71%, which is 402% above median its 10-year median of 7.51 and 493.9% above the Asset Management industry median of 6.35. Cushing NextGen Infrastructureome Fund's overall GF Score™ is 26/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Cushing NextGen Infrastructureome Fund (NXG), the current ROE % is 37.71% as of Nov. 2025. 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.

Cushing NextGen Infrastructureome Fund Business Description

Address 4925 Greenville Avenue, Suite 1310, Dallas, TX, USA, 75206
Cushing NextGen Infrastructure Income Fund is a closed-end management investment company. Its investment objective is to seek a high total return with an emphasis on current income. The fund invests at least 80% of its net assets in a portfolio of equity and debt securities of infrastructure companies, including energy infrastructure companies, industrial infrastructure companies, sustainable infrastructure companies and technology and communication infrastructure companies.
26GF Score

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

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