United States Brent Oil Fund (BNO) Enterprise Value (2010 - 2026)
United States Brent Oil Fund's (BNO) quarterly Enterprise Value came in at $255.3 million in Q2 2026, up 1004.53% on a YoY basis from $23.1 million in Q2 2025, and up 148.88% quarter-over-quarter from -$522.3 million in Q1 2026.
Analysis
United States Brent Oil Fund (BNO) Enterprise Value (2010 - 2026) Analysis & Trends
United States Brent Oil Fund (BNO) has reported Enterprise Value for 17 consecutive years, with $255.3 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Enterprise Value rose 1004.53% year-over-year to $255.3 million; the trailing twelve-month figure through Jun 2026 stood at $255.3 million (up 1004.53% YoY), and the FY2025 full-year result was $6.6 million, down 89.99% from the prior year.
- Enterprise Value improved to $255.3 million in Q2 2026 per BNO's latest filing, from -$522.3 million in the prior quarter.
- Across five years, Enterprise Value topped out at $255.3 million in Q2 2026 and bottomed at -$522.3 million in Q1 2026.
- Historically, Enterprise Value has averaged $48.3 million across 5 years, with a median of $56.4 million in 2023.
- The sharpest annual moves came in 2022 and 2026: Enterprise Value surged 1600.73% in 2022, then plunged 1685.25% in 2026.
- Over 5 years, Enterprise Value stood at $157.3 million in 2022, then plunged by 32.44% to $106.3 million in 2023, then slumped by 37.91% to $66.0 million in 2024, then slumped by 89.99% to $6.6 million in 2025, then soared by 3766.39% to $255.3 million in 2026.
- According to Business Quant data, Enterprise Value over the past three periods registered $255.3 million, -$522.3 million, and $6.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | BlackRock | 169.89 Bn | 156.02 Bn | - |
| 2 | Spdr Gold Trust | 144.81 Bn | -413.20 Bn | - |
| 3 | Ishares Gold Trust | 30.30 Bn | -29.81 Bn | - |
| 4 | World Gold Trust | 29.28 Bn | -73.79 Bn | - |
| 5 | Principal Financial | 24.84 Bn | -28.13 Bn | 1.91 Bn |
| 6 | iShares Silver Trust | 22.15 Bn | -6.05 Bn | - |
| 7 | Franklin Resources | 17.84 Bn | 14.12 Bn | - |
| 8 | Invesco | 14.63 Bn | 13.72 Bn | 1.79 Bn |
| 9 | Affiliated Managers | 9.51 Bn | 9.10 Bn | - |
| 10 | United States Brent Oil Fund | 920.37 Mn | 525.94 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 255.29 Mn |
| Mar 31, 2026 | -522.31 Mn |
| Dec 31, 2025 | 6.60 Mn |
| Sep 30, 2025 | 12.47 Mn |
| Jun 30, 2025 | 23.11 Mn |
| Mar 31, 2025 | 32.95 Mn |
| Dec 31, 2024 | 65.97 Mn |
| Sep 30, 2024 | -11.93 Mn |
| Jun 30, 2024 | 40.29 Mn |
| Mar 31, 2024 | 39.05 Mn |
| Dec 31, 2023 | 106.26 Mn |
| Sep 30, 2023 | 46.83 Mn |
| Jun 30, 2023 | 94.66 Mn |
| Mar 31, 2023 | 84.60 Mn |
| Dec 31, 2022 | 157.26 Mn |
| Sep 30, 2022 | 161.42 Mn |
| Jun 30, 2022 | 185.60 Mn |
| Mar 31, 2022 | 91.60 Mn |
| Dec 31, 2021 | 204.11 Mn |
| Sep 30, 2021 | 124.05 Mn |