United States Brent Oil Fund BNO
NYSE BNO
$57.69 +1.58 (+2.82%)
As of: Sep 8, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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