United States Brent Oil Fund (BNO) Liabilities and Shareholders Equity (2011 - 2026)
United States Brent Oil Fund's (BNO) quarterly Liabilities and Shareholders Equity came in at $544.2 million in Q2 2026, up 423.25% on a YoY basis from $104.0 million in Q2 2025, and down 42.84% quarter-over-quarter from $952.1 million in Q1 2026.
Analysis
United States Brent Oil Fund (BNO) Liabilities and Shareholders Equity (2011 - 2026) Analysis & Trends
United States Brent Oil Fund (BNO) has reported Liabilities and Shareholders Equity for 16 consecutive years, with $544.2 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Liabilities and Shareholders Equity rose 423.25% year-over-year to $544.2 million; the trailing twelve-month figure through Jun 2026 stood at $1.7 billion (up 218.3% YoY), and the FY2025 full-year result was $100.7 million, down 12.31% from the prior year.
- Liabilities and Shareholders Equity slipped to $544.2 million in Q2 2026 per BNO's latest filing, from $952.1 million in the prior quarter.
- Across five years, Liabilities and Shareholders Equity topped out at $952.1 million in Q1 2026 and bottomed at $98.3 million in Q1 2025.
- Historically, Liabilities and Shareholders Equity has averaged $233.6 million across 5 years, with a median of $168.7 million in 2023.
- The sharpest annual moves came in 2025 and 2026: Liabilities and Shareholders Equity tumbled 52.81% in 2025, then jumped 868.12% in 2026.
- Over 5 years, Liabilities and Shareholders Equity stood at $235.1 million in 2022, then slumped by 44.56% to $130.4 million in 2023, then retreated by 11.88% to $114.9 million in 2024, then decreased by 12.31% to $100.7 million in 2025, then soared by 440.26% to $544.2 million in 2026.
- According to Business Quant data, Liabilities and Shareholders Equity over the past three periods registered $544.2 million, $952.1 million, and $100.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Liabilities and Shareholders Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 169.89 Bn | 156.02 Bn | - | 175.88 Bn |
| 2 | Spdr Gold Trust | 144.81 Bn | -413.20 Bn | - | 46.13 Bn |
| 3 | Ishares Gold Trust | 30.30 Bn | -29.81 Bn | - | - |
| 4 | World Gold Trust | 29.28 Bn | -73.79 Bn | - | 27.30 Bn |
| 5 | Principal Financial | 24.84 Bn | -28.13 Bn | 1.91 Bn | 352.75 Bn |
| 6 | iShares Silver Trust | 22.15 Bn | -6.05 Bn | - | - |
| 7 | Franklin Resources | 17.84 Bn | 14.12 Bn | - | 36.24 Bn |
| 8 | Invesco | 14.63 Bn | 13.72 Bn | 1.79 Bn | 27.47 Bn |
| 9 | Affiliated Managers | 9.51 Bn | 9.10 Bn | - | 9.40 Bn |
| 10 | United States Brent Oil Fund | 920.37 Mn | 525.94 Mn | - | 544.24 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 544.24 Mn |
| Mar 31, 2026 | 952.11 Mn |
| Dec 31, 2025 | 100.74 Mn |
| Sep 30, 2025 | 102.25 Mn |
| Jun 30, 2025 | 104.01 Mn |
| Mar 31, 2025 | 98.35 Mn |
| Dec 31, 2024 | 114.87 Mn |
| Sep 30, 2024 | 216.65 Mn |
| Jun 30, 2024 | 128.87 Mn |
| Mar 31, 2024 | 134.41 Mn |
| Dec 31, 2023 | 130.35 Mn |
| Sep 30, 2023 | 170.17 Mn |
| Jun 30, 2023 | 167.18 Mn |
| Mar 31, 2023 | 241.41 Mn |
| Dec 31, 2022 | 235.12 Mn |
| Sep 30, 2022 | 199.52 Mn |
| Jun 30, 2022 | 276.78 Mn |
| Mar 31, 2022 | 287.08 Mn |
| Dec 31, 2021 | 226.99 Mn |
| Sep 30, 2021 | 246.26 Mn |