Invesco DB Oil Fund (DBO) Operating Margin (2015 - 2026)
Invesco DB Oil Fund (DBO) recorded Operating Margin of 82.77% in Q2 2026, down 0.73 percentage points from 83.50% a year earlier but up 7.11 percentage points from the prior quarter.
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Invesco DB Oil Fund (DBO) Operating Margin (2015 - 2026) Analysis & Trends
On a TTM basis, Invesco DB Oil Fund's Operating Margin came in at 81.05% as of Jun 30, 2026, down 3.34 percentage points year-over-year; for FY2025, it was 82.65%, down 3.58 percentage points from FY2024.
- Annual Operating Margin has a five-year change of +204.95 percentage points (FY2020 to FY2025).
- Across earlier years, Operating Margin came in at 86.23% in FY2024 (+0.50 pp), 85.73% in FY2023 (+43.61 pp), 42.12% in FY2022 (+2802.15 pp) and -2760.03% in FY2021 (-2637.73 pp).
- Quarterly Operating Margin has ranged from -7292.07% in Q3 2021 to 86.90% in Q1 2024 over the past five years.
- On a year-over-year basis, Operating Margin has declined for eight consecutive quarters, with an average year-over-year change of -2.96 percentage points over the last eight quarters.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 7355.67 percentage points in Q3 2022, against a drop of 6636.39 percentage points in Q3 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 75.66% (Q1 2026), 80.93% (Q4 2025) and 83.83% (Q3 2025).
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Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 82.77% |
| Mar 31, 2026 | 75.66% |
| Dec 31, 2025 | 80.93% |
| Sep 30, 2025 | 83.83% |
| Jun 30, 2025 | 83.50% |
| Mar 31, 2025 | 82.26% |
| Dec 31, 2024 | 84.32% |
| Sep 30, 2024 | 86.64% |
| Jun 30, 2024 | 86.71% |
| Mar 31, 2024 | 86.90% |
| Dec 31, 2023 | 86.54% |
| Sep 30, 2023 | 86.74% |
| Jun 30, 2023 | 85.53% |
| Mar 31, 2023 | 83.84% |
| Dec 31, 2022 | 76.31% |
| Sep 30, 2022 | 63.61% |
| Jun 30, 2022 | -10.83% |
| Mar 31, 2022 | -731.34% |
| Dec 31, 2021 | -3,130.09% |
| Sep 30, 2021 | -7,292.07% |
API Access
Invesco DB Oil Fund Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=DBO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "DBO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=DBO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();