United States Natural Gas Fund UNG
NYSE UNG
$10.45 -0.11 (-0.99%)
As of: Sep 8, 2026 · 3:59 PM EDT

United States Natural Gas Fund (UNG) Asset Utilization Ratio (2013 - 2025)

United States Natural Gas Fund (UNG) recorded quarterly Asset Utilization Ratio of 0.64 in Q4 2025, down 26.15% on a QoQ basis from 0.86 in Q3 2025, and up 37.46% YoY from 0.46 in Q4 2024.

Analysis

United States Natural Gas Fund (UNG) Asset Utilization Ratio (2013 - 2025) Analysis & Trends

United States Natural Gas Fund (UNG) has reported Asset Utilization Ratio for 13 consecutive years, with 0.64 the latest figure, recorded in Q4 2025.

  • For the quarter ending Q4 2025, Asset Utilization Ratio rose 37.46% year-over-year to 0.64; the trailing twelve-month figure through Dec 2025 stood at 0.64 (up 37.46% YoY), and the FY2025 full-year result was 0.01, down 87.6% from the prior year.
  • Asset Utilization Ratio was 0.64 for Q4 2025 at United States Natural Gas Fund, down from 0.86 in the prior quarter.
  • The five-year high for Asset Utilization Ratio was 1.62 in Q1 2022, with the low at 0.46 in Q4 2024.
  • Historically, Asset Utilization Ratio has averaged 0.91 across 5 years, with a median of 0.83 in 2021.
  • Annual changes were most pronounced in 2022 — Asset Utilization Ratio jumped 176.77% — and 2023, when it tumbled 49.81%.
  • Tracing UNG's Asset Utilization Ratio over 5 years: stood at 1.16 in 2021, then rose by 9.45% to 1.27 in 2022, then plunged by 35.04% to 0.83 in 2023, then sank by 43.93% to 0.46 in 2024, then jumped by 37.46% to 0.64 in 2025.
  • Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.64 in Q4 2025, 0.86 in Q3 2025, and 0.96 in Q2 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 BlackRock 169.89 Bn 156.02 Bn - 0.16
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 0.05
6 iShares Silver Trust 22.15 Bn -6.05 Bn - -
7 Franklin Resources 17.84 Bn 14.12 Bn - 0.27
8 Invesco 14.63 Bn 13.72 Bn 1.79 Bn 0.25
9 Affiliated Managers 9.51 Bn 9.10 Bn - 0.24
10 United States Natural Gas Fund 445.85 Mn 158.25 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2025 0.64
Sep 30, 2025 0.86
Jun 30, 2025 0.96
Mar 31, 2025 0.72
Dec 31, 2024 0.46
Sep 30, 2024 0.72
Jun 30, 2024 0.86
Mar 31, 2024 0.66
Dec 31, 2023 0.83
Sep 30, 2023 0.73
Jun 30, 2023 0.74
Mar 31, 2023 0.99
Dec 31, 2022 1.27
Sep 30, 2022 1.35
Jun 30, 2022 1.48
Mar 31, 2022 1.62
Dec 31, 2021 1.16
Sep 30, 2021 0.82
Jun 30, 2021 0.74
Mar 31, 2021 0.59