United States Natural Gas Fund (UNG) Enterprise Value (2009 - 2026)
United States Natural Gas Fund (UNG) recorded quarterly Enterprise Value of $269.6 million in Q2 2026, up 97.38% on a QoQ basis from $136.6 million in Q1 2026, and up 446.37% YoY from $49.4 million in Q2 2025.
Analysis
United States Natural Gas Fund (UNG) Enterprise Value (2009 - 2026) Analysis & Trends
United States Natural Gas Fund (UNG) has reported Enterprise Value for 18 consecutive years, with $269.6 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Enterprise Value rose 446.37% year-over-year to $269.6 million; the trailing twelve-month figure through Jun 2026 stood at $269.6 million (up 446.37% YoY), and the FY2025 full-year result was -$2.7 million, down 100.95% from the prior year.
- Enterprise Value was $269.6 million for Q2 2026 at United States Natural Gas Fund, up from $136.6 million in the prior quarter.
- The five-year high for Enterprise Value was $398.5 million in Q1 2025, with the low at -$24.5 million in Q1 2023.
- Historically, Enterprise Value has averaged $165.9 million across 5 years, with a median of $146.9 million in 2022.
- On a YoY basis, Enterprise Value climbed as much as 1002.02% in 2023 and fell as far as 115.59% in 2023.
- Tracing UNG's Enterprise Value over 5 years: stood at -$9.3 million in 2022, then soared by 1002.02% to $84.0 million in 2023, then surged by 234.56% to $280.9 million in 2024, then slumped by 100.95% to -$2.7 million in 2025, then surged by 10206.94% to $269.6 million in 2026.
- Per Business Quant data, the three most recent Enterprise Value figures were $269.6 million in Q2 2026, $136.6 million in Q1 2026, and -$2.7 million in Q4 2025.
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 Natural Gas Fund | 445.85 Mn | 158.25 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 269.64 Mn |
| Mar 31, 2026 | 136.61 Mn |
| Dec 31, 2025 | -2.67 Mn |
| Sep 30, 2025 | 18.40 Mn |
| Jun 30, 2025 | 49.35 Mn |
| Mar 31, 2025 | 398.47 Mn |
| Dec 31, 2024 | 280.88 Mn |
| Sep 30, 2024 | 363.77 Mn |
| Jun 30, 2024 | 289.77 Mn |
| Mar 31, 2024 | 127.19 Mn |
| Dec 31, 2023 | 83.96 Mn |
| Sep 30, 2023 | 203.42 Mn |
| Jun 30, 2023 | 390.22 Mn |
| Mar 31, 2023 | -24.52 Mn |
| Dec 31, 2022 | -9.31 Mn |
| Sep 30, 2022 | 183.69 Mn |
| Jun 30, 2022 | 70.28 Mn |
| Mar 31, 2022 | 157.23 Mn |
| Dec 31, 2021 | 85.68 Mn |
| Sep 30, 2021 | 95.82 Mn |