United States Natural Gas Fund (UNG) FCF Margin (2013 - 2025)
United States Natural Gas Fund's (UNG) quarterly FCF Margin came in at 638.18% in Q4 2025, up 48473.0% YoY from N/an in Q4 2024, and up 495.85% on a QoQ basis from 161.22% in Q3 2025.
United States Natural Gas Fund (UNG) FCF Margin (2013 - 2025) Analysis & Trends
United States Natural Gas Fund (UNG) has 13 years of FCF Margin data on file, last reported at 638.18% in Q4 2025.
- Quarterly FCF Margin rose 48473.0% year-over-year to 638.18% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 32.44% (up 2054.0% YoY) and the FY2025 annual result came in at 2366.28%, up 228175.0% from the prior year.
- FCF Margin rose to 638.18% in Q4 2025, from 161.22% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 638.18% in Q4 2025 to a low of 4045.26% in Q3 2024.
- A 5-year average of 158.29% and a median of 25.61% in 2021 frame the typical range for FCF Margin.
- Annual changes were most pronounced in 2024 — FCF Margin slumped 407051 bps — and 2025, when it soared 388405 bps.
- Tracing UNG's FCF Margin over 5 years: stood at 85.16% in 2021, then increased by 8 bps to 78.69% in 2022, then sank by 61 bps to 126.8% in 2023, then soared by 221 bps to 153.45% in 2024, then soared by 316 bps to 638.18% in 2025.
- The last three FCF Margin figures came in at 638.18% (Q4 2025), 161.22% (Q3 2025), and 71.9% (Q2 2025), per Business Quant data.
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Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 638.18% |
| Sep 30, 2025 | -161.22% |
| Jun 30, 2025 | -71.90% |
| Mar 31, 2025 | 127.13% |
| Dec 31, 2024 | 153.45% |
| Sep 30, 2024 | -4,045.26% |
| Jun 30, 2024 | 130.63% |
| Mar 31, 2024 | -55.27% |
| Dec 31, 2023 | -126.80% |
| Sep 30, 2023 | 25.25% |
| Jun 30, 2023 | -80.68% |
| Mar 31, 2023 | -107.12% |
| Dec 31, 2022 | -78.69% |
| Sep 30, 2022 | 70.16% |
| Jun 30, 2022 | 224.57% |
| Mar 31, 2022 | 79.40% |
| Dec 31, 2021 | -85.16% |
| Sep 30, 2021 | 93.75% |
| Jun 30, 2021 | 77.84% |
| Mar 31, 2021 | 25.97% |