United States Natural Gas Fund (UNG) FCF Margin (2013 - 2025)

United States Natural Gas Fund has disclosed FCF Margin across 13 years of filings, most recently posting 638.18% for 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 climbed to 638.18% in Q4 2025, from 161.22% in the prior quarter.
• Over five years, FCF Margin peaked at 638.18% in Q4 2025 and troughed at 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 gained by 8 bps to 78.69% in 2022, then tumbled by 61 bps to 126.8% in 2023, then surged by 221 bps to 153.45% in 2024, then surged by 316 bps to 638.18% in 2025.
• Business Quant data shows UNG's FCF Margin at 638.18% in Q4 2025, 161.22% in Q3 2025, and 71.9% in Q2 2025.