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

United States Natural Gas Fund (UNG) reported FCF Margin of 638.18% for Q4 2025, up 48473.0% year-on-year from N/an in Q4 2024, and up 495.85% quarter-over-quarter from 161.22% in Q3 2025.

United States Natural Gas Fund (UNG) has 13 years of FCF Margin data on file, last reported at 638.18% in Q4 2025.

  • For the quarter ending Q4 2025, FCF Margin rose 48473.0% year-over-year to 638.18%; the trailing twelve-month figure through Dec 2025 stood at 32.44% (up 2054.0% YoY), and the FY2025 full-year result was 2366.28%, up 228175.0% from the prior year.
  • FCF Margin for Q4 2025 stood at 638.18%, up from 161.22% in the prior quarter.
  • Across five years, FCF Margin topped out at 638.18% in Q4 2025 and bottomed 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.
  • Across the five-year window, FCF Margin plunged 407051 bps in 2024 and soared 388405 bps in 2025, its largest moves.
  • Tracing UNG's FCF Margin over 5 years: stood at 85.16% in 2021, then advanced by 8 bps to 78.69% in 2022, then slumped 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.
  • According to Business Quant data, FCF Margin over the past three periods registered 638.18%, 161.22%, and 71.9% for Q4 2025, Q3 2025, and Q2 2025 respectively.

Historic Data

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DateValue
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%
Dec 31, 2020 -110.43%
Sep 30, 2020 134.95%
Jun 30, 2020 -144.71%
Mar 31, 2020 -94.95%
Dec 31, 2019 -132.69%
Sep 30, 2019 280.18%
Jun 30, 2019 -133.66%
Mar 31, 2019 -15,304.88%
Dec 31, 2018 215.44%
Sep 30, 2018 48.73%
Jun 30, 2018 116.06%
Mar 31, 2018 534.94%
Dec 31, 2017 -292.37%
Sep 30, 2017 113.25%
Jun 30, 2017 -111.84%
Mar 31, 2017 -111.68%
Dec 31, 2016 124.92%
Sep 30, 2016 521.17%
Jun 30, 2016 45.11%
Mar 31, 2016 -92.20%
Dec 31, 2015 -134.94%
Sep 30, 2015 -69.13%
Jun 30, 2015 93.47%
Mar 31, 2015 -122.95%
Dec 31, 2014 -91.21%
Sep 30, 2014 -219.44%
Jun 30, 2014 433.95%
Mar 31, 2014 58.49%
Dec 31, 2013 159.16%
Sep 30, 2013 -181.78%
Jun 30, 2013 -41.52%
Mar 31, 2013 86.05%