United States Natural Gas Fund (UNG) Invested Capital (2010 - 2026)

United States Natural Gas Fund (UNG) recorded quarterly Invested Capital of $443.8 million in Q1 2026, down 19.4% on a QoQ basis from $550.6 million in Q4 2025, and up 5.44% year-over-year from $420.9 million in Q1 2025.

United States Natural Gas Fund (UNG) Invested Capital (2010 - 2026) Analysis & Trends

United States Natural Gas Fund has disclosed Invested Capital across 17 years of filings, most recently posting $443.8 million for Q1 2026.

  • Quarterly Invested Capital rose 5.44% year-over-year to $443.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $443.8 million (up 5.44% YoY) and the FY2025 annual result came in at $550.6 million, down 25.97% from the prior year.
  • Invested Capital eased to $443.8 million in Q1 2026, from $550.6 million in the prior quarter.
  • Over five years, Invested Capital peaked at $1.2 billion in Q1 2023 and troughed at $360.5 million in Q2 2025.
  • A 5-year average of $687.8 million and a median of $624.5 million in 2025 frame the typical range for Invested Capital.
  • Annual changes were most pronounced in 2023 — Invested Capital soared 200.16% — and 2025, when it slumped 49.37%.
  • Tracing UNG's Invested Capital over 5 years: stood at $429.3 million in 2022, then surged by 126.83% to $973.9 million in 2023, then fell by 23.62% to $743.8 million in 2024, then decreased by 25.97% to $550.6 million in 2025, then decreased by 19.4% to $443.8 million in 2026.
  • Business Quant data shows UNG's Invested Capital at $443.8 million in Q1 2026, $550.6 million in Q4 2025, and $624.5 million in Q3 2025.

Peer Comparison

Historic Data

Download Data
DateValue
Mar 31, 2026 443.84 Mn
Dec 31, 2025 550.64 Mn
Sep 30, 2025 624.48 Mn
Jun 30, 2025 360.54 Mn
Mar 31, 2025 420.93 Mn
Dec 31, 2024 743.84 Mn
Sep 30, 2024 889.81 Mn
Jun 30, 2024 712.08 Mn
Mar 31, 2024 830.50 Mn
Dec 31, 2023 973.85 Mn
Sep 30, 2023 1.16 Bn
Jun 30, 2023 1.12 Bn
Mar 31, 2023 1.16 Bn
Dec 31, 2022 429.34 Mn
Sep 30, 2022 469.96 Mn
Jun 30, 2022 414.82 Mn
Mar 31, 2022 387.60 Mn
Dec 31, 2021 371.53 Mn
Sep 30, 2021 413.66 Mn
Jun 30, 2021 277.81 Mn