United States Natural Gas Fund (UNG) Liabilities and Shareholders Equity (2012 - 2026)
United States Natural Gas Fund (UNG) recorded quarterly Liabilities and Shareholders Equity of $421.7 million in Q2 2026, down 7.07% on a QoQ basis from $453.7 million in Q1 2026, and up 12.24% YoY from $375.7 million in Q2 2025.
Analysis
United States Natural Gas Fund (UNG) Liabilities and Shareholders Equity (2012 - 2026) Analysis & Trends
United States Natural Gas Fund (UNG) has reported Liabilities and Shareholders Equity for 15 consecutive years, with $421.7 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Liabilities and Shareholders Equity rose 12.24% year-over-year to $421.7 million; the trailing twelve-month figure through Jun 2026 stood at $2.1 billion (down 17.26% YoY), and the FY2025 full-year result was $579.5 million, down 26.65% from the prior year.
- Liabilities and Shareholders Equity was $421.7 million for Q2 2026 at United States Natural Gas Fund, down from $453.7 million in the prior quarter.
- The five-year high for Liabilities and Shareholders Equity was $1.2 billion in Q1 2023, with the low at $375.7 million in Q2 2025.
- Historically, Liabilities and Shareholders Equity has averaged $689.9 million across 5 years, with a median of $615.1 million in 2025.
- Annual changes were most pronounced in 2023 — Liabilities and Shareholders Equity soared 189.16% — and 2025, when it sank 47.49%.
- Tracing UNG's Liabilities and Shareholders Equity over 5 years: stood at $430.7 million in 2022, then jumped by 129.35% to $987.8 million in 2023, then dropped by 20.02% to $790.0 million in 2024, then retreated by 26.65% to $579.5 million in 2025, then slipped by 27.23% to $421.7 million in 2026.
- Per Business Quant data, the three most recent Liabilities and Shareholders Equity figures were $421.7 million in Q2 2026, $453.7 million in Q1 2026, and $579.5 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Liabilities and Shareholders Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 169.89 Bn | 156.02 Bn | - | 175.88 Bn |
| 2 | Spdr Gold Trust | 144.81 Bn | -413.20 Bn | - | 46.13 Bn |
| 3 | Ishares Gold Trust | 30.30 Bn | -29.81 Bn | - | - |
| 4 | World Gold Trust | 29.28 Bn | -73.79 Bn | - | 27.30 Bn |
| 5 | Principal Financial | 24.84 Bn | -28.13 Bn | 1.91 Bn | 352.75 Bn |
| 6 | iShares Silver Trust | 22.15 Bn | -6.05 Bn | - | - |
| 7 | Franklin Resources | 17.84 Bn | 14.12 Bn | - | 36.24 Bn |
| 8 | Invesco | 14.63 Bn | 13.72 Bn | 1.79 Bn | 27.47 Bn |
| 9 | Affiliated Managers | 9.51 Bn | 9.10 Bn | - | 9.40 Bn |
| 10 | United States Natural Gas Fund | 445.85 Mn | 158.25 Mn | - | 421.67 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 421.67 Mn |
| Mar 31, 2026 | 453.74 Mn |
| Dec 31, 2025 | 579.49 Mn |
| Sep 30, 2025 | 650.65 Mn |
| Jun 30, 2025 | 375.68 Mn |
| Mar 31, 2025 | 446.35 Mn |
| Dec 31, 2024 | 790.02 Mn |
| Sep 30, 2024 | 932.63 Mn |
| Jun 30, 2024 | 715.43 Mn |
| Mar 31, 2024 | 840.54 Mn |
| Dec 31, 2023 | 987.76 Mn |
| Sep 30, 2023 | 1.16 Bn |
| Jun 30, 2023 | 1.13 Bn |
| Mar 31, 2023 | 1.20 Bn |
| Dec 31, 2022 | 430.68 Mn |
| Sep 30, 2022 | 470.94 Mn |
| Jun 30, 2022 | 419.10 Mn |
| Mar 31, 2022 | 415.12 Mn |
| Dec 31, 2021 | 377.06 Mn |
| Sep 30, 2021 | 414.49 Mn |