United States Natural Gas Fund (UNG) Price to FCF (2012 - 2026)
United States Natural Gas Fund (UNG) recorded quarterly Price to FCF of 59.58 in Q2 2026, down 1362.41% on a QoQ basis from 4.72 in Q1 2026, and down 1457.21% YoY from 4.39 in Q2 2025.
Analysis
United States Natural Gas Fund (UNG) Price to FCF (2012 - 2026) Analysis & Trends
United States Natural Gas Fund (UNG) has reported Price to FCF for 15 consecutive years, with 59.58 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Price to FCF fell 1457.21% year-over-year to 59.58; the trailing twelve-month figure through Jun 2026 stood at 14.19 (up 270.56% YoY), and the FY2025 full-year result was 3.43, down 81.37% from the prior year.
- Price to FCF was 59.58 for Q2 2026 at United States Natural Gas Fund, down from 4.72 in the prior quarter.
- The five-year high for Price to FCF was 51.12 in Q3 2023, with the low at 59.58 in Q2 2026.
- Historically, Price to FCF has averaged 0.25 across 5 years, with a median of 0.54 in 2023.
- Annual changes were most pronounced in 2023 — Price to FCF soared 798.28% — and 2026, when it plunged 1457.21%.
- Tracing UNG's Price to FCF over 5 years: stood at 2.02 in 2022, then slipped by 18.22% to 2.39 in 2023, then soared by 523.62% to 10.13 in 2024, then increased by 25.42% to 12.71 in 2025, then sank by 568.84% to 59.58 in 2026.
- Per Business Quant data, the three most recent Price to FCF figures were 59.58 in Q2 2026, 4.72 in Q1 2026, and 12.71 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | BlackRock | 169.89 Bn | 156.02 Bn | - |
| 2 | Spdr Gold Trust | 144.81 Bn | -413.20 Bn | - |
| 3 | Ishares Gold Trust | 30.30 Bn | -29.81 Bn | - |
| 4 | World Gold Trust | 29.28 Bn | -73.79 Bn | - |
| 5 | Principal Financial | 24.84 Bn | -28.13 Bn | 1.91 Bn |
| 6 | iShares Silver Trust | 22.15 Bn | -6.05 Bn | - |
| 7 | Franklin Resources | 17.84 Bn | 14.12 Bn | - |
| 8 | Invesco | 14.63 Bn | 13.72 Bn | 1.79 Bn |
| 9 | Affiliated Managers | 9.51 Bn | 9.10 Bn | - |
| 10 | United States Natural Gas Fund | 445.85 Mn | 158.25 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -59.58 |
| Mar 31, 2026 | 4.72 |
| Dec 31, 2025 | 12.71 |
| Sep 30, 2025 | -5.71 |
| Jun 30, 2025 | -3.83 |
| Mar 31, 2025 | 2.59 |
| Dec 31, 2024 | 10.13 |
| Sep 30, 2024 | -5.87 |
| Jun 30, 2024 | 3.60 |
| Mar 31, 2024 | -7.50 |
| Dec 31, 2023 | -2.39 |
| Sep 30, 2023 | 51.12 |
| Jun 30, 2023 | -12.87 |
| Mar 31, 2023 | -1.51 |
| Dec 31, 2022 | -2.02 |
| Sep 30, 2022 | 5.69 |
| Jun 30, 2022 | 3.41 |
| Mar 31, 2022 | 2.75 |
| Dec 31, 2021 | -1.79 |
| Sep 30, 2021 | 3.05 |