United States 12 Month Natural Gas Fund (UNL) FCF Margin (2013 - 2026)

United States 12 Month Natural Gas Fund's FCF Margin history runs 14 years deep, the most recent figure standing at 64232.74% for Q1 2026.

• Quarterly FCF Margin fell 19233549.0% year-over-year to 64232.74% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 55.39% (down 13873.0% YoY) and the FY2025 annual result came in at 265.21%, up 94886.0% from the prior year.
• FCF Margin was 64232.74% for Q1 2026 at United States 12 Month Natural Gas Fund, down from 12.46% in the prior quarter.
• Across five years, FCF Margin topped out at 128102.75% in Q1 2025 and bottomed at 64232.74% in Q1 2026.
• A 5-year average of 3544.29% and a median of 57.34% in 2025 frame the typical range for FCF Margin.
• Annual changes were most pronounced in 2025 — FCF Margin jumped 12831082 bps — and 2026, when it sank 19233549 bps.
• United States 12 Month Natural Gas Fund's FCF Margin stood at 28.64% in 2022, then plunged by 108 bps to 59.61% in 2023, then sank by 39 bps to 82.56% in 2024, then soared by 85 bps to 12.46% in 2025, then sank by 515418 bps to 64232.74% in 2026.
• Business Quant data shows UNL's FCF Margin at 64232.74% in Q1 2026, 12.46% in Q4 2025, and 9.99% in Q3 2025.