United States 12 Month Natural Gas Fund (UNL) FCF Margin (2013 - 2026)
United States 12 Month Natural Gas Fund's (UNL) quarterly FCF Margin came in at 64232.74% in Q1 2026, down 19233549.0% YoY from N/an in Q1 2025, and down 515418.06% on a QoQ basis from 12.46% in Q4 2025.
United States 12 Month Natural Gas Fund (UNL) FCF Margin (2013 - 2026) Analysis & Trends
United States 12 Month Natural Gas Fund (UNL) has 14 years of FCF Margin data on file, last reported at 64232.74% in 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 slipped to 64232.74% in Q1 2026, from 12.46% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 128102.75% in Q1 2025 to a low of 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 slumped 19233549 bps.
- Tracing UNL's FCF Margin over 5 years: stood at 28.64% in 2022, then slumped by 108 bps to 59.61% in 2023, then tumbled by 39 bps to 82.56% in 2024, then jumped by 85 bps to 12.46% in 2025, then tumbled by 515418 bps to 64232.74% in 2026.
- The last three FCF Margin figures came in at 64232.74% (Q1 2026), 12.46% (Q4 2025), and 9.99% (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -110.75% |
| Mar 31, 2026 | -64,232.74% |
| Dec 31, 2025 | -12.46% |
| Sep 30, 2025 | -9.99% |
| Jun 30, 2025 | -57.34% |
| Mar 31, 2025 | 128,102.75% |
| Dec 31, 2024 | -82.56% |
| Sep 30, 2024 | -267.24% |
| Jun 30, 2024 | 8.84% |
| Mar 31, 2024 | -208.07% |
| Dec 31, 2023 | -59.61% |
| Sep 30, 2023 | -332.16% |
| Jun 30, 2023 | -2,619.74% |
| Mar 31, 2023 | -105.74% |
| Dec 31, 2022 | -28.64% |
| Sep 30, 2022 | 53.96% |
| Jun 30, 2022 | 18.78% |
| Mar 31, 2022 | 84.81% |
| Dec 31, 2021 | -59.98% |
| Sep 30, 2021 | 79.56% |