United States 12 Month Oil Fund (USL) Enterprise Value (2010 - 2026)
United States 12 Month Oil Fund's (USL) quarterly Enterprise Value came in at $6.1 million in Q2 2026, little changed on a YoY basis from $6.1 million in Q2 2025, and up 192.63% quarter-over-quarter from $2.1 million in Q1 2026.
Analysis
United States 12 Month Oil Fund (USL) Enterprise Value (2010 - 2026) Analysis & Trends
United States 12 Month Oil Fund (USL) has reported Enterprise Value for 17 consecutive years, with $6.1 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Enterprise Value changed 0.14% year-over-year to $6.1 million; the trailing twelve-month figure through Jun 2026 stood at $6.1 million (changed 0.14% YoY), and the FY2025 full-year result was $8.2 million, down 71.21% from the prior year.
- Enterprise Value rose to $6.1 million in Q2 2026 per USL's latest filing, from $2.1 million in the prior quarter.
- Across five years, Enterprise Value topped out at $62.1 million in Q1 2022 and bottomed at $2.1 million in Q1 2026.
- Historically, Enterprise Value has averaged $29.4 million across 5 years, with a median of $23.6 million in 2024.
- The sharpest annual moves came in 2022 and 2026: Enterprise Value jumped 468.08% in 2022, then sank 82.38% in 2026.
- Over 5 years, Enterprise Value stood at $54.7 million in 2022, then sank by 67.48% to $17.8 million in 2023, then surged by 60.07% to $28.5 million in 2024, then plunged by 71.21% to $8.2 million in 2025, then fell by 26.02% to $6.1 million in 2026.
- According to Business Quant data, Enterprise Value over the past three periods registered $6.1 million, $2.1 million, and $8.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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 12 Month Oil Fund | 58.33 Mn | 23.57 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.07 Mn |
| Mar 31, 2026 | 2.07 Mn |
| Dec 31, 2025 | 8.21 Mn |
| Sep 30, 2025 | 5.55 Mn |
| Jun 30, 2025 | 6.06 Mn |
| Mar 31, 2025 | 11.78 Mn |
| Dec 31, 2024 | 28.50 Mn |
| Sep 30, 2024 | 16.98 Mn |
| Jun 30, 2024 | 21.82 Mn |
| Mar 31, 2024 | 25.38 Mn |
| Dec 31, 2023 | 17.80 Mn |
| Sep 30, 2023 | 53.80 Mn |
| Jun 30, 2023 | 37.51 Mn |
| Mar 31, 2023 | 54.40 Mn |
| Dec 31, 2022 | 54.74 Mn |
| Sep 30, 2022 | 57.91 Mn |
| Jun 30, 2022 | 58.92 Mn |
| Mar 31, 2022 | 62.15 Mn |
| Dec 31, 2021 | 114.46 Mn |
| Sep 30, 2021 | 37.45 Mn |