United States 12 Month Oil Fund (USL) EV to FCF (2012 - 2026)

United States 12 Month Oil Fund (USL) has reported EV to FCF for 15 consecutive years, with 1.06 the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, EV to FCF rose 134.03% year-over-year to 1.06; the trailing twelve-month figure through Jun 2026 stood at 0.52 (up 114.74% YoY), and the FY2025 full-year result was 2.57, down 132.2% from the prior year.
• EV to FCF climbed to 1.06 in Q2 2026 per USL's latest filing, from 0.28 in the prior quarter.
• Across five years, EV to FCF topped out at 181.85 in Q2 2022 and bottomed at 613.0 in Q4 2023.
• Historically, EV to FCF has averaged 21.61 across 5 years, with a median of 1.25 in 2022.
• The sharpest annual moves came in 2022 and 2023: EV to FCF soared 20284.36% in 2022, then tumbled 2617.52% in 2023.
• Over 5 years, EV to FCF stood at 24.35 in 2022, then plunged by 2617.52% to 613.0 in 2023, then jumped by 87.08% to 79.19 in 2024, then soared by 89.87% to 8.02 in 2025, then jumped by 113.23% to 1.06 in 2026.
• According to Business Quant data, EV to FCF over the past three periods registered 1.06, 0.28, and 8.02 for Q2 2026, Q1 2026, and Q4 2025 respectively.