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

United States 12 Month Oil Fund (USL) has reported FCF Margin for 15 consecutive years, with 329.66% the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, FCF Margin rose 37967.0% year-over-year to 329.66%; the trailing twelve-month figure through Jun 2026 stood at 53.95% (up 6595.0% YoY), and the FY2025 full-year result was 59.86%, down 12276.0% from the prior year.
• FCF Margin advanced to 329.66% in Q2 2026 per USL's latest filing, from 43.61% in the prior quarter.
• Across five years, FCF Margin topped out at 329.66% in Q2 2026 and bottomed at 153.12% in Q2 2023.
• Historically, FCF Margin has averaged 25.54% across 5 years, with a median of 9.01% in 2024.
• The sharpest annual moves came in 2024 and 2025: FCF Margin surged 39691 bps in 2024, then tumbled 29380 bps in 2025.
• Over 5 years, FCF Margin stood at 25.55% in 2022, then slumped by 101 bps to 0.3% in 2023, then tumbled by 3782 bps to 11.64% in 2024, then tumbled by 265 bps to 42.52% in 2025, then jumped by 875 bps to 329.66% in 2026.
• According to Business Quant data, FCF Margin over the past three periods registered 329.66%, 43.61%, and 42.52% for Q2 2026, Q1 2026, and Q4 2025 respectively.