United States 12 Month Oil Fund (USL) Liabilities and Shareholders Equity (2012 - 2026)
United States 12 Month Oil Fund's (USL) quarterly Liabilities and Shareholders Equity came in at $40.7 million in Q2 2026, down 3.98% on a YoY basis from $42.4 million in Q2 2025, and down 37.85% quarter-over-quarter from $65.5 million in Q1 2026.
Analysis
United States 12 Month Oil Fund (USL) Liabilities and Shareholders Equity (2012 - 2026) Analysis & Trends
United States 12 Month Oil Fund (USL) has reported Liabilities and Shareholders Equity for 15 consecutive years, with $40.7 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Liabilities and Shareholders Equity fell 3.98% year-over-year to $40.7 million; the trailing twelve-month figure through Jun 2026 stood at $184.0 million (down 5.17% YoY), and the FY2025 full-year result was $36.8 million, down 25.83% from the prior year.
- Liabilities and Shareholders Equity retreated to $40.7 million in Q2 2026 per USL's latest filing, from $65.5 million in the prior quarter.
- Across five years, Liabilities and Shareholders Equity topped out at $169.7 million in Q1 2022 and bottomed at $36.8 million in Q4 2025.
- Historically, Liabilities and Shareholders Equity has averaged $72.6 million across 5 years, with a median of $65.2 million in 2024.
- The sharpest annual moves came in 2023 and 2026: Liabilities and Shareholders Equity sank 51.07% in 2023, then soared 36.55% in 2026.
- Over 5 years, Liabilities and Shareholders Equity stood at $87.2 million in 2022, then slipped by 23.0% to $67.2 million in 2023, then retreated by 26.1% to $49.6 million in 2024, then retreated by 25.83% to $36.8 million in 2025, then gained by 10.51% to $40.7 million in 2026.
- According to Business Quant data, Liabilities and Shareholders Equity over the past three periods registered $40.7 million, $65.5 million, and $36.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Liabilities and Shareholders Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 169.89 Bn | 156.02 Bn | - | 175.88 Bn |
| 2 | Spdr Gold Trust | 144.81 Bn | -413.20 Bn | - | 46.13 Bn |
| 3 | Ishares Gold Trust | 30.30 Bn | -29.81 Bn | - | - |
| 4 | World Gold Trust | 29.28 Bn | -73.79 Bn | - | 27.30 Bn |
| 5 | Principal Financial | 24.84 Bn | -28.13 Bn | 1.91 Bn | 352.75 Bn |
| 6 | iShares Silver Trust | 22.15 Bn | -6.05 Bn | - | - |
| 7 | Franklin Resources | 17.84 Bn | 14.12 Bn | - | 36.24 Bn |
| 8 | Invesco | 14.63 Bn | 13.72 Bn | 1.79 Bn | 27.47 Bn |
| 9 | Affiliated Managers | 9.51 Bn | 9.10 Bn | - | 9.40 Bn |
| 10 | United States 12 Month Oil Fund | 58.33 Mn | 23.57 Mn | - | 40.68 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 40.68 Mn |
| Mar 31, 2026 | 65.46 Mn |
| Dec 31, 2025 | 36.82 Mn |
| Sep 30, 2025 | 40.99 Mn |
| Jun 30, 2025 | 42.37 Mn |
| Mar 31, 2025 | 47.94 Mn |
| Dec 31, 2024 | 49.64 Mn |
| Sep 30, 2024 | 54.04 Mn |
| Jun 30, 2024 | 64.98 Mn |
| Mar 31, 2024 | 64.14 Mn |
| Dec 31, 2023 | 67.16 Mn |
| Sep 30, 2023 | 77.37 Mn |
| Jun 30, 2023 | 73.76 Mn |
| Mar 31, 2023 | 83.01 Mn |
| Dec 31, 2022 | 87.22 Mn |
| Sep 30, 2022 | 97.72 Mn |
| Jun 30, 2022 | 143.25 Mn |
| Mar 31, 2022 | 169.66 Mn |
| Dec 31, 2021 | 149.23 Mn |
| Sep 30, 2021 | 171.12 Mn |