United States 12 Month Oil Fund USL
NYSE USL
$54.61 +1.13 (+2.11%)
As of: Sep 8, 2026 · 3:44 PM EDT

United States 12 Month Oil Fund (USL) Price to Sales (2010 - 2026)

United States 12 Month Oil Fund's (USL) quarterly Price to Sales came in at 23.54 in Q2 2026, up 117.06% on a YoY basis from 10.85 in Q2 2025, and up 620.87% quarter-over-quarter from 3.27 in Q1 2026.

Analysis

United States 12 Month Oil Fund (USL) Price to Sales (2010 - 2026) Analysis & Trends

United States 12 Month Oil Fund (USL) has reported Price to Sales for 17 consecutive years, with 23.54 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Price to Sales rose 117.06% year-over-year to 23.54; the trailing twelve-month figure through Jun 2026 stood at 1.89 (down 35.89% YoY), and the FY2025 full-year result was 7.5, down 29.51% from the prior year.
  • Price to Sales rose to 23.54 in Q2 2026 per USL's latest filing, from 3.27 in the prior quarter.
  • Across five years, Price to Sales topped out at 99.65 in Q1 2025 and bottomed at 3.27 in Q1 2026.
  • Historically, Price to Sales has averaged 24.33 across 5 years, with a median of 13.53 in 2022.
  • The sharpest annual moves came in 2025 and 2026: Price to Sales surged 1215.76% in 2025, then tumbled 96.72% in 2026.
  • Over 5 years, Price to Sales stood at 14.07 in 2022, then slumped by 53.61% to 6.53 in 2023, then soared by 199.29% to 19.53 in 2024, then slipped by 14.9% to 16.62 in 2025, then jumped by 41.64% to 23.54 in 2026.
  • According to Business Quant data, Price to Sales over the past three periods registered 23.54, 3.27, and 16.62 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

Historic Data

Download Data
DateValue
Jun 30, 2026 23.54
Mar 31, 2026 3.27
Dec 31, 2025 16.62
Sep 30, 2025 82.40
Jun 30, 2025 10.85
Mar 31, 2025 99.65
Dec 31, 2024 19.53
Sep 30, 2024 7.86
Jun 30, 2024 61.29
Mar 31, 2024 7.57
Dec 31, 2023 6.53
Sep 30, 2023 5.12
Jun 30, 2023 37.44
Mar 31, 2023 20.95
Dec 31, 2022 14.07
Sep 30, 2022 4.39
Jun 30, 2022 12.99
Mar 31, 2022 3.92
Dec 31, 2021 47.12
Sep 30, 2021 19.35