United States Oil Fund (USO) Asset Utilization Ratio (2013 - 2026)
United States Oil Fund's (USO) Asset Utilization Ratio stood at 0.61 in Q2 2026, up 103.2% from 0.30 a year earlier but down 1.8% from the prior quarter.
United States Oil Fund (USO) Asset Utilization Ratio (2013 - 2026) Analysis & Trends
For FY2025, United States Oil Fund's Asset Utilization Ratio came in at 0.06, down 67.3% from FY2024.
- Across earlier years, Asset Utilization Ratio came in at 0.17 in FY2024 (+783.2%), 0.02 in FY2023 (-94.7%), 0.37 in FY2022 (-31.2%) and 0.53 in FY2021 (-29.9%).
- Quarterly Asset Utilization Ratio has ranged from 0.21 in Q4 2025 to 0.84 in Q4 2022 over the past five years.
- On a year-over-year basis, Asset Utilization Ratio rose in three of the last eight quarters, with growth averaging 3.8%.
- Peak year-over-year performance for Asset Utilization Ratio in the last five years was growth of 127.1% in Q1 2026, against a decline of 56.5% in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.63 (Q1 2026), 0.21 (Q4 2025) and 0.22 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 165.57 Bn | 111.92 Bn | - | 0.16 |
| 2 | Spdr Gold Trust | 134.78 Bn | -423.22 Bn | - | - |
| 3 | Blackstone | 85.82 Bn | 80.74 Bn | - | 0.33 |
| 4 | Kkr | 83.68 Bn | 50.16 Bn | - | 0.05 |
| 5 | Brookfield | 82.01 Bn | -83.38 Bn | 4.47 Bn | 0.29 |
| 6 | Brookfield Asset Management | 71.83 Bn | 68.08 Bn | - | 0.30 |
| 7 | Apollo Global Management | 68.53 Bn | 6.22 Bn | 10.56 Bn | 0.07 |
| 8 | Wheaton Precious Metals | 61.44 Bn | 56.87 Bn | 687.86 Mn | 0.30 |
| 9 | Franco Nevada | 47.81 Bn | 45.18 Bn | 451.00 Mn | 0.26 |
| 10 | United States Oil Fund | 2.13 Bn | -2.53 Bn | - | 0.61 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.61 |
| Mar 31, 2026 | 0.63 |
| Dec 31, 2025 | 0.21 |
| Sep 30, 2025 | 0.22 |
| Jun 30, 2025 | 0.30 |
| Mar 31, 2025 | 0.28 |
| Dec 31, 2024 | 0.40 |
| Sep 30, 2024 | 0.51 |
| Jun 30, 2024 | 0.67 |
| Mar 31, 2024 | 0.61 |
| Dec 31, 2023 | 0.48 |
| Sep 30, 2023 | 0.40 |
| Jun 30, 2023 | 0.43 |
| Mar 31, 2023 | 0.51 |
| Dec 31, 2022 | 0.84 |
| Sep 30, 2022 | 0.68 |
| Jun 30, 2022 | 0.42 |
| Mar 31, 2022 | 0.59 |
| Dec 31, 2021 | 0.64 |
| Sep 30, 2021 | 0.70 |
United States Oil Fund Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=USO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "USO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=USO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();