United States Oil Fund (USO) Cash from Operations (2012 - 2026)
United States Oil Fund (USO) reported Cash from Operations of $277.16 million for Q2 2026, up 811.3% from $30.41 million a year earlier but down 56.1% from the prior quarter.
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Analysis
United States Oil Fund (USO) Cash from Operations (2012 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, United States Oil Fund's Cash from Operations came in at $831.58 million; for FY2025, it was -$21.87 million.
- By year, Cash from Operations came in at $175.74 million in FY2024, -$12.79 million in FY2023, $871.86 million in FY2022 (-53.3%) and $1.87 billion in FY2021.
- Five-year quarterly Cash from Operations spans a low of -$232.1 million in Q4 2023 and a high of $804.58 million in Q1 2022.
- Per Business Quant data, the three quarters before Q2 2026 came in at $631.81 million (Q1 2026), -$50.04 million (Q4 2025) and -$27.35 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 164.03 Bn | 110.39 Bn | - | 1.23 Bn |
| 2 | Spdr Gold Trust | 134.08 Bn | -423.92 Bn | - | - |
| 3 | Blackstone | 84.38 Bn | 79.31 Bn | - | 1.94 Bn |
| 4 | Brookfield | 81.99 Bn | -83.40 Bn | 4.47 Bn | - |
| 5 | Kkr | 81.98 Bn | 48.46 Bn | - | 3.25 Bn |
| 6 | Brookfield Asset Management | 71.20 Bn | 67.45 Bn | - | 545.00 Mn |
| 7 | Apollo Global Management | 66.86 Bn | 4.54 Bn | 10.56 Bn | 2.88 Bn |
| 8 | Wheaton Precious Metals | 60.68 Bn | 56.11 Bn | 687.86 Mn | 649.52 Mn |
| 9 | Franco Nevada | 45.90 Bn | 43.27 Bn | 451.00 Mn | 482.50 Mn |
| 10 | United States Oil Fund | 2.16 Bn | -2.50 Bn | - | 277.16 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 277.16 Mn |
| Mar 31, 2026 | 631.81 Mn |
| Dec 31, 2025 | -50.04 Mn |
| Sep 30, 2025 | -27.35 Mn |
| Jun 30, 2025 | 30.41 Mn |
| Mar 31, 2025 | 25.11 Mn |
| Dec 31, 2024 | 53.93 Mn |
| Sep 30, 2024 | -71.20 Mn |
| Jun 30, 2024 | 23.40 Mn |
| Mar 31, 2024 | 169.61 Mn |
| Dec 31, 2023 | -232.10 Mn |
| Sep 30, 2023 | 282.92 Mn |
| Jun 30, 2023 | -32.24 Mn |
| Mar 31, 2023 | -31.37 Mn |
| Dec 31, 2022 | -118.57 Mn |
| Sep 30, 2022 | -168.47 Mn |
| Jun 30, 2022 | 354.33 Mn |
| Mar 31, 2022 | 804.58 Mn |
| Dec 31, 2021 | 214.87 Mn |
| Sep 30, 2021 | 212.43 Mn |
API Access
United States Oil Fund Cash from Operations 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=cash-from-operations&ticker=USO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "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=cash-from-operations&ticker=USO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();