United States Oil Fund (USO) Common Equity (2010 - 2026)
United States Oil Fund's (USO) quarterly Common Equity came in at $1.8 billion in Q2 2026, up 55.22% year-over-year from $1.1 billion in Q2 2025, and down 33.69% quarter-over-quarter from $2.6 billion in Q1 2026.
Analysis
United States Oil Fund (USO) Common Equity (2010 - 2026) Analysis & Trends
United States Oil Fund (USO) has reported Common Equity for 17 consecutive years, with $1.8 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Common Equity rose 55.22% year-over-year to $1.8 billion in Q2 2026; TTM through Jun 2026 was $1.8 billion, a 55.22% increase from a year earlier, with the FY2025 full-year figure at $886.1 million, down 18.58% from the prior year.
- Common Equity was $1.8 billion for Q2 2026 at United States Oil Fund, down from $2.6 billion in the prior quarter.
- Over five years, Common Equity peaked at $3.2 billion in Q1 2022 and troughed at $884.7 million in Q3 2025.
- A 5-year average of $1.6 billion and a median of $1.5 billion in 2023 frame the typical range for Common Equity.
- Across the five-year window, Common Equity sank 49.27% in 2023 and soared 170.84% in 2026, its largest moves.
- Over 5 years, Common Equity stood at $2.0 billion in 2022, then declined by 20.72% to $1.6 billion in 2023, then tumbled by 30.57% to $1.1 billion in 2024, then dropped by 18.58% to $886.1 million in 2025, then surged by 97.92% to $1.8 billion in 2026.
- The last three Common Equity figures came in at $1.8 billion (Q2 2026), $2.6 billion (Q1 2026), and $886.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 169.89 Bn | 156.02 Bn | - | 57.84 Bn |
| 2 | Spdr Gold Trust | 144.81 Bn | -413.20 Bn | - | 130.05 Bn |
| 3 | Ishares Gold Trust | 30.30 Bn | -29.81 Bn | - | 60.09 Bn |
| 4 | World Gold Trust | 29.28 Bn | -73.79 Bn | - | 27.26 Bn |
| 5 | Principal Financial | 24.84 Bn | -28.13 Bn | 1.91 Bn | 12.18 Bn |
| 6 | iShares Silver Trust | 22.15 Bn | -6.05 Bn | - | 28.19 Bn |
| 7 | Franklin Resources | 17.84 Bn | 14.12 Bn | - | 12.92 Bn |
| 8 | Invesco | 14.63 Bn | 13.72 Bn | 1.79 Bn | 13.11 Bn |
| 9 | Affiliated Managers | 9.51 Bn | 9.10 Bn | - | 8.31 Bn |
| 10 | United States Oil Fund | 2.15 Bn | 800.11 Mn | - | 1.75 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.75 Bn |
| Mar 31, 2026 | 2.64 Bn |
| Dec 31, 2025 | 886.08 Mn |
| Sep 30, 2025 | 884.67 Mn |
| Jun 30, 2025 | 1.13 Bn |
| Mar 31, 2025 | 976.45 Mn |
| Dec 31, 2024 | 1.09 Bn |
| Sep 30, 2024 | 1.34 Bn |
| Jun 30, 2024 | 1.26 Bn |
| Mar 31, 2024 | 1.42 Bn |
| Dec 31, 2023 | 1.57 Bn |
| Sep 30, 2023 | 1.53 Bn |
| Jun 30, 2023 | 1.58 Bn |
| Mar 31, 2023 | 1.63 Bn |
| Dec 31, 2022 | 1.98 Bn |
| Sep 30, 2022 | 1.95 Bn |
| Jun 30, 2022 | 2.65 Bn |
| Mar 31, 2022 | 3.21 Bn |
| Dec 31, 2021 | 2.37 Bn |
| Sep 30, 2021 | 2.61 Bn |