United States Oil Fund (USO) Enterprise Value (2009 - 2026)
United States Oil Fund's Enterprise Value came in at $232.09 million for Q2 2026, up 141.6% from $96.05 million a year earlier and up 272.8% from the prior quarter.
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Analysis
United States Oil Fund (USO) Enterprise Value (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, United States Oil Fund reported Enterprise Value of -$3.08 billion; for FY2025, it was $373.33 million, down 39.0% from FY2024.
- Enterprise Value carries a five-year compound annual growth rate of -20.8% (FY2020 to FY2025).
- Going back by year, Enterprise Value was $612 million in FY2024 (+5.9%), $578.12 million in FY2023 (-64.3%), $1.62 billion in FY2022 (-18.5%) and $1.98 billion in FY2021 (+65.4%).
- The five-year range for quarterly Enterprise Value is $62.25 million (Q1 2026) to $1.98 billion (Q4 2021).
- Year-over-year, Enterprise Value increased in three of the last eight quarters, with growth averaging 8.5%.
- The fastest year-over-year change in Enterprise Value over five years came in Q3 2025 (growth of 262.2%), and the weakest in Q3 2024 (a decline of 92.7%).
- Business Quant data shows USO's Enterprise Value at $62.25 million (Q1 2026), $373.33 million (Q4 2025) and $274.68 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | BlackRock | 166.01 Bn | 112.36 Bn | - |
| 2 | Spdr Gold Trust | 133.03 Bn | -424.98 Bn | - |
| 3 | Blackstone | 86.20 Bn | 81.13 Bn | - |
| 4 | Kkr | 83.71 Bn | 50.19 Bn | - |
| 5 | Brookfield | 81.54 Bn | -83.85 Bn | 4.47 Bn |
| 6 | Brookfield Asset Management | 71.09 Bn | 67.34 Bn | - |
| 7 | Apollo Global Management | 68.54 Bn | 6.22 Bn | 10.56 Bn |
| 8 | Wheaton Precious Metals | 61.57 Bn | 57.00 Bn | 687.86 Mn |
| 9 | Franco Nevada | 47.40 Bn | 44.76 Bn | 451.00 Mn |
| 10 | United States Oil Fund | 2.22 Bn | -2.43 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 232.09 Mn |
| Mar 31, 2026 | 62.25 Mn |
| Dec 31, 2025 | 373.33 Mn |
| Sep 30, 2025 | 274.68 Mn |
| Jun 30, 2025 | 96.05 Mn |
| Mar 31, 2025 | 243.19 Mn |
| Dec 31, 2024 | 612.00 Mn |
| Sep 30, 2024 | 75.84 Mn |
| Jun 30, 2024 | 469.93 Mn |
| Mar 31, 2024 | 549.30 Mn |
| Dec 31, 2023 | 578.12 Mn |
| Sep 30, 2023 | 1.04 Bn |
| Jun 30, 2023 | 237.96 Mn |
| Mar 31, 2023 | 946.39 Mn |
| Dec 31, 2022 | 1.62 Bn |
| Sep 30, 2022 | 989.86 Mn |
| Jun 30, 2022 | 1.00 Bn |
| Mar 31, 2022 | 403.31 Mn |
| Dec 31, 2021 | 1.98 Bn |
| Sep 30, 2021 | 1.20 Bn |
API Access
United States Oil Fund Enterprise Value 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=enterprise-value&ticker=USO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "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=enterprise-value&ticker=USO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();