United States Oil Fund (USO) Equity Ratio (2012 - 2026)
United States Oil Fund's quarterly Equity Ratio came in at 0.96 in Q1 2026, up 4.23% year-on-year from 0.92 in Q1 2025, and down 3.24% quarter-over-quarter from 1.0 in Q4 2025.
United States Oil Fund has reported Equity Ratio for 15 years, with the latest figure at 0.96 in Q1 2026.
- For the quarter ending Q1 2026, Equity Ratio rose 4.23% year-over-year to 0.96; the trailing twelve-month figure through Mar 2026 stood at 0.96 (up 4.23% YoY), and the FY2025 full-year result was 1.0, up 0.6% from the prior year.
- Equity Ratio for Q1 2026 stood at 0.96, down from 1.0 in the prior quarter.
- The five-year high for Equity Ratio was 1.0 in Q3 2023, with the low at 0.92 in Q2 2025.
- Average Equity Ratio over 5 years is 0.97, with a median of 0.98 recorded in 2022.
- Year-over-year, Equity Ratio rose 6.27% in 2023 and retreated 6.59% in 2025.
- Tracing USO's Equity Ratio over 5 years: stood at 1.0 in 2022, then declined by 0.92% to 0.99 in 2023, then increased by 0.24% to 0.99 in 2024, then advanced by 0.6% to 1.0 in 2025, then dropped by 3.24% to 0.96 in 2026.
- The last three Equity Ratio figures came in at 0.96 (Q1 2026), 1.0 (Q4 2025), and 0.98 (Q3 2025), per Business Quant data.
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.96 |
| Dec 31, 2025 | 1.00 |
| Sep 30, 2025 | 0.98 |
| Jun 30, 2025 | 0.92 |
| Mar 31, 2025 | 0.92 |
| Dec 31, 2024 | 0.99 |
| Sep 30, 2024 | 0.95 |
| Jun 30, 2024 | 0.99 |
| Mar 31, 2024 | 0.97 |
| Dec 31, 2023 | 0.99 |
| Sep 30, 2023 | 1.00 |
| Jun 30, 2023 | 1.00 |
| Mar 31, 2023 | 1.00 |
| Dec 31, 2022 | 1.00 |
| Sep 30, 2022 | 0.98 |
| Jun 30, 2022 | 0.96 |
| Mar 31, 2022 | 0.94 |
| Dec 31, 2021 | 1.00 |
| Sep 30, 2021 | 0.96 |
| Jun 30, 2021 | 0.95 |
| Mar 31, 2021 | 0.93 |
| Dec 31, 2020 | 0.98 |
| Sep 30, 2020 | 0.99 |
| Jun 30, 2020 | 0.99 |
| Mar 31, 2020 | 1.00 |
| Dec 31, 2019 | 0.96 |
| Sep 30, 2019 | 0.97 |
| Jun 30, 2019 | 0.89 |
| Mar 31, 2019 | 0.96 |
| Dec 31, 2018 | 0.99 |
| Sep 30, 2018 | 1.00 |
| Jun 30, 2018 | 0.89 |
| Mar 31, 2018 | 0.98 |
| Dec 31, 2017 | 0.94 |
| Sep 30, 2017 | 0.98 |
| Jun 30, 2017 | 0.97 |
| Mar 31, 2017 | 1.00 |
| Dec 31, 2016 | 0.94 |
| Sep 30, 2016 | 0.98 |
| Jun 30, 2016 | 0.99 |
| Mar 31, 2016 | 0.98 |
| Dec 31, 2015 | 0.98 |
| Sep 30, 2015 | 0.99 |
| Jun 30, 2015 | 0.95 |
| Mar 31, 2015 | 0.97 |
| Dec 31, 2014 | 0.98 |
| Sep 30, 2014 | 0.96 |
| Jun 30, 2014 | 1.00 |
| Mar 31, 2014 | 0.92 |
| Dec 31, 2013 | 0.90 |
| Sep 30, 2013 | 1.00 |
| Jun 30, 2013 | 0.91 |
| Mar 31, 2013 | 0.95 |
| Dec 31, 2012 | 0.95 |