United States Oil Fund (USO) EV to CFO (2013 - 2026)
United States Oil Fund's EV to CFO was 0.28 in Q2 2026, down 88.9% from 2.51 a year earlier but up 162.2% from the prior quarter.
United States Oil Fund (USO) EV to CFO (2013 - 2026) Analysis & Trends
On a trailing twelve-month basis, United States Oil Fund's EV to CFO was -3.70 through Jun 30, 2026; for FY2024, it was 3.48.
- In earlier years, EV to CFO was 1.85 in FY2022 (+74.6%) and 1.06 in FY2021.
- Quarterly EV to CFO has moved between 0.11 (Q1 2026) and 26.35 (Q1 2023) over five years.
- Compared with a year earlier, EV to CFO was higher in two of the last four quarters, with growth averaging 2.4%.
- The best year-over-year quarter for EV to CFO over five years was Q1 2025 (growth of 166.7%); the worst was Q1 2026 (a decline of 98.6%).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | BlackRock | 165.57 Bn | 111.92 Bn | - |
| 2 | Spdr Gold Trust | 134.78 Bn | -423.22 Bn | - |
| 3 | Blackstone | 85.82 Bn | 80.74 Bn | - |
| 4 | Kkr | 83.68 Bn | 50.16 Bn | - |
| 5 | Brookfield | 82.01 Bn | -83.38 Bn | 4.47 Bn |
| 6 | Brookfield Asset Management | 71.83 Bn | 68.08 Bn | - |
| 7 | Apollo Global Management | 68.53 Bn | 6.22 Bn | 10.56 Bn |
| 8 | Wheaton Precious Metals | 61.44 Bn | 56.87 Bn | 687.86 Mn |
| 9 | Franco Nevada | 47.81 Bn | 45.18 Bn | 451.00 Mn |
| 10 | United States Oil Fund | 2.13 Bn | -2.53 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.28 |
| Mar 31, 2026 | 0.11 |
| Sep 30, 2025 | 3.35 |
| Jun 30, 2025 | 2.51 |
| Mar 31, 2025 | 7.79 |
| Dec 31, 2024 | 3.48 |
| Jun 30, 2024 | 1.93 |
| Mar 31, 2024 | 2.92 |
| Sep 30, 2023 | 10.35 |
| Mar 31, 2023 | 26.35 |
| Dec 31, 2022 | 1.85 |
| Sep 30, 2022 | 0.82 |
| Jun 30, 2022 | 0.63 |
| Mar 31, 2022 | 0.22 |
| Dec 31, 2021 | 1.06 |
| Sep 30, 2021 | 0.62 |
| Jun 30, 2021 | 0.49 |
| Dec 31, 2019 | 2.10 |
| Sep 30, 2018 | 0.67 |
| Jun 30, 2018 | 0.16 |
United States Oil Fund EV to CFO 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=ev-to-cfo&ticker=USO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=USO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();