United States Oil Fund USO
NYSE USO
$145.99 +4.03 (+2.84%)
As of: Sep 8, 2026 · 3:59 PM EDT

United States Oil Fund (USO) EV to FCF (2012 - 2026)

United States Oil Fund's (USO) quarterly EV to FCF came in at 0.84 in Q2 2026, down 73.49% year-over-year from 3.16 in Q2 2025, and up 749.92% quarter-over-quarter from 0.1 in Q1 2026.

Analysis

United States Oil Fund (USO) EV to FCF (2012 - 2026) Analysis & Trends

United States Oil Fund (USO) has reported EV to FCF for 15 consecutive years, with 0.84 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, EV to FCF fell 73.49% year-over-year to 0.84 in Q2 2026; TTM through Jun 2026 was 0.28, a 88.89% decrease from a year earlier, with the FY2025 full-year figure at 17.07, down 590.2% from the prior year.
  • EV to FCF was 0.84 for Q2 2026 at United States Oil Fund, up from 0.1 in the prior quarter.
  • Over five years, EV to FCF peaked at 20.08 in Q2 2024 and troughed at 30.17 in Q1 2023.
  • A 5-year average of 1.26 and a median of 0.3 in 2022 frame the typical range for EV to FCF.
  • Across the five-year window, EV to FCF sank 6118.81% in 2023 and soared 555.6% in 2024, its largest moves.
  • Over 5 years, EV to FCF stood at 13.64 in 2022, then jumped by 81.74% to 2.49 in 2023, then surged by 555.6% to 11.35 in 2024, then slumped by 165.74% to 7.46 in 2025, then soared by 111.23% to 0.84 in 2026.
  • The last three EV to FCF figures came in at 0.84 (Q2 2026), 0.1 (Q1 2026), and 7.46 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 BlackRock 169.89 Bn 156.02 Bn -
2 Spdr Gold Trust 144.81 Bn -413.20 Bn -
3 Ishares Gold Trust 30.30 Bn -29.81 Bn -
4 World Gold Trust 29.28 Bn -73.79 Bn -
5 Principal Financial 24.84 Bn -28.13 Bn 1.91 Bn
6 iShares Silver Trust 22.15 Bn -6.05 Bn -
7 Franklin Resources 17.84 Bn 14.12 Bn -
8 Invesco 14.63 Bn 13.72 Bn 1.79 Bn
9 Affiliated Managers 9.51 Bn 9.10 Bn -
10 United States Oil Fund 2.15 Bn 800.11 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.84
Mar 31, 2026 0.10
Dec 31, 2025 -7.46
Sep 30, 2025 -10.04
Jun 30, 2025 3.16
Mar 31, 2025 9.69
Dec 31, 2024 11.35
Sep 30, 2024 -1.07
Jun 30, 2024 20.08
Mar 31, 2024 3.24
Dec 31, 2023 -2.49
Sep 30, 2023 3.69
Jun 30, 2023 -7.38
Mar 31, 2023 -30.17
Dec 31, 2022 -13.64
Sep 30, 2022 -5.88
Jun 30, 2022 2.83
Mar 31, 2022 0.50
Dec 31, 2021 9.23
Sep 30, 2021 5.64