United States Oil Fund (USO) EV to FCF (2013 - 2026)
United States Oil Fund's (USO) EV to FCF stood at 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 FCF (2013 - 2026) Analysis & Trends
On a TTM basis, United States Oil Fund's EV to FCF came in at -3.70 as of Jun 30, 2026; for FY2024, it was 3.48.
- Across earlier years, EV to FCF came in at 1.85 in FY2022 (+74.6%) and 1.06 in FY2021.
- Quarterly EV to FCF has ranged from 0.11 in Q1 2026 to 26.35 in Q1 2023 over the past five years.
- On a year-over-year basis, EV to FCF rose in two of the last four quarters, with growth averaging 2.4%.
- Peak year-over-year performance for EV to FCF in the last five years was growth of 166.7% in Q1 2025, against a decline of 98.6% in Q1 2026 at the low end.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | BlackRock | 164.03 Bn | 110.39 Bn | - |
| 2 | Spdr Gold Trust | 134.08 Bn | -423.92 Bn | - |
| 3 | Blackstone | 84.38 Bn | 79.31 Bn | - |
| 4 | Brookfield | 81.99 Bn | -83.40 Bn | 4.47 Bn |
| 5 | Kkr | 81.98 Bn | 48.46 Bn | - |
| 6 | Brookfield Asset Management | 71.20 Bn | 67.45 Bn | - |
| 7 | Apollo Global Management | 66.86 Bn | 4.54 Bn | 10.56 Bn |
| 8 | Wheaton Precious Metals | 60.68 Bn | 56.11 Bn | 687.86 Mn |
| 9 | Franco Nevada | 45.90 Bn | 43.27 Bn | 451.00 Mn |
| 10 | United States Oil Fund | 2.16 Bn | -2.50 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 FCF 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-fcf&ticker=USO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=USO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();