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) FCF Margin (2013 - 2026)

United States Oil Fund's (USO) quarterly FCF Margin came in at 76.56% in Q2 2026, up 3363.0% year-over-year from 2.21% in Q2 2025, and up 19.53% quarter-over-quarter from 64.05% in Q1 2026.

Analysis

United States Oil Fund (USO) FCF Margin (2013 - 2026) Analysis & Trends

United States Oil Fund (USO) has reported FCF Margin for 14 consecutive years, with 76.56% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, FCF Margin rose 3363.0% year-over-year to 76.56% in Q2 2026; TTM through Jun 2026 was 58.26%, a 4717.0% increase from a year earlier, with the FY2025 full-year figure at 38.91%, down 11469.0% from the prior year.
  • FCF Margin was 76.56% for Q2 2026 at United States Oil Fund, up from 64.05% in the prior quarter.
  • Over five years, FCF Margin peaked at 140.74% in Q2 2022 and troughed at 106.98% in Q3 2025.
  • A 5-year average of 10.83% and a median of 48.74% in 2024 frame the typical range for FCF Margin.
  • Across the five-year window, FCF Margin plunged 29518 bps in 2022 and soared 20356 bps in 2024, its largest moves.
  • Over 5 years, FCF Margin stood at 73.69% in 2022, then fell by 7 bps to 79.05% in 2023, then soared by 169 bps to 54.54% in 2024, then tumbled by 272 bps to 93.82% in 2025, then surged by 182 bps to 76.56% in 2026.
  • The last three FCF Margin figures came in at 76.56% (Q2 2026), 64.05% (Q1 2026), and 93.82% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 BlackRock 169.89 Bn 156.02 Bn - 15.78%
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 51.46%
6 iShares Silver Trust 22.15 Bn -6.05 Bn - -
7 Franklin Resources 17.84 Bn 14.12 Bn - 24.64%
8 Invesco 14.63 Bn 13.72 Bn 1.79 Bn 38.55%
9 Affiliated Managers 9.51 Bn 9.10 Bn - 37.30%
10 United States Oil Fund 2.15 Bn 800.11 Mn - 76.56%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 76.56%
Mar 31, 2026 64.05%
Dec 31, 2025 -93.82%
Sep 30, 2025 -106.98%
Jun 30, 2025 42.94%
Mar 31, 2025 59.21%
Dec 31, 2024 54.54%
Sep 30, 2024 -53.62%
Jun 30, 2024 103.32%
Mar 31, 2024 69.75%
Dec 31, 2023 -79.05%
Sep 30, 2023 79.09%
Jun 30, 2023 -100.24%
Mar 31, 2023 -46.93%
Dec 31, 2022 -73.69%
Sep 30, 2022 -38.70%
Jun 30, 2022 140.74%
Mar 31, 2022 97.71%
Dec 31, 2021 221.49%
Sep 30, 2021 151.41%