United States Oil Fund (USO) Market Capitalization (2009 - 2026)
United States Oil Fund's (USO) quarterly Market Capitalization came in at $1.6 billion in Q2 2026, up 51.36% year-over-year from $1.0 billion in Q2 2025, and down 21.88% quarter-over-quarter from $2.0 billion in Q1 2026.
Analysis
United States Oil Fund (USO) Market Capitalization (2009 - 2026) Analysis & Trends
United States Oil Fund (USO) has reported Market Capitalization for 18 consecutive years, with $1.6 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Market Capitalization rose 51.36% year-over-year to $1.6 billion in Q2 2026; TTM through Jun 2026 was $1.6 billion, a 51.36% increase from a year earlier, with the FY2025 full-year figure at $1.0 billion, down 23.46% from the prior year.
- Market Capitalization was $1.6 billion for Q2 2026 at United States Oil Fund, down from $2.0 billion in the prior quarter.
- Over five years, Market Capitalization peaked at $2.7 billion in Q1 2022 and troughed at $975.2 million in Q3 2025.
- A 5-year average of $1.6 billion and a median of $1.5 billion in 2023 frame the typical range for Market Capitalization.
- Across the five-year window, Market Capitalization sank 47.25% in 2023 and jumped 96.82% in 2026, its largest moves.
- Over 5 years, Market Capitalization stood at $2.5 billion in 2022, then plunged by 38.13% to $1.5 billion in 2023, then declined by 12.48% to $1.3 billion in 2024, then slipped by 23.46% to $1.0 billion in 2025, then surged by 53.9% to $1.6 billion in 2026.
- The last three Market Capitalization figures came in at $1.6 billion (Q2 2026), $2.0 billion (Q1 2026), and $1.0 billion (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
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.58 Bn |
| Mar 31, 2026 | 2.02 Bn |
| Dec 31, 2025 | 1.03 Bn |
| Sep 30, 2025 | 975.24 Mn |
| Jun 30, 2025 | 1.04 Bn |
| Mar 31, 2025 | 1.03 Bn |
| Dec 31, 2024 | 1.34 Bn |
| Sep 30, 2024 | 1.19 Bn |
| Jun 30, 2024 | 1.36 Bn |
| Mar 31, 2024 | 1.46 Bn |
| Dec 31, 2023 | 1.53 Bn |
| Sep 30, 2023 | 1.85 Bn |
| Jun 30, 2023 | 1.29 Bn |
| Mar 31, 2023 | 1.51 Bn |
| Dec 31, 2022 | 2.47 Bn |
| Sep 30, 2022 | 1.95 Bn |
| Jun 30, 2022 | 2.44 Bn |
| Mar 31, 2022 | 2.68 Bn |
| Dec 31, 2021 | 3.55 Bn |
| Sep 30, 2021 | 2.97 Bn |