United States Oil Fund USO
NYSE USO
$146.38 +3.02 (+2.11%)
As of: Sep 30, 2026 · 1:05 PM EDT

United States Oil Fund, LP (USO) Net Margin (2009 - 2019)

Updated

United States Oil Fund's Net Margin was 99.25% in Q1 2019, up 1.33 percentage points from 97.93% a year earlier and up 199.65 percentage points from the prior quarter.

Analysis

United States Oil Fund, LP (USO) Net Margin (2009 - 2019) Analysis & Trends

On a trailing twelve-month basis, United States Oil Fund's Net Margin was -2.76% through Mar 31, 2019, down 51.69 percentage points year-over-year; for FY2018, it was -104.73%, down 184.43 percentage points from FY2017.

  • Net Margin shows a five-year change of -196.40 percentage points (FY2013 to FY2018).
  • In earlier years, Net Margin was 79.70% in FY2017 (-16.57 pp), 96.26% in FY2016 (+197.77 pp), -101.51% in FY2015 (-0.45 pp) and -101.05% in FY2014 (-192.72 pp).
  • The Q1 2019 figure marks the highest quarterly Net Margin in data going back to Q2 2009.
  • Compared with a year earlier, Net Margin was higher in five of the last eight quarters, with an average year-over-year change of +25.56 percentage points.
  • The best year-over-year quarter for Net Margin over five years was Q2 2014 (a gain of 229.27 percentage points); the worst was Q2 2017 (a drop of 201.16 percentage points).
  • Per Business Quant data, USO's Net Margin in the three quarters before Q1 2019 was -100.40% (Q4 2018), 93.96% (Q3 2018) and 98.68% (Q2 2018).
Peer Set

Peer Comparison

Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2019 99.25%
Dec 31, 2018 -100.40%
Sep 30, 2018 93.96%
Jun 30, 2018 98.68%
Mar 31, 2018 97.93%
Dec 31, 2017 98.61%
Sep 30, 2017 98.22%
Jun 30, 2017 -102.16%
Mar 31, 2017 -102.12%
Dec 31, 2016 97.92%
Sep 30, 2016 -107.81%
Jun 30, 2016 99.00%
Mar 31, 2016 -104.14%
Dec 31, 2015 -100.70%
Sep 30, 2015 -100.69%
Jun 30, 2015 99.12%
Mar 31, 2015 -101.51%
Dec 31, 2014 -100.32%
Sep 30, 2014 -101.58%
Jun 30, 2014 96.87%
API Access

United States Oil Fund, LP Net Margin 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=net-margin&ticker=USO&period=max&api_key=YOUR_API_KEY