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) Price to Book (2010 - 2026)

United States Oil Fund's (USO) quarterly Price to Book came in at 0.9 in Q2 2026, down 2.49% year-over-year from 0.92 in Q2 2025, and up 17.8% quarter-over-quarter from 0.76 in Q1 2026.

Analysis

United States Oil Fund (USO) Price to Book (2010 - 2026) Analysis & Trends

United States Oil Fund (USO) has reported Price to Book for 17 consecutive years, with 0.9 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Price to Book fell 2.49% year-over-year to 0.9 in Q2 2026; TTM through Jun 2026 was 0.9, a 2.49% decrease from a year earlier, with the FY2025 full-year figure at 1.16, down 6.0% from the prior year.
  • Price to Book was 0.9 for Q2 2026 at United States Oil Fund, up from 0.76 in the prior quarter.
  • Over five years, Price to Book peaked at 1.25 in Q4 2022 and troughed at 0.76 in Q1 2026.
  • A 5-year average of 1.0 and a median of 0.99 in 2023 frame the typical range for Price to Book.
  • Across the five-year window, Price to Book tumbled 31.64% in 2022 and surged 32.96% in 2024, its largest moves.
  • Over 5 years, Price to Book stood at 1.25 in 2022, then dropped by 21.96% to 0.98 in 2023, then increased by 26.05% to 1.23 in 2024, then dropped by 6.0% to 1.16 in 2025, then decreased by 22.24% to 0.9 in 2026.
  • The last three Price to Book figures came in at 0.9 (Q2 2026), 0.76 (Q1 2026), and 1.16 (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 0.90
Mar 31, 2026 0.76
Dec 31, 2025 1.16
Sep 30, 2025 1.10
Jun 30, 2025 0.92
Mar 31, 2025 1.05
Dec 31, 2024 1.23
Sep 30, 2024 0.88
Jun 30, 2024 1.08
Mar 31, 2024 1.03
Dec 31, 2023 0.98
Sep 30, 2023 1.21
Jun 30, 2023 0.81
Mar 31, 2023 0.93
Dec 31, 2022 1.25
Sep 30, 2022 1.00
Jun 30, 2022 0.92
Mar 31, 2022 0.83
Dec 31, 2021 1.49
Sep 30, 2021 1.14