United States Oil Fund Past Earnings Performance
Past criteria checks 3/6
United States Oil Fund has been growing earnings at an average annual rate of 21.9%, while the Capital Markets industry saw earnings growing at 5.2% annually. Revenues have been growing at an average rate of 22% per year. United States Oil Fund's return on equity is 39.7%, and it has net margins of 98.1%.
Key information
21.9%
Earnings growth rate
12.1%
EPS growth rate
| Capital Markets Industry Growth | 5.2% |
| Revenue growth rate | 22.0% |
| Return on equity | 39.7% |
| Net Margin | 98.1% |
| Last Earnings Update | 31 Dec 2022 |
Recent past performance updates
No updates
Recent updates
No updates
Revenue & Expenses Breakdown
How United States Oil Fund makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 22 | 801 | 785 | 15 | 0 |
| 30 Sep 22 | 737 | 720 | 17 | 0 |
| 30 Jun 22 | 1,312 | 1,293 | 19 | 0 |
| 31 Mar 22 | 1,722 | 1,700 | 22 | 0 |
| 31 Dec 21 | 1,626 | 1,602 | 24 | 0 |
| 30 Sep 21 | 2,091 | 2,066 | 26 | 0 |
| 30 Jun 21 | 2,043 | 2,015 | 28 | 0 |
| 31 Mar 21 | 465 | 434 | 31 | 0 |
| 31 Dec 20 | -1,877 | -1,905 | 28 | 0 |
| 30 Sep 20 | -2,275 | -2,299 | 24 | 0 |
| 30 Jun 20 | -2,447 | -2,466 | 19 | 0 |
| 31 Mar 20 | -1,553 | -1,565 | 12 | 0 |
| 31 Dec 19 | 485 | 473 | 11 | 0 |
| 30 Sep 19 | -440 | -452 | 12 | 0 |
| 30 Jun 19 | -308 | -320 | 12 | 0 |
| 31 Mar 19 | -29 | -41 | 13 | 0 |
| 31 Dec 18 | -278 | -291 | 13 | 0 |
| 30 Sep 18 | 812 | 798 | 15 | 0 |
| 30 Jun 18 | 1,031 | 1,015 | 16 | 0 |
| 31 Mar 18 | 522 | 503 | 18 | 0 |
| 31 Dec 17 | 99 | 79 | 20 | 0 |
| 30 Sep 17 | 64 | 42 | 22 | 0 |
| 30 Jun 17 | -285 | -308 | 23 | 0 |
| 31 Mar 17 | 616 | 592 | 24 | 0 |
| 31 Dec 16 | 692 | 667 | 26 | 0 |
| 30 Sep 16 | -436 | -462 | 26 | 0 |
| 30 Jun 16 | -1,030 | -1,055 | 24 | 0 |
Quality Earnings: USO * has high quality earnings.
Growing Profit Margin: USO *'s current net profit margins (98.1%) are lower than last year (98.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: USO *'s earnings have grown significantly by 21.9% per year over the past 5 years.
Accelerating Growth: USO *'s has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: USO * had negative earnings growth (-51%) over the past year, making it difficult to compare to the Capital Markets industry average (8.9%).
Return on Equity
High ROE: USO *'s Return on Equity (39.7%) is considered high.