United States Oil Fund Past Earnings Performance
Past criteria checks 0/6
United States Oil Fund has been growing earnings at an average annual rate of 29.3%, while the Capital Markets industry saw earnings growing at 9.7% annually. Revenues have been growing at an average rate of 29.2% per year.
Key information
29.3%
Earnings growth rate
36.3%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | 29.2% |
| Return on equity | -2.9% |
| Net Margin | 131.9% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
No updates
Revenue & Expenses BreakdownBeta
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 23 | -35 | -46 | 11 | 0 |
| 30 Sep 23 | 420 | 408 | 12 | 0 |
| 30 Jun 23 | -373 | -386 | 13 | 0 |
| 31 Mar 23 | -90 | -103 | 14 | 0 |
| 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 |
| 31 Mar 16 | -1,169 | -1,191 | 22 | 0 |
| 31 Dec 15 | -1,269 | -1,288 | 19 | 0 |
| 30 Sep 15 | -905 | -920 | 15 | 0 |
| 30 Jun 15 | -311 | -322 | 11 | 0 |
| 31 Mar 15 | -788 | -796 | 8 | 0 |
| 31 Dec 14 | -484 | -489 | 5 | 0 |
| 30 Sep 14 | -42 | -47 | 5 | 0 |
| 30 Jun 14 | 103 | 98 | 5 | 0 |
| 31 Mar 14 | 65 | 58 | 6 | 0 |
| 31 Dec 13 | 81 | 74 | 7 | 0 |
| 30 Sep 13 | 91 | 83 | 8 | 0 |
| 30 Jun 13 | 105 | 97 | 8 | 0 |
Quality Earnings: USO is currently unprofitable.
Growing Profit Margin: USO is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: USO is unprofitable, but has reduced losses over the past 5 years at a rate of 29.3% per year.
Accelerating Growth: Unable to compare USO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: USO is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (3.3%).
Return on Equity
High ROE: USO has a negative Return on Equity (-2.94%), as it is currently unprofitable.