United States Natural Gas Fund, LP (UNG)

10.33 -0.96% (-0.10)

Over 6M: -13.9%

2026-08-28
10 11 12 13
Mar Apr May Jun Jul Aug

Financials Quarterly

Figures
Revenue Gross Profit Operating Income Cost of Revenue Operating Cash Flow Free Cash Flow Net Income

A share count and earnings a share are not here: neither is money, so neither can share this axis. Both have their own panel on All charts.

All charts ›
Q3 '21 — Revenue: 134.8M Q3 '21 — Operating Cash Flow: 126.3M Q3 '21 — Net Income: 134M Q4 '21 — Revenue: -219.1M Q4 '21 — Net Income: -220.1M Q1 '22 — Revenue: 210.9M Q1 '22 — Operating Cash Flow: 167.5M Q1 '22 — Net Income: 210M Q2 '22 — Revenue: -53.1M Q2 '22 — Operating Cash Flow: 119.2M Q2 '22 — Net Income: -54.3M Q3 '22 — Revenue: 115.9M Q3 '22 — Operating Cash Flow: 81.4M Q3 '22 — Net Income: 114.5M Q4 '22 — Revenue: -193.8M Q4 '22 — Net Income: -195.2M Q1 '23 — Revenue: -443.6M Q1 '23 — Operating Cash Flow: -475.2M Q1 '23 — Net Income: -446.1M Q2 '23 — Revenue: 113.1M Q2 '23 — Operating Cash Flow: -91.2M Q2 '23 — Net Income: 110.2M Q3 '23 — Revenue: -79M Q3 '23 — Operating Cash Flow: 19.9M Q3 '23 — Net Income: -81.6M Q4 '23 — Revenue: -251.2M Q4 '23 — Operating Cash Flow: -318.5M Q4 '23 — Net Income: -253.7M Q1 '24 — Revenue: -162M Q1 '24 — Operating Cash Flow: -89.5M Q1 '24 — Net Income: -164.6M Q2 '24 — Revenue: 176.6M Q2 '24 — Operating Cash Flow: 230.7M Q2 '24 — Net Income: 174.1M Q3 '24 — Revenue: 4.4M Q3 '24 — Operating Cash Flow: -179.9M Q3 '24 — Net Income: 1.9M Q4 '24 — Revenue: 56.2M Q4 '24 — Operating Cash Flow: 86.3M Q4 '24 — Net Income: 53.7M Q1 '25 — Revenue: 210.8M Q1 '25 — Operating Cash Flow: 267.9M Q1 '25 — Net Income: 208.8M Q2 '25 — Revenue: -121.3M Q2 '25 — Operating Cash Flow: -87.2M Q2 '25 — Net Income: -122.4M Q3 '25 — Revenue: -54.5M Q3 '25 — Operating Cash Flow: -87.9M Q3 '25 — Net Income: -55.9M Q4 '25 — Revenue: 5.4M Q4 '25 — Operating Cash Flow: 34.3M Q4 '25 — Net Income: 3.7M Q1 '26 — Operating Cash Flow: 102.2M Q1 '26 — Net Income: 109.7M Q2 '26 — Operating Cash Flow: -9.4M Q2 '26 — Net Income: 15.4M -450M -300M -150M 0 150M 300M
Q4 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 Q2 '26
Revenue Operating Cash Flow Free Cash Flow Net Income

Figures as at 2025-12-31, reported in USD. The newest fact in the filings is dated 2026-06-30, 61 days ago. Nothing on this page is advice.

How it scores

Five questions, each answered by the measures under it. Every figure is the company's own; the bar beside it is where that figure sits among the companies read here — the top fifth, the bottom fifth, or somewhere between. Not among all listed companies, and for a valuation multiple the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

10.0
OE margin 97.4%
Oper. margin 84.9%
ROIC —
FCF margin 97.4%
OCF margin 97.4%
Profit margin 180.8%
ROA 17.3%
OCF / EBIT 1.1×
Accruals 8.0%
Asset turnover 0.096×
Capex / sales —
EBITDA margin —
Gross margin —
ROCE —
ROE —

5 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

0.5
Div. yield —
EV/EBIT —
EV/GP —
EV/OE —
EV/Sales —
FCF yield —
Fwd P/E —
P/B —
P/C —
P/E —
PEG —

0 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

1.0
RPO / sales —
RPO growth —
Segment HHI —

2 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

9.5
Interest cover —
ND/EBITDA —
Debt payback 0.0 yr
Payout 0.0%
Cash / Debt —
Cash runway —
Current ratio —
Debt / Eq —
Equity / Assets —
F-score —
Quick ratio —

2 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

1.0
Sales/sh Y/Y -46.4%
EBIT Y/Y -47.5%
EPS Y/Y -48.7%
Sales Q/Q -90.4%
Div. growth —
EBIT CAGR —
EPS CAGR 4Y —
EPS next Y —
Shares change —

4 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.