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United States Brent Oil Fund, LP

BNO

$46.95 ▼ -0.43 (-0.91%) at close

17 Visible periods

10 Metrics

Absolute Benchmarks

Price Chart

Health

Weak

Bearish Absolute basis

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Analytical Summary

On an absolute basis, United States Brent Oil Fund, LP shows weak fundamentals, weighed down by FCF / Net Income. These readings use fixed quality thresholds rather than peer benchmarks, because too few comparable companies are available to rank against.

Market Cap —

Dividend Yield —

Revenue Growth None

Op. Margin —

ROIC —

FCF / Share —

Trailing P/E —

Price / Book —

FCF Yield —

Debt / Equity —

info Valuation on last close. End-of-day price, Aug 7, 2026.

17-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$-26.10M

↓ -1081.7% —

Net Income Profit after all expenses

$-4.09M

↓ -138.6% —

info Signals below are graded against fixed quality thresholds, not peers — peer ranking needs more comparable companies.

trending_up

Bullish Indicators

No bullish signals detected.

warning

Bearish Risks

FCF / Net IncomeFCF / Net Income of 0.91x is caution on an absolute basis (target > 1x)

Health Breakdown

Cash Quality →

Financial view

Statement lens

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Cadence

Annual Quarterly

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📈 Is growth accelerating? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗
Revenue Growth YoY (%)	—	—	—	—	—	—	—	—	—	—	—	N/M	-46.0% Weak Weak Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-866%)	—	—	—	—
Net Income Growth YoY (%)	N/M	N/M	N/M	-47.6% Weak ↓ Weak Declining Year-over-year change in net income	32.2% Excellent Excellent Year-over-year change in net income	345.0% Excellent Excellent Year-over-year change in net income	N/M	N/M	-58.2% Weak Weak Year-over-year change in net income	N/M	-65.0% Weak ↓ Weak Declining Year-over-year change in net income	N/M	-48.7% Weak ↓ Weak Declining Year-over-year change in net income	-31.6% Weak Weak Year-over-year change in net income	146.4% Excellent Excellent Year-over-year change in net income	—	—
Revenue CAGR 3Y (%)	—	—	—	—	—	—	—	—	—	—	—	—	-0.2% Weak Weak Compound annual revenue growth over 3 years	—	—	—	—

💰 Are margins durable? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗
Profit Margin (%) (%)	—	—	—	—	—	—	—	—	—	—	—	—	85.0% Excellent ↓ Excellent Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+287%)	89.6% Excellent Excellent Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+307%)	—	97.6% Excellent Excellent Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+344%)	—
FCF Margin (%) (%)	—	—	—	—	—	—	—	—	—	—	—	99.6% Excellent ↓ Excellent Declining Free cash flow as a percentage of revenue Optimal: > 10%	173.2% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	124.9% Excellent Excellent Free cash flow as a percentage of revenue Optimal: > 10%	—	-32.1% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—
FCF / Net Income (x)	0.91x Caution ↑ Caution Improving Free cash flow relative to reported net income Optimal: > 1x	0.66x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	-2.96x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	1.01x Fair ↑ Fair Improving Free cash flow relative to reported net income Optimal: > 1x	0.91x Caution ↑ Caution Improving Free cash flow relative to reported net income Optimal: > 1x	0.99x Caution ↑ Caution Improving Free cash flow relative to reported net income Optimal: > 1x	0.72x Caution → Caution Stable Free cash flow relative to reported net income Optimal: > 1x	0.21x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.79x Caution ↓ Caution Declining Free cash flow relative to reported net income Optimal: > 1x	1.07x Fair ↓ Fair Declining Free cash flow relative to reported net income Optimal: > 1x	1.24x Good ↓ Good Declining Free cash flow relative to reported net income Optimal: > 1x	0.98x Caution ↓ Caution Declining Free cash flow relative to reported net income Optimal: > 1x	2.04x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	1.39x Good ↑ Good Improving Free cash flow relative to reported net income Optimal: > 1x	0.41x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	-0.33x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	—

⚖️ Is the balance sheet risky? 1 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗
Net Debt (USD)	$-86.50M	$-80.08M	$-78.71M	$-98.67M	$-152.78M	$-311.51M	$-72.73M	$-62.64M	$-78.34M	$-103.17M	$-68.00M	$-36.41M	$-25.26M	$-39.51M	$-29.96M	$-9.14M	$-1.00K

📋 What is driving earnings? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗
Sales/Revenue/Turnover (USD)	—	—	—	—	—	—	—	—	—	—	—	$-26.10M	$2.66M	$4.92M	—	$2.68M	—
Net Income, GAAP (USD)	$-4.09M	$10.60M	$-4.09M	$82.57M	$157.46M	$119.08M	$26.76M	$-15.19M	$15.45M	$37.01M	$-43.65M	$-26.45M	$2.26M	$4.41M	$6.44M	$2.62M	—
Operating Cash Flow (USD)	$-3.73M	$7.03M	$12.12M	$83.64M	$143.58M	$117.62M	$19.23M	$-3.12M	$12.16M	$39.62M	$-54.14M	$-25.99M	$4.61M	$6.15M	$2.61M	$-859.52K	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 1 week ago 17 years · 66 quarters

United States Brent Oil Fund, LP

Analytical Summary

17-Year Financial Trajectory

Bullish Indicators

Bearish Risks

Health Breakdown

Statement lens

Benchmark Lens

Benchmarks unavailable

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