US Oil ETF Revenue, Profits - USO Quarterly Income Statement

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$14.15 $0.02 (0.14%) USO stock closing price Jul 20, 2018 (Closing)

Financial statements provide us with a way to gain insights and undertake the fundamental analysis of a company. Checking US Oil ETF Price alone is not sufficient. In the income statement, an investor can look at important parameters like revenue or sales, gross profits, net profits, and EPS basic to gain deeper insights. Like any other income statement, the USO income statement also itemizes revenue/sales, operating expenses, and profits/bottomline for a quarter or year and reflects a QoQ revenue growth of 0 when compared to the same period in the past. The operating expenses as shown in the US Oil ETF profit and loss statement for 2016 Q2 total to $0. This line item shows that the operating expenses has decreased compared with last year. Also check: US Oil ETF assets and US Oil ETF free cash flow.

View and download details of revenue and profits for US Oil ETF for latest & last 40 quarters.
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Fiscal year is Jan - Dec2016 Q2
US Oil ETF Revenues or Net Sales
Cost Of Goods Sold (COGS)-
US Oil ETF Gross Profit
Research & Development Expense-
Selling General & Admin Expense-
Income Before Depreciation Depletion Amortization-
Depreciation Depletion Amortization-
Non Operating Income-
Interest Expense-
US Oil ETF Pretax Income
Provision for Income Taxes-
Investment Gains Losses-
Other Income-
Income Before Extraordinaries & Disc Operations641.43M
Extraordinary Items & Discontinued Operations-
US Oil ETF Profit/ Loss (Net Income)
Average Shares used to compute Diluted EPS316.06M
Average Shares used to compute Basic EPS316.06M
Income Before Nonrecurring Items641.43M
Income from Nonrecurring Items-
US Oil ETF Earnings Per Share Basic Net
US Oil ETF Earnings Per Share Diluted Net
EPS Diluted Before Nonrecurring Items2.03
Preferred Dividends Acc Pd-
Dividends Common-
Dividend Per Share Common0.00
All figures in USD. M: Millions of USD, B: Billions of USD.

US Oil ETF Analysis involves checking at least a few of the important things like:

  • Topline: A growing topline, as seen from the US Oil ETF revenue chart, as is the case with US Oil ETF indicates a growing business. One needs to compare the QoQ topline or sales growth of USO stock with its peers like FAS stock and ACG stock to see if the growth compares well with what can be expected from a company in that industry.
  • Bottom line: The bottomline or the net income figure is arrived at by deducting all expenses from the topline which in this case is $641.43M for USO stock. An improving bottomline implies that the company is growing its profits.

The income statement is also called statement of revenue and expense. The USO financials along with US Oil ETF historical Prices provide a lot of details about the firm.

US Oil ETF Income Statement - Key Financial Ratios

Other Income Statements - United States Oil Fund LP (ETF) Industry Peers