United States Gasoline Fund, LP (UGA) intrinsic value & 10-year financials
United States Gasoline Fund, LP (UGA) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue grew 2.0% a year to -$3.1M.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $144.91
- Revenue (FY2025)
- -$3.1M
- Revenue growth (10-yr CAGR)
- 2.0%
- Free cash flow (FY2025)
- —
UGA 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | -$3.1M | -$3.9M | — | — | — | — |
| FY2024 | $6.7M | $5.6M | — | — | — | — |
| FY2023 | $1.4M | $539.1K | — | — | — | — |
| FY2022 | $28.4M | $27.4M | — | — | — | — |
| FY2021 | $49.1M | $48.3M | — | — | — | — |
| FY2020 | $43.0M | $42.5M | — | — | — | — |
| FY2019 | $13.6M | $13.4M | — | — | — | — |
| FY2018 | -$11.1M | -$11.5M | — | — | — | — |
| FY2017 | $685.3K | $233.6K | — | — | — | — |
| FY2016 | $5.7M | $5.1M | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
United States Gasoline Fund, LP revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
United States Gasoline Fund, LP 10-year average ROIC is N/A; capital efficiency cannot be assessed from the available history.
United States Gasoline Fund, LP capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, United States Gasoline Fund, LP is modeled at 2.0% normalized earnings growth with a 5.1% bond-yield adjustment.