Shareholder returns
- Dividends have been paid for 4 consecutive years.
- The dividend has grown 50.9% per year over the past 5 years.
DBO Financials Invesco Db Oil Fund
15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key annual figures
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | — | -$19M | — | — | — | — | $0 |
| 2024 | — | $20M | — | — | — | — | $1M |
| 2023 | — | -$14M | — | — | — | — | $0 |
| 2022 | — | $77M | — | — | — | — | $0 |
| 2021 | — | $229M | — | — | — | — | $0 |
| 2020 | — | $43M | — | — | — | — | $3M |
| 2019 | — | $75M | — | — | — | — | $0 |
| 2018 | — | -$38M | — | — | — | — | $0 |
| 2017 | — | $17M | — | — | — | — | $1M |
| 2016 | — | $48M | — | — | — | — | — |
| 2015 | — | -$226M | — | — | — | — | — |
| 2014 | — | -$137M | — | — | — | — | — |
| 2013 | — | $27M | — | — | — | — | — |
| 2012 | — | -$63M | — | — | — | — | — |
| 2011 | — | $14M | — | — | — | — | — |
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key quarterly figures
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | — | $134M | — | — | — | — | $0 |
| Dec '25 | — | -$12M | — | — | — | — | $0 |
| Sep '25 | — | $4M | — | — | — | — | $0 |
| Jun '25 | — | -$14M | — | — | — | — | $0 |
| Mar '25 | — | $3M | — | — | — | — | $0 |
| Dec '24 | — | $16M | — | — | — | — | $1M |
| Sep '24 | — | -$27M | — | — | — | — | $0 |
| Jun '24 | — | $4M | — | — | — | — | $0 |
| Mar '24 | — | $27M | — | — | — | — | $0 |
| Dec '23 | — | -$54M | — | — | — | — | $0 |
| Sep '23 | — | $58M | — | — | — | — | $0 |
| Jun '23 | — | -$7M | — | — | — | — | $0 |
| Mar '23 | — | -$11M | — | — | — | — | $0 |
| Dec '22 | — | $3M | — | — | — | — | $0 |
| Sep '22 | — | -$72M | — | — | — | — | $0 |
| Jun '22 | — | $28M | — | — | — | — | $0 |
| Mar '22 | — | $118M | — | — | — | — | $0 |
| Dec '21 | — | -$8M | — | — | — | — | $0 |
| Sep '21 | — | $27M | — | — | — | — | — |
| Jun '21 | — | $103M | — | — | — | — | — |
Valuation over time
How the market has priced DBO against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
- The price-to-earnings ratio has risen from 3.5× (Mar '23) to 12.4× (Nov '25).
- The dividend yield has risen from 0.8% (Mar '23) to 2.1% (Jun '26).
P/E
Dividend yield %
Frequently asked questions
Is DBO growing its revenue and profit?
See the revenue and net-income charts above for Invesco Db Oil Fund's multi-year trend.
How much debt does DBO have?
As of FY2025, Invesco Db Oil Fund reported — of total debt against $0 of cash.
What is DBO's profit margin?
In FY2025, gross margin was —, operating margin —, and net margin —.
What is DBO's P/E ratio?
As of Jun '26, Invesco Db Oil Fund traded at a price-to-earnings ratio of about 12.4× (market cap ÷ latest annual net income). The valuation charts above show how its P/E and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.