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Invesco DB Oil Fund (DBO) Stock Fundamental Analysis & AI Rating 2026

DBO NYSE Commodity Contracts Brokers & Dealers DE CIK: 0001383058
Updated This Month • Analysis: Mar 23, 2026 • SEC Data: 2025-12-31
Combined AI Rating
SELL
80% Confidence
NEUTRAL
STRONG SELL
92% Conf
HOLD
68% Conf

📊 DBO Key Takeaways

Revenue: $8.5M
Net Margin: -228.5%
Free Cash Flow: $-13.2M
Current Ratio: N/A
Debt/Equity: 0.00x
EPS: $0.00
AI Rating: STRONG SELL with 92% confidence
Invesco DB Oil Fund (DBO) receives a SELL rating with 80% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $8.5M, net profit margin of -228.5%, and return on equity (ROE) of -9.5%, Invesco DB Oil Fund demonstrates mixed fundamentals in the Market sector. Below is our complete DBO stock analysis for 2026.

Is Invesco DB Oil Fund (DBO) a Good Investment?

Claude

Invesco DB Oil Fund exhibits severe operational distress with negative net income of -$19.4M despite $8.5M in revenue, resulting in a -228.5% net margin. Deteriorating fundamentals are evidenced by collapsing profitability (net income down 199.1% YoY), negative operating cash flow of -$13.2M, and a negative free cash flow margin of -154.9%, indicating the fund is destroying value at an accelerating rate.

ChatGPT

Invesco DB Oil Fund shows very strong balance sheet health, with roughly $204.22M of equity against only $725.31K of liabilities and effectively no leverage. However, profitability quality is weak: revenue fell 28.8% YoY, net income swung to a $19.42M loss, and operating cash flow was negative $13.17M, indicating earnings are highly volatile and not converting into cash. The fundamentals suggest financial stability, but not consistently strong operating performance.

Why Buy Invesco DB Oil Fund Stock? DBO Key Strengths

Claude
  • + Strong balance sheet with total liabilities of only $725.3K relative to $204.9M in assets
  • + Zero debt-to-equity ratio eliminates financial leverage risk
  • + High interest coverage ratio of 81.1x indicates minimal debt service obligations
ChatGPT
  • + Very strong balance sheet with minimal liabilities relative to assets and equity
  • + No meaningful leverage, reducing financial distress risk
  • + Positive operating income and very high reported operating margin despite revenue pressure

DBO Stock Risks: Invesco DB Oil Fund Investment Risks

Claude
  • ! Dramatic profitability collapse with net margin of -228.5% and net income down 199.1% YoY
  • ! Negative operating cash flow of -$13.2M coupled with negative free cash flow margin of -154.9% indicates cash burn
  • ! Revenue declining 28.8% year-over-year while losses accelerate, signaling fundamental business deterioration
  • ! Commodity fund structure exposed to volatile oil price movements and contango/backwardation dynamics
ChatGPT
  • ! Net income deteriorated sharply to a $19.42M loss, producing a deeply negative net margin
  • ! Operating cash flow and free cash flow were negative, signaling weak cash generation quality
  • ! Revenue declined 28.8% YoY, pointing to poor top-line momentum and volatile underlying results

Key Metrics to Watch

Claude
  • * Operating cash flow trend and cash position depletion rate
  • * Revenue trajectory and recovery potential in oil markets
  • * Net margin stabilization and path to profitability
  • * Fund assets under management and investor redemptions
ChatGPT
  • * Net income trend versus operating income to assess earnings volatility
  • * Operating cash flow trend to confirm whether losses are translating into persistent cash burn

Invesco DB Oil Fund (DBO) Financial Metrics & Key Ratios

Revenue
$8.5M
Net Income
$-19.4M
EPS (Diluted)
$0.00
Free Cash Flow
$-13.2M
Total Assets
$204.9M
Cash Position
$0.0

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

DBO Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 82.3%
Net Margin -228.5%
ROE -9.5%
ROA -9.5%
FCF Margin -154.9%

DBO vs Market Sector: How Invesco DB Oil Fund Compares

How Invesco DB Oil Fund compares to Market sector averages

Net Margin
DBO -228.5%
vs
Sector Avg 12.0%
DBO Sector
ROE
DBO -9.5%
vs
Sector Avg 15.0%
DBO Sector
Current Ratio
DBO 0.0x
vs
Sector Avg 1.8x
DBO Sector
Debt/Equity
DBO 0.0x
vs
Sector Avg 0.7x
DBO Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Invesco DB Oil Fund Stock Overvalued? DBO Valuation Analysis 2026

Based on fundamental analysis, Invesco DB Oil Fund has mixed fundamental signals relative to the Market sector in 2026.

Return on Equity
-9.5%
Sector avg: 15%
Net Profit Margin
-228.5%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Invesco DB Oil Fund Balance Sheet: DBO Debt, Cash & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
0.00x
Debt/Assets
0.4%
Interest Coverage
81.09x
Long-term Debt
N/A

DBO Revenue & Earnings Growth: 5-Year Financial Trend

DBO 5-year financial data:
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Invesco DB Oil Fund's revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $-12.18 indicates the company is currently unprofitable.

DBO Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-154.9%
Free cash flow / Revenue

Invesco DB Oil Fund Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$13.2M
Cash generated from operations
Stock Buybacks
$124.4M
Shares repurchased (TTM)
Dividends Paid
$7.1M
Returned to shareholders

DBO SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Invesco DB Oil Fund (CIK: 0001383058)

📋 Recent SEC Filings

Date Form Document Action
Mar 2, 2026 10-K dbo-20251231.htm View →
Nov 7, 2025 10-Q dbo-20250930.htm View →
Sep 26, 2025 8-K d904959d8k.htm View →
Aug 7, 2025 10-Q dbo-20250630.htm View →
May 8, 2025 10-Q dbo-20250331.htm View →

Frequently Asked Questions about DBO

What is the AI rating for DBO?

Invesco DB Oil Fund (DBO) has a Combined AI Rating of SELL from Claude (STRONG SELL) and ChatGPT (HOLD) with 80% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are DBO's key strengths?

Claude: Strong balance sheet with total liabilities of only $725.3K relative to $204.9M in assets. Zero debt-to-equity ratio eliminates financial leverage risk. ChatGPT: Very strong balance sheet with minimal liabilities relative to assets and equity. No meaningful leverage, reducing financial distress risk.

What are the risks of investing in DBO?

Claude: Dramatic profitability collapse with net margin of -228.5% and net income down 199.1% YoY. Negative operating cash flow of -$13.2M coupled with negative free cash flow margin of -154.9% indicates cash burn. ChatGPT: Net income deteriorated sharply to a $19.42M loss, producing a deeply negative net margin. Operating cash flow and free cash flow were negative, signaling weak cash generation quality.

What is DBO's revenue and growth?

Invesco DB Oil Fund reported revenue of $8.5M.

Does DBO pay dividends?

Invesco DB Oil Fund pays dividends, with $7.1M distributed to shareholders in the trailing twelve months.

Where can I find DBO SEC filings?

Official SEC filings for Invesco DB Oil Fund (CIK: 0001383058) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is DBO's EPS?

Invesco DB Oil Fund has a diluted EPS of $0.00.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is DBO a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Invesco DB Oil Fund has a SELL rating with 80% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is DBO stock overvalued or undervalued?

Valuation metrics for DBO: ROE of -9.5% (sector avg: 15%), net margin of -228.5% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy DBO stock in 2026?

Our dual AI analysis gives Invesco DB Oil Fund a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is DBO's free cash flow?

Invesco DB Oil Fund's operating cash flow is $-13.2M, with capital expenditures of N/A. FCF margin is -154.9%.

How does DBO compare to other Market stocks?

Vs Default sector averages: Net margin -228.5% (avg: 12%), ROE -9.5% (avg: 15%), current ratio N/A (avg: 1.8).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 23, 2026 | Data as of: 2025-12-31 | Powered by Claude AI