Invesco DB Commodity Index Tracking Fund financial statements
Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data Invesco DB Commodity Index Tracking Fund files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Operating expenses
20.1
18.5
23.7
14.4
9.05
20.2
32.2
19.1
14.3
11.3
Operating income
-13.6
-1.46
25.1
22.3
-2.16
-19.1
19.4
90.2
69.1
41.4
Interest expense
0.14
0.07
0.78
0.31
0.04
0.04
0.35
0.51
Net income
366
71.2
-290
206
-128
659
552
-152
22.4
92.5
EBITDA
-19.9
-15.5
-16.3
-6.31
-5.45
-19.5
0.76
44.4
32.7
34.2
EPS, basic
2.48
EPS, diluted
2.48
Balance sheet
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Cash and equivalents
5.02
5.94
0
0
7.54
0
0
0
9.31
0
Total assets
2,559
2,264
2,010
1,440
1,342
2,665
2,732
1,701
1,292
1,227
Total liabilities
1.78
1.59
77.2
11.5
0.83
35.6
94.5
17.7
7.62
3.32
Shareholders' equity
2,557
2,262
1,933
1,429
1,341
2,630
2,637
1,683
1,284
1,223
Total equity
2,557
2,262
1,933
1,429
1,341
2,630
2,637
1,683
1,284
1,223
Total liabilities and equity
2,559
2,264
2,010
1,440
1,342
2,665
2,732
1,701
1,292
1,227
Cash flow statement
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Net income
366
71.2
-290
206
-128
659
552
-152
22.4
92.5
Depreciation and amortization
-6.31
-14
-41.4
-28.6
-3.29
-0.43
-18.6
-45.8
-36.4
-7.17
Cash from operations
-291
427
-45.4
729
-33.5
-637
536
809
432
142
Purchases of investments
-1,363
-4,199
-3,917
Sales and maturities of investments
1,232
4,012
3,840
Stock issued
853
641
1,288
120
483
1,799
2,336
370
208
253
Share buybacks
-649
-1,067
-1,243
-807
-442
-1,169
-2,857
-1,095
-562
-364
Dividends paid
-24.6
-22.7
-16.2
-84.2
-68.1
-40.6
Cash from financing
204
-426
39.5
-729
41.1
630
-536
-809
-422
-151
Net change in cash
-5.94
7.54
-7.54
0
0
9.31
-9.31
Interest paid
0.14
0.07
0.78
0.31
0.04
0.04
0.35
0.51
0.43
0.08
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $32.62 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Return on equity (ROE)
18.7%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
18.6%
Net income / average total assets.
Return on invested capital (ROIC)
2.1%
Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
Growth
Metric
Value
How it is calculated
Operating income growth, 1y
-40.2%
Operating income vs the same period a year earlier. Only from a positive base.
Operating income CAGR, 3y
28.8%
Compound annual growth of operating income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EBITDA growth, 1y
4.4%
EBITDA vs the same period a year earlier. Only from a positive base.
EBITDA CAGR, 3y
255.9%
Compound annual growth of ebitda over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income growth, 1y
313.1%
Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y
-44.9%
Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow growth, 1y
-67.1%
Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y
-35.8%
Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value growth, 1y
-4.7%
Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y
-22.6%
Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y
-1.8%
Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y
-5.1%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
-23.4%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y
-1.8%
Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Market cap + total debt - cash - short-term investments.
P/E
6.57x
Market cap / net income. Only when net income is positive.
P/B
1.23x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
1.23x
Market cap / tangible book value, when positive.
EV/EBIT
46.1x
Enterprise value / operating income, when both are positive.
Earnings yield
15.2%
Net income / market cap (the inverse of P/E).
Shareholder yield
25.2%
(Dividends paid + share buybacks) / market cap.
Was Invesco DB Commodity Index Tracking Fund profitable in fiscal 2025?
Yes. Net income was $92.5M, a net margin of -.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.