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DisclosuresTermsPrivacy

Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

EDGAR® is a registered trademark of the U.S. Securities and Exchange Commission. TENK/calls is an independent service and is not affiliated with, endorsed by, or approved by the U.S. Securities and Exchange Commission.

TTENK/calls
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Pulling SEC filings + quote and writing the call…

TTENK/calls
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Home›Stocks›DBA

DBA

INVESCO DB AGRICULTURE FUND

Next earnings ≈ Aug 7, 2026 · est. from filing cadence

Hold
$26.74
▲ +0.87%
$26.74▲ +5.94%
over 1Y
L $24.73H $28.73
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today+0.9%
1W-0.7%
1M-1.4%
3M-1.5%
YTD+4.6%
1Y+5.9%
OverviewFinancialsValuationQualityTimelineFilings
Rating
Hold
Quality
F
Valuation
Fair value
Filings
Watch
Hold
Conviction
Horizon
Medium (3–12mo)

Conservative balance sheet (liabilities/equity 0.00x).

Return on equity -1.4% · latest

INVESCO DB AGRICULTURE FUND shows limited reported revenue, and -1.4% ROE.

Supporting the case: conservative balance sheet (liabilities/equity 0.00x).

Is DBA a buy? The one-page verdict, explained →

The options angle

model · matches our verdict
Covered call~60d expiry
  • Long 100 shares @ ~26.74
  • Short call 28 @ ~0.14 est
debit $2,660max +$140max −$2,659BE 26.60

HOLD means own it, don't chase it — harvesting premium against the position matches the verdict.

Open in the calculator →

Educational template, not a trade recommendation. Strikes and premiums are Black-Scholes model estimates from the last close and 30-day realized volatility — real chains, spreads and IV will differ. Options involve substantial risk.

Financials · annual, by fiscal year

Line itemFY21FY22FY23FY24FY25
Revenue—————
Gross profit—————
Operating income-$7.73M$7.25M$35.8M$31.5M$26.4M
Net income$162M-$68.0M$60.6M$210M-$9.83M
Diluted EPS—————
Net margin—————

10-year statements — income, cash flow, balance sheet & CSV export →

Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.

Key statistics

Valuation

Enterprise value—
EV / EBITDA—
EV / Sales—
EV / FCF—
P / FCF—
PEG (trailing)—
Earnings yield-1.3%
FCF yield—

Quality & risk

ROIC (est.)2.9%
Free cash flow—
Total debt—
Net cash$13.5M

Capital returns

Buyback yield27.0%
Dividend yield (est.)3.4%
Shareholder yield30.4%
Shares Δ YoY-9.5%

Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.

Disclosure timeline

SEC · 8-Ks + reports
Some governance/structural items recently, but no outright red flags.
  1. 8-K Officer / director change2026-06-08
  2. 10-Q Quarterly report2026-05-07
  3. 10-K Annual report2026-03-02
  4. 8-K/A Amended 8-K2025-11-10
  5. 10-Q Quarterly report2025-11-07
  6. 8-K Other event2025-09-26
  7. 10-Q Quarterly report2025-08-07
  8. 10-Q Quarterly report2025-05-08
  9. 10-K Annual report2025-02-26

Recent filings

all on EDGAR ↗
8-KPeriod ending 2026-06-042026-06-08open ↗10-QPeriod ending 2026-03-312026-05-07open ↗424IFiling2026-03-27open ↗10-KPeriod ending 2025-12-312026-03-02open ↗424B3Filing2025-11-10open ↗8-K/APeriod ending 2025-09-262025-11-10open ↗10-QPeriod ending 2025-09-302025-11-07open ↗424B3Filing2025-09-26open ↗8-KPeriod ending 2025-09-262025-09-26open ↗424B3Filing2025-08-26open ↗10-QPeriod ending 2025-06-302025-08-07open ↗10-QPeriod ending 2025-03-312025-05-08open ↗

Quality score

F
ValueGrowthProfitHealthMom.
Value—
GrowthF
ProfitabilityF
Financial healthC
MomentumC
  • ✗Profitable (positive net income)
  • ✗Return on equity above 15%
24.7352-week28.73
Revenue
—
Net margin
—
ROE
-1.4%
P/E
—

SEC fundamentals · FY 2025

'21'22'23'24'25

■ revenue · ■ net income, by fiscal year

Net income-$9.83M-104.7%
Operating income$26.4M-16.3%
Cash & equivalents$13.5M+185.4%
Total assets$726M-7.9%
Total liabilities$3.04M+470.4%
Stockholders' equity$723M-8.2%
L/E: 0.00x

Frequently asked

Is INVESCO DB AGRICULTURE FUND (DBA) a buy?
DBA currently carries a Hold rating with 2/5 conviction, derived from its latest SEC filings. Conservative balance sheet (liabilities/equity 0.00x).
What is INVESCO DB AGRICULTURE FUND's quality score?
DBA scores 36.57375017461091/100 (grade F) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.

Sources: SEC EDGAR (CIK 0001383082, latest 10-Q filed 2026-05-07) · EODHD · as of 6/22/2026, 10:14:31 PM.

›About this recommendation — produced by TENK/calls (tenkcalls.com), Luxembourg · not investment advice

Rule-based analysis, generated automatically from SEC filing data.

Investment recommendation produced by TENK/calls (tenkcalls.com), Luxembourg. Completed Jun 22, 2026, 6:14 PM ET. Ratings & methodology: definitions · All recommendations to date: track record · Conflicts: disclosures. Not investment advice.

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.

Insider activity

Form 4 · SEC
2010-08-26
Hanson Stephen P
10% owner
Buy200K @ $8.19$1.64M

Dividends

Annual
Yield (TTM)
3.4%
Annual / share
$0.91
Last ex-date
2025-12-22
Last amount
$0.91
ex 2025-12-22paid 2025-12-26$0.91
ex 2024-12-23paid 2024-12-27$1.08
ex 2023-12-18paid 2023-12-22$0.96
ex 2022-12-19paid 2022-12-23$0.10
ex 2019-12-23paid 2019-12-31$0.26
ex 2018-12-24paid 2018-12-31$0.18

Source: EODHD. Yield = trailing-12-month dividends ÷ price.

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Vs tracked universe

compare →

1195 tracked peers · median

TENK Score37 vs 67
Revenue growth— vs 7.5%
Net margin— vs 10.0%
Return on equity-1.4% vs 12.0%
P/E— vs 26.2

News sentiment

EODHD · 15d
Bearish
-0.68
vs typical · 16 articles
↓ cooling

Recent news tone vs the market's typical (which skews positive). A soft signal, not a recommendation.