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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adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date.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›UGL

UGL

ProShares Trust II

Next earnings ≈ Jul 18, 2026 · est. from filing cadence

Hold
$46.15
▲ +5.22%
$46.15▲ +33.15%
over 1Y
L $33.59H $85.62
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today+5.2%
1W+4.6%
1M-16.7%
3M-24.3%
YTD-17.4%
1Y+33.2%
OverviewFinancialsValuationQualityTimelineFilings
Rating
Hold
Quality
A-
Valuation
Fair value
Filings
Watch
Hold
Conviction
Horizon
Medium (3–12mo)

High return on equity (29.9%).

Return on equity 29.9% · latest

ProShares Trust II shows limited reported revenue, and 29.9% ROE.

Supporting the case: high return on equity (29.9%).

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

The options angle

model · matches our verdict
Covered call~60d expiry
  • Long 100 shares @ ~46.15
  • Short call 48 @ ~3.52 est
debit $4,263max +$537max −$4,262BE 42.63

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—————
Net income-$1.68B$95.8M-$2.48B-$39.4M$1.71B
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 yield16.9%
FCF yield—

Quality & risk

ROIC (est.)—
Free cash flow—
Total debt—
Net cash$3.25B

Capital returns

Buyback yield128.7%
Dividend yield (est.)—
Shareholder yield128.7%
Shares Δ YoY+65.3%

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 Other event2026-05-12
  2. 10-Q Quarterly report2026-05-08
  3. 10-K Annual report2026-02-26
  4. 8-K Other event2026-02-12
  5. 10-Q Quarterly report2025-11-07
  6. 8-K Other event2025-11-04
  7. 10-Q Quarterly report2025-08-08
  8. 8-K/A Amended 8-K2025-06-06
  9. 8-K Other event2025-05-29

Recent filings

all on EDGAR ↗
8-KPeriod ending 2026-05-112026-05-12open ↗10-QPeriod ending 2026-03-312026-05-08open ↗424IFiling2026-03-31open ↗424IFiling2026-03-31open ↗424IFiling2026-03-31open ↗424B3Filing2026-03-26open ↗424B3Filing2026-03-26open ↗424B3Filing2026-03-26open ↗10-KPeriod ending 2025-12-312026-02-26open ↗424B3Filing2026-02-19open ↗424B3Filing2026-02-19open ↗424B3Filing2026-02-18open ↗

Quality score

A-
ValueGrowthProfitHealthMom.
Value—
GrowthA+
ProfitabilityA+
Financial healthA-
MomentumD
  • ✓Profitable (positive net income)
  • ✓Return on equity above 15%
33.5952-week85.62
Revenue
—
Net margin
—
ROE
29.9%
P/E
—

SEC fundamentals · FY 2025

'21'22'23'24'25

■ revenue · ■ net income, by fiscal year

Net income$1.71B+4448.1%
Cash & equivalents$3.25B+26.1%
Total assets$6.06B+92.4%
Total liabilities$339M+167.3%
Stockholders' equity$5.72B+89.2%
L/E: 0.06x

Frequently asked

Is ProShares Trust II (UGL) a buy?
UGL currently carries a Hold rating with 3/5 conviction, derived from its latest SEC filings. High return on equity (29.9%).
What is ProShares Trust II's quality score?
UGL scores 81.33483157341352/100 (grade A-) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.

Sources: SEC EDGAR (CIK 0001415311, latest 10-Q filed 2026-05-08) · EODHD · as of 7/5/2026, 7:17:16 AM.

›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 Jul 5, 2026, 3:17 AM 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.

Recent news

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Vs tracked universe

compare →

1195 tracked peers · median

TENK Score81 vs 67
Revenue growth— vs 7.5%
Net margin— vs 10.0%
Return on equity29.9% vs 12.0%
P/E— vs 26.2