profit from every $100 of sales.
$0$100
Sprott Physical Gold
$29.30+0.03% today
-7.6% in 1 year
1-year low $29.291-year high $40.93
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2025.
0%20% a year
You pay $2.34 for every $1 of profit it makes in a year.
CheapExpensive
It holds more cash than debt.
No debt5 years
Money in, money out
What Sprott Physical Gold sold, what it kept, and what it did with the cash.
Sales went from -$78.9 million in 2022 to $5.96 billion in 2025, with $5.95 billion of profit last year.
SalesProfit
Sprott Physical Gold vs. similar companies
Sprott Physical Gold grows the fastest of these 5 and is the cheapest for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Sprott Physical Gold | 2.3× · Cheap | ||
 BlackRock | 34.0× · Expensive | ||
 Blackstone | 49.1× · Expensive | ||
 Investor | 8.5× · Cheap | ||
 Brookfield | 70.0× · Very expensive |
AI analysis
An AI analyst reads Sprott Physical Gold's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -79 | 727 | 1,733 | 5,955 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| -82 | 724 | 1,728 | 5,949 | |
| -0.21 | 1.81 | 4.27 | 13.01 | |
| – | – | – | – | |
| – | – | – | – | |
| 104.5% | 99.5% | 99.7% | 99.9% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 5,746 | 6,532 | 8,611 | 15,980 |
| Cash | 0 | 25 | 9 | 27 |
| Total debt | – | – | – | – |
| Total liabilities | 0 | 0 | 3 | 3 |
| 5,746 | 6,532 | 8,608 | 15,976 | |
| 386 | 400 | 405 | 457 | |
| – | – | – | – | |
| -1.4% | 11.1% | 20.1% | 37.2% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -23 | -25 | -27 | -48 | |
| – | – | – | – | |
| -23 | -25 | -27 | -48 | |
| Dividends paid | – | – | – | – |
| 0 | 4 | 4 | 5 | |
| – | – | – | – |
Valuation
- 2.3×
- –
- 0.01
- 1.1×
- 2.3×
- –
- –
- -0.3%
- 42.8%
- 0.0%
Profitability
- –
- 249.4%
- 99.9%
- 249.4%
- 37.2%
- 12.6%
- 45.1%
- 37.2%
- 37.2%
- –
Growth
- +186.2%
- +168.1%
- −76.4%
- –
- +8.2%
Financial health
- -0.0×
- 0.00
- 0.0%
- –
- –
- –
- 0.15
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 3%of 754
Top 1%of 883
Top 1%of 880
Bottom 23%of 929
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 12, 2026 | 2.72 | – | – |
| Mar 18, 2026 | 3.53 | – | – |
| Nov 13, 2025 | 4.30 | – | – |
| Aug 11, 2025 | 1.34 | – | – |
| May 15, 2025 | 3.89 | – | – |
| Mar 20, 2025 | -0.10 | – | – |
| Nov 14, 2024 | 2.39 | – | – |
| Aug 7, 2024 | 0.73 | – | – |
News
Sprott Physical Copper Trust reports Q3 resultsSeeking Alpha · Nov 12, 2026Sprott Physical Gold and Silver Trust USD reports Q3 resultsSeeking Alpha · Nov 12, 2026Gold Is Still Historically High. Is VanEck Gold Miners ETF or Sprott Gold Miners ETF the Better Way to Play Bullion's Strength?Yahoo Finance · Aug 24, 2026Silver Storm announces $7.5M non-brokered private placement with Eric SprottSeeking Alpha · Aug 21, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
6/7Passes 6 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
47No pass
Benjamin Graham
70Pass
Philip Fisher
77Pass
Peter Lynch
100Pass
Joel Greenblatt
87Pass
Charlie Munger
74Pass
Terry Smith
65Pass
Questions about Sprott Physical Gold
Is Sprott Physical Gold a good stock to buy?
A strong, very profitable business, and the price looks low. 6 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Sprott Physical Gold AI analysis
What does Sprott Physical Gold do?
Sprott Physical Gold Trust is an exchange traded commodity launched and managed by Sprott Asset Management, LP. The fund invests in the commodity markets. It primarily invests in physical gold bullion in London Good Delivery bar form. It is in Asset Management.
Does Sprott Physical Gold pay a dividend?
No. Sprott Physical Gold does not pay a dividend at the moment; in 2025 it returned $4.63 million to shareholders by buying back its own shares.
Is Sprott Physical Gold stock halal?
Yes. Sprott Physical Gold passes our halal screen: its business is permitted and its debt is 0% of its market value, under the 30% limit. How we check
How has Sprott Physical Gold stock done over the past year?
Down 7.6% over the past twelve months, to $29.30. It traded between $29.29 and $40.93 and is 28.4% below its high.
Who are Sprott Physical Gold's competitors?
The largest listed companies in the same industry are BlackRock, Blackstone, Investor and Brookfield. The peers table on this page compares their profit, growth and price with Sprott Physical Gold's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.