profit from every $100 of sales.

Sprott Physical Silver
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, 2022 to 2025.
You pay $1.18 for every $1 of profit it makes in a year.
It holds more cash than debt.
Money in, money out
What Sprott Physical Silver sold, what it kept, and what it did with the cash.
Sales went from $108 million in 2022 to $8.49 billion in 2025, with $8.48 billion of profit last year.
Sprott Physical Silver handed back 0% of the cash it generated last year.
Sprott Physical Silver vs. similar companies
Sprott Physical Silver 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 Silver | 1.2× · 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 Silver'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 |
|---|---|---|---|---|
| 108 | -47 | 828 | 8,487 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| 103 | -54 | 821 | 8,478 | |
| 0.23 | -0.11 | 1.65 | 15.22 | |
| – | – | – | – | |
| – | – | – | – | |
| 95.7% | 112.9% | 99.2% | 99.9% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 4,101 | 4,072 | 5,230 | 15,299 |
| Cash | 16 | 6 | 10 | 199 |
| Total debt | – | – | – | – |
| Total liabilities | 10 | 2 | 2 | 190 |
| 4,091 | 4,070 | 5,227 | 15,109 | |
| 455 | 492 | 498 | 557 | |
| – | – | – | – | |
| 2.5% | -1.3% | 15.7% | 56.1% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -11 | -31 | -28 | 145 | |
| – | – | – | – | |
| -11 | -31 | -28 | 145 | |
| Dividends paid | – | – | – | – |
| 0 | 3 | 0 | 0 | |
| – | – | – | – |
Valuation
- 1.2×
- –
- 0.00
- 1.0×
- 1.2×
- 68.7×
- –
- 1.5%
- 85.0%
- 0.0%
Profitability
- –
- 12,788.1%
- 99.9%
- 12,788.1%
- 50.2%
- 11.6%
- 69.8%
- 50.2%
- 50.2%
- –
Growth
- +328.6%
- +304.5%
- +624.4%
- –
- +9.4%
Financial health
- -0.0×
- 0.00
- 0.0%
- –
- –
- –
- 0.00
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.
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 | 1.04 | – | – |
| Mar 18, 2026 | 8.32 | – | – |
| Nov 13, 2025 | 3.62 | – | – |
| Aug 18, 2025 | 0.71 | – | – |
| May 15, 2025 | 1.78 | – | – |
| Mar 20, 2025 | -0.81 | – | – |
| Nov 19, 2024 | 0.70 | – | – |
| Aug 16, 2024 | 1.44 | – | – |
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
5/7Passes 5 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.
Questions about Sprott Physical Silver
Is Sprott Physical Silver a good stock to buy?
A strong, very profitable business, and the price looks low. 5 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 Silver AI analysis
What does Sprott Physical Silver do?
Sprott Physical Silver 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 silver bullion in London Good Delivery bar form. It is in Asset Management.
Does Sprott Physical Silver pay a dividend?
No. Sprott Physical Silver does not pay a dividend at the moment; in 2025 it returned $124,000 to shareholders by buying back its own shares.
Is Sprott Physical Silver stock halal?
Yes. Sprott Physical Silver 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 Silver stock done over the past year?
Down 8.6% over the past twelve months, to $15.78. It traded between $15.78 and $36.36 and is 56.6% below its high.
Who are Sprott Physical Silver'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 Silver's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



