profit from every $100 of sales.
$0$100
Sprott Physical Platinum and Palladium
$11.61-0.85% today
-17.6% in 1 year
1-year low $10.961-year high $22.58
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.
0%20% a year
You pay $1.64 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 Platinum and Palladium sold, what it kept, and what it did with the cash.
Sales went from -$4.76 million in 2022 to $292 million in 2025, with $290 million of profit last year.
SalesProfit
Sprott Physical Platinum and Palladium handed back 0% of the cash it generated last year.
Buybacks $17,000
Free cash flow 2025$6M
Bought back its own shares$17,000
Paid as dividends–
Sprott Physical Platinum and Palladium vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Sprott Physical Platinum and Palladium | 1.6× · 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 Platinum and Palladium'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 |
|---|---|---|---|---|
| -5 | -35 | -23 | 292 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| -5 | -36 | -23 | 290 | |
| -0.54 | -3.53 | -1.67 | 10.16 | |
| – | – | – | – | |
| – | – | – | – | |
| 112.5% | 101.9% | 103.2% | 99.4% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 138 | 117 | 168 | 781 |
| Cash | 0 | 1 | 0 | 12 |
| Total debt | – | – | – | – |
| Total liabilities | 0 | 0 | 0 | 9 |
| 138 | 116 | 167 | 772 | |
| 10 | 10 | 14 | 29 | |
| – | – | – | – | |
| -3.9% | -31.0% | -13.9% | 37.6% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -2 | -1 | -1 | 6 | |
| – | – | – | – | |
| -2 | -1 | -1 | 6 | |
| Dividends paid | – | – | – | – |
| 0 | 0 | 0 | 0 | |
| – | – | – | – |
Valuation
- 1.6×
- –
- –
- 0.9×
- 1.6×
- 86.1×
- –
- 1.2%
- 61.1%
- 0.0%
Profitability
- 97.8%
- 411.0%
- 99.4%
- 411.0%
- 37.6%
- -7.0%
- 64.3%
- 37.2%
- 37.6%
- –
Growth
- –
- –
- +557.0%
- –
- +36.2%
Financial health
- -0.0×
- 0.00
- 0.0%
- –
- 1.37
- 1.37
- 0.09
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 688
Top 1%of 900
Bottom 33%of 941
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 |
|---|---|---|---|
| Sep 30, 2023 | 0.05 | – | – |
| Jun 30, 2023 | -1.60 | – | – |
| Mar 31, 2023 | -1.93 | – | – |
| Dec 31, 2022 | -0.45 | – | – |
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.
Warren Buffett
47No pass
Benjamin Graham
79Pass
Philip Fisher
66Pass
Peter Lynch
100Pass
Joel Greenblatt
90Pass
Charlie Munger
69Pass
Terry Smith
59No pass
Questions about Sprott Physical Platinum and Palladium
Is Sprott Physical Platinum and Palladium 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 Platinum and Palladium AI analysis
What does Sprott Physical Platinum and Palladium do?
Sprott Physical Platinum and Palladium Trust is an exchange traded commodity launched and managed by Sprott Asset Management, LP. The fund invests in commodity markets. It invests in physical platinum and palladium bullion in Good Delivery plate or ingot form. It is in Asset Management.
Does Sprott Physical Platinum and Palladium pay a dividend?
No. Sprott Physical Platinum and Palladium does not pay a dividend at the moment; in 2025 it returned $17,000 to shareholders by buying back its own shares.
Is Sprott Physical Platinum and Palladium stock halal?
Yes. Sprott Physical Platinum and Palladium 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 Platinum and Palladium stock done over the past year?
Down 17.6% over the past twelve months, to $11.61. It traded between $10.96 and $22.58 and is 48.6% below its high.
Who are Sprott Physical Platinum and Palladium'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 Platinum and Palladium's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.