Spdr Gold Trust GLD
NYSE GLD
$406.84 -3.43 (-0.84%)
At close: Sep 4, 2026 · 4:00 PM EDT

Spdr Gold Trust (GLD) EV to EBITDA (2009 - 2026)

Spdr Gold Trust's (GLD) quarterly EV to EBITDA came in at 2.86 in Q2 2026, up 175.44% year-over-year from 1.04 in Q2 2025, and up 117.84% quarter-over-quarter from 16.06 in Q1 2026.

Analysis

Spdr Gold Trust (GLD) EV to EBITDA (2009 - 2026) Analysis & Trends

Spdr Gold Trust (GLD) has reported EV to EBITDA for 18 consecutive years, with 2.86 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, EV to EBITDA rose 175.44% year-over-year to 2.86 in Q2 2026; TTM through Jun 2026 was 759.43, a 2.3% increase from a year earlier, with the FY2025 full-year figure at 3.58, down 11496.47% from the prior year.
  • EV to EBITDA was 2.86 for Q2 2026 at Spdr Gold Trust, up from 16.06 in the prior quarter.
  • Over five years, EV to EBITDA peaked at 2.86 in Q2 2026 and troughed at 1112.16 in Q1 2022.
  • A 5-year average of 561.09 and a median of 913.56 in 2023 frame the typical range for EV to EBITDA.
  • Across the five-year window, EV to EBITDA slumped 10893.92% in 2025 and jumped 175.44% in 2026, its largest moves.
  • Over 5 years, EV to EBITDA stood at 1044.27 in 2022, then decreased by 0.12% to 1045.56 in 2023, then surged by 99.6% to 4.21 in 2024, then surged by 129.92% to 1.26 in 2025, then soared by 127.21% to 2.86 in 2026.
  • The last three EV to EBITDA figures came in at 2.86 (Q2 2026), 16.06 (Q1 2026), and 1.26 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 BlackRock 173.88 Bn 160.24 Bn -
2 Spdr Gold Trust 143.21 Bn -414.80 Bn -
3 World Gold Trust 30.03 Bn -73.04 Bn -
4 Ishares Gold Trust 27.84 Bn -32.27 Bn -
5 Principal Financial 25.04 Bn -27.21 Bn 1.91 Bn
6 iShares Silver Trust 23.18 Bn -5.03 Bn -
7 Franklin Resources 17.63 Bn 15.39 Bn -
8 Invesco 14.60 Bn 14.32 Bn 1.79 Bn
9 Affiliated Managers 9.57 Bn 10.05 Bn -
10 Voya Financial 9.43 Bn 8.80 Bn 1.34 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 2.86
Mar 31, 2026 -16.06
Dec 31, 2025 1.26
Sep 30, 2025 -12.01
Jun 30, 2025 -3.80
Mar 31, 2025 -4.91
Dec 31, 2024 -4.21
Sep 30, 2024 0.11
Jun 30, 2024 -996.90
Mar 31, 2024 -1,060.94
Dec 31, 2023 -1,045.56
Sep 30, 2023 -924.36
Jun 30, 2023 -962.65
Mar 31, 2023 -1,071.44
Dec 31, 2022 -1,044.27
Sep 30, 2022 -902.77
Jun 30, 2022 -941.76
Mar 31, 2022 -1,112.16
Dec 31, 2021 -1,005.01
Sep 30, 2021 -947.49