Sprott Physical Gold Trust (PHYS) Enterprise Value (2016 - 2026)
Sprott Physical Gold Trust (PHYS) posted Enterprise Value of $14.31 billion for the quarter ended Jun 30, 2026, up 35.4% from $10.57 billion a year earlier but down 14.8% from the prior quarter.
Sprott Physical Gold Trust (PHYS) Enterprise Value (2016 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Enterprise Value at Sprott Physical Gold Trust was $14.21 billion, up 35.3% year-over-year; for the year ended Dec 31, 2025, it came in at $15.67 billion, up 86.3% from the prior year.
- Annual Enterprise Value has increased for three consecutive years, with a five-year compound annual growth rate of 26.4% (years ended Dec 2020 to Dec 2025).
- In prior years, Sprott Physical Gold Trust's Enterprise Value was $8.41 billion in the year ended Dec 31, 2024 (+32.1%), $6.37 billion in the year ended Dec 31, 2023 (+31.5%), $4.84 billion in the year ended Dec 31, 2022 (-1.7%) and $4.92 billion in the year ended Dec 31, 2021 (+1.5%).
- Quarterly Enterprise Value has run from a low of $4.39 billion in the quarter ended Sep 30, 2022 to a high of $16.8 billion in the quarter ended Mar 31, 2026 over five years.
- On a year-over-year basis, Enterprise Value has increased in each of the last 14 quarters, with growth averaging 53.7% over the last eight quarters.
- The strongest year-over-year quarter for Enterprise Value in the past five years was the quarter ended Dec 31, 2025, with growth of 86.3%; the weakest was the quarter ended Dec 31, 2022, with a decline of 1.7%.
- According to Business Quant data, Enterprise Value for the three prior quarters was $16.8 billion (quarter ended Mar 31, 2026), $15.67 billion (quarter ended Dec 31, 2025) and $12.36 billion (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Citigroup | 219.44 Bn | -2,080.43 Bn | 24.75 Bn |
| 2 | Bhp | 215.50 Bn | 159.30 Bn | - |
| 3 | Bank Of Nova Scotia | 114.31 Bn | -320.91 Bn | - |
| 4 | Nokia | 59.49 Bn | 59.49 Bn | 2.58 Bn |
| 5 | Haleon | 40.60 Bn | 33.79 Bn | - |
| 6 | Gold Fields | 32.92 Bn | 29.72 Bn | - |
| 7 | Sprott Physical Gold Trust | 14.95 Bn | 14.82 Bn | - |
| 8 | Sprott Physical Silver Trust | 12.17 Bn | 11.84 Bn | - |
| 9 | Magnum Ice Cream | 11.35 Bn | 10.03 Bn | - |
| 10 | Sprott Physical Gold & Silver Trust | 8.00 Bn | 7.94 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.31 Bn |
| Mar 31, 2026 | 16.80 Bn |
| Dec 31, 2025 | 15.67 Bn |
| Sep 30, 2025 | 12.36 Bn |
| Jun 30, 2025 | 10.57 Bn |
| Mar 31, 2025 | 10.03 Bn |
| Dec 31, 2024 | 8.41 Bn |
| Sep 30, 2024 | 8.15 Bn |
| Jun 30, 2024 | 7.23 Bn |
| Mar 31, 2024 | 6.93 Bn |
| Dec 31, 2023 | 6.37 Bn |
| Sep 30, 2023 | 4.91 Bn |
| Jun 30, 2023 | 5.11 Bn |
| Mar 31, 2023 | 5.30 Bn |
| Dec 31, 2022 | 4.84 Bn |
| Sep 30, 2022 | 4.39 Bn |
| Jun 30, 2022 | 4.86 Bn |
| Mar 31, 2022 | 5.27 Bn |
| Dec 31, 2021 | 4.92 Bn |
| Sep 30, 2021 | 4.42 Bn |
Sprott Physical Gold Trust Enterprise Value API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=enterprise-value&ticker=PHYS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "ticker": "PHYS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=enterprise-value&ticker=PHYS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();