Sprott Physical Gold Trust (PHYS) Invested Capital (2016 - 2025)

Sprott Physical Gold Trust's (PHYS) quarterly Invested Capital came in at $16.0 billion in Q4 2025, up 85.6% year-on-year from $8.6 billion in Q4 2024, and up 85.6% quarter-over-quarter from $8.6 billion in Q4 2024.

Sprott Physical Gold Trust (PHYS) Invested Capital (2016 - 2025) Analysis & Trends

Sprott Physical Gold Trust has disclosed Invested Capital across 10 years of filings, most recently posting $16.0 billion for Q4 2025.

  • Invested Capital for Q4 2025 came in at $16.0 billion, up 85.6% year-over-year; the trailing twelve-month figure through Dec 2025 was $16.0 billion (up 85.6% YoY), and the FY2025 annual result was $16.0 billion, up 85.6% from the prior year.
  • Invested Capital came in at $16.0 billion for Q4 2025 at Sprott Physical Gold Trust, up from $8.6 billion in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $16.0 billion in Q4 2025 to a low of $5.0 billion in Q4 2021.
  • The 5-year median for Invested Capital is $6.5 billion (2023), against an average of $8.4 billion.
  • Across the five-year window, Invested Capital rose 2.35% in 2021 and surged 85.6% in 2025, its largest moves.
  • Sprott Physical Gold Trust's Invested Capital stood at $5.0 billion in 2021, then advanced by 14.74% to $5.7 billion in 2022, then climbed by 13.67% to $6.5 billion in 2023, then soared by 31.79% to $8.6 billion in 2024, then jumped by 85.6% to $16.0 billion in 2025.
  • The last three Invested Capital figures came in at $16.0 billion (Q4 2025), $8.6 billion (Q4 2024), and $6.5 billion (Q4 2023), per Business Quant data.

Peer Comparison

Historic Data

Download Data
DateValue
Dec 31, 2025 15.98 Bn
Dec 31, 2024 8.61 Bn
Dec 31, 2023 6.53 Bn
Dec 31, 2022 5.75 Bn
Dec 31, 2021 5.01 Bn
Dec 31, 2020 4.89 Bn
Dec 31, 2019 2.46 Bn
Dec 31, 2018 2.02 Bn
Dec 31, 2017 2.26 Bn
Dec 31, 2016 2.06 Bn