Sprott Physical Gold Trust (PHYS) Market Capitalization (2016 - 2026)
Sprott Physical Gold Trust's Market Capitalization was $14.35 billion in the quarter ended Jun 30, 2026, up 35.3% from $10.6 billion a year earlier but down 14.9% from the prior quarter.
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Analysis
Sprott Physical Gold Trust (PHYS) Market Capitalization (2016 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Market Capitalization at Sprott Physical Gold Trust came in at $15.7 billion, up 86.5% from the prior year.
- Market Capitalization has now increased for three consecutive years, with a five-year compound annual growth rate of 26.5% (years ended Dec 2020 to Dec 2025).
- In earlier years, Market Capitalization was $8.42 billion in the year ended Dec 31, 2024 (+31.7%), $6.39 billion in the year ended Dec 31, 2023 (+32.1%), $4.84 billion in the year ended Dec 31, 2022 (-1.8%) and $4.93 billion in the year ended Dec 31, 2021 (+1.6%).
- Quarterly Market Capitalization has moved between $4.39 billion (the quarter ended Sep 30, 2022) and $16.85 billion (the quarter ended Mar 31, 2026) over five years.
- Compared with a year earlier, Market Capitalization has increased for 14 straight quarters, with growth averaging 53.7% over the last eight quarters.
- The best year-over-year quarter for Market Capitalization over five years was the quarter ended Dec 31, 2025 (growth of 86.5%); the worst was the quarter ended Dec 31, 2022 (a decline of 1.8%).
- Per Business Quant data, PHYS's Market Capitalization in the three quarters before the quarter ended Jun 30, 2026 was $16.85 billion (quarter ended Mar 31, 2026), $15.7 billion (quarter ended Dec 31, 2025) and $12.38 billion (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Citigroup | 217.23 Bn | -2,082.64 Bn | 24.75 Bn |
| 2 | Bhp | 215.58 Bn | 159.38 Bn | - |
| 3 | Bank Of Nova Scotia | 112.36 Bn | -322.86 Bn | - |
| 4 | Nokia | 58.28 Bn | 58.28 Bn | 2.58 Bn |
| 5 | Haleon | 40.29 Bn | 33.48 Bn | - |
| 6 | Gold Fields | 32.31 Bn | 29.12 Bn | - |
| 7 | Sprott Physical Gold Trust | 14.84 Bn | 14.70 Bn | - |
| 8 | Sprott Physical Silver Trust | 11.90 Bn | 11.57 Bn | - |
| 9 | Magnum Ice Cream | 10.88 Bn | 9.56 Bn | - |
| 10 | Sprott Physical Gold & Silver Trust | 7.92 Bn | 7.86 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.35 Bn |
| Mar 31, 2026 | 16.85 Bn |
| Dec 31, 2025 | 15.70 Bn |
| Sep 30, 2025 | 12.38 Bn |
| Jun 30, 2025 | 10.60 Bn |
| Mar 31, 2025 | 10.06 Bn |
| Dec 31, 2024 | 8.42 Bn |
| Sep 30, 2024 | 8.18 Bn |
| Jun 30, 2024 | 7.25 Bn |
| Mar 31, 2024 | 6.94 Bn |
| Dec 31, 2023 | 6.39 Bn |
| Sep 30, 2023 | 4.92 Bn |
| Jun 30, 2023 | 5.12 Bn |
| Mar 31, 2023 | 5.31 Bn |
| Dec 31, 2022 | 4.84 Bn |
| Sep 30, 2022 | 4.39 Bn |
| Jun 30, 2022 | 4.87 Bn |
| Mar 31, 2022 | 5.28 Bn |
| Dec 31, 2021 | 4.93 Bn |
| Sep 30, 2021 | 4.44 Bn |
API Access
Sprott Physical Gold Trust Market Capitalization 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=market-capitalization&ticker=PHYS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "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=market-capitalization&ticker=PHYS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();