Sprott Physical Gold Trust (PHYS) Shares Outstanding (2014 - 2026)
Sprott Physical Gold Trust (PHYS) reported Weighted Average Shares Outstanding of 457.31 million for the quarter ended Sep 30, 2026, up 12.9% from 405.19 million a year earlier and unchanged from the prior quarter.
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Analysis
Sprott Physical Gold Trust (PHYS) Shares Outstanding (2014 - 2026) Analysis & Trends
Dating back to the quarter ended Dec 31, 2014, Sprott Physical Gold Trust's Weighted Average Shares Outstanding record includes 48 quarters.
- Weighted Average Shares Outstanding has increased for six consecutive years, with a five-year compound annual growth rate of 10.7% (years ended Dec 2020 to Dec 2025).
- By year, Weighted Average Shares Outstanding came in at 405.19 million in the year ended Dec 31, 2024 (+1.2%), 400.23 million in the year ended Dec 31, 2023 (+3.7%), 385.92 million in the year ended Dec 31, 2022 (+15.7%) and 333.58 million in the year ended Dec 31, 2021 (+21.5%).
- Year over year, Weighted Average Shares Outstanding has now increased in each of the last 24 quarters, with growth averaging 7.1% over the last eight quarters.
- The year-over-year growth in Weighted Average Shares Outstanding has ranged between 1.2% (the quarter ended Dec 31, 2024) and 21.5% (the quarter ended Sep 30, 2022) over the last five years.
- Per Business Quant data, the three quarters before the quarter ended Sep 30, 2026 came in at 457.31 million (quarter ended Jun 30, 2026), 457.31 million (quarter ended Mar 31, 2026) and 457.31 million (quarter ended Dec 31, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Citigroup | 205.25 Bn | -2,192.43 Bn | 23.76 Bn | 1.67 Bn |
| 2 | Bhp | 201.96 Bn | 156.98 Bn | - | 2.54 Bn |
| 3 | Bank Of Nova Scotia | 114.44 Bn | -316.95 Bn | - | 1.24 Bn |
| 4 | Vylor | 48.40 Bn | 46.20 Bn | 313.00 Mn | 667.80 Mn |
| 5 | Nokia | 46.28 Bn | 46.28 Bn | 2.58 Bn | 5.42 Bn |
| 6 | Haleon | 41.09 Bn | 34.80 Bn | - | 4.49 Bn |
| 7 | Gold Fields | 32.02 Bn | 28.94 Bn | - | 894.97 Mn |
| 8 | Smith & Nephew | 27.46 Bn | 24.86 Bn | - | 867.00 Mn |
| 9 | Sprott Physical Gold Trust | 13.93 Bn | 13.78 Bn | - | 457.31 Mn |
| 10 | Magnum Ice Cream | 12.19 Bn | 10.88 Bn | - | 612.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 457.31 Mn |
| Jun 30, 2026 | 457.31 Mn |
| Mar 31, 2026 | 457.31 Mn |
| Dec 31, 2025 | 457.31 Mn |
| Sep 30, 2025 | 405.19 Mn |
| Jun 30, 2025 | 405.19 Mn |
| Mar 31, 2025 | 405.19 Mn |
| Dec 31, 2024 | 405.19 Mn |
| Sep 30, 2024 | 400.23 Mn |
| Jun 30, 2024 | 400.23 Mn |
| Mar 31, 2024 | 400.23 Mn |
| Dec 31, 2023 | 400.23 Mn |
| Sep 30, 2023 | 385.92 Mn |
| Jun 30, 2023 | 385.92 Mn |
| Mar 31, 2023 | 385.92 Mn |
| Dec 31, 2022 | 385.92 Mn |
| Sep 30, 2022 | 333.58 Mn |
| Jun 30, 2022 | 333.58 Mn |
| Mar 31, 2022 | 333.58 Mn |
| Dec 31, 2021 | 333.58 Mn |
API Access
Sprott Physical Gold Trust Shares Outstanding 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=shares-outstanding&ticker=PHYS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=PHYS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();