Sprott Physical Gold Trust (PHYS) Shares Outstanding (Entity) (2016 - 2025)
Sprott Physical Gold Trust's Shares Outstanding (Entity) was 475.48 million in the quarter ended Dec 31, 2025, up 13.7% from 418.1 million a year earlier.
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Analysis
Sprott Physical Gold Trust (PHYS) Shares Outstanding (Entity) (2016 - 2025) Analysis & Trends
From the quarter ended Dec 31, 2016 onward, Sprott Physical Gold Trust has reported Shares Outstanding (Entity) for 10 quarters.
- Shares Outstanding (Entity) has now increased for three consecutive years, with a five-year compound annual growth rate of 8.1% (years ended Dec 2020 to Dec 2025).
- In earlier years, Shares Outstanding (Entity) was 418.1 million in the year ended Dec 31, 2024 (+4.2%), 401.31 million in the year ended Dec 31, 2023 (+16.9%), 343.32 million in the year ended Dec 31, 2022 (unchanged) and 343.32 million in the year ended Dec 31, 2021 (+6.8%).
- The figure for the quarter ended Dec 31, 2025 marks the highest quarterly Shares Outstanding (Entity) in data going back to the quarter ended Dec 31, 2016.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Entity.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Citigroup | 219.44 Bn | -2,080.43 Bn | 24.75 Bn | 1.68 Bn |
| 2 | Bhp | 215.50 Bn | 159.30 Bn | - | 2.54 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 | - | 895.02 Mn |
| 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
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 475.48 Mn |
| Dec 31, 2024 | 418.10 Mn |
| Dec 31, 2023 | 401.31 Mn |
| Dec 31, 2022 | 343.32 Mn |
| Dec 31, 2021 | 343.32 Mn |
| Dec 31, 2020 | 321.58 Mn |
| Dec 31, 2019 | 200.25 Mn |
| Dec 31, 2018 | 193.64 Mn |
| Dec 31, 2017 | 211.84 Mn |
| Dec 31, 2016 | 217.54 Mn |
API Access
Sprott Physical Gold Trust Shares Outstanding (Entity) 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-entity&ticker=PHYS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-entity", "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-entity&ticker=PHYS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();