Sprott Physical Platinum & Palladium Trust (SPPP) Equity Ratio (2016 - 2025)

Sprott Physical Platinum & Palladium Trust has reported Equity Ratio for 10 years, with the latest figure at 0.99 in Q4 2025.

• For the quarter ending Q4 2025, Equity Ratio fell 0.94% year-over-year to 0.99; the trailing twelve-month figure through Dec 2025 stood at 0.99 (down 0.94% YoY), and the FY2025 full-year result was 0.99, down 0.94% from the prior year.
• Equity Ratio for Q4 2025 stood at 0.99, down from 1.0 in the prior quarter.
• The five-year high for Equity Ratio was 1.0 in Q4 2022, with the low at 0.99 in Q4 2025.
• Historically, Equity Ratio has averaged 1.0 across 5 years, with a median of 1.0 in 2024.
• Annual changes were most pronounced in 2022 — Equity Ratio grew 0.44% — and 2025, when it dropped 0.94%.
• Sprott Physical Platinum & Palladium Trust's Equity Ratio stood at 1.0 in 2021, then rose by 0.44% to 1.0 in 2022, then decreased by 0.14% to 1.0 in 2023, then retreated by 0.01% to 1.0 in 2024, then slipped by 0.94% to 0.99 in 2025.
• The last three Equity Ratio figures came in at 0.99 (Q4 2025), 1.0 (Q4 2024), and 1.0 (Q4 2023), per Business Quant data.