Sprott Physical Gold Trust Return on Equity (ROE) Growth & History (PHYS)
Sprott Physical Gold Trust's return on equity was 48.39% for fiscal 2025.
View full Sprott Physical Gold Trust company overviewSprott Physical Gold Trust annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 48.39% | +25.56 pp |
| 2024 | 2024-12-31 | 22.83% | +11.04 pp |
| 2023 | 2023-12-31 | 11.79% | +13.32 pp |
| 2022 | 2022-12-31 | −1.53% | +2.47 pp |
| 2021 | 2021-12-31 | −4.00% | −24.32 pp |
| 2020 | 2020-12-31 | 20.32% | +4.26 pp |
| 2019 | 2019-12-31 | 16.06% | +18.68 pp |
| 2018 | 2018-12-31 | −2.62% | −14.44 pp |
| 2017 | 2017-12-31 | 11.82% | — |
Sprott Physical Gold Trust quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | −15.30% | −20.76 pp |
| Q1 2026 | 2026-03-31 | 7.88% | −9.17 pp |
| Q4 2025 | 2025-12-31 | 11.15% | — |
| Q3 2025 | 2025-09-30 | 15.37% | — |
| Q2 2025 | 2025-06-30 | 5.46% | — |
| Q1 2025 | 2025-03-31 | 17.05% | — |
Sprott Physical Gold Trust return on equity trends
Over the last five fiscal years, Sprott Physical Gold Trust's return on equity increased from 20.32% to 48.39%, a change of +28.08 percentage points. The latest reported quarter, Q2 2026, shows −15.30%.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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