CEF (Sprott Physical Gold and Silver Trust) Net Income: $4,074 Mil (TTM As of Mar. 2026)


CEF Sprott Physical Gold and Silver Trust CEF
52 GF Score
Price $41.08
GF Value $121.38
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Sprott Physical Gold and Silver Trust Net Income?

Sprott Physical Gold and Silver Trust CEF 52 Net Income is $4,074 Mil as of Mar. 2026. GuruFocus rates CEF with a GF Score™ of 52/100 and a GF Value™ of $121.38 (Significantly Undervalued). The stock has 2 warning signs investors should review.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Sprott Physical Gold and Silver Trust's Net Income for the three months ended in Mar. 2026 was $630 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was $4,074 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Sprott Physical Gold and Silver Trust's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was $3.31.


Sprott Physical Gold and Silver Trust  (ARCA:CEF) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Sprott Physical Gold and Silver Trust's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Sprott Physical Gold and Silver Trust Net Income Related Terms


Sprott Physical Gold and Silver Trust Net Income Historical Data

* Premium members only.

The historical data trend for Sprott Physical Gold and Silver Trust's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sprott Physical Gold and Silver Trust Net Income Chart

Sprott Physical Gold and Silver Trust Annual Data
Trend Oct16 Oct17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -310.70 4.73 308.54 1,016.97 4,358.85

Sprott Physical Gold and Silver Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 915.51 326.82 1,245.26 1,871.26 630.34
CEF
52GF Score
Sprott Physical Gold and Silver Trust CEF
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Sprott Physical Gold and Silver Trust Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Sprott Physical Gold and Silver Trust's Net Income for the fiscal year that ended in Dec. 2025 is calculated as

Net Income(A: Dec. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=4358.847+0+0+0
=4,359

Sprott Physical Gold and Silver Trust's Net Income for the quarter that ended in Mar. 2026 is calculated as

Net Income(Q: Mar. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=630.335+0+0+0
=630

Net Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $4,074 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of $4,074 Mil mean?
Sprott Physical Gold and Silver Trust (CEF) has a Net Income of $4,074 Mil as of Mar. 2026. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Sprott Physical Gold and Silver Trust and its competitors.
Is Sprott Physical Gold and Silver Trust's Net Income too high?
Sprott Physical Gold and Silver Trust's current Net Income is $4,074 Mil. Overall, Sprott Physical Gold and Silver Trust has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sprott Physical Gold and Silver Trust's Net Income compare to BLK and BX?
Sprott Physical Gold and Silver Trust's Net Income of $4,074 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for an Asset Management company?
A good Net Income depends on the Asset Management industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Sprott Physical Gold and Silver Trust and its competitors. Sprott Physical Gold and Silver Trust's current Net Income is $4,074 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sprott Physical Gold and Silver Trust stock overvalued right now?
Based on GuruFocus' analysis, Sprott Physical Gold and Silver Trust (CEF) is currently considered Significantly Undervalued. The stock's GF Value™ is $121.38, compared to a current price of $41.08 — trading 66.2% below its estimated fair value. The current Net Income is $4,074 Mil. Sprott Physical Gold and Silver Trust's overall GF Score™ is 52/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Sprott Physical Gold and Silver Trust (CEF), the current Net Income is $4,074 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Sprott Physical Gold and Silver Trust (CEF) Overvalued in 2026?

Based on GuruFocus' analysis, Sprott Physical Gold and Silver Trust stock appears to be undervalued. The current stock price of $41.08 is trading 66.2% below its estimated GF Value™ of $121.38. GuruFocus considers Sprott Physical Gold and Silver Trust to be Significantly Undervalued.

Key valuation signals for CEF:

  • Net Income: $4,074 Mil
  • GF Value™: $121.38 vs. price of $41.08 (66.2% below fair value)
  • GF Score™: 52/100 with 2 warning signs

No single metric tells the full story. See the CEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sprott Physical Gold and Silver Trust Business Description

Other Exchanges CEF.U:CanadaCEF:Canada
Address 200 Bay Street, Suite 2600, P.O. Box 26, Royal Bank Plaza, South Tower, Calgary, AB, CAN, M5J 2J1
Sprott Physical Gold and Silver Trust is a closed end mutual fund trust. The trust invests and holds all of its assets in physical gold and silver bullion and seeks to provide a secure, convenient and exchange-traded investment alternative for investors interested in holding physical bullion without the inconvenience that is typical of direct investment. Its objective is to invest in long-term holdings of unencumbered, fully allocated, physical gold and silver bullion and does not speculate with regard to short-term changes in bullion prices.
52GF Score

Get the complete analysis for CEF

Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$41.08
Price
$121.38
GF Value