Source SEC Filings (10-K/10-Q)Updated Dec 31, 2025Currency USDFYE December
This page shows abrdn Physical Palladium Shares ETF (PALL) financial statements, including the
income statement, balance sheet, cash flow statement, and key financial ratios.
View 16 years of annual fundamentals and quarterly data, with year-over-year
growth rates and compound annual growth rates (CAGR).
All figures are derived from SEC filings (10-K and 10-Q reports).
abrdn Physical Palladium Shares ETF reported $321.9M in net income in fiscal year 2025. This represents an increase of 575.9% from the prior year.
EPS (Diluted)
N/A
Cash & Balance Sheet
Free Cash Flow
N/A
Cash & Debt
N/A
Dividends Per Share
N/A
Shares Outstanding
7M
YoY+70.7%
5Y CAGR+35.0%
10Y CAGR+7.7%
abrdn Physical Palladium Shares ETF had 7M shares outstanding in fiscal year 2025. This represents an increase of 70.7% from the prior year.
Margins & Returns
Gross Margin
N/A
Operating Margin
N/A
Net Margin
N/A
Return on Equity
31.1%
YoY+50.2pp
5Y CAGR+14.1pp
10Y CAGR+89.1pp
abrdn Physical Palladium Shares ETF's ROE was 31.1% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 50.2 percentage points from the prior year.
Capital Allocation
R&D Spending
N/A
Share Buybacks
N/A
Capital Expenditures
N/A
PALL Income Statement
Metric
FY25
FY24
FY23
FY22
FY21
FY20
Revenue
N/A
N/A
N/A
N/A
N/A
N/A
Cost of Revenue
N/A
N/A
N/A
N/A
N/A
N/A
Gross Profit
N/A
N/A
N/A
N/A
N/A
N/A
R&D Expenses
N/A
N/A
N/A
N/A
N/A
N/A
SG&A Expenses
N/A
N/A
N/A
N/A
N/A
N/A
Operating Income
N/A
N/A
N/A
N/A
N/A
N/A
Interest Expense
N/A
N/A
N/A
N/A
N/A
N/A
Income Tax
N/A
N/A
N/A
N/A
N/A
N/A
Net Income
$321.9M+575.9%
-$67.6M+39.3%
-$111.4M-84.2%
-$60.5M+17.1%
-$72.9M-220.3%
$60.6M
EPS (Diluted)
N/A
N/A
N/A
N/A
N/A
N/A
Metric
Q4'25
Q3'25
Q2'25
Q1'25
Q4'24
Q3'24
Q2'24
Q1'24
Revenue
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Cost of Revenue
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Gross Profit
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
R&D Expenses
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
SG&A Expenses
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Operating Income
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Interest Expense
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Income Tax
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Net Income
N/A
$47.3M-22.8%
$61.3M+104.2%
$30.0M
N/A
$9.9M+188.5%
-$11.2M+46.9%
-$21.1M
EPS (Diluted)
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
PALL Balance Sheet
Metric
FY25
FY24
FY23
FY22
FY21
FY20
Total Assets
$1.0B+192.4%
$354.2M+61.4%
$219.4M-25.8%
$295.6M-17.5%
$358.2M+0.5%
$356.4M
Current Assets
N/A
N/A
N/A
N/A
N/A
N/A
Cash & Equivalents
N/A
N/A
N/A
N/A
N/A
N/A
Inventory
N/A
N/A
N/A
N/A
N/A
N/A
Accounts Receivable
N/A
N/A
N/A
N/A
N/A
N/A
Goodwill
N/A
N/A
N/A
N/A
N/A
N/A
Total Liabilities
$495K+167.6%
$185K+65.2%
$112K-23.8%
$147K-22.6%
$190K+2.2%
$186K
Current Liabilities
N/A
N/A
N/A
N/A
N/A
N/A
Long-Term Debt
N/A
N/A
N/A
N/A
N/A
N/A
Total Equity
$1.0B+192.5%
$354.1M+61.4%
$219.3M-25.8%
$295.5M-17.5%
$358.0M+0.5%
$356.2M
Retained Earnings
N/A
N/A
N/A
N/A
N/A
N/A
Metric
Q4'25
Q3'25
Q2'25
Q1'25
Q4'24
Q3'24
Q2'24
Q1'24
Total Assets
$1.0B+66.4%
$622.4M+20.7%
$515.5M+39.7%
$369.0M+4.2%
$354.2M+29.8%
$273.0M-3.9%
$284.1M+26.7%
$224.2M
Current Assets
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Cash & Equivalents
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Inventory
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Accounts Receivable
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Goodwill
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Total Liabilities
$495K+71.9%
$288K+18.5%
$243K+38.9%
$175K-5.4%
$185K+32.1%
$140K-4.8%
$147K+30.1%
$113K
Current Liabilities
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Long-Term Debt
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Total Equity
$1.0B+66.4%
$622.1M+20.7%
$515.3M+39.7%
$368.9M+4.2%
$354.1M+29.8%
$272.9M-3.9%
$284.0M+26.7%
$224.0M
Retained Earnings
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
PALL Financial Ratios
Metric
FY25
FY24
FY23
FY22
FY21
FY20
Gross Margin
N/A
N/A
N/A
N/A
N/A
N/A
Operating Margin
N/A
N/A
N/A
N/A
N/A
N/A
Net Margin
N/A
N/A
N/A
N/A
N/A
N/A
Return on Equity
31.1%+50.2pp
-19.1%+31.7pp
-50.8%-30.3pp
-20.5%-0.1pp
-20.4%-37.4pp
17.0%
Return on Assets
31.1%+50.2pp
-19.1%+31.7pp
-50.8%-30.3pp
-20.5%-0.1pp
-20.4%-37.4pp
17.0%
Current Ratio
N/A
N/A
N/A
N/A
N/A
N/A
Debt-to-Equity
0.000.0
0.000.0
0.000.0
0.000.0
0.000.0
0.00
FCF Margin
N/A
N/A
N/A
N/A
N/A
N/A
Metric
Q4'25
Q3'25
Q2'25
Q1'25
Q4'24
Q3'24
Q2'24
Q1'24
Gross Margin
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Operating Margin
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Net Margin
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Return on Equity
N/A
7.6%-4.3pp
11.9%+3.8pp
8.1%
N/A
3.6%+7.6pp
-4.0%+5.5pp
-9.4%
Return on Assets
N/A
7.6%-4.3pp
11.9%+3.8pp
8.1%
N/A
3.6%+7.6pp
-4.0%+5.5pp
-9.4%
Current Ratio
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Debt-to-Equity
0.000.0
0.000.0
0.000.0
0.000.0
0.000.0
0.000.0
0.000.0
0.00
FCF Margin
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Frequently Asked Questions
Is abrdn Physical Palladium Shares ETF profitable?
Yes, abrdn Physical Palladium Shares ETF (PALL) reported a net income of $321.9M in fiscal year 2025.
What is abrdn Physical Palladium Shares ETF's return on equity (ROE)?
abrdn Physical Palladium Shares ETF (PALL) has a return on equity of 31.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What are abrdn Physical Palladium Shares ETF's total assets?
abrdn Physical Palladium Shares ETF (PALL) had $1.0B in total assets as of fiscal year 2025, including both current and long-term assets.
How many shares does abrdn Physical Palladium Shares ETF have outstanding?
abrdn Physical Palladium Shares ETF (PALL) had 7M shares outstanding as of fiscal year 2025.
What is abrdn Physical Palladium Shares ETF's debt-to-equity ratio?
abrdn Physical Palladium Shares ETF (PALL) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is abrdn Physical Palladium Shares ETF's return on assets (ROA)?
abrdn Physical Palladium Shares ETF (PALL) had a return on assets of 31.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
