profit from every $100 of sales.
$0$100
Pershing Square
$44.71+1.59% today
+17.7% since Apr 27, 26
1-year low $24.201-year high $59.75
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2024 to 2025.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Pershing Square sold, what it kept, and what it did with the cash.
Sales went from $455 million in 2024 to $750 million in 2025, with -$210 million of profit last year.
SalesProfit
Pershing Square vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Pershing Square | No profit yet | ||
 BlackRock | 34.0× · Expensive | ||
 Blackstone | 49.1× · Expensive | ||
 Investor | 8.5× · Cheap | ||
 Brookfield | 70.0× · Very expensive |
AI analysis
An AI analyst reads Pershing Square's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2024 | 2025 |
|---|---|---|
| 455 | 750 | |
| 442 | 709 | |
| 319 | 656 | |
| 24 | -216 | |
| -14 | -210 | |
| -0.04 | – | |
| 97.1% | 94.6% | |
| 70.1% | 87.5% | |
| -3.1% | -28.0% |
Balance sheet
| In millions of USD | 2024 | 2025 |
|---|---|---|
| Total assets | 1,319 | 2,793 |
| Cash | 965 | 7 |
| Total debt | 81 | 276 |
| Total liabilities | 352 | 1,025 |
| 0 | 1,705 | |
| 400 | – | |
| 20.9% | -8.7% | |
| – | -12.3% |
Cash flow
| In millions of USD | 2024 | 2025 |
|---|---|---|
| 294 | -134 | |
| 2 | 0 | |
| 293 | -135 | |
| Dividends paid | – | – |
| 299 | 164 | |
| – | – |
Valuation
- –
- –
- –
- 20.2×
- 23.8×
- –
- –
- -0.8%
- -1.2%
- 0.0%
Profitability
- 94.6%
- 87.5%
- -28.0%
- -29.7%
- -17.5%
- –
- -73.1%
- -11.1%
- -17.7%
- –
Growth
- +64.7%
- –
- –
- –
- –
Financial health
- –
- 3.03
- 44.1%
- -4.9×
- 1.65
- 1.65
- 0.34
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 2%of 754
Top 4%of 605
Top 6%of 880
Bottom 21%of 929
News
Pershing Square Calls Meta’s (META) Business Model “One of the Clearest Beneficiaries of AI Integration”Yahoo Finance · Nov 12, 2026Bill Ackman's Pershing Square Says Wall Street Is 'Penalizing Hyperscalers' For Build-Out Costs, Ignoring Growth PotentialYahoo Finance · Nov 3, 2026Ackman’s Pershing Square adds seven investments in 2026, reports Q3 lossYahoo Finance · Nov 3, 2026Citi Just Downgraded Bill Ackman's Pershing Square Stock to Sell, Citing a $45 Price Target Versus Its $60 Peak. Is PS Stock Overvalued After Its April IPO Rally?Yahoo Finance · Oct 17, 2026Pershing Square Inc. decrease dividend by -15.6% to $0.103/shareSeeking Alpha · Oct 2, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
35No pass
Benjamin Graham
16No pass
Philip Fisher
62Pass
Peter Lynch
47No pass
Joel Greenblatt
4No pass
Charlie Munger
40No pass
Terry Smith
51No pass
Questions about Pershing Square
Is Pershing Square a good stock to buy?
A business with weak numbers that is not profitable yet. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Pershing Square AI analysis
What does Pershing Square do?
Pershing Square Inc. operates as an alternative asset manager. The company was formerly known as Pershing Square Holdco, L.P. The company was incorporated in 2024 and is based in New York, New York. It is in Asset Management, based in New York, NY, United States.
Does Pershing Square pay a dividend?
No. Pershing Square does not pay a dividend at the moment; in 2025 it returned $164 million to shareholders by buying back its own shares.
Is Pershing Square stock halal?
Yes. Pershing Square passes our halal screen: its business is permitted and its debt is 2% of its market value, under the 30% limit. How we check
Who are Pershing Square's competitors?
The largest listed companies in the same industry are BlackRock, Blackstone, Investor and Brookfield. The peers table on this page compares their profit, growth and price with Pershing Square's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.