profit from every £100 of sales.
£0£100
Pershing Square Holdings
£39.32-1.40% today
-20.3% in 1 year
1-year low £36.221-year high £50.40
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, 2023 to 2025.
0%20% a year
You pay £3.58 for every £1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Pershing Square Holdings sold, what it kept, and what it did with the cash.
Sales went from -$1.18 billion in 2022 to $2.57 billion in 2025, with $2.53 billion of profit last year.
SalesProfit
Pershing Square Holdings vs. similar companies
Pershing Square Holdings grows in the middle of these 5 and is the cheapest for its profits.
| Company | Profit from £100 of sales | Sales growth a year | Price per £1 of profit |
|---|---|---|---|
| Pershing Square Holdings | 3.6× · Cheap | ||
 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 Holdings'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 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -1,183 | 2,571 | 1,205 | 2,575 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| -1,172 | 2,486 | 1,174 | 2,525 | |
| -5.96 | 13.17 | 6.38 | 14.08 | |
| – | – | – | – | |
| – | – | – | – | |
| 99.1% | 96.7% | 97.4% | 98.1% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 12,952 | 15,129 | 15,632 | 19,361 |
| Cash | 1,147 | 1,929 | 437 | 1,142 |
| Total debt | 2,333 | 2,352 | 2,321 | 3,669 |
| Total liabilities | 3,072 | 3,066 | 2,621 | 4,312 |
| 9,880 | 12,063 | 13,011 | 15,049 | |
| 197 | 189 | 184 | 179 | |
| – | – | – | – | |
| -11.9% | 20.6% | 9.0% | 16.8% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 366 | 1,080 | -1,266 | -30 | |
| – | – | – | – | |
| 366 | 1,080 | -1,266 | -30 | |
| Dividends paid | 93 | 99 | 107 | 118 |
| 262 | 200 | 120 | 371 | |
| – | – | – | – |
Valuation
- 3.6×
- –
- 1.05
- 0.5×
- 3.5×
- –
- –
- -0.3%
- 27.9%
- 1.3%
Profitability
- –
- –
- 98.1%
- –
- –
- –
- –
- –
- –
- –
Growth
- +0.1%
- +3.4%
- –
- –
- −3.0%
Financial health
- –
- 0.24
- –
- –
- –
- –
- –
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.
Top 2%of 883
Bottom 21%of 880
Bottom 23%of 929
1.3%of the share price, paid each year
On $1,000 invested$13a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
4.7% of its profit
Room to growStretchedMore than it earnsNews
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.
Not enough data
Questions about Pershing Square Holdings
Is Pershing Square Holdings a good stock to buy?
A strong, very profitable business, and the price looks low. 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 Holdings AI analysis
What does Pershing Square Holdings do?
Pershing Square Holdings, Ltd. is a closed-ended balanced fund launched and managed by Pershing Square Capital Management, L.P. It invests in public equity and fixed income markets across the globe. It is in Asset Management, based in New York, NY, United States.
Does Pershing Square Holdings pay a dividend?
Yes. At today's price the dividend is 1.3% a year, about 5% of its yearly profit. In 2025 it paid out £118 million in dividends.
Is Pershing Square Holdings stock halal?
No. Pershing Square Holdings does not pass our halal screen: its debt is 41% of its market value, at or above the 33% limit. How we check
How has Pershing Square Holdings stock done over the past year?
Down 20.3% over the past twelve months, to £39.32. It traded between £36.22 and £50.40 and is 22.0% below its high.
Who are Pershing Square Holdings'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 Holdings's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.