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Pershing Square Holdings PSH.L · GBp

N/A · LSE · 🇬🇧 United Kingdom

FTSE 100

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3,926.00p

+1.55%

Close of 9 Nov 2026, in pence

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in USD, from our data supplier.

FY2025

Revenue

$1.72bn

FY2016FY2025

Net income

$2.58bn

FY2016FY2025

Free cash flow

$2.90bn

FY2016FY2025

Shareholders' equity

$15.07bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue$1.72bn$1.66bn$3.14bn$1.57bn$1.17bn$2.76bn$605.9m$27.2m$12.8m−$517.6m
Operating income$2.82bn$1.23bn$2.66bn−$1.12bn$2.63bn$4.10bn$2.33bn−$33.2m−$123.0m−$621.7m
Net income$2.58bn$1.17bn$2.49bn−$1.15bn$2.39bn$3.81bn$2.18bn−$109.1m−$197.5m−$699.7m
Diluted earnings per share14.396.3813.26-5.9312.0319.6910.27-0.54-0.83-0.13

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets$19.39bn$15.63bn$15.13bn$12.95bn$15.81bn$12.54bn$7.21bn$5.11bn$5.70bn$6.29bn
Cash and short-term investments$1.14bn$436.1m$14.63bn$11.73bn$14.80bn$10.97bn$6.96bn$4.68bn$4.22bn$4.71bn
Total liabilities$4.32bn$2.62bn$3.07bn$3.09bn$4.40bn$3.49bn$1.64bn$1.36bn$1.61bn$1.93bn
Debt—$2.32bn$2.35bn$2.33bn$3.01bn$2.12bn$1.58bn$1.10bn$1.17bn$1.56bn
Shareholders' equity$15.07bn$13.01bn$12.06bn$9.93bn$11.41bn$9.05bn$5.57bn$3.75bn$4.09bn$4.36bn
Shares outstanding179m184m188m194m199m193m212m201m237m5,240m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations$2.90bn−$1.27bn$2.84bn$366.0m−$914.3m$336.6m$882.8m−$580.0m−$919.2m$1.66bn
Capital spending−$4—−$3—−$4−$6————
Free cash flow$2.90bn−$1.27bn$2.84bn$366.0m−$914.3m$336.6m$882.8m−$580.0m−$919.2m$1.66bn
Dividends paid−$120.7m−$107.2m−$98.8m−$93.3m−$79.7m−$81.1m−$87.7m−$87.7m−$87.7m−$87.7m

Latest quarters

By quarter end

Jun 2026Dec 2025Jun 2025Mar 2025Dec 2024Sept 2024Jun 2024Mar 2024
Revenue−$1.80bn$468.5m$1.26bn$1.26bn$402.5m$402.5m$427.9m$427.9m
Operating income−$1.91bn$1.80bn$1.02bn$1.02bn$300.7m$300.7m$630.7m$315.5m
Net income−$1.93bn$1.62bn$958.8m$958.8m$261.7m$261.7m$325.2m$325.2m
Diluted earnings per share-11.009.055.345.341.421.421.771.77
Cash from operations−$756.0m$301.0m$450.0m$225.0m$280.0m−$653.0m$41.0m$20.0m
Total assets$16.72bn$19.39bn$18.70bn$18.70bn$15.63bn$15.63bn$15.34bn$15.34bn
Cash and short-term investments$16.56bn$1.14bn$17.94bn$17.94bn$436.1m$15.55bn$14.74bn$14.74bn
Shareholders' equity$12.94bn$15.07bn$14.71bn$14.71bn$13.01bn$13.01bn$12.59bn$12.59bn

Financial ratios

Data as of 5 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015
Operating margin—98.7%84.6%93.8%99.0%98.4%99.9%————
Net margin94.1%97.4%79.1%99.1%95.5%94.7%—————
Return on equity16.8%9.0%20.6%-11.9%21.4%39.5%—————
Return on assets13.0%7.5%16.4%-9.0%15.4%28.5%—————
Revenue growth122.7%-61.6%-365.6%-146.4%-32.4%72.1%—————
Earnings growth115.2%-52.8%-312.1%-148.1%-31.8%70.3%—————
Current ratio2.14x1.88x160.75x187.81x3.83x2.72x—————
Debt to equity———————0.27x0.25x0.23x0.20x
Equity ratio77.7%83.2%79.7%76.3%72.2%72.2%—————
Interest coverage—16.00x30.58x-11.12x24.86x45.83x34.12x————
Buybacks as a share of market value2.5%1.9%3.4%2.5%-3.0%8.9%—————

Growth per year

Compound annual rate

3 years5 years10 years
Revenue3.2%-9.0%—
Operating income—-7.2%—
Net income—-7.5%—

Average margins

Over each period

1 year3 years5 years10 years
Operating margin119.6%69.0%102.4%114.6%
Net margin110.9%62.9%93.9%101.3%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings4.57.63.4-5.93.41.81.9-23.9-16.5-9682.3
Price to sales6.85.42.74.36.92.56.795.8254.8-13089.9

Dividends and splits

Per share, in the currency the company pays

Paid for 7 years. Last went ex-dividend on 13 Aug 2026.

FY2026FY2025FY2024FY2023FY2022FY2020FY2019
Paid in the year0.5510.6580.5820.5230.4750.800.40

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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