Pershing Square Holdings Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	201.27	1,142	436.52	1,929	1,147	1,768
Trading Asset Securities	16,363	18,029	15,115	12,919	10,579	13,028
Cash & Short-Term Investments	16,564	19,171	15,551	14,848	11,726	14,796
Cash Growth	-7.68%	23.28%	4.74%	26.62%	-20.75%	34.84%
Accounts Receivable	13.71	12.6	16.93	15.07	13.11	9.82
Other Receivables	-	-	10.58	-	-	-
Receivables	13.71	12.6	27.51	15.07	13.11	9.82
Prepaid Expenses	-	1.63	1.27	1.24	0.88	0.47
Other Current Assets	137.02	176.33	52.49	264.63	1,212	1,002
Total Current Assets	16,715	19,361	15,632	15,129	12,952	15,808
Total Assets	16,715	19,361	15,632	15,129	12,952	15,808
Accounts Payable	4.66	1.18	2.67	2.34	2.94	1.84
Accrued Expenses	8.18	530.56	225.39	588.81	672.43	1,238
Other Current Liabilities	94.63	36.46	4.41	38.1	11.73	38.85
Total Current Liabilities	107.46	568.2	232.47	629.25	739.31	1,352
Long-Term Debt	3,622	3,669	2,321	2,352	2,333	3,009
Long-Term Deferred Tax Liabilities	50.16	74.78	67.89	84.83	-	37.97
Total Liabilities	3,779	4,312	2,621	3,066	3,072	4,399
Common Stock	5,722	5,722	5,722	5,722	5,722	5,722
Retained Earnings	8,532	10,526	8,118	7,052	4,664	5,930
Treasury Stock	-1,319	-1,198	-829.37	-711.46	-506.86	-242.96
Shareholders' Equity	12,936	15,049	13,011	12,063	9,880	11,409
Total Liabilities & Equity	16,715	19,361	15,632	15,129	12,952	15,808
Total Debt	3,622	3,669	2,321	2,352	2,333	3,009
Net Cash (Debt)	12,943	15,502	13,230	12,496	9,394	11,786
Net Cash Growth	-12.45%	17.17%	5.88%	33.02%	-20.30%	33.18%
Net Cash Per Share	73.29	86.41	71.90	66.18	47.80	59.19
Filing Date Shares Outstanding	174.26	176.38	182.96	185.46	190.86	199.12
Total Common Shares Outstanding	174.26	176.38	182.96	185.46	190.86	199.12
Working Capital	16,608	18,793	15,400	14,499	12,213	14,457
Book Value Per Share	74.23	85.32	71.12	65.04	51.77	57.30
Tangible Book Value	12,936	15,049	13,011	12,063	9,880	11,409
Tangible Book Value Per Share	74.23	85.32	71.12	65.04	51.77	57.30