Pershing Square Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Equivalents	55.4	964.86	4.27
Cash & Short-Term Investments	55.4	964.86	4.27
Cash Growth	-94.26%	22488.67%	-
Accounts Receivable	497.33	232.67	321.7
Other Receivables	15.61	8.07	7.68
Receivables	512.94	240.74	329.37
Prepaid Expenses	1.34	0.87	1.4
Restricted Cash	0.12	0.12	0.38
Other Current Assets	-	-	63.07
Total Current Assets	569.81	1,207	398.49
Property, Plant & Equipment	43.42	47.42	53.69
Long-Term Investments	797.22	59.51	65.82
Other Long-Term Assets	290.75	5.27	5.65
Total Assets	1,701	1,319	523.66
Accounts Payable	8.62	6.98	5.58
Accrued Expenses	505.08	241.06	221.23
Current Portion of Leases	6.43	-	-
Current Income Taxes Payable	17.03	13.63	12.82
Other Current Liabilities	10.1	8.74	-
Total Current Liabilities	547.26	270.4	239.63
Long-Term Debt	34.8	34.8	108.73
Long-Term Leases	36.24	46.33	50.61
Long-Term Unearned Revenue	3.79	-	-
Total Liabilities	622.09	351.53	398.96
Common Stock	1,016	920.47	78.84
Total Common Equity	1,016	920.47	78.84
Minority Interest	62.69	46.79	45.85
Shareholders' Equity	1,079	967.26	124.69
Total Liabilities & Equity	1,701	1,319	523.66
Total Debt	77.47	81.13	159.33
Net Cash (Debt)	-22.08	883.73	-155.06
Working Capital	22.55	936.18	158.86
Tangible Book Value	1,016	920.47	78.84
Machinery	3.7	3.33	47.8
Leasehold Improvements	28.4	28.33	28.33

Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q