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Pershing Square HoldingsLSE:PSH -0.41%36 Debt-to-Equity is 0.28 as of Jun. 2026, which is 22% above its 10-year median of 0.23. GuruFocus rates LSE:PSH with a GF Score™ of 36/100. The stock has 4 warning signs investors should review. Among 951 Asset Management companies, Pershing Square Holdings ranks worse than 56.57% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Pershing Square Holdings's Debt-to-Equity or its related term are showing as below:
LSE:PSH'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.18 Med: 0.23 Max: 0.28
Current: 0.28
During the past 12 years, the highest Debt-to-Equity Ratio of Pershing Square Holdings was 0.28. The lowest was 0.18. And the median was 0.23.
LSE:PSH's Debt-to-Equity is ranked worse than 56.57% of 951
companies
in the Asset Management industry
Industry Median: 0.21
vs LSE:PSH: 0.28
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Pershing Square Holdings Debt-to-Equity Related Terms
Pershing Square Holdings Debt-to-Equity Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
LSE:PSH vs BLK, BX, KKR: Debt-to-Equity Comparison
For the Asset Management subindustry, Pershing Square Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Pershing Square Holdings Debt-to-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Pershing Square Holdings's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Pershing Square Holdings's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Pershing Square Holdings (LSE:PSH) has a Debt-to-Equity of 0.28 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Pershing Square Holdings and its competitors. This is 22% above median its historical median of 0.23. Over the past decade, Pershing Square Holdings' Debt-to-Equity has ranged from 0.18 to 0.28. According to the industry distribution chart, Pershing Square Holdings ranks #538 out of 951 companies in the Asset Management industry, placing it in the top 56.6%.
Is Pershing Square Holdings' Debt-to-Equity too high?
Pershing Square Holdings' current Debt-to-Equity of 0.28 is 22% above median its 10-year median of 0.23. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.28. The Asset Management industry median Debt-to-Equity is 0.21. Pershing Square Holdings' value of 0.28 is 33.3% above this industry median. Based on the distribution chart, Pershing Square Holdings ranks #538 out of 951 companies in the Asset Management industry, which is below the industry midpoint. Overall, Pershing Square Holdings has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Pershing Square Holdings' Debt-to-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Pershing Square Holdings ranks #538 out of 951 companies for Debt-to-Equity. This places Pershing Square Holdings in the lower half of its industry. The industry median Debt-to-Equity is 0.21. Pershing Square Holdings' value of 0.28 is 33.3% above this benchmark. Historically, Pershing Square Holdings' own Debt-to-Equity has ranged from 0.18 to 0.28 over the past decade. While the company's 10-year median is 0.23 vs. the industry median of 0.21, Pershing Square Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Asset Management company?
The median Debt-to-Equity among Asset Management companies is 0.21, based on 951 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pershing Square Holdings's current Debt-to-Equity of 0.28 is 33.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Pershing Square Holdings and its competitors. For the Asset Management industry, the median Debt-to-Equity is 0.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pershing Square Holdings's current Debt-to-Equity is 0.28, which is 22% above median its own 10-year median of 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pershing Square Holdings stock overvalued right now?
Pershing Square Holdings (LSE:PSH) has a current Debt-to-Equity of 0.28. The current Debt-to-Equity is 0.28, which is 22% above median its 10-year median of 0.23 and 33.3% above the Asset Management industry median of 0.21. Pershing Square Holdings' overall GF Score™ is 36/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Pershing Square Holdings (LSE:PSH), the current Debt-to-Equity is 0.28 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Pershing Square Holdings Ltd is a closed-ended investment scheme. The company's investment objective is to preserve capital and to seek maximum, long-term capital appreciation commensurate with reasonable risk. It seeks to achieve its investment objective through long and occasionally short positions in equity or debt securities of public U.S. and non-U.S. issuers, derivative instruments, and other financial instruments.
36GF Score
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