PS (Pershing Square) FCF Margin %: -17.96% (As of Dec. 2025)


PS Pershing Square Inc PS
10 GF Score
Price $31.54
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What is Pershing Square FCF Margin %?

Pershing Square PS +6.48% 10 FCF Margin % is -17.96% as of Dec. 2025. GuruFocus rates PS with a GF Score™ of 10/100. The stock has 1 warning sign investors should review. Among 1,461 Asset Management companies, Pershing Square ranks worse than 73.65% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Pershing Square's Free Cash Flow for the six months ended in Dec. 2025 was $-134.7 Mil. Pershing Square's Revenue for the six months ended in Dec. 2025 was $750.0 Mil. Therefore, Pershing Square's FCF Margin % for the quarter that ended in Dec. 2025 was -17.96%.

As of today, Pershing Square's current FCF Yield % is -1.07%.

The historical rank and industry rank for Pershing Square's FCF Margin % or its related term are showing as below:

PS' s FCF Margin % Range Over the Past 10 Years
Min: -17.96   Med: 23.18   Max: 64.31
Current: -17.96

During the past 2 years, the highest FCF Margin % of Pershing Square was 64.31%. The lowest was -17.96%. And the median was 23.18%.

PS's FCF Margin % is ranked worse than
73.65% of 1461 companies
in the Asset Management industry
Industry Median: 14.62 vs PS: -17.96

Pershing Square FCF Margin % Related Terms

Pershing Square FCF Margin % Historical Data

* Premium members only.

The historical data trend for Pershing Square's FCF Margin % can be seen below:

* 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 FCF Margin % Chart

Pershing Square Annual Data
Trend Dec24 Dec25
FCF Margin %
64.31 -17.96

Pershing Square Semi-Annual Data
Dec24 Dec25
FCF Margin % 64.31 -17.96

PS vs BEN, CG, PSLV: FCF Margin % Comparison

For the Asset Management subindustry, Pershing Square's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Pershing Square's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Pershing Square's FCF Margin % falls into.


PS
10GF Score
Pershing Square Inc PS
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Pershing Square FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Pershing Square's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-134.682/750.006
=-17.96 %

Pershing Square's FCF Margin for the quarter that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=-134.682/750.006
=-17.96 %

* 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.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of -17.96% mean?
Pershing Square (PS) has a FCF Margin % of -17.96% as of Dec. 2025. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Pershing Square and its competitors. According to the industry distribution chart, Pershing Square ranks #1076 out of 1461 companies in the Asset Management industry, placing it in the top 73.6%.
Is Pershing Square's FCF Margin % too high?
Pershing Square's current FCF Margin % is -17.96%. Based on the distribution chart, Pershing Square ranks #1076 out of 1461 companies in the Asset Management industry, which is below the industry midpoint. Overall, Pershing Square has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Pershing Square's FCF Margin % compare to BEN and CG?
According to the Asset Management industry distribution chart, Pershing Square ranks #1076 out of 1461 companies for FCF Margin %. This places Pershing Square in the lower half of its industry. The industry median FCF Margin % is 14.62. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for an Asset Management company?
The median FCF Margin % among Asset Management companies is 14.62, based on 1,461 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Pershing Square and its competitors. For the Asset Management industry, the median FCF Margin % is 14.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pershing Square's current FCF Margin % is -17.96%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pershing Square stock overvalued right now?
Pershing Square (PS) has a current FCF Margin % of -17.96%. The current FCF Margin % is -17.96%. Pershing Square's overall GF Score™ is 10/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Pershing Square (PS), the current FCF Margin % is -17.96% as of Dec. 2025. 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 Business Description

Address 787 Eleventh Avenue, 9th Floor, New York, NY, USA, 10019
Pershing Square Inc is a main alternative asset manager. It employs a disciplined, research-intensive approach to fundamental value investing to preserve and grow its permanent capital at high rates of return using a set of core investment principles and opportunistic asymmetric hedges. The group generates all of its revenue from management fees and performance fees. It conductbusiness and generates all of its revenues in the United States.
10GF Score

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FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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