Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Pershing SquarePS -4.34%10 5-Year Yield-on-Cost % is 0.35 as of Jul. 23, 2026. GuruFocus rates PS with a GF Score™ of 10/100. The stock has 1 warning sign investors should review. Among 1,114 Asset Management companies, Pershing Square ranks worse than 97.04% on this metric.
Pershing Square's yield on cost for the quarter that ended in Dec. 2025 was 0.35.
The historical rank and industry rank for Pershing Square's 5-Year Yield-on-Cost % or its related term are showing as below:
PS'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0.36
Current: 0.35
During the past 2 years, Pershing Square's highest Yield on Cost was 0.36. The lowest was 0.00. And the median was 0.00.
PS's 5-Year Yield-on-Cost % is ranked worse than 97.04% of 1114
companies
in the Asset Management industry
Industry Median: 6.43
vs PS: 0.35
Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.
Pershing Square 5-Year Yield-on-Cost % Related Terms
PS vs CRBG, ARCC, EQH: 5-Year Yield-on-Cost % Comparison
For the Asset Management subindustry, Pershing Square's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Pershing Square's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where Pershing Square's 5-Year Yield-on-Cost % falls into.
Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.
Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.
Therefore, Yield-on-Cost of Pershing Square is calculated as
Pershing Square (PS) has a 5-Year Yield-on-Cost % of 0.35 as of Jul. 23, 2026. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Pershing Square and its competitors. According to the industry distribution chart, Pershing Square ranks #1081 out of 1114 companies in the Asset Management industry, placing it in the top 97%.
Is Pershing Square's 5-Year Yield-on-Cost % too high?
Pershing Square's current 5-Year Yield-on-Cost % is 0.35. The Asset Management industry median 5-Year Yield-on-Cost % is 6.43. Pershing Square's value of 0.35 is 94.6% below this industry median. Based on the distribution chart, Pershing Square ranks #1081 out of 1114 companies in the Asset Management industry, which is in the bottom quartile relative to peers. 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 5-Year Yield-on-Cost % compare to CRBG and ARCC?
According to the Asset Management industry distribution chart, Pershing Square ranks #1081 out of 1114 companies for 5-Year Yield-on-Cost %. This places Pershing Square in the lower half of its industry. The industry median 5-Year Yield-on-Cost % is 6.43. Pershing Square's value of 0.35 is 94.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 5-Year Yield-on-Cost % for an Asset Management company?
The median 5-Year Yield-on-Cost % among Asset Management companies is 6.43, based on 1,114 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year Yield-on-Cost % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year Yield-on-Cost % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pershing Square's current 5-Year Yield-on-Cost % of 0.35 is 94.6% below 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 5-Year Yield-on-Cost % mean?
A high 5-Year Yield-on-Cost % can signal that a stock is expensive relative to its fundamentals. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Pershing Square and its competitors. For the Asset Management industry, the median 5-Year Yield-on-Cost % is 6.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pershing Square's current 5-Year Yield-on-Cost % is 0.35. 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 5-Year Yield-on-Cost % of 0.35. The current 5-Year Yield-on-Cost % is 0.35 and 94.6% below the Asset Management industry median of 6.43. 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 5-Year Yield-on-Cost % calculated?
5-Year Yield-on-Cost % is calculated from a company's financial statements. For Pershing Square (PS), the current 5-Year Yield-on-Cost % is 0.35 as of Jul. 23, 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.
Address787 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
Get the complete analysis for PS
5-Year Yield-on-Cost % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
PS has been successfully added to your 
