NYSE : BURL
Burlington Stores, Inc. — Financial statements
Consumer Discretionary · Apparel Retail · United States
Last price 237.09 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 14.89B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Burlington Stores, Inc. (BURL) reported revenue of 12.21B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Operating Revenue | 12.20B | 11.55B | 10.62B | 9.71B | 8.68B | 9.31B |
| Other Revenue | 9.88M | 9.24M | 9.04M | 9.18M | 8.62M | 6.18M |
| Revenue | 12.21B | 11.56B | 10.63B | 9.72B | 8.69B | 9.31B |
| Cost of Revenue | 6.83B | 6.49B | 6.03B | 5.58B | 5.17B | 5.44B |
| Gross Profit | 5.38B | 5.07B | 4.60B | 4.13B | 3.52B | 3.88B |
| Selling, General & Admin | 4.00B | 3.81B | 3.54B | 3.27B | 2.86B | 2.85B |
| Other Operating Expenses | -8.07M | -8.06M | -9.04M | -9.32M | -9.44M | -9.53M |
| Operating Expenses | 4.43B | 4.21B | 3.87B | 3.57B | 3.12B | 3.09B |
| Operating Income | 951.56M | 864.34M | 726.20M | 563.29M | 401.73M | 790.27M |
| Interest Expense | -73.96M | -71.04M | -69.52M | -78.40M | -66.47M | -67.50M |
| Interest & Investment Income | 24.37M | 20.90M | 31.52M | 24.63M | 8.80M | 189.00K |
| Other Non Operating Income (Expenses) | 17.16M | 19.61M | 7.74M | 14.29M | 15.11M | 9.94M |
| EBT Excluding Unusual Items | 919.13M | 833.81M | 695.93M | 523.82M | 359.16M | 732.90M |
| Merger & Restructuring Charges | -7.52M | -7.74M | -11.19M | -15.26M | -18.59M | -21.91M |
| Gain (Loss) on Sale of Assets | -1.04M | 8.96M | 1.96M | |||
| Asset Writedown | -23.80M | -21.51M | -12.92M | -6.37M | -21.40M | -7.75M |
| Other Unusual Items | 52.90M | 12.60M | -5.96M | -38.37M | -14.66M | -159.44M |
| Pretax Income | 940.71M | 816.12M | 674.81M | 465.77M | 307.51M | 545.30M |
| Income Tax Expense | 226.53M | 205.97M | 171.18M | 126.12M | 77.39M | 136.46M |
| Net Income | 714.18M | 610.15M | 503.64M | 339.65M | 230.12M | 408.84M |
| Net Income to Common | 714.18M | 610.15M | 503.64M | 339.65M | 230.12M | 408.84M |
| Shares Outstanding (Basic) | 62.85M | 62.98M | 63.63M | 64.67M | 65.64M | 66.59M |
| Shares Outstanding (Diluted) | 64.15M | 64.13M | 64.59M | 64.92M | 65.90M | 68.13M |
| EPS (Basic) | 11.36 | 9.69 | 7.91 | 5.25 | 3.51 | 6.14 |
| EPS (Diluted) | 11.13 | 9.51 | 7.80 | 5.23 | 3.49 | 6.00 |
| Free Cash Flow | 412.54M | 171.59M | -17.01M | 376.09M | 148.99M | 480.69M |
| Free Cash Flow Per Share | 6.43 | 2.68 | -0.26 | 5.79 | 2.26 | 7.06 |
| Gross Margin | 44.08% | 43.88% | 43.30% | 42.54% | 40.51% | 41.63% |
| Operating Margin | 7.79% | 7.48% | 6.83% | 5.80% | 4.62% | 8.49% |
| Profit Margin | 5.85% | 5.28% | 4.74% | 3.50% | 2.65% | 4.39% |
| Free Cash Flow Margin | 3.38% | 1.48% | -0.16% | 3.87% | 1.71% | 5.16% |
| EBITDA | 1.36B | 1.24B | 1.05B | 847.36M | 650.92M | 1.02B |
| EBITDA Margin | 11.15% | 10.74% | 9.86% | 8.72% | 7.49% | 10.96% |
| D&A For EBITDA | 409.15M | 377.11M | 321.88M | 284.06M | 249.20M | 230.32M |
| EBIT | 951.56M | 864.34M | 726.20M | 563.29M | 401.73M | 790.27M |
| EBIT Margin | 7.79% | 7.48% | 6.83% | 5.80% | 4.62% | 8.49% |
| Effective Tax Rate | 24.08% | 25.24% | 25.37% | 27.08% | 25.16% | 25.02% |
| Revenue as Reported | 12.22B | 11.57B | 10.63B | 9.73B | 8.70B | 9.32B |
| Advertising Expenses | 42.40M | 35.30M | 36.50M | 33.80M |
Balance sheet
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 703.69M | 1.23B | 994.70M | 925.36M | 872.62M | 1.09B |
| Cash & Short-Term Investments | 703.69M | 1.23B | 994.70M | 925.36M | 872.62M | 1.09B |
| Receivables | 128.09M | 105.30M | 88.08M | 74.36M | 71.09M | 54.09M |
| Inventory | 1.54B | 1.31B | 1.25B | 1.09B | 1.18B | 1.02B |
| Prepaid Expenses | 214.55M | 118.44M | 263.06M | 216.16M | 131.69M | 370.51M |
| Restricted Cash | 6.58M | 6.58M | ||||
| Other Current Assets | 2.58M | 3.36M | 32.19M | 23.30M | 19.82M | 4.36M |
| Total Current Assets | 2.59B | 2.77B | 2.63B | 2.33B | 2.28B | 2.55B |
| Property, Plant & Equipment | 7.06B | 6.79B | 5.76B | 5.01B | 4.61B | 4.19B |
| Long-Term Investments | 43.95M | 20.45M | 45.70M | 29.07M | 29.15M | |
| Goodwill | 47.06M | 47.06M | 47.06M | 47.06M | 47.06M | 47.06M |
| Other Intangible Assets | 238.00M | 238.00M | 238.00M | 238.00M | 238.00M | 238.00M |
| Long-Term Deferred Tax Assets | 2.14M | 2.14M | 2.25M | 2.44M | 3.21M | 3.96M |
| Long-Term Deferred Charges | 3.10M | 1.40M | 2.10M | 2.80M | 2.80M | |
| Other Long-Term Assets | 58.80M | 47.76M | 50.63M | 48.05M | 51.65M | 59.34M |
| Total Assets | 10.04B | 9.92B | 8.77B | 7.71B | 7.27B | 7.09B |
| Accounts Payable | 1.11B | 1.02B | 1.04B | 956.35M | 955.79M | 1.08B |
| Accrued Expenses | 46.50M | 41.31M | 38.30M | 35.81M | 33.73M | |
| Current Portion of Long-Term Debt | 17.53M | 68.14M | 170.89M | 13.70M | 13.63M | 14.36M |
| Current Portion of Leases | 451.27M | 427.92M | 406.89M | 411.39M | 401.11M | 358.79M |
| Other Current Liabilities | 632.39M | 687.50M | 615.27M | 609.04M | 505.61M | 459.96M |
| Total Current Liabilities | 2.21B | 2.25B | 2.27B | 2.03B | 1.91B | 1.95B |
| Long-Term Debt | 1.87B | 1.99B | 1.51B | 1.37B | 1.46B | 1.51B |
| Long-Term Leases | 3.56B | 3.52B | 3.28B | 3.01B | 2.83B | 2.58B |
| Long-Term Deferred Tax Liabilities | 319.66M | 277.77M | 259.26M | 227.59M | 205.99M | 220.02M |
| Other Long-Term Liabilities | 74.72M | 72.45M | 74.40M | 73.79M | 69.39M | 69.94M |
| Total Liabilities | 8.04B | 8.11B | 7.40B | 6.71B | 6.47B | 6.33B |
| Common Stock | 9.00K | 9.00K | 8.00K | 8.00K | 8.00K | 7.00K |
| Additional Paid-In Capital | 2.47B | 2.37B | 2.24B | 2.12B | 2.02B | 1.93B |
| Retained Earnings | 2.40B | 2.10B | 1.49B | 984.06M | 644.41M | 414.29M |
| Treasury Stock | -2.90B | -2.68B | -2.40B | -2.14B | -1.89B | -1.58B |
| Comprehensive Income & Other | 34.91M | 17.35M | 42.52M | 33.53M | 28.75M | -4.44M |
| Shareholders' Equity | 2.00B | 1.81B | 1.37B | 996.93M | 794.90M | 760.42M |
| Total Liabilities & Equity | 10.04B | 9.92B | 8.77B | 7.71B | 7.27B | 7.09B |
| Total Debt | 5.91B | 6.01B | 5.37B | 4.80B | 4.70B | 4.46B |
| Net Cash (Debt) | -5.20B | -4.78B | -4.38B | -3.88B | -3.83B | -3.37B |
| Net Cash Per Share | -81.09 | -74.48 | -67.76 | -59.76 | -58.11 | -49.52 |
| Filing Date Shares Outstanding | 62.82M | 62.69M | 63.20M | 63.92M | 64.97M | 66.49M |
| Total Common Shares Outstanding | 62.82M | 62.72M | 63.28M | 63.96M | 65.02M | 66.49M |
| Working Capital | 380.34M | 522.32M | 356.29M | 298.24M | 371.84M | 600.00M |
| Book Value Per Share | 31.88 | 28.82 | 21.66 | 15.59 | 12.23 | 11.44 |
| Tangible Book Value | 1.72B | 1.52B | 1.09B | 711.87M | 509.84M | 475.35M |
| Tangible Book Value Per Share | 27.34 | 24.27 | 17.15 | 11.13 | 7.84 | 7.15 |
| Land | 138.85M | 82.69M | 105.64M | 112.51M | 148.14M | |
| Buildings | 538.77M | 332.06M | 374.73M | 355.90M | 443.20M | |
| Machinery | 2.04B | 1.83B | 1.58B | 1.41B | 1.30B | |
| Construction In Progress | 935.99M | 584.12M | 375.31M | 250.16M | 128.67M | |
| Leasehold Improvements | 1.45B | 1.18B | 996.99M | 881.70M | 828.10M |
Cash flow statement
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 714.18M | 610.15M | 503.64M | 339.65M | 230.12M | 408.84M |
| Depreciation & Amortization | 409.15M | 377.11M | 321.88M | 284.06M | 249.20M | 230.32M |
| Other Amortization | 31.83M | 31.97M | 28.78M | 26.19M | 24.83M | 24.22M |
| Asset Writedown & Restructuring Costs | 23.80M | 21.51M | 12.92M | 6.37M | 21.40M | 7.75M |
| Stock-Based Compensation | 120.88M | 106.73M | 87.57M | 83.95M | 67.48M | 58.55M |
| Other Operating Activities | 137.34M | 82.70M | 34.66M | 60.84M | 13.02M | 251.00M |
| Change in Accounts Receivable | -18.74M | -18.09M | -14.25M | -4.46M | -13.01M | 10.19M |
| Change in Inventory | -126.53M | -61.13M | -162.93M | 94.14M | -160.97M | -280.22M |
| Change in Accounts Payable | 89.06M | -23.70M | 86.50M | -21.95M | -125.01M | 214.79M |
| Change in Other Net Operating Assets | 34.49M | 104.13M | -35.39M | -48.00K | 289.32M | -92.27M |
| Operating Cash Flow | 1.42B | 1.23B | 863.38M | 868.74M | 596.38M | 833.16M |
| Capital Expenditures | -1.00B | -1.06B | -880.38M | -492.64M | -447.39M | -352.47M |
| Sale of Property, Plant & Equipment | -228.00K | 27.54M | 9.73M | 13.54M | 27.96M | 8.65M |
| Other Investing Activities | -8.19M | -22.80M | -11.60M | -24.64M | -3.71M | -576.00K |
| Investing Cash Flow | -1.01B | -1.06B | -882.25M | -503.75M | -423.14M | -344.39M |
| Long-Term Debt Issued | 645.00M | 605.84M | 297.07M | 956.61M | ||
| Long-Term Debt Repaid | -322.43M | -302.60M | -396.13M | -87.85M | -1.49B | |
| Net Debt Issued (Repaid) | -146.16M | 322.57M | 303.25M | -99.06M | -87.85M | -535.21M |
| Issuance of Common Stock | 53.11M | 25.33M | 31.65M | 18.78M | 20.59M | 39.89M |
| Repurchase of Common Stock | -345.83M | -278.42M | -256.29M | -243.19M | -316.90M | -266.63M |
| Other Financing Activities | -9.17M | -7.98M | 9.61M | 4.63M | -7.55M | -16.00M |
| Financing Cash Flow | -448.06M | 61.49M | 88.22M | -318.84M | -391.71M | -777.96M |
| Net Cash Flow | -43.93M | 237.83M | 69.34M | 46.15M | -218.47M | -289.19M |
| Free Cash Flow | 412.54M | 171.59M | -17.01M | 376.09M | 148.99M | 480.69M |
| Free Cash Flow Margin | 3.38% | 1.48% | -0.16% | 3.87% | 1.71% | 5.16% |
| Free Cash Flow Per Share | 6.43 | 2.68 | -0.26 | 5.79 | 2.26 | 7.06 |
| Levered Free Cash Flow | 107.38M | 105.35M | -173.13M | 320.60M | 71.74M | 285.17M |
| Unlevered Free Cash Flow | 150.87M | 146.88M | -132.76M | 366.41M | 109.66M | 322.03M |
| Cash Interest Paid | 61.29M | 73.08M | 84.61M | 88.15M | 51.45M | 52.67M |
| Cash Income Tax Paid | 159.56M | 170.89M | 170.26M | 86.24M | -208.33M | 130.25M |
| Change in Working Capital | -21.72M | 1.20M | -126.07M | 67.68M | -9.67M | -147.52M |
Ratios
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 14.89B | 18.62B | 18.02B | 12.69B | 14.76B | 15.38B |
| Enterprise Value | 20.10B | 23.98B | 22.41B | 16.88B | 19.03B | 18.75B |
| Last Close Price | 237.09 | 295.86 | 283.93 | 196.73 | 226.38 | 230.29 |
| PE Ratio | 21.31 | 30.51 | 35.79 | 37.37 | 64.13 | 37.61 |
| Forward PE | 19.68 | 28.28 | 32.24 | 29.66 | 41.00 | 27.03 |
| PS Ratio | 1.22 | 1.61 | 1.70 | 1.31 | 1.70 | 1.65 |
| PB Ratio | 7.44 | 10.30 | 13.15 | 12.73 | 18.57 | 20.22 |
| P/TBV Ratio | 8.67 | 12.23 | 16.61 | 17.83 | 28.95 | 32.34 |
| P/FCF Ratio | 36.10 | 108.50 | 33.75 | 99.05 | 31.99 | |
| P/OCF Ratio | 10.52 | 15.12 | 20.88 | 14.61 | 24.75 | 18.45 |
| PEG Ratio | 1.23 | 1.47 | 1.48 | 1.11 | 16.98 | 0.72 |
| EV/Sales Ratio | 1.65 | 2.08 | 2.11 | 1.74 | 2.19 | 2.01 |
| EV/EBITDA Ratio | 14.77 | 19.32 | 21.38 | 19.93 | 29.23 | 18.37 |
| EV/EBIT Ratio | 21.12 | 27.75 | 30.85 | 29.98 | 47.36 | 23.72 |
| EV/FCF Ratio | 48.71 | 139.77 | 44.90 | 127.71 | 39.00 | |
| Debt / Equity Ratio | 2.95 | 3.33 | 3.92 | 4.82 | 5.92 | 5.87 |
| Debt / EBITDA Ratio | 2.51 | 2.73 | 2.79 | 2.89 | 3.42 | 2.67 |
| Debt / FCF Ratio | 14.32 | 35.02 | 12.78 | 31.56 | 9.29 | |
| Net Debt / Equity Ratio | 2.60 | 2.64 | 3.19 | 3.89 | 4.82 | 4.44 |
| Net Debt / EBITDA Ratio | 3.82 | 3.85 | 4.18 | 4.58 | 5.88 | 3.31 |
| Net Debt / FCF Ratio | 12.61 | 27.83 | -257.34 | 10.31 | 25.70 | 7.02 |
| Asset Turnover | 1.26 | 1.24 | 1.29 | 1.30 | 1.21 | 1.34 |
| Inventory Turnover | 4.62 | 5.06 | 5.15 | 4.92 | 4.70 | 6.17 |
| Quick Ratio | 0.38 | 0.59 | 0.48 | 0.49 | 0.49 | 0.59 |
| Current Ratio | 1.17 | 1.23 | 1.16 | 1.15 | 1.19 | 1.31 |
| Return on Equity (ROE) | 41.41% | 38.40% | 42.55% | 37.91% | 29.59% | 66.74% |
| Return on Assets (ROA) | 6.15% | 5.78% | 5.51% | 4.70% | 3.50% | 7.12% |
| Return on Invested Capital (ROIC) | 10.20% | 10.48% | 10.20% | 8.65% | 6.87% | 15.02% |
| Return on Capital Employed (ROCE) | 12.10% | 11.30% | 11.20% | 9.90% | 7.50% | 15.40% |
| Earnings Yield | 4.69% | 3.28% | 2.79% | 2.68% | 1.56% | 2.66% |
| FCF Yield | 2.77% | 0.92% | -0.09% | 2.96% | 1.01% | 3.13% |
| Buyback Yield / Dilution | 0.44% | 0.73% | 0.50% | 1.49% | 3.27% | -3.28% |