BUR · Burford Capital Ltd - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · BUR

1Y 3Y 5Y Max

Annual Quarterly

Income Statement

Line item	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25	Q4 '24	Q4 '23	Q4 '22	Q4 '21	Q4 '20
Revenue	($1.72B)	-	$69.80M	$159.65M	$44.30M	-	-	-	-	-
Cost of Revenue	-	-	-	-	-	-	-	-	-	-
Gross Profit	-	-	-	-	-	-	-	-	-	-
R&D	-	-	-	-	-	-	-	-	-	-
SG&A	$8.59M	-	$9.33M	$7.79M	$7.45M	-	-	-	-	-
Total Operating Expenses	($150.10M)	-	$45.02M	$38.15M	$30.14M	-	-	-	-	-
D&A	-	-	-	-	-	-	-	-	-	-
Operating Income	($1.57B)	-	$24.79M	$121.50M	$14.16M	-	-	-	-	-
Interest Expense	$47.80M	-	$40.22M	$33.29M	$31.44M	-	-	-	-	-
Income Tax	($2.42M)	-	$11.47M	$4.59M	($1.40M)	-	-	-	-	-
Net Income	($1.63B)	-	($19.16M)	$53.75M	($29.94M)	-	-	-	-	-
EPS - Basic	($7.46)	-	$0.62	$0.40	($0.14)	-	-	-	-	-
EPS - Diluted	($7.46)	-	$0.61	$0.24	($0.14)	-	-	-	-	-

Balance Sheet

Line item	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25	Q4 '24	Q4 '23	Q4 '22	Q4 '21	Q4 '20
Cash & Equivalents	$702.58M	$566.44M	$677.65M	$372.25M	$486.64M	$469.93M	$220.55M	$107.66M	$180.25M	$322.08M
Accounts Receivable	-	-	-	-	-	-	-	-	-	-
Inventory	-	-	-	-	-	-	-	-	-	-
Accounts Payable	-	-	-	-	-	-	-	-	-	-
Current Assets	-	-	-	-	-	-	-	-	-	-
Total Assets	$4.27B	$6.64B	$6.69B	$6.33B	$6.18B	$6.18B	$5.84B	$4.29B	$3.52B	$3.12B
Current Liabilities	-	-	-	-	-	-	-	-	-	-
Long-term Debt	$2.40B	$2.13B	$2.14B	$1.78B	$1.76B	$1.76B	$1.57B	$1.27B	$1.04B	$677.37M
Total Liabilities	$2.76B	$3.51B	$3.50B	$3.10B	$3.02B	$2.92B	$2.63B	$1.90B	$1.58B	$1.21B
Stockholders' Equity	$827.93M	$2.45B	$2.50B	$2.50B	$2.43B	$2.42B	$2.29B	$1.74B	$1.55B	$1.66B
Retained Earnings	$168.79M	$1.80B	$1.85B	$1.87B	$1.80B	$1.77B	$1.65B	$1.07B	$922.50M	$1.03B

Cash Flow

Line item	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25	Q4 '24	Q4 '23	Q4 '22	Q4 '21	Q4 '20
Operating Cash Flow	($136.63M)	-	-	-	$52.96M	-	-	-	-	-
Investing Cash Flow	($2.90M)	-	-	-	($43.0K)	-	-	-	-	-
Financing Cash Flow	$276.02M	-	-	-	$209.41M	-	-	-	-	-
CapEx	$41.0K	-	-	-	$43.0K	-	-	-	-	-
Free Cash Flow	($136.67M)	-	-	-	$52.92M	-	-	-	-	-

Ratios

Metric	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25	Q4 '24	Q4 '23	Q4 '22	Q4 '21	Q4 '20
Profitability
Gross margin	-	-	-	-	-	-	-	-	-	-
Operating margin	91.3%	-	35.5%	76.1%	32.0%	-	-	-	-	-
EBITDA margin	-	-	-	-	-	-	-	-	-	-
Net margin	94.9%	-	-27.4%	33.7%	-67.6%	-	-	-	-	-
Free cash flow margin	7.9%	-	-	-	119.5%	-	-	-	-	-
FCF / Net income	0.08	-	-	-	-1.77	-	-	-	-	-
R&D / Revenue	-	-	-	-	-	-	-	-	-	-
SG&A / Revenue	-0.5%	-	13.4%	4.9%	16.8%	-	-	-	-	-
Effective tax rate	-	-	-	7.9%	-	-	-	-	-	-
Return on assets	-38.2%	-	-0.3%	0.8%	-0.5%	-	-	-	-	-
Return on equity	-197.1%	-	-0.8%	2.1%	-1.2%	-	-	-	-	-
Return on invested capital	-38.4%	-	0.4%	2.6%	0.3%	-	-	-	-	-
Liquidity
Current ratio	-	-	-	-	-	-	-	-	-	-
Quick ratio	-	-	-	-	-	-	-	-	-	-
Cash ratio	-	-	-	-	-	-	-	-	-	-
Leverage
Debt / Equity	2.90	0.87	0.86	0.71	0.72	0.73	0.68	0.73	0.67	0.41
Debt / Assets	0.56	0.32	0.32	0.28	0.29	0.29	0.27	0.30	0.29	0.22
Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Interest coverage	-32.9x	-	0.6x	3.6x	0.5x	-	-	-	-	-
Equity multiplier	5.16	2.71	2.68	2.53	2.54	2.55	2.55	2.46	2.27	1.88
Liabilities / Assets	0.65	0.53	0.52	0.49	0.49	0.47	0.45	0.44	0.45	0.39
Efficiency
Asset turnover	-0.40	-	0.01	0.03	0.01	-	-	-	-	-
Inventory turnover	-	-	-	-	-	-	-	-	-	-
Days sales outstanding	-	-	-	-	-	-	-	-	-	-
Days inventory outstanding	-	-	-	-	-	-	-	-	-	-
Days payable outstanding	-	-	-	-	-	-	-	-	-	-
Cash conversion cycle	-	-	-	-	-	-	-	-	-	-
Valuation
P / E	-	-	19.6x	59.4x	-	-	-	-	-	-
P / B	1.2x	-	1.1x	1.3x	1.2x	-	-	-	-	-
P / S	-	-	38.3x	19.9x	65.3x	-	-	-	-	-
EV / EBITDA	-	-	-	-	-	-	-	-	-	-
Growth
Revenue growth (YoY)	-3983.9%	-	-	-	-	-	-	-	-	-
Revenue CAGR (3y)	-	-	-	-	-	-	-	-	-	-
Revenue CAGR (5y)	-	-	-	-	-	-	-	-	-	-
Gross profit growth (YoY)	-	-	-	-	-	-	-	-	-	-
Operating income growth (YoY)	-	-	-	-	-	-	-	-	-	-
Net income growth (YoY)	-5351.7%	-	-	-	-	-	-	-	-	-
EPS growth (YoY)	-5228.6%	-	-	-	-	-	-	-	-	-
EPS CAGR (3y)	-	-	-	-	-	-	-	-	-	-
EPS CAGR (5y)	-	-	-	-	-	-	-	-	-	-
FCF growth (YoY)	-	-	-	-	-	-	-	-	-	-
FCF CAGR (5y)	-	-	-	-	-	-	-	-	-	-
Book value growth (YoY)	-66.0%	1.2%	-	-	-	5.6%	31.5%	12.3%	-6.6%	-4.3%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-12-31.

Business segments

$396.05M total

Principal Finance Segment$359.41M · 90.7%

Asset Management And Other Services$36.64M · 9.3%

Product / service

$12.62M total

Asset Management1$6.31M · 50.0%

Management Fee Income$5.11M · 40.5%

Performance Fee Income$1.20M · 9.5%

Peer comparison

Same SIC group: Finance Services

Company	Revenue (last FY)	Net margin	ROE
SYF	-	-	21.2%
COIN	$7.18B	17.6%	8.5%
LDI	$1.19B	-5.3%	-16.2%
UPST	$1.04B	5.1%	6.7%
AXP	$72.23B	15.0%	32.4%

Comparing Burford Capital Ltd against the 5 most active filers in the same SIC group.

Dividends

$0.06/share trailing 12 months · -50.0% YoY

Ex-date	Per share
May 22, 2026	$0.0630
May 23, 2025	$0.0630
Nov 1, 2024	$0.0630
May 23, 2024	$0.0630
Nov 9, 2023	$0.0630
May 25, 2023	$0.0630
Nov 3, 2022	$0.0630
May 26, 2022	$0.0630
Nov 11, 2021	$0.0630
May 27, 2021	$0.1250