Burford Capital Limited
NYSE:BUR · New York Stock Exchange
+$0.05 today
Vol 2.18M · Avg 4.10M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Stock Ticker Earnings Waterfall
NYSE:BUR · Revenue to Net Income
Key Ratios
Analysis
$342.4M of revenue converted into $62.6M of net income for the selected period. Gross margin is -102.3% and net margin is -148.4%, showing how much revenue survives after costs and taxes. EPS is $0.27, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $339.9M -28.0% | $472.2M -56.2% | $1.1B +298.7% | $270.6M +150.3% | $108.1M | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $146.1M +11.5% | $131.0M +694.3% | $16.5M -78.0% | $75.0M +32.8% | $56.5M | $725.6M | $804.0M | $882.4M |
| Gross Profit | $193.8M -43.2% | $341.2M -67.9% | $1.1B +443.1% | $195.6M +278.6% | $51.7M | $8.9B | $7.6B | $6.2B |
| Gross Margin | 57.0% -15.2pp | 72.3% -26.2pp | 98.5% +26.2pp | 72.3% +24.5pp | 47.8% | 9.8% | 28.9% | 38.3% |
| Research & Development | $0 | $0 | $0 | $0 | $0 | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $53.0M +66.6% | $31.8M -87.5% | $254.7M +571.7% | $37.9M -18.8% | $46.7M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $109.7M +25.2% | $87.6M -64.5% | $246.7M +184.9% | $86.6M +77.2% | $48.9M | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $0 | $0 -100.0% | $13.5M +210.3% | $4.4M +36.6% | $3.2M | $374.2M | $1.2B | $631.8M |
| EBITDA | $84.0M -66.9% | $253.6M -69.1% | $821.2M +624.3% | $113.4M +1795.3% | $6.0M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 24.7% -29.0pp | 53.7% -22.4pp | 76.1% +34.2pp | 41.9% +36.4pp | 5.5% | 5.6% | 46.3% | 42.0% |
| Operating Income | $84.0M -66.9% | $253.6M -68.9% | $815.7M +648.2% | $109.0M +3808.8% | $2.8M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 24.7% -29.0pp | 53.7% -21.9pp | 75.6% +35.3pp | 40.3% +37.7pp | 2.6% | 16.6% | 24.1% | 22.0% |
| Interest Income | $0 | $0 | $0 | $0 | $0 | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $146.1M +11.5% | $131.0M +38.5% | $94.6M +26.2% | $75.0M +32.8% | $56.5M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | $0 | $0 +100.0% | -$77.4M | $0 | $0 | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $84.0M -66.9% | $253.6M -65.7% | $738.3M +577.2% | $109.0M +3808.8% | $2.8M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 24.7% -29.0pp | 53.7% -14.7pp | 68.4% +28.1pp | 40.3% +37.7pp | 2.6% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $11.8M -50.7% | $24.0M +19.5% | $20.1M +73.8% | $11.6M +18.8% | $9.7M | $1.3B | -$1.6B | $745.2M |
| Net Income | $62.6M -57.3% | $146.5M -76.0% | $610.5M +1901.3% | $30.5M +206.1% | -$28.8M | $4.9B | $4.8B | $4.7B |
| Net Margin | 18.4% -12.6pp | 31.0% -25.6pp | 56.6% +45.3pp | 11.3% +37.9pp | -26.6% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $0 -56.7% | $1 -75.5% | $3 +1857.1% | $0 +153.8% | -$0 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $0 -57.6% | $1 -75.9% | $3 +1857.1% | $0 +153.8% | -$0 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $219.1M -0.0% | $219.2M -1.6% | $222.8M +1.9% | $218.6M -0.2% | $219.0M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $224.6M +2.4% | $219.4M -1.6% | $223.0M +2.0% | $218.6M -0.2% | $219.0M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
Marex Group plc Ordinary Shares
NASDAQ:MRX
$4.66B
Sprott Inc.
NYSE:SII
$3.18B
Oaktree Capital Group, LLC 6.625% PFD UT A
NYSE:OAK-PA
$2.54B
Oaktree Capital Group, LLC
NYSE:OAK-PB
$2.53B
Beacon Financial Corp.
NYSE:BBT
$2.47B
GCM Grosvenor Inc.
NASDAQ:GCMG
$2.20B
Tri-Continental Corporation
NYSE:TY
$1.85B
Patria Investments Limited
NASDAQ:PAX
$1.83B
Sixth Street Specialty Lending, Inc.
NYSE:TSLX
$1.57B
Eagle Point Credit Company Inc.
NYSE:ECC
$479.26M
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does BUR generate?
Burford Capital Limited (BUR) reported $339.85M of revenue in fiscal 2025.
Is BUR profitable?
Burford Capital Limited (BUR) reported $62.57M of net income, with a net margin of 18.4%.
Explore More
Continue the stock analysis
Jump to another research area for this company.