BURL Burlington Stores, Inc.

Overview and Growth

In fiscal 2025, Burlington Stores, Inc. recorded $11.57B of revenue, net income of $610.15M, and an operating cash inflow of $1.23B. The $11.57B revenue base provides substantial context for the company’s earnings, cash generation, and capital requirements. Revenue was 8.8% above fiscal 2024 revenue of $10.63B, marking a year-over-year increase. Diluted earnings per share were $9.51, translating the period’s attributable earnings into the amount reported for each diluted share. The per-share result recorded a 21.9% increase from fiscal 2024 diluted EPS of $7.80. Asset turnover was 1.17x, relating the company’s annual revenue directly to the total assets reported at the period end.

Profitability

After reported cost of revenue, the company retained $5.08B as gross profit before recognizing operating expenses and other items. Gross profit represented 43.9% of revenue, showing how much of the top line remained after direct costs. The bottom-line result was net income of $610.15M, after the operating, financing, tax, and other items recognized for the period. The final earnings result represented 5.3% of revenue, connecting the absolute net income figure with the company’s top-line scale. Pretax income was $816.12M, isolating the reported earnings outcome before the income-tax provision recognized for the fiscal year. The pretax margin was 7.1%, relating income before taxes directly to revenue. The company recognized $205.97M of income tax for the period, completing the transition from pretax income to net income. Relative to pretax income, the tax provision measured 25.2%, quantifying the portion of pre-tax earnings paid in income tax. Net income equaled 33.8% of period-end equity, showing the earnings generated on shareholders’ book capital. The net-income-to-assets relationship measured 6.2%, showing earnings relative to the full balance sheet.

Liquidity and Capital Structure

At period end, the $9.92B asset base was financed through $8.11B of liabilities and $1.81B of equity. The near-term balance sheet paired $2.77B of current assets with $2.25B of current liabilities at the reporting date. At 1.23x, the current ratio shows that short-term assets were greater than short-term liabilities at period end. Cash and equivalents totaled $1.23B, identifying the most liquid reported component available within the broader current-asset balance. Measured only with cash and equivalents, coverage of current liabilities was 54.8%, excluding receivables and other current assets. Total debt was $2.08B, establishing the amount of borrowing carried within the company’s capital structure. The debt-to-equity relationship was 1.15x, showing how much debt the company carried for each unit of book equity. The debt-to-assets relationship was 21.0%, comparing borrowing with the total asset balance. The liabilities-to-assets relationship was 81.8%, placing reported obligations against the full positive asset balance. The cash-to-assets relationship was 12.4%, comparing reported cash and equivalents with the full positive asset balance. Compared with $8.77B in fiscal 2024, the current asset base moved 13.1% and finished higher.

Cash Flow and Earnings Quality

Operating activities produced a cash inflow of $1.23B, giving the cash-flow counterpart to the accrual-based profit measures reported for the year. Operating cash flow equaled 2.02x of net income, showing how strongly accounting earnings converted into cash from operations. Capital expenditures used $1.06B, identifying the reported investment outflow deducted from operating cash flow in the free-cash-flow calculation. Capital spending absorbed 86.1% of operating cash flow, quantifying the share of cash from operations directed to investment. The combination of operating cash flow and capital spending produced $171.59M of positive free cash flow for the period. The free-cash-flow margin was 1.5%, measuring cash remaining after capital spending against revenue. Free cash flow equaled 1.7% of total assets, relating post-investment cash generation to the company’s resource base.

Based on the annual report for the fiscal year ending Jan 31, 2026. Analysis generated Oct 21, 2026.