Is the business good?
How good a business is BURL?
Burlington Stores, Inc. earns 23% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.
23%
Return on invested capital · cost of capital 9.0% · 14 points above what the capital costs: growth creates value
- Operating margin
- 7.7%
Operating margin · Apparel Retail median 12% · 12 months to Q2 2026
- Cash conversion
- 0.58×
Cash conversion · −0.56× a year ago · some of the reported profit has not turned into cash yet
- Share count, year on year
- 0.00%
Share count, year on year · flat: no meaningful dilution
| Year | Operating margin |
|---|---|
| FY2020 | −7.6% |
| FY2021 | 5.9% |
| FY2022 | 3.5% |
| FY2023 | 4.8% |
| FY2024 | 6.3% |
| FY2025 | 7.1% |
Details›
- Gross margin12 months to Q2 2026
- 45%
- Operating margin12 months to Q2 2026
- 7.7%
- Net margin12 months to Q2 2026
- 5.9%
- Free cash flow margin
- 3.4%
- Revenue, trailing twelve months
- $12.2B
- Free cash flow, trailing twelve months
- $413M
- Net income, trailing twelve months
- $714M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 23%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.