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Burford Capital Ltd (BUR) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

FINANCIAL SERVICES · ASSET MANAGEMENT · DATA UPDATED 2026-09-18

Burford Capital Ltd (BUR) operates in the ASSET MANAGEMENT industry and is headquartered in Saint Peter Port, Guernsey with about 172 employees. Its market capitalization is roughly $872 million. In the fiscal year ended 2025-12-31, BUR reported $340M in revenue and $63M in net income.

Burford Capital Limited provides legal finance products and services worldwide. The company operates in two segments, Principal Finance, and Asset Management and Other Services.

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BUR Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-31
Total Revenue($3.2B)$340M$472M$1.1B$271M$108M$317M$328M$388M$319M$150M$94M$78M$59M$48M$25M
Gross Profit$194M$341M$1.1B$196M$52M$312M$316M$316M$265M$111M$318M$306M$48M$48M$25M
Gross Margin %57.0%72.3%98.5%72.3%47.8%98.5%96.6%81.5%83.2%73.9%338.0%389.2%82.1%100.0%100.0%
Operating Income (EBIT)$84M$254M$816M$109M$3M$209M$226M$342M$273M$118M$77M$51M$2M$17M$16M
Operating Margin %24.7%53.7%75.6%40.3%2.6%65.9%68.8%88.3%85.5%78.6%81.6%64.8%3.7%35.7%63.6%
Net Income($3.3B)$63M$146M$611M$31M($29M)$143M$212M$318M$249M$109M$66M$47M$3M$17M$16M
Net Margin %103.4%18.4%31.0%56.6%11.3%-26.6%45.2%64.7%81.9%78.1%72.7%69.8%59.4%4.5%36.6%63.6%
EBITDA$84M$254M$821M$113M$6M$219M$290M$355M$284M$124M$78M$54M$18M$31M$16M
Earnings Per Share (EPS)$-14.95$0.28$0.67$2.74$0.14$-0.13$0.65$0.97$1.51$1.20$0.53$0.31$0.22$0.01$0.10$0.09
Shares Outstanding (M)225M225M219M223M219M219M220M220M211M208M205M209M209M205M181M180M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

BUR Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Total Revenue($1.6B)($1.7B)$6M$53M$175M$108M$18M$227M
Gross Profit$93M($34M)$13M$141M$74M($11M)$194M
Gross Margin %-5.8%-583.0%24.6%80.6%68.7%-62.3%85.4%
Operating Income (EBIT)($1.5B)($54M)($16M)$110M$44M$16M$169M
Operating Margin %94.0%-912.0%-30.9%62.8%41.0%88.8%74.5%
Net Income($1.6B)($1.6B)($37M)($19M)$88M$31M($13M)$136M
Net Margin %101.6%98.1%-636.8%-35.9%50.5%28.5%-71.1%59.7%
EBITDA$14M($54M)($16M)$110M$44M$16M$169M
Earnings Per Share (EPS)$-7.24$-7.45$-0.17$-0.09$0.39$0.14$-0.06$0.61
Shares Outstanding (M)225M219M219M219M224M223M223M224M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

BUR Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-31
Cash from Operations (CFO)($242M)($29M)$217M($275M)($466M)($585M)$181M($8M)($233M)($102M)($7M)($20M)($92M)$42M$50M$7M
Capital Expenditures (CapEx)$0M$0M$1M$3M$0M$0M$0M$3M$0M$1M$2M$0M$0M$0M$0M$0M
Free Cash Flow (FCF)($242M)($29M)$216M($278M)($467M)($586M)$180M($12M)($233M)($103M)($8M)($21M)($92M)$42M$50M$7M
FCF Margin %7.5%-8.6%45.8%-25.8%-172.4%-541.6%56.9%-3.6%-60.2%-32.3%-5.5%-21.9%-117.7%71.2%105.8%26.8%
Dividends Paid$27M$27M$27M$28M$41M$41M$28M$25M$20M$18M$17M$16M$10M$7M$7M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

BUR Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Cash from Operations (CFO)$52M($137M)($137M)($20M)($84M)$155M($19M)$280M
Capital Expenditures (CapEx)$0M$0M$0M$0M$0M$0M$1M$0M
Free Cash Flow (FCF)$52M($137M)($137M)($20M)($84M)$155M($19M)$280M
FCF Margin %-3.2%8.2%-2321.2%-37.7%-48.2%143.2%-105.2%123.1%
Dividends Paid$14M$14M$14M$14M$14M$0M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

BUR Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-31
Total Assets$4.3B$6.6B$6.2B$5.8B$4.3B$3.7B$2.7B$2.7B$2.3B$1.5B$968M$594M$533M$376M$345M$322M$302M
Cash & Cash Equivalents$697M$566M$470M$221M$108M$180M$322M$187M$266M$135M$158M$45M$94M$58M$26M$9M$9M
Total Liabilities$2.8B$3.5B$2.9B$2.6B$1.9B$1.6B$1.0B$1.1B$956M$6M$372M$160M$151M$25M$13M$13M$6M
Total Debt (Short + Long-Term)$0M$222M$3M$2M$2M$2.0B$1.3B$1.3B$639M$487M$274M$131M$0M$0M$0M$0M$0M
Total Shareholders' Equity$819M$2.4B$2.4B$2.3B$1.7B$1.7B$1.7B$1.5B$1.4B$799M$596M$434M$383M$352M$332M$309M$296M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive BUR viewer.

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