Burlington Stores, Inc.BURL
NYSE•Consumer Cyclical•Apparel Retail
Burlington Stores, Inc. operates as a retailer of branded merchandise in the United States and Puerto Rico. The company offers fashion-focused merchandise, including women's ready-to-wear apparel, menswear, youth apparel, footwear, accessories, home furnishings, toys, gifts, and coats, as well as baby and beauty merchandise products. It operates stores under the Burlington Stores, and Cohoes Fashions brands in Washington D.C. and Puerto Rico. The company was founded in 1972 and is headquartered in Burlington, New Jersey.
Burlington Stores, Inc. (BURL) reported trailing twelve months revenue of $11.92B as of May 2026, a 10.6% increase year-over-year. Quarterly revenue reached $2.86B, reflecting continued top-line momentum.
Burlington Stores, Inc. generated $624.06M in TTM net income, with quarterly EBITDA of $245.83M. The operating margin expanded from 4.9% to 4.9%, suggesting improving cost efficiency and pricing discipline.
The spread between operating margin (4.9%) and net margin (4.0%) indicates tight cost control with minimal non-operating drag. Net margin has narrowed from 4.0% a year ago, reflecting increased costs or interest expense.
BURL trades at a P/E of 32.0x (a premium multiple) and a P/S of 1.7x. The price-to-book ratio of 10.9x indicates a significant premium over book value.
The company reported negative free cash flow of $-227.26M, indicating cash consumption over the period. The balance sheet shows $9.78B in total assets with $1.90B in long-term debt against $1.84B in stockholders equity for a debt-to-equity ratio of 1.0. Data based on the most recent quarterly reports.
Competitive analysis based on 21 quarters of fundamental data
Operating margins are positive at ~6.1% on average, but show some variability — pricing power may be sensitive to market conditions.
Consistently high ROE averaging 37.4% suggests a durable competitive advantage and efficient capital allocation.
Only 2 of the last 8 quarters had positive FCF — the business may require external capital to sustain operations.
TTM revenue has grown consistently (7 of 7 quarters up), with ~16.4% growth over the period. Strong demand durability.
Data-driven red flags and warnings across 21 quarters
Margins are stable or improving at ~6.4% — no sign of cost or pricing stress.
Free cash flow has been negative in 6 of the last 8 quarters — earnings are not translating to cash.
D/E ratio is 1.0 — conservative capital structure with low financial risk.
Revenue is stable or growing over recent quarters — demand appears durable.
6 of the last 8 quarters had negative FCF — inconsistent cash generation raises sustainability concerns.
Share count is stable — no significant dilution or buyback activity.
Quarterly standardized metrics.
Stock price and market valuation
Revenue and earnings growth across quarters
Assets, cash, debt, and leverage
Price multiples and return ratios
Operating efficiency and return metrics
Free cash flow, earnings quality, and capital allocation