Seeking Alpha·Jun 18, 2026
Burford Capital Limited (BUR) Shareholder/Analyst Call TranscriptBurford Capital Limited (BUR) Shareholder/Analyst Call Transcript
Burford Capital Limited(BUR)Earnings, Financials & Key Ratios
BUR•NYSE
$4.35
15.5× P/E·Price updated Jul 6, 2026
SectorFinancial ServicesIndustryAsset ManagementSub-IndustrySpecialty finance and niche asset platforms
AboutBurford Capital Limited, through its subsidiaries, provides legal finance products and services. The company offers asset management services, including core legal finance, complex strategies, and post-settlement finance. The company was incorporated in 2009 and is based in Saint Peter Port, Guernsey.Show more
- EBITDA$84M-66.9%
- Net Income$63M-57.3%
- EPS (Diluted)0.28-57.6%
- Gross Margin57.02%-21.1%
- EBITDA Margin24.73%-54.0%
- Operating Margin24.73%-54.0%
- Net Margin18.41%-40.6%
- ROE1.96%-56.7%
BUR Price & Volume
Burford Capital Limited (BUR) stock price & volume — 10-year historical chart
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Binary Litigation Outcomes Drive Extreme Earnings Volatility
Investment Thesis • Updated 2025Q4
VerdictNegative
Growth:Mixed
Profitability:Strained
Financial:Mixed
Cash Flow:Mixed
Primary Risk:Binary litigation settlement timing
Key Thesis Takeaways
- Burford Capital's financial performance remains tethered to the unpredictable timing of high-stakes legal settlements, creating a binary risk profile that complicates long-term valuation.
- While the firm has expanded its asset base to $6.6 billion, the reliance on Level 3 fair value accounting introduces significant subjectivity into reported earnings and equity.
- Investors should remain cautious as the firm continues to prioritize shareholder returns, such as the $13.7 million dividend paid in 2025Q4, despite periods of negative operating cash flow.
Verdict Logic
the company's fundamental instability is highlighted by a 2025Q4 net loss of $37.5 million and a negative free cash flow of $80.0 million, suggesting that current dividend commitments may be unsustainable without consistent case realizations.
BUR Growth Metrics
Burford Capital Limited (BUR) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years13.7%
5 Years1.42%
3 Years7.89%
TTM-
Profit CAGR
10 Years-0.48%
5 Years-15.27%
3 Years27.06%
TTM-57.28%
EPS CAGR
10 Years-0.99%
5 Years-15.5%
3 Years25.99%
TTM-58.58%
Return on Capital
10 Years9.83%
5 Years4.92%
3 Years7.26%
Last Year1.34%
BUR Recent Earnings
Burford Capital Limited (BUR) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 3/12 qtrs (33%)●Beat Revenue 3/12 qtrs (33%)
Q2 2026Latest
May 8, 2026Metric
Actual
Est
EPS
$1.34+29.5%
$1.90
Rev
$45M-75.1%
$179M
Q1 2026
Feb 26, 2026Metric
Actual
Est
EPS
$0.17+90.7%
$1.83
Rev
$45M-67.3%
$136M
Q4 2025
Nov 5, 2025Metric
Actual
Est
EPS
$0.09-129.5%
$0.30
Rev
$69M-56.5%
$158M
Q3 2025
Aug 7, 2025Metric
Actual
Est
EPS
$0.39
—
Rev
$175M
—
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 8, 2026 | $1.34vs $1.90+29.5% | $45Mvs $179M-75.1% |
| Q1 2026 | Feb 26, 2026 | $0.17vs $1.83+90.7% | $45Mvs $136M-67.3% |
| Q4 2025 | Nov 5, 2025 | $0.09vs $0.30-129.5% | $69Mvs $158M-56.5% |
| Q3 2025 | Aug 7, 2025 | $0.39 | $175M |
Based on last 12 quarters of dataView full earnings history →
Latest BUR News
Recent stock market news and headlines for Burford Capital Limited (BUR)
Peers Comparison
Key metrics vs top competitors for Burford Capital Limited (BUR)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $4.35 | $952.95M | 15.54 | -28.04% | 18.41% | 1.96% | 2.8% | |
| $3.13 | $370.02M | -87.68 | 288.02% | -5.95% | -7.04% | — | |
| $7.30 | $724.29M | 10.14 | 2.2% | 34.83% | 5.84% | — | |
| $89.51 | $1.92B | 8.20 | 33.89% | 16.02% | 30.7% | — | |
| $25.00 | $1.29B | 25.25 | -2.67% | 6.04% | 4.95% | — | |
| $18.33 | $699.12M | -2.35 | 10.36% | -21.88% | -25% | — |
Compare BUR vs Peers
Burford Capital Limited (BUR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
BUR SEC Filings & Documents
Burford Capital Limited (BUR) SEC filings — annual & quarterly reports (10-K, 10-Q)
8-K Announcements
6Material company update
May 14, 2026·SEC
Material company update
May 8, 2026·SEC
Material company update
Mar 27, 2026·SEC
10-K Annual Reports
210-Q Quarterly Reports
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BUR Frequently Asked Questions
Burford Capital Limited (BUR) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Burford Capital Limited's revenue?
Burford Capital Limited (BUR) reported $342.4M in revenue for fiscal year 2025.
How fast is Burford Capital Limited growing?
Burford Capital Limited (BUR) saw revenue decline by 28.0% over the past year.
Is BUR profitable?
Yes, Burford Capital Limited (BUR) is profitable, generating $62.6M in net income for fiscal year 2025 (18.4% net margin).
Dividend & Returns
Does BUR pay dividends?
Yes, Burford Capital Limited (BUR) pays a dividend with a yield of 2.80%. This makes it attractive for income-focused investors.
What is BUR's return on equity?
Burford Capital Limited (BUR) has a return on equity (ROE) of 2.0%. This is below average, suggesting room for improvement.
What is Burford Capital Limited's free cash flow?
Burford Capital Limited (BUR) had negative free cash flow of $29.3M in fiscal year 2025, likely due to heavy capital investments.