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Off-price retailer selling discounted brand-name apparel, home goods and footwear through Burlington stores.
Off-price retailer selling discounted brand-name apparel, home goods and footwear through Burlington stores.
Buys branded goods from makers and department stores at a discount, including excess and last-minute orders, and sells them below full retail prices, so profit depends on buying well and turning stock quickly; apparel is the largest category. It began selling coats, was bought out by Bain Capital in 2006 and relisted in 2013.
Moat: narrow (scale, cost advantage). Off-price buying scale supports low prices, though smaller and less mature than TJX and Ross.
Headquarters: Burlington, New Jersey, US · Founded: 1972 · Employees: 83,309
Size Burlington Stores (BURL) is a United States Consumer Discretionary company (Apparel/Footwear Retail) with a market value of $15.5B, the 584th largest of 3,117 United States companies the cockpit tracks. Shares closed at $246.76 on 6 Nov 2026.
Performance Over six months the shares fell 19.0%, against +12.1% for the median peer and -1.1% for the United States market (cap-weighted) — 3rd lowest of 16 in its peer set.
Growth Revenue grew 10.9% over the last twelve months (peer median +11.0%); the operating margin is 8.2% (peer median 10.8%).
Valuation It trades at 20.5× forward earnings against a peer median of 16.6× (7th most expensive of 15).
Price implies For today's price to make sense, revenue must grow about 18% a year for seven years (Req g). Recent delivered growth is +15%, so the hurdle is +3 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 0.5 points above its cost of capital (10.5% WACC).
Credit Burlington Stores has 1 bond outstanding ($186M).
Short interest Short interest is 5.3% of the free float (15 Oct 2026).
Next results Next results expected around 24 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $12.2B | $11.5B | $10.6B | $9.72B | $8.69B |
| Revenue growth | — | +9% | +9% | +12% | — |
| Gross profit | $5.00B | $4.64B | $4.24B | $3.83B | $3.25B |
| EBITDA | $1.45B | $1.25B | $1.06B | $861M | $673M |
| Net income | $714M | $610M | $504M | $340M | $230M |
| Free cash flow | $412M | $172M | -$17.0M | $351M | $145M |
| Capital expenditure | $1.00B | $1.06B | $880M | $517M | $451M |
| Total debt | $5.91B | $6.01B | $5.37B | $4.80B | $4.70B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Burlington Stores BURL | $15.5B | -19% | +11% | 8% | 20.5× | 18.2% |
| TJX Companies TJX | $149B | -11% | +8% | 12% | 25.1× | 3.7% |
| Ross Stores ROST | $73.8B | +3% | +14% | 13% | 27.0× | 11.0% |
| Ollie's Bargain Outlet OLLI | $5.37B | +10% | +14% | 12% | 19.8× | 1.5% |
| Citi Trends CTRN | $375M | -3% | +11% | 1% | 22.1× | 49.7% |
| Macy's M | $6.03B | +18% | 0% | 4% | 10.8× | -1.1% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | BURL | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -10.9% | +7.7% | lowest of 16 |
| 6-month return | -19.0% | +12.1% | 3rd lowest of 16 |
| Distance from 52-week high | -34.8% | -9.5% | 3rd lowest of 16 |
| Revenue growth (TTM) | +10.9% | +11.0% | 8th lowest of 16 |
| Operating margin | 8.2% | 10.8% | 4th lowest of 16 |
| Forward P/E | 20.5× | 16.6× | 7th most expensive of 15 |
| Growth the price implies (Req g, 7 yrs) | 18.2% | 11.7% | 6th most demanding of 15 |
| Growth delivered (Del g) | +14.9% | +13.9% | 8th highest of 15 |
| Hurdle (Req g minus delivered) | +3.2 pp | -4.9 pp | 4th most demanding of 15 |
| ROIC minus cost of capital | +0.5 pp | +4.9 pp | 6th lowest of 16 |
| EV / EBITDA | 14.3× | 10.8× | 6th most expensive of 15 |
| Net debt / EBITDA | 3.6× | 1.0× | most indebted of 15 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Burlington Stores BURL | United States | $15.5B | -19% | +11% | 8% | 20.5× | 18.2% | +14.9% |
| Allegro.eu ALE.WA | Poland | $15.5B | +97% | +8% | 20% | 30.8× | 22.1% | +23.4% |
| Trent TRENT.NS | India | $17.4B | +8% | +18% | 12% | 75.1× | 60.1% | +50.6% |
| Lpp LPP.WA | Poland | $13.0B | +36% | +15% | 13% | 17.4× | 17.5% | +24.1% |
| Aritzia ATZ.TO | Canada | $12.5B | +9% | +40% | 16% | 27.1× | 22.0% | +34.0% |
| Meesho MEESHO.NS | India | $11.4B | +17% | +34% | -9% | n/a | n/a | n/a |
| Tapestry TPR | United States | $26.4B | 0% | +14% | 24% | 15.8× | 9.0% | +6.9% |
| Victoria's Secret & VSXY | United States | $8.62B | +125% | +10% | 8% | 21.4× | 20.0% | +3.9% |
| H&M Hennes & Mauritz HM-B.ST | Sweden | $29.1B | +12% | -4% | 9% | 22.3× | 4.5% | +4.1% |
| Gap GAP | United States | $7.55B | -8% | +1% | 11% | 8.4× | -2.3% | +2.2% |
| Urban Outfitters URBN | United States | $7.26B | +18% | +11% | 10% | 13.1× | 6.9% | +12.3% |
| Abercrombie & Fitch ANF | United States | $6.35B | +57% | +5% | 14% | 12.1× | -2.7% | +11.0% |
| JD Sports Fashion JD..L | United Kingdom | $6.03B | +37% | +2% | 7% | 9.0× | 1.4% | +15.5% |
| SHIMAMURA 8227.T | Japan | $4.69B | +2% | +5% | 9% | 14.3× | -9.9% | +5.2% |
| Vishal Mega Mart VMM.NS | India | $4.67B | -25% | +18% | 9% | 43.8× | 32.3% | +19.4% |
| Boot Barn BOOT | United States | $3.92B | -20% | +17% | 14% | 14.6× | 14.3% | +20.3% |
Burlington Stores has 1 bond outstanding with $186M face value.