📊 BUR Key Takeaways
Investment Thesis
Burford Capital exhibits deteriorating operational performance with revenue declining 24.3% YoY and net income falling 13.3% YoY, indicating core business contraction in its litigation finance segment. The company faces severe cash flow challenges with negative operating cash flow of -$29.0M and negative free cash flow of -$7.1% margin, coupled with weak interest coverage of 1.6x and elevated leverage, raising concerns about sustainability of capital allocation and debt servicing capability.
BUR Strengths
- Strong operating margin of 56.2% demonstrates pricing power and operational efficiency in core business
- Solid equity base of $2.4B provides capital buffer with debt-to-equity ratio of 0.87x below concerning levels
- Substantial cash reserves of $566.4M offer liquidity cushion for near-term obligations and strategic investments
BUR Risks
- Significant revenue decline of 24.3% YoY suggests loss of market share or reduced case deployment in litigation finance market
- Negative operating cash flow of -$29.0M despite $62.6M net income indicates poor cash conversion and potential earnings quality issues
- Weak interest coverage ratio of 1.6x combined with $2.1B long-term debt creates refinancing risk and constrains financial flexibility
- Diluted EPS collapsed 57.6% YoY signaling substantial shareholder value destruction and potential share dilution
Key Metrics to Watch
- Operating cash flow recovery trajectory and cash conversion ratio
- Revenue stabilization and case portfolio deployment trends
- Interest coverage ratio improvement and debt refinancing activity
- Return on equity recovery from depressed 2.6% level
BUR Financial Metrics
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
BUR Profitability Ratios
BUR vs Finance Sector
How Burford Capital Ltd compares to Finance sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
BUR Balance Sheet & Liquidity
BUR 5-Year Financial Trend
5-Year Trend Summary: Burford Capital Ltd's revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $2.74 reflects profitable operations.
BUR Growth Metrics (YoY)
BUR Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $69.8M | -$19.2M | $-0.09 |
| Q2 2025 | $159.7M | $23.8M | $0.11 |
| Q1 2025 | $44.3M | -$29.9M | $-0.14 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
BUR Capital Allocation
BUR SEC Filings
Access official SEC EDGAR filings for Burford Capital Ltd (CIK: 0001714174)
📋 Recent SEC Filings
| Date | Form | Document | Action |
|---|---|---|---|
| Mar 9, 2026 | 4 | xslF345X05/wk-form4_1773089082.xml | View → |
| Mar 9, 2026 | 4 | xslF345X05/wk-form4_1773089013.xml | View → |
| Mar 9, 2026 | 4 | xslF345X05/wk-form4_1773088934.xml | View → |
| Mar 9, 2026 | 4 | xslF345X05/wk-form4_1773088879.xml | View → |
| Mar 9, 2026 | 4 | xslF345X05/wk-form4_1773088803.xml | View → |
❓ Frequently Asked Questions about BUR
What is the AI rating for BUR?
Burford Capital Ltd (BUR) has an AI rating of SELL with 75% confidence, based on fundamental analysis of SEC EDGAR filings.
What are BUR's key strengths?
Strong operating margin of 56.2% demonstrates pricing power and operational efficiency in core business. Solid equity base of $2.4B provides capital buffer with debt-to-equity ratio of 0.87x below concerning levels.
What are the risks of investing in BUR?
Significant revenue decline of 24.3% YoY suggests loss of market share or reduced case deployment in litigation finance market. Negative operating cash flow of -$29.0M despite $62.6M net income indicates poor cash conversion and potential earnings quality issues.
What is BUR's revenue and growth?
Burford Capital Ltd reported revenue of $413.4M.
Does BUR pay dividends?
Burford Capital Ltd does not currently pay dividends.
Where can I find BUR SEC filings?
Official SEC filings for Burford Capital Ltd (CIK: 0001714174) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is BUR's EPS?
Burford Capital Ltd has a diluted EPS of $0.28.
How is the AI analysis conducted?
Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.