Burlington Stores, Inc. (BURL) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
1830 ROUTE 130 NORTH BURLINGTON, NJ 08016 |
| State of Incorp. | DE |
| Fiscal Year End | January 31 |
| Industry (SIC) | 5311 - Department Stores (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 1/31/2025 | 1/31/2024 | 1/31/2023 | 1/31/2022 | 1/31/2021 | 1/31/2020 | 1/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 925 | 873 | 1,091 | 1,380 | 403 | 112 | |||
| Cash and cash equivalent | 925 | 873 | 1,091 | 1,380 | 403 | 112 | |||
| Restricted cash and investments | 7 | 7 | 7 | 7 | 22 | ||||
| Receivables | 74 | 71 | 54 | 62 | 92 | 59 | |||
| Inventory, net of allowances, customer advances and progress billings | 1,088 | 1,182 | 1,021 | 741 | 777 | 954 | |||
| Inventory | 1,088 | 1,182 | 1,021 | 741 | 777 | 954 | |||
| Asset, held-for-sale, not part of disposal group | 23 | 20 | 4 | 7 | 2 | ||||
| Other undisclosed current assets | 216 | 132 | 371 | 314 | 137 | 125 | |||
| Total current assets: | 2,327 | 2,284 | 2,548 | 2,511 | 1,417 | 1,272 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 1,880 | 1,668 | 1,552 | 1,439 | 1,403 | 1,254 | |||
| Intangible assets, net (including goodwill) | 285 | 285 | 285 | 285 | 286 | 449 | |||
| Goodwill | 47 | 47 | 47 | 47 | 47 | 47 | |||
| Intangible assets, net (excluding goodwill) | 238 | 238 | 238 | 238 | 239 | 402 | |||
| Other noncurrent assets | 79 | 84 | 62 | 73 | 86 | 100 | |||
| Other undisclosed noncurrent assets | 3,135 | 2,949 | 2,642 | 2,474 | 2,402 | 4 | |||
| Total noncurrent assets: | 5,380 | 4,986 | 4,542 | 4,270 | 4,176 | 1,807 | |||
| TOTAL ASSETS: | 7,707 | 7,270 | 7,090 | 6,781 | 5,594 | 3,079 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 956 | 956 | 1,081 | 863 | 759 | 849 | |||
| Accounts payable | 956 | 956 | 1,081 | 863 | 759 | 849 | |||
| Debt | 14 | 14 | 14 | 4 | 4 | 3 | |||
| Self insurance reserve | 38 | 36 | 34 | 33 | 35 | ||||
| Other liabilities | 647 | 541 | 494 | 513 | 397 | 396 | |||
| Other undisclosed current liabilities | 373 | 365 | 325 | 271 | 267 | ||||
| Total current liabilities: | 2,029 | 1,912 | 1,948 | 1,684 | 1,462 | 1,248 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 1,395 | 1,462 | 1,541 | 1,928 | 1,002 | 984 | |||
| Finance lease, liability | 25 | 29 | 39 | 44 | 47 | ✕ | |||
| Other undisclosed long-term debt and lease obligation | 1,370 | 1,433 | (1,038) | 1,884 | 955 | 984 | |||
| Liabilities, other than long-term debt | 3,286 | 3,101 | 349 | 352 | 142 | 525 | |||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 179 | ||
| Deferred income tax liabilities | 228 | 206 | 220 | 200 | ✕ | ||||
| Other liabilities | 74 | 69 | 81 | 104 | 98 | 346 | |||
| Operating lease, liability | 2,985 | 2,825 | 2,539 | ✕ | |||||
| Self insurance reserve | 48 | 48 | 44 | ||||||
| Total noncurrent liabilities: | 4,681 | 4,563 | 1,890 | 2,279 | 1,144 | 1,509 | |||
| Total liabilities: | 6,710 | 6,475 | 3,838 | 3,963 | 2,606 | 2,756 | |||
| Equity | |||||||||
| Equity, attributable to parent | 997 | 795 | 760 | 465 | 528 | 323 | |||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Treasury stock, value | (2,139) | (1,894) | (1,577) | (1,310) | (1,245) | (922) | |||
| Additional paid in capital | 2,118 | 2,016 | 1,928 | 1,810 | 1,587 | 1,509 | |||
| Accumulated other comprehensive income (loss) | 34 | 29 | (4) | (23) | (19) | (4) | |||
| Retained earnings (accumulated deficit) | 984 | 644 | 414 | (12) | 205 | (261) | |||
| Total equity: | 997 | 795 | 760 | 465 | 528 | 323 | |||
| Other undisclosed liabilities and equity | 2,492 | 2,353 | 2,460 | ||||||
| TOTAL LIABILITIES AND EQUITY: | 7,707 | 7,270 | 7,090 | 6,781 | 5,594 | 3,079 | |||
Income Statement (P&L) ($ in millions)
| 1/31/2025 | 1/31/2024 | 1/31/2023 | 1/31/2022 | 1/31/2021 | 1/31/2020 | 1/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 9,727 | 8,703 | 9,322 | 5,764 | 7,286 | 6,668 | ||
| Cost of revenue | (5,967) | (5,496) | (5,901) | (3,869) | (4,473) | (4,135) | ||
| Cost of product and service sold | (5,584) | (5,172) | (5,436) | (3,555) | (4,229) | (3,868) | ||
| Gross profit: | 3,760 | 3,206 | 3,422 | 1,895 | 2,813 | 2,533 | ||
| Operating expenses | (3,295) | (2,899) | (2,876) | (2,333) | (2,232) | (2,026) | ||
| Operating income (loss): | 466 | 308 | 545 | (438) | 581 | 508 | ||
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | 41 | 27 | (12) | 8 | 17 | 11 | ||
| Interest and debt expense | (38) | (15) | (156) | (0) | (1) | (2) | ||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (8) | (15) | (9) | |||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 468 | 320 | 378 | (438) | 581 | 508 | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (3) | (12) | 168 | |||||
| Income (loss) from continuing operations before income taxes: | 466 | 308 | 545 | (438) | 581 | 508 | ||
| Income tax expense (benefit) | (126) | (77) | (136) | 221 | (115) | (93) | ||
| Income (loss) from continuing operations: | 340 | 230 | 409 | (216) | 465 | 415 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 409 | (216) | 465 | 415 | |
| Net income (loss) available to common stockholders, diluted: | 340 | 230 | 409 | (216) | 465 | 415 | ||
Comprehensive Income ($ in millions)
| 1/31/2025 | 1/31/2024 | 1/31/2023 | 1/31/2022 | 1/31/2021 | 1/31/2020 | 1/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 340 | 230 | 409 | (216) | 465 | 415 | ||
| Other comprehensive loss | (4) | (15) | (2) | |||||
| Comprehensive income (loss): | 340 | 230 | 409 | (221) | 450 | 413 | ||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 5 | 33 | 19 | |||||
| Comprehensive income (loss), net of tax, attributable to parent: | 344 | 263 | 427 | (221) | 450 | 413 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.