Company Analysis

Burford Capital Limited (BUR)

NYSE: BUR · Finance Services · filing with the SEC since 2017
Grade6.0
◀ Past 6.2● Present 7.1▶ Future 4.0
1 est.

The grade of Burford Capital Limited

Nine metrics read from its own filings, by tense
Headline grade
6.0/10
◀ Past6.240% of the headline
● Present7.135% of the headline
▶ Future4.025% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

6.2/1040% of the headline grade · 3 of 3 filed

Surviving crises

as filed
6.7/10

Has it survived what it has been through?

1 warning event since 2017; the latest 2023-05-02.

weight 45% of this tense · 67th percentile among 130 sector filers · read for itself

From the record

Burford Capital Limited's filings since 2017 show 1 warning event: a late-report notice (Form NT 10-K or NT 10-Q, the latest 2023-05-02) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
4.2/10

What has it actually done, year after year?

-4.2% a year over 7 filed years; profitable in 6 of 7.

weight 22% of this tense · 42nd percentile among 104 sector filers · read for its customers

From the record

Burford Capital Limited's 7 filed years say what it did: revenue went from $534 million in fiscal 2019 to $413 million in fiscal 2025, down 4.2% a year; it rose in 2 of 6 years; the deepest fall was 62% from fiscal 2023 to fiscal 2025; net income was positive in 6 of 7 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span-4.2%bottom 25% of its family
  • the share of years revenue rosebottom 22% of its family
  • the share of filed years with a profittop 13% of its family
  • the deepest fall from a revenue peak62.0%bottom 34% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
7.0/10

How has it treated the people who own it?

Share count grew 0.4% a year. 6% of cash flow returned. Insiders: 0 sales, 0 purchases.

weight 33% of this tense · 70th percentile among 53 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Burford Capital Limited's diluted share count grew about 0.4% a year, and dividends and buybacks returned about 6% of its net income over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 19% of its family
  • cash returned against operating cash flowtop 42% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

7.1/1035% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
6.7/10

Is it financially healthy right now?

ROE 2%: 2¢ of profit per shareholder dollar. Leverage 53%: owes 53¢ per asset dollar.

weight 45% of this tense · 67th percentile among 117 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Burford Capital Limited earned about 2 cents of profit for every dollar of shareholders' money. Leverage: it owed about 53 cents per dollar of assets, and net share issuance: its share count grew 0.6% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 47% of its family
  • return on equitytop 29% of its family
  • the share count against the year beforetop 16% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
6.7/10

How strong is its position in its industry?

top 33% of 114 in its family; net margin 15.1%.

weight 33% of this tense · 67th percentile among 114 sector filers · read for its customers

From the record

Burford Capital Limited's standing among 114 graded names in its industry family: revenue of $413 million in fiscal 2025 ranks in the top 28% by size; a net margin of 15.1% ranks in the top 19%; revenue growth of 9% a year over the last 3 filed years ranks in the bottom 49% (its annual reports).

What it rests on

  • revenue against the family$413Mtop 28% of its family
  • net margin15.1%top 19% of its family
  • three-year revenue growth9.0%bottom 49% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
8.3/10

What are the people in charge doing?

SI estimate 8.3/10, confidence 35 of 100 (one part).

weight 22% of this tense · 83rd percentile among 92 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, officer and director changes on Form 8-K over three years, against the people in charge, which ranks in the top 17% of 92 in its family; the record of its people begins on 2025-01-02 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 1.9 years and cannot see past it; a floor under five years is not read as years in charge.
What the record cannot read
The record of its people begins on 2025-01-02 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 1.9 years and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned
one part: officer and director changes on Form 8-K, against the people in charge, the one part on file, ranked among 92 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Burford Capital Limited's leadership is put at 8.3 of 10 with a confidence of 35 of 100, because read from one part only, officer and director changes on Form 8-K over three years, against the people in charge, which ranks in the top 17% of 92 in its family; the record of its people begins on 2025-01-02 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 1.9 years and cannot see past it; a floor under five years is not read as years in charge. A filing that carries the missing parts replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

4.0/1025% of the headline grade · 3 of 3 filed

Room to expand

as filed
3.6/10

How much room does it have to grow?

bottom 36% of 108 in its family for room to expand.

weight 33% of this tense · 36th percentile among 108 sector filers · read for itself

From the record

Burford Capital Limited's room to grow, from the newest filed statements (fiscal 2025): cash of $566 million against debt of $2.1 billion leaves -23.5% of its assets as net cash, bottom 6% of its family; cash from operations less capital spending is -7.1% of revenue (top 33%) (its annual report).

What it rests on

  • cash less debt against assets-23.5%bottom 6% of its family
  • cash from operations less capital spending against revenue-7.1%top 33% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
4.8/10

What could actually drive growth from here?

bottom 48% of 100 in its family for growth drivers.

weight 33% of this tense · 48th percentile among 100 sector filers · read for its customers

From the record

Burford Capital Limited's growth drivers, from the filed years to fiscal 2025: revenue grew 9% a year over the last three filed years against -4.2% over all 7, speeding up (top 12% of its family); the newest year grew -24.3% (bottom 18%); capital spending grew -11.3% a year (bottom 39%) (its annual reports). Burford Capital Limited reported 2 lines of business in fiscal 2025: Principal Finance at $359 million, Asset Management and Other Services at $37 million. 0 of 2 grew in the latest filed year, and the largest line is 91% of revenue (its annual report).

What it rests on

  • three-year growth against the whole span+13.2 points a yeartop 12% of its family
  • the newest year's revenue growth-24.3%bottom 18% of its family
  • three-year growth of capital spending-11.3%bottom 39% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
3.4/10

Did its newest year beat what its own record pointed to?

bottom 34% of 78 in its family for expectations against reality.

weight 33% of this tense · 34th percentile among 78 sector filers · read for its shareholders

From the record

Burford Capital Limited's newest year against its own record: revenue of $413 million in fiscal 2025 came in 42.1% below the $714 million its prior three years' pace pointed to (bottom 18% of its family); net income of $63 million against a prior three-year average of $263 million (bottom 41%); a net margin of 15.1% against 30.9% before (bottom 43%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-42.1%bottom 18% of its family
  • net income against the prior three years' average-76%bottom 41% of its family
  • net margin against its prior average-15.7 pointsbottom 43% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton BUR · research, not advice