The Tip Desk

Burford Capital Ltd

Company Stats

Market Cap
$860.8M
as of Sep 30, 2026
Enterprise Value
$2.4B
Shares Outstanding
219.6M
Free Float
91.1%

Income Statement

Revenue
$413.4M
Operating Income
$232.1M
Net Income
$62.6M
Revenue Growth, 3Y
9.0%
FCF Margin, 3Y Avg
2.3%
FCF Margin, Worst Year
-25.6%

Cash Flow

Free Cash Flow
-$29.3M
FCF Yield
-3.4%
Owner FCF Yield
-5.0%

Balance Sheet

Cash & Equivalents
$566.4M
Total Debt
$2.2B
Net Debt
$1.6B
Net Debt / EBIT
6.84x

Returns & Capital

Dividends Paid
$27.4M
Dividend Yield
3.2%
Dividend Payout, 3Y Avg
22.3%
Share Repurchases
$15.3M
Buyback Yield, 3Y Avg
0.9%
SBC, 3Y Avg
$10.4M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$413.4M-$29.3M-7.1%
FY2024$546.1M$216.1M39.6%
FY2023$1.1B-$277.9M-25.6%
FY2022$319.2M-$466.5M-146.1%

Annual filing data through FY ended December 31, 2025; shares and float as of November 3, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage