Over the five-year span Burlington Stores’ total assets climbed from $6,781m in 2021 to $8,770m in 2025, a rise of about $1,989m (+29.3%). Growth was steady year‑to‑year with the largest single-year increase in 2025 (+13.8%). Total liabilities also grew but more slowly overall, from $6,316m to $7,400m (+$1,084m, +17.2%), with the biggest jump in 2025. As a result the company’s leverage eased: liabilities-to-assets fell from ~93% in 2021 to ~84% in 2025, and the equity-to-assets ratio roughly doubled from ~6.9% to ~15.6%. Stockholders’ equity expanded sharply—from $465m to $1,370m (+195%)—with notable step-ups in 2022 and again in 2024–2025. That rapid equity build-up (likely reflecting retained earnings, improved profitability and/or capital transactions) materially strengthened the balance sheet, lowering financial risk and increasing capacity for investment or store/network expansion. The 2025 increases in both assets and liabilities could reflect inventory buildup or financing tied to growth initiatives; overall, Burlington’s trend is toward stronger capitalization and lower relative leverage, which is a favorable posture for a retail/off‑price operator facing inventory and lease-driven working capital needs.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.