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Side-by-side financial comparison of Burlington Stores, Inc. (BURL) and T. Rowe Price (TROW). Click either name above to swap in a different company.

Burlington Stores, Inc. is the larger business by last-quarter revenue ($2.7B vs $1.9B, roughly 1.4× T. Rowe Price). T. Rowe Price runs the higher net margin — 23.0% vs 3.9%, a 19.2% gap on every dollar of revenue. On growth, Burlington Stores, Inc. posted the faster year-over-year revenue change (7.1% vs 6.0%). T. Rowe Price produced more free cash flow last quarter ($-85.4M vs $-109.6M). Over the past eight quarters, T. Rowe Price's revenue compounded faster (5.1% CAGR vs -6.9%).

Burlington, formerly known as Burlington Coat Factory, is an American national off-price retailer, and a division of Burlington Coat Factory Warehouse Corporation with more than 1,138 stores in 46 states and Puerto Rico, with its corporate headquarters located in Burlington Township, New Jersey. In 2007, it was acquired by Bain Capital in a transaction and in 2008, Tom Kingsbury became president and CEO. The company went public again in 2013. Burlington is the third largest off-price retailer...

T. Rowe Price Group, Inc. is an American publicly owned global investment management firm that offers funds, subadvisory services, separate account management, and retirement plans and services for individuals, institutions, and financial intermediaries. The firm has assets under management of more than $1.51 trillion and annual revenues of $6.48 billion as of 2023, placing it 537 on the Fortune 1000 list of the largest U.S. companies.

BURL vs TROW — Head-to-Head

Bigger by revenue
BURL
BURL
1.4× larger
BURL
$2.7B
$1.9B
TROW
Growing faster (revenue YoY)
BURL
BURL
+1.1% gap
BURL
7.1%
6.0%
TROW
Higher net margin
TROW
TROW
19.2% more per $
TROW
23.0%
3.9%
BURL
More free cash flow
TROW
TROW
$24.2M more FCF
TROW
$-85.4M
$-109.6M
BURL
Faster 2-yr revenue CAGR
TROW
TROW
Annualised
TROW
5.1%
-6.9%
BURL

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
BURL
BURL
TROW
TROW
Revenue
$2.7B
$1.9B
Net Profit
$104.8M
$445.3M
Gross Margin
44.2%
Operating Margin
5.1%
24.4%
Net Margin
3.9%
23.0%
Revenue YoY
7.1%
6.0%
Net Profit YoY
15.6%
1.2%
EPS (diluted)
$1.63
$1.98

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BURL
BURL
TROW
TROW
Q4 25
$2.7B
$1.9B
Q3 25
$2.7B
$1.9B
Q2 25
$2.5B
$1.7B
Q1 25
$3.3B
$1.8B
Q4 24
$2.5B
$1.8B
Q3 24
$2.5B
$1.8B
Q2 24
$2.4B
$1.7B
Q1 24
$3.1B
$1.8B
Net Profit
BURL
BURL
TROW
TROW
Q4 25
$104.8M
$445.3M
Q3 25
$94.2M
$646.1M
Q2 25
$100.8M
$505.2M
Q1 25
$260.8M
$490.5M
Q4 24
$90.6M
$439.9M
Q3 24
$73.8M
$603.0M
Q2 24
$78.5M
$483.4M
Q1 24
$227.5M
$573.8M
Gross Margin
BURL
BURL
TROW
TROW
Q4 25
44.2%
Q3 25
43.7%
Q2 25
43.8%
Q1 25
42.9%
Q4 24
43.9%
Q3 24
42.8%
Q2 24
43.5%
Q1 24
42.7%
Operating Margin
BURL
BURL
TROW
TROW
Q4 25
5.1%
24.4%
Q3 25
4.7%
34.0%
Q2 25
5.3%
27.8%
Q1 25
10.6%
33.8%
Q4 24
4.7%
31.2%
Q3 24
4.0%
34.4%
Q2 24
4.7%
32.6%
Q1 24
10.0%
33.5%
Net Margin
BURL
BURL
TROW
TROW
Q4 25
3.9%
23.0%
Q3 25
3.5%
34.1%
Q2 25
4.0%
29.3%
Q1 25
8.0%
27.8%
Q4 24
3.6%
24.1%
Q3 24
3.0%
33.8%
Q2 24
3.3%
27.9%
Q1 24
7.3%
32.8%
EPS (diluted)
BURL
BURL
TROW
TROW
Q4 25
$1.63
$1.98
Q3 25
$1.47
$2.87
Q2 25
$1.58
$2.24
Q1 25
$4.03
$2.15
Q4 24
$1.40
$1.91
Q3 24
$1.15
$2.64
Q2 24
$1.22
$2.11
Q1 24
$3.51
$2.49

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BURL
BURL
TROW
TROW
Cash + ST InvestmentsLiquidity on hand
$584.1M
$3.4B
Total DebtLower is stronger
$2.0B
Stockholders' EquityBook value
$1.5B
$10.9B
Total Assets
$9.6B
$14.3B
Debt / EquityLower = less leverage
1.32×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BURL
BURL
TROW
TROW
Q4 25
$584.1M
$3.4B
Q3 25
$747.6M
$3.6B
Q2 25
$371.1M
$3.1B
Q1 25
$994.7M
$2.8B
Q4 24
$857.8M
$2.6B
Q3 24
$659.9M
$3.2B
Q2 24
$742.3M
$2.7B
Q1 24
$925.4M
$2.4B
Total Debt
BURL
BURL
TROW
TROW
Q4 25
$2.0B
Q3 25
$2.0B
Q2 25
$1.6B
Q1 25
$1.5B
Q4 24
$1.5B
Q3 24
$1.2B
Q2 24
$1.2B
Q1 24
$1.4B
Stockholders' Equity
BURL
BURL
TROW
TROW
Q4 25
$1.5B
$10.9B
Q3 25
$1.4B
$10.8B
Q2 25
$1.4B
$10.6B
Q1 25
$1.4B
$10.4B
Q4 24
$1.1B
$10.3B
Q3 24
$1.1B
$10.2B
Q2 24
$1.0B
$9.9B
Q1 24
$996.9M
$9.8B
Total Assets
BURL
BURL
TROW
TROW
Q4 25
$9.6B
$14.3B
Q3 25
$9.3B
$14.7B
Q2 25
$8.5B
$14.3B
Q1 25
$8.8B
$14.0B
Q4 24
$8.4B
$13.5B
Q3 24
$7.8B
$13.7B
Q2 24
$7.7B
$13.1B
Q1 24
$7.7B
$12.9B
Debt / Equity
BURL
BURL
TROW
TROW
Q4 25
1.32×
Q3 25
1.40×
Q2 25
1.21×
Q1 25
1.12×
Q4 24
1.35×
Q3 24
1.15×
Q2 24
1.20×
Q1 24
1.40×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BURL
BURL
TROW
TROW
Operating Cash FlowLast quarter
$143.3M
$-18.7M
Free Cash FlowOCF − Capex
$-109.6M
$-85.4M
FCF MarginFCF / Revenue
-4.1%
-4.4%
Capex IntensityCapex / Revenue
9.3%
3.4%
Cash ConversionOCF / Net Profit
1.37×
-0.04×
TTM Free Cash FlowTrailing 4 quarters
$-358.5M
$1.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BURL
BURL
TROW
TROW
Q4 25
$143.3M
$-18.7M
Q3 25
$179.4M
$609.3M
Q2 25
$-28.9M
$529.9M
Q1 25
$543.2M
$632.9M
Q4 24
$110.4M
$-281.9M
Q3 24
$160.4M
$652.5M
Q2 24
$49.4M
$677.7M
Q1 24
$598.5M
$637.3M
Free Cash Flow
BURL
BURL
TROW
TROW
Q4 25
$-109.6M
$-85.4M
Q3 25
$-101.0K
$546.0M
Q2 25
$-438.6M
$467.7M
Q1 25
$189.8M
$550.9M
Q4 24
$-56.2M
$-394.9M
Q3 24
$-35.2M
$547.9M
Q2 24
$-115.5M
$574.4M
Q1 24
$410.3M
$534.8M
FCF Margin
BURL
BURL
TROW
TROW
Q4 25
-4.1%
-4.4%
Q3 25
-0.0%
28.8%
Q2 25
-17.5%
27.1%
Q1 25
5.8%
31.2%
Q4 24
-2.2%
-21.6%
Q3 24
-1.4%
30.7%
Q2 24
-4.9%
33.1%
Q1 24
13.1%
30.6%
Capex Intensity
BURL
BURL
TROW
TROW
Q4 25
9.3%
3.4%
Q3 25
6.6%
3.3%
Q2 25
16.4%
3.6%
Q1 25
10.8%
4.6%
Q4 24
6.6%
6.2%
Q3 24
7.9%
5.9%
Q2 24
7.0%
6.0%
Q1 24
6.0%
5.9%
Cash Conversion
BURL
BURL
TROW
TROW
Q4 25
1.37×
-0.04×
Q3 25
1.91×
0.94×
Q2 25
-0.29×
1.05×
Q1 25
2.08×
1.29×
Q4 24
1.22×
-0.64×
Q3 24
2.18×
1.08×
Q2 24
0.63×
1.40×
Q1 24
2.63×
1.11×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BURL
BURL

Segment breakdown not available.

TROW
TROW

Asset Management1$1.7B90%
Administrative Distribution Servicing And Other Fee Revenue$141.5M7%
Other$40.8M2%
Performance Based Advisory Fees$14.2M1%

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