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Curbline Properties (CURB) Financials

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$29.99 +0.77 (+2.64%)
As of 10:35 AM Eastern
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Annual Income Statements for Curbline Properties

Annual Income Statements for Curbline Properties

This table shows Curbline Properties' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024 2025
Period end date 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders
26 31 10 40
Consolidated Net Income / (Loss)
26 31 10 40
Net Income / (Loss) Continuing Operations
26 31 10 40
Total Pre-Tax Income
26 31 10 40
Total Operating Income
27 35 34 31
Total Gross Profit
73 94 121 183
Total Revenue
73 94 121 183
Operating Revenue
73 94 121 183
Total Cost of Revenue
0.00 0.00 0.00 0.00
Total Operating Expenses
46 59 87 152
Selling, General & Admin Expense
11 16 32 59
Depreciation Expense
27 32 42 72
Other Operating Expenses / (Income)
7.99 11 13 21
Total Other Income / (Expense), net
-1.63 -3.53 -24 9.57
Interest Expense
1.62 1.52 0.90 12
Interest & Investment Income
0.00 0.00 7.81 19
Other Income / (Expense), net
-0.01 -2.01 -31 3.16
Income Tax Expense
0.00 0.00 0.00 0.31
Net Income / (Loss) Attributable to Noncontrolling Interest
0.00 0.00 0.01 0.05
Basic Earnings per Share
$0.25 $0.30 $0.10 $0.37
Weighted Average Basic Shares Outstanding
- - 105.04M 105.37M
Diluted Earnings per Share
$0.25 $0.30 $0.09 $0.37
Weighted Average Diluted Shares Outstanding
- - 105.04M 105.37M
Weighted Average Basic & Diluted Shares Outstanding
- - 105.04M 105.37M
Cash Dividends to Common per Share
- - $0.25 $0.67

Quarterly Income Statements for Curbline Properties

This table shows Curbline Properties' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Income / (Loss) Attributable to Common Shareholders
8.78 7.98 6.24 -15 11 11 10 9.35 9.54 3.56
Consolidated Net Income / (Loss)
8.78 7.98 6.24 -15 11 11 10 9.36 9.56 3.57
Net Income / (Loss) Continuing Operations
8.78 7.98 6.24 -15 11 11 10 9.36 9.56 3.57
Total Pre-Tax Income
8.78 7.98 6.24 -15 11 11 10 9.40 9.64 3.64
Total Operating Income
9.17 11 11 8.22 3.83 5.08 6.57 8.97 10 7.62
Total Gross Profit
24 28 28 30 35 39 41 49 54 58
Total Revenue
24 28 28 30 35 39 41 49 54 58
Operating Revenue
24 28 28 30 35 39 41 49 54 58
Total Cost of Revenue
0.00 0.00 0.00 0.00 - 0.00 0.00 0.00 - 0.00
Total Operating Expenses
15 17 18 22 31 34 35 40 44 50
Selling, General & Admin Expense
3.64 4.46 5.26 7.12 15 14 14 14 17 17
Depreciation Expense
7.99 9.24 9.38 11 12 14 16 20 22 26
Other Operating Expenses / (Income)
3.44 3.02 2.98 3.31 4.14 4.82 4.97 5.99 4.91 7.28
Total Other Income / (Expense), net
-0.39 -3.35 -4.31 -24 7.64 5.59 3.91 0.44 -0.36 -3.98
Interest Expense
0.39 0.25 0.17 0.00 0.49 0.57 1.77 3.98 5.82 7.89
Interest & Investment Income
- 0.00 0.00 0.00 7.81 5.65 5.58 4.11 3.22 2.91
Other Income / (Expense), net
-0.00 -3.10 -4.14 -24 0.32 0.50 0.10 0.31 2.25 1.00
Income Tax Expense
- 0.00 0.00 0.00 0.00 0.11 0.07 0.04 0.09 0.07
Net Income / (Loss) Attributable to Noncontrolling Interest
- 0.00 0.00 0.00 0.01 0.01 0.01 0.01 0.01 0.01
Basic Earnings per Share
- $0.08 $0.06 ($0.15) $0.11 $0.10 $0.10 $0.09 $0.08 $0.03
Weighted Average Basic Shares Outstanding
- - - 105.04M 105.04M 105.22M 105.21M 105.37M 105.37M 105.54M
Diluted Earnings per Share
- $0.08 $0.06 ($0.15) $0.10 $0.10 $0.10 $0.09 $0.08 $0.03
Weighted Average Diluted Shares Outstanding
- - - 105.04M 105.04M 105.22M 105.21M 105.37M 105.37M 105.54M
Weighted Average Basic & Diluted Shares Outstanding
- - - 105.04M 105.04M 105.22M 105.21M 105.37M 105.37M 105.54M
Cash Dividends to Common per Share
- - - - - $0.16 $0.16 $0.16 - $0.17

Annual Cash Flow Statements for Curbline Properties

This table details how cash moves in and out of Curbline Properties' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024 2025
Period end date 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents
-0.25 0.13 626 -337
Net Cash From Operating Activities
50 59 54 125
Net Cash From Continuing Operating Activities
50 59 54 125
Net Income / (Loss) Continuing Operations
26 31 10 40
Consolidated Net Income / (Loss)
26 31 10 40
Depreciation Expense
27 32 42 72
Amortization Expense
0.16 0.16 0.35 1.59
Non-Cash Adjustments To Reconcile Net Income
0.00 -0.37 1.15 9.55
Changes in Operating Assets and Liabilities, net
-2.63 -3.56 0.58 1.17
Net Cash From Investing Activities
-323 -186 -437 -803
Net Cash From Continuing Investing Activities
-323 -186 -437 -803
Purchase of Property, Plant & Equipment
-305 -163 -419 -785
Acquisitions
0.00 0.00 -0.91 -2.35
Sale of Property, Plant & Equipment
- 0.56 0.00 1.84
Other Investing Activities, net
-19 -23 -18 -17
Net Cash From Financing Activities
273 127 1,009 342
Net Cash From Continuing Financing Activities
273 127 1,009 342
Repayment of Debt
-3.80 -13 -31 -4.29
Repurchase of Common Equity
- 0.00 0.00 -1.45
Payment of Dividends
- 0.00 0.00 -77
Issuance of Debt
- 0.00 0.00 428
Other Financing Activities, net
277 140 1,040 -3.09

Quarterly Cash Flow Statements for Curbline Properties

This table details how cash moves in and out of Curbline Properties' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Change in Cash & Equivalents
-0.36 0.91 -0.11 1.02 624 -32 -164 0.25 -141 16
Net Cash From Operating Activities
10 15 17 -7.08 29 25 34 39 26 21
Net Cash From Continuing Operating Activities
10 15 17 -7.08 29 25 34 39 26 21
Net Income / (Loss) Continuing Operations
7.63 7.98 6.24 -15 11 11 10 9.36 9.56 3.57
Consolidated Net Income / (Loss)
7.63 7.98 6.24 -15 11 11 10 9.36 9.56 3.57
Depreciation Expense
8.81 9.24 9.38 11 12 14 16 20 22 26
Amortization Expense
0.05 0.02 0.07 - 0.25 0.25 0.35 0.46 0.52 0.57
Non-Cash Adjustments To Reconcile Net Income
- -1.95 -0.73 - 3.83 2.85 3.07 3.10 0.53 2.97
Changes in Operating Assets and Liabilities, net
-6.22 0.19 1.91 -2.77 1.26 -2.76 4.30 6.49 -6.87 -11
Net Cash From Investing Activities
-67 -23 -58 -154 -203 -128 -180 -320 -175 -153
Net Cash From Continuing Investing Activities
-67 -23 -58 -154 -203 -128 -180 -320 -175 -153
Purchase of Property, Plant & Equipment
-61 -18 -54 -144 -203 -125 -155 -333 -172 -141
Acquisitions
- 0.00 - - - -1.29 -21 18 2.34 -6.50
Sale of Property, Plant & Equipment
- - - - - 0.00 - - 1.79 0.00
Other Investing Activities, net
-5.03 -4.69 -3.92 -9.86 0.68 -1.84 -3.40 -4.74 -7.42 -5.47
Net Cash From Financing Activities
56 8.20 41 162 798 71 -18 281 8.53 148
Net Cash From Continuing Financing Activities
56 8.20 41 162 798 71 -18 281 8.53 148
Repayment of Debt
-84 8.20 41 162 -242 0.00 -1.16 -1.70 -1.44 -0.08
Repurchase of Common Equity
- - - - - 0.00 - - -1.06 -0.67
Payment of Dividends
- 0.00 - - - -27 -17 -17 -17 -20
Issuance of Debt
- 0.00 - - - 100 - 300 28 172
Other Financing Activities, net
- 0.00 - - - -2.97 -0.01 -0.09 -0.01 -3.54

Annual Balance Sheets for Curbline Properties

This table presents Curbline Properties' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2023 2024 2025
Period end date 12/31/2023 12/31/2024 12/31/2025
Total Assets
922 2,033 2,470
Total Current Assets
12 642 312
Cash & Equivalents
0.57 626 290
Accounts Receivable
12 16 23
Plant, Property, & Equipment, net
997 1,413 2,171
Plant, Property & Equipment, gross
1,011 1,428 2,198
Accumulated Depreciation
136 165 209
Total Noncurrent Assets
35 129 169
Noncurrent Note & Lease Receivables
0.00 34 21
Intangible Assets
34 83 138
Other Noncurrent Operating Assets
0.42 12 10
Total Liabilities & Shareholders' Equity
922 2,033 2,470
Total Liabilities
59 91 556
Total Current Liabilities
12 24 46
Accounts Payable
12 24 46
Total Noncurrent Liabilities
47 67 511
Long-Term Debt
26 0.00 423
Capital Lease Obligations
21 40 67
Other Noncurrent Operating Liabilities
0.00 27 21
Commitments & Contingencies
0.00 0.00 0.00
Total Equity & Noncontrolling Interests
863 1,943 1,913
Total Preferred & Common Equity
863 1,942 1,909
Preferred Stock
0.00 0.00 0.00
Total Common Equity
863 1,942 1,909
Common Stock
0.00 1,956 1,960
Accumulated Other Comprehensive Income / (Loss)
0.00 1.21 -4.61
Other Equity Adjustments
863 -15 -46
Noncontrolling Interest
0.00 0.77 4.28

Quarterly Balance Sheets for Curbline Properties

This table presents Curbline Properties' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026
Period end date 9/30/2024 3/31/2025 6/30/2025 9/30/2025 3/31/2026
Total Assets
1,167 2,121 2,134 2,445 2,621
Total Current Assets
15 611 449 451 330
Cash & Equivalents
2.54 594 430 430 306
Accounts Receivable
13 17 19 21 24
Plant, Property, & Equipment, net
1,219 1,535 1,687 1,999 2,304
Plant, Property & Equipment, gross
1,219 1,550 1,704 2,019 2,339
Accumulated Depreciation
157 175 184 196 223
Total Noncurrent Assets
90 134 166 171 175
Noncurrent Note & Lease Receivables
- 33 31 28 16
Intangible Assets
63 91 101 129 140
Other Noncurrent Operating Assets
27 11 33 14 19
Total Liabilities & Shareholders' Equity
1,167 2,121 2,134 2,445 2,621
Total Liabilities
50 185 205 522 722
Total Current Liabilities
20 23 36 48 40
Accounts Payable
20 23 36 48 40
Total Noncurrent Liabilities
30 162 169 474 682
Long-Term Debt
0.00 99 99 396 596
Capital Lease Obligations
30 46 53 60 68
Other Noncurrent Operating Liabilities
- 17 17 18 19
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
0.00 1,935 1,929 1,924 1,899
Total Preferred & Common Equity
1,117 1,934 1,926 1,920 1,894
Preferred Stock
0.00 0.00 0.00 0.00 0.00
Total Common Equity
0.00 1,934 1,926 1,920 1,894
Common Stock
0.00 1,955 1,957 1,959 1,958
Accumulated Other Comprehensive Income / (Loss)
- 0.05 -2.82 -3.57 -2.84
Other Equity Adjustments
- -21 -28 -36 -61
Noncontrolling Interest
- 1.63 2.76 3.48 5.09

Annual Metrics And Ratios for Curbline Properties

This table displays calculated financial ratios and metrics derived from Curbline Properties' official financial filings.

Metric 2022 2023 2024 2025
Period end date 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Growth Metrics
- - - -
Revenue Growth
0.00% 28.06% 29.06% 51.30%
EBITDA Growth
0.00% 19.49% -29.47% 136.21%
EBIT Growth
0.00% 18.96% -89.65% 902.76%
NOPAT Growth
0.00% 26.24% -1.80% -10.41%
Net Income Growth
0.00% 20.53% -66.88% 288.21%
EPS Growth
0.00% 20.00% -70.00% 311.11%
Operating Cash Flow Growth
0.00% 18.76% -8.41% 129.64%
Free Cash Flow Firm Growth
0.00% 0.00% 55.70% -71.69%
Invested Capital Growth
0.00% 0.00% 46.10% 52.33%
Revenue Q/Q Growth
0.00% 0.00% 0.00% 11.75%
EBITDA Q/Q Growth
0.00% 0.00% 0.00% 20.46%
EBIT Q/Q Growth
0.00% 0.00% 0.00% 31.54%
NOPAT Q/Q Growth
0.00% 0.00% 0.00% 24.95%
Net Income Q/Q Growth
0.00% 0.00% 0.00% -4.59%
EPS Q/Q Growth
0.00% 0.00% 0.00% -5.13%
Operating Cash Flow Q/Q Growth
0.00% 0.00% 0.00% -2.45%
Free Cash Flow Firm Q/Q Growth
0.00% 0.00% 0.00% 0.00%
Invested Capital Q/Q Growth
0.00% 0.00% 0.00% 8.02%
Profitability Metrics
- - - -
Gross Margin
100.00% 100.00% 100.00% 100.00%
EBITDA Margin
74.02% 69.07% 37.74% 58.93%
Operating Margin
37.41% 36.88% 28.07% 16.74%
EBIT Margin
37.39% 34.74% 2.79% 18.47%
Profit (Net Income) Margin
35.18% 33.11% 8.50% 21.81%
Tax Burden Percent
100.00% 100.00% 99.96% 99.24%
Interest Burden Percent
94.08% 95.33% 305.14% 118.99%
Effective Tax Rate
0.00% 0.00% 0.04% 0.76%
Return on Invested Capital (ROIC)
0.00% 6.70% 2.67% 1.60%
ROIC Less NNEP Spread (ROIC-NNEP)
0.00% 2.52% 20.42% -34.30%
Return on Net Nonoperating Assets (RNNOA)
0.00% 0.49% -1.94% 0.47%
Return on Equity (ROE)
0.00% 7.19% 0.73% 2.07%
Cash Return on Invested Capital (CROIC)
0.00% -193.30% -34.80% -39.88%
Operating Return on Assets (OROA)
0.00% 3.53% 0.23% 1.50%
Return on Assets (ROA)
0.00% 3.37% 0.70% 1.77%
Return on Common Equity (ROCE)
0.00% 7.19% 0.73% 2.07%
Return on Equity Simple (ROE_SIMPLE)
0.00% 3.60% 0.53% 0.00%
Net Operating Profit after Tax (NOPAT)
27 35 34 30
NOPAT Margin
37.41% 36.88% 28.06% 16.61%
Net Nonoperating Expense Percent (NNEP)
0.00% 4.17% -17.75% 35.90%
Return On Investment Capital (ROIC_SIMPLE)
- 3.80% 1.71% 1.26%
Cost of Revenue to Revenue
0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue
15.26% 16.94% 26.14% 32.36%
R&D to Revenue
0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
62.59% 63.12% 71.93% 83.26%
Earnings before Interest and Taxes (EBIT)
27 33 3.37 34
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
54 65 46 108
Valuation Ratios
- - - -
Price to Book Value (P/BV)
0.00 0.00 1.26 1.28
Price to Tangible Book Value (P/TBV)
0.00 0.00 1.31 1.38
Price to Revenue (P/Rev)
0.00 0.00 20.18 13.37
Price to Earnings (P/E)
0.00 0.00 237.68 61.40
Dividend Yield
0.00% 0.00% 1.08% 3.96%
Earnings Yield
0.00% 0.00% 0.42% 1.63%
Enterprise Value to Invested Capital (EV/IC)
0.00 0.00 1.23 1.15
Enterprise Value to Revenue (EV/Rev)
0.00 0.00 15.33 14.49
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 40.63 24.59
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 550.37 78.47
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 54.66 87.22
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 0.00 34.16 21.27
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 0.00
Leverage & Solvency
- - - -
Debt to Equity
0.00 0.05 0.02 0.26
Long-Term Debt to Equity
0.00 0.05 0.02 0.26
Financial Leverage
0.00 0.20 -0.10 -0.01
Leverage Ratio
0.00 1.07 1.05 1.17
Compound Leverage Factor
0.00 1.02 3.21 1.39
Debt to Total Capital
0.00% 5.17% 2.03% 20.39%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
0.00% 5.17% 2.03% 20.39%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.04% 0.18%
Common Equity to Total Capital
0.00% 94.83% 97.94% 79.44%
Debt to EBITDA
0.00 0.73 0.88 4.55
Net Debt to EBITDA
0.00 0.72 -12.85 1.86
Long-Term Debt to EBITDA
0.00 0.73 0.88 4.55
Debt to NOPAT
0.00 1.36 1.18 16.12
Net Debt to NOPAT
0.00 1.34 -17.29 6.60
Long-Term Debt to NOPAT
0.00 1.36 1.18 16.12
Altman Z-Score
0.00 0.00 16.59 2.89
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.03% 0.13%
Liquidity Ratios
- - - -
Current Ratio
0.00 1.02 27.08 6.86
Quick Ratio
0.00 1.01 27.08 6.86
Cash Flow Metrics
- - - -
Free Cash Flow to Firm (FCFF)
0.00 -997 -442 -758
Operating Cash Flow to CapEx
16.38% 36.25% 12.96% 15.90%
Free Cash Flow to Firm to Interest Expense
0.00 -655.95 -490.23 -62.46
Operating Cash Flow to Interest Expense
30.81 38.97 60.22 10.26
Operating Cash Flow Less CapEx to Interest Expense
-157.32 -68.54 -404.49 -54.27
Efficiency Ratios
- - - -
Asset Turnover
0.00 0.10 0.08 0.08
Accounts Receivable Turnover
0.00 8.12 8.82 9.53
Inventory Turnover
0.00 0.00 0.00 0.00
Fixed Asset Turnover
0.00 0.09 0.10 0.10
Accounts Payable Turnover
0.00 0.00 0.00 0.00
Days Sales Outstanding (DSO)
0.00 44.93 41.39 38.32
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
0.00 0.00 0.00 0.00
Cash Conversion Cycle (CCC)
0.00 44.93 41.39 38.32
Capital & Investment Metrics
- - - -
Invested Capital
0.00 1,032 1,507 2,296
Invested Capital Turnover
0.00 0.18 0.10 0.10
Increase / (Decrease) in Invested Capital
0.00 1,032 476 789
Enterprise Value (EV)
0.00 0.00 1,854 2,650
Market Capitalization
0.00 0.00 2,439 2,446
Book Value per Share
$0.00 $0.00 $18.49 $18.12
Tangible Book Value per Share
$0.00 $0.00 $17.70 $16.81
Total Capital
0.00 910 1,983 2,403
Total Debt
0.00 47 40 490
Total Long-Term Debt
0.00 47 40 490
Net Debt
0.00 46 -586 200
Capital Expenditures (CapEx)
305 163 419 783
Debt-free, Cash-free Net Working Capital (DFCFNWC)
0.00 -0.47 -7.83 -23
Debt-free Net Working Capital (DFNWC)
0.00 0.26 619 267
Net Working Capital (NWC)
0.00 0.26 619 267
Net Nonoperating Expense (NNE)
1.63 3.53 24 -9.50
Net Nonoperating Obligations (NNO)
0.00 169 -435 382
Total Depreciation and Amortization (D&A)
27 32 42 74
Debt-free, Cash-free Net Working Capital to Revenue
0.00% -0.50% -6.48% -12.57%
Debt-free Net Working Capital to Revenue
0.00% 0.27% 511.72% 145.74%
Net Working Capital to Revenue
0.00% 0.27% 511.72% 145.74%
Earnings Adjustments
- - - -
Adjusted Basic Earnings per Share
$0.00 $0.00 $0.10 $0.37
Adjusted Weighted Average Basic Shares Outstanding
0.00 0.00 105.04M 105.37M
Adjusted Diluted Earnings per Share
$0.00 $0.00 $0.09 $0.37
Adjusted Weighted Average Diluted Shares Outstanding
0.00 0.00 105.04M 105.37M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
0.00 0.00 105.04M 105.37M
Normalized Net Operating Profit after Tax (NOPAT)
19 24 34 30
Normalized NOPAT Margin
26.19% 25.81% 28.06% 16.61%
Pre Tax Income Margin
35.18% 33.11% 8.50% 21.97%
Debt Service Ratios
- - - -
EBIT to Interest Expense
16.89 21.40 3.74 2.78
NOPAT to Interest Expense
16.90 22.72 37.64 2.50
EBIT Less CapEx to Interest Expense
-171.24 -86.11 -460.97 -61.75
NOPAT Less CapEx to Interest Expense
-171.23 -84.79 -427.07 -62.03
Payout Ratios
- - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 194.04%
Augmented Payout Ratio
0.00% 0.00% 0.00% 197.66%

Quarterly Metrics And Ratios for Curbline Properties

This table displays calculated financial ratios and metrics derived from Curbline Properties' official financial filings.

Metric Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
DEI Shares Outstanding
- - - - - - - - - 105,367,939.00
DEI Adjusted Shares Outstanding
- - - - - - - - - 105,367,939.00
DEI Earnings Per Adjusted Shares Outstanding
- - - - - - - - - 0.03
Growth Metrics
- - - - - - - - - -
Revenue Growth
0.00% 0.00% 0.00% 22.81% 0.00% 38.00% 47.05% 63.45% 55.05% 49.86%
EBITDA Growth
0.00% 0.00% 0.00% -125.08% 0.00% 16.12% 45.47% 786.08% 110.30% 71.70%
EBIT Growth
0.00% 0.00% 0.00% -268.10% 0.00% -32.15% 4.11% 160.21% 195.09% 54.40%
NOPAT Growth
0.00% 0.00% 0.00% -37.21% 0.00% -55.58% -38.12% 55.00% 158.77% 48.61%
Net Income Growth
0.00% 0.00% 0.00% -275.53% 0.00% 32.44% 66.87% 160.73% -16.71% -66.22%
EPS Growth
0.00% 0.00% 0.00% 0.00% 0.00% 25.00% 66.67% 160.00% -20.00% -70.00%
Operating Cash Flow Growth
0.00% 0.00% 0.00% 0.00% 182.52% 64.06% 102.60% 653.91% -10.81% -15.78%
Free Cash Flow Firm Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 37.12% 0.00% 51.73%
Invested Capital Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 63.28% 52.33% 48.58%
Revenue Q/Q Growth
0.00% 0.00% 0.42% 0.00% 17.34% 0.00% 7.00% 17.50% 11.31% 7.09%
EBITDA Q/Q Growth
0.00% 0.00% -9.32% 0.00% 485.77% 0.00% 13.60% 28.00% 18.25% -0.15%
EBIT Q/Q Growth
0.00% 0.00% -22.16% 0.00% 126.94% 0.00% 19.42% 39.20% 32.02% -29.65%
NOPAT Q/Q Growth
0.00% 0.00% -6.90% 0.00% -33.46% 0.00% 29.69% 36.75% 11.09% -24.58%
Net Income Q/Q Growth
0.00% 0.00% -21.81% 0.00% 174.45% 0.00% -1.48% -10.07% 2.11% -62.66%
EPS Q/Q Growth
0.00% 0.00% -25.00% 0.00% 166.67% 0.00% 0.00% -10.00% -11.11% -62.50%
Operating Cash Flow Q/Q Growth
0.00% 50.63% 9.07% 0.00% 509.95% -12.53% 34.69% 14.68% -33.99% -17.40%
Free Cash Flow Firm Q/Q Growth
0.00% 0.00% 0.00% 0.00% 100.00% 0.00% -10.45% 55.03% 4.42% -1.68%
Invested Capital Q/Q Growth
0.00% 0.00% 0.00% 0.00% 15.78% 0.00% 10.51% 16.89% 8.02% 6.49%
Profitability Metrics
- - - - - - - - - -
Gross Margin
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
EBITDA Margin
70.79% 62.34% 56.30% -14.45% 47.52% 52.45% 55.69% 60.67% 64.45% 60.10%
Operating Margin
37.83% 40.40% 37.45% 27.63% 10.97% 13.13% 15.87% 18.43% 18.47% 13.14%
EBIT Margin
37.83% 29.33% 22.74% -51.78% 11.89% 14.42% 16.10% 19.07% 22.62% 14.86%
Profit (Net Income) Margin
36.22% 28.44% 22.15% -51.78% 32.85% 27.30% 25.13% 19.24% 17.65% 6.15%
Tax Burden Percent
100.00% 100.00% 100.00% 100.00% 99.97% 99.02% 99.31% 99.53% 99.11% 98.10%
Interest Burden Percent
95.77% 96.96% 97.41% 100.00% 276.46% 191.13% 157.21% 101.34% 78.71% 42.21%
Effective Tax Rate
0.00% 0.00% 0.00% 0.00% 0.03% 0.98% 0.69% 0.47% 0.89% 1.90%
Return on Invested Capital (ROIC)
0.00% 0.00% 0.00% 0.00% 0.88% 2.08% 2.51% 1.75% 1.76% 1.27%
ROIC Less NNEP Spread (ROIC-NNEP)
0.00% 0.00% 0.00% 0.00% -0.88% -1.74% -4.51% 1.81% 3.11% -1.78%
Return on Net Nonoperating Assets (RNNOA)
0.00% 0.00% 0.00% 0.00% 0.20% 0.26% 0.26% 1.41% -0.04% -0.12%
Return on Equity (ROE)
0.00% 0.00% 0.00% 0.00% 1.08% 2.34% 2.77% 3.17% 1.72% 1.16%
Cash Return on Invested Capital (CROIC)
0.00% 0.00% 0.00% 0.00% -29.31% 0.00% 0.00% 0.00% -39.88% -37.48%
Operating Return on Assets (OROA)
0.00% 0.00% 0.00% 0.00% 0.97% 0.89% 1.09% 1.73% 1.84% 1.27%
Return on Assets (ROA)
0.00% 0.00% 0.00% 0.00% 2.69% 1.69% 1.71% 1.74% 1.43% 0.52%
Return on Common Equity (ROCE)
0.00% 0.00% 0.00% 0.00% 1.08% 2.34% 2.76% 3.16% 1.72% 1.15%
Return on Equity Simple (ROE_SIMPLE)
0.00% 0.00% 0.00% 0.00% 0.00% 0.67% 0.00% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)
9.17 11 11 5.76 3.83 5.03 6.52 8.92 9.91 7.48
NOPAT Margin
37.83% 40.40% 37.45% 19.34% 10.97% 13.00% 15.76% 18.34% 18.31% 12.89%
Net Nonoperating Expense Percent (NNEP)
0.00% 0.00% 0.00% 3.25% 1.76% 3.82% 7.02% -0.06% -1.35% 3.06%
Return On Investment Capital (ROIC_SIMPLE)
- - - - 0.19% 0.24% 0.31% 0.38% 0.41% 0.29%
Cost of Revenue to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue
15.00% 15.89% 18.68% 23.92% 42.27% 37.03% 33.38% 28.61% 31.60% 30.06%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
62.17% 59.60% 62.55% 72.37% 89.03% 86.87% 84.13% 81.57% 81.53% 86.86%
Earnings before Interest and Taxes (EBIT)
9.17 8.23 6.40 -15 4.15 5.58 6.67 9.28 12 8.62
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
17 17 16 -4.30 17 20 23 30 35 35
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
0.00 0.00 0.00 0.00 1.22 1.32 1.25 1.22 1.28 1.44
Price to Tangible Book Value (P/TBV)
0.00 0.00 0.00 0.00 1.27 1.38 1.32 1.31 1.38 1.55
Price to Revenue (P/Rev)
0.00 0.00 0.00 0.00 19.59 19.35 16.59 14.36 13.37 13.46
Price to Earnings (P/E)
0.00 0.00 0.00 0.00 230.81 198.27 141.36 56.28 61.40 82.88
Dividend Yield
0.00% 0.00% 0.00% 0.00% 1.11% 1.69% 2.50% 3.27% 3.96% 2.64%
Earnings Yield
0.00% 0.00% 0.00% 0.00% 0.43% 0.50% 0.71% 1.78% 1.63% 1.21%
Enterprise Value to Invested Capital (EV/IC)
0.00 0.00 0.00 0.00 1.18 1.27 1.17 1.12 1.15 1.26
Enterprise Value to Revenue (EV/Rev)
0.00 0.00 0.00 0.00 14.75 15.95 14.69 14.54 14.49 15.26
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 0.00 0.00 39.08 43.30 38.21 26.60 24.59 25.21
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 0.00 529.43 2,897.13 2,154.56 92.67 78.47 83.79
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 0.00 52.58 76.41 90.65 97.85 87.22 93.79
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 0.00 0.00 0.00 32.86 32.69 26.10 18.63 21.27 25.58
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.00 0.00 0.00 30,452.00 0.02 0.07 0.08 0.24 0.26 0.35
Long-Term Debt to Equity
0.00 0.00 0.00 30,452.00 0.02 0.07 0.08 0.24 0.26 0.35
Financial Leverage
0.00 0.00 0.00 1,301,763.00 -0.22 -0.15 -0.06 0.78 -0.01 0.07
Leverage Ratio
0.00 0.00 0.00 1,167,061.00 1.05 1.10 1.11 1.88 1.17 1.24
Compound Leverage Factor
0.00 0.00 0.00 1,167,061.00 2.91 2.09 1.74 1.90 0.92 0.52
Debt to Total Capital
0.00% 0.00% 0.00% 100.00% 2.03% 6.96% 7.29% 19.17% 20.39% 25.88%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
0.00% 0.00% 0.00% 100.00% 2.03% 6.96% 7.29% 19.17% 20.39% 25.88%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.04% 0.08% 0.13% 0.15% 0.18% 0.20%
Common Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 97.94% 92.96% 92.58% 80.68% 79.44% 73.92%
Debt to EBITDA
0.00 0.00 0.00 0.00 0.88 2.99 2.72 5.10 4.55 5.42
Net Debt to EBITDA
0.00 0.00 0.00 0.00 -12.85 -9.27 -5.00 0.29 1.86 2.92
Long-Term Debt to EBITDA
0.00 0.00 0.00 0.00 0.88 2.99 2.72 5.10 4.55 5.42
Debt to NOPAT
0.00 0.00 0.00 0.00 1.18 5.27 6.46 18.76 16.12 20.17
Net Debt to NOPAT
0.00 0.00 0.00 0.00 -17.29 -16.37 -11.86 1.08 6.60 10.87
Long-Term Debt to NOPAT
0.00 0.00 0.00 0.00 1.18 5.27 6.46 18.76 16.12 20.17
Altman Z-Score
0.00 0.00 0.00 0.00 16.13 8.65 7.35 2.98 2.86 2.48
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.03% 0.08% 0.14% 0.18% 0.13% 0.18%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
0.00 0.00 0.00 0.78 27.08 26.37 12.53 9.40 6.86 8.31
Quick Ratio
0.00 0.00 0.00 0.78 27.08 26.37 12.53 9.40 6.86 8.31
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
0.00 0.00 0.00 -1,296 0.00 -1,640 -1,812 -815 -779 -792
Operating Cash Flow to CapEx
0.00% 85.60% 31.12% 0.00% 14.32% 20.28% 21.99% 11.76% 15.23% 15.18%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00 0.00 -2,893.27 -1,025.39 -204.59 -133.73 -100.39
Operating Cash Flow to Interest Expense
0.00 61.86 101.61 0.00 59.80 44.75 19.34 9.84 4.44 2.71
Operating Cash Flow Less CapEx to Interest Expense
0.00 -10.40 -224.90 0.00 -357.73 -175.93 -68.62 -73.80 -24.73 -15.13
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.00 0.00 0.00 0.00 0.08 0.06 0.07 0.09 0.08 0.09
Accounts Receivable Turnover
0.00 0.00 0.00 0.00 8.82 7.78 7.71 9.69 9.53 9.85
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
0.00 0.00 0.00 0.00 0.10 0.09 0.09 0.10 0.10 0.11
Accounts Payable Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Sales Outstanding (DSO)
0.00 0.00 0.00 0.00 41.39 46.89 47.33 37.65 38.32 37.06
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Cash Conversion Cycle (CCC)
0.00 0.00 0.00 0.00 41.39 46.89 47.33 37.65 38.32 37.06
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
0.00 0.00 0.00 1,302 1,507 1,646 1,818 2,126 2,296 2,445
Invested Capital Turnover
0.00 0.00 0.00 0.00 0.08 0.16 0.16 0.10 0.10 0.10
Increase / (Decrease) in Invested Capital
0.00 0.00 0.00 1,302 0.00 1,646 1,818 824 789 799
Enterprise Value (EV)
0.00 0.00 0.00 0.00 1,783 2,098 2,127 2,379 2,650 3,084
Market Capitalization
0.00 0.00 0.00 0.00 2,369 2,545 2,402 2,350 2,446 2,722
Book Value per Share
$0.00 $0.00 $0.00 $0.00 $18.49 $18.41 $18.31 $18.25 $18.12 $17.98
Tangible Book Value per Share
$0.00 $0.00 $0.00 ($0.60) $17.70 $17.55 $17.34 $17.02 $16.81 $16.65
Total Capital
0.00 0.00 0.00 30 1,983 2,080 2,081 2,380 2,403 2,562
Total Debt
0.00 0.00 0.00 30 40 145 152 456 490 663
Total Long-Term Debt
0.00 0.00 0.00 30 40 145 152 456 490 663
Net Debt
0.00 0.00 0.00 28 -586 -449 -278 26 200 357
Capital Expenditures (CapEx)
0.00 18 54 0.00 203 125 155 333 170 141
Debt-free, Cash-free Net Working Capital (DFCFNWC)
0.00 0.00 0.00 -6.92 -7.83 -6.27 -17 -27 -23 -16
Debt-free Net Working Capital (DFNWC)
0.00 0.00 0.00 -4.38 619 588 413 403 267 290
Net Working Capital (NWC)
0.00 0.00 0.00 -4.38 619 588 413 403 267 290
Net Nonoperating Expense (NNE)
0.39 3.35 4.31 21 -7.64 -5.53 -3.88 -0.43 0.36 3.91
Net Nonoperating Obligations (NNO)
0.00 0.00 0.00 1,302 -435 -290 -111 202 382 546
Total Depreciation and Amortization (D&A)
7.99 9.26 9.45 11 12 15 16 20 23 26
Debt-free, Cash-free Net Working Capital to Revenue
0.00% 0.00% 0.00% 0.00% -6.48% -4.77% -11.77% -16.42% -12.57% -7.70%
Debt-free Net Working Capital to Revenue
0.00% 0.00% 0.00% 0.00% 511.72% 446.85% 285.13% 246.37% 145.74% 143.54%
Net Working Capital to Revenue
0.00% 0.00% 0.00% 0.00% 511.72% 446.85% 285.13% 246.37% 145.74% 143.54%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.11 $0.10 $0.10 $0.09 $0.08 $0.03
Adjusted Weighted Average Basic Shares Outstanding
0.00 0.00 0.00 105.04M 105.04M 105.22M 105.21M 105.37M 105.37M 105.54M
Adjusted Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.10 $0.10 $0.10 $0.09 $0.08 $0.03
Adjusted Weighted Average Diluted Shares Outstanding
0.00 0.00 0.00 105.04M 105.04M 105.22M 105.21M 105.37M 105.37M 105.54M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
0.00 0.00 0.00 105.04M 105.04M 105.22M 105.21M 105.37M 105.37M 105.54M
Normalized Net Operating Profit after Tax (NOPAT)
6.42 7.93 7.38 5.76 3.83 5.03 6.52 8.92 9.91 7.48
Normalized NOPAT Margin
26.48% 28.28% 26.22% 19.34% 10.97% 13.00% 15.76% 18.34% 18.31% 12.89%
Pre Tax Income Margin
36.22% 28.44% 22.15% -51.78% 32.86% 27.57% 25.31% 19.33% 17.80% 6.27%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
23.63 32.90 38.57 0.00 8.56 9.84 3.77 2.33 2.10 1.09
NOPAT to Interest Expense
23.63 45.31 63.52 0.00 7.90 8.87 3.69 2.24 1.70 0.95
EBIT Less CapEx to Interest Expense
0.00 -39.36 -287.95 0.00 -408.97 -210.84 -84.19 -81.31 -27.06 -16.75
NOPAT Less CapEx to Interest Expense
0.00 -26.95 -262.99 0.00 -409.63 -211.81 -84.27 -81.40 -27.47 -16.89
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 194.04% 215.92%
Augmented Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 197.66% 222.36%

Financials Breakdown Chart

Key Financial Trends

Curbline Properties (NYSE: CURB) showed a sharp balance-sheet reset in 2025 and early 2026, with strong operating cash flow but noticeably higher leverage and much lower cash than a year ago. The company still appears profitable on a quarterly basis, but the latest numbers suggest a business in expansion mode that is funding growth with debt and capital spending.

What stands out most is the jump in revenue and operating earnings versus the 2024 base, alongside rising depreciation and interest costs. At the same time, cash balances have fallen materially from the unusually high levels seen in early 2025, while long-term debt has increased.

  • Revenue continued to grow year over year: Q1 2026 revenue was $57.99 million, up from $38.70 million in Q1 2025 and $28.04 million in Q1 2024.
  • Operating income improved significantly over the last year, reaching $7.62 million in Q1 2026 versus $5.08 million in Q1 2025 and $11.33 million in Q1 2024.
  • Curbline remains profitable, posting $3.57 million in net income in Q1 2026.
  • Operating cash flow stayed positive at $21.37 million in Q1 2026, showing the business is still generating cash from core operations.
  • The company has a large equity base, with total common equity of $1.89 billion at the end of Q1 2026.
  • Shares outstanding were essentially flat year over year, which suggests no major dilution in the most recent quarter.
  • Dividends remain part of the capital return profile, with Q1 2026 cash dividends of $0.17 per share.
  • Cash and equivalents dropped to $305.8 million in Q1 2026 from $594.0 million in Q1 2025 and $430.1 million in Q3 2025.
  • Long-term debt rose to $595.5 million in Q1 2026, up from $396.4 million in Q3 2025 and $99.1 million in Q2 2025.
  • Q1 2026 investing cash outflow was heavy at $152.7 million, driven mainly by $140.7 million of property, plant and equipment spending.

Quarterly trend analysis: revenue has climbed steadily from 2024 into 2026, but much of that growth has come with higher depreciation, more interest expense, and substantial capital investment. Q1 2026 operating revenue of $58.0 million compares favorably with $54.1 million in Q4 2025 and $48.6 million in Q3 2025, showing continued top-line momentum.

Profitability remains positive, but it is more pressured than it looks at first glance. Q1 2026 pretax income was $3.64 million, down from $9.64 million in Q4 2025. The main drag was higher interest expense of $7.89 million, which offset operating gains. That makes the company more sensitive to financing costs going forward.

Balance sheet quality is mixed. Total assets were $2.62 billion in Q1 2026, up from $2.45 billion in Q3 2025, but the asset mix appears heavily concentrated in property, plant and equipment. That is normal for a real estate company, though it also means the business depends on asset performance and capital allocation discipline.

Bottom line: CURB looks like a growing property company with solid operating cash generation and improving revenue, but investors should watch leverage, cash consumption from acquisitions/capex, and the rising interest burden. The stock’s appeal likely depends on whether management can keep growth ahead of financing costs while preserving balance-sheet flexibility.

06/09/26 08:59 AM ETAI Generated. May Contain Errors.

Curbline Properties Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Curbline Properties' financial year ends in December. Their financial year 2025 ended on December 31, 2025.

Curbline Properties' net income appears to be on an upward trend, with a most recent value of $39.88 million in 2025, rising from $25.73 million in 2022. The previous period was $10.27 million in 2024. View Curbline Properties' forecast to see where analysts expect Curbline Properties to go next.

Curbline Properties' total operating income in 2025 was $30.62 million, based on the following breakdown:
  • Total Gross Profit: $182.89 million
  • Total Operating Expenses: $152.28 million

Over the last 3 years, Curbline Properties' total revenue changed from $73.14 million in 2022 to $182.89 million in 2025, a change of 150.1%.

Curbline Properties' total liabilities were at $556.32 million at the end of 2025, a 514.4% increase from 2024, and a 843.0% increase since 2023.

In the past 2 years, Curbline Properties' cash and equivalents has ranged from $566 thousand in 2023 to $626.41 million in 2024, and is currently $289.55 million as of their latest financial filing in 2025.

Over the last 3 years, Curbline Properties' book value per share changed from 0.00 in 2022 to 18.12 in 2025, a change of 1,811.9%.



Financial statements for NYSE:CURB last updated on 5/3/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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