Curbline Properties Corp. CURB

Real estate SIC 6500 - Real Estate NAICS Real Estate and Rental and Leasing › Real Estate derived NYSE

Curbline Properties Corp., a Maryland corporation (the "Company" or "Curbline"), is primarily engaged in the business of owning, leasing, acquiring, and managing convenience shopping centers positioned on the curbline of well-trafficked intersections and major vehicular corridors in suburban, high household income communities. All of Curbline's properties are located in the United States and are geographically diversified, principally across the Southeast, Mid-Atlantic, Southwest and Mountain regions, along with Texas. At December 31, 2025, the aggregate occupancy of the Company's portfolio of 176 properties, which aggregated 4.8 million square feet of gross leasable area ("GLA"), was 94.1% and the average annualized base rent ("ABR") per occupied square foot was $34.52. The primary source of the Company's income is generated from the rental of the Company's convenience shopping centers to tenants.

Last close 28.86 2026-10-23
Market cap $3.05B 2026-03-31 share count
52-week range 22.30 - 32.15

Valuation FY2025 figures against the last close

P/S16.7x
P/E78.0x
P/FCF24.4x
EV/EBITDA—
Dividend yield2.5%
Diluted EPS0.37

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021
Revenue $182.9M$120.9M$93.7M$73.1M—
SG&A $33.9M$17.4M$5.2M$3.8M—
Total operating expenses $152.3M$87.0M$59.1M$45.8M—
Interest expense $12.1M$901.0K$1.5M$1.6M—
Pre-tax income $40.2M$10.3M$31.0M$25.7M—
Income tax $307.0K$4.0K$0$0—
Net income $39.9M$10.3M$31.0M$25.7M—
EPS, basic 0.370.100.300.25—
EPS, diluted 0.370.090.300.25—
Shares, diluted (wtd. avg.) 105.3M105.2M104.9M104.9M—

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021
Cash and equivalents $289.6M$626.4M$566.0K——
Other intangibles $137.5M$82.7M$34.3M——
Total assets $2.47B$2.03B$921.6M——
Long-term debt $423.2M$0———
Total liabilities $556.3M$90.5M$59.0M——
Total equity $1.91B$1.94B$862.6M$691.8M$388.9M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021
Operating cash flow $124.6M$54.3M$59.2M$49.9M—
Stock-based compensation $12.9M$3.8M$0$0—
Investing cash flow -$803.2M-$437.4M-$186.0M-$323.5M—
Financing cash flow $341.8M$1.01B$126.9M$273.3M—
Dividends paid $77.4M$0$0——

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-043647.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 50M 100M 150M 200M Revenue, FY2022: 73.1M Net income, FY2022: 25.7M Revenue, FY2023: 93.7M Net income, FY2023: 31M Revenue, FY2024: 120.9M Net income, FY2024: 10.3M Revenue, FY2025: 182.9M Net income, FY2025: 39.9M FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2021FY2022FY2023FY2024FY2025
Revenue — $73.1M $93.7M $120.9M $182.9M
Gross profit — — — — —
Net income — $25.7M $31.0M $10.3M $39.9M

Recent filings and events

  • Material agreement terminated An agreement that mattered has ended. Often the other half of a deal that fell through. Item 1.02
  • Shareholder rights changed The terms attaching to the shares themselves have changed. Item 3.03
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Other event Item 8.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Material agreement signed Item 1.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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