Curbline Properties Corp. (CURB)
Curbline Properties is the owner and manager of convenience shopping centers. It is positioned on the curbline of well-trafficked intersections and major vehicular corridors in suburban, high household income communities. The Company is a self-managed real estate investment trust (REIT) that is publicly traded under on the NYSE.Curbline Properties Corp. was incorporated on October 25th, 2023 in Maryland, USA.
Sector: Real Estate
Industry: REIT - Retail
Curbline Properties Corp.
NYSE:CURBReal Estate · REIT - Retail
-0.51%$29.38
CLOSED · Nov 6Prev close$29.53-0.51%Close$29.380.00%AH close$29.38
AH$29.38+0.00%vs close
Mkt Cap$3.57B
Float106.23M
O/S121.42M
VOL1.96M sh
$ Vol$57.56M
RVOL1.27×
Inst Own-
SI15.6%
Div Yield2.38%
Dilution
Financials Summary
Revenue$182.89M
Net Income$39.83M
Total Assets$2.47B
Free Cash Flow$124.6M
Debt & Equity
Debt 20%
Equity 80%
Total Debt$489.94M
Total Equity$1.91B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in CURB's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$2.47B
Liabilities$556.32M
Accounts Receivable$43.97M
Accounts Payable$45.51M
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$137.51M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Revenue | $182.89M | $120.88M | $93.66M | $73.14M | $52.32M |
| YoY Growth | 51.3% | 29.1% | 28.1% | 39.8% | - |
| Cost of Revenue | $45.95M | $27.6M | $21.91M | $15.38M | $10.78M |
| Gross Profit | $136.95M | $93.28M | $71.75M | $57.76M | $41.54M |
| Gross Margin | 74.9% | 77.2% | 76.6% | 79.0% | 79.4% |
| Research and Development | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $33.92M | $17.44M | $5.21M | $3.77M | $3.3M |
| Other | $72.41M | $41.91M | $31.99M | $26.63M | $15M |
| Total Operating Expenses | $106.33M | $59.35M | $37.21M | $30.4M | $18.3M |
| Operating Income (EBIT) | $30.62M | $33.93M | $34.54M | $27.36M | $23.24M |
| Operating Margin | 16.7% | 28.1% | 36.9% | 37.4% | 44.4% |
| Interest Expense | $12.14M | $901K | $1.52M | $1.62M | $2.15M |
| Interest Income | $18.56M | $7.81M | $0 | $0 | $0 |
| Other Income (Expense) | $9.57M | -$23.65M | -$3.52M | -$1.63M | -$2.15M |
| Income Before Tax (EBT) | $40.19M | $10.28M | $31.01M | $25.73M | $21.09M |
| Income Tax Expense | $307K | $4K | $0 | $0 | $0 |
| Net Income | $39.83M | $10.26M | $31.01M | $25.73M | $20.66M |
| Net Income Margin | 21.8% | 8.5% | 33.1% | 35.2% | 39.5% |
| Supplementary Data | |||||
| EPS | 0.38 | 0.10 | 0.30 | 0.25 | 0.20 |
| Diluted EPS | 0.37 | 0.10 | 0.30 | 0.25 | 0.20 |
| Weighted Average OS | 104.99M | 104.86M | 104.78M | 104.78M | 104.78M |
| EBITDA | $124.74M | $53.09M | $64.53M | $53.98M | $38.23M |
| EBITDA Margin | 68.2% | 43.9% | 68.9% | 73.8% | 73.1% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Currency | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
| Assets | ||||
| Current Assets | ||||
| Cash and Cash Equivalents | $289.55M | $626.41M | $566K | $77K |
| Short-Term Investments | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $289.55M | $626.41M | $566K | $77K |
| Accounts Receivable | $43.97M | $49.65M | $11.53M | $9.12M |
| Inventory | $0 | $0 | $0 | $0 |
| Other Current Assets | $2.78M | $6.01M | $155K | $513K |
| Total Current Assets | $338.92M | $686.89M | $12.66M | $9.71M |
| Long-Term Assets | ||||
| Property, Plant & Equipment Net | $0 | $1.26B | $874.64M | $721.01M |
| Goodwill | $0 | $0 | $0 | $0 |
| Intangible Assets | $137.51M | $82.67M | $34.33M | $27.03M |
| Long-Term Investments | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $1.99B | $1.32M | $0 | $280K |
| Total Long-Term Assets | $2.13B | $1.35B | $908.97M | $748.31M |
| Other Assets | $0 | $0 | $0 | $0 |
| Total Assets | $2.47B | $2.03B | $921.63M | $758.02M |
| Liabilities | ||||
| Current Liabilities | ||||
| Accounts Payable | $45.51M | $23.72M | $11.99M | $12.43M |
| Short-Term Debt | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | $0 | $0 | $0 |
| Total Current Liabilities | $66.38M | $50.39M | $11.99M | $12.43M |
| Long-Term Liabilities | ||||
| Long-Term Debt | $423.24M | $0 | $25.76M | $38.84M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $489.94M | $40.15M | $47M | $53.82M |
| Other Liabilities | $0 | $0 | $0 | $0 |
| Total Liabilities | $556.32M | $90.54M | $58.99M | $66.24M |
| Stockholders' Equity | ||||
| Preferred Stock | $0 | $0 | $0 | $0 |
| Common Stock | $1.05M | $1.05M | $0 | $0 |
| Retained Earnings | -$46.1M | -$15.02M | $862.64M | $691.78M |
| Comprehensive Income & Other | -$4.61M | $1.21M | $0 | $0 |
| Other Stockholders' Equity | $1.95B | $1.96B | $0 | $0 |
| Total Equity | $1.91B | $1.94B | $862.64M | $691.78M |
| Minority Interest | $4.28M | $773K | $0 | $0 |
| Total Liabilities and Equity | $2.47B | $2.03B | $921.63M | $758.02M |
| Supplementary Data | ||||
| Total Debt | $489.94M | $40.15M | $47M | $53.82M |
| Net Debt | $200.38M | -$586.26M | $46.44M | $53.74M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Operating Activities | |||||
| Net Income | $39.88M | $10.27M | $31.01M | $25.73M | $21.09M |
| Depreciation & Amortization | $72.41M | $41.91M | $31.99M | $26.63M | $15M |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $12.95M | $3.83M | $0 | $0 | $0 |
| Changes in Working Capital: | |||||
| Accounts Receivable | -$5.45M | -$859K | -$2.67M | -$1.77M | $608K |
| Inventory | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $6.63M | $1.44M | -$888K | -$860K | -$646K |
| Total Working Capital Change | $1.17M | $583K | -$3.56M | -$2.63M | -$38K |
| Other Non-Cash Items | -$1.81M | -$2.33M | -$210K | $161K | $176K |
| Net Cash from Operating | $124.6M | $54.26M | $59.24M | $49.88M | $36.23M |
| Investing Activities | |||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | -$2.35M | -$913K | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$800.89M | -$436.49M | -$186.02M | -$323.46M | -$78.1M |
| Net Cash from Investing | -$803.25M | -$437.4M | -$186.02M | -$323.46M | -$78.1M |
| Financing Activities | |||||
| Debt Repaid | -$428M | $25.65M | $12.93M | $3.8M | $15.33M |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | -$23K | $0 | $0 | $0 |
| Dividends Paid | -$77.38M | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$8.83M | $1.03B | $139.85M | $277.13M | $56.42M |
| Net Cash from Financing | $341.79M | $1.01B | $126.91M | $273.33M | $41.09M |
| Forex Effect | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$336.86M | $625.69M | $131K | -$245K | -$788K |
| Supplementary Data | |||||
| Operating Cash Flow | $124.6M | $54.26M | $59.24M | $49.88M | $36.23M |
| Capital Expenditure | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | $124.6M | $54.26M | $59.24M | $49.88M | $36.23M |
| Cash at Beginning | $626.41M | $721K | $590K | $835K | $1.62M |
| Cash at End | $289.55M | $626.41M | $721K | $590K | $835K |