Curbline Properties Corp. 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.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $183M | $125M | $40M | $125M | 2.1% | 51.3% | 288.1% |
| 2024 | $121M | $53M | $10M | $54M | 0.5% | 29.1% | -66.9% |
| 2023 | $94M | $65M | $31M | $59M | 3.6% | 28.1% | 20.5% |
| 2022 | $73M | $54M | $26M | $50M | 3.7% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 73.14 | 93.66 | 120.88 | 182.89 |
| Cost Of Revenue | 15.38 | 21.91 | 27.60 | 45.94 |
| Gross Profit | 57.76 | 71.75 | 93.28 | 136.95 |
| Operating Expense | 30.40 | 37.21 | 59.35 | 106.33 |
| Operating Income | 27.36 | 34.54 | 33.93 | 30.62 |
| EBITDA | 53.98 | 64.53 | 53.09 | 124.74 |
| EBIT | 27.35 | 32.53 | 11.18 | 52.33 |
| Pretax Income | 25.73 | 31.01 | 10.28 | 40.19 |
| Tax Provision | 0 | 0 | 0 | 0.31 |
| Net Income | 25.73 | 31.01 | 10.26 | 39.83 |
| Net Income Common Stockholders | 25.73 | 31.01 | 9.99 | 39.28 |
| Total Expenses | 45.78 | 59.12 | 86.95 | 152.28 |
| Interest Expense | 1.62 | 1.52 | 0.90 | 12.14 |
| Interest Income | 0 | 0 | 7.81 | 18.56 |
| Selling General And Administration | 3.78 | 5.22 | 17.44 | 33.92 |
| Normalized EBITDA | 53.98 | 64.16 | 53.09 | 123.36 |
| Normalized Income | 25.73 | 30.64 | 10.26 | 38.46 |
| Market Cap | 2,965.63 | 2,965.63 | 2,965.63 | 2,965.63 |
Real Estate sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Curbline Properties Corp.this co. | CURB | $3.0B | 74.46β premium | 1.55 | 2.1% | 24.85 |
| Acadia Realty Trust | AKR | $3.5B | 162.21 | 1.23 | 0.8% | 21.69 |
| Blackstone Mortgage Trust, Inc. | BXMT | $3.4B | 30.92 | 0.97 | 3.1% | - |
| Cushman & Wakefield Limited | CWK | $3.3B | 38.12 | 1.72 | 4.5% | 10.70 |
| LXP Industrial Trust | LXP |
| $3.2B |
| 26.43 |
| 1.54 |
| 5.8% |
| 10.46 |
| Apple Hospitality REIT, Inc. | APLE | $3.1B | 17.75 | 0.99 | 5.6% | 10.56 |
| Urban Edge Properties | UE | $2.7B | 32.46 | 2.36 | 7.3% | 14.89 |
| Highwoods Properties, Inc. | HIW | $2.6B | 16.50 | 1.12 | 6.8% | 10.10 |
| Four Corners Property Trust, Inc. | FCPT | $2.6B | 24.84 | 1.71 | 6.9% | 17.72 |
| Peer Median | - | 28.67 | 1.39 | 5.7% | 10.70 | |