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NYSE · REAL ESTATE · LARGE CAP

Curbline Properties Corp. CURB

4 fiscal years on record · USD · FY2025 reported · SEC filings only
$182.9M
▲ 51.3% YoY
$39.9M
▲ 288.2% YoY
$-660.7M
In brief

What this company does

Curbline Properties Corp. 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, with all of its properties located in the United States, principally across the Southeast, Mid-Atlantic, Southwest and Mountain regions, along with Texas. At December 31, 2025, the aggregate occupancy of its portfolio of 176 properties, which aggregated 4.8 million square feet of gross leasable area, was 94.1%, with an average annualized base rent per occupied square foot of $34.52. As of December 31, 2025, the company's workforce was composed of 39 full-time employees, of whom 36% were assigned to work in New York, NY and 21% in Beachwood, OH. The properties generally consist of a homogenous row of primarily small-shop units leased to a mixture of national, regional and local service and restaurant tenants, with the average GLA of a property in the Curbline portfolio approximately 27,000 square feet as of December 31, 2025 and 94% of base rent generated by units less than 10,000 square feet. The company elected to be treated as a real estate investment trust for U.S. federal income tax purposes commencing with the taxable year ending December 31, 2024, and operates through an umbrella partnership structure in which substantially all of its properties and assets are held through a subsidiary, Curbline Properties LP, a Delaware limited partnership. On October 1, 2024, SITE Centers completed the spin-off of Curbline, pursuant to which SITE Centers contributed 79 convenience shopping centers to the company and effected a pro rata special distribution of shares of Curbline common stock to SITE Centers common shareholders.

Written from the business description in Curbline Properties Corp.'s annual report to the U.S. Securities and Exchange Commission, filed 10 February 2026. Every sentence was checked against that document before publication.

Growth
USD 182.9M
Revenue, FY2025 · full 4-year series below
Revenue $M Net income $M
FY2025 · Revenue 182.9 · Net income 39.9
80M160M2022202320242025
Compound annual growth
+35.7%
+15.7%
+14.0%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
22 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 22.0% · Net 21.8%
10%20%30%2022202320242025
ROE
FY2025 · ROE 2.1%
1%2%3%2022202320242025

Each USD of equity produced 2 cents of profit this year.

Cash & shareholders
USD 77.4M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -660.7
-250.0M-500.0M2022202320242025
Net buybacks $M Dividends $M
FY2025 · Dividends 77.4 · Net buybacks —
40M202320242025

USD 77.4M in dividends — 194% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 2.5B
EquityUSD 1.9B
CashUSD 289.6M
Gross debtUSD 423.2M
Net debtUSD 133.7M

Net debt stands at 7% of equity.

The 4-year record
4 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 2025202420232022
Revenue $B0.20.10.10.1
Operating income $B0.00.00.00.0
EBITDA $B····
Income tax $B0.00.00.00.0
Net income $B0.00.00.00.0
Free cash flow $B−0.7−0.4−0.1−0.3
EPS, diluted $0.370.090.300.25
Dividend / sh $0.670.25··
Payout %19400·
ROE %2.10.73.6·
Shares out B0.110.110.11·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 11 reconciliationsAUDITED

Reconciled in 4 of 19 fiscal years. 61 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityReal Estate
Listed onNYSE
Incorporated inMaryland
Fiscal year endsDecember 31
Data on record since2022

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