The company maintains a conservative capital structure with a 0.35 debt-to-equity ratio, providing substantial financial flexibility to support its $2.6 billion asset base.
| Total Assets | 2.62B | 2.47B | 2.03B | 921.63M | 758.02M |
| Asset Growth % | 184.91% | 21.48% | 120.6% | 21.58% | - |
| Real Estate & Other Assets | -2.12B | 1.99B | 1.32M | 0 | 280K |
| PP&E (Net) | 0 | 0 | 1.26B | 874.64M | 721.01M |
| Investment Securities | 1000K | 0 | 0 | 0 | 0 |
| Total Current Assets | 329.93M | 338.92M | 686.89M | 12.66M | 9.71M |
| Cash & Equivalents | 305.78M | 289.55M | 626.41M | 566K | 77K |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K |
| Other Current Assets | 0 | 2.78M | 6.01M | 155K | 513K |
| Intangible Assets | 140.02M | 137.51M | 82.67M | 34.33M | 27.03M |
| Total Liabilities | 721.83M | 556.32M | 90.54M | 58.99M | 66.24M |
| Total Debt | 663.19M | 489.94M | 40.15M | 47M | 53.82M |
| Net Debt | 357.41M | 200.38M | -586.26M | 46.44M | 53.74M |
| Long-Term Debt | 595.5M | 423.24M | 0 | 25.76M | 38.84M |
| Short-Term Borrowings | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 246.73M | 66.7M | 40.15M | 21.24M | 14.97M |
| Total Current Liabilities | 0 | 66.38M | 50.39M | 11.99M | 12.43M |
| Accounts Payable | 0 | 45.51M | 23.72M | 11.99M | 12.43M |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 58.64M | 0 | 0 | 0 | 0 |
| Total Equity | 1.9B | 1.91B | 1.94B | 862.64M | 691.78M |
| Equity Growth % | 89.52% | -1.5% | 125.19% | 24.7% | - |
| Shareholders Equity | 1.89B | 1.91B | 1.94B | 862.64M | 691.78M |
| Minority Interest | 5.09M | 4.28M | 773K | 0 | 0 |
| Common Stock | 1.05M | 1.05M | 1.05M | 0 | 0 |
| Additional Paid-in Capital | 0 | 1.96B | 1.95B | 0 | 0 |
| Retained Earnings | -60.51M | -46.1M | -15.02M | 862.64M | 691.78M |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 |
| Return on Assets (ROA) | 1.36% | 1.77% | 0.69% | 3.69% | 3.39% |
| Return on Equity (ROE) | 1.71% | 2.07% | 0.73% | 3.99% | 3.72% |
| Debt / Assets | 25.3% | 19.84% | 1.97% | 5.1% | 7.1% |
| Debt / Equity | 0.35x | 0.26x | 0.02x | 0.05x | 0.08x |
| Net Debt / EBITDA | 3.06x | 1.94x | -7.73x | 0.70x | 1.00x |
| Book Value per Share | 18.02 | 18.17 | 18.46 | 8.23 | 6.60 |
High G&A Overhead
As reported in financial statements, Curbline’s total assets grew to $2.6 billion by 2026Q1, reflecting a deliberate strategy to scale the portfolio rapidly while maintaining a conservative capital structure that prioritizes liquidity over immediate leverage-driven returns during this critical post-spin-off formation phase.
The rapid expansion of the asset base suggests management is aggressively deploying capital to achieve institutional scale. Investors should monitor whether this growth in assets translates into proportional NOI growth, as the current trajectory appears heavily reliant on initial capital deployment rather than organic portfolio performance.
Based on the reported figures for 2026Q1, the company maintains a debt-to-equity ratio of 0.35, which, according to recent SEC filings, positions the REIT with significant financial flexibility compared to its more highly levered retail peers in the current interest rate environment.
This low leverage profile appears to be a strategic choice, providing a substantial buffer against potential market volatility or cap rate expansion. The minimal debt load may indicate that the company is well-positioned to pursue opportunistic acquisitions without the immediate pressure of refinancing or restrictive debt covenants.
According to the balance sheet data, Curbline held $305.8 million in cash as of 2026Q1, providing a robust liquidity cushion that, as noted in financial disclosures, is intended to fund the ongoing acquisition of convenience-oriented retail assets across high-traffic vehicular corridors.
The substantial cash position suggests that the company is not currently reliant on external capital markets to fund its immediate growth pipeline. This liquidity appears to be a key component of the firm's competitive advantage, allowing for rapid execution on property acquisitions when market conditions are favorable.
As indicated by the provided financial data, the transition from parent-company assets to a standalone portfolio may mask underlying valuation risks, particularly regarding the capitalization of leasing commissions and maintenance expenditures that could inflate the reported net asset value of the properties.
Investors should remain cautious regarding the potential for deferred maintenance or capital expenditure requirements that may not be fully reflected in the current net asset figures. The lack of historical property-level performance data for the standalone entity warrants further investigation into the long-term sustainability of the current asset valuations.
Quick answers to the most common questions about buying CURB stock.
As of 2025, Curbline Properties Corp. (CURB) had total assets of $2.47B including $338.9M in current assets.
Curbline Properties Corp. (CURB) carries total debt of $489.9M. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Curbline Properties Corp. (CURB) has total shareholders' equity (book value) of $1.91B ($18.17 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Curbline Properties Corp. (CURB) reported a current ratio of 5.11x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.