Curbline Properties Past Earnings Performance
Past criteria checks 5/6
Curbline Properties has been growing earnings at an average annual rate of 7%, while the Retail REITs industry saw earnings growing at 12.4% annually. Revenues have been growing at an average rate of 53.7% per year. Curbline Properties's return on equity is 1.7%, and it has net margins of 16%.
Key information
6.99%
Earnings growth rate
7.46%
EPS growth rate
| Retail REITs Industry Growth | 8.45% |
| Revenue growth rate | 53.71% |
| Return on equity | 1.73% |
| Net Margin | 15.99% |
| Next Earnings Update | 28 Jul 2026 |
Recent past performance updates
Recent updates
CURB: Acquisition Pipeline And Equity Issuance Will Test Premium Rating
The updated analyst price target for Curbline Properties moves from about $26.81 to roughly $31.13, with analysts pointing to strong acquisition activity, widening investment spreads, an $8M Signed Not Opened pipeline, and a solid balance sheet as key supports for the new view. Analyst Commentary Recent research on Curbline Properties shows a split view, with bullish analysts raising price targets while more cautious voices question how long the acquisition driven story can support the current valuation.Curbline: Rapid Growth At A Fair Valuation, But Waiting Makes Sense
Summary CURB targets smaller, high-traffic properties for higher margins and occupancy, differentiating from larger-format retail REITs, focusing on strategic MSAs like Miami and Atlanta. Aggressive but disciplined expansion: 2025 acquisition target raised to $700M, with a long-term hold strategy and selective geographic focus. Despite strong FFO growth and a cheap PEG, CURB trades at a premium P/FFO multiple (21.5x), signaling overvaluation versus peers like FVR and IVT. Dividend yield remains low (1.42%), with limited near-term upside due to high reinvestment, lagging behind peers in income return despite strong cash flow growth. Read the full article on Seeking AlphaCurbline Properties: Despite Huge Net Cash, Not A No-Brainer Buy
Summary Curbline Properties spun off from SITE Centers and boasts a market cap three times larger than its parent company. CURB's diversified tenant base, substantial cash reserves, and no leverage offer significant growth potential through acquisitions and higher rent escalations. Despite its strong financial position, CURB's valuation is high, with a premium priced in. The cyclical nature of CURB's tenants and current high valuation present risks, making it less attractive until valuation multiples decrease. Read the full article on Seeking AlphaCurbline Properties: Evaluating This Recent Spinoff
Summary Curbline Properties, spun out from Site Centers, focuses on convenience centers with a portfolio of 78 assets, 96% leased, and geographically diversified. Convenience centers have lower capex needs compared to shopping centers, making them attractive investments with potential for cap rate compression. Curbline trades at a 5.3% implied cap rate, a 20% premium to private market NAV, enabling accretive external growth through share issuances and acquisitions. Despite risks like limited trading history and interest rate sensitivity, I hold shares due to the under-appreciated low capex nature and growth potential. Read the full article on Seeking AlphaRevenue & Expenses Breakdown
How Curbline Properties makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 26 | 202 | 32 | 35 | 0 |
| 31 Dec 25 | 183 | 39 | 34 | 0 |
| 30 Sep 25 | 164 | 41 | 34 | 0 |
| 30 Jun 25 | 145 | 16 | 31 | 0 |
| 31 Mar 25 | 132 | 12 | 25 | 0 |
| 31 Dec 24 | 121 | 10 | 17 | 0 |
| 30 Sep 24 | 111 | 6 | 9 | 0 |
| 30 Jun 24 | 106 | 31 | 6 | 0 |
| 31 Mar 24 | 100 | 32 | 5 | 0 |
| 31 Dec 23 | 94 | 31 | 5 | 0 |
| 31 Dec 22 | 73 | 26 | 4 | 0 |
| 31 Dec 21 | 52 | 21 | 3 | 0 |
Quality Earnings: CURB has high quality earnings.
Growing Profit Margin: CURB's current net profit margins (16%) are higher than last year (9.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CURB's earnings have grown by 7% per year over the past 5 years.
Accelerating Growth: CURB's earnings growth over the past year (160%) exceeds its 5-year average (7% per year).
Earnings vs Industry: CURB earnings growth over the past year (160%) exceeded the Retail REITs industry 38%.
Return on Equity
High ROE: CURB's Return on Equity (1.7%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/19 08:13 |
| End of Day Share Price | 2026/07/17 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Curbline Properties Corp. is covered by 10 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Nicholas Joseph | Citigroup Inc |
| Michael Mueller | J.P. Morgan |
| Todd Thomas | KeyBanc Capital Markets Inc. |