CURB - Curbline Properties Corp.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$34.40
DETAILS
HIGH:
$39.00
LOW:
$30.00
MEDIAN:
$34.00
CONSENSUS:
$34.40
UPSIDE:
19.20%
| Metric | 2026 Q3 | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||
| Revenue | 71.1 | 58.4 | 58.0 | 54.1 | 48.6 | 41.4 | 38.7 | 34.9 | 29.8 | 28.2 | 28.0 | 25.5 | 24.2 |
| Cost of Revenue | 17.8 | 68.4 | 15.1 | 12.4 | 12.6 | 10.6 | 10.2 | 8.8 | 6.9 | 6.0 | 6.0 | 5.6 | 6.0 |
| Gross Profit | 53.3 | (10.0) | 42.9 | 41.7 | 36.0 | 30.8 | 28.5 | 26.2 | 22.9 | 22.1 | 22.1 | 19.9 | 18.3 |
| Operating Expenses | |||||||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 9.8 | 9.2 | 9.6 | 9.6 | 7.3 | 8.2 | 8.9 | 10.1 | 3.6 | 2.2 | 1.5 | 1.8 | 1.1 |
| Other Expenses | 29.7 | (26.1) | 25.7 | 22.1 | 19.8 | 16.0 | 14.5 | 12.2 | 11.1 | 9.4 | 9.2 | 8.8 | 8.0 |
| Operating Expenses | 39.5 | (16.9) | 35.3 | 31.7 | 27.0 | 24.2 | 23.4 | 22.3 | 14.7 | 11.6 | 10.8 | 10.6 | 9.1 |
| Operating Income | |||||||||||||
| Operating Income | 13.7 | 6.8 | 7.6 | 10.0 | 9.0 | 6.6 | 5.1 | 3.8 | 8.2 | 10.5 | 11.3 | 9.3 | 9.2 |
| Interest Expense | 8.5 | 8.4 | 7.9 | 5.8 | 4.0 | 1.8 | 0.6 | 0.5 | 0 | 0.2 | 0.2 | 0.4 | 0.4 |
| Interest Income | 0.7 | 1.5 | 2.9 | 3.2 | 4.1 | 5.6 | 5.7 | 7.8 | 0 | 0 | 0 | 0 | 0 |
| Profitability | |||||||||||||
| EBITDA | 45.7 | 41.8 | 37.2 | 37.6 | 33.2 | 28.3 | 25.7 | 24.2 | (4.3) | 15.8 | 17.5 | 16.8 | 17.2 |
| EBIT | 16.0 | 15.4 | 11.5 | 15.5 | 13.4 | 12.2 | 11.2 | 12.0 | (15.4) | 6.4 | 8.2 | 8.0 | 9.2 |
| Income Before Tax | 7.4 | 7.0 | 3.6 | 9.6 | 9.4 | 10.5 | 10.7 | 11.5 | (15.4) | 6.2 | 8.0 | 7.6 | 8.8 |
| Income Tax Expense | (0.0) | 0.1 | 0.1 | 0.1 | 0.0 | 0.1 | 0.1 | 0.0 | 0 | 0 | 0 | 0 | 0 |
| Net Income | 7.4 | 6.9 | 3.6 | 9.5 | 9.3 | 10.4 | 10.6 | 11.5 | (15.4) | 6.2 | 8.0 | 7.6 | 8.8 |
| Per Share Data | |||||||||||||
| EPS (Basic) | 0.06 | 0.06 | 0.03 | 0.09 | 0.09 | 0.10 | 0.10 | 0.11 | -0.15 | 0.06 | 0.08 | 0.07 | 0.08 |
| EPS (Diluted) | 0.06 | 0.06 | 0.03 | 0.09 | 0.09 | 0.10 | 0.10 | 0.11 | -0.15 | 0.06 | 0.08 | 0.07 | 0.08 |
| Shares Outstanding | 115.1 | 106.4 | 118.8 | 105.0 | 105.0 | 105.0 | 104.9 | 104.9 | 104.9 | 104.8 | 104.8 | 104.8 | 104.8 |
| Metric | 2026 Q3 | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 122.8 | 154.7 | 305.8 | 289.6 | 430.1 | 429.9 | 594.0 | 626.4 | 2.5 | 600 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 26.7 | 36.1 | 40.1 | 44.0 | 55.0 | 75.0 | 49.5 | 49.6 | 12.7 | 45.9 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 0 | 0 | 2.5 | 2.8 | 3.0 | 3.3 | 3.6 | 6.0 | 0 | 0 |
| Total Current Assets | 149.5 | 190.8 | 353.5 | 338.9 | 491.7 | 513.3 | 652.0 | 686.9 | 21.7 | 645.9 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 0 | 0 | 0 | 0 | 0.6 | 0 | 1,375.4 | 1,262.2 | 1,075.8 | 938.5 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 178.5 | 169.2 | 140.0 | 137.5 | 129.4 | 101.3 | 90.5 | 82.7 | 62.9 | 50.7 |
| Long-Term Investments | 2,681.0 | 2,471.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | (2,681.0) | 9.7 | 2,127.6 | 1,993.4 | 1,823.5 | 1,519.2 | 2.7 | 1.3 | 6.6 | 2.3 |
| Total Non-Current Assets | 178.5 | 2,650.4 | 2,267.6 | 2,130.9 | 1,953.6 | 1,620.5 | 1,468.7 | 1,346.2 | 1,145.4 | 991.6 |
| Total Assets | 3,033.2 | 2,841.2 | 2,621.1 | 2,469.8 | 2,445.3 | 2,133.8 | 2,120.7 | 2,033.1 | 1,167.1 | 1,637.5 |
| Current Liabilities | ||||||||||
| Account Payables | 0 | 54.4 | 39.7 | 45.5 | 48.0 | 35.8 | 23.2 | 23.7 | 19.6 | 17.2 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 0 | 74.1 | 58.6 | 66.4 | 65.5 | 53.2 | 40.4 | 50.4 | 19.6 | 17.2 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 596.1 | 595.8 | 595.5 | 423.2 | 396.4 | 99.1 | 99.0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 79.4 | 0 | 67.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Liabilities | 760.0 | 674.8 | 663.2 | 489.9 | 456.3 | 151.6 | 144.8 | 40.1 | 30.5 | 22.0 |
| Total Liabilities | 760.0 | 748.8 | 721.8 | 556.3 | 521.8 | 204.8 | 185.2 | 90.5 | 50.0 | 39.1 |
| Stockholders' Equity | ||||||||||
| Common Stock | 1.2 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 0 | 1.0 |
| Retained Earnings | (85.2) | (72.1) | (60.5) | (46.1) | (35.5) | (27.9) | (21.4) | (15.0) | 1,117.0 | 0 |
| Accumulated Other Comprehensive Income | 7.8 | 0.1 | (2.8) | (4.6) | (3.6) | (2.8) | 0.0 | 1.2 | 0 | 0 |
| Total Stockholders' Equity | 2,273.2 | 2,092.4 | 1,894.2 | 1,909.2 | 1,920.0 | 1,926.2 | 1,933.8 | 1,941.8 | 1,117.0 | 1,598.4 |
| Total Liabilities & Equity | 3,033.2 | 2,841.2 | 2,621.1 | 2,469.8 | 2,445.3 | 2,133.8 | 2,120.7 | 2,033.1 | 1,167.1 | 1,637.5 |
| Debt Metrics | ||||||||||
| Total Debt | 680.6 | 674.8 | 595.5 | 489.9 | 456.3 | 151.6 | 144.8 | 40.1 | 30.5 | 22.0 |
| Net Debt | 557.8 | 520.0 | 289.7 | 200.4 | 26.2 | (278.3) | (449.3) | (586.3) | 27.9 | (578.0) |
| Metric | 2026 Q3 | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Net Income | (10.5) | 6.9 | 3.6 | 9.6 | 9.4 | 10.4 | 10.6 | 11.5 | (15.4) | 6.2 | 8.0 | 7.6 | 8.8 |
| Depreciation & Amortization | (52.1) | 26.5 | 25.7 | 22.1 | 19.8 | 16.0 | 14.5 | 12.2 | 11.1 | 9.4 | 9.2 | 8.8 | 8.0 |
| Stock-Based Compensation | 0 | (3.0) | 3.0 | 3.2 | 3.1 | 3.1 | 3.6 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | 0.5 | 10.9 | (11.4) | (6.9) | 6.5 | 4.3 | (2.8) | 1.3 | (2.8) | 1.9 | 0.2 | (6.2) | 0.9 |
| Other Non-Cash Items | 103.8 | 5.9 | 0.6 | (2.1) | 0.5 | 0.4 | (0.5) | 4.1 | 0 | (0.7) | (1.9) | 0.0 | (0.3) |
| Operating Cash Flow | 41.6 | 47.2 | 21.4 | 25.9 | 39.2 | 34.2 | 25.4 | 29.0 | (7.1) | 16.9 | 15.5 | 10.3 | 17.4 |
| Investing Activities | |||||||||||||
| Capital Expenditure | 7.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | 372.2 | (372.2) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | (617.7) | 0 | (152.7) | (175.0) | (319.8) | (180.2) | (128.3) | (202.7) | (153.8) | (58.1) | (22.8) | (66.9) | (31.9) |
| Investing Cash Flow | (237.9) | (379.8) | (152.7) | (175.0) | (319.8) | (180.2) | (128.3) | (202.7) | (153.8) | (58.1) | (22.8) | (66.9) | (31.9) |
| Financing Activities | |||||||||||||
| Net Debt Issuance | 0 | (0.0) | 171.9 | 28 | 300 | 0 | 100 | 0 | 0 | (25.5) | (0.1) | (12.3) | (0.2) |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | (0.0) | 0 | (0.0) | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | (38.2) | (18.0) | (20.1) | (17.0) | (17.0) | (17.0) | (26.5) | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 19.4 | 0.7 | (4.2) | (2.5) | (2.2) | (1.2) | (3.0) | 797.6 | 161.9 | 66.7 | 8.3 | 68.6 | 14.8 |
| Financing Cash Flow | 164.3 | 181.5 | 147.6 | 8.5 | 280.9 | (18.1) | 70.5 | 797.6 | 161.9 | 41.1 | 8.2 | 56.3 | 14.6 |
| Cash Position | |||||||||||||
| Net Change in Cash | (31.9) | (151.1) | 16.2 | (140.6) | 0.2 | (164.2) | (32.4) | 623.9 | 1.0 | (0.1) | 0.9 | (0.4) | 0.0 |
| Cash at Beginning | 154.7 | 305.8 | 289.6 | 430.1 | 429.9 | 594.0 | 626.4 | 2.5 | 1.5 | 1.6 | 0.7 | 1.1 | 1.1 |
| Cash at End | 122.8 | 154.7 | 305.8 | 289.6 | 430.1 | 429.9 | 594.0 | 626.4 | 2.5 | 1.5 | 1.6 | 0.7 | 1.1 |
| Free Cash Flow | 49.2 | 47.2 | 21.4 | 25.9 | 39.2 | 34.2 | 25.4 | 29.0 | (7.1) | 16.9 | 15.5 | 10.3 | 17.4 |
| Key Metrics | 2026 Q3 | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 71.1 | 58.4 | 58.0 | 54.1 | 48.6 | 41.4 | 38.7 | 34.9 | 29.8 | 28.2 | 28.0 | 25.5 | 24.2 |
| Gross Profit | 53.3 | (10.0) | 42.9 | 41.7 | 36.0 | 30.8 | 28.5 | 26.2 | 22.9 | 22.1 | 22.1 | 19.9 | 18.3 |
| Operating Income | 13.7 | 6.8 | 7.6 | 10.0 | 9.0 | 6.6 | 5.1 | 3.8 | 8.2 | 10.5 | 11.3 | 9.3 | 9.2 |
| Net Income | 7.4 | 6.9 | 3.6 | 9.5 | 9.3 | 10.4 | 10.6 | 11.5 | (15.4) | 6.2 | 8.0 | 7.6 | 8.8 |
| EPS (Diluted) | 0.06 | 0.06 | 0.03 | 0.09 | 0.09 | 0.10 | 0.10 | 0.11 | -0.15 | 0.06 | 0.08 | 0.07 | 0.08 |
| Balance Sheet | |||||||||||||
| Cash & Equivalents | 122.8 | 154.7 | 305.8 | 289.6 | 430.1 | 429.9 | 594.0 | 626.4 | 2.5 | 600 | |||
| Total Assets | 3,033.2 | 2,841.2 | 2,621.1 | 2,469.8 | 2,445.3 | 2,133.8 | 2,120.7 | 2,033.1 | 1,167.1 | 1,637.5 | |||
| Total Debt | 680.6 | 674.8 | 595.5 | 489.9 | 456.3 | 151.6 | 144.8 | 40.1 | 30.5 | 22.0 | |||
| Stockholders' Equity | 2,273.2 | 2,092.4 | 1,894.2 | 1,909.2 | 1,920.0 | 1,926.2 | 1,933.8 | 1,941.8 | 1,117.0 | 1,598.4 | |||
| Cash Flow | |||||||||||||
| Operating Cash Flow | 41.6 | 47.2 | 21.4 | 25.9 | 39.2 | 34.2 | 25.4 | 29.0 | (7.1) | 16.9 | 15.5 | 10.3 | 17.4 |
| Capital Expenditure | 7.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | 49.2 | 47.2 | 21.4 | 25.9 | 39.2 | 34.2 | 25.4 | 29.0 | (7.1) | 16.9 | 15.5 | 10.3 | 17.4 |