Curbline Properties Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Rental Revenue	181.98	120.03	93	72.86	52.19
Other Revenue	0.91	0.85	0.66	0.28	0.12
Total Revenue	182.89	120.88	93.66	73.14	52.32
Revenue Growth (YoY	51.30%	29.06%	28.06%	39.79%	-
Property Expenses	45.95	27.6	21.91	15.38	10.78
Selling, General & Administrative	33.92	17.44	5.22	3.78	3.3
Depreciation & Amortization	72.41	41.91	31.99	26.63	15
Total Operating Expenses	152.28	86.95	59.12	45.78	29.08
Operating Income	30.62	33.93	34.54	27.36	23.24
Interest Expense	-12.14	-0.9	-1.52	-1.62	-2.15
Interest & Investment Income	18.56	7.81	-	-	-
Other Non-Operating Income	1.78	0.24	-2.38	-0.01	-0.01
EBT Excluding Unusual Items	38.81	41.08	30.64	25.73	21.09
Gain (Loss) on Sale of Assets	1.38	-	0.37	-	-
Other Unusual Items	-	-30.8	-	-	-
Pretax Income	40.19	10.28	31.01	25.73	21.09
Income Tax Expense	0.31	0	-	-	-
Earnings From Continuing Operations	39.88	10.27	31.01	25.73	21.09
Minority Interest in Earnings	-0.05	-0.01	-	-	-0.43
Net Income	39.83	10.26	31.01	25.73	20.66
Preferred Dividends & Other Adjustments	0.55	0.27	-	-	-
Net Income to Common	39.28	10	31.01	25.73	20.66
Net Income Growth	288.12%	-66.91%	20.53%	24.55%	-
Basic Shares Outstanding	105	105	105	105	-
Diluted Shares Outstanding	105	105	105	105	-
Shares Change (YoY)	0.08%	0.34%	-	-	-
EPS (Basic)	0.37	0.10	0.30	0.25	-
EPS (Diluted)	0.37	0.09	0.30	0.25	-
EPS Growth	311.11%	-69.57%	20.53%	-	-
Dividend Per Share	0.640	-	-	-	-
Operating Margin	16.74%	28.07%	36.88%	37.41%	44.42%
Profit Margin	21.48%	8.27%	33.11%	35.18%	39.49%
EBITDA	103.03	75.84	66.53	53.99	38.24
EBITDA Margin	56.33%	62.74%	71.03%	73.82%	73.10%
D&A For Ebitda	72.41	41.91	31.99	26.63	15
EBIT	30.62	33.93	34.54	27.36	23.24
EBIT Margin	16.74%	28.07%	36.88%	37.41%	44.42%
Funds From Operations (FFO)	110.77	52.16	-	-	35.66
FFO Per Share	1.05	0.50	-	-	-
Adjusted Funds From Operations (AFFO)	110.77	52.16	-	-	35.66
AFFO Per Share	1.05	0.50	-	-	-
FFO Payout Ratio	69.86%	-	-	-	-
Effective Tax Rate	0.76%	0.04%	-	-	-
Revenue as Reported	182.89	120.88	93.66	73.14	52.32

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

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