Curbline Properties Corp. (CURB) Balance Sheet
CURB balance sheet, 2025
December 31, 2025 · U.S. dollars$2.47B assets = $556.3M liabilities + $1.91B equity
Both columns are drawn to the same scale: what CURB owns equals what it owes plus shareholders’ equity. Hover a block for its value.
CURB financial health
Descriptive bands, not a rating. Fiscal 2025.
CURB balance sheet trends, 2022–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $758.0M2022 | $2.47B2025 | +48.2%/yr | |
| Total liabilities | $66.2M2022 | $556.3M2025 | +103.3%/yr | |
| Shareholders’ equity | $691.8M2022 | $1.91B2025 | +40.3%/yr | |
| Cash & short-term investments | $77,0002022 | $289.6M2025 | +1,455.1%/yr | |
| Total debt | $53.8M2022 | $489.9M2025 | +108.8%/yr | |
| Net cash (debt) | −$53.7M2022 | −$200.4M2025 | −$146.6M | |
| Working capital | −$2.7M2022 | $272.5M2025 | +$275.3M | |
| Book value per share | $6.602022 | $18.132025 | +40.0%/yr | |
| Current ratio | 0.782022 | 5.112025 | +4.32 | |
| Debt / equity | 0.082022 | 0.262025 | +0.18 | |
| Shares outstanding | 104.8M2022 | 105.3M2025 | +0.2%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
CURB assets
CURB liabilities and equity
CURB debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
CURB balance sheet
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Assets | ||||
| Cash & short-term investments | $289.6M | $626.4M | $566,000 | $77,000 |
| Cash & equivalents | $289.6M | $626.4M | $566,000 | $77,000 |
| Receivables | $44.0M | $49.6M | $11.5M | $9.1M |
| Inventory | $0 | $0 | $0 | $0 |
| Other current assets | $5.4M | $10.8M | $570,000 | $513,000 |
| Total current assets | $338.9M | $686.9M | $12.7M | $9.7M |
| Property, plant & equipment (net) | $0 | $1.26B | $874.6M | $721.0M |
| Goodwill & intangible assets | $137.5M | $82.7M | $34.3M | $27.0M |
| Long-term investments | $0 | $0 | $0 | $0 |
| Other non-current assets | $1.99B | $1.3M | $0 | $280,000 |
| Total assets | $2.47B | $2.03B | $921.6M | $758.0M |
| Liabilities | ||||
| Accounts payable | $45.5M | $23.7M | $12.0M | $12.4M |
| Total current liabilities | $66.4M | $50.4M | $12.0M | $12.4M |
| Long-term debt | $423.2M | $0 | $25.8M | $38.8M |
| Lease obligations | $66.7M | $40.1M | $21.2M | $15.0M |
| Other long-term liabilities | $66.7M | $40.1M | $21.2M | $15.0M |
| Total liabilities | $556.3M | $90.5M | $59.0M | $66.2M |
| Shareholders' equity | ||||
| Common stock & paid-in capital | $1.1M | $1.1M | — | — |
| Retained earnings (deficit) | −$46.1M | −$15.0M | $862.6M | $691.8M |
| Accumulated other comprehensive income | −$4.6M | $1.2M | — | — |
| Minority interest | $4.3M | $773,000 | $0 | — |
| Total shareholders' equity | $1.91B | $1.94B | $862.6M | $691.8M |
| Key figures | ||||
| Total debt | $489.9M | $40.1M | $47.0M | $53.8M |
| Net cash (debt) | −$200.4M | $586.3M | −$46.4M | −$53.7M |
| Working capital | $272.5M | $636.5M | $671,000 | −$2.7M |
| Tangible book value | $1.77B | $1.86B | $828.3M | $664.8M |
| Book value per share | $18.13 | $18.46 | $8.23 | $6.60 |
| Shares outstanding | 105.3M | 105.2M | 104.8M | 104.8M |
| Current ratio | 5.11 | 13.63 | 1.06 | 0.78 |
| Quick ratio | 5.02 | 13.42 | 1.01 | 0.74 |
| Debt / equity | 0.26 | 0.02 | 0.05 | 0.08 |
| Equity / assets | 77.3% | 95.5% | 93.6% | 91.3% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Dec '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $154.7M | $305.8M | $289.6M | $430.1M | $429.9M | $594.0M | $626.4M | $2.5M | $600.0M | $566,000 |
| Cash & equivalents | $154.7M | $305.8M | $289.6M | $430.1M | $429.9M | $594.0M | $626.4M | $2.5M | $600.0M | $566,000 |
| Receivables | $36.1M | $40.1M | $44.0M | $55.0M | $75.0M | $49.5M | $49.6M | $12.7M | $45.9M | $11.5M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $7.6M | $5.4M | $6.7M | $8.4M | $8.5M | $10.8M | $6.5M | $0 | $570,000 |
| Total current assets | $190.8M | $353.5M | $338.9M | $491.7M | $513.3M | $652.0M | $686.9M | $21.7M | $645.9M | $12.7M |
| Property, plant & equipment (net) | $0 | $0 | $0 | $639,000 | $0 | $1.38B | $1.26B | $1.08B | $938.5M | $874.6M |
| Goodwill & intangible assets | $169.2M | $140.0M | $275.0M | $129.4M | $101.3M | $90.5M | $82.7M | $62.9M | $50.7M | $34.3M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $2.48B | $2.13B | $1.86B | $1.82B | $1.52B | $2.7M | $1.3M | $6.6M | $2.3M | $0 |
| Total assets | $2.84B | $2.62B | $2.47B | $2.45B | $2.13B | $2.12B | $2.03B | $1.17B | $1.64B | $921.6M |
| Liabilities | ||||||||||
| Accounts payable | $54.4M | $39.7M | $45.5M | $48.0M | $35.8M | $23.2M | $23.7M | $19.6M | $17.2M | $12.0M |
| Total current liabilities | $74.1M | $58.6M | $66.4M | $65.5M | $53.2M | $40.4M | $50.4M | $19.6M | $17.2M | $12.0M |
| Long-term debt | $595.8M | $595.5M | $423.2M | $396.4M | $99.1M | $99.0M | $0 | $0 | $0 | $25.8M |
| Lease obligations | — | — | $66.7M | $59.8M | $52.5M | $45.8M | $40.1M | $30.5M | $22.0M | $21.2M |
| Other long-term liabilities | $78.9M | $67.7M | $66.7M | $59.8M | $52.5M | $45.8M | $40.1M | $30.5M | $22.0M | $21.2M |
| Total liabilities | $748.8M | $721.8M | $556.3M | $521.8M | $204.8M | $185.2M | $90.5M | $50.0M | $39.1M | $59.0M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $1.1M | $1.1M | $1.1M | $1.1M | $1.1M | $1.1M | $1.1M | — | $1.0M | — |
| Retained earnings (deficit) | −$72.1M | −$60.5M | −$46.1M | −$35.5M | −$27.9M | −$21.4M | −$15.0M | $1.12B | — | $0 |
| Accumulated other comprehensive income | $135,000 | −$2.8M | −$4.6M | −$3.6M | −$2.8M | $45,000 | $1.2M | — | — | — |
| Minority interest | $6.2M | $5.1M | $4.3M | $3.5M | $2.8M | — | — | — | — | — |
| Total shareholders' equity | $2.09B | $1.89B | $1.91B | $1.92B | $1.93B | $1.93B | $1.94B | $1.12B | $1.60B | $862.6M |
| Key figures | ||||||||||
| Total debt | $674.8M | $595.5M | $489.9M | $456.3M | $151.6M | $144.8M | $40.1M | $30.5M | $22.0M | $47.0M |
| Net cash (debt) | −$520.0M | −$289.7M | −$200.4M | −$26.2M | $278.3M | $449.3M | $586.3M | −$27.9M | $578.0M | −$46.4M |
| Working capital | $116.7M | $294.8M | $272.5M | $426.2M | $460.0M | $611.5M | $636.5M | $2.1M | $628.8M | $671,000 |
| Tangible book value | $1.92B | $1.75B | $1.63B | $1.79B | $1.82B | $1.84B | $1.86B | $1.05B | $1.55B | $828.3M |
| Book value per share | $19.21 | $15.95 | $18.11 | $18.24 | $18.30 | $18.39 | $18.46 | $10.65 | $15.25 | $8.23 |
| Shares outstanding | 108.9M | 118.8M | 105.4M | 105.3M | 105.2M | 105.1M | 105.2M | 104.9M | 104.8M | 104.8M |
| Current ratio | 2.58 | 6.03 | 5.11 | 7.51 | 9.64 | 16.12 | 13.63 | 1.11 | 37.60 | 1.06 |
| Quick ratio | 2.58 | 5.90 | 5.02 | 7.41 | 9.49 | 15.91 | 13.42 | 0.78 | 37.60 | 1.01 |
| Debt / equity | 0.32 | 0.31 | 0.26 | 0.24 | 0.08 | 0.07 | 0.02 | 0.03 | 0.01 | 0.05 |
| Equity / assets | 73.6% | 72.3% | 77.3% | 78.5% | 90.3% | 91.2% | 95.5% | 95.7% | 97.6% | 93.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 10, 2026); data from EODHD.
CURB financial position
At the end of fiscal 2025 (December 31, 2025), Curbline Properties had total assets of $2.5 billion (up 21.5% from a year earlier), total liabilities of $556.3 million and shareholders' equity of $1.9 billion. It held $289.6 million in cash and short-term investments against $489.9 million of debt, net debt of $200.4 million. Its current ratio was 5.11. In the latest quarter (ended June 30, 2026) total assets were $2.8 billion and equity $2.1 billion.
Related: CURB income statement, CURB cash flow statement, CURB key metrics. See the CURB stock overview for the latest quote and news.
CURB balance sheet FAQ
What are Curbline Properties's total assets?
Curbline Properties reported total assets of $2.5 billion at the end of fiscal 2025 (December 31, 2025), compared with $2.0 billion a year earlier.
How much debt does Curbline Properties have?
Curbline Properties had $489.9 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.26.
How much cash does Curbline Properties have?
Curbline Properties held $289.6 million in cash and short-term investments at the end of fiscal 2025; with $489.9 million of debt that is net debt of $200.4 million.
What is Curbline Properties's book value?
Curbline Properties's shareholders' equity (book value) was $1.9 billion at the end of fiscal 2025, or $18.13 per share.
What is Curbline Properties's current ratio?
Curbline Properties had current assets of $338.9 million and current liabilities of $66.4 million, a current ratio of 5.11 (it can cover its short-term obligations).
How much goodwill does Curbline Properties have?
Curbline Properties carried $137.5 million of goodwill and intangible assets, 5.6% of total assets, at the end of fiscal 2025.