B

Curbline Properties Corp. — Earnings Quality Grade B

CURB · Real Estate

Generally healthy

Revenue
$183M
2025
Net Income
$40M
2025
Gross Margin
74.9%
Free Cash Flow
$125M
01

Screening Summary

12
Passed
3
Watch
0
Failed
M-Score

Management Signals

No recent CEO, CFO, board, or accounting leadership signals found in SEC 8-K filings.
02

Financial Trends

Revenue & Net Income ($B)

Margins (%)

03

18-Point Screening

01

Revenue Quality

A1DSO Change

DSO 45 days, change -3 days YoY

A2AR vs Revenue Growth

AR growth 41.7% vs revenue growth 51.3%

A3Revenue vs CFFO

Revenue 51.3%, CFFO 129.6%. Cash follows revenue

02

Expense Quality

B1Inventory vs COGS

No material inventory

B2CapEx vs Revenue

Insufficient data

B3SG&A Ratio

SG&A/Gross Profit = 24.8%, excellent (<30%)

B4Gross Margin

Gross margin 74.9%, change -2.3pp. Stable

03

Cash Flow Quality

C1CFFO vs Net Income

CFFO/NI = 3.13. Profits backed by cash

C2Free Cash Flow

FCF $0.1B, FCF/NI = 3.13

C3Accruals Ratio

Accruals ratio = -3.4%. Low accruals

!
C4Cash vs Debt

Cash $0.3B covers 68% of debt $0.4B

04

Balance Sheet Health

D1Goodwill + Intangibles

Goodwill+Intangibles $0.1B = 7% of equity. Manageable

D2Leverage

Debt/EBITDA = 3.4x. Healthy

!
D3Soft Asset Growth

Other assets grew 268.8% vs revenue 51.3%

D4Asset Impairment

No write-off data

05

Acquisition Risk

E1Serial Acquirer FCF

FCF after acquisitions positive

!
E2Goodwill Surge

Goodwill+Intangibles surged 66% YoY

06

Manipulation Score

F1Beneish M-Score

Insufficient data

Altman Z-Score — Not Applicable

Curbline Properties Corp. is a financial company. Z-Score is designed for non-financial companies.

Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25