SBA Communications Corporation SBAC

166.15 0.03 0.02% as of 25 Sep
Market cap
$17.6B
P/E
17.8×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

SBA Communications Corporation (SBAC) Gross margin

SBA Communications Corporation's gross margin over the twelve months to 30 June 2026 was 75.2%, down 0.3 percentage points from fiscal 2025 (75.5%). Over the past ten years it has ranged from 72.9% (fiscal 2015) to 78.3% (fiscal 2024); the current reading is higher than 55% of that period. That is above the Reit Specialty industry median of 67.4% and above the Real Estate sector median of 66.1%.

Gross margin, annual

Annual

Period Gross margin Change (points)
FY2025 75.5% (2.83)
FY2024 78.3% 0.88
FY2023 77.4% 2.80
FY2022 74.6% (1.76)
FY2021 76.4% (0.75)
FY2020 77.1% 1.59
FY2019 75.5% 0.66
FY2018 74.9% 0.70
FY2017 74.2% (0.06)
FY2016 74.2% 1.35

Quarterly

Period Gross margin Change (points)
Jun 2026 75.4% (0.25)
Mar 2026 75.6% 0.02
Dec 2025 75.6% 1.54
Sep 2025 74.1% (1.30)
42 more quarters

Against its own ten years

Low 72.9% High 78.3%
Ten-year median 75.5%
Current reading's percentile 55

Gross margin against peers

Company Gross margin
GLPI Gaming and Leisure Properties, Inc. compare 100.0%
SBAC SBA Communications Corporation 75.2%
CCI Crown Castle Inc. compare 73.7%
LAMR Lamar Advertising Company compare 67.4%
DLR Digital Realty Trust, Inc. compare 57.1%
IRM Iron Mountain Incorporated compare 54.2%
OUT OUTFRONT Media Inc. compare 51.4%
RYN Rayonier Inc. compare 23.7%
WY Weyerhaeuser Company compare 14.5%
Reit Specialty industry median 67.4%
Real Estate sector median 66.1%
Market median 46.3%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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