stockrowSBA Communications Corporation
SBAC Real Estate Reit Specialty
SBA Communications Corporation’s revenue for fiscal 2025 (year ended December 2025) was $2.8 billion, up 5.06% from fiscal 2024.
- Revenue
- −2.51%
- EPS
- −0.27%
- Free cash flow
- +28.6%
- Total debt
- +1.50%
Quarter to September 2026, against a year earlier
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SBA Communications Corporation (SBAC) Operating margin
SBA Communications Corporation's operating margin over the twelve months to 30 September 2026 was 47.7%, up 0.0 percentage points from fiscal 2025 (47.7%). Over the past ten years it has ranged from 19.1% (fiscal 2015) to 53.6% (fiscal 2024); the current reading is higher than 91% of that period. That is above the Reit Specialty industry median of 20.7% and above the Real Estate sector median of 17.8%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 47.7% | (5.88) |
| FY2024 | 53.6% | 19.52 |
| FY2023 | 34.1% | (1.08) |
| FY2022 | 35.1% | 1.25 |
| FY2021 | 33.9% | 3.47 |
| FY2020 | 30.4% | 1.46 |
| FY2019 | 29.0% | (0.21) |
| FY2018 | 29.2% | 2.63 |
| FY2017 | 26.5% | 2.82 |
| FY2016 | 23.7% | 4.65 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Sep 2026 | 51.5% | 2.32 |
| Jun 2026 | 49.2% | 0.45 |
| Mar 2026 | 48.7% | 7.20 |
| Dec 2025 | 41.5% | (9.55) |
| 43 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| GLPI Gaming and Leisure Properties, Inc. compare | 79.1% |
| SBAC SBA Communications Corporation | 47.7% |
| CCI Crown Castle Inc. compare | 47.1% |
| LAMR Lamar Advertising Company compare | 32.1% |
| OUT OUTFRONT Media Inc. compare | 20.5% |
| IRM Iron Mountain Incorporated compare | 19.5% |
| WY Weyerhaeuser Company compare | 11.7% |
| RYN Rayonier Inc. compare | 5.96% |
| DLR Digital Realty Trust, Inc. compare | 2.78% |
| Reit Specialty industry median | 20.7% |
| Real Estate sector median | 17.8% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
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- Piotroski F-score
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