Sba Communications (SBAC) EBITDA Margin (2010 - 2026)
Sba Communications' (SBAC) quarterly EBITDA Margin came in at 48.74% in Q1 2026, down 168.0% year-on-year from 71.67% in Q1 2025, and up 17.33% quarter-over-quarter from 41.54% in Q4 2025.
Sba Communications (SBAC) EBITDA Margin (2010 - 2026) Analysis & Trends
Sba Communications' EBITDA Margin history runs 17 years deep, the most recent figure standing at 48.74% for Q1 2026.
- On a quarterly basis, EBITDA Margin fell 168.0% year-over-year to 48.74% in Q1 2026; TTM through Mar 2026 was 47.32%, a 656.0% decrease from a year earlier, with the FY2025 full-year figure at 47.7%, down 588.0% from the prior year.
- EBITDA Margin improved to 48.74% in Q1 2026 per SBAC's latest filing, from 41.54% in the prior quarter.
- Across five years, EBITDA Margin topped out at 56.26% in Q3 2024 and bottomed at 31.06% in Q4 2023.
- The 5-year median for EBITDA Margin is 41.54% (2025), against an average of 42.98%.
- Across the five-year window, EBITDA Margin surged 2405 bps in 2024 and plunged 1357 bps in 2025, its largest moves.
- Year by year, EBITDA Margin stood at 34.2% in 2022, then fell by 9 bps to 31.06% in 2023, then jumped by 77 bps to 55.12% in 2024, then retreated by 25 bps to 41.54% in 2025, then rose by 17 bps to 48.74% in 2026.
- Per Business Quant, the three latest SBAC EBITDA Margin figures stand at 48.74% (Q1 2026), 41.54% (Q4 2025), and 51.09% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 102.00 Bn | 98.94 Bn | 1.26 Bn | 23.61% |
| 2 | American Tower | 76.76 Bn | 83.27 Bn | 2.70 Bn | 45.27% |
| 3 | Digital Realty Trust | 61.91 Bn | 61.08 Bn | - | 16.38% |
| 4 | Iron Mountain | 37.06 Bn | 37.09 Bn | 1.05 Bn | 20.41% |
| 5 | Crown Castle | 32.50 Bn | 32.44 Bn | 23.00 Mn | 948.98% |
| 6 | Sba Communications | 18.50 Bn | 18.59 Bn | 532.10 Mn | 48.74% |
| 7 | Weyerhaeuser | 17.05 Bn | 16.75 Bn | 318.00 Mn | 14.30% |
| 8 | Lamar Advertising | 15.99 Bn | 15.96 Bn | 344.69 Mn | 27.66% |
| 9 | Gaming & Leisure Properties | 12.58 Bn | 12.98 Bn | - | 79.37% |
| 10 | Rayonier | 6.43 Bn | 5.79 Bn | 46.45 Mn | -16.49% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 48.74% |
| Dec 31, 2025 | 41.54% |
| Sep 30, 2025 | 51.09% |
| Jun 30, 2025 | 47.90% |
| Mar 31, 2025 | 50.42% |
| Dec 31, 2024 | 55.12% |
| Sep 30, 2024 | 56.26% |
| Jun 30, 2024 | 53.67% |
| Mar 31, 2024 | 49.15% |
| Dec 31, 2023 | 31.06% |
| Sep 30, 2023 | 36.42% |
| Jun 30, 2023 | 35.55% |
| Mar 31, 2023 | 33.18% |
| Dec 31, 2022 | 34.20% |
| Sep 30, 2022 | 35.97% |
| Jun 30, 2022 | 35.43% |
| Mar 31, 2022 | 34.98% |
| Dec 31, 2021 | 33.16% |
| Sep 30, 2021 | 35.94% |
| Jun 30, 2021 | 34.71% |