Sba Communications (SBAC) EBITDA Margin (2010 - 2026)
Sba Communications (SBAC) posted EBITDA Margin of 54.02% for Q2 2026, little changed on a QoQ basis from 53.86% in Q1 2026, and up 159.0% year-over-year from 20.86% in Q2 2025.
Analysis
Sba Communications (SBAC) EBITDA Margin (2010 - 2026) Analysis & Trends
Sba Communications has reported EBITDA Margin for 17 years, with the latest figure at 54.02% in Q2 2026.
- On a quarterly basis, EBITDA Margin rose 159.0% year-over-year to 54.02% in Q2 2026; TTM through Jun 2026 was 52.64%, a 386.0% decrease from a year earlier, with the FY2025 full-year figure at 52.38%, down 554.0% from the prior year.
- EBITDA Margin was 54.02% for Q2 2026 at Sba Communications, roughly flat from 53.86% in the prior quarter.
- The five-year high for EBITDA Margin was 60.13% in Q3 2024, with the low at 40.8% in Q4 2023.
- Average EBITDA Margin over 5 years is 50.43%, with a median of 49.56% recorded in 2025.
- The sharpest annual moves came in 2024 and 2025: EBITDA Margin jumped 1820 bps in 2024, then sank 1230 bps in 2025.
- Over 5 years, EBITDA Margin stood at 44.26% in 2022, then dropped by 8 bps to 40.8% in 2023, then soared by 45 bps to 58.99% in 2024, then slipped by 21 bps to 46.7% in 2025, then increased by 16 bps to 54.02% in 2026.
- The last three EBITDA Margin figures came in at 54.02% (Q2 2026), 53.86% (Q1 2026), and 46.7% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 80.60 Bn | 78.84 Bn | 2.72 Bn | 46.15% |
| 2 | Crown Castle | 32.17 Bn | 31.13 Bn | 989.00 Mn | 46.63% |
| 3 | Sba Communications | 19.30 Bn | 19.30 Bn | 539.27 Mn | 54.02% |
| 4 | Array Digital Infrastructure | 3.29 Bn | 2.87 Bn | 30.57 Mn | 738.42% |
| 5 | IHS Holding | 2.84 Bn | 1.76 Bn | 207.10 Mn | 19.32% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 54.02% |
| Mar 31, 2026 | 53.86% |
| Dec 31, 2025 | 46.70% |
| Sep 30, 2025 | 55.97% |
| Jun 30, 2025 | 52.43% |
| Mar 31, 2025 | 54.53% |
| Dec 31, 2024 | 58.99% |
| Sep 30, 2024 | 60.13% |
| Jun 30, 2024 | 57.64% |
| Mar 31, 2024 | 54.85% |
| Dec 31, 2023 | 40.80% |
| Sep 30, 2023 | 46.42% |
| Jun 30, 2023 | 45.72% |
| Mar 31, 2023 | 43.45% |
| Dec 31, 2022 | 44.26% |
| Sep 30, 2022 | 46.08% |
| Jun 30, 2022 | 45.93% |
| Mar 31, 2022 | 45.97% |
| Dec 31, 2021 | 44.21% |
| Sep 30, 2021 | 47.17% |