Sba Communications SBAC
NASDAQ SBAC
$181.96 -4.79 (-2.56%)
As of: Sep 10, 2026 · 11:55 AM EDT

Sba Communications (SBAC) FCF Margin (2010 - 2026)

Sba Communications (SBAC) posted FCF Margin of 48.2% for Q2 2026, up 64.04% on a QoQ basis from 29.38% in Q1 2026, and up 353.0% year-over-year from 10.64% in Q2 2025.

Analysis

Sba Communications (SBAC) FCF Margin (2010 - 2026) Analysis & Trends

Sba Communications has reported FCF Margin for 17 years, with the latest figure at 48.2% in Q2 2026.

  • On a quarterly basis, FCF Margin rose 353.0% year-over-year to 48.2% in Q2 2026; TTM through Jun 2026 was 36.6%, a 237.0% decrease from a year earlier, with the FY2025 full-year figure at 37.88%, down 342.0% from the prior year.
  • FCF Margin was 48.2% for Q2 2026 at Sba Communications, up from 29.38% in the prior quarter.
  • The five-year high for FCF Margin was 62.41% in Q2 2023, with the low at 29.38% in Q1 2026.
  • Average FCF Margin over 5 years is 41.72%, with a median of 38.59% recorded in 2023.
  • The sharpest annual moves came in 2023 and 2024: FCF Margin jumped 2236 bps in 2023, then tumbled 1809 bps in 2024.
  • Over 5 years, FCF Margin stood at 32.44% in 2022, then surged by 69 bps to 54.8% in 2023, then sank by 33 bps to 36.7% in 2024, then fell by 9 bps to 33.53% in 2025, then soared by 44 bps to 48.2% in 2026.
  • The last three FCF Margin figures came in at 48.2% (Q2 2026), 29.38% (Q1 2026), and 33.53% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 American Tower 80.60 Bn 78.84 Bn 2.72 Bn 42.41%
2 Crown Castle 32.17 Bn 31.13 Bn 989.00 Mn 46.83%
3 Sba Communications 19.30 Bn 19.30 Bn 539.27 Mn 48.20%
4 Array Digital Infrastructure 3.29 Bn 2.87 Bn 30.57 Mn -91.13%
5 IHS Holding 2.84 Bn 1.76 Bn 207.10 Mn 41.79%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 48.20%
Mar 31, 2026 29.38%
Dec 31, 2025 33.53%
Sep 30, 2025 35.23%
Jun 30, 2025 44.67%
Mar 31, 2025 38.39%
Dec 31, 2024 36.70%
Sep 30, 2024 35.93%
Jun 30, 2024 56.87%
Mar 31, 2024 35.96%
Dec 31, 2023 54.80%
Sep 30, 2023 36.96%
Jun 30, 2023 62.41%
Mar 31, 2023 38.79%
Dec 31, 2022 32.44%
Sep 30, 2022 40.72%
Jun 30, 2022 48.95%
Mar 31, 2022 41.06%
Dec 31, 2021 42.89%
Sep 30, 2021 37.00%