KPIs & Operating Metrics(New)
Growth Metrics

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

Sba Communications' quarterly Net Margin came in at 26.29% in Q1 2026, down 652.0% year-on-year from 4.76% in Q1 2025, and up 156.73% quarter-over-quarter from 46.34% in Q4 2025.

Sba Communications has reported Net Margin for 17 years, with the latest figure at 26.29% in Q1 2026.

  • For the quarter ending Q1 2026, Net Margin fell 652.0% year-over-year to 26.29%; the trailing twelve-month figure through Mar 2026 stood at 11.13% (up 1060.0% YoY), and the FY2025 full-year result was 12.45%, up 4457.0% from the prior year.
  • Net Margin for Q1 2026 stood at 26.29%, up from 46.34% in the prior quarter.
  • The five-year high for Net Margin was 38.33% in Q3 2024, with the low at 89.23% in Q4 2024.
  • Average Net Margin over 5 years is 9.15%, with a median of 23.49% recorded in 2024.
  • Year-over-year, Net Margin plunged 5027 bps in 2024 and soared 4289 bps in 2025.
  • Tracing SBAC's Net Margin over 5 years: stood at 6.96% in 2022, then slumped by 660 bps to 38.96% in 2023, then plunged by 129 bps to 89.23% in 2024, then jumped by 48 bps to 46.34% in 2025, then soared by 157 bps to 26.29% in 2026.
  • The last three Net Margin figures came in at 26.29% (Q1 2026), 46.34% (Q4 2025), and 32.83% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Equinix 106.10 Bn 103.07 Bn 2.20 Bn 16.98%
2 American Tower 85.70 Bn 92.20 Bn 2.70 Bn 31.40%
3 Digital Realty Trust 67.00 Bn 66.16 Bn - 7.66%
4 Crown Castle 40.17 Bn 40.12 Bn 984.00 Mn 27.33%
5 Iron Mountain 37.80 Bn 37.83 Bn 1.05 Bn 7.42%
6 Sba Communications 21.99 Bn 22.08 Bn 532.10 Mn 26.29%
7 Weyerhaeuser 16.98 Bn 16.68 Bn 318.00 Mn 9.03%
8 Lamar Advertising 15.51 Bn 15.46 Bn 403.56 Mn 25.54%
9 Gaming & Leisure Properties 13.46 Bn 13.86 Bn - 57.00%
10 OUTFRONT Media 5.85 Bn 5.81 Bn 202.10 Mn 4.19%

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 26.29%
Dec 31, 2025 -46.34%
Sep 30, 2025 32.83%
Jun 30, 2025 32.29%
Mar 31, 2025 32.80%
Dec 31, 2024 -89.23%
Sep 30, 2024 38.33%
Jun 30, 2024 24.14%
Mar 31, 2024 23.49%
Dec 31, 2023 -38.96%
Sep 30, 2023 12.51%
Jun 30, 2023 29.77%
Mar 31, 2023 14.89%
Dec 31, 2022 6.96%
Sep 30, 2022 14.77%
Jun 30, 2022 10.61%
Mar 31, 2022 30.38%
Dec 31, 2021 8.22%
Sep 30, 2021 8.11%
Jun 30, 2021 26.53%
Mar 31, 2021 -2.14%
Dec 31, 2020 -20.23%
Sep 30, 2020 4.34%
Jun 30, 2020 4.56%
Mar 31, 2020 -24.74%
Dec 31, 2019 16.25%
Sep 30, 2019 4.29%
Jun 30, 2019 6.39%
Mar 31, 2019 5.27%
Dec 31, 2018 8.65%
Sep 30, 2018 3.46%
Jun 30, 2018 -12.58%
Mar 31, 2018 6.88%
Dec 31, 2017 1.73%
Sep 30, 2017 11.33%
Jun 30, 2017 2.16%
Mar 31, 2017 8.88%
Dec 31, 2016 1.26%
Sep 30, 2016 -3.74%
Jun 30, 2016 8.07%
Mar 31, 2016 13.42%
Dec 31, 2015 7.62%
Sep 30, 2015 -37.97%
Jun 30, 2015 6.89%
Mar 31, 2015 -19.27%
Dec 31, 2014 0.23%
Sep 30, 2014 -4.23%
Jun 30, 2014 -1.40%
Mar 31, 2014 0.41%
Dec 31, 2013 -5.71%
Sep 30, 2013 6.48%
Jun 30, 2013 -11.07%
Mar 31, 2013 -7.15%
Dec 31, 2012 -0.02%
Sep 30, 2012 0.41%
Jun 30, 2012 0.60%
Mar 31, 2012 -11.77%
Dec 31, 2011 -15.87%
Sep 30, 2011 -19.05%
Jun 30, 2011 -17.49%
Mar 31, 2011 -20.49%
Dec 31, 2010 92.89%
Sep 30, 2010 -21.79%
Jun 30, 2010 -54.27%
Mar 31, 2010 -25.28%