Sba Communications (SBAC) Net Margin (2010 - 2026)
Sba Communications (SBAC) posted quarterly Net Margin of 26.29% for Q1 2026, down 652.0% year-over-year from 4.76% in Q1 2025, and up 178.48% quarter-over-quarter from 33.49% in Q4 2025.
Sba Communications (SBAC) Net Margin (2010 - 2026) Analysis & Trends
Sba Communications' Net Margin history runs 17 years deep, the most recent figure standing at 26.29% for Q1 2026.
- In Q1 2026, Net Margin fell 652.0% year-over-year to 26.29%; the TTM figure through Mar 2026 stood at 14.37% (down 1538.0% YoY), while the FY2025 annual figure was 15.74%, down 1171.0% from the prior year.
- Net Margin for Q1 2026 stood at 26.29%, up from 33.49% in the prior quarter.
- The five-year high for Net Margin was 38.33% in Q3 2024, with the low at 55.37% in Q4 2022.
- The 5-year median for Net Margin is 23.89% (2024), against an average of 16.14%.
- The sharpest annual moves came in 2023 and 2025: Net Margin soared 7160 bps in 2023, then plunged 5738 bps in 2025.
- Sba Communications' Net Margin stood at 55.37% in 2022, then jumped by 129 bps to 16.23% in 2023, then soared by 47 bps to 23.89% in 2024, then plunged by 240 bps to 33.49% in 2025, then surged by 178 bps to 26.29% in 2026.
- Business Quant data shows SBAC's Net Margin at 26.29% in Q1 2026, 33.49% in Q4 2025, and 32.83% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 106.74 Bn | 104.52 Bn | 1.40 Bn | 18.17% |
| 2 | American Tower | 82.05 Bn | 80.29 Bn | 2.72 Bn | 31.56% |
| 3 | Digital Realty Trust | 68.79 Bn | 66.93 Bn | - | 16.08% |
| 4 | Iron Mountain | 36.65 Bn | 36.44 Bn | 1.07 Bn | 5.00% |
| 5 | Crown Castle | 32.67 Bn | 31.63 Bn | 989.00 Mn | 1.88% |
| 6 | Sba Communications | 19.18 Bn | 19.18 Bn | 539.27 Mn | 27.47% |
| 7 | Weyerhaeuser | 17.80 Bn | 17.27 Bn | 311.00 Mn | 8.68% |
| 8 | Lamar Advertising | 15.33 Bn | 15.26 Bn | 422.53 Mn | 26.05% |
| 9 | Gaming & Leisure Properties | 12.49 Bn | 12.49 Bn | - | 54.57% |
| 10 | Rayonier | 6.43 Bn | 6.01 Bn | 75.67 Mn | 4.85% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 27.47% |
| Mar 31, 2026 | 26.29% |
| Dec 31, 2025 | -33.49% |
| Sep 30, 2025 | 32.83% |
| Jun 30, 2025 | 32.29% |
| Mar 31, 2025 | 32.80% |
| Dec 31, 2024 | 23.89% |
| Sep 30, 2024 | 38.33% |
| Jun 30, 2024 | 24.14% |
| Mar 31, 2024 | 23.49% |
| Dec 31, 2023 | 16.23% |
| Sep 30, 2023 | 12.51% |
| Jun 30, 2023 | 29.77% |
| Mar 31, 2023 | 14.89% |
| Dec 31, 2022 | -55.37% |
| Sep 30, 2022 | 14.77% |
| Jun 30, 2022 | 10.61% |
| Mar 31, 2022 | 30.38% |
| Dec 31, 2021 | -33.64% |
| Sep 30, 2021 | 8.11% |