Sba Communications (SBAC) Operating Margin (2009 - 2025)
Sba Communications' annual Operating Margin came in at 47.7% in FY2025, down 94.92% year-over-year from 939.21% in FY2024.
Sba Communications has reported Operating Margin for 17 years, with the latest figure at 47.7% in FY2025.
- For the quarter ending Q1 2026, Operating Margin fell 168.0% year-over-year to 48.74%; the trailing twelve-month figure through Mar 2026 stood at 47.32% (down 656.0% YoY), and the FY2025 full-year result was 47.7%, down 89151.0% from the prior year.
- Operating Margin for FY2025 stood at 47.7%, down from 939.21% in the prior year.
- The five-year high for Operating Margin was 939.21% in FY2024, with the low at 25.9% in FY2021.
- Average Operating Margin over 5 years is 276.74%, with a median of 59.18% recorded in 2023.
- Year-over-year, Operating Margin jumped 88004 bps in 2024 and plunged 89151 bps in 2025.
- Tracing SBAC's Operating Margin over 5 years: stood at 25.9% in 2021, then surged by 1103 bps to 311.71% in 2022, then sank by 81 bps to 59.18% in 2023, then jumped by 1487 bps to 939.21% in 2024, then tumbled by 95 bps to 47.7% in 2025.
- The last three Operating Margin figures came in at 47.7% (FY2025), 939.21% (FY2024), and 59.18% (FY2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Yr) |
|---|---|---|---|---|---|
| 1 | Equinix | 106.10 Bn | 103.07 Bn | 2.20 Bn | - |
| 2 | American Tower | 85.70 Bn | 92.20 Bn | 2.70 Bn | - |
| 3 | Digital Realty Trust | 67.00 Bn | 66.16 Bn | - | - |
| 4 | Crown Castle | 40.17 Bn | 40.12 Bn | 984.00 Mn | - |
| 5 | Iron Mountain | 37.80 Bn | 37.83 Bn | 1.05 Bn | - |
| 6 | Sba Communications | 21.99 Bn | 22.08 Bn | 532.10 Mn | - |
| 7 | Weyerhaeuser | 16.98 Bn | 16.68 Bn | 318.00 Mn | - |
| 8 | Lamar Advertising | 15.51 Bn | 15.46 Bn | 403.56 Mn | 34.16% |
| 9 | Gaming & Leisure Properties | 13.46 Bn | 13.86 Bn | - | - |
| 10 | OUTFRONT Media | 5.85 Bn | 5.81 Bn | 202.10 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 47.70% |
| Dec 31, 2024 | 939.21% |
| Dec 31, 2023 | 59.18% |
| Dec 31, 2022 | 311.71% |
| Dec 31, 2021 | 25.90% |
| Dec 31, 2020 | -2.90% |
| Dec 31, 2019 | 1.95% |
| Dec 31, 2018 | 0.58% |
| Dec 31, 2017 | 438.75% |
| Dec 31, 2016 | 1.87% |
| Dec 31, 2015 | 19.07% |
| Dec 31, 2014 | 22.04% |
| Dec 31, 2013 | 17.60% |
| Dec 31, 2012 | -6.50% |
| Dec 31, 2011 | 15.85% |
| Dec 31, 2010 | -10.80% |
| Dec 31, 2009 | 9.89% |