SBA Communications Corp (SBAC) stock
SBACNasdaqReal Estate Investment TrustsFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 5, 2026Score 13/3014% below fair value
$189.35+2.78 (+1.49%)
Close on Nov 13, 2026Market cap $20.09BP/E 20.4Yield –
SBA Communications profit margin
Profit margin (net margin) is net income as a percentage of revenue.
SBA Communications's profit margin for the twelve months ending Sep 30, 2026 was 34.5%. For fiscal 2025 it was 37.4%, against 28.0% the year before. The highest annual figure on record is 37.4% in fiscal 2025.
Annual profit margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 37.4% | +9.5 |
| FY2024 | Dec 31, 2024 | 28.0% | +9.5 |
| FY2023 | Dec 31, 2023 | 18.5% | +1.0 |
| FY2022 | Dec 31, 2022 | 17.5% | +7.2 |
| FY2021 | Dec 31, 2021 | 10.3% | +9.1 |
| FY2020 | Dec 31, 2020 | 1.2% | −6.1 |
| FY2019 | Dec 31, 2019 | 7.3% | +4.8 |
| FY2018 | Dec 31, 2018 | 2.5% | −3.5 |
| FY2017 | Dec 31, 2017 | 6.0% | +1.3 |
| FY2016 | Dec 31, 2016 | 4.7% | +15.4 |
| FY2015 | Dec 31, 2015 | -10.7% | −9.1 |
| FY2014 | Dec 31, 2014 | -1.6% | +2.7 |
| FY2013 | Dec 31, 2013 | -4.3% | +14.7 |
| FY2012 | Dec 31, 2012 | -19.0% | −0.9 |
| FY2011 | Dec 31, 2011 | -18.1% | +13.0 |
| FY2010 | Dec 31, 2010 | -31.1% | −5.7 |
| FY2009 | Dec 31, 2009 | -25.4% | −11.2 |
| FY2008 | Dec 31, 2008 | -14.1% | – |
Quarterly profit margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 32.4% | +0.1 |
| Q2 FY2026 | Jun 30, 2026 | 27.8% | −4.5 |
| Q1 FY2026 | Mar 31, 2026 | 26.3% | −7.0 |
| Q4 FY2025 | Dec 31, 2025 | 51.5% | +26.4 |
| Q3 FY2025 | Sep 30, 2025 | 32.3% | −6.4 |
| Q2 FY2025 | Jun 30, 2025 | 32.3% | +7.6 |
| Q1 FY2025 | Mar 31, 2025 | 33.2% | +9.7 |
| Q4 FY2024 | Dec 31, 2024 | 25.0% | +8.8 |
| Q3 FY2024 | Sep 30, 2024 | 38.7% | +25.9 |
| Q2 FY2024 | Jun 30, 2024 | 24.7% | −5.4 |
| Q1 FY2024 | Mar 31, 2024 | 23.5% | +8.5 |
| Q4 FY2023 | Dec 31, 2023 | 16.2% | +1.2 |
| Q3 FY2023 | Sep 30, 2023 | 12.8% | −2.0 |
| Q2 FY2023 | Jun 30, 2023 | 30.0% | +19.4 |
| Q1 FY2023 | Mar 31, 2023 | 15.0% | −15.5 |
| Q4 FY2022 | Dec 31, 2022 | 15.1% | +6.8 |
| Q3 FY2022 | Sep 30, 2022 | 14.8% | +6.7 |
| Q2 FY2022 | Jun 30, 2022 | 10.7% | −15.9 |
| Q1 FY2022 | Mar 31, 2022 | 30.4% | +32.6 |
| Q4 FY2021 | Dec 31, 2021 | 8.2% | −11.5 |
| Q3 FY2021 | Sep 30, 2021 | 8.1% | +3.8 |
| Q2 FY2021 | Jun 30, 2021 | 26.5% | +22.0 |
| Q1 FY2021 | Mar 31, 2021 | -2.1% | +22.4 |
| Q4 FY2020 | Dec 31, 2020 | 19.7% | +6.6 |
| Q3 FY2020 | Sep 30, 2020 | 4.3% | +0.0 |
| Q2 FY2020 | Jun 30, 2020 | 4.5% | −1.9 |
| Q1 FY2020 | Mar 31, 2020 | -24.6% | −29.8 |
| Q4 FY2019 | Dec 31, 2019 | 13.1% | +1.3 |
| Q3 FY2019 | Sep 30, 2019 | 4.3% | +0.8 |
| Q2 FY2019 | Jun 30, 2019 | 6.4% | +19.0 |
| Q1 FY2019 | Mar 31, 2019 | 5.3% | −1.6 |
| Q4 FY2018 | Dec 31, 2018 | 11.8% | +10.1 |
| Q3 FY2018 | Sep 30, 2018 | 3.5% | −7.9 |
| Q2 FY2018 | Jun 30, 2018 | -12.6% | −14.7 |
| Q1 FY2018 | Mar 31, 2018 | 6.9% | −2.0 |
| Q4 FY2017 | Dec 31, 2017 | 1.7% | +0.5 |
| Q3 FY2017 | Sep 30, 2017 | 11.3% | – |
| Q2 FY2017 | Jun 30, 2017 | 2.2% | – |
| Q1 FY2017 | Mar 31, 2017 | 8.9% | – |
| Q4 FY2016 | Dec 31, 2016 | 1.3% | – |
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