SBAC
SBA Communications Corp
NASDAQ: SBAC · REAL ESTATE · REIT - SPECIALTY
$221.20
+2.42% today
Updated 2026-04-30
Market cap
$22.91B
P/E ratio
22.02
P/S ratio
8.14x
EPS (TTM)
$9.81
Dividend yield
2.04%
52W range
$162 – $240
Volume
1.3M
SBA Communications Corp (SBAC) Financial statements
SEC filings — annual and quarterly data.
Profit margin
37.40%
Operating margin
52.40%
ROE
0.00%
ROA
8.26%
Debt/equity
—
Margin trends — annual
Gross margin Operating margin Profit margin
| Year | Revenue | Net income | Gross margin | Op. margin | Profit margin |
|---|---|---|---|---|---|
| 2006 | $351.10M | $-133.45M | 55.40% | 5.56% | -38.01% |
| 2007 | $408.20M | $-77.88M | 59.98% | 7.36% | -19.08% |
| 2008 | $474.95M | $-46.76M | 64.59% | 9.60% | -9.85% |
| 2009 | $555.51M | $-140.87M | 67.50% | 9.89% | -25.36% |
| 2010 | $626.62M | $-194.67M | 68.17% | 11.85% | -31.07% |
| 2011 | $698.17M | $-126.46M | 70.94% | 15.85% | -18.11% |
| 2012 | $954.08M | $-183.33M | 66.47% | 16.09% | -19.22% |
| 2013 | $1.30B | $-55.91M | 67.24% | 17.60% | -4.28% |
| 2014 | $1.53B | $-24.30M | 71.43% | 22.04% | -1.59% |
| 2015 | $1.64B | $-175.66M | 72.15% | 19.07% | -10.72% |
| 2016 | $1.63B | $76.24M | 73.42% | 23.72% | 4.67% |
| 2017 | $1.73B | $103.65M | 73.45% | 26.54% | 6.00% |
| 2018 | $1.87B | $47.45M | 74.29% | 29.17% | 2.54% |
| 2019 | $2.01B | $146.99M | 74.77% | 28.96% | 7.30% |
| 2020 | $2.08B | $24.10M | 76.33% | 30.42% | 1.16% |
| 2021 | $2.31B | $237.62M | 75.18% | 33.89% | 10.29% |
| 2022 | $2.63B | $461.43M | 73.59% | 35.14% | 17.52% |
| 2023 | $2.71B | $501.81M | 76.61% | 34.06% | 18.51% |
| 2024 | $2.68B | $749.54M | 77.32% | 53.58% | 27.97% |
| 2025 | $2.82B | $1.05B | 41.61% | 48.67% | 37.43% |