SBA COMMUNICATIONS CORP (SBAC)

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CIK 0001034054 · Nasdaq · Real Estate Investment Trusts

  • Sector Finance & Real Estate
  • Incorporated FL
  • Fiscal year ends Dec 31

In fiscal 2025, SBA COMMUNICATIONS CORP reported revenue of $2.82B, up 5.1% from the prior year. The company was profitable, with a net margin of 37.4% and a gross margin of 75.5%.

Key ratios (FY2025)

75.5%
Gross margin
47.7%
Operating margin
37.4%
Net margin
+5.1%
Revenue growth (YoY)
Metric (FY)2025202420232022202120202019201820172016
Revenue$2.82B$2.68B$2.71B$2.63B$2.31B$2.08B$2.01B$1.87B$1.73B$1.63B
Cost of Revenue$690.97M$581.73M$612.62M$668.65M$545.48M$476.53M$493.03M$468.80M$446.31M$420.90M
Gross Profit$2.12B$2.10B$2.10B$1.96B$1.76B$1.61B$1.52B$1.40B$1.28B$1.21B
Operating Income$1.34B$1.44B$923.66M$925.41M$782.50M$633.69M$583.49M$544.17M$458.50M$387.31M
Net Income$1.05B$749.54M$501.81M$461.43M$237.62M$24.10M$146.99M$47.45M$103.65M$76.24M
EPS (Diluted)$9.80$6.94$4.61$4.22$2.14$0.21$1.28$0.41$0.86$0.61
Total Assets$11.58B$11.42B$10.18B$10.59B$9.80B$9.16B$9.76B$7.21B$7.32B$7.36B
Shareholders' Equity-$4.85B-$5.11B-$5.17B-$5.28B-$5.28B-$4.82B-$3.67B-$3.38B-$2.60B-$2.00B
Cash & Equivalents$264.57M$189.84M$208.55M$143.71M$367.28M$308.56M$108.31M$143.44M$68.78M$146.11M
Operating Cash Flow$1.29B$1.33B$1.54B$1.29B$1.19B$1.13B$970.04M$850.62M$818.47M$742.52M
Capital Expenditures$224.82M$228.15M$236.70M$214.44M$133.69M$128.57M$154.24M$149.81M$147.04M$139.98M
Shares Outstanding105.67M107.56M108.05M108.00M108.96M109.82M111.78M112.43M116.45M