Company / Income Tax
SBA Communications Income Tax History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax
$187.6M
FY2025
5-year range
-$41.8M / $187.6M
FY2021-FY2025
Trend
+682.0%
vs FY2024
Sector context
#5 of 107
Real Estate
What the data says
Income Tax changed +682% YoY in FY2025, a notable deviation from the 9-year average annual change of +186%.
Based on SEC 10-K filings.
$188M in FY2025 with a 5-year CAGR of +113.5%. Top quartile in the Real Estate sector.
Increased from $51M to $188M over the past 2 years.
Real Estate sector context is included.
Income Tax over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- +113.5%
- 10-Year CAGR
- -
Sector benchmark
Bottom 5% in Real EstateTop 95% of 107This company $187.6M Sector average $19.8M
▼
+849.0% above sector average
Key checks
Key Insights
- 5-year CAGR of +113.5%, indicating consistent growth.
- In FY2025, income tax increased 682.0% year-over-year.
- Ranks #5 out of 107 companies in the Real Estate sector.
- Lowest income tax in the period was in FY2022.
Company context
Key Data Points
- Altman Z-Score -0.63 (distress zone, below 1.8 threshold)
- Strong profit margin: 28.0%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Income TaxValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $187.6M | +682.0% |
| FY2024 | $24.0M | -53.0% |
| FY2023 | $51.1M | +222.2% |
| FY2022 | -$41.8M | -205.5% |
| FY2021 | $39.6M | +835.6% |
| FY2020 | $4.2M | -89.3% |
| FY2019 | $39.6M | +257.9% |
| FY2018 | $11.1M | +22.1% |
| FY2017 | $9.1M | +4.9% |
| FY2016 | $8.6M | -4.7% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026