Company / Profit Margin
SBA Communications Profit Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Profit Margin
33.2%
FY2025
5-year range
1.2% / 33.2%
FY2021-FY2025
Trend
+18.8%
vs FY2024
Sector context
#32 of 130
Real Estate
What the data says
SBA Communications's profit margin of 33.2% is higher than 75% of companies in the Real Estate sector (FY2025). Profit Margin has increased for 3 consecutive years, from 1.2% in FY2022 to 33.2% in FY2025.
Based on SEC 10-K filings.
33.2% in FY2025 with a 5-year CAGR of +30.7%. Top quartile in the Real Estate sector.
Improved from 18.5% to 33.2% over the past 2 years.
Real Estate sector context is included.
Profit Margin over time
Growth rates
- 3-Year Change
- +32.1pp
- 5-Year Change
- +30.7pp
- 10-Year Change
- -
Sector benchmark
Top 25% in Real EstateTop 25% of 130This company 33.2% Sector average 43.3%
▼
-23.2% below sector average
Key checks
Key Insights
- SBA Communications's profit margin has grown for 3 consecutive years.
- In FY2025, profit margin increased 18.8% year-over-year.
- Currently 10.0pp below the Real Estate sector average.
- Lowest profit margin in the period was in FY2017.
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 | Profit MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 33.2% | +18.8% |
| FY2024 | 28.0% | +51.1% |
| FY2023 | 18.5% | +1495.7% |
| FY2022 | 1.2% | -84.1% |
| FY2021 | 7.3% | +187.4% |
| FY2020 | 2.5% | -65.2% |
| FY2019 | 7.3% | +56.3% |
| FY2018 | 4.7% | +143.6% |
| FY2017 | -10.7% | -574.2% |
| FY2016 | -1.6% | +85.2% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026