SBA Communications Financial Ratios
NASDAQ: SBACReal EstateReal Estate Investment TrustsUSD
182.49+12.48 (+7.34%)
At close: Oct 9, 4:00 PM ET · Delayed 15 min
SBA Communications ratio analysis
SBA Communications earned a net margin of 37.4% in FY 2025, up from 28.0% a year earlier. Gross margin was 75.5% compared with a median of 75.5% over the prior 9 years. At the end of FY 2025, SBAC traded at 19.6 times earnings; across the 10 fiscal years shown, its year-end P/E ranged from 19.6 to 1343.5, with a median of 175.5.
Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
SBA Communications financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 19.64 | 29.08 | 55.03 | 66.42 | 181.79 | 1,343.48 | 188.30 | 397.41 | 189.95 | 169.28 |
| Price / sales | 7.33 | 8.11 | 10.12 | 11.49 | 18.42 | 15.11 | 13.50 | 10.04 | 11.33 | 7.87 |
| Gross margin | 75.5% | 78.3% | 77.4% | 74.6% | 76.4% | 77.1% | 75.5% | 74.9% | 74.2% | 74.2% |
| Operating margin | 47.7% | 53.6% | 34.1% | 35.1% | 33.9% | 30.4% | 29.0% | 29.2% | 26.5% | 23.7% |
| Net margin | 37.4% | 28.0% | 18.5% | 17.5% | 10.3% | 1.2% | 7.3% | 2.5% | 6.0% | 4.7% |
| Free cash flow margin | 37.9% | 41.3% | 48.2% | 40.7% | 45.7% | 47.9% | 40.5% | 37.6% | 38.9% | 36.9% |
| Return on assets (ROA) | 9.1% | 6.6% | 4.9% | 4.4% | 2.4% | 0.3% | 1.5% | 0.7% | 1.4% | 1.0% |
| Current ratio | 0.29 | 1.10 | 0.36 | 0.69 | 1.00 | 0.77 | 0.32 | 0.31 | 0.93 | 0.37 |
| Revenue growth | 5.1% | -1.2% | 3.0% | 14.1% | 10.8% | 3.4% | 8.0% | 8.0% | 5.8% | -0.3% |
| EPS growth | 41.2% | 50.5% | 9.2% | 97.2% | 919.0% | -83.6% | 212.2% | -52.3% | 41.0% | — |