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SBA Communications stock: key metrics
SBACSBA Communications had an operating margin of 48.7% and a return on invested capital (ROIC) of 11.4% in fiscal 2025.
Margins show how much of revenue is left over, returns on capital how hard the invested money works.
Daily figure as of 13 Nov 2026
Margins
- Gross margin
- Operating margin
- Net margin
Figures as a table
| Year | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| 2006 | 55.4% | 5.6% | −38.0% |
| 2007 | 60.0% | 7.4% | −19.1% |
| 2008 | 64.6% | 9.6% | −9.8% |
| 2009 | 67.5% | 9.9% | −25.4% |
| 2010 | 68.2% | 11.9% | −31.1% |
| 2011 | 70.9% | 15.8% | −18.1% |
| 2012 | 66.5% | 16.1% | −19.2% |
| 2013 | 67.2% | 17.6% | −4.3% |
| 2014 | 71.4% | 22.0% | −1.6% |
| 2015 | 72.2% | 19.1% | −10.7% |
| 2016 | 73.4% | 23.7% | 4.7% |
| 2017 | 73.5% | 26.5% | 6.0% |
| 2018 | 74.3% | 29.2% | 2.5% |
| 2019 | 74.8% | 29.0% | 7.3% |
| 2020 | 76.3% | 30.4% | 1.2% |
| 2021 | 75.2% | 33.9% | 10.3% |
| 2022 | 73.6% | 35.1% | 17.5% |
| 2023 | 76.6% | 34.1% | 18.5% |
| 2024 | 77.3% | 53.6% | 28.0% |
| 2025 | 41.6% | 48.7% | 37.4% |
Returns on capital
- ROE
- ROIC
- ROA
Figures as a table
| Year | ROE | ROIC | ROA |
|---|---|---|---|
| 2006 | −34.6% | 0.8% | −6.5% |
| 2007 | −23.1% | 1.2% | −3.3% |
| 2008 | −9.5% | 1.5% | −1.5% |
| 2009 | −23.5% | 1.5% | −4.3% |
| 2010 | −61.4% | 2.0% | −5.7% |
| 2011 | 200.0% | 2.7% | −3.5% |
| 2012 | −28.1% | 2.7% | −2.8% |
| 2013 | −15.7% | 3.1% | −0.8% |
| 2014 | 3.7% | 4.0% | −0.3% |
| 2015 | 10.3% | 3.6% | −2.4% |
| 2016 | −3.8% | 3.1% | 1.0% |
| 2017 | −4.0% | 2.6% | 1.4% |
| 2018 | −1.4% | 3.1% | 0.7% |
| 2019 | −4.0% | 3.6% | 1.5% |
| 2020 | −0.5% | 5.8% | 0.3% |
| 2021 | −4.5% | 8.6% | 2.4% |
| 2022 | −8.7% | 8.7% | 4.4% |
| 2023 | −9.7% | 8.9% | 4.9% |
| 2024 | −14.7% | 14.4% | 6.6% |
| 2025 | −21.7% | 11.4% | 9.1% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral since 7 Nov 2026, previously Strong
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.