SBA Communications Corporation (SBAC) Operating Margin: 47.63%
Is SBA Communications Corporation’s operating margin high or low?
SBA Communications Corporation's operating margin of 47.63% is 21% above its 5-year average of 39.29%, near the high end of its 5-year range (30.42%–53.58%).
As of Tuesday, June 16, 2026. 6.84% below its 12-month average of 51.13%.
SBAC Operating Margin Chart
SBAC Average Operating Margin Chart
SBAC Current vs Average Operating Margin Chart
SBAC Operating Margin Metrics
OPERATING MARGIN
47.63%
OPERATING MARGIN AVG TTM
51.13%
OPERATING MARGIN AVG 3Y
42.86%
OPERATING MARGIN AVG 5Y
39.29%
OPERATING MARGIN AVG 10Y
33.02%
OPERATING MARGIN AVG 15Y
27.92%
OPERATING MARGIN AVG 20Y
22.89%
CURRENT VS TTM AVG
-6.84%
CURRENT VS 3Y AVG
+11.12%
CURRENT VS 5Y AVG
+21.22%
CURRENT VS 10Y AVG
+44.25%
CURRENT VS 15Y AVG
+70.62%
CURRENT VS 20Y AVG
+108.09%
SBAC Competitors' Operating Margin
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| SBA Communications Corporation (SBAC) | $20.77B | 47.63% | 51.13% | 42.86% | 39.29% |
| Essex Property Trust, Inc. (ESS)vs › | $18.18B | 38.38% | 41.75% | 38.88% | 37.53% |
| Kimco Realty Corporation (KIM)vs › | $17.10B | 36.08% | 33.02% | 33.65% | 32.85% |
| AvalonBay Communities, Inc. (AVB)vs › | $26.17B | 29.15% | 30.75% | 30.95% | 30.23% |
| Regency Centers Corporation (REG)vs › | $14.49B | 47.19% | 50.73% | 58.00% | 60.23% |
| UDR, Inc. (UDR)vs › | $12.64B | 27.36% | 17.92% | 22.85% | 22.04% |
| VICI Properties Inc. (VICI)vs › | $30.14B | 98.67% | 91.57% | 84.63% | 84.79% |
| Federal Realty Investment Trust (FRT)vs › | $10.77B | 41.58% | 37.61% | 40.03% | 39.38% |
| Agree Realty Corporation (ADC)vs › | $8.96B | 48.03% | 48.18% | 48.61% | 50.68% |
| NNN REIT, Inc. (NNN)vs › | $8.74B | 63.13% | 64.00% | 64.37% | 62.66% |
Operating Efficiency
Gross Margin
63.6%
Operating Margin
47.6%
SBA Communications Corporation Operating Margin Formula & Definition
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
SBA Communications Corporation Operating Margin FAQ
- What is the operating margin for SBA Communications Corporation (SBAC)?
- The operating margin for SBAC stock is 47.63%.
- Is SBA Communications Corporation's operating margin high or low?
- SBA Communications Corporation's operating margin of 47.63% is 21% above its 5-year average of 39.29%, near the high end of its 5-year range (30.42%–53.58%).
- What is the TTM average operating margin for SBA Communications Corporation (SBAC)?
- The TTM average operating margin for SBAC stock is 51.13%.
- What is the 3Y average operating margin for SBA Communications Corporation (SBAC)?
- The 3Y average operating margin for SBAC stock is 42.86%.
- What is the 5Y average operating margin for SBA Communications Corporation (SBAC)?
- The 5Y average operating margin for SBAC stock is 39.29%.
- What is the 10Y average operating margin for SBA Communications Corporation (SBAC)?
- The 10Y average operating margin for SBAC stock is 33.02%.
- What is the 15Y average operating margin for SBA Communications Corporation (SBAC)?
- The 15Y average operating margin for SBAC stock is 27.92%.
- What is the 20Y average operating margin for SBA Communications Corporation (SBAC)?
- The 20Y average operating margin for SBAC stock is 22.89%.
SBA Communications Corporation Operating Margin History
| DATE | OPERATING MARGIN |
|---|---|
| 2025-12-31 | 48.67% |
| 2024-12-31 | 53.58% |
| 2023-12-31 | 34.06% |
| 2022-12-31 | 35.14% |
| 2021-12-31 | 33.89% |
| 2020-12-31 | 30.42% |
| 2019-12-31 | 28.96% |
| 2018-12-31 | 29.17% |
| 2017-12-31 | 26.54% |
| 2016-12-31 | 23.72% |
| 2015-12-31 | 19.07% |
| 2014-12-31 | 22.04% |
| 2013-12-31 | 17.60% |
| 2012-12-31 | 16.09% |
| 2011-12-31 | 15.85% |
| 2010-12-31 | 11.85% |
| 2009-12-31 | 9.89% |
| 2008-12-31 | 9.60% |
| 2007-12-31 | 7.36% |
| 2006-12-31 | 5.56% |
| 2005-12-31 | 1.61% |
| 2004-12-31 | -10.32% |
| 2003-12-31 | -20.21% |
| 2002-12-31 | -38.89% |
| 2001-12-31 | -19.75% |
| 2000-12-31 | -17.35% |
| 1999-12-31 | -33.68% |
| 1998-12-31 | -39.42% |
About SBA Communications Corporation
SBA Communications Corporation stands as a premier owner, operator, and provider of crucial wireless communication infrastructure across North, Central, and South America, in addition to South Africa. Guided by its mission to 'Build Better Wireless,' the company primarily earns revenue from two core business areas: the leasing of antenna space and providing comprehensive site development services. Its central activity revolves around renting out capacity on its shared communication towers to various wireless service providers through long-term contractual agreements. For further details, please visit www.sbasite.com.
- Sector
- Real Estate
- Industry
- REIT - Specialty
- CEO
- Brendan Thomas Cavanagh