SBA Communications Corp

NAS:SBACReal EstateCBOE:SPESGNASDAQ:NQUSMG

$183.09−2.12%At closeAt close · Tue 20 Oct · ≈ AED 672.40 · Market cap $19.42B · Next earnings Mon 2 Nov · Extended $184.25 +0.63%

Ratio	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	Current · undated	YoY
Gross margin	76.3%	75.2%	73.6%	76.6%	77.3%	41.6%	—	—
Operating margin	30.4%	33.9%	35.1%	34.1%	53.6%	48.7%	48.7%	+0.0 pts
Net margin	1.2%	10.3%	17.5%	18.5%	28.0%	37.4%	37.4%	+0.0 pts
EBITDA margin	67.0%	65.6%	63.6%	66.1%	67.0%	77.7%	—	—
Return on equity	−0.5%	−4.5%	−8.7%	−9.7%	−14.7%	−21.7%	−22.1%	−0.4 pts
Return on assets	0.3%	2.4%	4.4%	4.9%	6.6%	9.1%	9.1%	+0.0 pts
Return on capital employed	7.4%	8.5%	9.4%	10.5%	14.9%	14.7%	—	—
Debt / equity	−2.8×	−2.7×	−2.9×	−2.8×	−3.1×	−3.2×	−3.2×	−1.6%
Debt / assets	146.6%	148.2%	143.3%	142.1%	138.0%	132.3%	—	—
Interest coverage	0.0×	0.0×	0.0×	0.0×	0.0×	2.9×	—	—
Current ratio	0.8×	1.0×	0.7×	0.4×	1.1×	0.5×	0.5×	+0.0%
Quick ratio	0.8×	1.0×	0.7×	0.4×	1.1×	0.5×	—	—
Cash ratio	0.5×	0.6×	0.2×	0.2×	0.1×	0.2×	0.2×	+0.0%
Asset turnover	0.2×	0.2×	0.2×	0.3×	0.2×	0.2×	—	—
Receivables turnover	19.1×	15.3×	10.0×	13.4×	9.4×	4.2×	—	—
Dividend payout	861.6%	106.7%	66.5%	73.7%	56.6%	45.5%	—	—