SBACNEUTRAL

Gross Margin

75.6%

Higher than 75% of Real Estate sector peers

Updated 124h ago

Sector Performance

75th percentile

SBAC

75.6%

Sector Median

72.5%

Sector Avg

70.2%

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Deep Analysis

Gross margin measures the percentage of revenue a company retains after paying the direct costs of delivering its services.

SBAC's current gross margin of 75.6% sits above the Real Estate sector median of 72.3%, placing the company in the 77th percentile among its peers. The year-over-year change is not available, while the quarter-over-quarter change is +141.5%, though this is based on only two reported values (75.6% and 31.3%) with no trend direction for the prior eight quarters. The combination of a high margin level and a sharp quarterly spike from 31.3% suggests the improvement may stem from a one-time adjustment or accounting change, creating uncertainty about sustainability. This volatility introduces a risk element that tempers the otherwise attractive margin position. On balance, the metric neither strongly supports nor contradicts the overall NEUTRAL verdict, as the elevated margin is positive but the erratic trend warrants caution.

Frequently Asked Questions

What does the Gross Margin tell investors about SBAC?

Gross margin reveals pricing power and cost structure. Software companies often sustain 70–80%; manufacturers typically 30–50%. Expansion is a bullish signal.

How is the Gross Margin calculated?

Gross Margin is calculated as: Gross Profit / Revenue.

How does SBAC's Gross Margin compare to its sector?

SBAC's Gross Margin of 75.6% compares to a Real Estate sector median of 72.5%, placing it in the 75th percentile.

Who are SBAC's closest peers by Gross Margin?

The closest Real Estate peers by Gross Margin include: FR (72.5%), PSA (72.1%), AMT (73.9%), TRNO (74.4%), REG (69.8%).

The Formula

Gross Profit / Revenue

Why It Matters

Gross margin reveals pricing power and cost structure. Software companies often sustain 70–80%; manufacturers typically 30–50%. Expansion is a bullish signal.