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Side-by-side financial comparison of CBIZ, Inc. (CBZ) and SBA Communications (SBAC). Click either name above to swap in a different company.

CBIZ, Inc. is the larger business by last-quarter revenue ($848.6M vs $703.4M, roughly 1.2× SBA Communications). SBA Communications runs the higher net margin — 26.3% vs 19.0%, a 7.2% gap on every dollar of revenue. On growth, CBIZ, Inc. posted the faster year-over-year revenue change (1.3% vs -1.6%). Over the past eight quarters, CBIZ, Inc.'s revenue compounded faster (42.1% CAGR vs 3.2%).

CBIZ, Inc. is a national provider of financial, insurance and advisory services headquartered in Independence, Ohio. CBIZ is one of the largest accounting, insurance brokerage, financial and advisory services providers in the United States with more than 120 offices and nearly 7,000 employees. Its common stock has been traded on the New York Stock Exchange since 1996, under the symbol "CBZ" since 1997.

SBA Communications Corporation is a real estate investment trust which owns and operates wireless infrastructure in the United States, Canada, Central America, South America, and South Africa. It was founded in 1989 as Steven Bernstein and Associates by Steven Bernstein.

CBZ vs SBAC — Head-to-Head

Bigger by revenue
CBZ
CBZ
1.2× larger
CBZ
$848.6M
$703.4M
SBAC
Growing faster (revenue YoY)
CBZ
CBZ
+2.8% gap
CBZ
1.3%
-1.6%
SBAC
Higher net margin
SBAC
SBAC
7.2% more per $
SBAC
26.3%
19.0%
CBZ
Faster 2-yr revenue CAGR
CBZ
CBZ
Annualised
CBZ
42.1%
3.2%
SBAC

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
CBZ
CBZ
SBAC
SBAC
Revenue
$848.6M
$703.4M
Net Profit
$161.6M
$184.9M
Gross Margin
Operating Margin
23.2%
48.7%
Net Margin
19.0%
26.3%
Revenue YoY
1.3%
-1.6%
Net Profit YoY
-15.1%
EPS (diluted)
$2.63
$1.74

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CBZ
CBZ
SBAC
SBAC
Q1 26
$848.6M
$703.4M
Q4 25
$542.7M
$719.6M
Q3 25
$693.8M
$732.3M
Q2 25
$683.5M
$699.0M
Q1 25
$838.0M
$664.2M
Q4 24
$460.3M
$693.7M
Q3 24
$438.9M
$667.6M
Q2 24
$420.0M
$660.5M
Net Profit
CBZ
CBZ
SBAC
SBAC
Q1 26
$161.6M
$184.9M
Q4 25
$-79.4M
$370.4M
Q3 25
$30.1M
$236.8M
Q2 25
$41.9M
$225.8M
Q1 25
$122.8M
$220.7M
Q4 24
$-90.7M
$178.8M
Q3 24
$35.1M
$258.5M
Q2 24
$19.8M
$162.8M
Gross Margin
CBZ
CBZ
SBAC
SBAC
Q1 26
Q4 25
-9.4%
75.6%
Q3 25
13.0%
74.1%
Q2 25
12.9%
75.4%
Q1 25
27.2%
76.9%
Q4 24
-13.4%
78.1%
Q3 24
16.6%
77.5%
Q2 24
12.8%
78.6%
Operating Margin
CBZ
CBZ
SBAC
SBAC
Q1 26
23.2%
48.7%
Q4 25
-15.7%
41.5%
Q3 25
8.5%
51.1%
Q2 25
8.8%
47.9%
Q1 25
23.9%
50.4%
Q4 24
-23.2%
55.1%
Q3 24
11.3%
56.3%
Q2 24
7.5%
53.7%
Net Margin
CBZ
CBZ
SBAC
SBAC
Q1 26
19.0%
26.3%
Q4 25
-14.6%
51.5%
Q3 25
4.3%
32.3%
Q2 25
6.1%
32.3%
Q1 25
14.7%
33.2%
Q4 24
-19.7%
25.8%
Q3 24
8.0%
38.7%
Q2 24
4.7%
24.7%
EPS (diluted)
CBZ
CBZ
SBAC
SBAC
Q1 26
$2.63
$1.74
Q4 25
$-1.22
$3.47
Q3 25
$0.48
$2.20
Q2 25
$0.66
$2.09
Q1 25
$1.91
$2.04
Q4 24
$-1.84
$1.61
Q3 24
$0.70
$2.40
Q2 24
$0.39
$1.51

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CBZ
CBZ
SBAC
SBAC
Cash + ST InvestmentsLiquidity on hand
$28.7M
$269.1M
Total DebtLower is stronger
$2.7B
Stockholders' EquityBook value
$1.9B
Total Assets
$4.6B
$11.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CBZ
CBZ
SBAC
SBAC
Q1 26
$28.7M
$269.1M
Q4 25
$18.3M
$271.2M
Q3 25
$17.0M
$431.1M
Q2 25
$39.8M
$276.8M
Q1 25
$8.8M
$702.2M
Q4 24
$13.8M
$444.4M
Q3 24
$1.1M
$202.6M
Q2 24
$1.1M
$250.9M
Total Debt
CBZ
CBZ
SBAC
SBAC
Q1 26
$2.7B
Q4 25
$12.9B
Q3 25
$12.7B
Q2 25
$12.5B
Q1 25
$12.4B
Q4 24
$13.6B
Q3 24
$12.3B
Q2 24
$12.3B
Stockholders' Equity
CBZ
CBZ
SBAC
SBAC
Q1 26
$1.9B
Q4 25
$1.8B
$-4.9B
Q3 25
$1.9B
$-4.9B
Q2 25
$1.9B
$-4.9B
Q1 25
$1.9B
$-5.0B
Q4 24
$1.8B
$-5.1B
Q3 24
$927.9M
$-5.2B
Q2 24
$891.4M
$-5.3B
Total Assets
CBZ
CBZ
SBAC
SBAC
Q1 26
$4.6B
$11.7B
Q4 25
$4.4B
$11.6B
Q3 25
$4.5B
$11.3B
Q2 25
$4.5B
$10.8B
Q1 25
$4.6B
$10.4B
Q4 24
$4.5B
$11.4B
Q3 24
$2.1B
$10.2B
Q2 24
$2.2B
$9.8B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CBZ
CBZ
SBAC
SBAC
Operating Cash FlowLast quarter
$-25.5M
$255.1M
Free Cash FlowOCF − Capex
$-28.5M
FCF MarginFCF / Revenue
-3.4%
Capex IntensityCapex / Revenue
9.5%
Cash ConversionOCF / Net Profit
-0.16×
1.38×
TTM Free Cash FlowTrailing 4 quarters
$240.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CBZ
CBZ
SBAC
SBAC
Q1 26
$-25.5M
$255.1M
Q4 25
$143.6M
$1.3B
Q3 25
$24.0M
$318.0M
Q2 25
$113.1M
$368.1M
Q1 25
$-88.3M
$301.2M
Q4 24
$55.5M
$1.3B
Q3 24
$43.7M
$304.7M
Q2 24
$88.2M
$425.6M
Free Cash Flow
CBZ
CBZ
SBAC
SBAC
Q1 26
$-28.5M
Q4 25
$141.7M
$833.3M
Q3 25
$22.1M
$258.0M
Q2 25
$105.2M
$312.2M
Q1 25
$-93.4M
$255.0M
Q4 24
$52.3M
$1.2B
Q3 24
$41.1M
$239.9M
Q2 24
$86.3M
$375.6M
FCF Margin
CBZ
CBZ
SBAC
SBAC
Q1 26
-3.4%
Q4 25
26.1%
115.8%
Q3 25
3.2%
35.2%
Q2 25
15.4%
44.7%
Q1 25
-11.2%
38.4%
Q4 24
11.4%
179.9%
Q3 24
9.4%
35.9%
Q2 24
20.5%
56.9%
Capex Intensity
CBZ
CBZ
SBAC
SBAC
Q1 26
9.5%
Q4 25
0.4%
63.7%
Q3 25
0.3%
8.2%
Q2 25
1.2%
8.0%
Q1 25
0.6%
7.0%
Q4 24
0.7%
12.6%
Q3 24
0.6%
9.7%
Q2 24
0.4%
7.6%
Cash Conversion
CBZ
CBZ
SBAC
SBAC
Q1 26
-0.16×
1.38×
Q4 25
3.49×
Q3 25
0.79×
1.34×
Q2 25
2.70×
1.63×
Q1 25
-0.72×
1.36×
Q4 24
7.47×
Q3 24
1.25×
1.18×
Q2 24
4.45×
2.61×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CBZ
CBZ

Financial Services (1)$740.3M87%
Benefits and Insurance Services$108.2M13%

SBAC
SBAC

Site leasing$656.1M93%
Site development$47.3M7%

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