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

Garrett Motion Inc. is the larger business by last-quarter revenue ($985.0M vs $703.4M, roughly 1.4× SBA Communications). SBA Communications runs the higher net margin — 26.3% vs 9.6%, a 16.6% gap on every dollar of revenue. On growth, Garrett Motion Inc. posted the faster year-over-year revenue change (12.2% vs -1.6%). Over the past eight quarters, Garrett Motion Inc.'s revenue compounded faster (5.2% CAGR vs 3.2%).

Garrett Motion Inc., formerly Honeywell Transportation Systems and Honeywell Turbo Technologies, is an American company primarily involved in engineering, development and manufacturing of turbochargers and related forced induction systems for ground vehicles from small passenger cars to large trucks and industrial equipment and construction machinery. It originated as part of Garrett AiResearch's Industrial Division in Phoenix, Arizona, in 1954, after which they entered a contract to provide ...

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.

GTX vs SBAC — Head-to-Head

Bigger by revenue
GTX
GTX
1.4× larger
GTX
$985.0M
$703.4M
SBAC
Growing faster (revenue YoY)
GTX
GTX
+13.7% gap
GTX
12.2%
-1.6%
SBAC
Higher net margin
SBAC
SBAC
16.6% more per $
SBAC
26.3%
9.6%
GTX
Faster 2-yr revenue CAGR
GTX
GTX
Annualised
GTX
5.2%
3.2%
SBAC

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
GTX
GTX
SBAC
SBAC
Revenue
$985.0M
$703.4M
Net Profit
$95.0M
$184.9M
Gross Margin
19.9%
Operating Margin
48.7%
Net Margin
9.6%
26.3%
Revenue YoY
12.2%
-1.6%
Net Profit YoY
53.2%
-15.1%
EPS (diluted)
$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
GTX
GTX
SBAC
SBAC
Q1 26
$985.0M
$703.4M
Q4 25
$891.0M
$719.6M
Q3 25
$902.0M
$732.3M
Q2 25
$913.0M
$699.0M
Q1 25
$878.0M
$664.2M
Q4 24
$844.0M
$693.7M
Q3 24
$826.0M
$667.6M
Q2 24
$890.0M
$660.5M
Net Profit
GTX
GTX
SBAC
SBAC
Q1 26
$95.0M
$184.9M
Q4 25
$84.0M
$370.4M
Q3 25
$77.0M
$236.8M
Q2 25
$87.0M
$225.8M
Q1 25
$62.0M
$220.7M
Q4 24
$100.0M
$178.8M
Q3 24
$52.0M
$258.5M
Q2 24
$64.0M
$162.8M
Gross Margin
GTX
GTX
SBAC
SBAC
Q1 26
19.9%
Q4 25
20.8%
75.6%
Q3 25
20.6%
74.1%
Q2 25
19.8%
75.4%
Q1 25
20.4%
76.9%
Q4 24
21.6%
78.1%
Q3 24
20.1%
77.5%
Q2 24
20.8%
78.6%
Operating Margin
GTX
GTX
SBAC
SBAC
Q1 26
48.7%
Q4 25
11.6%
41.5%
Q3 25
11.3%
51.1%
Q2 25
11.2%
47.9%
Q1 25
9.7%
50.4%
Q4 24
11.7%
55.1%
Q3 24
9.2%
56.3%
Q2 24
9.8%
53.7%
Net Margin
GTX
GTX
SBAC
SBAC
Q1 26
9.6%
26.3%
Q4 25
9.4%
51.5%
Q3 25
8.5%
32.3%
Q2 25
9.5%
32.3%
Q1 25
7.1%
33.2%
Q4 24
11.8%
25.8%
Q3 24
6.3%
38.7%
Q2 24
7.2%
24.7%
EPS (diluted)
GTX
GTX
SBAC
SBAC
Q1 26
$1.74
Q4 25
$0.42
$3.47
Q3 25
$0.38
$2.20
Q2 25
$0.42
$2.09
Q1 25
$0.30
$2.04
Q4 24
$0.46
$1.61
Q3 24
$0.24
$2.40
Q2 24
$0.28
$1.51

Balance Sheet & Financial Strength

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

Metric
GTX
GTX
SBAC
SBAC
Cash + ST InvestmentsLiquidity on hand
$142.0M
$269.1M
Total DebtLower is stronger
$1.4B
$2.7B
Stockholders' EquityBook value
Total Assets
$2.4B
$11.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GTX
GTX
SBAC
SBAC
Q1 26
$142.0M
$269.1M
Q4 25
$177.0M
$271.2M
Q3 25
$230.0M
$431.1M
Q2 25
$232.0M
$276.8M
Q1 25
$130.0M
$702.2M
Q4 24
$125.0M
$444.4M
Q3 24
$96.0M
$202.6M
Q2 24
$98.0M
$250.9M
Total Debt
GTX
GTX
SBAC
SBAC
Q1 26
$1.4B
$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
GTX
GTX
SBAC
SBAC
Q1 26
Q4 25
$-802.0M
$-4.9B
Q3 25
$-813.0M
$-4.9B
Q2 25
$-812.0M
$-4.9B
Q1 25
$-700.0M
$-5.0B
Q4 24
$-673.0M
$-5.1B
Q3 24
$-778.0M
$-5.2B
Q2 24
$-725.0M
$-5.3B
Total Assets
GTX
GTX
SBAC
SBAC
Q1 26
$2.4B
$11.7B
Q4 25
$2.4B
$11.6B
Q3 25
$2.4B
$11.3B
Q2 25
$2.4B
$10.8B
Q1 25
$2.3B
$10.4B
Q4 24
$2.3B
$11.4B
Q3 24
$2.2B
$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
GTX
GTX
SBAC
SBAC
Operating Cash FlowLast quarter
$98.0M
$255.1M
Free Cash FlowOCF − Capex
$49.0M
FCF MarginFCF / Revenue
5.0%
Capex IntensityCapex / Revenue
9.5%
Cash ConversionOCF / Net Profit
1.03×
1.38×
TTM Free Cash FlowTrailing 4 quarters
$360.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GTX
GTX
SBAC
SBAC
Q1 26
$98.0M
$255.1M
Q4 25
$99.0M
$1.3B
Q3 25
$100.0M
$318.0M
Q2 25
$158.0M
$368.1M
Q1 25
$56.0M
$301.2M
Q4 24
$131.0M
$1.3B
Q3 24
$67.0M
$304.7M
Q2 24
$126.0M
$425.6M
Free Cash Flow
GTX
GTX
SBAC
SBAC
Q1 26
$49.0M
Q4 25
$78.0M
$833.3M
Q3 25
$90.0M
$258.0M
Q2 25
$143.0M
$312.2M
Q1 25
$30.0M
$255.0M
Q4 24
$109.0M
$1.2B
Q3 24
$47.0M
$239.9M
Q2 24
$109.0M
$375.6M
FCF Margin
GTX
GTX
SBAC
SBAC
Q1 26
5.0%
Q4 25
8.8%
115.8%
Q3 25
10.0%
35.2%
Q2 25
15.7%
44.7%
Q1 25
3.4%
38.4%
Q4 24
12.9%
179.9%
Q3 24
5.7%
35.9%
Q2 24
12.2%
56.9%
Capex Intensity
GTX
GTX
SBAC
SBAC
Q1 26
9.5%
Q4 25
2.4%
63.7%
Q3 25
1.1%
8.2%
Q2 25
1.6%
8.0%
Q1 25
3.0%
7.0%
Q4 24
2.6%
12.6%
Q3 24
2.4%
9.7%
Q2 24
1.9%
7.6%
Cash Conversion
GTX
GTX
SBAC
SBAC
Q1 26
1.03×
1.38×
Q4 25
1.18×
3.49×
Q3 25
1.30×
1.34×
Q2 25
1.82×
1.63×
Q1 25
0.90×
1.36×
Q4 24
1.31×
7.47×
Q3 24
1.29×
1.18×
Q2 24
1.97×
2.61×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GTX
GTX

Segment breakdown not available.

SBAC
SBAC

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

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