SBAC
SBA Communications Corporation
$205.57
-2.50
(-1.20%)
Mkt Cap
21.80B
Volume
612,733
52W Range
162.41-243.16
Sector
Real Estate
Beta
1.02
EPS (TTM)
9.54
P/E Ratio
21.55
Revenue (TTM)
2.85B
Rev Growth (5Y)
+6.2%
EPS Growth (5Y)
+113.8%
AlphaVal · Fair Value
$424.35
Undervalued · Strong
51.6% below fair value
AlphaQuality · Grade
C-
Real Estate Investment Trust
49.7 / 100 composite
Company Description
SBA Communications Corporation is a first choice provider and leading owner and operator of wireless communications infrastructure in North, Central, and South America and South Africa. By Building Better Wireless, SBA generates revenue from two primary businesses site leasing and site development services. The primary focus of the Company is the leasing of antenna space on its multi-tenant communication sites to a variety of wireless service providers under long-term lease contracts. For more information please visit: www.sbasite.com.
Track Record
Showing latest 4 periods • Swipe for more
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.82B | 2.68B | 2.71B | 2.63B | 2.31B | 2.08B | 2.01B | 1.87B | 1.73B | 1.63B | 1.64B | 1.53B |
| Net Income | 1.05B | 749.54M | 501.81M | 461.43M | 237.62M | 24.10M | 146.99M | 47.45M | 103.65M | 76.24M | (175.66M) | (24.30M) |
| EPS | 9.83 | 6.96 | 4.64 | 4.27 | 2.17 | 0.22 | 1.30 | 0.41 | 0.86 | 0.61 | -1.37 | -0.19 |
| Free Cash Flow | 1.07B | 1.11B | 1.31B | 1.07B | 1.06B | 997.47M | 830.66M | 702.33M | 671.43M | 589.04M | N/A | N/A |
| FCF / Share | 9.95 | 10.25 | 12.01 | 9.80 | 9.51 | 8.69 | 7.23 | 6.07 | 5.57 | 4.71 | N/A | N/A |
| Operating CF | 1.29B | 1.33B | 1.54B | 1.29B | 1.19B | 1.13B | 984.89M | 852.14M | 819.61M | 729.03M | N/A | N/A |
| Total Assets | 11.58B | 11.42B | 10.18B | 10.59B | 9.80B | 9.16B | 9.76B | 7.21B | 7.32B | 7.36B | N/A | N/A |
| Total Debt | 15.32B | 15.76B | 14.46B | 15.17B | 14.52B | 13.43B | 12.86B | 9.94B | 9.31B | 8.78B | N/A | N/A |
| Cash & Equiv | 432.37M | 189.84M | 208.55M | 143.71M | 367.28M | 308.56M | 108.31M | 143.44M | 68.78M | 146.11M | N/A | N/A |
| Book Value | (4.85B) | (5.11B) | (5.17B) | (5.28B) | (5.28B) | (4.82B) | (3.67B) | (3.38B) | (2.60B) | (2.00B) | N/A | N/A |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Metric | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 703.44M | 719.58M | 732.33M | 698.98M | 664.25M | 693.70M | 667.60M | 660.48M | 657.86M | 675.02M | 682.54M | 678.50M |
| Net Income | 184.83M | 370.29M | 236.82M | 225.79M | 220.73M | 173.63M | 258.53M | 162.83M | 154.54M | 109.53M | 87.42M | 203.65M |
| EPS | 1.75 | 3.48 | 2.21 | 2.10 | 2.05 | 1.61 | 2.41 | 1.52 | 1.43 | 1.01 | 0.81 | 1.88 |
| Free Cash Flow | 206.69M | 241.30M | 257.98M | 312.23M | 255.00M | 254.62M | 239.90M | 375.62M | 236.58M | 332.78M | 252.29M | 423.49M |
| FCF / Share | 1.95 | 2.27 | 2.40 | 2.89 | 2.36 | 2.36 | 2.23 | 3.48 | 2.17 | 3.07 | 2.31 | 3.89 |
| Operating CF | 255.09M | 304.02M | 318.03M | 368.10M | 301.18M | 310.17M | 304.65M | 425.59M | 294.45M | 432.61M | 313.68M | 486.93M |
| Total Assets | 11.72B | 11.58B | 11.26B | 10.77B | 10.44B | 11.42B | 10.20B | 9.79B | 10.00B | 10.18B | 10.33B | 10.60B |
| Total Debt | 15.42B | 15.32B | 15.02B | 14.81B | 14.64B | 15.76B | 14.52B | 14.30B | 14.43B | 14.46B | 14.77B | 14.89B |
| Cash & Equiv | 327.84M | 432.37M | 430.31M | 275.27M | 636.45M | 189.84M | 186.34M | 220.51M | 240.31M | 208.55M | 190.54M | 179.17M |
| Book Value | (4.75B) | (4.85B) | (4.93B) | (4.94B) | (4.97B) | (5.11B) | (5.17B) | (5.32B) | (5.22B) | (5.17B) | (5.17B) | (5.09B) |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
SBAC News
SBA Communications Corporation (SBAC) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript
The REIT Repricing Cycle Is Nearing A Turning Point
Five Dividend Growers Trading at Double-Digit Discounts Despite Strong Fundamentals
SBA Communications Corporation to Speak at the JP Morgan 2026 Global Technology, Media and Communications Conference
REITs Excel, Earnings Swell, Fed Rebels
SBAC Q1 FFO & Revenues Beat Estimates on Higher Leasing Revenue
SBA Communications Corp (SBAC) Q1 2026 Earnings Call Highlights: Strong Performance Boosts Full-Year Outlook
SBA Communications Corporation (SBAC) Q1 2026 Earnings Call Transcript
SBA Communications (SBAC) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
SBA Communications (SBAC) Q1 FFO and Revenues Surpass Estimates