SBA Communications Corporation

SBA Communications Corporation

195.48
USD
+10.79
(+5.84%)
9.30EPS
18.94P/E
18.72BMarket Cap
Mar 01Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
10.21
11.84
12.82
13.12
14.41
16.24
17.86
18.68
21.12
24.39
25.06
24.89
26.26
- -
Basic EPS, GAAP
-0.44
-0.19
-1.37
0.61
0.86
0.41
1.3
0.22
2.17
4.27
4.64
6.96
9.83
- -
Free Cash Flow per Basic Share
3.89
5.23
5.66
5.97
6.83
7.4
8.6
10.1
10.88
11.91
14.27
12.4
12.05
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
0.74
1.86
2.32
2.84
3.42
3.94
4.47
3.65
Book Value per Share
2.78
-5.12
-13.57
-16.49
-22.32
-30.03
-32.81
-43.93
-48.49
-48.86
-47.86
-47.51
-45.93
- -
Tangible Book Value per Share
-23.59
-37.56
-43.28
-46.72
-53.22
-59.66
-65.25
-72.67
-74.22
-74.56
-70.58
-69.72
-73.21
- -
Basic Weighted Avg Shares
128
129
128
124
120
115
113
112
109
108
108
108
107
106
Sales/Revenue/Turnover
1,305
1,527
1,638
1,633
1,728
1,866
2,015
2,083
2,309
2,633
2,712
2,680
2,815
- -
Operating Margin (%)
21.29
24.11
25.58
26.37
29.38
31.21
31.36
33.14
36.52
37.8
41.11
58.58
55.21
- -
Depreciation Expense
533
627
660
638
643
672
697
722
700
708
716
270
292
- -
Net Income, GAAP
-56
-24
-176
76
104
47
147
24
238
461
502
750
1,054
- -
Effective Tax Rate (%)
- -
- -
- -
12.67
11.32
8.19
21.19
- -
5.92
12.56
9.31
3.1
15.1
- -
Profit Margin (%)
-4.28
-1.59
-10.72
4.67
6
2.54
7.3
1.16
10.29
17.52
18.51
27.97
37.43
- -
Working Capital
-404
-4
21
-549
-19
-832
-714
-142
-2
-214
-879
181
-1,905
- -
LT Debt
5,395
7,828
8,432
8,148
9,291
8,997
12,092
13,166
14,260
14,885
13,547
14,307
13,084
- -
Total Equity
357
-661
-1,706
-1,996
-2,599
-3,377
-3,651
-4,809
-5,266
-5,245
-5,136
-5,056
-4,775
- -
Return on Invested Capital (%)
- -
- -
- -
5
6.02
7.53
5.84
- -
8.24
8.43
8.7
13.9
10.74
- -
Return on Capital (%)
- -
- -
- -
5.41
5.83
5.96
5.79
- -
6.87
8.47
9.37
11.63
13.72
- -
Return on Common Equity (%)
-11.07
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

USD

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
ST Debt
2,988
3,885
- -
LT Borrowings
10,276
9,151
- -
LT Finance Leases
2,151
2,173
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
106
106
104
Market Capitalization
18,255
18,720
16,721

Working Capital

USD

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
Total Current Assets
767
745
- -
Cash, Cash Equivalents & STI
381
356
- -
Accounts Receivable, Net
161
176
- -
Inventories
- -
- -
- -
Total Current Liabilities
3,346
4,337
- -
Payables & Accruals
188
225
- -
ST Debt
2,988
3,885
- -
Deferred Revenue
104
157
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.69%
-0.02%
-5.55%
Free Cash Flow
6.4%
3.4%
-3.26%
Net Income, GAAP
104.32%
215.74%
40.57%
Sales/Revenue/Turnover
5.66%
6.35%
5.06%
Total Cash Common Dividend
- -
18.25%
12.92%

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
658
660
668
694
2,680
2025
664
699
732
720
2,815
2026
703
715
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.43
1.52
2.41
1.61
6.96
2025
2.05
2.1
2.21
3.48
9.83
2026
1.75
1.87
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1
0.98
0.98
0.98
3.94
2025
1.13
1.11
1.11
1.11
4.47
2026
1.28
1.25
- -
- -
- -

Company Description

CEO
Brendan Thomas Cavanagh
Full Time Employees
1,844
Sector
Finance
Industry
Real estate investment trusts
Address
8051 Congress Avenue Boca Raton FL United States 33487-1307
IPO Date
Jun 16, 1999
Business
S Assistant: <|control12|>SBA Communications Corporation (Nasdaq: SBAC) owns and operates a substantial portfolio of wireless communications infrastructure, primarily consisting of towers, rooftops, and other structures that support antennas for wireless service providers. The company provides leasing space for multiple tenants on its sites, including carriers, broadcasters, and government entities; offers site development services such as structural analysis, zoning approvals, construction, and project management; and provides asset management services including maintenance, security, and engineering support for its owned and managed properties [ from previous searches, assuming prior knowledge but noting lack of specific latest changes in current results]. Headquartered in Boca Raton, Florida, SBA was founded in 1989 and operates across the United States, Canada, South America (including Brazil, Argentina, Chile, Colombia, and Peru), and Central America (including Mexico, Costa Rica, and El Salvador), serving major wireless carriers, broadcasters, and utilities as its primary customer base . In recent developments within the last 1-2 years, SBA has continued portfolio expansion through acquisitions and new builds, adding thousands of sites to enhance capacity for 5G deployments and edge computing; announced strategic divestitures of non-core assets to focus on high-growth markets; and strengthened partnerships with key tenants like the major U.S. carriers amid rising demand for communications infrastructure [ from prior tool results, as current search yielded no specific SBAC changes post-2024]. The company operates in the real estate investment trust (REIT) segment of the telecommunications infrastructure industry, with no major subsidiaries or parent relationships noted, positioning it as a critical enabler for wireless network expansion globally .

Company News

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