SBA Communications Corporation

SBA Communications Corporation

SBAC
SBA Communications CorporationUS flagNASDAQ Global Select
185.95
USD
-0.24
- -
19.72BMarket Cap
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
26.99
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
9.31
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
12.07
Dividend per Share
- -
- -
- -
- -
- -
- -
0.74
1.86
2.32
2.84
3.42
3.94
4.47
4.75
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
-43.64
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
-70.67
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
2,871
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
53.98
Depreciation Expense
533
627
660
638
643
672
697
722
700
708
716
270
292
320
Net Income, GAAP
-56
-24
-176
76
104
47
147
24
238
461
502
750
1,054
991
Effective Tax Rate (%)
- -
- -
- -
12.67
11.32
8.19
21.19
- -
5.92
12.56
9.31
3.1
15.1
16.61
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
34.51
Working Capital
-404
-4
21
-549
-19
-832
-714
-142
-2
-214
-879
181
-1,905
-3,592
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
11,324
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
-4,545
Return on Invested Capital (%)
- -
- -
- -
5.56
6.66
8.06
6.33
- -
8.88
9.07
10.5
15.2
12.43
12.54
Return on Capital (%)
- -
- -
- -
5.41
5.83
5.96
5.79
- -
6.87
8.47
9.37
11.63
13.72
13.68
Return on Common Equity (%)
-11.07
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
2,235
2,988
3,885
LT Borrowings
10,964
10,276
9,151
LT Finance Leases
2,119
2,151
2,173
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
106
106
106
Market Capitalization
20,439
18,255
18,720

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
773
767
745
Cash, Cash Equivalents & STI
271
381
356
Accounts Receivable, Net
171
161
176
Inventories
- -
- -
- -
Total Current Liabilities
2,678
3,346
4,337
Payables & Accruals
232
188
225
ST Debt
2,235
2,988
3,885
Deferred Revenue
117
104
157

Growth Rates

FRC

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

FRC

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

FRC

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

FRC

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

APIChatGPT
CEO
Brendan Thomas Cavanagh
Full Time Employees
1,844
Sector
Real Estate
Industry
REIT - Specialty
Address
8051 Congress Avenue Boca Raton FL United States of America 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 .

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