SBA Communications Corporation

SBA Communications Corporation

SBAC
SBA Communications CorporationUS flagNASDAQ Global Select
189.59
USD
+2.00
- -
20.11BMarket Cap
SBA Communications Corporation
SBAC
(NASDAQ Global Select)

Recent

price

189.59

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
5.42
6.26
7.93
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
26.74
Revenue per Share
-1.68
-1.13
-1.51
-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
9.54
Basic EPS, GAAP
1.74
2.23
2.85
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
11.67
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.74
1.86
2.32
2.84
3.42
3.94
4.47
4.61
Dividend per Share
-16.68
-20.43
-20.46
-19.7
-19.71
-24.78
-29.22
-36.6
-44.69
-49.28
-59.2
-65.88
-69.3
-68.85
-68.05
-67.62
-67.46
Book Value per Share
-10.12
-14.69
-20.53
-23.72
-37.62
-42.58
-45.42
-51.7
-58.38
-64.51
-71.42
-73.81
-74.3
-70.16
-69.16
-71.43
-70.7
Tangible Book Value per Share
116
112
120
128
129
128
124
120
115
113
112
109
108
108
108
107
107
Basic Weighted Avg Shares
627
698
954
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
2,854
Sales/Revenue/Turnover
14.4
17.66
20.33
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
54.49
Operating Margin (%)
279
309
408
533
627
660
638
643
672
697
722
700
708
716
270
292
309
Depreciation Expense
-195
-126
-181
-56
-24
-176
76
104
47
147
24
238
461
502
750
1,054
1,018
Net Income, GAAP
- -
- -
- -
- -
- -
- -
12.67
11.32
8.19
21.19
- -
5.92
12.56
9.31
3.1
15.1
16.15
Effective Tax Rate (%)
-31.07
-18.11
-18.97
-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
35.66
Profit Margin (%)
16
2
-475
-404
-4
21
-549
-19
-832
-714
-142
-2
-214
-879
181
-1,905
-2,578
Working Capital
2,827
3,349
4,881
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
12,428
LT Debt
330
1
665
357
-661
-1,706
-1,996
-2,599
-3,377
-3,651
-4,809
-5,266
-5,245
-5,136
-5,056
-4,775
-4,666
Total Equity
- -
- -
- -
- -
- -
- -
5.56
6.66
8.06
6.33
- -
8.88
9.07
10.5
15.2
12.43
12.72
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
7.01
7.82
8.13
7.53
- -
8.66
10.79
12.21
14.99
17.53
18.1
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
1,064
2,235
2,988
LT Borrowings
11,933
10,964
10,276
LT Finance Leases
2,020
2,119
2,151
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
107
106
106
Market Capitalization
20,788
20,738
18,369

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
813
773
767
Cash, Cash Equivalents & STI
431
271
381
Accounts Receivable, Net
158
171
161
Inventories
- -
- -
- -
Total Current Liabilities
1,611
2,678
3,346
Payables & Accruals
355
232
188
ST Debt
1,064
2,235
2,988
Deferred Revenue
132
117
104

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
- -
- -
- -
- -

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
- -
- -
- -
- -

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
- -
- -
- -
- -
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

APIChatGPT
  • SBA Communications: Churn And Refinancing Pressures Are Already Priced In

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  • SBA Communications (SBAC) Down 7.5% Since Last Earnings Report: Can It Rebound?

  • 5 Strong Buy Passive Income Giants Have Raised Their Dividends by Double Digits for Years

  • 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

  • SBA Communications Corporation Reports First Quarter 2026 Results; Updates Full Year 2026 Outlook; and Declares Quarterly Cash Dividend

  • Is SBA Communications Stock a Smart Buy Before Q1 Earnings Release?

  • SBA Communications Corp (SBAC) Stock Down 3.3% -- Now Undervalued? GF Score: 82/100

  • 6-7% Yields From High-Quality REITs Look Too Cheap

  • SBA Communications Corporation Sets Date for First Quarter 2026 Earnings Release

  • 2 New REIT Buyout Targets