SBAC

SBA COMMUNICATIONS CORP
—

Company Information

Company Name
SBA COMMUNICATIONS CORP
CIK
CIK0001034054
Category
Large accelerated filer
Ticker: Exchange
SBAC: Nasdaq
Fiscal Year End
December 31
Owner Organization
05 Real Estate & Construction
SIC
6798
SIC Description
Real Estate Investment Trusts
Ticker
SBAC

SEC filing data through

Insider Sentiment

Last purchase
—
Last sale
2026-08-17
Shares purchased (TTM)
0
Shares sold (TTM)
300
Buy ratio (TTM)0.0%

Institutional Sentiment

As of
2026-06-30
Institutional shares owned
101,749,544
Shares outstanding
106,073,000
Ownership
95.92%
+5.75% Y/Y

Earnings Market Reaction

Filing date
2026-08-06
Price on filing date
—
1-month reaction
5.29%
3-month reaction
…
Drift continued5/11 (45%)
Faded / reversed6/11 (55%)

Balance Sheet

Values in millions ($)
Line item2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-312023-12-312023-09-30Subscriber-only columnSubscriber-only columnSubscriber-only columnSubscriber-only columnSubscriber-only columnTrend
Assets Current
Cash And Cash Equivalents At Carrying Value327269265430275636190186221240209191
Restricted Cash And Cash Equivalents At Carrying Value29591683021231,2076158203837
Accounts Receivable Net Current17616117115814013014611189127183158
Contract With Customer Asset Net Current252328504727192520171628
Prepaid Expense And Other Assets Current188255142144411174176773443946
Assets Current7457677738135249331,979450460448484460
Property Plant And Equipment Net3,4533,4163,4023,2963,2582,8192,7922,7842,7202,7102,7122,701
Finite Lived Intangible Assets Net2,8682,8802,8822,7252,5802,4032,3892,4922,3142,4042,4562,524
Operating Lease Right Of Use Asset2,6952,6792,5402,4352,4192,3402,2922,3232,1292,1862,2412,316
Other Assets Noncurrent653646652642642618657773786807812845
Assets11,74211,72111,57511,26010,76610,44311,41710,2029,7869,99510,17810,334
Liabilities Current
Accounts Payable Current7064732206165605451464247
Accrued Liabilities Current898594988675828976779393
Long Term Debt Current3,5792,6841,9367737727721,188231,8061,80564324
Deferred Revenue Current157104117132125110127184191161236176
Interest Payable Current663965387535623258335730
Other Liabilities Current696694592119181414211921
Liabilities Current4,3373,3462,6781,6111,4301,3431,7986682,4602,4131,363663
Liabilities Noncurrent
Long Term Debt Noncurrent9,15110,27610,96411,93311,73911,65412,40412,29610,47410,55111,68112,491
Other Liabilities Noncurrent627613588554466406368432374411404332
Liabilities Noncurrent11,95013,04113,67214,50714,21014,00814,67514,66012,60312,76813,95114,802
Redeemable Noncontrolling Interest Equity Carrying Amount858678776563544941373535
Stockholders Equity
Common Stock Value111111111111
Additional Paid In Capital3,1133,0853,0593,0383,0232,9912,9752,9422,9302,9152,8942,848
Retained Earnings Accumulated Deficit-7,136-7,201-7,250-7,285-7,251-7,226-7,326-7,394-7,546-7,509-7,451-7,422
Accumulated Other Comprehensive Income Loss Net Of Tax-608-637-664-688-712-737-760-724-702-630-615-594
Stockholders Equity-4,630-4,752-4,854-4,934-4,939-4,971-5,110-5,175-5,317-5,223-5,171-5,166
Liabilities And Stockholders Equity11,74211,72111,57511,26010,76610,44311,41710,2029,7869,99510,17810,334
Preferred Stock Par Or Stated Value Per Share0.010.010.010.010.010.010.010.010.010.010.010.01
Preferred Stock Shares Authorized303030303030303030303030
Preferred Stock Shares Issued000000000000
Preferred Stock Shares Outstanding000000000000
Common Stock Par Or Stated Value Per Share0.010.010.010.010.010.010.010.010.010.010.010.01
Common Stock Shares Authorized400400400400400400400400400400400400
Common Stock Shares Issued106106106107107108108108107108108108
Shares Outstanding106106106107107108108108107108108108

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SBA COMMUNICATIONS CORP (SBAC) — SEC Financial Statements & Analysis

SBA COMMUNICATIONS CORP (SBAC) is a real estate investment trusts company, incorporated in FL. SBA COMMUNICATIONS CORP trades on Nasdaq as: SBAC. SBA COMMUNICATIONS CORP (SBAC)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-06. Based on that filing, SBA COMMUNICATIONS CORP carries a market cap of $18.59B, a P/E ratio of 18.79x, a P/B ratio of -4.02x, a P/S ratio of -52.19x, an enterprise value of $30.96B, and an EV/EBITDA multiple of 18.34x. On profitability, it posts a gross margin of 152.96%, an operating margin of -384.03%, a net margin of -277.74%, a Return on Equity (ROE) of -20.68%, a Return on Assets (ROA) of 8.79%, and a Return on Invested Capital (ROIC) of 15.12%. Per share, it reports EPS of $9.33, diluted EPS of $9.31, free cash flow per share of $9.91, and a dividend per share of $4.76. Over the trailing year, it posted revenue growth of -108.95% year-over-year, net income growth of 12.15% year-over-year, and EPS growth of 13.69% year-over-year. On the balance sheet, it maintains a current ratio of 0.17x, a quick ratio of 0.13x, working capital of $-3.59B, a debt-to-equity ratio of -3.52x, a debt ratio of 1.39, free cash flow of $1.05B (TTM), and net debt of $12.37B. Figures sourced from SEC EDGAR.

Market Cap
$18.59B
P/E TTM
18.79x
EPS TTM
$9.33
P/B TTM
-4.02x
ROE TTM
-20.68%
ROA TTM
8.79%
Debt To Equity
-3.52x
Free Cash Flow TTM
$1.05B
Net Revenue TTM Growth 1Y
-108.95%

Data as of 2026-06-30 · Source: SEC EDGAR

Frequently Asked Questions

What industry is SBA COMMUNICATIONS CORP in?

SBA COMMUNICATIONS CORP (SBAC) operates in the Real Estate Investment Trusts industry.

What exchange does SBAC trade on?

SBA COMMUNICATIONS CORP (SBAC) trades on the Nasdaq.

Where is SBA COMMUNICATIONS CORP incorporated?

SBA COMMUNICATIONS CORP is incorporated in FL.

When was SBA COMMUNICATIONS CORP (SBAC)'s most recent SEC filing?

SBA COMMUNICATIONS CORP (SBAC)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-06.

What is SBAC's market cap?

SBA COMMUNICATIONS CORP (SBAC) has a market capitalization of $18.59B as of 2026-06-30.

What is SBAC's P/E ratio?

SBA COMMUNICATIONS CORP (SBAC)'s trailing twelve month P/E ratio is 18.79x as of 2026-06-30.

What is SBAC's EPS (earnings per share)?

SBA COMMUNICATIONS CORP (SBAC)'s trailing twelve month EPS is $9.33 as of 2026-06-30.

What is SBAC's ROE (return on equity)?

SBA COMMUNICATIONS CORP (SBAC)'s trailing twelve month Return on Equity (ROE) is -20.68% as of 2026-06-30.

What is SBAC's ROA (return on assets)?

SBA COMMUNICATIONS CORP (SBAC)'s trailing twelve month Return on Assets (ROA) is 8.79% as of 2026-06-30.

What is SBAC's ROIC (return on invested capital)?

SBA COMMUNICATIONS CORP (SBAC)'s trailing twelve month Return on Invested Capital (ROIC) is 15.12% as of 2026-06-30.

What is SBAC's EV/EBITDA?

SBA COMMUNICATIONS CORP (SBAC)'s trailing twelve month EV/EBITDA is 18.34x as of 2026-06-30.

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